LARGE SCALE RETAILING.

Hey Guys, It’s been long I know, and I missed you loads…. Anyways, I had to work on balancing my education with this my passion to help people educationally on this blog. So by Gods Grace it’s sorted out and I will be around more often.

So today we are discussing the above mentioned Topic, so let’s relax, learn and have FUN.

Large Scale Retailing is a system of trading with large scope of operation. As the name implies it involves trading that is large in nature. It exists in the following:

1. CHAIN/ MULTIPLE STORE- It is a large retail store that has the same or identical store designs, layout and stock display. It has branches which is scattered all over the country while the Head office supplies the goods to the outlet. For example- Leventis Store, UTC Store, ShopRite etc.

Features of Chain Stores:

a. They Sell Similar Range of Goods.

b. They are found in Towns and Urban Area.

c. They Have Identical Store Designs.

d. They have similar Stock display.

Advantages of Chain Stores:

a. They Ensure Consistence of their Products.

b. They Buy in Bulk, which ensures lower prices.

c. Their Customers can easily locate them anywhere.

Disadvantages of Chain Stores:

a. They don’t Facilitate Credit Transactions.

b. Decision-making is always delayed.

c. No Personal relationship exists between the shop attendant and customer.

2. DEPARTMENTAL STORES- It is a large retailing store that operates under one roof which deals with a wide variety of goods but organized in different sections (departments) for the purpose of service, promotion and control.

Each department specializes in one line of product. For example Kingsway Stores etc.

Features of Departmental Store:

a. Each Department has its own Manager.

b. Each Department deals in one line of product.

Advantages of Departmental Store:

a. It allows freedom of movement around the store.

b. It ensures bulky purchase of goods, which helps in price reduction.

Disadvantages of Departmental Store:

a. It requires large capital to set up.

3. SUPERMARKET- It is a Large Retailing Business Unit that deals mostly on Food, Household Items and a wide variety of goods. It is a Self-Service System and Baskets and Trolleys are used for easy carrying of goods.

Advantages of Supermarket:

a. It provides a wide variety of goods.

b. It ensures Self-Services.

c. Customers have rights to make choices without being influenced by shop attendants.

Disadvantages of Supermarket:

a. No Personal Attention is given to Customers.

4. MAIL ORDER- It is a Large Retailing Business in which buying and selling is carried out by post. The customers are contacted by mail, their orders are received by mail, and the delivery is by mail. It involves the use of Catalogue that presents the goods and the price. Payment is through Cash delivering basis.

Below is a website that deals in Mail Order Large Scale Retailing.

Okay this concludes our session for today. Hope you had FUN while learn. For any Questions, send me a message dividiamond@gmail.com. Remain Ever Blessed, You are for SIGNS & WONDERS.

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