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110-717: Rebecca Minkoff is an American fashion brand that was founded by brother and sister Rebecca Minkoff and Uri Minkoff in 2005 in New York City. The brand has retail stores in New York, San Francisco, Los Angeles, Hong Kong, Tokyo, and Korea, and is distributed in over 900 stores worldwide. The Rebecca Minkoff brand carries a range of apparel including handbags , footwear , jewellery and accessories . In 2001 Rebecca Minkoff began working on her own fashion designs. Her first national recognition came when actress Jenna Elfman wore an "I Love New York" T-shirt Minkoff designed on

220-826: A Gaulish substrate, although there is some debate. One of these is considered certain, because this fact is clearly attested in the Gaulish-language epigraphy on the pottery found at la Graufesenque ( A.D. 1st century). There, the Greek word paropsid-es (written in Latin) appears as paraxsid-i . The consonant clusters /ps/ and /pt/ shifted to /xs/ and /xt/, e.g. Lat capsa > *kaxsa > caisse ( ≠ Italian cassa ) or captīvus > *kaxtivus > OF chaitif (mod. chétif ; cf. Irish cacht 'servant'; ≠ Italian cattiv-ità , Portuguese cativo , Spanish cautivo ). This phonetic evolution

330-458: A campaign to highlight their voices along with other key activists and influencers like actress Zosia Mamet and journalist Gretchen Carlson . Rebecca Minkoff has been a life-long member of the Church of Scientology . She was raised both Jewish and in the Church of Scientology . Retail Retail is the sale of goods and services to consumers , in contrast to wholesaling , which

440-433: 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

550-522: 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

660-421: A definitive influence on the development of Old French, which partly explains why the earliest attested Old French documents are older than the earliest attestations in other Romance languages (e.g. Strasbourg Oaths , Sequence of Saint Eulalia ). It is the result of an earlier gap created between Classical Latin and its evolved forms, which slowly reduced and eventually severed the mutual intelligibility between

770-566: 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

880-508: 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

990-440: 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

1100-420: A fraindre, Fors Sarragoce qu'est en une montaigne; Li reis Marsilies la tient, ki Deu nen aimet, Mahomet sert ed Apolin reclaimet: Ne·s poet guarder que mals ne l'i ataignet! ˈt͡ʃarləs li ˈre͜is, ˈnɔstr‿empəˈræðrə ˈmaɲəs ˈsɛt ˈant͡s ˈtot͡s ˈple͜ins ˈað esˈtæθ en esˈpaɲə ˈtræs k‿en la ˈmɛr konˈkist la ˈtɛr alˈta͜iɲə t͡ʃasˈtɛl ni ˈaθ ki dəˈvant ˈly͜i rəˈma͜iɲəθ ˈmyrs nə t͡siˈtæθ n‿i ˈɛst rəˈmæs

1210-498: 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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1320-412: 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

1430-512: 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

1540-453: 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

1650-1242: A new orthography for the latter; among the earliest examples are parts of the Oaths of Strasbourg and the Sequence of Saint Eulalia . Some Gaulish words influenced Vulgar Latin and, through this, other Romance languages. For example, classical Latin equus was uniformly replaced in Vulgar Latin by caballus 'nag, work horse', derived from Gaulish caballos (cf. Welsh ceffyl , Breton kefel ), yielding ModF cheval , Occitan caval ( chaval ), Catalan cavall , Spanish caballo , Portuguese cavalo , Italian cavallo , Romanian cal , and, by extension, English cavalry and chivalry (both via different forms of [Old] French: Old Norman and Francien ). An estimated 200 words of Gaulish etymology survive in Modern French, for example chêne , 'oak tree', and charrue , 'plough'. Within historical phonology and studies of language contact , various phonological changes have been posited as caused by

1760-519: A new project that launched in tandem with the 2018 Women's March , RM Superwomen. RM Superwomen is a social space with a single goal: to encourage women around the world to be brave and courageous. The platform will highlight activists like the Women's March leaders, and will be a place for conversation and events that will hopefully inspire women to lead "fearless" lives. To kick off the new social space, Minkoff has partnered with The Women's March, launching

1870-486: 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

1980-483: 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

2090-706: 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

2200-655: A radical change had the effect of rendering Latin sermons completely unintelligible to the general Romance-speaking public, which prompted officials a few years later, at the Third Council of Tours , to instruct priests to read sermons aloud in the old way, in rusticam romanam linguam or 'plain Roman[ce] speech'. As there was now no unambiguous way to indicate whether a given text was to be read aloud as Latin or Romance, various attempts were made in France to devise

2310-435: 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

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2420-448: 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

2530-432: 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

2640-412: 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

2750-557: A very distinctive identity compared to the other future Romance languages. The first noticeable influence is the substitution of the Latin melodic accent with a Germanic stress and its result was diphthongization , differentiation between long and short vowels, the fall of the unaccented syllable and of the final vowels: Additionally, two phonemes that had long since died out in Vulgar Latin were reintroduced: [h] and [w] (> OF g(u)- , ONF w- cf. Picard w- ): In contrast,

2860-455: 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

2970-505: A ˈfra͜indrə ˈfɔrs saraˈgot͡sə k‿ˈɛst en ˈynə monˈtaɲə li ˈre͜is marˈsiʎəs la ˈti͜ɛnt, ki ˈdɛ͜u nən ˈa͜iməθ mahoˈmɛt ˈsɛrt eð apoˈlin rəˈkla͜iməθ nə‿s ˈpu͜ɛt gwarˈdær kə ˈmals nə l‿i aˈta͜iɲəθ Charles the king, our great emperor, Has been in Spain for seven full years: He has conquered the lofty land up to the sea. No castle remains standing before him; No wall or city is left to destroy Other than Saragossa, which lies atop

3080-475: 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

3190-538: Is attested as a distinct Gallo-Romance variety by the 12th century. Dialects or variants of Old French include: Some modern languages are derived from Old French dialects other than Classical French, which is based on the Île-de-France dialect. They include Angevin , Berrichon , Bourguignon-Morvandiau , Champenois , Franc-Comtois , Gallo, Lorrain, Norman , Picard, Poitevin , Saintongeais , and Walloon. Beginning with Plautus ' time (254–184 b.c. ), one can see phonological changes between Classical Latin and what

3300-490: Is called Vulgar Latin , the common spoken language of the Western Roman Empire . Vulgar Latin differed from Classical Latin in phonology and morphology as well as exhibiting lexical differences; however, they were mutually intelligible until the 7th century when Classical Latin 'died' as a daily spoken language, and had to be learned as a second language (though it was long thought of as the formal version of

3410-609: Is common in its later stages with the shift of the Latin cluster /kt/ in Old French ( Lat factum > fait , ≠ Italian fatto , Portuguese feito , Spanish hecho ; or lactem * > lait , ≠ Italian latte , Portuguese leite , Spanish leche ). This means that both /pt/ and /kt/ must have first merged into /kt/ in the history of Old French, after which this /kt/ shifted to /xt/. In parallel, /ps/ and /ks/ merged into /ks/ before shifting to /xs/, apparently under Gaulish influence. The Celtic Gaulish language

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3520-402: 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

3630-417: 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

3740-493: 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

3850-399: 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

3960-449: 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

4070-542: Is thought to have survived into the 6th century in France, despite considerable cultural Romanization. Coexisting with Latin, Gaulish helped shape the Vulgar Latin dialects that developed into French, with effects including loanwords and calques (including oui , the word for "yes"), sound changes shaped by Gaulish influence, and influences in conjugation and word order. A computational study from 2003 suggests that early gender shifts may have been motivated by

4180-526: The langues d'oïl were contrasted with the langues d'oc , at the time also called "Provençal", adjacent to the Old French area in the southwest, and with the Gallo-Italic group to the southeast. The Franco-Provençal group developed in Upper Burgundy, sharing features with both French and Provençal; it may have begun to diverge from the langue d'oïl as early as the 9th century and

4290-531: The Bibliothèque bleue – that a standardized Classical French spread throughout France alongside the regional dialects. The material and cultural conditions in France and associated territories around the year 1100 triggered what Charles Homer Haskins termed the " Renaissance of the 12th century ", resulting in a profusion of creative works in a variety of genres. Old French gave way to Middle French in

4400-509: The Roman de Fauvel in 1310 and 1314, a satire on abuses in the medieval church, filled with medieval motets , lais , rondeaux and other new secular forms of poetry and music (mostly anonymous, but with several pieces by Philippe de Vitry , who would coin the expression ars nova to distinguish the new musical practice from the music of the immediately preceding age). The best-known poet and composer of ars nova secular music and chansons of

4510-489: 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

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4620-525: The chansons de geste is The Song of Roland (earliest version composed in the late 11th century). Bertrand de Bar-sur-Aube in his Girart de Vienne set out a grouping of the chansons de geste into three cycles : the Geste du roi centering on Charlemagne, the Geste de Garin de Monglane (whose central character was William of Orange ), and the Geste de Doon de Mayence or the "rebel vassal cycle",

4730-521: 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

4840-737: The 12th century were ruled by the Plantagenet kings of England ), Upper Burgundy and the Duchy of Lorraine . The Norman dialect was also spread to England and Ireland , and during the Crusades , Old French was also spoken in the Kingdom of Sicily , and in the Principality of Antioch and the Kingdom of Jerusalem in the Levant . As part of the emerging Gallo-Romance dialect continuum,

4950-606: 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

5060-482: 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

5170-456: 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

5280-817: The Breakthrough Designer Award at the Accessories Council Excellence Awards , announced as a member of the first-ever New York State Council on Women and Girls, and has been an active member of the Council of Fashion Designers of America . Today, the brand has brought their retail store concept to Chicago, and has a store targeting the next-gen shopper on Melrose Avenue in Los Angeles . In 2018 Rebecca Minkoff announced they would no longer be presenting at New York Fashion Week, but instead chose to focus efforts on

5390-596: The Gallo-Romance that prefigures French – after the Reichenau and Kassel glosses (8th and 9th centuries) – are the Oaths of Strasbourg (treaties and charters into which King Charles the Bald entered in 842): Pro Deo amur et pro Christian poblo et nostro commun salvament, d'ist di en avant, in quant Deus savir et podir me dunat, si salvarai eo cist meon fradre Karlo, et in aiudha et in cadhuna cosa ... (For

5500-747: The Italian, Portuguese and Spanish words of Germanic origin borrowed from French or directly from Germanic retain /gw/ ~ /g/ , e.g. Italian, Spanish guerra 'war', alongside /g/ in French guerre ). These examples show a clear consequence of bilingualism, that sometimes even changed the first syllable of the Latin words. One example of a Latin word influencing an OLF loan is framboise 'raspberry', from OF frambeise , from OLF *brāmbesi 'blackberry' (cf. Dutch braambes , braambezie ; akin to German Brombeere , English dial. bramberry ) blended with LL fraga or OF fraie 'strawberry', which explains

5610-522: The Jay Leno show. In 2005 Rebecca Minkoff incorporated the company and co-founded the brand with her brother Uri Minkoff, who had founded a small handful of health-care and technology startups, joined her, and they officially launched Rebecca Minkoff LLC. Since the launch, the Rebecca Minkoff brand has seen been distributed in over 900 stores worldwide and has received several awards, including

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5720-565: The Old French dialects diverged into a number of distinct langues d'oïl , among which Middle French proper was the dialect of the Île-de-France region. During the Early Modern period , French was established as the official language of the Kingdom of France throughout the realm, including the langue d'oc -speaking territories in the south. It was only in the 17th to 18th centuries – with the development especially of popular literature of

5830-497: The Renaissance short story ( conte or nouvelle ). Among the earliest works of rhetoric and logic to appear in Old French were the translations of Rhetorica ad Herennium and Boethius ' De topicis differentiis by John of Antioch in 1282. In northern Italy, authors developed Franco-Italian , a mixed language of Old French and Venetian or Lombard used in literary works in the 13th and 14th centuries. Old French

5940-467: 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

6050-406: 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

6160-440: 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

6270-399: 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

6380-462: 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

6490-549: 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

6600-419: 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

6710-418: 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

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6820-425: 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

6930-453: 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

7040-590: The development of northern French culture in and around Île-de-France , which slowly but firmly asserted its ascendency over the more southerly areas of Aquitaine and Tolosa ( Toulouse ); however, the Capetians ' langue d'oïl , the forerunner of modern standard French, did not begin to become the common speech of all of France until after the French Revolution . In the Late Middle Ages,

7150-492: The duchies of Upper and Lower Lorraine to the east (corresponding to modern north-eastern France and Belgian Wallonia ), but the influence of Old French was much wider, as it was carried to England and the Crusader states as the language of a feudal elite and commerce. The area of Old French in contemporary terms corresponded to the northern parts of the Kingdom of France (including Anjou and Normandy , which in

7260-505: 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. Old French The mid-14th century witnessed the emergence of Middle French , the language of the French Renaissance in the Île-de-France region; this dialect

7370-426: 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

7480-481: 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

7590-613: 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

7700-400: 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

7810-754: The first such text. At the beginning of the 13th century, Jean Bodel , in his Chanson de Saisnes , divided medieval French narrative literature into three subject areas: the Matter of France or Matter of Charlemagne ; the Matter of Rome ( romances in an ancient setting); and the Matter of Britain ( Arthurian romances and Breton lais ). The first of these is the subject area of the chansons de geste ("songs of exploits" or "songs of (heroic) deeds"), epic poems typically composed in ten-syllable assonanced (occasionally rhymed ) laisses . More than one hundred chansons de geste have survived in around three hundred manuscripts. The oldest and most celebrated of

7920-404: 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

8030-757: The gender of the corresponding word in Gaulish. The pronunciation, vocabulary, and syntax of the Vulgar Latin spoken in Roman Gaul in late antiquity were modified by the Old Frankish language , spoken by the Franks who settled in Gaul from the 5th century and conquered the future Old French-speaking area by the 530s. The name français itself is derived from the name of the Franks. The Old Frankish language had

8140-438: 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

8250-448: 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

8360-539: The incipient Middle French period was Guillaume de Machaut . Discussions about the origins of non-religious theater ( théâtre profane )—both drama and farce—in the Middle Ages remain controversial, but the idea of a continuous popular tradition stemming from Latin comedy and tragedy to the 9th century seems unlikely. Most historians place the origin of medieval drama in the church's liturgical dialogues and "tropes". Mystery plays were eventually transferred from

8470-466: 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

8580-552: 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

8690-639: The loss of an intervening consonant. Manuscripts generally do not distinguish hiatus from true diphthongs, but modern scholarly transcription indicates it with a diaeresis , as in Modern French: Presented below is the first laisse of The Song of Roland along with a broad transcription reflecting reconstructed pronunciation c.  1050 . Charles li reis, nostre emperedre magnes, Set anz toz pleins at estét en Espaigne. Tres qu'en la mer conquist la tere altaigne, Chastel n'i at ki devant lui remaignet. Murs ne citét n'i est remés

8800-570: The love of God and for the Christian people, and our common salvation, from this day forward, as God will give me the knowledge and the power, I will defend my brother Karlo with my help in everything ...) The second-oldest document in Old French is the Eulalia sequence , which is important for linguistic reconstruction of Old French pronunciation due to its consistent spelling. The royal House of Capet , founded by Hugh Capet in 987, inaugurated

8910-429: 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

9020-755: 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

9130-406: The mid-14th century, paving the way for early French Renaissance literature of the 15th century. The earliest extant French literary texts date from the ninth century, but very few texts before the 11th century have survived. The first literary works written in Old French were saints' lives . The Canticle of Saint Eulalie , written in the second half of the 9th century, is generally accepted as

9240-596: 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

9350-528: The monastery church to the chapter house or refectory hall and finally to the open air, and the vernacular was substituted for Latin. In the 12th century one finds the earliest extant passages in French appearing as refrains inserted into liturgical dramas in Latin, such as a Saint Nicholas (patron saint of the student clercs) play and a Saint Stephen play. An early French dramatic play is Le Jeu d'Adam ( c.  1150 ) written in octosyllabic rhymed couplets with Latin stage directions (implying that it

9460-555: The most famous characters of which were Renaud de Montauban and Girart de Roussillon . A fourth grouping, not listed by Bertrand, is the Crusade cycle , dealing with the First Crusade and its immediate aftermath. Jean Bodel 's other two categories—the "Matter of Rome" and the "Matter of Britain"—concern the French romance or roman . Around a hundred verse romances survive from the period 1150–1220. From around 1200 on,

9570-476: 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

9680-448: 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

9790-484: 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

9900-429: 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

10010-430: 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

10120-504: The replacement [b] > [f] and in turn the final -se of framboise added to OF fraie to make freise , modern fraise (≠ Wallon frève , Occitan fraga , Romanian fragă , Italian fragola , fravola 'strawberry'). Mildred Pope estimated that perhaps still 15% of the vocabulary of Modern French derives from Germanic sources. This proportion was larger in Old French, because Middle French borrowed heavily from Latin and Italian. The earliest documents said to be written in

10230-567: 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

10340-623: 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

10450-547: The spoken language). Vulgar Latin was the ancestor of the Romance languages , including Old French. By the late 8th century, when the Carolingian Renaissance began, native speakers of Romance idioms continued to use Romance orthoepy rules while speaking and reading Latin. When the most prominent scholar of Western Europe at the time, English deacon Alcuin , was tasked by Charlemagne with improving

10560-404: The standards of Latin writing in France, not being a native Romance speaker himself, he prescribed a pronunciation based on a fairly literal interpretation of Latin spelling. For example, in a radical break from the traditional system, a word such as ⟨viridiarium⟩ ' orchard ' now had to be read aloud precisely as it was spelled rather than */verdʒjær/ (later spelled as OF 'vergier' ). Such

10670-584: 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,

10780-514: The tendency was increasingly to write the romances in prose (many of the earlier verse romances were adapted into prose versions), although new verse romances continued to be written to the end of the 14th century. The most important romance of the 13th century is the Romance of the Rose , which breaks considerably from the conventions of the chivalric adventure story. Medieval French lyric poetry

10890-434: The two. The Old Low Franconian influence is also believed to be responsible for the differences between the langue d'oïl and the langue d'oc (Occitan), being that various parts of Northern France remained bilingual between Latin and Germanic for some time, and these areas correspond precisely to where the first documents in Old French were written. This Germanic language shaped the popular Latin spoken here and gave it

11000-402: 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

11110-412: The verb trobar "to find, to invent"). By the late 13th century, the poetic tradition in France had begun to develop in ways that differed significantly from the troubadour poets, both in content and in the use of certain fixed forms. The new poetic (as well as musical: some of the earliest medieval music has lyrics composed in Old French by the earliest composers known by name) tendencies are apparent in

11220-464: Was a predecessor to Modern French . Other dialects of Old French evolved themselves into modern forms ( Poitevin-Saintongeais , Gallo , Norman , Picard , Walloon , etc.), each with its linguistic features and history. The region where Old French was spoken natively roughly extended to the northern half of the Kingdom of France and its vassals (including parts of the Angevin Empire ), and

11330-414: Was constantly changing and evolving; however, the form in the late 12th century, as attested in a great deal of mostly poetic writings, can be considered standard. The writing system at this time was more phonetic than that used in most subsequent centuries. In particular, all written consonants (including final ones) were pronounced, except for s preceding non- stop consonants and t in et , and final e

11440-575: 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

11550-553: 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

11660-680: Was indebted to the poetic and cultural traditions in Southern France and Provence —including Toulouse and the Aquitaine region—where langue d'oc was spoken ( Occitan language ); in their turn, the Provençal poets were greatly influenced by poetic traditions from the Hispano-Arab world . Lyric poets in Old French are called trouvères – etymologically the same word as the troubadours of Provençal or langue d'oc (from

11770-590: Was pronounced [ ə ] . The phonological system can be summarised as follows: Notes: In Old French, the nasal vowels were not separate phonemes but only allophones of the oral vowels before a nasal consonant. The nasal consonant was fully pronounced; bon was pronounced [bõn] ( ModF [bɔ̃] ). Nasal vowels were present even in open syllables before nasals where Modern French has oral vowels, as in bone [bõnə] ( ModF bonne [bɔn] ). Notes: Notes: In addition to diphthongs, Old French had many instances of hiatus between adjacent vowels because of

11880-472: 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

11990-585: 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

12100-617: Was written by Latin-speaking clerics for a lay public). A large body of fables survive in Old French; these include (mostly anonymous) literature dealing with the recurring trickster character of Reynard the Fox . Marie de France was also active in this genre, producing the Ysopet (Little Aesop ) series of fables in verse. Related to the fable was the more bawdy fabliau , which covered topics such as cuckolding and corrupt clergy. These fabliaux would be an important source for Chaucer and for

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