Street Date
   HOME

TheInfoList



OR:

In
business Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for pr ...
, a street date is the date a particular
product Product may refer to: Business * Product (business), an item that serves as a solution to a specific consumer problem. * Product (project management), a deliverable or set of deliverables that contribute to a business solution Mathematics * Produ ...
is to be released for sale to the general public. Typically,
retailers Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and t ...
receive shipments of stock prior to its street date release, so that the product can be placed on display shelves for store opening that day. Shipments come marked very clearly with a "do not sell before release date" label designating a street date mandated by the distributor. Shipments may sometimes arrive up to three weeks in advance. Retail outlets can be severely punished by manufacturers for releasing a product even a day before the street date, a process known as "breaking street." One example of this is with the launch of
DVD The DVD (common abbreviation for Digital Video Disc or Digital Versatile Disc) is a digital optical disc data storage format. It was invented and developed in 1995 and first released on November 1, 1996, in Japan. The medium can store any kin ...
, while the street date was set for March 25, 1997; some retailers sold the format's releases one day earlier on the 24th. If a retailer breaches the
contract A contract is a legally enforceable agreement between two or more parties that creates, defines, and governs mutual rights and obligations between them. A contract typically involves the transfer of goods, services, money, or a promise to tran ...
establishing a street date, the manufacturer may impose fines, may withdraw privileges to distribute future products from that manufacturer, and may file a
lawsuit - A lawsuit is a proceeding by a party or parties against another in the civil court of law. The archaic term "suit in law" is found in only a small number of laws still in effect today. The term "lawsuit" is used in reference to a civil actio ...
to enforce the contract.


References

Business terms Retail processes and techniques {{Business-term-stub