FSN 123 Chapter Notes - Chapter 11: Direct Selling, Outlet Store, Gimbels

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11 Dec 2012
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Department stores: general retailer most familiar to the buying public (i. e. macys, Specialty stores: carries limited line of specialized merchandise (i. e. victoria"s. Discount store: any retail operation that sells goods at less than full retail prices. Sole proprietors: are owners who are entrepreneurs (i. e. jc penny, john. Chain organizations: group of centrally owned stores that handles similar goods and merchandise. Lease departments: sections of retail stores owned and operated by outside organizations (i. e. macys) Franchises includes ralph lauren, calvin klein, yves saint laurent. Off-price retailers: selling of brand-name and designer merchandise at lower retail prices when they are at late rise or early peak of fashion cycle. Factory outlet stores: discount operation run by manufacturer. Category killers: superstores that carry only offer one type of goods at good price and great amount (home depot, toys r us, barnes & nobles) Boutiques/showcase store: either owner designs own merchandise or they buy and sell other people"s designs.

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