Retail trade 353

The retail sector includes two main types of retailers store and non store retailers.

The distribution sector includes commission agents, wholesalers and retailers who act as enablers of trade.

Retailers have internationalized through franchising, especially in the speciality store segment, where restrictions on commercial establishment were in effect.

A review of the retail sector in the last 20 years has revealed that the rise of e commerce was similar to the emergence of discount retailers many years ago both were focused on price and convenience.

Retail fuel dealers

More than two thirds of the businesses are engaged in trade and 57 of these in the retail trade.

The Euro Retailer Produce Working Group (EUREP) is a European based trade organization for retailers.

Producers are also engaging in direct sales to consumers through on line retailing, bypassing retailers.

Store retail services can be classified according to size, business format, and product mix or specialization.

With 15 million retail outlets, India has the highest retail outlet density in the world.

Wholesale and retail trade

Informal retailers could become the suppliers or the customers of formal retailers, or their franchises.

While the first operates fixed point of sale locations, non store retailers or retailers away from a fixed location reach customers and market merchandise with methods such as broadcasting infomercials , paper and electronic catalogues, door to door solicitation and selling from portable stalls.

Retailers are distributors selling to end consumers.

The top 100 retailers (see table 3) account for 25 per cent of worldwide retailing sales.

Recent monthly figures suggest a pick up in retail sales. But, because the official statistics capture mostly sales by larger retailers and exclude the fall in sales by hundreds of thousands of smaller stores and businesses that have failed, consumption looks better than it really is.

(d) Importation wholesale and retail businesses (foreign country).

Some products enter the market through wholesalers who in turn distribute the products to a variety of retailers, while in other cases the producer sells directly to the retailer.

Despite a broadband penetration rate of only 30 , e tail commanded 5 6 of total retail sales in China in 2012, on par with the US. And the sector is already profitable Chinese e tailers are logging margins of 8 10 of earnings before interest, taxes, and amortization, which is slightly larger than the average margin for physical retailers.

Retailers are able to access and tap different cost structures in different countries and are becoming global.

Retail trade and repair services

Indeed, the Indian government s decision to welcome foreign retailers coincided with French retailer Carrefour s announcement that it will shut down its substantial operations in Singapore by the end of this year. Meanwhile, its British counterpart, Tesco, is shifting away from the large hypermarket format and investing heavily in online systems.

Growing use by retailers of own brands and discount retailing have also been driving prices down significantly.

In particular, online retail sales of physical goods amounted to approximately RMB5.08 trillion, while online retail sales of services amounted to nearly RMB1.49 trillion.

In most countries, the retail sector has typically developed in three stages first, local or regional players dominate, before a smaller number of national companies takes over, with e tailers ultimately challenging traditional businesses. But China lacks national leaders, with the top five Chinese retailers in different product categories commanding less than 20 of the market, compared to up to 60 in the US.

Wholesale and retail trade

Wholesale and retail trade, restaurants and hotels

One is that all the professionals, all the tradesmen, vendors, inspectors, engineers, architects all think like this.

Foreign sales represent a significant share in total sales of the main European retailers.

In the area of retail, the increasing popularity of modern format large shops, for example retail outlets outside city centres, has given rise to concerns about small shops vanishing.

I'd put out feelers to retailers, to auctioneers, and it was coming up empty.

In 2000, 70 per cent of the global top retailers already operated a transactional web site.

Eventually, they themselves become formal retailers.

Monitoring of retailers could also be of value.

From a global perspective, both retailers and e commerce firms are transforming from a single channel to a multi channel retail system that encompasses physical stores, e commerce, mobile terminals and social media.

According to other views, a much smaller market share, as low as 8 per cent, could suffice for a retailer to have market power.

The dominant market position of large retailers has been strengthened through cross border buying alliances among nominally independent retailers.

The services segment of the economy, apart from government services, comprises mostly trade, both wholesale and retail.

The growth in concentration in retailing has also given rise to a number of concerns about anti competitive behaviour of major retailers vis à vis other competitors, and abuses of buyers' power with respect to suppliers of products and consumers.

Developments in distribution services market Developed countries Distribution services in both retail and wholesale sectors have become a highly concentrated activity in developed countries, and they also play a commanding role in the overall organization of production, with large retailing conglomerates dominating markets.

The retailers have kind of quashed this notion though.

They handle products in bulk but do not own them, delivering them to wholesalers, retailers or other individual users.

With regard to food distribution more specifically, the industry is composed of many agents, including supermarkets, quick service restaurants and specialty retailers.

In the case of Colombia, for example in 1995 small retail establishments accounted for approximately 47 per cent of total retail sales, down from more than 75 per cent in 1985.