Industries
Retail Industry
Also Known As Retail
Citation Formats
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The sale of goods and services directly to consumers, the final link in the supply chain from producers and wholesalers to individual buyers, spanning small family stores to massive chains and e-commerce platforms.
Facts
SectorConsumer and retail trade 1 Cross-Tradition Connections
Associated With
Loss-leader pricing is a retail pricing tactic by definition: a product priced to draw a shopper into a store or platform so that the same visit produces other, higher-margin sales.
Retail's own day-to-day operating decisions are organized through the retail marketing mix, marketing practice's own six-Ps framework applied directly to the store and the shelf.
Companies In Industry
Amway sells consumer products directly to individual buyers through a network of independent distributors rather than through conventional retail stores, the direct-to-consumer channel closest to the sectors this atlas tracks.
Gillette manufactures personal care and grooming products rather than operating stores; Retail Industry is the closest sector category this atlas currently tracks for a consumer products manufacturer.
Sources
1. Wikipedia, Retail
Wikipedialead section, sentence 2Quote, lead section, sentence 2
Retailers are the final link in the supply chain from producers to consumers.
1. Wikipedia, Retail
WikipediaAssociated With: Marketing, lead section, retail marketing mixQuote, Associated With: Marketing, lead section, retail marketing mix
Day-to-day decisions are often described using the retail marketing mix, commonly summarized as six "Ps": product, place, promotion, price, personnel, and presentation (physical evidence).
Wikipedia, Amazon (company)
Wikipedia, Walmart
Wikipedia, Loss Leader
WikipediaAssociated With: Loss Leader Pricing, lead sectionQuote, Associated With: Loss Leader Pricing, lead section
A loss leader is a product sold at a price below its minimum profit margin to stimulate other sales of more profitable goods or services.
Wikipedia, Sears Holdings
WikipediaCompanies In Industry: Sears Holdings Corporation, Lead sectionQuote, Companies In Industry: Sears Holdings Corporation, Lead section
the parent company of the chain stores Kmart and Sears
Wikipedia, Sears Holdings
WikipediaAssociated With: Sears Holdings Bankruptcy, 2018 bankruptcyView the Source Wikipedia, Amway Corp
WikipediaCompanies In Industry: Amway Corp, Lead sectionQuote, Companies In Industry: Amway Corp, Lead section
American multi-level marketing (MLM) company that sells health, beauty, and home care products.
Wikipedia, The Gillette Company
WikipediaCompanies In Industry: The Gillette Company, Lead sectionQuote, Companies In Industry: The Gillette Company, Lead section
Gillette is an American brand of safety razors and other personal care products including shaving supplies
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