NRF Rise Up (1) Retail Industry
Retail—ANSWER--Selling products directly to people for personal use.
Distribution Channels—ANSWER--The paths products take from the maker
to you.
Direct-to-consumer—ANSWER--Maker → You
Retail store channel—ANSWER--Maker → Wholesaler → Store → You
Online-only—ANSWER--Product ships straight to your house.
Retail Ecosystem—ANSWER--All the parts that move products to shoppers
(factories, warehouses, trucks, apps, stores).
Multichannel Retailing—ANSWER--Multiple ways to shop, but the channels
are separate.
Omnichannel Retailing—ANSWER--All ways to shop are linked for a
smooth experience.
Independent Retailer—ANSWER--One store owned by one person/family.
Chain Stores—ANSWER--Many stores owned by one company.
Retail—ANSWER--Selling products directly to people for personal use.
Distribution Channels—ANSWER--The paths products take from the maker
to you.
Direct-to-consumer—ANSWER--Maker → You
Retail store channel—ANSWER--Maker → Wholesaler → Store → You
Online-only—ANSWER--Product ships straight to your house.
Retail Ecosystem—ANSWER--All the parts that move products to shoppers
(factories, warehouses, trucks, apps, stores).
Multichannel Retailing—ANSWER--Multiple ways to shop, but the channels
are separate.
Omnichannel Retailing—ANSWER--All ways to shop are linked for a
smooth experience.
Independent Retailer—ANSWER--One store owned by one person/family.
Chain Stores—ANSWER--Many stores owned by one company.