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Text / WSJ article by Peter F. Drucker on retail growth

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Title
WSJ article by Peter F. Drucker on retail growth
Creator
Peter F. Drucker
Date Created and/or Issued
1993-07-15
Publication Information
The Drucker Institute
Contributing Institution
Claremont Colleges Library
Collection
Drucker Archives
Rights Information
For permission to use this item, contact The Drucker Institute, https://www.drucker.institute/about/drucker-archives/
Description
Article by Peter F. Drucker on the international and multinational expansion of retail businesses, and what successful retail business practices necessitate. Drucker notes that new, successful retailers shun shopping centers and instead build free-standing stores or go into minimalls, offering Wal-Mart as a prime example of this business phenomenon. New, successful retailers primarily aim at a new market niche and a sharply defined personality profile for their consumer. Alongside this development is the elimination of the traditional idea of service in retail. The new incentive is for consumers/customers to have information concerning what they want and need, and where to find it in a store, without the assistance of store employees. Finally, Drucker highlights the shift to shopping online and the consequences of that consumer transformation.
Type
text
Format
tiff
Identifier
dac02179
http://ccdl.claremont.edu/cdm/ref/collection/dac/id/6742
Language
English
Subject
Drucker, Peter F. (Peter Ferdinand), 1909-2005
Wall Street Journal
Aldi
Ikea (Firm)
Benetton (Firm)
Body Shop (Firm)
Wal-Mart (Firm)
Toys "R" Us (Firm)
Tengelmann (Firm)
Sam's Club
Ahold (Firm)
Source
Article by Peter F. Drucker on the international and multinational expansion of retail businesses, and what successful retail business practices necessitate, July 15, 1993; Drucker Archives; Box 110, Folder 3; 1 page
Relation
Drucker Archives - https://ccdl.claremont.edu/digital/collection/dac

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