Mark Arben Delos Santos MM-3C RETAIL MANAGEMENT

Activity 3.

I. Identification

1. Destination store
2. Convenience store
3. Warehouse club store
4. Full line discount store
5. Specialty store
6. Hypermarket
7. Parasite store
8. Warehouse retailers
9. Department store
10. Factory outlet store

II. Enumerate

1. Discount stores/discounters
2. Specialty store
3. Factory outlet store
4. Hypermarket store
5. Department store
6. Membership club retailing
7. Paradise store
8. Destination store
(9-12)
9. Supermarket
10. Super centers
11. Warehouse clubs
12. Convenience store
(13-16)
13. Limited line discount store
14. Full line discount store
15. Off price store
16. Discount store at a glance
(17-20)
17. It must employ minimum 50 people as store staff
18. Most selling goods for FMCG and daily used item
19. It should have proper balance between home furniture, consumer
electronics apparel and food.
20. All the departments should generate balance contribution towards sales
for instance not more than 80% of annual sales can came from single product
line.

III. REFLECTION

I learned about the types of retailers beyond the distinction in the

products they provide these structural differences among retailers that
influences the strategies and results. One of the reason the retail industry is so
large and powerful it is diversity. For example store vary in sized in the kind of
service that are provided in the assortment of merchandise they carry and
their ownership and management structures.
The U.S census bureau indicates that 94.5 percent of retail companies
have only one location or store. More than one million retail business in the
U.S fewer that are hundred employees. Most retail outlets are small and have
weekly sales of just a few hundred dollars.