The A to Z of retail trade: Retail management

Type :

Term papers

Pages :

28 pages

Format :

.doc

Published date :

03/21/2009

Category :

Business & market

Sub category :

Management

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Summary :

Introduction
Beginning of retail trade
1. Early trade
2. Early market
3. First shops
4. Origins of retail chains
5. From family business to retail structure
History of self-service stores
Origin of distance retailing
Types of retail outlet
1. Clothing and accessory store
2. Department store
3. Distance retailing
4. Door-to-door retailing
Types of retail chains
Definition of a party and event retailing
Definition of a single independent non-franchised store
Definition of a street market
Supermarket
1. History
Van-retailing
Definitions of wholesaler, retailer, shipper and a consumer
Future of retail marketing in India
Facts of retail marketing in India
Conclusion

Abstract

When man started to cultivate and harvest the land, he would occasionally find himself with a surplus of goods. Once the needs of his family and local community were met, he would attempt to trade his goods for different goods produced elsewhere.
Thus markets were formed. These early efforts to swap goods developed into more formal gatherings. When a producer who had a surplus could not find another producer with suitable products to swap, he may have allowed others to owe him goods. Thus early credit terms would have been developed. This would have led to symbolic representations of such debts in the form of valuable items (such as gemstones or beads), and eventually money. Over time, producers would have seen value in deliberately over-producing in order to profit from selling these goods. Merchants would also have begun to appear. They would travel from village to village, purchasing these goods and selling them for a profit. Over time, both producers and merchants would regularly take their goods to one selling place in the center of the community. Thus, regular markets appeared. Eventually, markets would become permanent fixtures i.e. shops. These shops along with the logistics required to get the goods to them were, the start of the retail trade.