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 ?
Swedish department store chain Clas Ohlson AB (OMX Stockholm:CLAS B) said on Tuesday (29 April) that it has signed the contracts for opening two new stores in Finland.
Swedish department store chain Clas Ohlson AB said on Friday (8 February) that it has signed a contract for a new store in Lillehammer, Norway.
She said the department store chain got about 10 complaints from customers.
NORDIC BUSINESS REPORT-1 February 2008-Swedish department store chain Clas Ohlson AB signs contract for new store in Norway(C)1994-2008 M2 COMMUNICATIONS LTD http://www.
department store chain, and will continue to operate eight of Harris' nine stores, including a Harris store at the Antelope Valley Mall where Gottschalks already has a store.
s two free-standing furniture stores are exceeding the company's projections and the department store chain plans more in the future.
The department store chain currently relies on several JDA Portfolio(R) demand chain solutions to provide merchandise financial planning.
NORDIC BUSINESS REPORT-8 January 2008-Swedish department store chain Clas Ohlson AB signs contracts for two additional stores(C)1994-2008 M2 COMMUNICATIONS LTD http://www.
UN) today announced it has confirmed a deal to install the Fisher-Price(R) Music Series displays in over 700 locations of a leading, national, specialty department store chain in the United States.
NORDIC BUSINESS REPORT-21 December 2007-Swedish digital signage company ZetaDisplay AB wins contract from Danish department store chain Magasin du Nord(C)1994-2007 M2 COMMUNICATIONS LTD http://www.
Metro-Goldwyn-Mayer, parent of the famous feline who appears at the start of every MGM movie, is expected to announce today at a Hollywood news conference a partnership with upscale department store chain Neiman-Marcus and another unknown retail partner.
NORDIC BUSINESS REPORT-16 August 2007-Swedish department store chain Clas Ohlson opens new store in Norway(C)1994-2007 M2 COMMUNICATIONS LTD http://www.

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