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Bazaar. A bazaar[ a] or souk[ b] is a marketplace consisting of multiple small stalls or shops, [ 1] especially in the Middle East, [ 2][ 1] the Balkans, Central Asia, North Africa and South Asia. [ 1] They are traditionally located in vaulted or covered streets that had doors on each end and served as a city's central marketplace.
Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
Fashion is a term used interchangeably to describe the creation of clothing, footwear, accessories, cosmetics, and jewellery of different cultural aesthetics and their mix and match into outfits that depict distinctive ways of dressing (styles and trends) as signifiers of social status, self-expression, and group belonging.
In America, you can tell a lot about how things are going by how much stuff people are buying. Every month, the Census Bureau releases its retail sales report, which tracks changes in the purchase ...
Seasonally adjusted annual rate. The seasonally adjusted annual rate (SAAR) is a rate that is adjusted to take into account typical seasonal fluctuations in data and is expressed as an annual total. SAARs are used for data affected by seasonality, when it could be misleading to directly compare different times of the year.
Many American families have had to tighten their financial belts in 2022 because of inflation and soaring costs, particularly for gas and energy. But increased spending on necessities isn't...
Closeout (sale) A closeout or clearance sale ( closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy. [2]
Inventory ( American English) or stock ( British English) refers to the goods and materials that a business holds for the ultimate goal of resale, production or utilisation. [ nb 1] Inventory management is a discipline primarily about specifying the shape and placement of stocked goods. It is required at different locations within a facility or ...