Retail Market "Retail" and "Retail stores" redirect here. For the comic strip by Norm Feuti, see Retail (comic strip). Drawing of a self-service store. Retailing consists of the sale of goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser.[1] Retailing may include subordinated services, such as delivery. Purchasers may be individuals or businesses. In commerce, a "retailer" buys goods or products in large quantities from manufacturers or importers, either directly or through awholesaler, and then sells smaller quantities to the end-user. Retail establishments are often called shops or stores. Retailers are at the end of thesupply chain. Manufacturing marketers see the process of retailing as a necessary part of their overall distribution strategy. The term "retailer" is also applied where a service provider services the needs of a large number of individuals, such as a public utility, like electric power. Shops may be on residential streets, shopping streets with few or no houses or in a shopping mall. Shopping streets may be for pedestrians only. Sometimes a shopping street has a partial or full roof to protect customers from precipitation. Online retailing, a type of electronic commerce used forbusiness-to-consumer (B2C) transactions and mail order, are forms of non-shop retailing. Shopping generally refers to the act of buying products. Sometimes this is done to obtain necessities such as food and clothing; sometimes it is done as a recreational activity. Recreational shopping often involves window shopping (just looking, not buying) and browsing and does not always result in a purchase. Types f et il tlets ✄ ✄ ✂ ✁ ☎ ✆ ✝ ✞ ✟ ✁ ✂ ✞ S ✁ J e i s et i G l j , J lisco ✄ ✁ ✠ I ✁si e supermarket i ussia ☛ ☞ A marketplace is a location ✡ ere oods and services are exchanged. The traditional market ✌ ✌ square is a city square ✡ here traders set up stalls and uyers rowse the merchandise. This kind of market is very old, and countless such markets are still in operation around the whole world. ✌ ✌ In some parts of the world, the retail ✌ usiness is still dominated y small family-run stores, ut this ✌ market is increasingly ✌ eing taken over y large retail chains. ✌ ✍etail is usually classified y type of products as follows: Food products Soft goods - clothing, apparel, and other fabrics. Hard goods ✎✏ hardline retailers") - appliances, electronics, furniture, sporting goods, etc. There are the following types of retailers by marketing strategy: Supermarkets - sell mostly food products; ✑epartment stores - very large stores offering a huge assortment of "soft" and "hard goods"; ✑iscount stores - tend to offer a wide array of products and services, but they compete mainly on price; General merchandise store - a hybrid between a department store and discount store; Warehouse store - low-cost, often high-quantity goods piled on pallets or steel shelves; warehouse clubs charge a membership fee; Variety store or "dollar store" - extremely low-cost goods, with limited selection; ✎ ✑emographic - retailers that aim at one particular segment e.g., high-end retailers focusing on wealthy individuals). Some stores take a no frills approach, while others are "mid-range" or "high end", depending on what income level they target. Other types of retail store include: ✒eneral store - a store which sells most goods needed, typically in a rural area; Convenience store - a small store often with extended hours, stocking everyday or roadside items; Big-box stores encompass larger department, discount, general merchandise, and warehouse stores. A food vendor in India Sunshine Bakery & Ingredients Supply food and beverage ingredients store in Malaysia Retail pricing The pricing technique used by most retailers is cost-plus pricing. This involves adding a markup amount (or percentage) to the retailer's cost. Another common technique is suggested retail pricing. This simply involves charging the amount suggested by the manufacturer and usually printed on theproduct by the manufacturer. ✓ In Western countries, retail prices are often called psychological prices or odd pric s. ✔ften prices are fixed and displayed on signs or labels. Alternatively, when prices are not clearly displayed, there can be price discrimination, where the sale price is dependent upon who the customer is. For example, a customer may have to pay more if the seller determines that he or she is willing and/or able to. Another example would be the practice of discounting for youths or students. INORBIT MALL History of mall ✗ ✖ Inorbit ✕alls, a subsidiary of the K. aheja orporation, was set up with an objective to not just create physical ✗ structures but also to influence lifestyles. ommitted to setting benchmarks in retailing in India, Inorbit ✕alls provides an excellent walk through experience for customers. ✘ ✕ ✕ Inorbit ✕all, alad first opened its doors to the public in early 004, in umbai. The mall has a universal class and appeal and seeks to provide a one-stop destination for fashion, lifestyle, food, and entertainment leading to an international experience for families. ✙ ✗ ✙ ✘ ✘ Inorbit ✕alls launched their Vashi property in ctober 008 and in yberabad in ct 009. With a total retail area of 5.5 lakh sq.ft, Inorbit ✕all, Vashi is a systematically planned and immaculately designed mall catering to the entertainment, leisure and shopping needs of their customers. Inorbit, ✗ yberabad, today is 70% trading & all set to become a benchmark for modern retail in the city of the nawabs. The company aims at achieving excellence in the customer¶s retail experience. With this aim, Inorbit has planned an immediate expansion with Pune, Bangalore and Vadodara K.raheja Corp ✗ K. ✖aheja orp. is a success story spanned across decades and continues to achieve higher targets relentlessly for quality performance and service in diverse fields of real realty business, hospitality sector and retailing outfits. The group has made an impact on the supply side of the modern day living. A style that has been the dream of new class of consumers, a style encompassing the whole range of consumption pattern of the young and the ✗ upcoming consumers that has become synonym with the brand K. ✖aheja orp. The higher standards set by the group in its pursuit to position India on par with the developed economies of the world and with a vision to be and remain at the commanding height of ✖eal Estate Business. ✗ ✚ ✚ K ✖aheja orp pioneered organized retail with their first retail venture in 99 with Shoppers Stop. Today, they have a number of successful brands across the spectrum of retail formats in India. ✛ Ventures like ✛ rossword & Hyper ity have set new bench marks on the basis of information and adaptation of worldwide changes, innovations and new techniques in retailing practices. Vision & Mission To achieve and retain market leadership in our industry ✜ ✜ To reate elebratory Environments for ✢etail . Achievments ICICI KSA-Technopak Images Retail Awards India Retail Submit Pinnacle Award (ZEE Business) ICFAI Business School Images Retail Awards Franchise India Holdings Limited Bharatiya Vidyapeeth CNBC Awaaz Maxi Awards Star Retailer Educational Institute and shopping mall India shopping center forum 2008 Maharashtra Societies Welfare association Most Admired Shopping Centre Developer 09 International Council of Shopping Centres Images Retail Awards Most Admired Shopping Centre Newly Opened Year 2009 Most Admired Shopping Centre of the Most Admired Shopping Centre of the Year - Socially Responsible Year 2009 - Marketing and Consumer Promotions Best Shopping Centre 2009 - Inorbit Malad Most Memorable Shopping Experience Award - 9th Indira Marketing Excellence Award Most Admired Shopping Centre Most Admired Shopping Centre of the Year - Marketing and Developer of the Year Consumer Promotions (Inorbit Malad) Inorbit alad ✣ Located in the country's commercial capital, ✣umbai, Inorbit, alad is the finest malls the country has ever seen. ✤ ommitted to setting benchmarks in the Indian ✥etail Industry, its success is attributed to our unique positioning as a true one-stop lifestyle destination. In its core, lies the understanding that shopping is a multifaceted experience. ✤ ✤ onceptualized by the world renowned UK based hapman Taylor Partners, the mall, of universal class and appeal, seeks to provide a one-stop destination for fashion, lifestyle, food, and entertainment leading to an ✣ international shopping experience for families. We also have to our credit ✦5 awards, which include µ all of the ✤ ✤ ✧ ✧ ✧ ✧ ✥ Year¶ Award for years in a row, 005 and 006, 'Best managed ✣all at the 007 NB eal Estate Awards and the coveted International ✣axi Award. It is no surprise then that Inorbit ✣alad¶s superior design, formidable operations and excellent retail mix has made it the most sought after destination in the country today. Services Inorbit ✣alad goes one step ahead and thinks beyond what others do, which has resulted into many innovative services being offered to its customers absolutely free. The ✣all takes utmost care in offering trouble free ✤ shopping experiences by providing services such as Wheelchairs, Forex ✤ ounter, Baby hanging Unit, Wi-Fi ✤ ✤ ✤ Service, ar alling, Free Newspapers, ✧ 4 hrs ambulances on site, one of a kind ar Spa, Gift Wrapping Service, P✤★ . Inorbi at your s rvic : Ambulanc ✩ ATM Auto stand Baby Care In case of any emergency Standard ✪ hartered at At an open parking