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The word retail comes from the Old French verb retaillier, meaning "to shape by cutting" (c. 1365).It was first recorded as a noun in 1433 with the meaning of "a sale in small quantities" from the Middle French verb retailler meaning "a piece cut off, shred, scrap, paring". [1]
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 ...
The retail outlets specialised in luxury goods such as fine jewellery, furs, paintings, and furniture designed to appeal to the wealthy elite. Retailers operating out of the Palais complex were among the first in Europe to abandon the system of bartering and adopt fixed prices thereby sparing their clientele the hassle of bartering.
A chain store or retail chain is a retail outlet in which several locations share a brand, central management and standardized business practices. They have come to dominate many retail markets, dining markets, and service categories in many parts of the world. A franchise retail establishment is one form
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By 1970 there were 23 Printemps locations and 13 Prisunic discount outlets. The oil-price driven French economic crisis of the early 1970s significantly threatened Printemps business model, in response the firm was transformed into a limited corporation with a controlling interest acquired by Maus Fréres, a Swiss holding company. During the ...
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Recently built E.Leclerc in Avermes, France. E.Leclerc (informally simply Leclerc, French pronunciation:) is a French retailers' cooperative and hypermarket chain, headquartered in Ivry-sur-Seine. [2]