Retailer in the context of Wine-tasting


Retailer in the context of Wine-tasting

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⭐ Core Definition: Retailer

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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Retailer in the context of Fuel station

A filling station (also known as a gas station [US] or petrol station [UK/AU]) is a facility that sells fuel and engine lubricants for motor vehicles. It serves as a local fuel depot and retailer who receive fuel products from refineries (via regular tank truck resupplies), keep the fuels in (typically underground) storage tanks, and distribute individual product to motorist consumers at a daily varied price.

The most common fuels sold are motor fuels such as gasoline (a.k.a. petrol, often as multiple products according to different octane ratings) and diesel fuel, as well as liquified petroleum gas (LPG, i.e. autogas), compressed natural gas, compressed hydrogen, hydrogen compressed natural gas, liquid hydrogen, kerosene, alcohol fuels (like methanol, ethanol, butanol, and propanol), biofuels (like straight vegetable oil and biodiesel), or other types of alternative fuels. Fuel dispensers are used to pump fuel into the fuel tanks within vehicles, gauge the volume of fuel transferred to the vehicle, and calculate the financial cost the consumer must pay. Besides fuel pumps, another significant device found in filling stations and capable of refueling certain (compressed-air) vehicles is an air compressor. However, these are generally used to inflate car tires.

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Retailer in the context of Tertiary industry

In economics, the tertiary sector (also known as the service sector) is the economic sector which comprises the provision of services as opposed to the manufacture of finished goods. Services (also known as "intangible goods") include attention, advice, access, experience and affective labour.

The tertiary sector involves the provision of services to other businesses as well as to final consumers. Services may involve the transport, distribution and sale of goods from a producer to a consumer, as may happen in wholesaling and retailing, pest control or financial services. The goods may be transformed in the process of providing the service, as happens in the restaurant industry. However, the focus is on people by interacting with them and serving the customers rather than transforming the physical goods. The production of information has been long regarded as a service, but some economists now attribute it to a fourth sector, called the quaternary sector.

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Retailer in the context of Online marketplace

An online marketplace (or online e-commerce marketplace) is a type of e-commerce website where product or service information is provided by multiple third parties. Online marketplaces are the primary type of multichannel ecommerce and can be a way to streamline the production process.

In an online marketplace, consumer transactions are processed by the marketplace operator and then delivered and fulfilled by the participating retailers or wholesalers. These types of websites allow users to register and sell single items to many items for a "post-selling" fee.

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Retailer in the context of Brick and mortar

Brick and mortar (more commonly Bricks and mortar in British English, sometimes B&M in American English) is an organization or business with a physical presence in a building or other structure. The term brick-and-mortar business is often used to refer to a company that possesses or leases retail shops, factory production facilities, or warehouses for its operations. More specifically, in the jargon of e-commerce businesses in the 2000s, brick-and-mortar businesses have a physical presence (e.g., a retail shop in a building) and offer face-to-face customer experiences.

This term is usually used to contrast with a transitory business or an Internet-only presence, such as fully online shops, which have no physical presence for shoppers to visit, talk with staff in person, touch and handle products, or buy from the firm in person. However, such online businesses normally have non-public physical facilities from which they either run business operations (e.g., the company headquarters and back office facilities), and/or warehouses for storing and distributing products.

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Retailer in the context of Keio Corporation

Keio Corporation (Japanese: 京王電鉄株式会社, Hepburn: Keiō Dentetsu Kabushiki-gaisha; 'Keio Electric Railway K.K') is a private railway operator in Tokyo, Japan and the central firm of the Keio Group (京王グループ, Keiō Gurūpu) that is involved in transport, retail, real estate and other industries. The Keio railway network connects western suburbs of Tokyo (Chōfu, Fuchū, Hachiōji, Hino, Inagi, Tama) and Sagamihara in Kanagawa with central Tokyo at Shinjuku Station.

The name 'Keio' (京王) is derived from taking one character each from the places through which the railway runs: Tokyo () and Hachiōji ().

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Retailer in the context of Sales promotion

Sales promotion is one of the elements of the promotional mix. The primary elements in the promotional mix are advertising, personal selling, direct marketing and publicity/public relations. Sales promotion uses both media and non-media marketing communications for a predetermined, limited time to increase consumer demand, stimulate market demand or improve product availability. Examples include contests, coupons, freebies, loss leaders, point of purchase displays, premiums, prizes, product samples, and rebates.

Sales promotions can be directed at either the customer, sales staff, or distribution channel members (such as retailers). Sales promotions targeted at the consumer are called consumer sales promotions. Sales promotions targeted at retailers and wholesale are called trade sales promotions.

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Retailer in the context of Kohl's

Kohl's Corporation (Kohl's is stylized in all caps) is an American department store retail chain. It currently has 1,165 locations, operating stores in every U.S. state except Hawaii. The company was founded by Polish immigrant Maxwell Kohl, who opened a corner grocery store in Milwaukee, Wisconsin, in 1927. It went on to become a successful chain in the local area, and in 1962 the company branched out by opening its first department store. British American Tobacco Company took a controlling interest in the company in 1972 while still managed by the Kohl Family, and in 1979, the corporation was sold to BATUS Inc. A group of investors purchased the company in 1986 from British American Tobacco and took it public in 1992.

Kohl's is headquartered in the Milwaukee suburb of Menomonee Falls, Wisconsin. It became the largest department store chain in the United States in May 2012, surpassing its competitor JCPenney. The company is listed on both the S&P 400 and the Fortune 500. In terms of revenue, the chain was the 23rd-largest retailer in the United States in 2019.

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Retailer in the context of Window dresser

A display window, also a shop window (British English) or store window (American English), is a window in a shop displaying items for sale or otherwise designed to attract customers to the store. Usually, the term refers to larger windows in the front façade of the shop.

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Retailer in the context of Shopping

Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the potential intent to purchase a suitable selection of them. A typology of shopper types has been developed by scholars which identifies one group of shoppers as recreational shoppers, that is, those who enjoy shopping and view it as a leisure activity.

Online shopping has become a major disruptor in the retail industry as consumers can now search for product information and place product orders across different regions. Online retailers deliver their products directly to the consumers' home, offices, or wherever they want. The B2C (business to consumer) process has made it easy for consumers to select any product online from a retailer's website and to have it delivered relatively quickly. Using online shopping methods, consumers do not need to consume energy by physically visiting physical stores. This way they save time and the cost of traveling. A retailer or a shop is a business that presents a selection of goods and offers to trade or sell them to customers for money or other goods.

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Retailer in the context of Shopping search engine

A comparison shopping website, sometimes called a price comparison website, price analysis tool, comparison shopping agent, shopbot, aggregator or comparison shopping engine, is a vertical search engine that shoppers use to filter and compare products based on price, features, reviews and other criteria. Most comparison shopping sites aggregate product listings from many different retailers but do not directly sell products themselves, instead earning money from affiliate marketing agreements. In the United Kingdom, these services made between £780m and £950m in revenue in 2005. Hence, E-commerce accounted for an 18.2 percent share of total business turnover in the United Kingdom in 2012. Online sales already account for 13% of the total UK economy, and its expected to increase to 15% by 2017. There is a huge contribution of comparison shopping websites in the expansion of the current E-commerce industry.

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Retailer in the context of Organic certification

Organic certification is a certification process for producers of organic food and other organic agricultural products. In general, any business directly involved in food production can be certified, including seed suppliers, farmers, food processors, retailers and restaurants. A lesser known counterpart is certification for organic textiles (or organic clothing) that includes certification of textile products made from organically grown fibres.

Requirements vary from country to country (List of countries with organic agriculture regulation), and generally involve a set of production standards for growing, storage, processing, packaging and shipping that include:

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Retailer in the context of Wine tasting

Wine tasting is the sensory examination and evaluation of wine. While the practice of wine tasting is as ancient as its production, a more formalized methodology has slowly become established from the 14th century onward. Modern, professional wine tasters (such as sommeliers or buyers for retailers) use a constantly evolving specialized terminology which is used to describe the range of perceived flavors, aromas and general characteristics of a wine. More informal, recreational tasting may use similar terminology, usually involving a much less analytical process for a more general, personal appreciation.

Results that have surfaced through scientific blind wine tasting suggest the unreliability of wine tasting in both experts and consumers, such as inconsistency in identifying wines based on region and price.

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