It seems that buying bread, milk and pasta in a shop around the corner, ‘where everybody knows your name’, is about to become history, along with the traditional way of life. Small family-owned shops are being pushed out by large shopping malls, discounters, supermarkets and hypermarkets. The retail industry is booming, and that is good news for national economies, since it provides a stable market for farmers and other suppliers and creates a large volume of employment.
Retailers are essentially resellers – they buy products in large quantities from manufacturers or importers, either directly or through a wholesaler, and then sell smaller quantities to us, the consumers. While we normally associate retailing with big retail chains selling food and household items (Croatian Konzum, German Spar, US Wal-Mart, UK Tesco, French Carrefour, etc.), the term also refers to many specialty retailers such as Turbo Limach, Algoritam, IKEA, Gap and others. We will find most of these and more in every shopper’s Mecca – a shopping mall.
Today’s shopping malls have their origins in the covered markets and bazaars of the Middle Ages. The first modern shops typically represented the businesses where goods were produced (e.g. a bakery or tailor’s workshop) and sold just one type of product. The 19th century saw the emergence of the arcade – a roofed passageway with shops on one or both sides. The next step was the invention of the department store, offering a wide variety of goods (apparel, furniture, toiletries, cosmetics, toys, appliances, etc.) in several departments under one roof.