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  2. Key Takeaways

    • A big-box retailer is a store that occupies a large physical footprint while offering a wide variety of products to its customers, often in bulk.
    • Designed to be a one-stop-shop for customers, big-box stores can offer great convenience and value.
    • Some criticize big-box stores for displacing smaller mom-and-pop shops and aggressive pricing practices when dealing with vendors and suppliers.
    www.investopedia.com/terms/b/big_box_retailer.asp
    www.investopedia.com/terms/b/big_box_retailer.asp
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    What is a big-box store?The term "big-box" is derived from the store's physical appearance. A big-box retailer is a store that occupies a large physical footprint while offering a wide variety of products to its customers, often in bulk. Designed to be a one-stop-shop for customers, big-box stores can offer great convenience and value.
    What are some examples of big box stores?Located in large-scale buildings of more than 50,000 square feet, the store is usually plainly designed and often resembles a large box. Walmart, Home Depot, Tesco, and Ikea are examples of big-box retailers. Warehouse clubs such as Costco and BJ's are the original kind of big-box retailers.
    Are big-box retailers thriving?While big-box electronics retailers like Best Buy are shutting stores and suffering income declines, America's big discounters are, largely, thriving. Still, retail experts say, chains such as Wal-Mart and Target are considering changes to their store models in order to better compete with online retailers.
    What makes a big-box store different?When it comes to customer interaction, big-box stores can be very different from your typical local shop or retailer. Some big-box stores don't emphasize customer service, as the few employees on the floor are kept busy stocking shelves.
     
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