Big-box retailers have been dominant over the last two decades. But is this changing?
That is the question raised recently by David Welch, Chris Burritt, and Lauren Coleman-Lochner, writing for Bloomberg: “The new mantra is small box. While Best Buy, Wal-Mart Stores Inc., and Target Corp. are still opening large stores, all are putting increasing emphasis on smaller ones. Best Buy plans to double the number of its smaller Best Buy Mobile stores by 2016. Wal-Mart is building as many as 100 small-format stores this year, while Target is opening five CityTarget locations.”
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Retailing: From A to Z 