What is the retailer type that concentrates on a limited number of complementary merchandise categories and provide a high level of service?

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What is the retailer type that concentrates on a limited number of complementary merchandise categories and provide a high level of service?

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retailing the set of business activities that add value to products sold to consumers for their personal or family use; includes products bought at stores, through catalogs, and over the internet, as well as services like fast food restaurants, airlines, and hotels
multichannel strategy selling in more than one channel (e.g., stores, internet, catalog)
distribution intensity the number of supply chain members to use at each level of the supply chain
intensive distribution a strategy designed to get products into as many outlets as possible
exclusive distribution strategy in which only selected retailers can sell a manufacturers brand
selective distribution lies between the intensive and exclusive distribution strategies; uses a few selected customers in a territory
conventional supermarket type of retailer that offers groceries, meat, and produce with limited sales of nonfood items, such as health and beauty aids and general merchandise, in a self-service format
stock keeping units (SKUs) individual items within each product category; the smallest unit available for inventory control
limited assortment supermarket retailers that offer only one or two brands or sizes of most products (usually including a store brand) and attempt to achieve great efficiency to lower costs and prices
supercenters large stores combining full-time discount stores with supermarkets in one place
warehouse clubs large retailers with an irregular assortment, low service levels, and low prices that often require membership for shoppers
convenience stores type of retailer that provides a limited number of items at a convenient location in a small store with speedy check-out
department stores a retailers that carries many different types of merchandise (broad variety) and lots of items within each type (deep assortment); offers some customer service; and is organized into separate department to display its merchandise
full-line discount stores retailers that offer low prices, limited service, and a broad variety of merchandise
specialty stores a type of retailer that concentrates on a limited number of complementary merchandise categories in a relatively small store
drugstores a specialty store that concentrates on health and personal grooming merchandise, though pharmaceuticals may represent more than 60 percent of its sales
category specialists a retailer that offers a narrow variety but a deep assortment of merchandise
big box retailers discount stores that offer a narrow but deep assortment of merchandise
category killers a specialist that offers an extensive assortment in a particular category, so overwhelming the category that other retailers have difficulty competing
home improvement center category specialist that offers home improvement tools for contractors and do-it-yourselfers
extreme value retailers a general merchandise discount store found in lower-income urban or rural areas
off-price retailers a type of retailer that offers an inconsistent assortment of merchandise at relatively low prices
close-out retailers stores that offer an inconsistent assortment of low priced brand name merchandise
irregulars merchandise with minor construction errors
outlet stores off-price retailers that often stock irregulars,out-of-season merchandise, or overstocks from the parent company
factory outlets outlet stores owned by manufacturers
services retailers a firm that primarily sells services rather than merchandise
mobile commerce (M-commerce) communicating with or selling to consumers through wireless devices such as cell phones
share of wallet the percentage of the customer's purchases made from a particular retailer
online chat instand messaging or voice conversation with an online sales representative
cookie computer program, installed on hard drives, that provides identifying information
cannibalization customers who formerly made purchases through one retail channel switch to a different retail channel without increasing the overall sales to the retailer
opt in the option giving the consumer complete control over the collection and dissemination of his/her personal information, usually referred to in an internet setting
opt out the option whereby consumer must actively choose to prevent personal information from being used or shared with third parties, usually referred to in an internet setting

What are the four types of retailers?

Types of Retailers.
Department Stores. Traditional department stores sell a wide range of merchandise that is arranged by category into different sections in the physical retail space. ... .
Grocery Stores and Supermarkets. ... .
Warehouse Retailers. ... .
Specialty/Outlet Retailers. ... .
Discount Retailer. ... .
Internet/Mobile Retailer..

What are the 4 types of merchandise?

4 types of basic merchandise.
Convenience goods. Convenience goods are necessary items that people require for basic survival and health. ... .
Impulse goods. Impulse goods are items that customers buy without originally planning to when they entered the store. ... .
Shopping products. ... .
Specialty goods..

Which type of food retailer is very large and offers a limited and irregular assortment of food and general merchandise in bulk with little service at low prices?

Warehouse Clubs: large retailers (at least 100,000-150,000 sq. ft.) that offer a limited and irregular assortment of food and general merchandise with little service at low prices for ultimate consumers and small businesses.

What are retailers that offer a broad variety of merchandise limited service and low prices?

Convenience stores is a retailer that offers a broad variety of merchandise, limited service, and low prices. They offer both private and national brands. The big three full-line discount store chains are Wal-Mart, Target and Kmart.