Retail

retailerretail storeshopretailingshopsretailersretail storesstorestoresretail trade
Retail is the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit.wikipedia
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Shopping

comparison shoppingshopshops
Shopping generally refers to the act of buying products.
A typology of shopper types has been developed by scholars which identifies one group of shoppers as recreational shoppers, that is, those who enjoy shopping and view it as a leisure activity.

Brick and mortar

brick-and-mortarbricks and mortarbrick and mortar business
In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing.
The term brick-and-mortar business is often used to refer to a company that possesses or leases retail shops, factory production facilities, or warehouses for its operations.

Shopping mall

shopping centreshopping centermall
Retail shops occur in a diverse range of types and in many different contexts – from strip shopping centres in residential streets through to large, indoor shopping malls.
A shopping mall is a modern, chiefly North American, term for a form of shopping precinct or shopping center (also spelled shopping centre), in which one or more buildings form a complex of shops representing merchandisers with interconnecting walkways that enable customers to walk from unit to unit.

Wholesaling

wholesalewholesalerwholesalers
The term "retailer" is typically applied where a service provider fills the small orders of a large number of individuals, who are end-users, rather than large orders of a small number of wholesale, corporate or government clientele.
Wholesaling, jobbing, or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional, or other professional business users; or to other wholesalers and related subordinated services.

Product (business)

productproductsmerchandise
Most modern retailers typically make a variety of strategic level decisions including the type of store, the market to be served, the optimal product assortment, customer service, supporting services and the store's overall market positioning.
In retailing, products are often referred to as merchandise, and in manufacturing, products are bought as raw materials and then sold as finished goods.

Trade

tradingmercantileexchange
Shopping generally refers to the act of buying products.
Retail trade consists of the sale of goods or merchandise from a very fixed location (such as a department store, boutique or kiosk), online or by mail, in small or individual lots for direct consumption or use by the purchaser.

Department store

department storesdepartmentdepartment-store
In major cities, the department store emerged in the mid to late 19th-century, and permanently reshaped shopping habits, and redefined concepts of service and luxury.
A department store is a retail establishment offering a wide range of consumer goods in different product categories known as "departments".

Town centre

town area committeetown centerTown Committee
These markets typically occupied a place in the town's centre.
Town centres are traditionally associated with shopping or retail.

Merchant

merchantstraderstrader
In antiquity, exchange involved direct selling via merchants or peddlers and bartering systems were commonplace.
A retail merchant or retailer sells merchandise to end-users or consumers (including businesses), usually in small quantities. A shop-keeper is a retail merchant.

Service (economics)

servicesserviceBusiness Services
Retail is the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit.
This particular usage occurs frequently in retailing.

Mail order

mail-ordercatalogmail-order catalog
Forms of non-shop retailing include online retailing (a type of electronic-commerce used for business-to-consumer (B2C) transactions) and mail order. Mail order from a printed catalogue was invented in 1744 and was common in the late 19th and early 20th centuries. Ordering by telephone was common in the 20th century, either from a catalog, newspaper, television advertisement or a local restaurant menu, for immediate service (especially for pizza delivery), remaining in common use for food orders. Internet shopping – a form of delivery – has eclipsed phone-ordering, and, in several sectors – such as books and music – all other forms of buying. There is increasing competitor pressure to deliver consumer goods – especially those offered online – in a more timely fashion. Large online retailers such as Amazon.com are continually innovating and as of 2015 offer one-hour delivery in certain areas. They are also working with drone technology to provide consumers with more efficient delivery options. Direct marketing, including telemarketing and television shopping channels, are also used to generate telephone orders. started gaining significant market share in developed countries in the 2000s.
The products are typically delivered directly to an address supplied by the customer, such as a home address, but occasionally the orders are delivered to a nearby retail location for the customer to pick up. Some merchants also allow the goods to be shipped directly to a third party consumer, which is an effective way to send a gift to an out-of-town recipient.

Retail apocalypse

had gone out of businessprecarious retail climaterapidly tightening retail market
Under such competition and other issues such as business debt, there has been a noted business disruption called the retail apocalypse in recent years which several retail businesses, especially in North America, are sharply reducing their number of stores, or going out of business entirely.
The retail apocalypse is the closing of a large number of North American brick-and-mortar retail stores, especially those of large chains, starting in 2010 and continuing onward.

Hypermarket

hypermarketsbig-boxcombination supermarket/department stores
In 1963, Carrefour opened the first hypermarket in St Genevieve-de-Bois, near Paris, France.
The result is an expansive retail facility carrying a wide range of products under one roof, including full groceries lines and general merchandise.

Retail design

originated the idea of the chain department store the first chain department stores,originated the idea of the chain department store
See also product management; promotion mix; marketing mix; price; servicescapes and retail design See Merchandising; Servicescapes; Retail design
together in the design and construction of retail space.

Michael Hill Jeweller

Michael Hill InternationalMichael Hill
Jewellery stores like Michael Hill have dim lighting with a view to fostering a sense of intimacy.
Michael Hill International Ltd. is a specialty retailer of jewellery in North America and Oceania.

Merchandising

merchandisemerchandisedmerchandizing
See Merchandising; Servicescapes; Retail design
In retail commerce, visual display merchandising means merchandise sales using product design, selection, packaging, pricing, and display that stimulates consumers to spend more.

Bookselling

bookstorebooksellerbookshop
Specialist retailers operate in many industries such as the arts e.g. green grocers, contemporary art galleries, bookstores, handicrafts, musical instruments, gift shops.
Bookselling is the commercial trading of books which is the retail and distribution end of the publishing process.

Schedule (workplace)

rosterschedulescheduling
Because patronage at a retail outlet varies, flexibility in scheduling is desirable.
A schedule is necessary for the day-to-day operation of many businesses e.g. retail store, manufacturing facility and some offices.

Services marketing

service activity
In Britain and Europe, the retail sale of goods is designated as a service activity. The European Service Directive applies to all retail trade including periodic markets, street traders and peddlers.
Services marketing typically refers to both business to consumer (B2C) and business-to-business (B2B) services, and includes marketing of services such as telecommunications services, financial services, all types of hospitality, tourism leisure and entertainment services, car rental services, health care services and professional services and trade services.

Convenience store

convenience storescorner shopconvenience shop
A convenience store provides limited amount of merchandise at above average prices with a speedy checkout.
A convenience store or convenience shop is a small retail business that stocks a range of everyday items such as groceries, snack foods, confectionery, soft drinks, tobacco products, over-the-counter drugs, toiletries, newspapers, and magazines.

Chain store

restaurant chainchainretail chain
In some parts of the world, the retail sector is still dominated by small family-run stores, but large retail chains are increasingly dominating the sector, because they can exert considerable buying power and pass on the savings in the form of lower prices.
A chain store or retail chain is a retail outlet in which several locations share a brand, central management, and standardized business practices.

Telemarketing

telemarketertelemarketerstelesales
Mail order from a printed catalogue was invented in 1744 and was common in the late 19th and early 20th centuries. Ordering by telephone was common in the 20th century, either from a catalog, newspaper, television advertisement or a local restaurant menu, for immediate service (especially for pizza delivery), remaining in common use for food orders. Internet shopping – a form of delivery – has eclipsed phone-ordering, and, in several sectors – such as books and music – all other forms of buying. There is increasing competitor pressure to deliver consumer goods – especially those offered online – in a more timely fashion. Large online retailers such as Amazon.com are continually innovating and as of 2015 offer one-hour delivery in certain areas. They are also working with drone technology to provide consumers with more efficient delivery options. Direct marketing, including telemarketing and television shopping channels, are also used to generate telephone orders. started gaining significant market share in developed countries in the 2000s.
The two major categories of telemarketing are business-to-business and business-to-consumer.

Discount store

discount department storediscountdiscount stores
Discount stores tend to offer a wide array of products and services, but they compete mainly on price.
A discount store or discount shop is a retail shop which sells products at prices that are lower than the typical market price.

General store

village shopcountry storegeneral stores
A general store is a store that supplies the main needs of the local community and is often located in outback or rural areas with low population densities.
A general merchant store (also known as general merchandise store, general dealer or village shop) is a rural or small town store that carries a general line of merchandise.

Anchor tenant

anchor storeanchor storesanchored
; Anchor store
In retail, an "anchor tenant", sometimes called an "anchor store", "draw tenant", or "key tenant", is a considerably larger tenant in a shopping mall, often a department store or retail chain.