Institutional Traders Vs Retail Traders
Secondary – The secondary trade area produces an additional 15 to 20 percent of a store’s sales. Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money. The sale of commodities in small quantities or parcels; – opposed to wholesale; sometimes, the sale of commodities at second hand.
They arrange the purchase or sale of goods for resale (i.e., goods sold to other wholesalers or retailers), capital or durable nonconsumer goods, and raw and intermediate materials and supplies used in production. Establishments performing these activities may be sales branches maintained by manufacturing, refining, or mining enterprises apart from their plants or mines for the purpose of selling their products. They also may be agents or brokers who arrange for the purchase or sale of goods owned by others, often on a commission basis. A hypermarket resembles a warehouse-type retail store that offers many of the features of a grocery store, department store, and specialty store rolled into one. These are typically very large retail trade locations, such as SPAR Hypermarket, and are a type of one-stop shopping for many needs. A supply chain is a process the occurs between companies and suppliers in order to distribute products to end users.
Goods marked with these tags can be located even if they are still in packing crates. Technologically advanced distribution centres, and the practice of cross-docking are also innovations that arrived in Canada with the US retailing giants. More in-house truck transportation operations ($157,369 million) than for-hire truck transportation services ($17,513 million). In-house truck transportation operations accounted for nearly two-thirds (56.3 percent) of all transportation services used by the sector. Done at retail; engaged in retailing commodities; as a retail trade; a retail grocer. Discounters sell a wide variety of products that are often privately labeled or generic brands at below-retail prices.
Clothing retailers usually have the highest margin rates (typically about 50%), while retailers of motor vehicles and gasoline tend to have lower margin rates (usually less than 20%). Margins cover expenses such as operating storage or retailing facilities, fuel & trucking services, supplies, rent and wages as well as a return to the owner. In some cases, the margin represents a relatively small percentage of the final selling price. For example, most of the selling price of a car goes to the manufacturer rather than the dealer. It’s not uncommon for supermarkets to have in-store pharmacies, flower shops, and even bank branches on-site. They may also sell clothing, books and other dry goods, and rent out cleaning equipment and videos.
For wholesalers and retailers, the value of production is not the same as total sales. Selling prices include the cost of goods sold plus a margin, which is a measure of the value of the services provided by a wholesale or retail establishment. More recently, a number of important retailing innovations have originated in the US.