Retailers: meaning, definitions and examples
🛍️
retailers
[ˈriːteɪləz ]
Definition
business sales stores
Retailers are businesses that sell goods or services directly to consumers. They can operate in physical stores, online platforms, or a combination of both. Retailers play a crucial role in the supply chain, connecting manufacturers or wholesalers with end customers.
Synonyms
merchants, sellers, shopkeepers.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| retailers |
Use when talking about businesses that sell goods directly to consumers, typically on a large scale, such as chains or online stores.
|
| merchants |
Use when referring to individuals or companies engaged in the trade or supply of goods, often in a more traditional or historical context.
|
| sellers |
Use when speaking generally about anyone who sells goods or services, regardless of the scale or setting.
|
| shopkeepers |
Use specifically when talking about individuals who own or manage small, typically local shops or stores.
|
Examples of usage
- Many retailers offer discounts during the holiday season.
- Online retailers have seen a surge in sales due to the pandemic.
- Local retailers often provide personalized customer service.
Interesting Facts
Historical Origins
- The term 'retail' comes from the French word 'retailler,' meaning to cut off or pare down, reflecting how goods are sold in smaller amounts.
- In medieval times, retailers operated from market stalls or fairs, serving as the bridge between producers and consumers.
- The rise of department stores in the 19th century transformed how consumers shopped, merging various products under one roof.
Economics
- Retailers play a crucial role in the economy by providing goods to consumers and creating jobs, significantly contributing to national GDP.
- The level of competition among retailers can lead to better prices and services for customers, often driving innovation in products and delivery.
- Online retail has surged in popularity, with e-commerce now accounting for a large share of total retail sales, affecting traditional store operations.
Psychology
- Retail environments are designed to influence shopping behavior, using colors, lighting, and layout to encourage purchases.
- Consumers often develop loyalty to retailers based on emotional connections, trust, and perceived value rather than just price.
- Promotional strategies, such as discounts or loyalty programs, are often used to create urgency and entice buyers to make immediate purchases.
Pop Culture
- Retailers have become central figures in popular media, often depicted in movies or shows that explore consumer culture and shopping habits.
- Major retail events like Black Friday have transformed into cultural phenomena, with people celebrating deals and shopping as a social activity.
- Icons of retail, like Wal-Mart or Target in the U.S., often represent broader themes about consumerism and globalization in modern society.
Technology
- Emerging technologies like AI and data analytics are revolutionizing how retailers engage customers, predict trends, and manage inventory.
- Mobile shopping apps are becoming increasingly popular, allowing consumers to make purchases conveniently from their phones.
- Augmented reality is being used by some retailers to enhance the shopping experience, letting customers visualize products in their own environment before buying.
Translations
Translations of the word "retailers" in other languages:
🇵🇹 varejistas
🇮🇳 खुदरा विक्रेता
🇩🇪 Einzelhändler
🇮🇩 pengecer
🇺🇦 роздрібні торговці
🇵🇱 detaliści
🇯🇵 小売業者
🇫🇷 détaillants
🇪🇸 minoristas
🇹🇷 perakendeciler
🇰🇷 소매업자
🇸🇦 تجار التجزئة
🇨🇿 maloobchodníci
🇸🇰 maloobchodníci
🇨🇳 零售商
🇸🇮 trgovci na drobno
🇮🇸 smásalar
🇰🇿 бөлшек саудагерлер
🇬🇪 საცალო მოვაჭრეები
🇦🇿 pərakəndə satıcılar
🇲🇽 minoristas