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  1. Evolution Of Retail Industry Over One Hundred Years

    • Let’s agree on the meaning of the term. By definition, retail is the sale of goods or services in small quantities directly to consumers. Retailer is the last mile of the supply chain from supplier to consumer. When y… See more

    The 1920s-1930s: The Rise of Consumer Culture

    The first decades after World War I, already had a good basis for stimulating the ongoing evolution of retail. Introduced to wealthy Europeans at the end of the 18th century, the so-called shopping arcades gave way t… See more

    The 1940-1960S: The Post-War Retail. Shopping Malls

    World War II naturally caused a drop in global commerce sales. Peter Vanham, the Media Lead for the World Economic Forum, claims that by 1944-1945, trade as a percentage of the world’s GDP had decreased … See more

    The 1970-1980S: Gradual Automation of Retail

    1970 is marked as the start of an Age of Information and Telecommunications. Appearance of EDI (Electronic Data Interchange) in 1970 enabled the execution of all business transactions electronically. An ecomm… See more

    The 1990-2010S: Online Shopping Becomes A Reality

    The introduction of the Internet, and later DLS connectivity (a high-speed internet connection), caused a new era in the retail environment. The Secure Socket Layer(SSL) protocol was developed to provide saf… See more

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  1. The evolution of the retail industry can be summarized as follows12:
    1. Ancient Markets and Early Retail Practices.
    2. Medieval Retail Practices (5th - 15th century CE).
    3. Pre-Industrial Retail Innovations (16th - 18th century CE).
    4. The Rise of Department Stores (19th - early 20th century CE).
    5. Technological Advancements and Retail (Late 19th - 20th century CE).
    6. E-commerce and Digital Revolution (1990s - Present).
    7. Modern Retail Landscape (21st century CE - Present).
    Learn more:

    Evolution and History of Retail Stores

    • Ancient Markets and Early Retail Practices ...
    • Medieval Retail Practices (5th - 15th century CE) ...
    • Pre-Industrial Retail Innovations (16th - 18th century CE) ...
    www.paralleldots.com/resources/blog/history-of-ret…

    The History and Evolution of Retail Stores

    • 1. Mom and Pops: 1700s–1800s. A “mom and pop” store is a colloquial phrase for a small, family-owned, independent business. ...
    • 2. Department stores arrive: Mid 1800s – Early 1900s. ...
    www.bigcommerce.com/blog/retail/
     
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  3. The Evolution Of Retail In 2024: A Glimpse Into The …

    WEBFeb 5, 2024 — The future of retail will be tech-driven, and the global smart retail market size is expected to grow at a CAGR of 29.1% by 2030. The pandemic spurred many retailers to invest in technologies...

     
  4. The History and Evolution of Retail Stores | BigCommerce

  5. Evolution and History of Retail Stores - paralleldots.com

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  8. History of retail - Wikipedia

    WEBThe history of retail encompasses the sale of goods and services to consumers across all cultures and time periods from ancient history to the present. [1] Commerce first took the form of bargaining between early …

  9. The history of retail: a timeline - Lightspeed

    WEBMay 8, 2015 — Believe it or not, the history of retail dates way farther back than you think. From farmers exchanging animals to the introduction of the first shopping mall in 1930, it’s been an interesting evolution. Here’s a …

  10. The Future of Retail: The Age of Convergence | Bain …

    WEBDec 9, 2022 — Figure 1. By 2030, half of retail profits could come from “beyond trade” diversification rather than the traditional selling that dominates today. Converging business models and blurring profit …

  11. Understanding the Stages of Retail - Harvard Business Review

  12. The Evolution Of Retail: Past, Present And Future

    WEBNov 28, 2017 — Part of the future of retail lies in the future of the customer experience — and fulfillment of expectations beyond the limitations we know today. What started over the past century with “More, Cheaper, …

  13. The future of the US retail industry | McKinsey - McKinsey

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