Retailing in the context of "Travel agency"

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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 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 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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