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One of the first department stores may have been Bennett's in Derby, first established as an ironmonger (hardware shop) in 1734. [7] It still stands to this day, trading in the same building. However, the first reliably dated department store to be established, was Harding, Howell & Co., which opened in 1796 on Pall Mall, London. [8]
The Industrial Revolution and the emergence of the department store in the 19th century reformed modern retail. Early department stores functioned as cultural centres where consumers could congregate and seek entertainment. Mail order catalogues also became popular. In 1954, the first modern shopping mall, Northland Mall, opened in the United ...
Macy's got its start as America's first department store before the Civil War, and with all the ups and downs of the last 160+ years, the brand still lives on today.
The Frank Winfield Woolworth Company (often referred to as Woolworth's or simply Woolworth) was a retail company and one of the pioneers of the five-and-dime store.It was among the most successful American and international five-and-dime businesses, setting trends and creating the modern retail model that stores follow worldwide today.
Neiman Marcus is an American department store chain founded in 1907 in Dallas, Texas by Herbert Marcus, his sister Carrie Marcus Neiman, and her husband Abraham Lincoln Neiman. Since 2024 it has been owned by Saks Global , the American division of the Hudson's Bay Company .
It was first recorded as a noun in 1433 with the meaning of "a sale in small quantities" from the Middle French verb retailler meaning "a piece cut off, shred, scrap, paring". [1] At present, the meaning of the word retail (in English, French, Dutch, German and Spanish) refers to the sale of small quantities of items to consumers (as opposed to ...
The suburban shopping center concept evolved further with larger open-air shopping centers anchored by major department stores. The first was a center in Ardmore, Pennsylvania later named Suburban Square, when the Philadelphia department store Strawbridge & Clothier opened a four-story, 50,000 sq ft (4,600 m 2) [45] branch there on May 12, 1930.
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