The history & evolution of retail industry

Did you know that rail, car, TV, refrigerator, and Internet all play an important role in the evolution of the retail industry? How did FMCG manufacturers grow from sponsoring soap operas to huge global brands after fridges were brought into the households?

Find out how retail evolves from mom and pop store, chain or super store, discounted store, convenience store to online store within a century, fueled by infrastructure and innovations.

Chapters:
0:00 Retail started with mom & pop stores
0:31 Rail enabled the first retail evolution
0:46 Chain stores were established in the US
1:07 Big FMCG brands were established
1:33 The role of TV, refrigerator in retail
1:56 The role of rail, chain stores, FMCG in retail
2:25 Cars triggered the next retail evolution
2:34 How Walmart innovated retail
3:24 How Costco competed with Walmart?
4:12 ALDI offered no-frills shopping experiences
4:48 Convenience stores mushroomed in Japan
5:05 Retail evolved again with e-commerce

#yellowbees #didyouknow #retailevolution

Footage credit:
• P&G (Procter & Gamble)
• moreads
• Saturday’s World
• YOUCAR
• Costco
• ALDI USA
• Flying Dutchman
• Pexels.com

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• #walmart_innovation
• #costco_strategy
• #aldi_no_frills
• #convenience_stores_in_japan
• #retail_vs_e_commerce
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