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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
Thank you