Term
| Must know the customer and what makes the buy |
|
Definition
|
|
Term
|
Definition
|
|
Term
| 3% say that shopping is a favorite leisure activity. |
|
Definition
|
|
Term
| The average consumer makes 38 trips to the mall per year, shop 77 minutes, & spend an average of $66.70 |
|
Definition
|
|
Term
| how long do retailers have to capture a consumer's interest. |
|
Definition
|
|
Term
| eye catching displays and placement of elevators cashiers and escalators do what? |
|
Definition
| attract and stall customers |
|
|
Term
| form appearance, the atmosphere, & mood of an establishment |
|
Definition
|
|
Term
| classification of store & nonstore retailers |
|
Definition
|
|
Term
| merchandise both hard & soft goods in departments all under 1 roof, catering to all social & economic levels. |
|
Definition
|
|
Term
| merchandise buying controlled from 1 central location |
|
Definition
|
|
Term
| carries a limited selection of its specialty items while creating a distinctive lifestyle image |
|
Definition
|
|
Term
| small specialty shop that features a strong fashion image |
|
Definition
|
|
Term
| buys the right to sell merchandise of a specific manufacturer. |
|
Definition
|
|