While first established as a printing business in 1873, Barnes & Noble has opened the first bookstore in 1917. It is headquartered in New York and represents the largest...
Founded in 1966, Best Buy Co. is one of the most important consumer electronics companies in the United States of America. It has a few subsidiaries too, including Pacific...
Blockbuster Inc. was one of the largest providers of video games and home movies. It operated through more than 9,000 rental stores spread around the United States of America....
Originally founded in 1949 as Wards and renamed to Circuit City in 1984, the company was a multinational corporation handling consumer electronics. With time, it has become the largest...
CVS Corporation is a health care service and retailer in the United States of America. It provides pharmacy and drugstore products in over 7,000 stores opened around the country....
eBay Inc. is one of the largest internet corporations. It ensures a top notch consumer to consumer commerce and handles millions of transactions everyday. The company is based on...
Formerly known as EB Games, GameStop Corporation was established in Dallas, Texas. Today, it is headquartered in Grapeville, Texas. GameStop Corporation is one of the largest retailers when it...
Gap Inc. is a reputable name in the fashion world. It is responsible for clothing and accessories. It is one of the most popular retailers in America. It is...
JCPenney Company – also known as JCP – represents a popular chain of department stores. It operates more than 1,100 stores around the United States of America and Puerto...
Kohl’s Corp. is responsible for one of the most diversified store chains in the United States of America. In fact, this is the most profitable department store chain. It...
Longs Drug Stores Corporation is responsible for some of the most complete drug stores and pharmacies from Hawaii. The company has around 40 different locations throughout the state. It...
Established in 1946, Lowe’s Companies Inc. has quickly become one of the most attractive and cost efficient retail home improvement stores in North America. The company gained reputation in...
Originally known as Federated Department Stores, Macy’s Inc. is currently a top notch holding company specialized in retail activities. Some of its products include footwear, clothing accessories, bedding, jewelry,...
OfficeMax Inc. is a top producer, seller and retailer of office supplies. It handles all kinds of tools and accessories, including papers, pens, pencils, plastic holders and many others....
Established in 1986, PetSmart Inc. is one of the leading names in pet supplies and services. The company is headquartered in Phoenix, Arizona. Whether it comes to pet food,...
Publix Super Markets has been established in 1930. It is employee owned, which means that most employees are responsible for the major decisions as well. It is known as...
Rite Aid Corporation is a major chain of drugstores and pharmacies in the United States of America. It represents the third biggest chain in the country, as well as...
Established in Framingham, Massachusetts, Staples Inc. is currently one of the largest office supply chains in the world. The company opened the first store in 1986. It was founded...
Target Corporation is a leading name in the retailing world. It is the second most important discount company in the United States of America, after Walmart. The company was...
The Home Depot Inc. is a world renown retailer of construction materials and products, as well as home improvement items and services. The company operates a lot of large...
Toys R Us Inc. is one of the largest manufacturers and distributors of toys, apparel and other juvenile products in the United States of America. The company was established...
United Stationers Inc. is a wholesale distributor of supplies and products for business purposes. It was established in Deerfield, Illinois, in 1922. Some of its main products include electronics,...
Wal-Mart Stores Inc. represents a huge chain of department and warehouse stores. The company has gained plenty of reputation overtime due to the huge discounts and wide variety of...
Walgreen Co. is currently the biggest and most prestigious drug retailing company in the United States of America. The company was raised by Charles Walgreen in 1901. Today, it...
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About the Retail Industry
The retail industry refers to selling both products and services to end users. Retail sellers represent one of the latest parts in the supply chain.
Practically, they make money by purchasing bulk amounts of particular products for lower costs and even significant discounts, only to sell them one by one at a higher price.
Over the past few decades, this industry has gained popularity over the Internet as well, especially since the costs are often a lot lower than in regular stores.
The retail industry covers all kinds of products in pretty much any field, including construction, automotive, groceries, beverages, furniture and many others. Obviously, some of its segments are going to prosper over the next years, while others are very likely to lose their popularity.
A company in the retail field sells specific products to regular products. Such companies do not necessarily deal with large businesses, since they mostly focus on bulk orders. A career as a salesperson might be profitable if you have a degree and some experience, but also if you sell the right product. Wal-Mart and Kroger are currently the largest retailers in the USA.