Search results
Results from the Tech24 Deals Content Network
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, and the definition ...
Hypermarket. A hypermarket (sometimes called a hyperstore, supercentre, 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.
A grocery store ( AE ), grocery shop ( BE) or simply grocery [1] is a foodservice 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.
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 ...
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.
Discount store. A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. [1]
Everyday low price. Everyday low price (also abbreviated as EDLP) is a pricing strategy promising consumers a low price without the need to wait for sale price events or comparison shopping. EDLP saves retail stores the effort and expense needed to mark down prices in the store during sale events, and is also believed to generate shopper ...
Facing (retail) Faced products on a shelf at a Coles supermarket. In the retail industry, facing (also known as blocking, zoning, levelling or dressing) is the practice of pulling products forward to the front of the display or shelf on which they are placed, typically with the items' labels facing forward. [1] This is done to keep a store ...