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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 ...
Hypermarket. A hypermarket or superstore is a big-box store combining a supermarket and a department store. [1] The result is an expansive retail facility carrying a wide range of products under one roof, including full grocery lines and general merchandise. In theory, hypermarkets allow customers to satisfy all their routine shopping needs in ...
A grocery store (), grocery shop or simply grocery [1] is a retail store that primarily retails a general range of food products, [2] which may be fresh or packaged.In everyday U.S. usage, however, "grocery store" is a synonym for supermarket, [3] and is not used to refer to other types of stores that sell groceries.
A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections. This kind of store is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market.
Department store. 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 ...
Updated Sun, Sep 25, 2016 · 3 min read. The development of technology has created an impact on almost all the aspects of people's lives. It includes the food industry as well. From the recent ...
All that in 2015 suggests that 2016 will begin to show us how our distribution and delivery systems may look by 2020 and beyond. The ground has been primed for new players, new technology and a ...
Homeplus, a hypermarket LotteMart. South Korea's's large stores usually cover over 3,000 square metres (32,000 sq ft) and sell self-service food, household goods and home appliances at a discount. [1] Food products (fresh and processed foods) account for 50 percent of sales, followed by household goods and appliances. [2]