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- Retailers perform various functions such as sorting, breaking bulk, holding stock, as a channel of communication, storage, advertising and certain additional services1. The four major activities carried out by retailers are2:
- Arrange for assortment of offerings
- Breaking quantity
- Holding stock
- Extending services Arranging Assortment
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Retailers play a significant role as a medium between manufacturers, wholesalers, suppliers, and consumers. In this context, they perform various functions like sorting, breaking bulk, holding stock, as a channel of communication, storage, advertising and certain additional services.
www.businessmanagementideas.com/retail-market…Retailers provide convenient location, stock and appropriate mix of merchandise in suitable packages in accordance with the needs of customers. The four major activities carried out by retailers are: Arrange for assortment of offerings Breaking quantity Holding stock Extending services Arranging Assortmentwww.mbaknol.com/retail-management/activities-pe…Key Functions Performed by a Retailer A retailer performs the dual functions of buying and assembling of goods. The responsibility of a retailer is to identify the most economical source for obtaining the goods from the suppliers and passing on the advantages to the consumer. The retailers perform the functions of warehousing and storing.managementstudyguide.com/characteristics-functi… - People also ask
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