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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 ...
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 ...
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 ...
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 ...
Clothing terminology. Clothing terminology comprises the names of individual garments and classes of garments, as well as the specialized vocabularies of the trades that have designed, manufactured, marketed and sold clothing over hundreds of years. Clothing terminology ranges from the arcane (watchet, [ 1] a pale blue color name from the 16th ...
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 retailer or a shop is a business that presents a selection of goods and offers to trade or sell them to customers for money or other goods. Shoppers' shopping experiences may vary. They are based on a variety of factors including how the customer is treated, convenience, the type of goods being purchased, and mood.
A showroom is a large space used to display products for sale, such as automobiles, furniture, appliances, carpet or apparel. It is a retail store of a company in which products are on sale in a space created by their brand or company. A showroom can also be a space for wholesale buyers to view fashion merchandise for sale in their retail stores.