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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 ...
Although discount stores and department stores have different retailing goals and different markets, a recent development in retailing is the "discount department store", such as Sears Essentials, which is a combination of the Kmart and Sears formats, after the companies' merger as Sears Holdings Corporation.
Nordstrom, Inc. (/ ˈ n ɔːr d s t r ə m /) is an American luxury department store chain headquartered in Seattle, Washington, and founded by John W. Nordstrom and Carl F. Wallin in 1901. The original store operated exclusively as a shoe store, and a second location opened in 1923.
The store may sell general dry goods, in which case it is a general merchandise retailer (however, traditional department stores, as the predecessor format, are generally not classified as "big box"), or may be limited to a particular specialty (such establishments are often called "category killers"), or may also sell groceries, in which case ...
Department stores are very large stores offering an extensive assortment of both "soft" and "hard" goods that often bear a resemblance to a collection of specialty stores. A retailer of such a store carries a variety of categories and has a broad assortment of goods at moderate prices. They offer considerable customer service. [13]
Department stores, such as Le Bon Marché of France, appeared from the mid-19th century. The modern era of retailing is defined as the period from the industrial revolution to the 21st century. [ 20 ]
[22] [23] In 1982 the Ross Stores network in the US, owner of 6 department stores, changed their format on passing to a new owner and began to grow as an off-price retailer. In just three years the network expanded to 107 stores, and by the year 1996 it consisted of nearly 300 department stores with its annual revenue reaching 1,5 bln dollars. [24]
A department store is a retail establishment offering a wide range of consumer goods. Department Store may also refer to: Department Store, a British crime film; Department Store, an Italian comedy film; The Department Store, a 1920 British silent comedy film "Department Store" (The Apprentice), a 2016 television episode