Search results
Results From The WOW.Com Content Network
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 ...
Retail format. The retail format (also known as the retail formula) influences the consumer's store choice and addresses the consumer's expectations. At its most basic level, a retail format is a simple marketplace, that is; a location where goods and services are exchanged. In some parts of the world, the retail sector is still dominated by ...
In the United States, the Merriam-Webster Dictionary defines a grocery store as "a store that sells food and household supplies : supermarket". In other words, in common U.S. usage, "grocery store" is a synonym for supermarket. [ 4] The Oxford English Dictionary notes that the term "grocery store" in American English is often used to mean ...
Dry goods is a historic term describing the type of product line a store carries, which differs by region. The term comes from the textile trade, and the shops appear to have spread with the mercantile trade across the British Empire (and former British territories ) as a means of bringing supplies and manufactured goods to far-flung ...
An online shop evokes the physical analogy of buying products or services at a regular "brick-and-mortar" retailer or shopping center; the process is called business-to-consumer (B2C) online shopping. When an online store is set up to enable businesses to buy from another businesses, the process is called business-to-business (B2B) online shopping.
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic appearance in the middle of the 19th century, and permanently reshaped shopping habits, and the definition ...
A retail merchant or retailer sells merchandise to end-users or consumers (including businesses), usually in small quantities. A shop-keeper is an example of a retail merchant. However, the term 'merchant' is often used in a variety of specialised contexts such as in merchant banker, merchant navy or merchant services.
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.