Digital age in the context of "Retail"

⭐ In the context of Retail, the Digital age is considered…

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⭐ Core Definition: Digital age

The Information Age is a historical period that began in the mid-20th century. It is characterized by a rapid shift from traditional industries, as established during the Industrial Revolution, to an economy centered on information technology. The onset of the Information Age has been linked to the development of the transistor in 1947. This technological advance has had a significant impact on the way information is processed and transmitted.

According to the United Nations Public Administration Network, the Information Age was formed by capitalizing on computer miniaturization advances, which led to modernized information systems and internet communications as the driving force of social evolution.

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👉 Digital age in the context of Retail

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 supply chain from producers to consumers.

Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision of credit, delivery services, advisory services, stylist services and a range of other supporting services. Retail workers are the employees of such stores.

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Digital age in the context of Official languages of the United Nations

There are six official languages used in United Nations (UN) meetings and in which the UN writes and publishes all its official documents. In 1946, five languages were chosen as official languages of the UN: English, French, Russian, Spanish, and Chinese. In 1973, Arabic was voted to be an additional official language. As of 2025, the official languages of the United Nations are:

According to the UN Charter each of these six languages is equally authoritative although English and French have traditionally received preferential status and are the only two official and working languages of the UN Secretariat. It is an unspoken rule that the UN Secretary General and other high ranking United Nations officials must be fluent (at least C1 – Advanced fluency level according to the Common European Framework of Reference for Languages / CEFRL) in at least English and French. The UN has struggled to provide parity of all 6 languages as the English language has become the dominant world language in the digital age.

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LINKED FROM (PARENTS)
← Official languages of the United Nations ← Retail ← Retailer ← Retailing ← United Nations languages ← Retail sales
LINKS TO (CHILDREN)
History by period → Industrial Revolution → Information technology → Transistor → United Nations Public Administration Network → Miniaturization → Modernization theory → Information system → Internet → Sociocultural evolution →