FM 114 Lecture Notes - Lecture 18: Direct Selling, T.J. Maxx, Outlet Store

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The first department store is generally agreed to be bon march , in paris in the mid-1800s themselves after the most sophisticated european cities. The urban population of new york, philadelphia and boston modeled. Originally three types of (cid:498)retailing(cid:499) existed in america, matching the rural population. The home of indians (native american), traders, and explorers. They sold only basics, as was the need of the above market segment, correctly marketing what the customer wanted. As the settling of territory in america takes place, women emerge as customers and start to standardize prices, although bartering is still taking places. Become social centers and remain so, particularly out in the provinces and suburbs. These become the general merchandise, specialty, and discounters of today. Door-to-door salesmen were the outgrowth of medieval peddlers. No longer viable, they are rare today. The final element in the development of modern retailing in the midwest.

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