department store

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department store

a RETAILER which sells a great variety of products, the term ‘department’ denoting the fact that a typical store will be divided up into a large number of sections each offering a particular kind of merchandise: the food department, the footwear department, the toys and games department, etc. Department stores may be under single-shop ownership or run as a multiple CHAIN STORE business.

Department stores compete mainly by offering customers convenience (‘everything under one roof), personal service and good quality products rather than on the basis of SELF SERVICE and cut prices. The larger department stores are able to boost their profitability by obtaining BULK-BUYING discounts from manufacturers as well as by promoting their OWN LABEL BRANDS. See DISTRIBUTION CHANNEL.

department store

a large RETAIL OUTLET. Department stores may be under single-shop ownership or run as a multiple CHAIN STORE business. Unlike most other retailers, who tend to specialize in relatively narrow ranges of products, the essential characteristic of a department store is the great variety of products it stocks: ‘everything under one roof. See RETAILER, DISTRIBUTION CHANNEL.
References in periodicals archive ?
The Snapshots report gives an instant overview of the US discount retailing market, and covers discount department stores and other discount retailers.
The outlook for the discount retailing market in the UK is extremely promising over the next 5-year period, with sales increases estimated across both sectors.
Snapshots Germany Discount Retailing 2007 provides 2005 year-end market size data, with 2006 estimates, 4 years of historical data and five-year forecasts.
This report analyses the discount retailing market in the UK.
The venerable department-store name has agreed to be acquired by discount retailing titan Kmart Holding (KMRT) .
Industry sub-sectors recording a significant decline in interest included: discount retailing, clothing stores and miscellaneous electronics.
Discount retailing of apparel at such chains as Wal-Mart and Kohl's.
But despite those efforts, and the efforts of management to control costs and restructure our operations, the difficult environment for discount retailing and the continued slowness in the economy have made it impossible for us to deliver the sales volume we need to meet our obligations.