After reading this article you will learn about:- 1. Meaning of Department Store 2. Features of Department Store 3. Advantages 4. Disadvantages. Meaning of Department Store: A department store is a huge retail shop situated at a central place in the city, divided into a number of small shops or departments each dealing with one or two lines of goods [...]
This article throws light upon the top six large-scale retailers. The retailer are: 1. Mail Order Sale 2. Consumer Co-Operative Stores 3. Vending Machine 4. Discount Houses 5. Supermarket 6. One-Price Shop. Retailer # 1. Mail Order Sale: Standardisation, grading, branding and packaging brought about the growth of mail-order sale, i.e., selling or shopping by post-described as 'armchair shopping.' The [...]
This article will help you to differentiate between Consumer Co-Operative Store and Proprietary Retails Shop. Difference # Consumers' Co-Operative Store: 1. Co-operative store is a co-operative organisation and follows principles of co-operation. 2. Co-operative store aims at offering service to the members and the society. It can never indulge in profiteering, black marketing, etc. It offers maximum social benefits. It [...]