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A convenience store may also be called a cold store, party store (), bodega (New York City), carry out, mini-market, mini-mart, corner shop, deli or milk bar (Australia), dairy (New Zealand), superette (New Zealand, parts of Canada, and in parts of the US), corner store (many parts of English-speaking Canada and New England), a späti (from 'spätkauf' (lit. 'buy-late') in Germany, a konbini ...
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply ...
Boutique. A boutique ( French: [butik]) is a retail shop that deals in high end fashionable clothing or accessories. [ 1] The word is French for "shop", which derives ultimately from the Ancient Greek ἀποθήκη ( apothēkē) "storehouse". [ 2][ 3] The term boutique and also designer refer (with some differences) to both goods and services ...
An outlet store, factory outlet or factory store is a brick and mortar or online store where manufacturers sell their merchandise directly to the public. Products at outlet stores are usually sold at reduced prices compared to regular stores due to being overstock, closeout, returned, factory seconds, or lower-quality versions manufactured ...
There are three major hardware companies in Australia: Bunnings, Mitre 10 and Home Hardware. Home Hardware is a retailers' co-operative and has many banners which store owners trade under. Since the acquisition of Bunnings by Wesfarmers in 1994, the big-box store concept has changed how new hardware stores are built.
Same-store sales is a business term that refers to the difference in revenue generated by a retail chain's existing outlets over a certain period (often a fiscal quarter or a particular shopping season), compared to an identical period in the past, usually in the previous year. [ 1] By comparing sales data from existing outlets that is, by ...
But as a consumer you can tell the difference between retail products and outlet mall products. At Banana Republic, specifically made for its outlet stores you will find two diamonds on the label.
The list price, also known as the manufacturer's suggested retail price ( MSRP ), or the recommended retail price ( RRP ), or the suggested retail price ( SRP) of a product is the price at which its manufacturer notionally recommends that a retailer sell the product. [citation needed] Suggested pricing methods may conflict with competition ...