MANAGEMENT

Detailed explanation-1: -The department store mode of retailing consists of three different categories: the department store chain, the national retail holding company, and the independent department store. These different modes of retailing are described in the following section.

Detailed explanation-2: -General Merchandise Examples The general merchandise product list includes shoes, clothes, home appliances, beauty products, pharmaceutical products, jewelry, and food products. They may not all be under one roof like the case of discounted stores, but they sell one or more of the products listed.

Detailed explanation-3: -The major types of general merchandise retailers are department stores, full-line discount stores, specialty stores, drug stores, category specialists, home improvement centers, and off-price retailers.

Detailed explanation-4: -The two types of merchandisers are wholesalers and retailers.