Retailing in the context of LED screen


Retailing in the context of LED screen

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⭐ Core Definition: Retailing

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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Retailing in the context of Product (business)

In marketing, a product is an object, or system, or service made available for consumer use as of the consumer demand; it is anything that can be offered to a domestic or an international market to satisfy the desire or need of a customer. In retailing, products are often referred to as merchandise, and in manufacturing, products are bought as raw materials and then sold as finished goods. A service is also regarded as a type of product.

In project management, products are the formal definition of the project deliverables that make up or contribute to delivering the objectives of the project.

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Retailing in the context of Main Street

Main Street is a metonym used to denote a primary retail street of a village, town or small city in many parts of the world. It is usually a focal point for shops and retailers in the central business district, and is most often used in reference to retailing, socializing, and the place to go to find "common" concerns.

The term is commonly used in Ireland, Scotland, the United States, and Canada, and less often in Australia and New Zealand. In the non-Scottish regions of the United Kingdom, the common description is High Street, though "Fore Street" or "Front Street" is commonplace in some parts. In Jamaica the term is Front Street. In the 1950s awareness about the 'main street' as a concept of its own importance emerged in the urban studies field, attaining the attention in the theoretical discussions of postmodern urban design, neo-traditional planning and meta-urbanism.

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Retailing in the context of Aisle

An aisle is a linear space for walking with rows of non-walking spaces on both sides. Aisles with seating on both sides can be seen in airplanes, in buildings such as churches, cathedrals, synagogues, meeting halls, parliaments, courtrooms, theatres, and in long passenger vehicles. An aisle floor may be level or, as in theatres, sloping upward from a stage.

Aisles also cross through shops, where they have shelving on either side; warehouses, flanked by storage pallets; and factories, where they separate different work areas. In health clubs, exercise equipment is normally arranged along aisles.

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Retailing in the context of Online shopping

Online shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser or a mobile app. Consumers find a product of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine, which displays the same product's availability and pricing at different e-retailers. As of 2020, customers can shop online using a range of different computers and devices, including desktop computers, laptops, tablet computers and smartphones.

Online stores that evoke the physical analogy of buying products or services at a regular "brick-and-mortar" retailer or shopping center follow a process called business-to-consumer (B2C) online shopping. When an online store is set up to enable businesses to buy from another business, the process is instead called business-to-business (B2B) online shopping. A typical online store enables the customer to browse the firm's range of products and services, view photos or images of the products, along with information about the product specifications, features and prices. Unlike physical stores which may close at night, online shopping portals are always available to customers.

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Retailing in the context of Shelf (storage)

A shelf (pl.: shelves) is a flat, horizontal or sloping plane used for items that are displayed or stored in a home, business, store, or elsewhere. It is raised off the floor and often anchored to a wall, supported on its shorter length sides by brackets, or otherwise anchored to cabinetry by brackets, dowels, screws, or nails. It can also be held up by columns or pillars. A shelf is also known as a counter, ledge, mantel, or rack. Tables designed to be placed against a wall, possibly mounted, are known as console tables, and are similar to individual shelves.

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Retailing in the context of Oxford, Swindon & Gloucester Co-operative Society

The Midcounties Co-operative Limited is a consumer co-operative in the United Kingdom with over 758,000 members. Registered in England under the Co-operative and Community Benefit Societies Act 2014, it is a member of Co-operatives UK and Federal Retail Trading Services.

The Society's principal activity is retailing in parts of the West Midlands, South West, and South East regions, however some of its businesses do trade nationally. Its trading groups are Food, Travel, Phone Co-op, Post Office, Early Years and Flexible Benefits. The Society is also active in recruiting electricity and gas customers through its Co-op Energy brand, and in community-owned energy generation, both in partnership with Octopus Energy.

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Retailing in the context of Pike Place Market

Pike Place Market is a public market in Seattle, Washington, United States. It opened on August 17, 1907, and is one of the older continuously operated public farmers' markets in the United States. Overlooking the Elliott Bay waterfront on Puget Sound, it serves as a place of business for many small farmers, craftspeople and merchants. It is named for its central street, Pike Place, which runs northwest from Pike Street to Virginia Street on the western edge of Downtown Seattle. Pike Place Market is Seattle's most popular tourist destination, with more than 20 million annual visitors.

The Market is built on the edge of a steep hill and consists of several lower levels located below the main level. Each features a variety of unique shops such as antique dealers, comic book and collectible shops, small family-owned restaurants, and one of the oldest head shops in Seattle. The upper street level contains fishmongers, fresh produce stands and craft stalls operating in the covered arcades. Local farmers and craftspeople sell year-round in the arcades from tables they rent from the Market on a daily basis, in accordance with the Market's mission and founding goal: allowing consumers to "Meet the Producer".

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Retailing in the context of Schedule (workplace)

A schedule, often called a rota or a roster, is a list of employees, and associated information e.g. location, department, working times, responsibilities for a given time period e.g. week, month or sports season.

A schedule is necessary for the day-to-day operation of many businesses e.g. retail store, manufacturing facility and some offices. The process of creating a schedule is called scheduling. An effective workplace schedule balances the needs of stakeholders such as management, employees and customers.

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Retailing in the context of Travel agency

A travel agency is a private retailer or public service that provides travel and tourism-related services to the general public on behalf of accommodation or travel suppliers to offer different kinds of travel packages for each destination.

Travel agencies can provide outdoor recreation, arranging logistics for luggage and medical items delivery for travellers upon request, public transport timetables, car rentals, and bureau de change services. Travel agencies can also serve as general sales agents for airlines that do not have offices in a specific region. A travel agency's main function is to act as an agent, selling travel products and services on behalf of a supplier. They are also called Travel Advisors. They do not keep inventory in-hand unless they have pre-booked hotel rooms or cabins on a cruise ship for a group travel event, such as a wedding, honeymoon, or other group event.

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Retailing in the context of Queue area

Queue areas are places in which people queue (first-come, first-served) for goods or services. Such a group of people is known as a queue (British usage) or line (American usage), and the people are said to be waiting or standing in a queue or in line, respectively. Occasionally, both the British and American terms are combined to form the term "queue line".

Examples include checking out groceries or other goods with a cashier, at a self service shop, at an ATM, at a ticket desk, a city bus, or in a taxi stand.

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Retailing in the context of Market square

A market square (also known as a market place) is an urban square meant for trading, in which a market is held. It is an important feature of many towns and cities around the world. A market square is an open area where market stalls are traditionally set out for trading, commonly on one particular day of the week known as market day.

A typical English market square consists of a square or rectangular area, or sometimes just a widening of the main street. It is usually in the centre of the town, surrounded by major buildings such as the parish church, town hall, important shops and hotels, and the post office, together with smaller shops and business premises. There is sometimes a permanent covered market building or a cloth hall, and the entire area is a traditional meeting place for local people as well as a centre for trade.

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Retailing in the context of LED displays

An LED display is a flat panel display that uses an array of light-emitting diodes (LEDs) as pixels for a video display. Their brightness allows them to be used outdoors where they are visible in the sun for store signs and billboards. In recent years, they have also become commonly used in destination signs on public transport vehicles, as well as variable-message signs on highways. LED displays are capable of providing general illumination in addition to visual display, as when used for stage lighting or other decorative (as opposed to informational) purposes. LED displays can offer higher contrast ratios than a projector and are thus an alternative to traditional projection screens, and they can be used for large, uninterrupted (without a visible grid arising from the bezels of individual displays) video walls. microLED displays are LED displays with smaller LEDs, which poses significant development challenges.

Their use in cinemas to replace projectors and projection screens has been explored.

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Retailing in the context of Comic shop

The direct market is the dominant distribution and retail network for American comic books. The concept of the direct market was created in the 1970s by Phil Seuling. The network currently consists of:

The name is no longer a fully accurate description of the model by which it operates, but derives from its original implementation: retailers bypassing existing distributors to make "direct" purchases from publishers. The defining characteristic of the direct market however is non-returnability: unlike book store and news stand distribution, which operate on a sale-or-return model, direct market distribution prohibits distributors and retailers from returning their unsold merchandise for refunds. In exchange for more favorable ordering terms, retailers and distributors must gamble that they can accurately predict their customers' demand for products. Each month's surplus inventory, meanwhile, could be archived and sold later, driving the development of an organized market for "back issues."

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Retailing in the context of Saint Honore Cake Shop

Saint Honore Cake Shop (Chinese: 聖安娜餅屋; Jyutping: sing3 on1 naa4 beng2 uk1) is one of the largest bakery and cake chain stores in Hong Kong. By 2009, it had over 80 outlets in Hong Kong. It is parented by Convenience Retail Asia Limited, the retailing flagship of Li & Fung.

The chain of stores is named in honour of Saint Honoratus of Amiens (Honoré in French), the patron saint of bakers.

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Retailing in the context of Unit load

The term unit load refers to the size of an assemblage into which a number of individual items are combined for ease of storage and handling, for example a pallet load represents a unit load which can be moved easily with a pallet jack or forklift truck, or a container load represents a unit for shipping purposes. A unit load can be packed tightly into a warehouse rack, intermodal container, truck or boxcars, yet can be easily broken apart at a distribution point, usually a distribution center, wholesaler, or retail store for sale to consumers or for use.

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Retailing in the context of Retailers' cooperative

A retailers' cooperative is a type of cooperative which employs economies of scale on behalf of its retailer members. Retailers' cooperatives use their purchasing power to acquire discounts from manufacturers and often share marketing expenses. A retailers' cooperative is essentially a group of independently owned businesses that pool their resources to purchase in bulk, usually by establishing a central buying organization, and engage in joint promotion efforts. It is common for locally owned grocery stores, hardware stores, and pharmacies to participate in retailers' cooperatives.

Both consumers' cooperatives and workers' cooperatives should be distinguished from a retailers' cooperative.

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Retailing in the context of General store

A general merchant store (also known as general merchandise store, general dealer, village shop, or country store) is a rural or small-town store that carries a general line of merchandise. It carries a broad selection of goods, sometimes in a small space, where people from the town and surrounding rural areas come to purchase all their general provisions. The store carries routine stock and obtains special orders from warehouses. It differs from a convenience store or corner shop in that it will be the main shop for the community rather than a convenient supplement.

General stores often sell staple food items such as milk and bread, and various household goods such as hardware and electrical supplies. The concept of the general store is very old, and although some still exist, there are far fewer than there once were, due to urbanization, urban sprawl, and the relatively recent phenomenon of big-box stores. The term "general merchandise store" is also used to describe a hybrid of a department store, with a wide selection of goods, and a discount store, with low prices. Examples include J. C. Penney and Sears.

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