Term
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Definition
| all the activities involved in selling goods or services directly to final customers for their personal, non business use. |
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Definition
| A business whose sales come primarily from retailing. |
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Definition
| A retail operation that sells standard merchandise at lower prices by accepting lower margins and selling at higher volume. |
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Definition
| A retail store that carries a narrow product line with a deep assortment within that line. (Gamestop, Hockeymonkey etc..) |
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Definition
| a retail store that carries a wide variety of product lines, each operated as separated departments. |
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Term
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Definition
| carries a wide variety of grocery and household products. |
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Term
| General Merchandise store |
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Definition
| a store that sells a broad selection of of merchandise where people can purchase all their general goods. |
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Term
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Definition
| a giant specialty store that carries a deep assortment of a particular line. |
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Definition
| a retailer whose product line is actually a service. (Banks, hotels, airlines etc..) |
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Definition
| a retailer that buys at less than regular wholesale prices and sells at less than retail. |
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Term
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Definition
| an off price retailing operation that is owned by a manufacturer and normally carries the manufacturer's surplus, discontinued or irregular goods. |
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Term
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Definition
| an off price retailer that sells a limited selection of brand name goods for users that pay an annual membership fee. |
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Definition
| two or more outlets that are commonly owned and operated. |
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Definition
| a contractual association between manufacturer, wholesaler, service organization etc who buy the right to own and operate one or more units of the franchise system. |
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Term
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Definition
| a group of retail businesses built on a site that is planned, developed, owned, and managed as a unit. |
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Term
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Definition
| all the activities involved in selling goods and services to those buying for resale or business use. |
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