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.

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
More recently, Mark Eppli and James Shilling provide evidence of department store customer draw in regional shopping centers using regression analysis.(7) To summarize, many consumers today are willing to bypass well-located, standalone stores and less desirable shopping centers to travel to a more distant shopping center that offers comparison shopping and fashion-oriented department stores.
Global Department Stores & Other General Merchandise Stores Market, 2014 - 2022, Historic And Forecast, By Region
BFA monitoring team director Nida Kazmi said the owners of department stores had been warned against poor conditions at their stores and directed them to ensure cleanliness.
"With the closure of many department stores there's been a move to now seeing Santas at garden centres and heritage railway lines," he says.
A lot of the shoppers coming in and out of the shop were in their sixties and seventies, and said they rely on department stores for quality and convenience.
But while Selfridges opened in 1909 department stores had been around for quite a long time prior to this.
Lotte Department Store is planning to sell its Anyang branch, a first for the country's top department store chain to completely sell a shop.
The retail chain admits that the department store, opened in 1968, needs significant investment for its modernisation.
The rise of the department store has been intimately linked to the history of modernity in the Atlantic world (United States, France, Britain).
* Department stores post moderate growth in China, amid increasing online sales
"The so-called death of department stores has probably been a bit oversold," Mr Brookes said.

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