department store

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Related to Discount retailer: Discount department stores, Discount retail stores

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 ?
In April, Yyldyz strengthened its position against rival ByM after having bought Spanish discount retailer Dia stores in Turkey.
The economic crisis has proved fertile for the discount retailers expanding on Bulgarian soil and the country saw their boom in 2010.
Financial performance 'challenging' - John Hargreaves, founder and owner of discount retailer Matalan
Summary: Discount retailer Poundland has said it plans to open at least 50 new stores in a move to create up to 2,000 jobs.
DISCOUNT retailer Matalan put sale plans on hold yesterday as would-be buyers balked at the pounds 1.5billion price.
The first 100 customers through the door at the discount retailer on Ponteland Road, Cowgate, Newcastle, this Thursday will be treated to the freebie dinner.
NEW YORK: The dire economy appears to have made Americans less materialistic, with a poll showing most people would choose items from discount retailer Wal-Mart over luxury jeweller Tiffany s trademark blue boxes.
Feb 26 - Hindustan Unilever is reported to have launched legal action against Indian discount retailer Subhiksha Trading Services Ltd, alleging non-payment of dues.
Summary: With India's discount retailer, Subhiksha, approaching the market seeking infusion of funds to stay afloat during times of global recessionary trends, experts fear that investors might soon start feeling the heat.
DISCOUNT retailer Wilkinson may shed up to 1,500 jobs next year if it adopts a new stock supply system, the Midland company confirmed yesterday.
The U.S.'s largest discount retailer has gone small in the detergent aisle.
It is unclear whether it is the mere presence of a discount retailer per se that impacts independent retailers' perceptions of environmental hostility or whether other factors that evolve as a result of the discount retailer impact perception of environmental hostility.