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refers to the variety of product lines that a store offers. It is also known as product assortment width, merchandise breadth, and product line width.: (3) depth or number of product varieties within a product line the number of each item or particular styles carried by a store (4) consistency how products relate to each other in a retail ...
Assortment strategies are used by retailers in brick-and-mortar and ecommerce to decide on a daily basis how to allocate inventory to their stores as part of their merchandise planning processes. Such strategies are integral for retailers because they directly affect how their customers interact with their merchandise, and therefore, their brand.
The retail format (also known as the retail formula) influences the consumer's store choice and addresses the consumer's expectations.At its most basic level, a retail format is a simple marketplace, that is; a location where goods and services are exchanged.
This glossary of biology terms is a list of definitions of fundamental terms and concepts used in biology, the study of life and of living organisms.It is intended as introductory material for novices; for more specific and technical definitions from sub-disciplines and related fields, see Glossary of cell biology, Glossary of genetics, Glossary of evolutionary biology, Glossary of ecology ...
A warehouse club (or wholesale club) is a retail store, usually selling a wide variety of merchandise, in which customers may buy large, wholesale quantities of the store's products, which makes these clubs attractive to both bargain hunters and small business owners.
Distribution (or place) is one of the four elements of the marketing mix: the other three elements being product, pricing, and promotion. Decisions about distribution need to be taken in line with a company's overall strategic vision and mission. Developing a coherent distribution plan is a central component of strategic planning. At the ...
[3] Once typically found in power centers , increasingly they are found in or adjacent to (as an outbuilding of) repurposed traditional malls. Large category killer stores are mostly in mid- and large-sized cities, because a large population is required to be feasible.
The products being displayed often change over time. Stores regularly adjust merchandise according to season, sales target, consumption pattern and many other factors to maximize impact. [6] A common type of product used in cross merchandising is complementary goods, which are products that are consumed in conjunction with one another ...