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Catalog Merchant
A catalog merchant (catalogue merchant in British and Canadian English) is a form of retailing. The typical merchant sells a wide variety of household and personal products, with many emphasizing jewelry. Unlike a self-serve retail store, most of the items are not displayed; customers select the products from printed catalogs in the store and fill out an order form. The order is brought to the sales counter, where a clerk retrieves the items from the warehouse area to a payment and checkout station. Purpose The catalog merchant has generally lower prices than other retailers and lower overhead expenses due to the smaller size of store and lack of large showroom space. There are a few key benefits to this approach. By operating as an in-store catalog sales center, it could be exempt from the " Resale price maintenance" policy of the manufacturers, which can force conventional retailers to charge a minimum sales price to prevent price-cutting competition; it also reduces the ...
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British English
British English (BrE, en-GB, or BE) is, according to Oxford Dictionaries, "English as used in Great Britain, as distinct from that used elsewhere". More narrowly, it can refer specifically to the English language in England, or, more broadly, to the collective dialects of English throughout the British Isles taken as a single umbrella variety, for instance additionally incorporating Scottish English, Welsh English, and Northern Irish English. Tom McArthur in the ''Oxford Guide to World English'' acknowledges that British English shares "all the ambiguities and tensions iththe word 'British' and as a result can be used and interpreted in two ways, more broadly or more narrowly, within a range of blurring and ambiguity". Variations exist in formal (both written and spoken) English in the United Kingdom. For example, the adjective ''wee'' is almost exclusively used in parts of Scotland, North East England, Northern Ireland, Ireland, and occasionally Yorkshire, whereas the ...
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Index (retailer)
Index was a catalogue retailer in the United Kingdom, that was owned by Littlewoods Littlewoods was a retail and football betting company founded in Liverpool, England, by John Moores in 1923. By the 1980s, it had grown to become the largest private company in Europe, but subsequently declined in the face of increased com ... from 1985 until 2005. Many Index stores were attached to Littlewoods stores. It was a well known retailer in the 1980s and the 1990s, but sales declined in the noughties and it lost many customers to its main rival, Argos. Index failed to make a profit in eighteen of its twenty years of retailing, losing more than £100 million in total. Rebranding In December 2000, following a half-year loss of £15.6 million, Littlewoods announced that of its 98 standalone Index stores, five were to be closed outright, 35 were to be moved into Littlewoods stores and rebranded as Littlewoods eXtra, and 58 would remain standalone but be rebranded as Littlewoods In ...
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Montgomery Ward
Montgomery Ward is the name of two successive U.S. retail corporations. The original Montgomery Ward & Co. was a world-pioneering mail-order business and later also a leading department store chain that operated between 1872 and 2001. The current Montgomery Ward Inc. is a national online shopping and mail-order catalog retailer that started several years after the original Montgomery Ward shut down. Original Montgomery Ward (1872–2001) Company origins Aaron Montgomery Ward started his business in Chicago; conflicting reports place his first office either in a single room at 825 North Clark Street or in a loft above a livery stable on Kinzie Street, between Rush and State Streets. In 1883, the company's catalog, which became popularly known as the "Wish Book", had grown to 240 pages and 10,000 items. In 1896, Wards encountered its first serious competition in the mail order business, when Richard Warren Sears introduced his first general catalog. In 1900, Wards had tot ...
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Jafco
, abbreviated as JAFCO is a investment holding company headquartered in the Toranomon district of Minato-ku, Tokyo, Japan. It is listed on the First Section of the Tokyo Stock Exchange. JAFCO is considered to be the oldest as well as largest Venture Capital company in Japan. History In April 1973, JAFCO under the name, Japan Associated Finance Co., Ltd. was established in Chuo, Tokyo with capital of ¥500 million. It was created by multiple Japanese financial institutions including Nomura Securities, Nippon Life Insurance and Sanwa Bank. Nomura was the largest shareholder. In April 1982, JAFCO established Japan's first venture capital partnership fund. In April 1984, JAFCO America Ventures Inc. was established in San Francisco. In February 1996, JAFCO moved its head office to Chiyoda,Tokyo. In August 1997, the company was renamed to JAFCO Co., Ltd. In May 1998, JAFCO established its buyout investment unit. In January 2001, JAFCO held an initial public offering to list ...
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Ellman's
Ellman's was a major catalog merchant. It was located in suburban locations of Georgia and North Carolina, mainly Atlanta and Charlotte. Directly competing with Service Merchandise, Ellman's was ultimately bought out by Service Merchandise in 1985 and all stores were converted to Service Merchandise. Ellman's corporate offices were located in Smyrna, Georgia on Cobb Parkway. They had showrooms in Georgia, Charlotte, NC and Greensboro, NC Greensboro (; formerly Greensborough) is a city in and the county seat of Guilford County, North Carolina, United States. It is the third-most populous city in North Carolina after Charlotte and Raleigh, the 69th-most populous city in the U .... References {{Reflist Defunct retail companies of the United States Catalog showrooms Retail companies disestablished in 1985 ...
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Brendle's
Brendle's was a chain of catalog showrooms based in Elkin, North Carolina, USA. Its showrooms carried jewelry, toys, sporting goods, and electronics. At its peak in 1990, Brendle's operated 58 showrooms in North Carolina, South Carolina, Virginia, Georgia, and Tennessee. The company announced it was closing in 1996 a few months after filing for Chapter 11 bankruptcy protection for a second time. History The company began in 1918 as SW&Y Supply, a wholesale grocery-distributing business. In 1953, Douglas D. Brendle, the grandson of the company's founder, joined the business. He began stocking toys and houseware items, turning its Elkin warehouse into its first wholesale showroom. In 1957, Brendle began publishing the company's first catalog. At its peak in 1990, Brendle's had 3,000 employees, and 58 stores. The company filed for Chapter 11 bankruptcy protection in 1992, closing six stores. Douglas Brendle retired in 1995. Brendle's then filed for Chapter 11 for a second time in ...
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Best Products
Best Products Company, Inc., or simply Best, was a chain of United States, American catalog showroom retail stores founded by Sydney and Frances Lewis in 1957 and formerly headquartered in Richmond, Virginia. The company was in existence for four decades before closing all of their stores by February 1997 and completely liquidating by December 1998. At the time of their second bankruptcy filing in September 1996, the company operated 169 Best stores and 11 Best Jewelry stores in 23 states, as well as a nationwide mail-order service. When in operation, Best Products was traded on the NASDAQ exchange as "BESTQ". History The company was founded by Sydney Lewis and Frances Lewis. Sydney Lewis, a lawyer educated at Washington & Lee and Harvard Business School, worked with his father managing an encyclopedia sales operation in Richmond. Lewis thought of selling additional merchandise along with the bills for encyclopedias. In 1957, the Lewises sent out their first catalog. The first sh ...
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JCPenney
Penney OpCo LLC, doing business as JCPenney and often abbreviated JCP, is a midscale American department store chain operating 667 stores across 49 U.S. states and Puerto Rico. Departments inside JCPenney stores include Mens, Womens, Boys, Girls, Baby, Bedding, Home, Fine Jewelry, Shoes, Lingerie, ''The Salon by InStyle'', ''Sephora inside JCPenney'', as well as leased departments such as Seattle's Best Coffee, US Vision optical centers, and Lifetouch portrait studios. Most JCPenney stores were initially located in downtown areas, but, as shopping malls grew in popularity during the 1960s, the chain began relocating and developing stores to anchor the malls. In recent years, JCP has opened stores in power centers, as well as stand-alone stores, sometimes adjacent to competitors. The company has been an Internet retailer since 1998, and it has streamlined its catalog and distribution while undergoing renovation improvements at store level. In May 2020, JCPenney filed for ...
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Department Store
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic appearance in the middle of the 19th century, and permanently reshaped shopping habits, and the definition of service and luxury. Similar developments were under way in London (with Whiteleys), in Paris ( Le Bon Marché) and in New York ( Stewart's). Today, departments often include the following: clothing, cosmetics, do it yourself, furniture, gardening, hardware, home appliances, houseware, paint, sporting goods, toiletries, and toys. Additionally, other lines of products such as food, books, jewellery, electronics, stationery, photographic equipment, baby products, and products for pets are sometimes included. Customers generally check out near the front of the store in discount department stores, while high-end traditional department st ...
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Internet Shopping
Online shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser or a mobile app. Consumers find a product of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine, which displays the same product's availability and pricing at different e-retailers. As of 2020, customers can shop online using a range of different computers and devices, including desktop computers, laptops, tablet computers and smartphones. An online shop evokes the physical analogy of buying products or services at a regular "bricks-and-mortar" retailer or shopping center; the process is called business-to-consumer (B2C) online shopping. When an online store is set up to enable businesses to buy from another businesses, the process is called business-to-business (B2B) online shopping. A typical online store enables the customer to browse the ...
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Big Box Store
A big-box store (also hyperstore, supercenter, superstore, or megastore) is a physically large retail establishment, usually part of a chain of stores. The term sometimes also refers, by extension, to the company that operates the store. The term "big-box" references the typical appearance of buildings occupied by such stores. Commercially, big-box stores can be broken down into two categories: general merchandise (examples include Walmart, Target, and Kmart), and specialty stores (such as The Home Depot, Barnes & Noble, or Best Buy), which specialize in goods within a specific range, such as hardware, books, or consumer electronics, respectively. In the late 20th and early 21st centuries, many traditional retailers and supermarket chains that typically operate in smaller buildings, such as Tesco and Praktiker, opened stores in the big-box-store format in an effort to compete with big-box chains, which are expanding internationally as their home markets reach maturity. The s ...
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