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Chapter 2 Types of Retail Businesses

Chapter 2 Types of Retail Businesses. Section 2.1 Types of Retailers Section 2.2 Types of R etail Ownership. Chapter Objectives. Explain the NAICS Categories for the retail industry Name the types of business organizations. Identify the types of Retail Business Ownership.

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Chapter 2 Types of Retail Businesses

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  1. Chapter 2 Types of Retail Businesses Section 2.1 Types of Retailers Section 2.2 Types of Retail Ownership

  2. Chapter Objectives • Explain the NAICS Categories for the retail industry • Name the types of business organizations. • Identify the types of Retail Business Ownership. • Describe how competition affects retail evolution.

  3. Section 2.1 Types of Retailers • Explain the NAICS Categories for the Retail Industry.

  4. Key Terms • NAICS • Sales Associates • Merchandise Variety • Merchandise Assortment

  5. Types of Retailers • What is NAICS • NAICS is a system used to categorize industries on the North American continent. • The Retail Industry • 12 Categories • Code Numbers • Internet

  6. Retail Categories • Retail Categories and Types of Stores • Motor Vehicle and Parts Dealer • Furniture and Home dealers • Electronics and Appliances • Building Materials and Garden Equipment • Food and Beverage Stores • Health and Personal Health Stores • Gas Stations • Clothing and Accessories • Sporting Goods • General Merchandise Retailers

  7. Types of Retailers • Discount Stores • Miscellaneous Store retailers • Non store retailers • Retail Sales • Sales Associate • Variety of Merchandise • Merchandise Variety • Merchandieassortment

  8. Section 2.2 Types of Retail Ownership • Learning Objectives • Name the Types of Retail Organizations • To identify types of retail business ownership • To Describe how competition affects retail evolution.

  9. Key Terms • Single Proprietorship • Partnership • Corporation • Independent Store • Entrepreneur • Chain Store • Franchisee • Franchisor • Franchise

  10. Types of Retail Ownership • Who owns the store? • Business Organization • Single Proprietor • Partnership • Corporation

  11. Types of Retail Ownership • Types of Stores and Owners • Independent stores • Advantages • Disadvantages • Chain Stores • Advantages • Disadvantages • Store Groups • Manufacturer Retail

  12. Types of Retail Ownership • Franchise Business • Franchise • Franchisor • Franchisee • Benefits or Draw backs???

  13. Types of Retail Ownership • Cooperatives • Voluntary Chain Store • Lease Department • Lease Dealership

  14. Types of Retail Ownership Retail Evolution…. Where do we go from here?

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