NAIC 452111

Department Stores (Except Discount Department Stores;

How the companies in this industry began, and the forces that shaped them.

28companies1872–2002founding years28still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
1903
TechnologyThe Wright brothers achieve powered flight.
1914
EconomyWorld War I begins; global trade reorders.
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1971
EconomyThe dollar leaves the gold standard; currencies float.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1994
TechnologyE-commerce begins to disrupt retail.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Von Maur Inc.
Active · founded 1872
Based in Davenport, Iowa, family-owned Von Maur Inc.
Von Maur Inc.
Active · founded 1872
Based in Davenport, Iowa, family-owned Von Maur Inc.
Rinascente S.p.A.
Active · founded 1917 · Italy
Rinascente S.p.A.
Rinascente S.p.A.
Active · founded 1917 · Italy
Rinascente S.p.A.
David Jones Ltd.
Active · founded 1920 · Australia
Into the mid-1990s, David Jones continued to shift its offerings in order to attract a broader clientele.
David Jones Ltd.
Active · founded 1920 · Australia
Into the mid-1990s, David Jones continued to shift its offerings in order to attract a broader clientele.
Odakyu Electric Railway Co., Ltd.
Active · founded 1923 · Japan
Odakyu Electric Railway Co., Ltd.
Odakyu Electric Railway Co., Ltd.
Active · founded 1923 · Japan
Odakyu Electric Railway Co., Ltd.
Edgars Consolidated Stores Ltd.
Active · founded 1929 · South Africa
Edgars Consolidated Stores Ltd.
Edgars Consolidated Stores Ltd.
Active · founded 1929 · South Africa
Edgars Consolidated Stores Ltd.
S.A.C.I. Falabella
Active · founded 1937 · Chile
S.A.C.I.
S.A.C.I. Falabella
Active · founded 1937 · Chile
S.A.C.I.
Dunnes Stores Ltd.
Active · founded 1944 · Ireland
Family-owned Dunnes Stores Ltd.
Dunnes Stores Ltd.
Active · founded 1944 · Ireland
Family-owned Dunnes Stores Ltd.
Groupe Bourbon S.A.
Active · founded 1948 · France
Former sugar cane producer Groupe Bourbon S.A.
Groupe Bourbon S.A.
Active · founded 1948 · France
Former sugar cane producer Groupe Bourbon S.A.
PPB Group Berhad
Active · founded 1948 · Malaysia
One of Malaysia's largest companies, and one of the largest conglomerates in the ASEAN market region, PPB Group Berhad…
PPB Group Berhad
Active · founded 1948 · Malaysia
One of Malaysia's largest companies, and one of the largest conglomerates in the ASEAN market region, PPB Group Berhad…
ShopKo Stores Inc.
Active · founded 1961
Shopko Stores Inc.
ShopKo Stores Inc.
Active · founded 1961
Shopko Stores Inc.
AEON Co., Ltd.
Active · founded 1969 · Japan
Formerly known as JUSCO AEON Co., Ltd.
AEON Co., Ltd.
Active · founded 1969 · Japan
Formerly known as JUSCO AEON Co., Ltd.
Empresas Almacenes Paris S.A.
Active · founded 1973 · Chile
Empresas Almacenes Paris S.A.
Empresas Almacenes Paris S.A.
Active · founded 1973 · Chile
Empresas Almacenes Paris S.A.
Harvey Norman Holdings Ltd.
Active · founded 1982 · Australia
Harvey Norman Holdings Ltd.
Harvey Norman Holdings Ltd.
Active · founded 1982 · Australia
Harvey Norman Holdings Ltd.
C.I. Traders Limited
Active · founded 2002 · United Kingdom
1980s:Le Riche debuts the Stampers convenience store format.
C.I. Traders Limited
Active · founded 2002 · United Kingdom
1980s:Le Riche debuts the Stampers convenience store format.
Build It Today

Starting a department stores (except discount department stores; company now

Each week we rebuild one of these stories for today's tools and capital.