Types of Retailers
Automated retail technology has come a long way since the world’s very first self-service vending operation. In the first century C.E., Greek inventor, Heron Alexandrinus, developed the precursor technology to facilitate the sale of holy water.
A department store is a retail establishment offering a wide range of consumer goods in different product categories known as "departments". 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 of service and luxury.
Direct marketing is a form of advertising in which companies provide physical marketing materials to consumers to communicate information about a product or service. Direct marketing does not involve advertisements placed on the internet, on television or over the radio.
In short, direct selling moves the selling floor to the consumer, rather than making the consumer come to a particular location to buy. Definition of Retailing Retail, on the other hand, takes place in a particular location.
A discount store or discount shop is a retail shop which sells products at prices that are lower than the typical market price. A "full-line discount store/shop" or "mass merchandiser", such as Aldi or Lidl, may offer a wide assortment of goods with a focus on price rather than service, display or wide choice within lines.
E-tailing helps traditional brick-and-mortar stores reach more consumers worldwide and increase sales. Individual and startup e-tailers may be launched from a single room with one computer and expand rapidly rather than pay for an entire building with expensive overhead.
Electronic retailing (e-tailing) is a buzzword for any business-to-consumer (B2C) transactions that take place over the Internet. Simply put, e-tailing is the sale of goods online. Companies like Amazon and Dell created the online retail industry by putting the entire customer experience - from browsing products to placing orders to paying for purchases - on the Internet.
Department Stores – the oldest, and often largest, place for consumers to shop for a variety of products under one roof. Target and Macy’s are examples. Target and Macy’s are examples. Big Box Store – major retailers that specialize in one type of product, such as electronics. Best Buy and Bed Bath and Beyond are examples.
Definition of mom and pop store: A small, independent, usually family-owned, controlled, and operated business that has a minimum amount of employees, has only a small amount of business volume, and is typically not franchised, ...
Consumer outlets such as candle stores or photo shops that offer unique, often individualized products or a large amount of products within a particular grouping of consumer goods are considered to be specialty store s.
Supermarket, large retail store operated on a self-service basis, selling groceries, fresh produce, meat, bakery and dairy products, and sometimes an assortment of nonfood goods. Supermarkets gained acceptance in the United States during the 1930s.
Retail distribution also includes home sales such as Avon Products and TV retailers like QVC. The retail industry also sells services, including restaurants, hotels, and hairdressers. The most critical time in retail sales is the holiday shopping season. It accounts for almost 20 percent of annual sales for many retailers.
A warehouse store or warehouse supermarket is a food and grocery retailer that operates stores geared toward offering deeper discounted prices than a traditional supermarket. These stores offer a no-frills experience and warehouse shelving stocked well with merchandise intended to move at higher volumes.