A format is defined as a type of retail mix that is followed or used by a set of retailers that offers some unique benefit that helps in attracting shoppers. It is the mix of variables that retailers use to develop their business strategies and constitute the mix as merchandise assortment, pricing, transactional convenience, preferential approach, channel, experience, and the [...]
List of top six retail organisations:- 1. Departmental Store 2. Multiple Shops/Chain Shops 3. Mail Order Business 4. Consumers' Co-Operative Stores 5. One-Price Shops 6. Super Bazar or Super Market or Combination Store. Retail Organisation # 1. Departmental Store: A departmental store is a large scale retail organisation having a number of departments under the same roof, each confining its [...]
In this article we will discuss about:- 1. Characteristics of Mail Order Business 2. Different Types 3. Suitability of Goods 4. Advantages 5. Disadvantages 6. Popularity. Contents: Characteristics of Mail Order Business Different Types of Mail Order Business Suitability of Goods for Mail Order Business Advantages of Mail Order Business Disadvantages of Mail Order Business Popularity of Mail Order Business [...]