Big Box stores are on a point of no return. Established in 1948 by Charles Lazarus, Toys ‘R’ Us were the representation of the post war business. Particularly it converted the children’s toy industry from a recurrent market to a run of the mill luxury. At the pinnacle in the mid 1990’s, Toys ‘R’ Us had secured its reputation as a “category killer,” a band so ruling in a solitary market, it wiped out all the competition. However, much of Toys ‘R’ Us’s prosperity depended on its retail space: the big box store. Regrettably its ruination may have taken place due to the same factors.
Big Boxes stores have always remained as a part of country’s culture, but at one point they were an exhaustive innovation. Rather than sustaining most of the inventory shut off in storage, big box stores displayed the wares. It is arduous to determine the dawning of this architectural style, however, specialists point to 1962 as a watershed year, with the initiation of Walmart, Target, and Kmart stores opening up within a time gap of few months. To completely advance their wares these companies required spacious and largely unmitigated retail area with elevated ceilings that permitted stock clerks to heap seemingly countless reserves. In the exterior they require large parking lots to accommodate all their customers and an easy route to highway to keep car-centric shoppers close.
For years these big box retailers flourished and annihilated smaller stores that could not participate with the diversification and plentiful wares.