This document discusses different types of retailers. It describes variety and assortment as measures of breadth and depth of merchandise. It then categorizes retailers as food retailers like supermarkets, supercenters, warehouse clubs, and convenience stores. General merchandise retailers include department stores, discount stores, specialty stores, drugstores, extreme value retailers, and off-price retailers. Non-store retailers comprise electronic retailers, catalog retailers, and vending machine retailers. The document also mentions service retailers and types of retail ownership.
This document discusses different types of retailers. It describes variety and assortment as measures of breadth and depth of merchandise. It then categorizes retailers as food retailers like supermarkets, supercenters, warehouse clubs, and convenience stores. General merchandise retailers include department stores, discount stores, specialty stores, drugstores, extreme value retailers, and off-price retailers. Non-store retailers comprise electronic retailers, catalog retailers, and vending machine retailers. The document also mentions service retailers and types of retail ownership.
This document discusses different types of retailers. It describes variety and assortment as measures of breadth and depth of merchandise. It then categorizes retailers as food retailers like supermarkets, supercenters, warehouse clubs, and convenience stores. General merchandise retailers include department stores, discount stores, specialty stores, drugstores, extreme value retailers, and off-price retailers. Non-store retailers comprise electronic retailers, catalog retailers, and vending machine retailers. The document also mentions service retailers and types of retail ownership.
This document discusses different types of retailers. It describes variety and assortment as measures of breadth and depth of merchandise. It then categorizes retailers as food retailers like supermarkets, supercenters, warehouse clubs, and convenience stores. General merchandise retailers include department stores, discount stores, specialty stores, drugstores, extreme value retailers, and off-price retailers. Non-store retailers comprise electronic retailers, catalog retailers, and vending machine retailers. The document also mentions service retailers and types of retail ownership.
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Retail Management
Chapter 2: Types Of Retailers
•Variety - is the number of merchandise categories a retailer offers. It is often referred as breadth of merchandise carried by retailer.
•Assortment - is the number of
different items in a merchandise category. It is referred to as depth of merchandise.
•SKU or stockkeeping unit - each
different item of merchandise. •Food Retailers • Conventional Supermarket - is a self-service food store offering groceries, meat and produce with limited sales of nonfood items, such as health and beauty aids and general merchandise. • Trends in Supermarket Retailing
- Competition (in terms of distribution,
cost, prices) - Changing Consumption Pattern (time pressure, eating out more, meal solutions) • Supercenters - the fastest growing retail category; are large stores that combine a supermarket with a full-line discount store. •Warehouse Clubs - are retailers that offer a limited and irregular assortment of food and general merchandise with little service at low prices for ultimate consumers and small business. •Convenience Store - provide a limited variety of assortment of merchandise at a convenient location. •Typically receives deliveries everyday. •They can charge higher prices than supermarkets. •General Merchandise Retailers •Department Stores - retailers that carry a broad variety and deep assortment, offer customer services and organize their stores into distinct departments for displaying merchandise. Full-line Discount Stores- retailers that offer a broad variety of merchandise, limited service and low prices. •Offer brands that are less known or fashionable compared with those in department stores. •Specialty Store - concentrates on limited number of complementary merchandise categories and provide a high level of service in relatively small store. Ex. Those only offering cosmetics or perfume. Drugstores - specialty stores concentrating on health and personal grooming merchandise. •Extreme value retailers - are small, full-line discount stores that offer a limited merchandise assortment at very low prices. •Example 99 store •Off-Price Retailers - also known as close-out retailers wherein they offer inconsistent assortment of brand name merchandise at low prices. •Outlet store / Factory outlet Non-Store Retailers •Electronic Retailers - also known as e-tailing, online retailing and internet retailing. They communicate to customers and offer goods and services through internet. •Catalog Retailing – the retail offering is communicated through catalog, whereas direct- mail retailers communicate through letters and brochures. •Vending Machine Retailing – merchandise or services are stored in a machine and dispensed to costumers when they deposit card or credit card. • Service Retailers Firms that primarily sells services rather than merchandise. Examples are airline, banks, education, fast food, insurance, restaurants etc. •Types of Ownership