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The F. W. Woolworth Company was a retail company and one of the pioneers of the five-and-dime store. It was among the most successful American and international five-and-dime businesses, setting trends and creating the modern retail model that stores follow worldwide today.
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic appearance in the middle of the 19th century, and permanently reshaped shopping habits, and the definition of service and luxury. Similar developments were under way in London, in Paris and in New York City (Stewart's).
A variety store is a retail store that sells general merchandise, such as apparel, auto parts, dry goods, toys, hardware, furniture, and a selection of groceries. It usually sells them at discounted prices, sometimes at one or several fixed price points, such as one dollar, or historically, five and ten cents. Variety stores, as a category, are different from general merchandise superstores, hypermarkets, warehouse clubs, grocery stores, or department stores.
A category killer is a retailer, often a big-box store, that specializes in and carries a large product assortment of a given category. Through their wide merchandise selections, low pricing, deep supply, large buying power, and market penetration, they have a comparative advantage over other, smaller retailers, and can greatly reduce the sales of rival retailers within that category, in the area and beyond it.
Woolco was an American-based discount retail chain. It was founded in 1962 in Columbus, Ohio, by the F. W. Woolworth Company. It was a full-line discount department store unlike the five-and-dime Woolworth stores which operated at the time. At its peak, Woolco had hundreds of stores in the US, as well as in Canada and the United Kingdom. While the American stores were closed in 1983, the chain remained active in Canada until it was sold in 1994 to rival Walmart, which was looking to enter the Canadian market. All of the former UK Woolco stores were sold by Kingfisher, which had bought the UK Woolworth business, to Gateway which subsequently sold them to Asda.
Pathmark is a supermarket brand owned by Allegiance Retail Services, a retailers’ cooperative based in Iselin, New Jersey, USA. Pathmark currently has one location in East Flatbush, Brooklyn, New York, which it has operated since 2019.
A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs.
TG&Y was a five and dime, or chain of variety stores and larger discount stores in the United States. At its peak, there were more than 900 stores in 29 states. Starting out during the Great Depression in rural areas and eventually moving into cities, TG&Y stores were firmly embedded in southern culture as modern-day general stores with a bit of everything. The chain used the advertising slogan, "Your best buy is at TG&Y." The founders articulated their business philosophy as "...have what people want at a price they can afford to pay,"
Giant Tiger Stores Limited is a Canadian discount store chain which operates over 260 stores across Canada. The company's stores operate under the Giant Tiger banner in Alberta, Manitoba, New Brunswick, Nova Scotia, Ontario, Prince Edward Island and Saskatchewan; under the GTExpress and Scott's Discount banners in Ontario and under the Tigre Géant banner in Quebec.
A big-box store is a physically large retail establishment, usually part of a chain of stores. The term sometimes also refers, by extension, to the company that operates the store. The term "big-box" references the typical appearance of buildings occupied by such stores.
A warehouse store or warehouse supermarket is a food and grocery retailer that operates stores geared toward offering deeper discounted prices than a traditional supermarket. These stores offer a no-frills experience and warehouse shelving stocked well with merchandise intended to move at higher volumes. Unlike warehouse clubs, warehouse stores do not require a membership or membership fees. Warehouse stores can also offer a selection of merchandise sold in bulk. Typically, warehouse stores are laid out in a logical format; this leads customers in a certain way around the store to the checkout. For example, as one enters the store they are directed down an aisle of discounted products. From there the layout could then lead to the fresh produce department, followed by the deli and bakery departments at the back of the store. Often, certain customer service niceties, like the bagging of groceries, are not done by store employees; this helps reduce overall cost. Many warehouse stores are operated by traditional grocery chains both as a way to attract lower income, value conscious consumers and to maximize their buying power in order to lower costs at their mainstream stores.
Pay 'n Save was a retail company founded by Monte Lafayette Bean in Seattle, Washington, in 1940. Over the years, Pay 'n Save was the leading drugstore chain in Washington and was the owner of several Washington-based retailers, including Lamonts and Ernst. A 1984 sale of the company to The Trump Group and a 1986 attempt to transform the retailer into a bargain-basement merchandiser resulted in a loss of nearly $50 million. By 1988, Pay 'n Save was sold to Thrifty Corporation, who later sold the stores to PayLess Drug, who retired the Pay 'n Save name. As a result, most of the retailer's divisions were spun off as separate companies or shuttered. As of 2023, Pay 'n Save's membership discount chain, Bi-Mart, is the sole surviving division of the company.
Lechmere ( "leech-meer") was a Massachusetts-based chain of retail stores that closed in 1997. At the time of its closing, it had 27 stores, including 20 in New England. The chain offered electronics, appliances, and various household goods. It also had locations in New York and the Southeastern United States.
Thrifty PayLess Holdings, Inc. was a pharmacy holding company that owned the Thrifty Drugs and PayLess Drug Stores chains in the western United States. The combined company was formed in April 1994 when Los Angeles–based TCH Corporation, the parent company of Thrifty Corporation and Thrifty Drug Stores, Inc., acquired the Kmart subsidiary PayLess Drug Stores Northwest, Inc. At the time of the merger, TCH Corporation was renamed Thrifty PayLess Holdings, Inc. and Thrifty operated 495 stores, PayLess operated 543 stores.
Omni Superstore was a chain of supermarkets in the Chicago area and was owned by Dominick's. In 1997, Dominick's phased out Omni and converted the stores into Dominick's because the concept was not generating enough revenue compared to other Dominick's stores.
Clint's Crazy Bargains was established in November 1978, as a partnership between David and Kerry Rickards, and Norm and Sue O'Neill.
Halls is the department store division of Kansas City, Missouri-based Hallmark Cards, consisting of a specialty department store located in downtown Kansas City in the city's Crown Center commercial complex district. The store carries a variety of premium-branded items in apparel, cosmetics, jewelry, shoes, and other product categories, in addition to greeting cards and gift items carrying the Hallmark brand. Halls is positioned at a price level comparable to larger luxury-oriented chains including Bloomingdale's and Neiman Marcus.
La Mirada Mall was a 72-acre (29 ha) regional shopping mall at the southeast corner of La Mirada Boulevard and Rosecrans Avenue in La Mirada, California, in southeast Los Angeles County, in a region known as the Gateway Cities. It is now the site of the La Mirada Theater Center, a strip mall.
Los Altos Center is a regional shopping mall in the Los Altos area of northeastern Long Beach, California along Bellflower Boulevard, 4 miles south of Lakewood Center Mall and 5 miles east of Downtown Long Beach.
The retail format influences the consumer's store choice and addresses the consumer's expectations. At its most basic level, a retail format is a simple marketplace, that is; a location where goods and services are exchanged. In some parts of the world, the retail sector is still dominated by small family-run stores, but large retail chains are increasingly dominating the sector, because they can exert considerable buying power and pass on the savings in the form of lower prices. Many of these large retail chains also produce their own private labels which compete alongside manufacturer brands. Considerable consolidation of retail stores has changed the retail landscape, transferring power away from wholesalers and into the hands of the large retail chains.
References
- 1 2 Roessner, EElmer (October 5, 1948). "Trend Toward Suburban Junior Department Store Gains". Charlotte News. p. 8.
- ↑ Cooper, James (1973). Real Estate and Urban Land Analysis. Lexington Books. p. 705. ISBN 9780669904154.
A junior department store…occupies less area than a department store…usually under 100,000 sq. ft.… often 30,000 to 60,000 sq. ft.
- ↑ "Junior department store to be opened tomorrow". Fort Worth Star Telegram. October 8, 1958. p. 13.
- ↑ "Multi-Million TG&Y Expansion Set Here". Daily Oklahoman. May 26, 1963. p. 66.
- ↑ "Thrifty Drug Store Sets Grand Opening Sept. 28". Lompoc Record. September 21, 1961. p. 9.
- 1 2 Northrup, Jeff (March 17, 1972). "$7,000,000 Enclosed Mall Planned for Lowerll". Lowell Sun. p. 38.
- ↑ McKeever, James Ross (1977). Shopping Center Development Handbook. Urban Land Institute, Commercial and Office Development Council. p. 69, 81-82.
The term junior department store…generally refers to a store that does not carry the full lines customary in department stores and that is smaller than a department store as measured in GLA [gross leasable area]