Should People Buy Products From Small Local Stores Or Big Retail Stores?

Target Corporation is an upscale discount retailer whose mission is to provide trendy merchandise to their “guests” or customers (Target Corporation, n.d.). In order to achieve its mission, Target relies on its efficient management team to execute its vision and maintain operations. To learn more about a manager's role at Target, we interviewed Lisa Novgrod, a store manager of Target, on November 3rd, 2017. One of the topics discussed in the interview was the growth of online shopping and the struggle to be competitive online against giant e-commerce companies like Amazon.com and other retail competitors like Walmart. Currently, Target is having difficulty translating their competitive advantages such as a great in-store experience and trendy

Supercenters, such as Wal-Mart and Target, offer both experiences of budget-based department store items, drug store items, home goods, office supplies, furniture, and groceries. This enables the store to grab the attention of the shopper with multiple purchases to make, and who

Wal-Mart and Target are both discount BIG BOX retailers which have made the most of their strengths and have drawn upon the differences in their customer bases, product mix and business strategy. Even though both

Now that some of the cons were revealed, there are also many benefits to having a big box retailer in a community. One of the largest, most obvious of these is, of course, that of helping the communities to grow.

Today I will discuss how large chain retailers hurt small businesses, why local businesses are

Over the last 50 years, many claim that there has been a decline in “mom and pop” stores in the States. They believe that this decline is from chain stores, people do not necessary see these afflict effects that cause mom and pop stores. There are many positive effects of having a chain store close to your home, but it also can have negative effect on the community. Before diving into what the pros and cons of having a chain store or a “mom and pop” store, it is necessary to know the definition of what they are. “Mom and Pop” store is a small store, usually independent, and family owned business. Since it is a family owned business, it typically has few employees. It is not a franchises, therefore it is only in a single

These small retailers are also the ones who tend to suffer the most from the “warehouse” effect that customers tend to shy away from. Also, due to their small size, these retailers are the ones who are the most likely to complain from margins since their small structure do not allow them to have economies of scales that can be done at larger retailers.

Wal-Mart is bad for our local economy, yet we still choose to shop there. As a result the hope of this research is to better frame the friend-or-foe debate over Wal-Mart. Wal-Mart is one of the largest retail chains in the world. When Wal-Mart comes to a community, it brings along with it a number of significant changes. My research will demonstrate some changes are good and others are not so good.

Because of this “efficiency” for Walmart, possible employees are harmed in their permanent job prospects as they would not be with more local businesses, which would be more likely to . Also, local businesses are more likely to keep more money in the local economy. The Michigan State University Center for Community and Economic Development (CCED) found that around 70% of the profit in local businesses goes into the local economy, while only 40% of the profit from chain companies stays local. This means more money for wages, taxes, and charitable donations that are likely to be supported by the local employees. Occupations provided by larger retail chain businesses, on the other hand, often get more products from non-local companies and much of their profit are paid out-of-state to leaders and CEOs of the business. Thus, in most communities, local retail employees would prefer having more local businesses than corporate chains.

“...bricks and mortar establishments still offer things you just can’t do online.” (Koss pg. 11). Koss uses her own statements against herself; she is correct when she presented the latter idea, but her entire article is based on the concept that Amazon.com is “pure evil”. And, though Amy Koss is concerned and persuaded that Amazon will abolish all bricks and mortar shops, this abolition will not ensue in the death of the American mall. There are too many comforts in having physical stores, and too many cons as to why America shouldn’t go completely digital. For all of those

Somethings that school stores and general corner stores have in common is that they both have to make sure that they can sell the products that are on the shelves. The stores do not want the product sitting too long on the shelves because they will not be making money for those items. Although a general store brings in lot of money it also needs to spend more money than the school store because they have more inventory. I know this because a corner store has to restock almost everyday. Because schools deal with kids and young adults they must maintain a healthy diet in doing so school must sell nutritious products. School stores and corner stores have something very important in common, they both need to make the customers feel happy and excited with their purchase. General stores sell product to the public that is more suitable to the neighborhood culture. General stores and school stores sell product of high demand because they both will receive more profit. In return this will make the customers leave the store satisfied and knowing that they will return to purchase more product. I say this because buying new things that people want always makes a person feel

Saving money takes time and sensible planning. As an online business owner saving money leads to further funds for the business. Both forms of shopping have their own positives and negatives. With careful research, there are many deals to find when combing both brick and mortar and online shopping.

Store traffic program tends to dictate the success of this big box, mainly in the United States. In the last decade, consumers who make trips to shopping malls have been reduced. As well, there is increased number of American youths who have access to credit cards. Youths are in a position of making more purchase decisions and shop more in big box and online retailers. The big box that operates mainly in focused markets, which are sometimes known as “category killer” for companies such as Best Buy, Walmart, Lowe’s, and Home Depot (Teece pp. 42).

A big chain, like Wal-Mart, can ravage local business and financially destroy local business owners. I know Wal-Mart is seen as a mega job creator, but it is also the small business devourer. Small business owners can’t keep up with the convenience of a store that sells just about everything you could need, like a Wal-Mart. Another thing that consumers enjoy, but small business hate is Wal-Mart’s ability to lower their prices. Small business can’t match them because they’ll lose money instead of making it. Even though these practices seem great to the customer, these types of practices are actually monopolistic, and allows Wal-Mart, a finically stable corporation, to easily run small, locally owned businesses out of business.

I agree with your post. I believe that brick and mortar businesses are highly relevant despite the fact that e-commerce is on the rise. I too enjoy shopping online sometime mainly due to my shopping habits and simply out of convenience. Joseph (2016) acknowledges that, E-commerce has the convenience component nailed down. Moreover, that is essentially why people like online shopping, consumers like that they have to exude little effort or difficulty, they simply just have to scroll down a page to look at the products available and place them in their online cart. Likewise, they are able to avoid waiting in lines and searching for a parking spot. However, convenience is highly important and essential especially in today’s time when people have so much on their plates that they rarely have time to factor in time for shopping in actual stores. Furthermore, the reason as to why brick and mortar stores are still relevant and people still utilize them is because they have some attributes that E-commerce does not have such as an opportunity and time for consumers to walk into a physical store, opportunity for face-to face interaction, able to physically pick up the items, feel them, smell them or taste them.