Beruflich Dokumente
Kultur Dokumente
Industrial Revolution
Industrial Revolution
This meant that a manufacturer could rarely
sell the produce directly to consumers
Since quantities were high the number of
customers required was also large
Thus longer distribution channels evolved as
did mass merchandisers
Importance of food to the working class and
the difficulty in procuring them led to the
emergence of co-operative societies in the
United Kingdom
By the year 1900, these societies had
RETAIL FORMATS & THEORIES
EVOLUTION OF RETAIL FORMATS
Supermarkets
Supermarkets
11. Prices were determined on the basis of stock turns and the
amount of profit that would be generated from the product