3250 chapter 13 retailing

wholesalers fall into three major groups: merchant wholesalers, _________, and manufacturers' and retailers' branches and offices

brokers and agents

a _______ is a small store, located near a residential area that is open long hours seven days a week and carries a limited line of high-turnover goods

convenience store

_________ are two or more outlets tat are commonly owned and controlled

corporate chains

retailers such as Walmart, Costco, ALDI, and Family Dollar are known for maintaining low prices and rarely offering sales or other discounts, a practice known as __________

everyday low-pricing

which type of retailer usually carries more specialty goods at high prices and is more likely to provide customers with assistance in every phase of the shopping process?

full-service retailer

high-end department stores, such as nordstrom and neiman marcus, which offers buyers more specialty products and actively seek to assist customers in every phase of the shopping process, are often referred to as _______

full-service retailers

Overstock.com, a web seller that buys furniture, clothing, electronics, and more from a variety of producers at less-than-regular wholesale prices and then charges customers less than retail is, an _________

off-price retailer

_________ have filled the ultra low-price, high-volume gap by buying at less-than-regular wholesale prices and charging consumers less than retail

off-price retailers

the brazilian sandal maker Havaianas is known for opening temporary stores, or __________, at beaches, festivals, and other summer hot spots around the world

pop-up shops

a recent retail turned is to create limited-time retail facilities that let firms promote their brands to seasonal shoppers and create buzz in busy areas. what are those short-term establishments called?

pop-up stores

_________ retailers in the United States are growing faster than product retailers

service

a __________ is a group of retail businesses built on a site that is planned, developed, owned, and managed as a unit

shopping center

which term refers to looking at merchandise at a traditional store and then purchasing the merchandise online?

showrooming

with increased availability of smartphones and mobile computing, many shoppers now check out merchandise at physical stores but then buy products online using a computer or mobile device, sometimes even while they are in the store. this practice is widely known as _________

showrooming