166-416: 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. Online shopping has become
332-496: A bourgeois was a character flaw inherent to the masculine mystique; therefore, the ideology of Italian fascism scornfully defined the bourgeois man as "spiritually castrated". Karl Marx said that the culture of a society is dominated by the mores of the ruling-class , wherein their superimposed value system is abided by each social class (the upper, the middle, the lower) regardless of the socio-economic results it yields to them. In that sense, contemporary societies are bourgeois to
498-436: A broad radius (up to a 160-km). A regional mall can contain at least two department stores or " anchor stores ". One of the biggest malls in the world is the one near Miami , called "Sawgrass Mills Mall": it has 2,370,610 square feet (220,237 m2) of retail selling space, with over 329 retail outlets and name brand discounters. The smaller malls are often called open-air strip centres or mini-marts and are typically attached to
664-491: A class of business owners , merchants and wealthy people, in general, which emerged in the Late Middle Ages , originally as a " middle class " between peasantry and aristocracy . They are traditionally contrasted with the proletariat by their wealth, political power, and education, as well as their access to and control of cultural , social , and financial capital . The bourgeoisie in its original sense
830-844: A common form of second hand resale. Neighbourhood shopping areas and retailers give value to a community by providing various social and community services (like a library ), and a social place to meet. Neighbourhood retailing differs from other types of retailers such as destination retailers because of the difference in offered products and services, location and popularity. Neighbourhood retailers include stores such as; Food shops/marts, dairies , Pharmacies , Dry cleaners , Hairdressers / barbers , Bottle shops , Cafés and take-away shops . Destination retailers include stores such as; Gift shops , Antique shops , Pet groomers, Engravers , Tattoo parlour , Bicycle shops , Herbal dispensary clinics, Art galleries , Office Supplies and framers. The neighbourhood retailers sell essential goods and services to
996-433: A consumerist culture, where a high level of consumption was attainable for a wide variety of ordinary consumers rather than just the elite. In Medieval England and Europe , relatively few permanent shops were to be found; instead, customers walked into the tradesman's workshops where they discussed purchasing options directly with tradesmen. In the more populous cities, a small number of shops were beginning to emerge by
1162-522: A day, and many consumers across the globe have Internet access both at work and at home. The broad pricing strategy is normally established in the company's overall strategic plan. In the case of chain stores, the pricing strategy would be set by head office. Broadly, there are six approaches to pricing strategy mentioned in the marketing literature: operations-oriented, revenue-oriented, customer-oriented, value-based , relationship-oriented , and socially-oriented. When decision-makers have determined
1328-566: A flexible workforce which is available when needed but does not have to be paid when they are not, part-time workers ; as of 2012 70% of retail workers in the United States were part-time. This may result in financial problems for the workers, who while they are required to be available at all times if their work hours are to be maximized, may not have sufficient income to meet their family and other obligations. Retailers can employ different techniques to enhance sales volume and to improve
1494-508: A foothold in an existing market, a prospective retail establishment must overcome the following hurdles : When discussing the impact of technology on shopping and retail, e-commerce is often the first thing that comes to mind for retailers. However, technologies such as big data, artificial intelligence, computer vision and the Internet of Things have used data to transform every part of the shopping experience, from browsing to checkout. It
1660-440: A form of escapism where they are free to indulge fantasy and freedom. Hedonic shoppers are more involved in the shopping experience. Many different shopper profiles can be identified. Retailers develop customised segmentation analyses for each unique outlet. However, it is possible to identify a number of broad shopper profiles. One of the most well-known and widely cited shopper typologies is that developed by Sproles and Kendal in
1826-498: A full service outlet or minimal service outlet, such as no-service in the case of vending machines; self-service with only basic sales assistance or a full service operation as in many boutiques and speciality stores. In addition, the retailer needs to make decisions about sales support such as customer delivery and after sales customer care. Place decisions are primarily concerned with consumer access and may involve location, space utilisation and operating hours. Retailers may consider
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#17327910315531992-401: A grocery store or supermarket. The smaller malls are less likely to include the same features of a large mall such as an indoor concourse, but are beginning to evolve to become enclosed to comply with all weather and customer preferences. Stores are divided into multiple categories of stores which sell a selected set of goods or services. Usually they are tiered by target demographics based on
2158-431: A hip-hop group Migos produced a song Bad and Boujee , featuring an intentional misspelling of the word as "boujee" – a term which has particularly been used by African Americans in reference to African Americans. The term refers to a person of lower or middle class doing pretentious activities or virtue signalling as an affectation of the upper-class. The bourgeoisie emerged as a historical and political phenomenon in
2324-412: A lack of feedback channels for both parties. In addition, because retail enterprises needed to redevelop client relationships for each transaction, marketing costs were high and customer retention was low. All these downsides to transactional marketing gradually pushed the retail industry towards establishing long-term cooperative relationships with customers. Through this lens, enterprises began to focus on
2490-662: A large variety of goods. The modern shopping centre is now different from its antecedents, the stores are commonly in individual buildings or compressed into one large structure (usually called Mall in the USA). The first modern shopping mall in the US was The Country Club Plaza in Kansas City which opened in 1922, from there the first enclosed mall was designed by Victor Gruen and opened in 1956 as Southdale Centre in Edina, Minnesota,
2656-413: A love affair with a pretty widow) come to naught because he is existentially afraid. Yet, George F. Babbitt sublimates his desire for self-respect, and encourages his son to rebel against the conformity that results from bourgeois prosperity, by recommending that he be true to himself: Don't be scared of the family. No, nor all of zenith. Nor of yourself, the way I've been. Many of the satirical films by
2822-559: A major disruptor in the retail industry as consumers can now search for product information and place product orders across different regions. Online retailers deliver their products directly to the consumers' home, offices, or wherever they want. The B2C (business to consumer) process has made it easy for consumers to select any product online from a retailer's website and to have it delivered relatively quickly. Using online shopping methods, consumers do not need to consume energy by physically visiting physical stores. This way they save time and
2988-513: A manicure. The fashion show, which originated in the US in around 1907, became a staple feature event for many department stores and celebrity appearances were also used to great effect. Themed events featured wares from foreign shores, exposing shoppers to the exotic cultures of the Orient and Middle-East. A larger commercial zone can be found in many cities, more formally called a central business district , but more commonly called " downtown " in
3154-467: A misunderstanding which has occurred in other languages as well. The bourgeoisie in France and many French-speaking countries consists of five evolving social layers: petite bourgeoisie , moyenne bourgeoisie , grande bourgeoisie , haute bourgeoisie and ancienne bourgeoisie . The petite bourgeoisie is the equivalent of the modern-day middle class, or refers to "a social class between
3320-512: A mix of food products and consumable household items such as detergents, cleansers, personal hygiene products. Retailers selling consumer durables are sometimes known as hardline retailers – automobiles , appliances , electronics , furniture , sporting goods , lumber , etc., and parts for them. Specialist retailers operate in many industries such as the arts e.g. green grocers, contemporary art galleries , bookstores , handicrafts , musical instruments , gift shops . To achieve and maintain
3486-453: A multiple-vendor space, operating under a covered roof. Typically, the roof was constructed of glass to allow for natural light and to reduce the need for candles or electric lighting. Some of the earliest examples of shopping arcade appeared in Paris, due to its lack of pavement for pedestrians. While the arcades were the province of the bourgeoisie, a new type of retail venture emerged to serve
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#17327910315533652-486: A noted business disruption called the retail apocalypse in recent years which several retail businesses, especially in North America, are sharply reducing their number of stores, or going out of business entirely. The distinction between "strategic" and "managerial" decision-making is commonly used to distinguish "two phases having different goals and based on different conceptual tools. Strategic planning concerns
3818-608: A party leader in 1934, "The economic system of our day is the creation of the Jews." Hitler said to Benito Mussolini that capitalism had "run its course". Hitler also said that the business bourgeoisie "know nothing except their profit. 'Fatherland' is only a word for them." Hitler was personally disgusted with the ruling bourgeois elites of Germany during the period of the Weimar Republic, whom he referred to as "cowardly shits". Because of their ascribed cultural excellence as
3984-483: A permanent retail shop-front. Research from July 2008 suggests that China exhibited a rich history of early retail systems. From as early as 200 BCE, Chinese packaging and branding were used to signal family, place names and product quality, and the use of government imposed product branding was used between 600 and 900 CE. Eckhart and Bengtsson have argued that during the Song dynasty (960–1127), Chinese society developed
4150-461: A place frequented by off-duty soldiers and was a favourite haunt of prostitutes, many of whom rented apartments in the building. In London, one of the first to use display windows in shops was retailer, Francis Place , who experimented with this new retailing method at his tailoring establishment in Charing Cross , where he fitted the shop-front with large plate glass windows. Although this
4316-426: A pleasure. Relatively few permanent shops were to be found outside the most populous cities. Instead customers walked into the tradesman's workshops where they discussed purchasing options directly with tradesmen. Itinerant vendors such as costermongers, hucksters and peddlers operated alongside markets, providing the convenience of home delivery to households, and especially to geographically isolated communities. In
4482-528: A pretentious manner; describing his philistinism in Bonifica antiborghese (1939), Roberto Paravese comments on the: Middle class, middle man, incapable of great virtue or great vice: and there would be nothing wrong with that, if only he would be willing to remain as such; but, when his child-like or feminine tendency to camouflage pushes him to dream of grandeur, honours, and thus riches, which he cannot achieve honestly with his own "second-rate" powers, then
4648-706: A product is placed on the shelves has implications for purchase likelihood as a result of visibility and access. Ambient conditions, such as lighting, temperature and music, are also part of the overall retail environment. It is common for a retail store to play music that relates to their target market. Two different strands of research have investigated shopper behaviour. One is primarily concerned with shopper motivations. The other stream of research seeks to segment shoppers according to common, shared characteristics. To some extent, these streams of research are inter-related, but each stream offers different types of insights into shopper behaviour. Babin et al. carried out some of
4814-463: A psychologically constricted worldview , regarding the rearing of children, contemporary sociologists claim to have identified "progressive" middle-class values, such as respect for non-conformity, self-direction, autonomy , gender equality , and the encouragement of innovation; as in the Victorian Era, the transposition to the US of the bourgeois system of social values has been identified as
4980-435: A range of both qualitative and quantitative factors to evaluate to potential sites under consideration. Macro factors include market characteristics (demographic, economic and socio-cultural), demand, competition and infrastructure (e.g. the availability of power, roads, public transport systems). Micro factors include the size of the site (e.g. availability of parking), access for delivery vehicles. A major retail trend has been
5146-557: A requisite for employment success in the professions. Bourgeois values are dependent on rationalism , which began with the economic sphere and moves into every sphere of life which is formulated by Max Weber. The beginning of rationalism is commonly called the Age of Reason . Much like the Marxist critics of that period, Weber was concerned with the growing ability of large corporations and nations to increase their power and reach throughout
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5312-410: A social class oriented to economic materialism and hedonism , and to upholding the political and economic interests of the capitalist ruling-class . Historically, the medieval French word bourgeois denoted the inhabitants of the bourgs (walled market-towns), the craftsmen , artisans , merchants , and others, who constituted "the bourgeoisie". They were the socio-economic class between
5478-601: A social class, the Italian fascist régime (1922–45) of Prime Minister Benito Mussolini regarded the bourgeoisie as an obstacle to modernism . Nonetheless, the Fascist State ideologically exploited the Italian bourgeoisie and their materialistic, middle-class spirit, for the more efficient cultural manipulation of the upper (aristocratic) and the lower (working) classes of Italy. In 1938, Prime Minister Mussolini gave
5644-579: A social identity famously mocked in Molière 's comedy Le Bourgeois gentilhomme (1670), which satirizes buying the trappings of a noble-birth identity as the means of climbing the social ladder. The 18th century saw a partial rehabilitation of bourgeois values in genres such as the drame bourgeois (bourgeois drama) and " bourgeois tragedy ". Emerging in the 1970s, the shortened term "bougie" became slang , referring to things or attitudes which are middle class, pretentious and suburban . In 2016,
5810-402: A speech wherein he established a clear ideological distinction between capitalism (the social function of the bourgeoisie) and the bourgeoisie (as a social class), whom he dehumanized by reducing them into high-level abstractions: a moral category and a state of mind. Culturally and philosophically, Mussolini isolated the bourgeoisie from Italian society by portraying them as social parasites upon
5976-448: A strictly legal sense, a store that sells the majority of its merchandise directly to consumers, is defined as a retailer rather than a wholesaler. Different jurisdictions set parameters for the ratio of consumer to business sales that define a retail business. Retail markets have existed since ancient times. Archaeological evidence for trade, probably involving barter systems, dates back more than 10,000 years. As civilizations grew, barter
6142-645: A strong appeal to the middle class . The financial collapse of the white collar middle-class of the 1920s figures much in their strong support of Nazism. In the poor country that was the Weimar Republic of the early 1930s, the Nazi Party realised their social policies with food and shelter for the unemployed and the homeless—who were later recruited into the Brownshirt Sturmabteilung (SA – Storm Detachments). Adolf Hitler
6308-489: A suburb of Minneapolis. Malls peaked in America in the 1980s-1990s when many larger malls (more than 37,000 sq m in size) were built, attracting consumers from within a 32 km radius with their luxurious department stores. Different types of malls can be found around the world. Superregional malls are very large malls that contain at least five department stores and 300 shops. This type of mall attracts consumers from
6474-406: A system of localised personal exchanges. However, by the late Middle Ages, consumers turned to markets for the purchase of fresh produce, meat and fish and the periodic fairs where non-perishables and luxury goods could be obtained. Women were responsible for everyday household purchases, but most of their purchasing was of a mundane nature. For the main part, shopping was seen as a chore rather than
6640-432: A total known value of US$ 2.255 trillion have been announced. The largest transactions with involvement of retailers in/from the United States have been: the acquisition of Albertson's Inc. for US$ 17 billion in 2006, the merger between Federated Department Stores Inc with May Department Stores valued at 16.5 bil. USD in 2005 – now Macy's , and the merger between Kmart Holding Corp and Sears Roebuck & Co with
6806-412: A value of US$ 10.9 billion in 2004. Between 1985 and 2018 there have been 46,755 mergers or acquisitions conducted globally in the retail sector (either acquirer or target from the retail industry). These deals cumulate to an overall known value of around US$ 2,561 billion. The three major Retail M&A waves took place in 2000, 2007 and lately in 2017. However the all-time high in terms of number of deals
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6972-455: A wholesale division that purchases blocks of accommodation, hospitality, transport, and sightseeing which are subsequently packaged into a holiday tour for sale to retail travel agents. Some retailers badge their stores as "wholesale outlets" offering "wholesale prices." While this practice may encourage consumers to imagine that they have access to lower prices, while being prepared to trade-off reduced prices for cramped in-store environments, in
7138-468: A wider range of luxury goods and imported goods, including: Indian cotton and calico; silk, tea and porcelain from China, spices from India and South-East Asia and tobacco, sugar, rum and coffee from the New World. The act of shopping came to be seen as a pleasurable pass-time or form of entertainment. By the 17th-century, produce markets gradually gave way to shops and shopping centres; which changed
7304-422: A wider scope of goods and services. The party plan is a method of marketing products by hosting a social event, using the event to display and demonstrate the product or products to those gathered, and then to take orders for the products before the gathering ends. Shopping frenzies are periods of time where a burst of spending occurs, typically near holidays in the United States, with Christmas shopping being
7470-579: A wider variety of products not horizontally related to each other. Home mail delivery systems and modern technology (such as television, telephones, and the Internet), in combination with electronic commerce , allow consumers to shop from home. There are three main types of home shopping: mail or telephone ordering from catalogs; telephone ordering in response to advertisements in print and electronic media (such as periodicals , TV and radio); and online shopping . Online shopping has completely redefined
7636-438: Is cost-plus pricing . This involves adding a markup amount (or percentage) to the retailers' cost. Another common technique is manufacturers suggested list pricing. This simply involves charging the amount suggested by the manufacturer and usually printed on the product by the manufacturer. Retail#Shopper profiles Retail is the sale of goods and services to consumers , in contrast to wholesaling , which
7802-461: Is a comedy-ballet that satirises Monsieur Jourdain, the prototypical nouveau riche man who buys his way up the social-class scale, to realise his aspirations of becoming a gentleman, to which end he studies dancing, fencing, and philosophy, the trappings and accomplishments of a gentleman, to be able to pose as a man of noble birth , someone who, in 17th-century France, was a man to the manor born; Jourdain's self-transformation also requires managing
7968-402: Is a reasonable man of solid character. Yet, in the children of Buddenbrook Jr., the materially comfortable style of life provided by the dedication to solid, middle-class values elicits decadence: The fickle daughter, Toni, lacks and does not seek a purpose in life; son Christian is honestly decadent, and lives the life of a ne'er-do-well; and the businessman son, Thomas, who assumes command of
8134-475: Is a strong relationship between a store's positioning and the socio-economic status of customers. In addition, the retail strategy, including service quality, has a significant and positive association with customer loyalty. A marketing strategy effectively outlines all key aspects of firms' targeted audience, demographics, preferences. In a highly competitive market, the retail strategy sets up long-term sustainability. It focuses on customer relationships, stressing
8300-440: Is an individual period of intense and indulgent shopping involving many purchases, which differs from both normal shopping and compulsive shopping in its scope and purpose. One study reportedly showed that the pleasure centers of the brain were stimulated during a shopping spree similarly to the stimulation experienced during sexual activity. A shopping spree may be "especially problematic for those whose immediate release of tension
8466-632: Is followed by subsequent feelings of guilt, sadness, anger, or despair over what turned out to be an unwanted purchase". Historically, prices were established through a system of barter or negotiation. The first retailer to adopt fixed prices is thought to be the retailers operating out of the Palais-Royal complex in the 18th-century. These retailers adopted a system of high price maintenance in order to cultivate images of luxury. For their upper class clientele, fixed prices spared them from hassle of bartering. The pricing technique used by most retailers
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#17327910315538632-402: Is important for organizations to embrace digital disruption in order to gain a competitive advantage. When an industry experiences digital disruption, it typically signals that consumer needs are shifting. Retailers enhance their analytics process and make better informed decisions thanks to big data, artificial intelligence, computer vision, and the Internet of Things. The use of data by retailers
8798-417: Is intimately linked to the political ideology of liberalism and its existence within cities, recognised as such by their urban charters (e.g., municipal charters , town privileges , German town law ), so there was no bourgeoisie apart from the citizenry of the cities. Rural peasants came under a different legal system. In communist philosophy , the bourgeoisie is the social class that came to own
8964-426: Is labor; and the bourgeois control of the means of coercion suppressed the sociopolitical challenges by the lower classes, and so preserved the economic status quo; workers remained workers, and employers remained employers. In the 19th century, Marx distinguished two types of bourgeois capitalist: In the course of economic relations, the working class and the bourgeoisie continually engage in class struggle , where
9130-417: Is loosely based on the marketing mix , but has been expanded and modified in line with the unique needs of the retail context. A number of scholars have argued for an expanded marketing, mix with the inclusion of two new Ps, namely, Personnel and Presentation since these contribute to the customer's unique retail experience and are the principal basis for retail differentiation. Yet other scholars argue that
9296-493: Is mostly evident in the following aspects, based on the above-mentioned new technologies: Many leading brands choose to target tourists who specifically travel to shop or spend money while on vacation. According to the Global Retail Tourism Market Report 2019–2023, the value of the global shopping tourism market was estimated to be around $ 1.2 trillion in 2018. The report also forecasts that
9462-399: Is sometimes known as the retail servicescape . The store environment consists of many elements such as aromas, the physical environment (furnishings, layout, and functionality), ambient conditions (lighting, air temperature, and music) as well as signs, symbols, and artifacts (e.g. sales promotions, shelf space, sample stations, visual communications). Retail designers pay close attention to
9628-449: 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 very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers . Over
9794-455: Is thought to be opposed to substantive forms of freedom; "bourgeois independence"; "bourgeois personal individuality"; the "bourgeois family"; et cetera, all derived from owning capital and property (see The Communist Manifesto , 1848). In English, the term bourgeoisie is often used to denote the middle classes. In fact, the French term encompasses both the upper and middle economic classes,
9960-407: The haute bourgeoisie (bankers and industrialists) and the petite bourgeoisie ( tradesmen and white-collar workers ). Moreover, by the end of the 19th century, the capitalists (the original bourgeoisie) had ascended to the upper class, while the developments of technology and technical occupations allowed the rise of working-class men and women to the lower strata of the bourgeoisie; yet
10126-886: The Old French borgeis or borjois ('town dweller'), which derived from bourg (' market town '), from the Old Frankish burg ('town'); in other European languages, the etymologic derivations include the Middle English burgeis , the Middle Dutch burgher , the German Bürger , the Modern English burgess , the Spanish burgués , the Portuguese burguês , and
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#173279103155310292-489: The Retail Format (i.e. retail formula) should be included. The modified retail marketing mix that is most commonly cited in textbooks is often called the 6 Ps of retailing (see diagram at right). The primary product-related decisions facing the retailer are the product assortment (what product lines, how many lines and which brands to carry); the type of customer service (high contact through to self-service) and
10458-544: The absolute monarchy of the Bourbon King Louis XVI (r. 1774–1791), his clergy, and his aristocrats in the French Revolution of 1789–1799. Hence, since the 19th century, the term "bourgeoisie" usually is politically and sociologically synonymous with the ruling upper class of a capitalist society. In English, the word "bourgeoisie", as a term referring to French history, refers to
10624-599: The disposable income of the shopper. They can be tiered from cheap to pricey. Some shops sell secondhand goods. Often the public can also sell goods to such shops. In other cases, especially in the case of a nonprofit shop, the public donates goods to these shops, commonly known as thrift stores in the United States, charity shops in the United Kingdom, or op shops in Australia and New Zealand. In give-away shops goods can be taken for free. In antique shops,
10790-552: The forum . Rome had two forums; the Forum Romanum and Trajan's Forum . Trajan's Market at Trajan's forum, built around 100-110CE, was a vast expanse, comprising multiple buildings with tabernae that served as retail shops, situated on four levels. The Roman forum was arguably the earliest example of a permanent retail shopfront. In the Roman world, the central market primarily served the local peasantry. Those who lived on
10956-461: The left nor the right , but preserved "pure" elements from both "camps", stating: "From the camp of bourgeois tradition, it takes national resolve, and from the materialism of the Marxist dogma, living, creative Socialism." Hitler distrusted capitalism for being unreliable due to its egotism , and he preferred a state-directed economy that is subordinated to the interests of the Volk . Hitler told
11122-449: The means of production during modern industrialisation and whose societal concerns are the value of private property and the preservation of capital to ensure the perpetuation of their economic dominance in society. The Modern French word bourgeois ( / ˈ b ʊər ʒ w ɑː / BOORZH -wah or / b ʊər ˈ ʒ w ɑː / boorzh- WAH , French: [buʁʒwa] ) derived from
11288-521: The 100 fastest-growing U.S. retailers based on increases in domestic sales. Since 1951, the U.S. Census Bureau has published the Retail Sales report every month. It is a measure of consumer spending , an important indicator of the US GDP . Retail firms provide data on the dollar value of their retail sales and inventories. A sample of 12,000 firms is included in the final survey and 5,000 in
11454-458: The 11th century when the bourgs of Central and Western Europe developed into cities dedicated to commerce and crafts. This urban expansion was possible thanks to economic concentration due to the appearance of protective self-organization into guilds . Guilds arose when individual businessmen (such as craftsmen, artisans and merchants) conflicted with their rent-seeking feudal landlords who demanded greater rents than previously agreed. In
11620-606: The 13th century. Outside the major cities, most consumable purchases were made through markets or fairs. Market-places appear to have emerged independently outside Europe. The Grand Bazaar in Istanbul is often cited as the world's oldest continuously operating market; its construction began in 1455. The Spanish conquistadors wrote glowingly of markets in the Americas. In the 15th century, the Mexica ( Aztec ) market of Tlatelolco
11786-453: The 18th century, as rising prosperity and social mobility increased the number of people with disposable income for consumption. Important shifts included the marketing of goods for individuals as opposed to items for the household, and the new status of goods as status symbols , related to changes in fashion and desired for aesthetic appeal, as opposed to just their utility. The pottery inventor and entrepreneur , Josiah Wedgewood , pioneered
11952-482: The 18th century, the typical retail store had no counter, display cases, chairs, mirrors, changing rooms, etc. However, the opportunity for the customer to browse merchandise, touch and feel products began to be available, with retail innovations from the late 17th and early 18th centuries. By the late 18th century, grand shopping arcades began to emerge across Europe and in the Antipodes. A shopping arcade refers to
12118-409: The Antipodes in what became known as the "arcade era." Typically, these arcades had a roof constructed of glass to allow for natural light and to reduce the need for candles or electric lighting. Inside the arcade, individual stores were fitted with long glass exterior windows which allowed the emerging middle-classes to window shop and indulge in fantasies, even when they may not have been able to afford
12284-456: The Atlantic to experiment with catalogue sales. In the post-war period, an American architect, Victor Gruen developed a concept for a shopping mall; a planned, self-contained shopping complex complete with an indoor plaza, statues, planting schemes, piped music, and car-parking. Gruen's vision was to create a shopping atmosphere where people felt so comfortable, they would spend more time in
12450-526: The Buddenbrook family fortune, occasionally falters from middle-class solidity by being interested in art and philosophy, the impractical life of the mind , which, to the bourgeoisie, is the epitome of social, moral, and material decadence. Babbitt (1922), by Sinclair Lewis (1885–1951), satirizes the American bourgeois George Follansbee Babbitt, a middle-aged realtor , booster , and joiner in
12616-497: The Marxist use of the term "bourgeois" also describes the consumerist style of life derived from the ownership of capital and real property . Marx acknowledged the bourgeois industriousness that created wealth, but criticised the moral hypocrisy of the bourgeoisie when they ignored the alleged origins of their wealth: the exploitation of the proletariat, the urban and rural workers. Further sense denotations of "bourgeois" describe ideological concepts such as "bourgeois freedom", which
12782-517: The Midwestern city of Zenith, who – despite being unimaginative, self-important, and hopelessly conformist and middle-class – is aware that there must be more to life than money and the consumption of the best things that money can buy. Nevertheless, he fears being excluded from the mainstream of society more than he does living for himself, by being true to himself – his heart-felt flirtations with independence (dabbling in liberal politics and
12948-534: The Mussolini fascist régime transcended ideology to merge the political and financial interests of Prime Minister Benito Mussolini with the political and financial interests of the bourgeoisie, the Catholic social circles who constituted the ruling class of Italy. Philosophically, as a materialist creature, the bourgeois man was stereotyped as irreligious; thus, to establish an existential distinction between
13114-550: The Polish burżuazja , which occasionally is synonymous with the intelligentsia . In the 18th century, before the French Revolution (1789–1799), in the French Ancien Régime , the masculine and feminine terms bourgeois and bourgeoise identified the relatively rich men and women who were members of the urban and rural Third Estate – the common people of the French realm , who violently deposed
13280-459: The US, Britain and Europe from the mid nineteenth century including; Harrod's of London in 1834; Kendall's in Manchester in 1836; Selfridges of London in 1909; Macy's of New York in 1858; Bloomingdale's in 1861; Sak's in 1867; J.C. Penney in 1902; Le Bon Marché of France in 1852 and Galeries Lafayette of France in 1905. The first reliably dated department store to be established,
13446-596: The US. French retailer, Le Bon Marche, is an example of a department store that has survived into current times Originally founded in 1838 as a lace and haberdashery store, it was revamped mid-century and opened as a department store in 1852. Many of the early department stores were more than just a retail emporium; rather they were venues where shoppers could spend their leisure time and be entertained. Some department stores offered reading rooms, art galleries and concerts. Most department stores had tea-rooms or dining rooms and offered treatment areas where ladies could indulge in
13612-687: The United States, or the "high street" in Britain, and souks in Arabic speaking areas. Shopping hubs, or shopping centers , are collections of stores; that is a grouping of several businesses in a compact geographic area. It consists of a collection of retail, entertainment and service stores designed to serve products and services to the surrounding region. Typical examples include shopping malls , town squares , flea markets and bazaars . Traditionally, shopping hubs were called bazaars or marketplaces ; an assortment of stalls lining streets selling
13778-467: The advanced one. The advanced estimated data is based on a subsample from the US CB complete retail and food services sample. Retail is the largest private-sector employer in the United States, supporting 52 million working Americans. In 2011, the grocery market in six countries of Central Europe was worth nearly €107bn, 2.8% more than the previous year when expressed in local currencies. The increase
13944-406: The availability of support services (e.g. credit terms, delivery services, after sales care). These decisions depend on careful analysis of the market, demand, competition as well as the retailer's skills and expertise. Customer service is the "sum of acts and elements that allow consumers to receive what they need or desire from [the] retail establishment." Retailers must decide whether to provide
14110-414: The average man compensates with cunning, schemes, and mischief; he kicks out ethics, and becomes a bourgeois. The bourgeois is the average man who does not accept to remain such, and who, lacking the strength sufficient for the conquest of essential values—those of the spirit—opts for material ones, for appearances. The economic security, financial freedom , and social mobility of the bourgeoisie threatened
14276-462: The biggest reduction sales occurring at the end of the season. Holiday shopping periods are extending their sales further and further with holidays such as Black Friday becoming a month-long event stretching promotions across November . These days shopping doesn't stop once the mall closes, as people have more access to stores and their sales than ever before with the help of the internet and apps. Today many people research their purchases online to find
14442-452: The biggest shopping spending season, starting as early as October and continuing until after Christmas. Some religions regard such spending seasons as being against their faith and dismiss the practice. Many contest the over-commercialization and the response by stores that downplay the shopping season often cited in the War on Christmas . The National Retail Federation (NRF) also highlights
14608-572: The bourgeois mentality by the German intellectual Walter Benjamin (1892–1940) indicated that the shop culture of the petite bourgeoisie established the sitting room as the center of personal and family life; as such, the English bourgeois culture is, he alleges, a sitting-room culture of prestige through conspicuous consumption . The material culture of the bourgeoisie concentrated on mass-produced luxury goods of high quality; between generations,
14774-533: The bourgeois mentality: (i) the shop-window display, and (ii) the sitting room. In English, the term "sitting-room culture" is synonymous for "bourgeois mentality", a " philistine " cultural perspective from the Victorian Era (1837–1901), especially characterized by the repression of emotion and of sexual desire; and by the construction of a regulated social-space where " propriety " is the key personality trait desired in men and women. Nonetheless, from such
14940-411: The bourgeoisie had become the economic ruling class who owned the means of production (capital and land), and who controlled the means of coercion (armed forces and legal system, police forces and prison system). In such a society, the bourgeoisie's ownership of the means of production allowed them to employ and exploit the wage-earning working class (urban and rural), people whose only economic means
15106-440: The broad approach to pricing (i.e., the pricing strategy), they turn their attention to pricing tactics. Tactical pricing decisions are shorter term prices, designed to accomplish specific short-term goals. Pricing tactics that are commonly used in retail include discount pricing, everyday low prices , high-low pricing, loss leaders , product bundling , promotional pricing, and psychological pricing . Two strategies to entice
15272-399: The buyer, money back guarantee and buy one get one free , were devised by 18th-century retail entrepreneur Josiah Wedgwood . Retailers must also plan for customer preferred payment modes – e.g. cash, credit, lay-by, Electronic Funds Transfer at Point-of-Sale (EFTPOS). All payment options require some type of handling and attract costs. Contrary to common misconception , price is not
15438-402: The capitalists exploit the workers, while the workers resist their economic exploitation, which occurs because the worker owns no means of production, and, to earn a living, seeks employment from the bourgeois capitalist; the worker produces goods and services that are property of the employer, who sells them for a price. Besides describing the social class who owns the means of production ,
15604-462: 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
15770-416: The cheapest and best deal with one third of all shopping searches on Google happen between 10:00 pm and 4:00 am. Shoppers are now spending more time consulting different sources before making a final purchasing decision. Shoppers once used an average of five sources for information before making a purchase, but numbers have risen to as high as 12 sources in 2014. Spree shopping, or ‘going on a shopping spree’,
15936-549: The chief executive officer. The profit margins of retailers depend largely on their ability to achieve market competitive transaction costs. The strategic retail analysis typically includes following elements: At the conclusion of the retail analysis, retail marketers should have a clear idea of which groups of customers are to be the target of marketing activities. Not all elements are, however, equal, often with demographics, shopping motivations, and spending directing consumer activities. Retail research studies suggest that there
16102-419: The choice of policies aiming at improving the competitive position of the firm, taking account of challenges and opportunities proposed by the competitive environment. On the other hand, managerial decision-making is focused on the implementation of specific targets." In retailing, the strategic plan is designed to set out the vision and provide guidance for retail decision-makers and provide an outline of how
16268-468: The claims of rule by divine right that the nobles and prelates had autonomously exercised during the feudal order. The English Civil War (1642–1651), the American War of Independence (1775–1783), and French Revolution (1789–1799) were partly motivated by the desire of the bourgeoisie to rid themselves of the feudal and royal encroachments on their personal liberty, commercial prospects, and
16434-539: The consumer's shopping experience. The New Exchange, opened in 1609 by Robert Cecil in the Strand was one such example of a planned shopping centre. Shops started to become important as places for Londoners to meet and socialise and became popular destinations alongside the theatre. Restoration London also saw the growth of luxury buildings as advertisements for social position with speculative architects like Nicholas Barbon and Lionel Cranfield . Much pamphleteering of
16600-418: 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. In some parts of the world, the retail sector is still dominated by small family-run stores, but large retail chains are increasingly dominating the sector, because they can exert considerable buying power and pass on
16766-546: The continual striving for prestige . This being the case, the cultures of the world describe the philistinism of the middle-class personality, produced by the excessively rich life of the bourgeoisie, is examined and analyzed in comedic and dramatic plays, novels, and films (see Authenticity ). The term bourgeoisie has been used as a pejorative and a term of abuse since the 19th century, particularly by intellectuals and artists. Le Bourgeois gentilhomme (The Would-be Gentleman, 1670) by Molière (Jean-Baptiste Poquelin),
16932-425: The cost of traveling. A retailer or a shop is a business that presents a selection of goods and offers to trade or sell them to customers for money or other goods. Shoppers' shopping experiences may vary. They are based on a variety of factors including how the customer is treated, convenience, the type of goods being purchased, and mood. In antiquity, marketplaces and fairs were established to facilitate
17098-425: The current competitive retail market, and are also the future of retail enterprises. Presentation refers to the physical evidence that signals the retail image. Physical evidence may include a diverse range of elements – the store itself including premises, offices, exterior facade and interior layout, websites, delivery vans, warehouses, staff uniforms. The environment in which the retail service encounter occurs
17264-453: The customer experience, such as Add-on, Upsell or Cross-sell; Selling on value; and knowing when to close the sale. Transactional marketing aims to find target consumers, then negotiate, trade, and finally end relationships to complete the transaction. In this one-time transaction process, both parties aim to maximize their own interests. As a result, transactional marketing raises follow-up problems such as poor after-sales service quality and
17430-432: The degree that they practice the mores of the small-business "shop culture" of early modern France; which the writer Émile Zola (1840–1902) naturalistically presented, analyzed, and ridiculed in the twenty-two-novel series (1871–1893) about Les Rougon-Macquart family; the thematic thrust is the necessity for social progress, by subordinating the economic sphere to the social sphere of life. The critical analyses of
17596-467: The development of the bourgs into cities. Contemporarily, the terms "bourgeoisie" and "bourgeois" (noun) identify the "ruling class" in capitalist societies, as a social stratum; while "bourgeois" (adjective / noun modifier) describes the Weltanschauung ( worldview ) of men and women whose way of thinking is socially and culturally determined by their economic materialism and philistinism ,
17762-433: The earlier month. For the first 10 months of 2022, retail sales increased by 15.5% by measuring the exact time of 2021. Among its bordering countries, on retail trade percentage of GDP, Armenia ranks more increased than Turkey, but it is still lower than Georgia. Bourgeoisie The bourgeoisie ( / ˌ b ʊər ʒ w ɑː ˈ z iː / BOOR -zhwah- ZEE , French: [buʁʒwazi] ) are
17928-426: The earliest investigations into shopper motivations and identified two broad motives: utilitarian and hedonic. Utilitarian motivations are task-related and rational. For the shopper with utilitarian motives, purchasing is a work-related task that is to be accomplished in the most efficient and expedient manner. On the other hand, hedonic motives refer to pleasure. The shopper with hedonic motivations views shopping as
18094-481: The early department stores were more than just a retail emporium; rather they were venues where shoppers could spend their leisure time and be entertained. Retail, using mail order, came of age during the mid-19th century. Although catalogue sales had been used since the 15th century, this method of retailing was confined to a few industries such as the sale of books and seeds. However, improvements in transport and postal services led several entrepreneurs on either side of
18260-613: The end of the twentieth century, stores were using labels such as "mega-stores" and "warehouse" stores to reflect their growing size. The upward trend of increasing retail space was not consistent across nations and led in the early 21st century to a 2-fold difference in square footage per capita between the United States and Europe. As the 21st century takes shape, some indications suggest that large retail stores have come under increasing pressure from online sales models and that reductions in store size are evident. Under such competition and other issues such as business debt, there has been
18426-400: The environment, thereby enhancing opportunities for purchasing. The first of these malls opened at Northland Mall near Detroit in 1954. Throughout the twentieth century, a trend towards larger store footprints became discernible. The average size of a U.S. supermarket grew from 31,000 square feet (2,900 m ) square feet in 1991 to 44,000 square feet (4,100 m ) square feet in 2000. By
18592-520: The event, by the end of the Middle Ages ( c. AD 1500 ), under regimes of the early national monarchies of Western Europe, the bourgeoisie acted in self-interest, and politically supported the king or queen against legal and financial disorder caused by the greed of the feudal lords. In the late-16th and early 17th centuries, the bourgeoisies of England and the Netherlands had become
18758-412: The exchange of goods and services. People would shop for goods at a regular market in nearby towns. However, the transient nature of stalls and stall-holders meant the consumers needed to make careful inspection of goods prior to purchase. In ancient Greece , the agora served as a marketplace where merchants kept stalls or shops to sell their goods. Ancient Rome utilized a similar marketplace known as
18924-478: The fascist Italian state and "The People"; as a social class who drained the human potential of Italian society, in general, and of the working class, in particular; as exploiters who victimized the Italian nation with an approach to life characterized by hedonism and materialism . Nevertheless, despite the slogan The Fascist Man Disdains the "Comfortable" Life , which epitomized the anti-bourgeois principle, in its final years of power, for mutual benefit and profit,
19090-455: The financial – thus political – forces that deposed the feudal order; economic power had vanquished military power in the realm of politics. According to the Marxist view of history, during the 17th and 18th centuries, the bourgeoisie were the politically progressive social class who supported the principles of constitutional government and of natural right , against the Law of Privilege and
19256-404: The front of the store, which is known as the decompression zone . In order to maximize the number of selling opportunities, retailers generally want customers to spend more time in a retail store. However, this must be balanced against customer expectations surrounding convenience, access and realistic waiting times. The way that brands are displayed is also part of the overall retail design. Where
19422-556: The great estates were sufficiently attractive for merchants to call directly at their farm-gates, obviating their need to attend local markets. Shopping lists are known to have been used by Romans. One such list was discovered near Hadrian's wall dated back to 75–125 CE and written for a soldier. Archaeological evidence suggests that the British engaged in minimal shopping in the early Middle Ages . Instead, they provided for their basic needs through subsistence farming practices and
19588-449: The growth of worthy local manufacturers. The modern phenomenon of shopping for pleasure is closely linked to the emergence of a middle class in the 17th and 18th-century Europe. As standards of living improved in the 17th century, consumers from a broad range of social backgrounds began to purchase goods that were in excess of basic necessities. An emergent middle class or bourgeoisie stimulated demand for luxury goods and began to purchase
19754-401: The heat. Seasonal shopping now revolves a lot around holiday sales and buying more for less. Stores need to get rid of all of their previous seasonal clothing to make room for the new trends of the upcoming season. The end-of-season sales usually last a few weeks with prices lowering further towards the closing of the sale. During sales items can be discounted from 10% up to as much as 50%, with
19920-507: The high retail prices. Designed to attract the genteel middle class, retailers sold luxury goods at relatively high prices. However, prices were never a deterrent, as these new arcades came to be the place to shop and to be seen. Arcades offered shoppers the promise of an enclosed space away from the chaos of daily street life; a place shoppers could socialise and spend their leisure time. As thousands of glass covered arcades spread across Europe, they became grander and more ornately decorated. By
20086-438: The idea of retail is often associated with the purchase of goods, the term may be applied to service providers that sell to consumers. Retail service providers include retail banking, tourism, insurance, private healthcare, private education, private security firms, legal firms, publishers, public transport, and others. For example, a tourism provider might have a retail division that books travel and accommodation for consumers plus
20252-448: The importance of added value, customer satisfaction and highlights how the store's market positioning appeals to targeted groups of customers. A retail mix is devised for the purpose of coordinating day-to-day tactical decisions. The retail marketing mix typically consists of six broad decision layers including product decisions, place decisions, promotion, price, personnel and presentation (also known as physical evidence). The retail mix
20418-566: The importance of back-to-school shopping for retailers which comes second behind holiday shopping, when buyers often buy clothing and school supplies for their children. In 2017, Americans spent over $ 83 billion on back-to-school and back-to-college shopping, according to the NRF annual survey. Seasonal shopping consists of buying the appropriate clothing for the particular season . In winter people bundle up in warm layers and coats to keep warm, while in summer people wear less clothing to stay cooler in
20584-466: The largest retail market in the world in 2016. In 2016, China became the largest retail market in the world. In the Republic of Armenia, retail trade has been increasing recently. In October 2022, it increased by 23.1% year by year, which was the most considerable rise since April 2021, faster than the 20.7 per cent increase recorded a month earlier. Retail dropped by 1.9% after accumulating 2.1%in
20750-552: The latter countries, this fraction is an increase over 1970, but there are other countries where the sector has declined since 1970, sometimes in absolute terms, where other sectors have replaced its role in the economy. In the United States the sector has declined from 19% of GDP to 14%, though it has risen in absolute terms from $ 4,500 to $ 7,400 per capita per year. In China the sector has grown from 7.3% to 11.5%, and in India even more, from 8.4% to 18.7%. Emarketer predicts China will have
20916-464: The latter part of the 19th century, the bourgeois house contained a home that had been remodeled by conspicuous consumption. Here, Benjamin argues, the goods were bought to display wealth ( discretionary income ), rather than for their practical utility. The bourgeoisie had transposed the wares of the shop window to the sitting room, where the clutter of display signaled bourgeois success (see Culture and Anarchy , 1869). Two spatial constructs manifest
21082-429: The market will grow at a compound annual growth rate (CAGR) of 6.7% from 2019 to 2023. In 2023 Kogan Page published a critically acclaimed book " Leading Travel and Tourism Retail ", which researched in depth the travel retail sector post COVID . Among retailers and retails chains a lot of consolidation has appeared over the last couple of decades. Between 1988 and 2010, worldwide 40,788 mergers and acquisitions with
21248-700: The meaning of the word retail (in English, French, Dutch, German and Spanish) refers to the sale of small quantities of items to consumers (as opposed to wholesale ). Retail refers to the activity of selling goods or services directly to consumers or end-users. Some retailers may sell to business customers, and such sales are termed non-retail activity. In some jurisdictions or regions, legal definitions of retail specify that at least 80 percent of sales activity must be to end-users. Retailing often occurs in retail stores or service establishments, but may also occur through direct selling such as through vending machines , door-to-door sales or electronic channels. Although
21414-441: The mid nineteenth century, promenading in these arcades became a popular pass-time for the emerging middle classes. In Europe, the Palais-Royal, which opened in 1784, became one of the earliest examples of the new style of shopping arcade, frequented by both the aristocracy and the middle classes. It developed a reputation as being a site of sophisticated conversation, revolving around the salons, cafés, and bookshops, but also became
21580-596: The mid-1980s. Sproles and Kendall's consumer typology has been shown to be relatively consistent across time and across cultures. Their typology is based on the consumer's approach to making purchase decisions. Some researchers have adapted Sproles and Kendall's methodology for use in specific countries or cultural groups. Consumer decision styles are important for retailers and marketers because they describe behaviours that are relatively stable over time and for this reason, they are useful for market segmentation. Retail formats (also known as retail formulas ) influence
21746-490: The middle class and the lower class: the lower middle class". Nazism rejected the Marxist concept of proletarian internationalism and class struggle , and supported the "class struggle between nations", and sought to resolve internal class struggle in the nation while it identified Germany as a proletariat nation fighting against plutocratic nations. The Nazi Party had many working-class supporters and members, and
21912-489: The more populous European cities, a small number of shops were beginning to emerge by the 13th century. Specialist retailers such as mercers and haberdashers were known to exist in London, while grocers sold "miscellaneous small wares as well as spices and medicines." However, these shops were primitive. As late as the 16th century, London's shops were described as little more than "rude booths." The Medieval shopper's experience
22078-493: The most exquisite taste, an ocean of rings, watches, chains, bracelets, perfumes, ready-dresses, ribbons, lace, bonnets, and fruits from all the zones of the habitable world". In the second half of the 19th-century, shops transitioned from 'single-function' shops selling one type of good, to the department store where a large variety of goods were sold. As economic growth, fueled by the Industrial Revolution at
22244-476: The most important factor for consumers, when deciding to buy a product. Because patronage at a retail outlet varies, flexibility in scheduling is desirable. Employee scheduling software is sold, which, using known patterns of customer patronage, more or less reliably predicts the need for staffing for various functions at times of the year, day of the month or week, and time of day. Usually needs vary widely. Conforming staff utilization to staffing needs requires
22410-448: The needs of the working poor. John Stuart Mill wrote about the rise of the co-operative retail store, which he witnessed first-hand in the mid-19th century. The modern era of retailing is defined as the period from the industrial revolution to the 21st century. In major cities, the department store emerged in the mid- to late 19th century, and permanently reshaped shopping habits, and redefined concepts of service and luxury. Many of
22576-408: The only variance was the materials with which the goods were manufactured. In the early part of the 19th century, the bourgeois house contained a home that first was stocked and decorated with hand-painted porcelain , machine-printed cotton fabrics, machine-printed wallpaper , and Sheffield steel ( crucible and stainless ). The utility of these things was inherent in their practical functions. By
22742-560: The ownership of property . In the 19th century, the bourgeoisie propounded liberalism , and gained political rights, religious rights, and civil liberties for themselves and the lower social classes; thus the bourgeoisie was a progressive philosophic and political force in Western societies. After the Industrial Revolution (1750–1850), by the mid-19th century the great expansion of the bourgeoisie social class caused its stratification – by business activity and by economic function – into
22908-424: The peasants and the landlords, between the workers and the owners of the means of production , the feudal nobility . As the economic managers of the (raw) materials, the goods, and the services, and thus the capital (money) produced by the feudal economy, the term "bourgeoisie" evolved to also denote the middle class – the businessmen who accumulated, administered, and controlled the capital that made possible
23074-402: The philosophic integrity of Italian fascism, the ideological monolith that was the régime of Prime Minister Benito Mussolini. Any assumption of legitimate political power (government and rule) by the bourgeoisie represented a fascist loss of totalitarian state power for social control through political unity—one people, one nation, and one leader. Sociologically, to the fascist man, to become
23240-451: The private life of his daughter, so that her marriage can also assist his social ascent. Buddenbrooks (1901), by Thomas Mann (1875–1955), chronicles the moral , intellectual, and physical decay of a rich family through its declines, material and spiritual, in the course of four generations, beginning with the patriarch Johann Buddenbrook Sr. and his son, Johann Buddenbrook Jr., who are typically successful German businessmen; each
23406-484: The process from transaction to relationship. While expanding the sales market and attracting new customers is very important for the retail industry, it is also important to establish and maintain long term good relationships with previous customers, hence the name of the underlying concept, "relational marketing". Under this concept, retail enterprises value and attempt to improve relationships with customers, as customer relationships are conducive to maintaining stability in
23572-429: The product and service mix will optimize customer satisfaction. As part of the strategic planning process, it is customary for strategic planners to carry out a detailed environmental scan which seeks to identify trends and opportunities in the competitive environment, market environment, economic environment and statutory-political environment. The retail strategy is normally devised or reviewed every three to five years by
23738-430: The provision of credit, delivery services, advisory services, stylist services and a range of other supporting services. Retail workers are the employees of such stores. Most modern retailers typically make a variety of strategic level decisions including the type of store, the market to be served, the optimal product assortment, customer service , supporting services, and the store's overall market positioning. Once
23904-718: The public can find goods that are older and harder to find. Sometimes people are broke and borrow money from a pawn shop using an item of value as collateral . College students are known to resell books back through college textbook bookstores . Old used items are often distributed through surplus stores . Various types of retail stores that specialize in the selling of goods related to a theme include bookstores , boutiques , candy shops , liquor stores , gift shops , hardware stores , hobby stores , pet stores , pharmacies , sex shops and supermarkets . Other stores such as big-box stores , hypermarkets , convenience stores , department stores, general stores , dollar stores sell
24070-424: The residential area they are located in. There can be many groups of neighbourhood retailers in different areas of a region or city, but destination retailers are often part of shopping malls where the numbers of consumers is higher than that of a neighbourhood retail area. The destination retailers are becoming more prevalent as they can provide a community with more than the essentials, they offer an experience, and
24236-479: The rise of 'shopping' - a proliferation of retail shops selling particular goods and the acceptance of shopping as a cultural activity in its own right. Specific streets and districts became devoted to retail, including the Strand and Piccadilly in London. The rise of window shopping as a recreational activity accompanied the use of glass windows in retail shop-fronts. By the late eighteenth century, grand shopping arcades began to emerge across Britain, Europe and in
24402-567: The savings in the form of lower prices. Many of these large retail chains also produce their own private labels which compete alongside manufacturer brands. Considerable consolidation of retail stores has changed the retail landscape, transferring power away from wholesalers and into the hands of the large retail chains. In Britain and Europe, the retail sale of goods is designated as a service activity . The European Service Directive applies to all retail trade including periodic markets, street traders and peddlers. Retail stores may be classified by
24568-623: The shift to multi-channel retailing. To counter the disruption caused by online retail, many bricks and mortar retailers have entered the online retail space, by setting up online catalogue sales and e-commerce websites. However, many retailers have noticed that consumers behave differently when shopping online. For instance, in terms of choice of online platform , shoppers tend to choose the online site of their preferred retailer initially, but as they gain more experience in online shopping, they become less loyal and more likely to switch to other retail sites. Online stores are usually available 24 hours
24734-515: The social progress was incidental. According to Karl Marx , the bourgeois during the Middle Ages usually was a self-employed businessman – such as a merchant, banker, or entrepreneur – whose economic role in society was being the financial intermediary to the feudal landlord and the peasant who worked the fief , the land of the lord. Yet, by the 18th century, the time of the Industrial Revolution (1750–1850) and of industrial capitalism,
24900-526: The strategic retail plan is in place, retailers devise the retail mix which includes product, price, place, promotion, personnel, and presentation. The word retail comes from the Old French verb retaillier , meaning "to shape by cutting" ( c. 1365 ). It was first recorded as a noun in 1433 with the meaning of "a sale in small quantities" from the Middle French verb retailler meaning "a piece cut off, shred, scrap, paring". At present,
25066-561: The supernatural faith of the Roman Catholic Church and the materialist faith of temporal religion; in The Autarchy of Culture: Intellectuals and Fascism in the 1930s , the priest Giuseppe Marino said that: Christianity is essentially anti-bourgeois. ... A Christian, a true Christian, and thus a Catholic, is the opposite of a bourgeois. Culturally, the bourgeois man may be considered effeminate, infantile, or acting in
25232-465: The time was devoted to justifying conspicuous consumption and private vice for luxury goods for the greater public good. This then scandalous line of thought caused great controversy with the publication of Bernard Mandeville 's influential work Fable of the Bees in 1714, in which he argued that a country's prosperity ultimately lay in the self-interest of the consumer. These trends gathered momentum in
25398-406: The turn of the 19th-century, steadily expanded, the affluent bourgeois middle-class grew in size and wealth. This urbanized social group was the catalyst for the emergence of the retail revolution of the period. The term, "department store" originated in the United States. In 19th century England, these stores were known as emporia or warehouse shops. A number of major department stores opened across
25564-402: The type of product carried. Softline retailers sell goods that are consumed after a single-use , or have a limited life (typically under three years) in they are normally consumed. Soft goods include clothing , other fabrics , footwear , toiletries , cosmetics , medicines and stationery . Grocery stores , including supermarkets and hypermarkets , along with convenience stores carry
25730-444: The use of marketing techniques to influence and manipulate the direction of the prevailing tastes. One of his preferred sales techniques was to stage expansive showcases of wares in this private residences or in a rented hall, to which he invited the upper classes. As the 18th-century progressed, a wide variety of goods and manufactures were steadily made available for the urban middle and upper classes. This growth in consumption led to
25896-888: The way people make their buying decisions; the Internet provides access to a lot of information about a particular product, which can be looked at, evaluated, and comparison-priced at any given time. Online shopping allows the buyer to save the time and expense, which would have been spent traveling to the store or mall. According to technology and research firm Forrester, mobile purchases or mcommerce will account for 49% of ecommerce, or $ 252 billion in sales, by 2020 Convenience stores are common in North America, and are often called "bodegas" in Spanish-speaking communities or " dépanneurs " in French-speaking ones. Sometimes peddlers and ice cream trucks pass through neighborhoods offering goods and services. Also, garage sales are
26062-479: The world. Beyond the intellectual realms of political economy , history, and political science that discuss, describe, and analyze the bourgeoisie as a social class, the colloquial usage of the sociological terms bourgeois and bourgeoise describe the social stereotypes of the old money and of the nouveau riche , who is a politically timid conformist satisfied with a wealthy, consumerist style of life characterized by conspicuous consumption and
26228-412: Was Harding, Howell & Co, which opened in 1796 on Pall Mall , London . This venture was described as being a public retail establishment offering a wide range of consumer goods in different departments. This pioneering shop was closed down in 1820 when the business partnership was dissolved. Department stores were established on a large scale from the 1840s and 50s, in France, the United Kingdom and
26394-467: Was condemned by many, he defended his practice in his memoirs, claiming that he: Retailers designed attractive shop fronts to entice patronage, using bright lights, advertisements and attractively arranged goods. The goods on offer were in a constant state of change, due to the frenetic change in fashions . A foreign visitor commented that London was "a world of gold and silver plate, then pearls and gems shedding their dazzling lustre, home manufactures of
26560-575: Was generated foremost by the discount stores and supermarket segments, and was driven by the skyrocketing prices of foodstuffs. This information is based on the latest PMR report entitled Grocery retail in Central Europe 2012 National accounts show a combined total of retail and wholesale trade, with hotels and restaurants. in 2012 the sector provides over a fifth of GDP in tourist-oriented island economies, as well as in other major countries such as Brazil, Pakistan, Russia, and Spain. In all four of
26726-411: Was impressed by the populist antisemitism and the anti-liberal bourgeois agitation of Karl Lueger , who as the mayor of Vienna during Hitler's time in the city, used a rabble-rousing style of oratory that appealed to the wider masses. When asked whether he supported the "bourgeois right-wing", Hitler claimed that Nazism was not exclusively for any class , and he also indicated that it favored neither
26892-553: Was in 2016 with more than 2,700 deals. In terms of added value 2007 set the record with the US$ 225 billion. Here is a list of the top ten largest deals (ranked by volume) in the Retail Industry: As of 2016, China was the largest retail market in the world. The National Retail Federation and Kantar annually rank the nation's top retailers according to sales. The National Retail Federation also separately ranks
27058-472: Was replaced with retail trade involving coinage. Selling and buying are thought to have emerged in Asia Minor (modern Turkey) in around the 7th-millennium BCE. In ancient Greece , markets operated within the agora , an open space where, on market days, goods were displayed on mats or temporary stalls. In ancient Rome , trade took place in the forum . The Roman forum was arguably the earliest example of
27224-585: Was the largest in all the Americas . By the 17th century, permanent shops with more regular trading hours were beginning to supplant markets and fairs as the main retail outlet. Provincial shopkeepers were active in almost every English market town. As the number of shops grew, they underwent a transformation. The trappings of a modern shop, which had been entirely absent from the 16th- and early 17th-century store, gradually made way for store interiors and shopfronts that are more familiar to modern shoppers. Prior to
27390-423: Was very different from that of the contemporary shopper. Interiors were dark and shoppers had relatively few opportunities to inspect the merchandise prior to consumption. Glazed windows in retail environments, were virtually unknown during the medieval period. Goods were rarely out on display; instead retailers kept the merchandise at the rear of the store and would only bring out items on request. The service counter
27556-615: Was virtually unknown and instead, many stores had openings onto the street from which they served customers. In Britain, medieval attitudes to retailing and shopping were negative. Retailers were no better than hucksters, because they simply resold goods, by buying cheaper and selling dearer, without adding value of national accounts. Added to this were concerns about the self-interest of retailers and some of their more unethical practices. Attitudes to spending on luxury goods also attracted criticism, since it involved importing goods which did little to stimulate national accounts, and interfered with
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