category killer
{{Short description|Retailer with a large product range}}
File:Bed Bath & Beyond Closing Last 10 Days, Hialeah, Florida, March 2023 - 2.jpg
A category killer is a retailer, often a big-box store, that specializes in and carries a large product assortment of a given category.{{Cite book |last=Stone |first=Kenneth E. |url= |title=Competing With the Retail Giants: How to Survive in the New Retail Landscape |date=1995 |publisher=Wiley |isbn=0-471-05440-2 |location=New York |oclc=31901604}}{{Rp|pages=109–111}} Through their wide merchandise selections, low pricing, deep supply, large buying power, and market penetration, they have a comparative advantage over other, smaller retailers, and can greatly reduce the sales of rival retailers within that category, in the area{{Cite book |last=Kraft |first=Manfred |url= |title=Retailing in the 21st Century: Current and Future Trends |last2=Mantrala |first2=Murali K. |publisher=Springer-Verlag |year=2010 |isbn=978-3-540-72003-4 |edition=2nd |location=Berlin |pages=127, 133 |oclc=567361303}} and beyond it.
In essence, they are a price- or discount-based specialist mass-retailer.{{Rp|page=13}} Chains such as OfficeMax, Best Buy, Barnes & Noble, and Hobby Lobby have been considered category killers.{{cite web |last1=Lal |first1=Rajiv |last2=Alvarez |first2=Jose B |date=10 October 2011 |title=Retailing Revolution: Category Killers on the Brink |url=http://hbswk.hbs.edu/item/retailing-revolution-category-killers-on-the-brink |work=Working Knowledge |publisher=Harvard Business School |access-date=16 November 2016}}
Once typically found in power centers, increasingly they are found in or adjacent to (as an outbuilding of) repurposed traditional malls.
Large category killer stores are mostly in mid- and large-sized cities, because a large population is required to be feasible.{{Rp|page=33}}
Impact
Local merchants in cities with category killers "may suffer a substantial reduction in sales," and stores in a wider radius can be affected by the draw.{{Rp|pages=109–111}} Between 1983 and 1993, Iowans spent 31% less in hardware stores, translating to a loss of 37% in the same time to those stores as a result of category killer stores.{{Rp|pages=67–68, 89}}
Canadian retailers
class="wikitable"
|+Examples of retailers considered to be category killers !Retailer !Category |
The Home Depot
| rowspan="1" |Home and construction |
Best Buy
| rowspan="1" |Electronics |
Toys "R" Us
|Toys |
Indigo Books and Music
| rowspan="1" | Books |
Staples
| rowspan="1" |Office supplies |
Shoppers Drug Mart
| rowspan="1" |Drug Stores |
PetSmart
| rowspan="1" |Pet supplies |
Party City
| rowspan="1" |Party supplies |
Dollarama
| rowspan="1" |Dollar Stores |
United States retailers
Sporting goods stores that are category killers range in footprint from {{convert|10000|to|40000|sqft}}.{{Rp|page=37}}Home Depot carries 30,000 items in {{convert|100000|sqft|adj=on}} stores.{{Cite book |last=Michman |first=Ronald D. |title=Retailing Triumphs and Blunders: Victims of Competition in the New Age of Marketing Management |last2=Greco |first2=Alan James |publisher=Quorum Books |others=Alan James Greco |year=1995 |isbn=978-1-4294-7347-7 |location=Westport, Conn. |oclc=232160862}}{{Rp|page=148}}
class="wikitable"
|+Examples of retailers considered to be category killers{{Rp|page=4}} !Retailer !Category !Defunct? |
The Home Depot
| rowspan="4" |Home and construction | |
Lowe's
| |
Builders Square
|1999 (stores) |
Home Quarters
|1999 |
Circuit City
| rowspan="2" |Electronics |2009 (stores) |
Best Buy
| |
Toys "R" Us
|Toys |2018 - 2021 (US stores) |
Barnes & Noble
| rowspan="2" | Books | |
Borders
|2011 |
OfficeMax
| rowspan="3" |Office supplies | |
Office Depot
| |
Staples
| |
Petco
| rowspan="2" |Pet supplies | |
PetSmart
| |
Party City
|Party supplies |2024 |
The Gap{{Rp|page=122}}
| rowspan="2" | Clothing | |
Old Navy
| |
See also
References
{{Reflist}}
External links
- {{Wiktionary-inline|category killer}}
{{Template:Retail}}
{{DEFAULTSORT:Category Killer}}
Category:Competition (economics)
Category:Power centers (retail)
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