rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 
Rediff.com  » Business » Amazing images reveal business of shopping

Amazing images reveal business of shopping

Last updated on: March 30, 2012 08:49 IST

Amazing images reveal business of shopping

     Next

Next

To some people, shopping is considered a recreational and diversional activity in which one visits a variety of stores with a premeditated intent to purchase a product. To others, shopping is a task of inconvenience and vexation.

Let's take a look at how the world shops.

TEXT: Courtesy, Wikipedia

Click NEXT to see more...


Image: Passers-by are reflected in a clothing store window with a discount sign in Marseille, France.
Photographs: Jean-Paul Pelissier/Reuters
Tags: Click , TEXT , Wikipedia

     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

Fairs and markets have a long history that started when man felt the need to exchange goods. People would shop for goods at a weekly market in nearby towns.

Click NEXT to read more...


Image: A woman carries a shopping bag from Macy's department store as she walks along 34th street in New York City.
Photographs: Mike Segar/Reuters
Tags:

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

Then shops began to be permanently established. Shops were specialized , e.g. a bakery, a butchery, a grocer. Then supermarkets appeared.

Click NEXT to read more...


Image: A mannequin of late US actress Marilyn Monroe is seen in a shop window Nice, France.
Photographs: Eric Gaillard/Reuters
Tags:

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

Stores are divided into multiple categories of stores which sell a selected set of goods or services. Usually they are tiered by target demographics based on the disposable income of the shopper. They can be tiered from cheap to pricey.

Click NEXT to read more...


Image: Discount signs are displayed in a clothing store window in Strasbourg, France.
Photographs: Vincent Kessler/Reuters
Tags:

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

Many shops are part of a shopping centre that carry the same trademark (company name) and logo using the same branding, same presentation, and sell the same products but in different locations.

Click NEXT to read more...


Image: A woman carries shopping bags in Strasbourg, France.
Photographs: Vincent Kessler/Reuters
Tags:

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

The shops may be owned by one company, or there may be a franchising company that has franchising agreements with the shop owners often found in relation to restaurant chains.

Click NEXT to read more...


Image: A shopper holds her purchases as she walks down the street at Herald Square in New York.
Photographs: Eric Thayer/Reuters
Tags:

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

Various types of retail stores that specialise in the selling of goods related to a theme include bookstores, boutiques, candy shops, liquor stores, gift shops, hardware stores, hobby stores, pet stores, pharmacys, and supermarkets.

Click NEXT to read more...


Image: A woman passes a sign saying 'All Stock Must Go' in Croydon, London.
Photographs: Luke MacGregor/Reuters
Tags:

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

Other stores such as big-box stores, hypermarkets, convenience stores, department stores, general stores, dollar stores sell a wider variety of products not horizontally related to each other.

Click NEXT to read more...


Image: Shoppers use escalators inside a shopping mall in Singapore.
Photographs: Vivek Prakash/Reuters
Tags:

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

Shopping frenzies are periods of time where a burst of spending occurs - typically near holidays in the United States, with Christmas shopping being the biggest shopping spending season, starting as early as October and continuing until after Christmas.


Image: A combination of nine photographs shows a variety of sale signs in Oxford Street, central London.
Photographs: Andrew Parsons/Reuters

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

Some religions regard such spending seasons as being against their faith and dismiss the practice. Many question the over-commercialisation and the response by stores that downplay the shopping season.

Click NEXT to read more...


Image: A woman sleeps after shopping during 'Black Friday' sales at the Dadeland Mall in Miami.
Photographs: Carlos Barria/Reuters
Tags:

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

The pricing technique used by most retailers is cost-plus pricing. This involves adding a markup amount (or percentage) to the retailers' cost.

Another common technique is manufacturers suggested list pricing. This simply involves charging the amount suggested by the manufacturer and usually printed on the product by the manufacturer.

Click NEXT to read more...


Image: Shoppers carry bags on Princes Street in Edinburgh.
Photographs: David Moir/Reuters
Tags:

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

In Western countries, retail prices are often called psychological prices or odd prices: a little less than a round number, e.g. $6.95.

In Chinese societies, prices are generally either a round number or sometimes some lucky number. This creates price points.

Click NEXT to read more...


Image: People are reflected on a shop window in Seville, Spain.
Photographs: Marcelo del Pozo/Reuters
Tags: , Western

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

Often, prices are fixed and price discrimination can lead to a bargaining situation often called haggling, a negotiation about the price. Economists see this as determining how the transaction's total economic surplus will be divided between consumers and producers.

Neither party has a clear advantage because the threat of no sale exists, in which case the surplus would vanish for both.

Click NEXT to read more...


Image: Customers look for shoes at a market in Hefei, east China's Anhui province.
Photographs: Jianan Yu/Reuters
Tags:

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

A shopping mall, shopping centre, shopping arcade, shopping precinct or simply mall is one or more buildings forming a complex of shops representing merchandisers, with interconnecting walkways enabling visitors to easily walk from unit to unit, along with a parking area - a modern, indoor version of the traditional marketplace.

Click NEXT to read more...


Image: Shoppers fill Regent Street in central London.
Photographs: Andrew Winning/Reuters
Tags:

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

Modern "car-friendly" strip malls developed from the 1920s, and shopping malls corresponded with the rise of suburban living in many parts of the Western World, especially the United States, after World War II.

Click NEXT to read more...


Image: A woman walks past a shop window displaying 'sale' signs on Oxford Street in central London.
Photographs: Jas Lehal/Reuters

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

From early on, the design tended to be inward-facing, with malls following theories of how customers could best be enticed in a controlled environment.

Click NEXT to read more...


Image: A store front window is covered with the world 'sale' at retail clothing shop in London.
Photographs: John Schults/Reuters
Tags:

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

Similar, the concept of a mall having one or more "anchor" or "big box" stores was pioneered early, with individual stores or smaller-scale chain stores intended to benefit from the shoppers attracted by the big stores.

Click NEXT to read more...


Image: Women carry shopping bags as they look at a window display of a jewellery shop in central Paris.
Photographs: Charles Platiau/Reuters
Tags:

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

In most of the places the term shopping centre is used, especially in Europe, Australia and South America; however shopping mall is also used, predominantly in North America and the Philippines.

Click NEXT to read more...


Image: A shopper is reflected in a shoe shop window in downtown Rome.
Photographs: Alessia Pierdomenico/Reuters

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

In North America, the term shopping mall is usually applied to enclosed retail structures (and is generally abbreviated to simply mall), while shopping centre usually refers to open-air retail complexes; both types of facilities usually have large parking lots, face major traffic arterials and have few pedestrian connections to surrounding neighbourhoods.

Click NEXT to read more...


Image: A woman walks past a shop in central London.
Photographs: Eddie Keogh/Reuters

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

Shopping centres in the United Kingdom can be referred to as shopping centres or shopping precincts. The standard British pronunciation of the word mall rhymes with pal, as in The Mall, London - the tree-lined avenue leading to Buckingham Palace, London.

Click NEXT to read more...


Image: Customers use the escalators at a shopping centre in central Sydney.
Photographs: Daniel Munoz/Reuters

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

Mall can refer to either a shopping mall - a place where a collection of shops all adjoin a pedestrian area - or an exclusively pedestrianised street that allows shoppers to walk without interference from vehicle traffic.

Click NEXT to read more...


Image: Shoppers pass sales signs in shop windows in Oxford Street, London.
Photographs: Toby Melville/Reuters
Tags:

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

Mall is generally used in North America to refer to a large shopping area usually composed of a single building which contains multiple shops, usually "anchored" by one or more department stores surrounded by a parking lot.

Click NEXT to read more...


Image: Shoppers sit outside a retail store in Oxford Street in central London.
Photographs: Toby Melville/Reuters

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

The term arcade is more often used, especially in Britain, to refer to a narrow pedestrian-only street, often covered or between closely spaced buildings.

Click NEXT to read more...


Image: Women look at displays in a H&M store in Tokyo's Ginza shopping district.
Photographs: Toru Hanai/Reuters
Tags: , Britain

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

The majority of British shopping centres are located in city centres, usually found in old and historic shopping districts and surrounded by subsidiary open air shopping streets.

Click NEXT to read more...


Image: Fake foreign brand handbags are displayed inside a store at Baiyun World Leather Market in the southern Chinese city of Guangzhou.
Photographs: Melanie Lee/Reuters
Tags: , British

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

The MetroCentre, in Gateshead (near Newcastle upon Tyne), is the largest shopping centre in Europe with over 330 shops, 50 restaurants and an 11 screen cinema and Westfield London is the largest inner-city shopping centre in Europe.

Click NEXT to read more...


Image: Consumers look at shoes on display at a shop in Nanjing, Jiangsu province, China.
Photographs: Sean Yong/Reuters

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

Bullring, Birmingham, is the busiest shopping centre in the United Kingdom welcoming over 36.5 million shoppers in its opening year.

Click NEXT to read more...


Image: A woman walks by a shop with discount signs announcing summer sales in Paris.
Photographs: Charles Platiau/Reuters

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

In Hong Kong, the term "shopping centre" is the most frequently used, and the name of a shopping centre in Hong Kong usually contains the word "centre" or "plaza".

Click NEXT to read more...


Image: Shoppers wait for the doors to open on the first day of the Harrods sale in London.
Photographs: Luke MacGregor/Reuters
Tags: Hong Kong

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

The same is true for Portuguese-speaking Brazil, though with American spelling shopping center.

Click NEXT to read more...


Image: A man looks at a window display of jewellery on Grafton Street, Dublin.
Photographs: Cathal McNaughton/Reuters
Tags: , Brazil , American

Prev     Next

Amazing images reveal business of shopping

Prev     Next
Prev

Next

The largest mall ever is South China Mall in Dongguan, China with gross floor area of 9,600,000 sq ft. The world's second-largest shopping mall is the Golden Resources Mall in Beijing, China with gross floor area of 7,300,000 sq ft.

Click NEXT to read more...


Image: A woman pulls shopping carts in Torrington, Connecticut.
Photographs: Jessica Rinaldi/Reuters

Prev     Next

Amazing images reveal business of shopping

Prev     More
Prev

More

The SM City North EDSA in the Philippines, which opened in November 1985, is the world's third-largest at 5,000,000 sq ft of gross floor area, and SM Mall of Asia in the Philippines, opened in May 2006, is the world's fourth largest at 4,150,000 sq ft of gross floor area.


Image: Shoppers walk along on Oxford Street in London.
Photographs: Finbarr OReilly/Reuters

Prev     More