Presentation on Different types of store retailing

Presented by Md. Asadujjaman RoniID: 120103028

Retail store:

• Retail is the process of selling consumer goods and/or services to customers through multiple channels of distribution to earn a profit.

Variations in different retail:

Three main retail formats are-1. General merchandise retailing2. Food retailing3. Non store retailing

General merchandise retailing

1. Specialty stores2. Specialized markets 3. Department stores4. General merchandise discount stores5. Off price retailers6. Catalog showrooms

Specialty Stores:

Retailers offering a narrow product line and wideAssortment:

Virgin Records (music products)Mango (youth fashion)

Specialized retail:

Markets that house stores specializing in a particular product category

Jade market (Hong Kong)Spice market (Istanbul)

Offer a broad variety of goods and wide assortments

U.S. and Canada: recent substantial losses Europe: expansion of national chains throughout

the European Union Asia: on the decline

Department Stores:

Sell high volumes of merchandise Offer limited service Charge lower prices Types:

All-purpose: offer wide variety of merchandise and limited depthCategory specialists (category killers): carry a narrow variety of merchandise and offer a wide assortment

General Merchandise Discount Stores:

Sell brand name and designer merchandise at below regular retail prices

Overruns, irregular products, previous seasons’ products

Examples:Factory outlet storesClose-out retailers (broad, inconsistent assortments)Single-price retailers (all products for the same price)

Off-Price Retailers

Catalog Showrooms:

Offer high-turnover, brand name goods at discount prices

Food retailing:

1. Convenience stores.2. Conventional supermarkets.3. Super centers and hypermarkets.4. Ware house clubs or wholesale clubs.

Convenience Store: Small residential retailers or retail chains consisting of

small neighborhood stores Open long hours Carry limited lines of higher-turnover necessities One-stop shopping

Conventional Supermarkets:

Self-service retailers with annual sales higher than $2 million and less than 20,000 square feet of store space

Super centers &Hyper markets:

Combination stores (food and drug) Hypermarkets – combine supermarket, discount,

and warehouse retailing

Warehouse Clubs (Wholesale Clubs):

Require members to pay an annual fee Operate in low-overhead, warehouse-type facilities Offer limited lines of brand-name and dealer-brand

merchandise at a substantial discount

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