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Comparison Goods
In retail economics and geography, comparison goods are products which are usually higher value"How and why is retail changing?" ''''. Retrieved 26 August 2020. and purchased infrequently, such as vehicles, household goods or clothing."Comparison goods" , ''BusinessDictionary''. Retrieved 26 August 2020. Consumers tend to compare products before purchasing them to maximise value and quality. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail
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 pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bitesize
BBC Bitesize, also abbreviated to ''Bitesize'', is the BBC's free online Study skills, study support resource for school-age people in the United Kingdom. It is designed to aid people in both schoolwork and, for older people, exams. History ''GCSE Bitesize'' was launched in January 1998, covering seven subjects. For each subject, a one- or two-hour long TV programme would be broadcast overnight in the BBC Learning Zone block, and supporting material was available in books and on the BBC website. At the time, only around 9% of UK households had access to the internet at home. In 2023, videos from ''Bitesize'' were adapted and dubbed over in Dari and Pashto in order to be broadcast in Afghanistan, where education for girls has been stopped by the Taliban government. The show was called ''Dars (TV show), Dars'', which means "lessons" in both languages. National sections England The Key Stage 1, 2 and 3 along with GCSE section covers a range of subjects. In Key Stage 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fast-moving Consumer Goods
Fast-moving consumer goods (FMCG), also known as consumer packaged goods (CPG) or convenience goods, are products that are sold quickly and at a relatively low cost. Examples include non-durable household goods such as packaged foods, beverages, toiletries, candies, cosmetics, over-the-counter drugs, dry goods, and other consumables. Fast-moving consumer goods have a high inventory turnover and are contrasted with specialty items, which have lower sales and higher carrying charges. Many retailers carry only FMCGs, particularly hypermarkets, big box stores, and warehouse club stores. Small convenience stores also stock fast-moving goods; the limited shelf space is filled with higher-turnover items. Characteristics The following are the main characteristics of FMCGs: * From the consumer perspective ** Frequent purchases ** Low engagement (little or no effort to choose the item) ** Low prices ** Short shelf life ** Rapid consumption * From the marketer perspective ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Business District
A central business district (CBD) is the Commerce, commercial and business center of a city. It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides with the "city centre" or "downtown". However, these concepts are not necessarily synonymous: many cities have a central ''business'' district located away from its traditional city center, and there may be multiple CBDs within a single urban area. The CBD will often be highly accessible and have a large variety and concentration of specialised goods and services compared to other parts of the city. Midtown Manhattan is the world's largest central business district. In the City of London, the largest concentration of economic output in the world is held there, with many headquarters of major financial and law firms being based in the City. In Chicago, the Chicago Loop is the second-largest central business district in the United States. It is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Out-of-town Shopping Centres In The United Kingdom
In the United Kingdom, an out-of-town shopping centre is an enclosed shopping centre located outside of a town centre. The impact of out-of-town shopping centres in the United Kingdom is studied in the context of urban planning, town centre redevelopment, the retail industry and even public health and gender divides. Due to its significance for these issues, it has been included in the school exam curriculum in geography. There are only about sixteen out-of-town enclosed shopping centres (including outlet centres) in the United Kingdom (as opposed to open air retail parks, which do not count as shopping centres in British English, even though they do in American English). Under current policy, no more will be built. All other British shopping centres are in town and city centres. In the 1960s and '70s, most town and city centres had seen the development of a major shopping precinct. Redditch, in Worcestershire, had the Kingfisher Shopping Centre; Birmingham had the Bull Ring Centr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Analytics
Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a Profit (accounting), 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 store, bricks and mortar and Online shopping, online retailing. Digital technologies are also affecting the way that co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shopping (activity)
Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the potential intent to purchase a suitable selection of them. A typology of shopper types has been developed by scholars which identifies one group of shoppers as recreational shoppers, that is, those who enjoy shopping and view it as a leisure activity.Jones, C. and Spang, R., "Sans Culottes, Sans Café, Sans Tabac: Shifting Realms of Luxury and Necessity in Eighteenth-Century France," Chapter 2 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999; Berg, M., "New Commodities, Luxuries and Their Consumers in Nineteenth-Century England," Chapter 3 in ''Consumers and Luxury: Consumer Culture in Europe, 1650-1850'' Berg, M. and Clifford, H., Manchester University Press, 1999 Online shopping has become a major disruptor in the retail industry as consumers can now search for product ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
