Foto: Courtesy of Walmart Walmart is now the largest retailer in the world, but it was just an experimental discount store when it opened in 1962.
- Many modern-day retailers that you know and love have been around for years.
- Business Insider collected retro photographs of retailers like Costco, Walmart, and Macy’s.
- These images show just how much retail stores have changed over the decades.
- Visit Business Insider’s homepage for more stories.
Everyone gets their start somewhere. And it’s no different for major national retailers.
Plenty of modern-day national big-box and department stores have been around for decades, undergoing the crucial changes necessary to survive in the brutal retail business. Still others maintain glimmers of their old selves, like Walmart’s perpetual focus on low prices and the warehouse layout adopted by Home Depot and Costco.
Here’s a look at early iterations of major retailers:
The first-ever Walmart store opened up on July 2, 1962 in Rogers, Arkansas.
Foto: An early Walmart store.sourceCourtesy of Walmart
Source: Business Insider
Founder Sam Walton had operated a number of Ben Franklin stores in Arkansas since 1945 and opened Walton’s Five and Dime five years after that.
Foto: An early Walmart advertisement.sourceCourtesy of the Walmart Museum
Source: Business Insider
The new Walmart chain focused specifically on discounts. It would one day become the world’s largest retailer.
Foto: An early Walmart store.sourceCourtesy of Walmart
Source: Business Insider
Macy’s Herald Square flagship store in New York City may have become famous, but the retailer didn’t get its start in Manhattan. A dry goods business that would later become Macy’s first opened its doors in Haverhill, Massachusetts, in 1851.
Foto: sourceBettmann / Contributor / Getty Images
Source: Macy’s
Seven years later, founder Rowland Hussey Macy would take his business to the corner of 14th Street and Sixth Avenue in New York City.
Foto: A Macy’s on Sixth Avenue in New York City.sourceArchive Photos/Getty Images
Source: Macy’s
The company that would become Best Buy launched in 1966 as a single St. Paul, Minnesota, audio store known as Sound of Music. Sound of Music rebranded into Best Buy in 1983.
Foto: A 1969 photo of a Sound of Music store.sourceCourtesy of Best Buy
Source: MPR News
17-year-old Ingvar Kamprad first founded the business that would become Ikea in 1943, selling odds and ends like pens and picture frames.
Foto: Ingvar Kamprad in the first Ikea store in 1958.sourceIkea
Source: Business Insider
By 1948, the business pivoted to locally sourced furniture, establishing a successful catalog business.
Foto: sourceIkea
Source: Business Insider
The company built its first ever store in Älmhult, Sweden, in 1958. That inaugural store would come to have the playroom and restaurant that Ikea is still known for today.
Foto: sourceIkea
Source: Business Insider
Home Depot was born in Atlanta, Georgia, on June 22, 1979, when twin 600,000-square-foot locations opened up for the first time on Memorial Drive and Buford Highway.
Foto: sourceCourtesy of The Home Depot
Source: Business Insider
These two initial Home Depots were a bit smaller than their modern counterparts, but they still had the modern retailer’s low-key warehouse layout.
Foto: sourceCourtesy of The Home Depot
Source: Business Insider
By the end of 1979, Home Depot had three stores, 200 employees, and a total of $81,700 in sales.
Foto: sourceCourtesy of The Home Depot
Source: Business Insider
The modern day members-only warehouse chain we know as Costco was brought about by the 1993 merger of Price Club and Costco.
Foto: An early Costco.sourceCourtesy of Costco Wholesale
Source: Business Insider
Price Club launched in 1976, and Costco opened its doors in 1983.
Foto: A crowd of shoppers in a Costco in 1983.sourceCourtesy of Costco Wholesale
Source: Business Insider
Back then, shoppers could purchase a Costco membership for $25 or $30 a year.
Foto: A crowd of shoppers in a Costco in 1983.sourceCourtesy of Costco Wholesale
Source: Business Insider
Send tips to [email protected]
Retail - Latest - Google News
January 26, 2020 at 09:46PM
https://ift.tt/36ryphp
What Walmart, Costco, and other famous retailers looked like when they first opened - Business Insider
Retail - Latest - Google News
https://ift.tt/2JDvGsM
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
No comments:
Post a Comment