I think most of the people are not aware of retailing and diferent formats of retailing. Even if they know it also they are not able to distinguish the retail business. I think this posting will help them to recognize the category of retail business.
Retailing :-
In simple, retailing details with the activities involved in selling commodities to consumers.
The word retail retail comes from the French word called "retaillier".
In common words, a retailer buys goods in large quantities from manufacturers, either directly or through a wholesalers, and then sells smaller quantities to the end-user. This overall process is called as Retailing
Different formats of Retailing :-
- Owner based retailing
- Store based retailing
- Non-Store based retailing
Owner based retailing :-
- Independent stores :-
- Chain stores :- like Food world, Shoppers shop etc
- Consumer cooperatives :- like Ace Hardware
- Lease departmental stores :- like starbucks
- Franchise stores :- like Burger king, Mc Donald's.
Stored Based Retailing :-
- WareHouse Store :- like Costco, BJ wholesale club
- Supermarket :- like food world
- Hypermarket :- like Auchan
- Combined stores :- like Wal green
- Factory Outlets :- like Nine west outlets, Westportal ltd
- Off-Price retailers :- like Burlington Coat
- Traditional departmental stores:- like Zara
- Speciality stores :- like Pep boys
- Super center :- like Target, Kmart
Non-Store based retailing :-
- Direct Retailing :-like Eureka Forbes
- Vending machines :- like Nescafe, pepsi
- Web based retailing :- like Amazon, E-bay
- Tele Shopping :- like Value Vision
- Home Shopping :- like Home shopping Network
- Catalogues :- like Dell computers
