a very large shop that sells a large number of products, usually at low prices: The rise of chain retailers led to the supremacy of big-box stores like Kmart, Target, and Wal-Mart. Many consumer-goods manufacturers believe that big-box retailers are bad for their business and a scourge on their brands. The conventional wisdom goes this way: Retailers like Wal-Mart, Toys R Us, Staples, and Home Depot cut prices relentlessly to squeeze out smaller retailers. For retailers and small and medium sized business (SMB) owners, the winter holiday months are the last lap in a long race to finish out the year on a high note.
Big box retailers need to have details about the activity in their stores. Nomi is here to offer retail analytics to help. Big box retailers in the UK are reassessing their property needs, mothballing plans for new stores and closing existing sites. But what seemed like fertile ground for two of the largest and most prominent U.S. big-box retailers proved anything but. Best Buy and The Home Depot announced their retreats from China within a month of each other in early 2011.