department store

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Related to Discount department stores: Ross, Marshalls

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 ?
While discount department stores in general have not taken to the idea of a pharmacy, they all have heavily promoted health and beauty aids.
Retail Channel Sales Retail sales in millions 2015 2016 %CHANGE Furniture stores $47,750 $48,800 2.2% Discount department stores $43,245 $43,816 1.3% Specialty stores $27,241 $27,575 1.2% Online $21,165 $23,257 9.9% Other $18,900 $19,237 1.8% Warehouse clubs $10,072 $9,966 -1.1% Department stores $7,790 $7,229 -7.2% Designers $6,906 $7,201 4.3% Home improvement centers $5,850 $6,033 3.1% Total home furnishings $188,920 $193,114 2.2%
ROGERS Figure 1 Sales of groceries, other foods, 2002 $ billion % of total Supermarkets+ $290.0 66.4% Convenience stores* 31.8 7.3 Drug stores 4.4 1.0 Discount department stores 9.1 2.1 Variety stores 3.0 0.7 Warehouse clubs & supercenters 66.1 15.1 Other store types 32.3 7.4 TOTAL 436.7 100.0 +Includes other general-line grocery stores.
Discount department stores, supermarkets and drugstores must figure out ways to hold their position over the next few years as supercenters push forward.
"Supercenters and warehouse clubs are expected to generate the strongest sales growth, while discount department stores and supermarkets will be the weakest performers," the report says.
These NAICS industries include: 442110--Furniture stores 442210--Floor covering stores 443111--Household appliance stores 443112--Radio, television, and other electronics stores 443120--Computer and software stores 444110--Home centers 444120--Paint and wallpaper stores 444130--Hardware stores 444190--Other building material dealers 444220--Nursery, garden center, and farm supply stores 448110--Men's clothing stores 448120--Women's clothing stores 448140--Family clothing stores 448210--Shoe stores 451220--Prerecorded tape, compact disc, and record stores 452111--Department stores (except discount department stores) 452112--Discount department stores 452900--Other general merchandise stores 453930--Manufactured (mobile) home dealers
Penney, Sears, Mervyn's and Kohl's -- and biggest discount department stores -- Wal-Mart, Target and Kmart -- are satisfying their customers.
Febreze has driven incremental sales in the home cleaning products sections of chain drug stores, discount department stores and supermarkets, says the spokesman, who adds that the fabric freshener category is expected to generate annual sales of $1 billion over the next five years.
A growing number of supermarkets, discount department stores and other retail stores provide MART CARTs for their shopper's convenience.
Looking at the baby food category, Management Horizons found that 70% of surveyed shoppers purchased products in supermarkets; 8.7% purchased products in supercenters; 5.5% shopped warehouse supermarkets for the products; 1.7% made purchases at a military base exchange or commissary; 1.1% purchased products at Wal-Mart; 0.9% shopped deep-discount drugstores; 0.7% shopped drugstores; 0.6% sourced product in other discount department stores; 0.6% in toy superstores; and a similar percentage bought baby food at Kmart.
The 14th Street and Union Square area was once renowned for its discount department stores, but those businesses shuttered and drug pushers took over the park.
In terms of channels of distribution, discount department stores (mass merchants) account for the lion's share of tabletop business at 43 percent, followed by specialty stores at 23 percent and department stores at 15 percent.