Retail
Retail is the sale of material goods, products or services.
Contents
Sales
Sales is defined as the activities taken to entice and/or support purchasing behaviours of specific offerings (items/brands/product-lines) within given products/services over a specifically measured period of time.
Stores
Prominent consumer product retail chains and brands include:
USA
- Wal-Mart (M&A with Woolco, Sam's Club, Seiyu and others)[1]
- Target (who had also attempted/botched a major expansion into Canada through acquisition of bankrupt Zellers retail locations)
- Circuit City (M&A with RadioShack, The Source and others)
- BestBuy (M&A with GreatCall, Dealtree, 5-star appliance, Speakeasy, Geeksquad, and others)
- HMV (M&A with SamTheRecordMan, and others)
- Barnes & Noble (M&A with SparkNotes, FatBrain & others)
- Amazon (the E-Coerce giant made its big leap into retail through M&A with Whole Foods and launch of “no-lineups/cashiers pay for what you take” Amazon Go)
Canada
Most of the major brands are also available in Canada, some (such as Sears and Toys-r-Us have an even bigger market share in Canada than in their home country, the US).
- Canadian Tire (M&A with Helly Hansen, Mark’s Work Warehouse, FGL Sports & others)
- The Bay (M&A with Eaton's, and others)
- Eddie Bauer
- Roots
- BestBuy (acquired Canadian electronics chain FutureShop; which itself had done M&A with MusicWorld and others)
- Chapters (M&A with Indigo and others)
- Toys-r-Us (M&A or strategic partnerships with eToys, FAO Schwartz; spin-off Babies-R-Us)
Japan
- Odakyu
- Isetan
- JUSCO
- Lambd's Club
- Tsutaya
- Uniqlo
Europe
- Promodes (France)
- Auchan ("")
- Carrefour ("")
- Leclerc ("")
- Metro (Germany)
- Rewe ("")
- Schwarz ("")
- Aldi ("")
- Tesco (UK)
- J. Sainsbury ("")
- Safeway Stores ("")
- El Corte Ingles (Spain)
- ICA ("")
- SHV Makro (Netherlands)
- Migros (Switzerland)
- H&M (Sweden)[2]
- IKEA ("")
- Benetton (Italy)
Major Retailers
Walmart
See: Walmart
BestBuy
BestBuy is a leading North American retail outlet specializing in electronics, but now offering products of all types (as per Wal-Mart, Costco and the North American super department store). BestBuy attained noteriety as the first major "click-and-mortar" retailer to make its full product catalog publicly available via an API and Web Service, in competition with then purely online E-Commerce giant Amazon.
- BestBuy REMIX - API Public Beta: http://remix.bestbuy.com/
- bestbuy-service-remix, PHP client library for the Best Buy Remix API: http://code.google.com/p/bestbuy-service-remix/
- Using a Commission Junction Affiliate ID with Best Buy's product catalog API: http://remix.bestbuy.com/docs/types/Affiliate_Program
- CamelBuy - a site that uses the deal tracking and product search capabilities of the BestBuy API: http://camelbuy.com
Canadian Tire
TJ Max
Winners
Sporting Goods
Cleve's (Source for Sports)
Clothing
H & M
Zara
Nordstrom
Gap
Giant Tiger
Used Goods Retailers
Value Village
Frenchy's
Habitat for Humanity
Salvation Army
Defunct Major Retailers
The following chains went bankrupt or were acquired/decommissioned:
- Woolco
- Eatons
- K-mart
- Zellers (M&A with K-mart, HB, others... all store closed[4])
- Sears
- Borders (books)
- HMV (Canadian stores/operations)
- GAP
- Target (Canadian stores/operations)
- Toys-R-Us (US stores/operations)
- Gordmans
- Payless ShoesSource
Defunct Minor Retailers
See Music#Retail
Resources
- 2011 Top 100 Retailers: http://www.stores.org/2011/Top-100-Retailers
- Why Best Buy is Going out of Business...Gradually: http://www.forbes.com/sites/larrydownes/2012/01/02/why-best-buy-is-going-out-of-business-gradually/
- The Retail Paradigm (STUDY 2022): https://www.xaxis.com/wp-content/uploads/2022/05/The-Retail-Paradigm-Part-1-Xaxis-Catalyst-Original-Research.pdf
External Links
- wikipedia: Retail
- wikipedia: Retail apocalypse
- wikipedia: MSRP
- wikipedia: Contract of sale
- wikipedia: Bill of sale
- wikipedia: Consignment
- wikipedia: Negative option billing
- wikipedia: Bait-and-switch
- wikipedia: Low-ball
- wikipedia: Teaser rate
- wikipedia: Cross-selling
- wikipedia: Upselling
- wikipedia: Value added selling
- wikipedia: Foot-in-the-door technique
- wikipedia: Door-in-the-face technique
- wikipedia: Colubmia House
- After almost a century in business, RadioShack files for bankruptcy: http://www.zdnet.com/article/after-almost-a-cenutry-in-business-radioshack-files-for-bankruptcy/
- Digital disruption on verge of taking out Radio Shack: http://www.zdnet.com/article/digital-disruption-on-verge-of-taking-out-radio-shack/
- Canada's Changing Retail Market: https://www.ic.gc.ca/eic/site/oca-bc.nsf/eng/ca02855.html
- CST Canada purchases Co-Op Atlantic assets: http://www.theguardian.pe.ca/business/2015/10/30/cst-canada-purchases-co-op-atlantic-asse-4327749.html[10][11][12][13][14][15][16]
- Following the Eaton’s death spiral’ Sears to end 65 years of retail history: http://business.financialpost.com/news/retail-marketing/brief-sears-canada-to-seek-court-approval-for-liquidation
- TOYS & WHEELS & DESIGN — 0671214: http://www.ic.gc.ca/app/opic-cipo/trdmrks/srch/viewTrademark.html?id=671214&lang=eng (Canada's first major Toy retailer chain)[17]
- Consumers Distributing catalog archive: http://www.cdarchive.ca/
- Toys 'R' Us files for bankruptcy protection in Canada, U.S.: http://www.cbc.ca/news/business/toys-r-us-bankruptcy-protection-1.4296274
- The $13.7 billion Whole Foods buy has turned the world against Amazon — and we'll see the sparks fly next year: http://www.businessinsider.com/amazon-and-whole-foods-versus-everybody-2017-11
- What Amazon Go Means for the Future of Retail: http://adage.com/article/digital/amazon-means-future-retail/307020/
- Why the Amazon and Whole Foods adventure might mark the start of a retail revolution: http://www.thedrum.com/opinion/2017/06/19/why-the-amazon-and-whole-foods-adventure-might-mark-the-start-retail-revolution
- Why Your Employees and Colleagues Might Be Your Most Important Customers: https://hbr.org/sponsored/2017/02/why-your-employees-and-colleagues-might-be-your-most-important-customers
- The World’s Most Peculiar Company: http://www.chicagomag.com/Chicago-Magazine/August-2018/Hammacher-Schlemmer/
- Amazon’s cashierless stores have a rival in Japan: https://www.seattletimes.com/business/amazons-cashierless-stores-have-a-rival-in-japan/
- UK consumers switch to online streaming en masse -- Retailers suffer as DVD, CD and video games sales plunge by up to a fifth: https://www.theguardian.com/business/2019/aug/12/uk-consumers-switch-to-online-streaming-en-masse
- American brands that became Japanese: https://japantoday.com/category/features/lifestyle/made-in-america-u.s.-brands-that-became-japanese
- Tears ‘R’ Us -- The World’s Biggest Toy Store Didn’t Have to Die: https://getpocket.com/explore/item/tears-r-us-the-world-s-biggest-toy-store-didn-t-have-to-die
- Walmart Retreats (Retail presence) Around Globe to Focus on E-Commerce: https://www.wsj.com/articles/walmart-retreats-around-globe-to-focus-on-e-commerce-11605518960
- Walmart's ecommerce sales grew 79% year over year, and this growth may continue into the holiday shopping season: https://www.businessinsider.com/walmart-cashes-on-ecommerce-in-fiscal-q3-2021-2020-11
- Retail Revolution "E-commerce is expensive" -- How invisible technology and infrastructure overhauls will save retail: https://digiday.com/media/e-commerce-is-expensive-how-invisible-technology-and-infrastructure-overhauls-will-save-retail/
- NYC saw most chain store closures in over a decade in 2020 - report: https://www.retaildive.com/news/nyc-saw-most-chain-store-closures-in-over-a-decade-in-2020-report/592884/
- Five E-Commerce Trends That Will Change Retail In 2021: https://www.forbes.com/sites/michelleevans1/2021/01/19/five-e-commerce-trends-that-will-change-retail-in-2021/
- The Importance of Building an Omnichannel Experience in Retail: https://marketscale.com/industries/retail/the-importance-of-an-omnichannel-experience/
- 5 creative ways malls are repurposing their space: https://www.retaildive.com/news/5-creative-ways-malls-are-repurposing-their-space/594580/ (medical centers, office space, modern arcades, churches, warehouses/fulfillment centers)
- Reinventing the Retail Bag: https://www.closedlooppartners.com/beyond-the-bag/
- Wait, Trader Joe was a real guy?: https://www.cnn.com/2022/05/07/business/trader-joes-history-joe-coulombe/
- Walmart, Gap and Others Amass $45 Billion in Extra Stuff to Sell: https://www.bloomberg.com/news/articles/2022-05-28/walmart-gap-and-others-amass-45-billion-in-extra-stuff-to-sell
- How convenience retailers can use store data to support customer experiences: https://www.icxa.org/blogs/how-convenience-retailers-can-use-store-data-to-support-customer-experiences/
- ATM as vending machine: https://www.atmmarketplace.com/articles/atm-as-vending-machine63/
References
- ↑ wikipedia: List of assets owned by Walmart
- ↑ wikipedia: H&M
- ↑ Top 50 European Retail Groups: http://www.dtgdesign.com/retail/top_europe_retailers.htm
- ↑ Zellers’ Last 2 Remaining Stores to Close: https://www.retail-insider.com/retail-insider/2019/8/zellers-last-2-remaining-stores-to-close-analysis
- ↑ wikipedia: List of defunct retailers of the United States
- ↑ wikipedia: List of defunct department stores of the United States
- ↑ wikipedia: List of defunct restaurants of the United States
- ↑ wikipedia: List of defunct Canadian companies
- ↑ How Consumers Spend Their Money: https://wallethub.com/edu/how-consumers-spend-their-money/25616
- ↑ wikipedia: Federated Co-operatives
- ↑ Co-Op Canada News: http://www.canadianfreestuff.com/co-op-canada-news/
- ↑ Co-op Atlantic to lay off 400 employees and close four food stores: http://www.ctvnews.ca/business/co-op-atlantic-to-lay-off-400-employees-and-close-four-food-stores-1.2440862
- ↑ Co-op Atlantic voting to sell food, fuel assets to Sobeys: http://atlantic.ctvnews.ca/co-op-atlantic-voting-to-sell-food-fuel-assets-to-sobeys-1.2345389
- ↑ Co-op Atlantic votes to sell grocery business to Sobeys: http://www.cbc.ca/news/canada/prince-edward-island/co-op-atlantic-votes-to-sell-grocery-business-to-sobeys-1.3072371
- ↑ Co-op Atlantic: http://www.cbj.ca/co-op_atlantic_co-op_atlantic_celebrates_the_year_of_the_co-op/
- ↑ Co-op Atlantic announces initiation of CCAA proceedings: http://www.newswire.ca/news-releases/co-op-atlantic-announces-initiation-of-ccaa-proceedings-518030991.html
- ↑ Toys & Wheels 80s/90s Canadian Toy Store: https://www.reddit.com/r/canada/comments/b0h1qk/toys_wheels_80s90s_canadian_toy_store/