Retail Industry Timeline

Aug 31, 2015 in Mobile, Retail

We work with many businesses in the retail industry, and the history of the retail world reaches throughout the 20th century. Below are a few dates which mark the beginning of an industry change or when some of the most well-known companies started a trend or made a newsworthy move.

1966 – the term “Black Friday” enters the retail lexicon
1970 – Wal-Mart goes public and drastically expands the number of store locations
1971 – the first Starbucks opens in Seattle, Washington
1972 – Kroger rolls out its “superstore” prototype, which included specialty departments
1973 – Backhauling, a method of retail transportation, becomes legal
1974 – the very first scanning of a barcode was on a Wrigley’s pack of gum
1979 – Home Depot opens the first store in Atlanta
1984 – the prototype of an electronic shelf label (ESL) is introduced in Dallas
1988 – top products bought with coupons: cereal, dog/cat food, coffee and laundry detergent
1990 – the Food Guide Pyramid released
1990 – retailers experiment (successfully) with self-checkout lanes
1992 – Mall of America opens in Bloomington
1995 – Amazon and eBay launch online shopping websites
2001 – Apple opens its first store
2002 – Kraft is winning “war of the aisles”

…. More important dates to come!