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Unit 29 - Understanding Retailing P1 M1

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level 3 business extended diploma Unit 29 - Understanding Retailing P1 M1

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  • June 13, 2018
  • 6
  • 2017/2018
  • Essay
  • Unknown
  • Unknown

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  • level 3 business extended diploma

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  • BTEC
  • PEARSON (PEARSON)
  • Business 2010 QCF
  • Unit 29 - Understanding Retailing
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Farida begum
Jaswinder
Unit 29
Task: P1 M1


Unit 29- Understanding Retail
In this assignment I will describe structure and organisation of the retail sector. I will
also compare the function of formats and locations in retailing.

 Retail- The sale of goods or commodities in small quantities directly to
consumers.
 Retail is the sale of goods and services from individuals or businesses to the end-
user.

Source 1: http://www.thefreedictionary.com/retail
Source 2:http://en.wikipedia.org/wiki/Retail

How the retail industry is organised?

 Classification of stores

Types of Definition Examples
retailers
Multiple chains Organisations which that offer a narrow WHSmith,
range of products. Multiple retailers have Mothercare, Boots
more than ten branches. the chemist
Supermarkets Very large stores which sale a full range of Sainsbury’s, Tesco,
food and non-food products. Supermarkets Morrisons
are stores with at least 200M2 of sales area,
using self-service methods and having at
least three checkouts. Superstores have
25,00 M2 of sales area space and car parking
facilities.
Internet stores Online shopping or e-shopping is a form of Amazon.co.uk
electronic commerce which allows
consumers to directly buy goods or services
from a seller over the Internet using a web
browser.
Department John Lewis,
stores A department store is a retail establishment Debenhams, House
with a building open to the public, offering a of Fraser
wide range of consumer goods. It typically
allows shoppers to choose between multiple
merchandise lines, at variable price points,
in different product categories known as
"departments".

Department stores usually sell a variety of
products, including clothing, furniture, home

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