Retailing consists of the sale A sale is the pinnacle activity involved in selling products or services in return for money or other compensation. It is an act of completion of a commercial activity of goods or merchandise from a fixed location, such as a department store A department store is a retail establishment which specializes in satisfying a wide range of the consumer's personal and residential durable goods product needs; and at the same time offering the consumer a choice multiple merchandise lines, at variable price points, in all product categories. Department stores usually sell products including, boutique A boutique, from the French word for "shop," is a small shopping outlet, especially one that specializes in elite and fashionable items such as clothing and jewellery or kiosk In the Mediterranean Basin and the Near East, a kiosk is a small, separated garden pavilion open on some or all sides. Kiosks were common in Persia, India, Pakistan, and in the Ottoman Empire from the 13th century onward. Today, there are many kiosks in and around the Topkapı Palace in Istanbul, and they are still a relatively common sight in, or by mail Mail, or post, is a method for transmitting information and tangible objects, wherein written documents, typically enclosed in envelopes and also small packages are delivered to destinations around the world. Anything sent through the postal system is called mail or post, in small or individual lots for direct consumption Consumption is a common concept in economics, and gives rise to derived concepts such as consumer debt. Generally consumption is defined by opposition to production. But the precise definition can vary because different schools of economists define production quite differently. According to some economists, only the final purchase of goods and by the purchaser.[1] Retailing may include subordinated services, such as delivery. Purchasers may be individuals or businesses. In commerce Commerce is a division of trade or production which deals with the exchange of goods and services from producer to final consumer. It comprises the trading of something of economic value such as goods, services, information, or money between two or more entities. Commerce functions as the central mechanism which drives capitalism and certain other, a "retailer" buys goods or products The noun product is defined as a "thing produced by labor or effort" or the "result of an act or a process", and stems from the verb produce, from the Latin prōdūce '(to) lead or bring forth'. Since 1575, the word "product" has referred to anything produced. Since 1695, the word has referred to "thing or things in large quantities from manufacturers Manufacturing is the use of machines, tools and labor to make things for use or sale. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale. Such finished goods may be used for manufacturing or importers The term "import" is derived from the conceptual meaning as to bring in the goods and services into the port of a country. The buyer of such goods and services is refered to an "importer" who is based in the country of import whereas the overseas based seller is refered to as an "exporter". Thus an import is any good, either directly or through a wholesaler Wholesaling, jobbing, or distributing the sale of goods or merchandise to retailers, to industrial, commercial, institutional, or other professional business users, or to other wholesalers and related subordinated services. In general, it is the sale of goods to anyone other than a standard consumer, and then sells smaller quantities to the end-user Economics and commerce define an end-user as the person who uses a product. The end-user or consumer may differ from the person who purchases the product. For instance, a zookeeper, the customer, might purchase elephant food for an end-user: the elephant. Retail establishments are often called shops or stores. Retailers are at the end of the supply chain A supply chain is a system of organizations, people, technology, activities, information and resources involved in moving a product or service from supplier to customer. Supply chain activities transform natural resources, raw materials and components into a finished product that is delivered to the end customer. In sophisticated supply chain. Manufacturing marketers Marketing is the process by which companies advertise products or services to potential customers. ." It is an integrated process through which companies create value for customers and build strong customer relationships in order to capture value from customers in return see the process of retailing as a necessary part of their overall distribution Distribution is one of the four elements of marketing mix. An organization or set of organizations (go-betweens) involved in the process of making a product or service available for use or consumption by a consumer or business user strategy. The term "retailer" is also applied where a service provider services the needs of a large number of individuals, such as a public utility A public utility is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and regulation ranging from local community-based groups to state-wide government monopolies. Common arguments in favor of regulation include, like electric power Electric power is defined as the rate at which electrical energy is transferred by an electric circuit. The SI unit of power is the watt.
Shops may be on residential streets, shopping streets with few or no houses or in a shopping mall A shopping mall or shopping centre is one or more buildings forming a complex of shops representing merchandisers, with interconnecting walkways enabling visitors to easily walk from unit to unit, along with a parking area – a modern, indoor version of the traditional marketplace. Shopping streets may be for pedestrians A pedestrian is a person traveling on foot, whether walking or running. In some communities, those traveling using roller skates, skateboards, and other devices are considered pedestrians, but this was not the case historically only. Sometimes a shopping street has a partial or full roof A roof is the covering on the uppermost part of a building. A roof protects the building and its contents from the effects of weather. Structures that require roofs range from a letter box to a cathedral or stadium, dwellings being the most numerous to protect customers from precipitation In meteorology, precipitation is any product of the condensation of atmospheric water vapor that is pulled down by gravity and deposited on the Earth's surface. The main forms of precipitation include rain, snow, ice pellets, and graupel. It occurs when the atmosphere, a large gaseous solution, becomes saturated with water vapour and the water. Online retailing, a type of electronic commerce Electronic commerce, commonly known as e-commerce or eCommerce, consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. The amount of trade conducted electronically has grown extraordinarily with widespread Internet usage. The use of commerce is conducted in this way, used for business-to-consumer An example of a B2C transaction would be a person buying a pair of shoes from a retailer. The transactions that led to the shoes being available for purchase, that is the purchase of the leather, laces, rubber, etc. as well as the sale of the shoe from the shoemaker to the retailer would be considered transactions (B2C) transactions and mail order Mail order is a term which describes the buying of goods or services by mail delivery. The buyer places an order for the desired products with the merchant through some remote method such as through a telephone call or web site. Then, the products are delivered to the customer. The products are typically delivered directly to an address supplied, are forms of non-shop retailing.
Shopping Shopping is the examining of goods or services from retailers with the intent to purchase at that time. Shopping is an activity of selection and/or purchase. In some contexts it is considered a leisure activity as well as an economic one generally refers to the act of buying Trade is the voluntary exchange of goods, services, or both. Trade is also called commerce or transaction. A mechanism that allows trade is called a market. The original form of trade was barter, the direct exchange of goods and services. Later one side of the barter were the metals, precious metals , bill, paper money. Modern traders instead products. Sometimes this is done to obtain necessities such as food and clothing; sometimes it is done as a recreational Recreation or fun is the expenditure of time in a manner designed for therapeutic refreshment of one's body or mind. While leisure is more likely a form of entertainment or sleep, recreation is active for the participant but in a refreshing and diverting manner. As people in the world's wealthier regions lead increasingly sedentary lifestyles, the activity. Recreational shopping often involves window shopping (just looking, not buying) and browsing and does not always result in a purchase.
Contents |
Wall Street Journal
new york (Dow Jones)--News from H&R Block Inc. (HRB) Wednesday cast a shadow on the already-struggling retail ...
H&R Block Announces Tax Season Results Through Feb. 15 CNNMoney.com (press release)
all 37 news articles »
Azeglio Calabresi
Wed, 24 Feb 2010 17:45:00 GM
Retail. Sales. The year-to-year increase was more impressive. January . retail. sales jumped 4.7%, compared to the same month in 2009. Consumer spending accounts for two-thirds of U.S. economic activity, and related reports such as . retail. ...
