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Discount Store
Discount stores offer 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. Types (United States) Discount stores in the United States may be classified into different types: Hypermarkets (superstores) Discount superstores such as Walmart or Target sell general merchandise in a big-box store; many have a full grocery selection and are thus hypermarkets, though that term is not generally used in North America. In the 1960s and 1970s the term "discount department store" was used, and chains such as Kmart, Zodys and TG&Y billed themselves as such. The term "discount department store" or "off-price department store" is sometimes applied to big-box discount retailers of apparel and home goods, such as Ross Dress for Less, Marshalls, TJ Maxx, and Burlington. Category killers So-called category killer stores, specialize i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulk Purchasing
Bulk purchasing or mass buying is the purchase of much larger quantities than the usual, for a unit price that is lower than the usual. Wholesaling is selling goods in large quantities at a low unit price to retail merchants. The wholesaler will accept a slightly lower sales price for each unit, if the retailer will agree to purchase a much greater quantity of units, so the wholesaler can maximize profit. A wholesaler usually represents a factory where goods are produced. The factory owners can use economy of scale to increase profit as the quantity sold increases. Retailing is buying goods in a wholesale market to sell them in small quantities at higher prices to consumers. Part of this profit is justified by logistics, the useful distribution function of the retailer, who delivers the goods to consumers and divides those large quantities of goods into many smaller units suitable for many transactions with many small parties of consumers. Retailers can also benefit from econom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PetSmart
PetSmart Inc. is a privately held American chain of pet Big-box store, superstores, which sell pet products, services, and small pets. It is the leading North American pet company, and its direct competitor is Petco. Its indirect competitors are Amazon (company), Amazon, Walmart, and Target Corporation, Target.Thau, Barbara"Why Bed Bath And Beyond, PetSmart Should Fear Showrooming More Than Best Buy" ''Forbes''. March 1, 2013. As of 2020, PetSmart has more than 1,650 stores in the United States and Canada."About PetSmart" Retrieved August 25, 2020. PetSmart stores sell pet food, pet supplies, pet accessories, and small pets. Stores also provide services including grooming, dog daycare, dog and cat boarding, veterinary care via in-store third-party clinics, and dog training. They also offer dog and cat adoption via in-store adoption centers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grocery Outlet
Grocery Outlet Holding Corp. is an American discount closeout retailer consisting exclusively of supermarket locations that offer discounted, overstocked, and closeout products from name-brand and private-label suppliers. The company has stores in California, Oregon, Washington, Idaho, Nevada, Maryland, Pennsylvania, New Jersey, Ohio, and Delaware. The vast majority of Grocery Outlet's stores are independently operated by local married couples. Each store has flexibility in its product offerings to serve local tastes and demand. The Read family founded the company in 1946. The formal name is Grocery Outlet Bargain Market. History James Read founded the company on June 11, 1946, in San Francisco, California. He bought government surplus food products and sold them in previously vacant stores throughout San Francisco. He named his new company Cannery Sales. In 1970, Cannery Sales acquired Globe of California and renamed it Canned Foods Warehouse. Canned Foods Warehouse chang ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Save-A-Lot
Save A Lot Food Stores Ltd. is an American discount supermarket chain store headquartered in St. Ann, Missouri, in Greater St. Louis. It has about 720 independently owned and operated stores across 32 states in the United States with over $2.6billion in annual sales. Stores carry most grocery products, with an assortment of fresh, canned and frozen produce, meat, meal products, household items and everyday groceries. Save A Lot grocery stores sell national brands and private label brands at a discounted price. A typical Save A Lot grocery store is with items displayed in their cardboard shipping boxes. History Save A Lot was founded in 1977 by Bill Moran as an alternative to larger supermarkets. He opened the first Save A Lot store in Cahokia, Illinois, and remained with the company until his retirement in 2006. In 1978, General Grocer Company expanded the company's presence in the greater St. Louis area. Eventually, the store network grew to 30 stores by the end of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lidl
Lidl ( ) is a trademark, used by two Germany, German international discount supermarket, discount retailer chain store, chains that operates over 12,600 stores. The ''LD Stiftung'' operates the stores in Germany and the ''Lidl Stiftung & Co. KG'' in 30 other countries. ''LD Stiftung'' is headquartered in Bad Wimpfen and the ''Lidl Stiftung & Co. KG'' in Neckarsulm. Both sister companies belong to the Schwarz Group, which also includes hypermarket chain Kaufland. Lidl is the chief competitor of the German discount chain Aldi in several markets. History In 1930, Josef Schwarz became a partner in a company based in Heilbronn named ''Südfrüchte Großhandlung Lidl & Co.'' which had been established by Anton Lidl since at least 1858 under the name ''A.Lidl & Cie'' specialising in the sale of exotic fruits. Schwarz renamed the company ''Lidl & Schwarz KG'' and expanded into a food wholesaler. In 1977, under his son Dieter Schwarz, the Schwarz Group began to focus on discount m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aldi
Aldi (German pronunciation: ), stylised as ALDI, is the common company brand name of two German multinational family-owned discount supermarket chains operating over 12,000 stores in 18 countries. The chain was founded by brothers Karl and Theo Albrecht in 1946, when they took over their mother's store in Essen. The business was split into two separate groups in 1960 that later became Aldi Nord (initially Northern West Germany), headquartered in Essen, and Aldi Süd (initially Southern West Germany), headquartered in neighbouring Mülheim. In 1962, they introduced the name Aldi (a syllabic abbreviation for "Albrecht Diskont"). In Germany, Aldi Nord and Aldi Süd have been financially and legally separate since 1966, although both divisions' names may appear as if they were a single enterprise with certain store brands or when negotiating with contractor companies. Each company is owned and operated independently, but they do have contractual business with one another. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grocery Store
A grocery store ( AE), grocery shop or grocer's shop ( BE) or simply grocery is a retail store that primarily retails a general range of food products, which may be fresh or packaged. In everyday US usage, however, "grocery store" is a synonym for supermarket, and is not used to refer to other types of stores that sell groceries. In the UK, shops that sell food are distinguished as grocers or grocery shops (though in everyday use, people usually use either the term "supermarket" or a " corner shop".) Larger types of stores that sell groceries, such as supermarkets and hypermarkets, usually stock significant amounts of non-food products, such as clothing and household items. Small grocery stores that sell mainly fruit and vegetables are known as greengrocers (Britain) or produce markets (US), and small grocery stores that predominantly sell prepared food, such as candy and snacks, are known as convenience shops or delicatessens. Definition The definition of "grocery s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sam's Club
Sam's West, Inc. (doing business as Sam's Club) is a chain of membership-only warehouse club retail stores in the United States owned by Walmart. It was founded in 1983 and named after Walmart founder Sam Walton as Sam's Wholesale Club. , Sam's Club ranks second in sales volume among warehouse clubs with $90.2 billion in sales, ahead of BJ's Wholesale Club but behind its main rival Costco. , Sam's Club operates 600 membership warehouse clubs in the United States across 44 states and Puerto Rico, with no locations in Alaska, Massachusetts, Oregon, Rhode Island, Washington State, and Vermont. Sam's Club offers car wash services at gas stations in 41 locations. Sam's Club also operates 173 locations in Mexico and 48 locations in China. Grupo Big, formerly Walmart Brazil, which was de-consolidated from Walmart in August 2018 and since then is part of Carrefour Group, also operates 58 Sam's Club locations in Brazil and to operate them pay a fee for the use of the brand. Locations ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Costco
Costco Wholesale Corporation is an American multinational corporation which operates a chain of membership-only big-box warehouse club retail stores. As of 2021, Costco is the third-largest retailer in the world, and as of August 2024, Costco is the world's largest retailer of beef, poultry, organic produce, and wine, with just under a third of American consumers regularly shopping at Costco warehouses. This article states that FedMart "became" Costco, which is incorrect. Sol Price founded Price Club after leaving FedMart. Costco is ranked #11 on the ''Fortune'' 500 rankings of the largest United States corporations by total revenue. Costco originally began with a wholesale business model aimed at enrolling businesses as members, then also began to enroll individual consumers and sell products intended for them, including its own private label brand. Costco's worldwide headquarters are in Issaquah, Washington, an eastern suburb of Seattle, although its Kirkland Signat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warehouse Clubs
A warehouse club (or wholesale club) is a retail store, usually selling a wide variety of merchandise, in which customers may buy large, wholesale quantities of the store's products, which makes these clubs attractive to both bargain hunters and small business owners. The clubs are able to keep prices low due to the no-frills format of the stores. They are distinguished from traditional cash-and-carry wholesale businesses in that their warehouses are substantially larger in size, and they do not cater purely to businesses but also allow some or all types of consumers to obtain memberships. They are also distinguished from warehouse stores in that they usually charge annual membership fees, and require presentation of proof of membership at the warehouse entrance and again at the point of sale. Membership in a warehouse club superficially resembles that in a consumers' cooperative, but lacks key elements including cooperative ownership and democratic member control. The us ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OfficeMax
OfficeMax is an American office supplies retailer founded in 1988. As an independent chain, it was the third-largest office supply retailer in the United States. Following a 2013 merger, it is currently a brand and subsidiary of Office Depot. History OfficeMax was founded in Cleveland on April 1, 1988, by Bob Hurwitz and Michael Feuer. Hurwitz served as executive chairman and chief executive officer, and Feuer was the president and chief operating officer. On July 5, 1988, OfficeMax opened its first retail store in the Golden Gate Shopping Center in Mayfield Heights, Ohio. Hurwitz left the company in 1993 and Feuer became the chairman and chief executive officer. OfficeMax grew by acquisition with Office World first in November 1990, with Office World executive and Montgomery Ward becoming minority shareholders. In 1990, Office Square stores were purchased from Kmart, in exchange for a 22% equity stake. In 1991, Kmart increased its stake in OfficeMax to 92%. In January 1992, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Office Depot
The ODP Corporation is an American office supply retailer headquartered in Boca Raton, Florida. The company operates 922 retail stores in the United States under the Office Depot and OfficeMax brands, as well as e-commerce sites and a business-to-business sales organization. The company has combined annual sales of approximately $7 billion, and employs about 45,000 people in the United States. History Office Depot was founded in by F. Patrick Sher, Stephen Dougherty, and Jack Kopkin, who became the company's chairman and chief executive officer, the president, and executive vice president respectively. All three were formerly associated with Mr. HOW Warehouse, a home improvement company that Sher sold to Service Merchandise in 1983. The first store, located at the Lakes Mall in Lauderdale Lakes, Florida, opened in October 1986. The company announced its initial public offering of stock, and went public in December 1988. Mergers and acquisitions In April 1991, it merged ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
