Page 1 - L5
P. 1

SAI INTERNATIONAL SCHOOL



                                                      CLASSS XI
                                        SUBJECT: BUSINESS STUDIES

                                                    CHAPTER -9,

                                                     Internal Trade

               Topics: Fixed shop — Large stores, Departmental stores, Chain Stores or Multiple Shops.

                                               (LESSON NOTES-44)



               Fixed shop — Large stores

               1. Departmental stores

               A departmental store is a large establishment offering a wide variety of products, classified into

               well  defined  departments,  aimed  at  satisfying  practically  every  customer’s  need  under  one
               roof. It has a number of departments, each one confining its activities to one kind of product.

               For example, there may be separate departments for toiletries, medicines, furniture, groceries,

               electronics, clothing and dress material within a store.

               Thus, they satisfy diverse market segments with a wide variety of goods and services. It is not
               uncommon  for  a  department  store  in  the  United  States  of  America  to  carry  ‘needle  to  an

               aeroplane’ or ‘all shopping under one roof.’  Everything from ‘a pin to an elephant’ is the spirit

               behind a typical department store. In India real departmental stores have not yet come in a big

               way in the retailing business. However, some stores on this line in India include ‘Akberally’ in
               Mumbai and ‘Spencers’ in Chennai.



               Some of the important features of a departmental store are as follows:

               (a)  A  modern  departmental  store  may  provide  all  facilities  such  as  restaurant,  travel  and
               information bureau, telephone booth, restrooms, etc. As such they try to provide maximum

               service to higher class of customers for whom price is of secondary importance.

               (b) These stores are generally located at a central place in the heart of a city, which caters to a

               large number of customers.
   1   2   3   4   5