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Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the 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 ...
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 small family-run ...
Discount store 167,200 ... Neckarsulm Germany: 5 The Home Depot: Home improvement 132,110 9.7%: Atlanta United States: 6 The Kroger Company: Supermarket 131,620 2.0%: Cincinnati United States: 7 Walgreens Boots Alliance: Drug store/Pharmacy 117,705 0.3%: Deerfield United States: 8 Aldi: Discount store 117,047 ... Essen and Mülheim Germany: 9 ...
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 ...
The history of retail encompasses the sale of goods and services to consumers across all cultures and time periods from ancient history to the present. [1] Commerce first took the form of bargaining between early human civilizations. Beginning with Middle Eastern towns in the 7th millennium BCE, retail markets emerged when civilizations created ...
Chain store. A chain store or retail chain is a retail outlet in which several locations share a brand, central management and standardized business practices. They have come to dominate many retail markets, dining markets, and service categories in many parts of the world. A franchise retail establishment is one form of a chain store.
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.
Target Corporation is an American retail corporation that operates a chain of discount department stores and hypermarkets, headquartered in Minneapolis, Minnesota. It is the seventh-largest retailer in the United States, and a component of the S&P 500 Index. [3]
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