Retail Histroy Timeline

Timeline created by fontaliu
  • Aaron Montgomery Ward founded his company - First Mail Retailing

    Aaron Montgomery Ward founded his company - First Mail Retailing
    American merchant Aaron Montgomery Ward (1843-1913) helped create mail order retailing and built the large mail-order house which bears his name.
  • Frank Winfield Woolworth - First Five Cents Store

    Frank Winfield Woolworth - First Five Cents Store
    Opened the first five & dime store.
  • Sebastian Kresge - Founder of Kmart

    Sebastian Kresge - Founder of Kmart
    S.S. Kresge Company founded by Sebastian S. Kresge. Nowadays, the company is known as Kmart.
  • Hechinger stores founded - First Home Improvement Store

    Hechinger stores founded - First Home Improvement Store
    Hechinger stores founded - First Home Improvement Store
  • KB Toys

    KB Toys
    Founded in 1922 by the Kaufman brothers.
  • S.S. Kresge Company, Ltd.

    S.S. Kresge Company, Ltd.
    Kresge Canadian subsidiary S.S. Kresge Company, Ltd. was founded
  • Zellers Founded by Walter P. Zeller

    Zellers Founded by Walter P. Zeller
    Zellers Founded by Walter P. Zeller in Canada. W.T.Grant Co. becomes owner of Canada's Zellers discount chain in 1959.
  • IKEA Founded

    IKEA Founded
    IKEA was founded in 1943 by Ingvar Kamprad in Sweden and it is owned by a Dutch-registered foundation controlled by the Kamprad family.
  • E. J. Korvette Founded

    E. J. Korvette Founded
    First Discount Store.
  • Circuit City Stores, Inc. Founded

    Circuit City Stores, Inc. Founded
    Circuit City Stores, Inc. Founded as Wards Company
  • Mervyns Founded

    Mervyns Founded
  • Simpson-Sears Founded in Canada

    Simpson-Sears Founded in Canada
    Simpson-Sears founded in Canada.
  • Ames Department Stores Founded

    Ames Department Stores Founded
    Gilman Brothers, opened their first Ames store in Southbridge, Mass. Also major in discount retailing. Run out of business in 2002.
  • Target Stores founded

    Target Stores founded
    In 1962, the first Target store opened in Roseville, Minnesota, and in 2000 the company changed its name from Dayton Hudson to Target.
  • First Wal-Mart Store Opened.

    First Wal-Mart Store Opened.
    Wal-Mart stores founded by Sam Walton in Arkansas
  • Kohl's Stores Founded

    Kohl's Stores Founded
    Max Kohl opened his first Kohl's Store in 1963.
  • Best Buy Founded

    Best Buy Founded
    Richard M. Schulze and business partner James Wheeler open Sound of Music, an audio specialty store, in Saint Paul, Minnesota, the future Best Buy.
  • Opening of the First Price Club

    Opening of the First Price Club
    Opening of the first Price Club. Foundation for companies like Costco.
  • Home Depot Founded

    Home Depot  Founded
    The Home Depot was founded in 1978 by Bernie Marcus, Arthur Blank, Ron Brill, and Pat Farrah.
  • Future Shop Founded in Canada

    Future Shop Founded in Canada
  • Costco Wholesale Corporation formed

    Costco Wholesale Corporation formed
    Founded by James Sinegal and Jeffrey Brotman, Costco opened its first warehouse in Seattle, Washington, on September 15, 1983.
  • Wal-Mart Became the World's Largest Retailer

    Wal-Mart Became the World's Largest Retailer
    Wal-Mart becomes the world's largest retailer with $32.6 billion in sales.
  • Wal-Mart Entered Canada

    Wal-Mart Entered Canada
    Wal-Mart entered Canada with the acquisition of 122 of the 166 Woolco stores.
  • Amazon.com, Inc. Launched

    Amazon.com, Inc. Launched
    Jeff Bezos founded Amazon.com, Inc. in 1994 and launched it online in 1995
  • Best Buy Acquired Future Shop

    Best Buy Acquired Future Shop
  • Ames Run Out of Business

    Ames Run Out of Business
  • Kmart went Chpt 11.

    Kmart went Chpt 11.
    On January 22, 2002, Kmart filed for Chapter 11 bankruptcy protection.
  • Kmart and Sears Merged

     Kmart and Sears Merged
    Kmart and Sears, Roebuck & Co. to merge to create Sears-Holding Corporation.
  • Wal-Mart sales Hit 256Billion.

    Wal-Mart sales Hit 256Billion.
  • Wal-Mart Sales Hit 312.4Billion.

    Wal-Mart Sales Hit 312.4Billion.
  • Mervyns Run Out of Business

    Mervyns Run Out of Business
  • KB Toys Run Out of Business.

     KB Toys Run Out of Business.
  • IKEA's annual Visitors Hit 631Million World-Wide.

    IKEA's annual Visitors Hit 631Million World-Wide.
  • Circuit City Run Out of Business

    Circuit City Run Out of Business