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Home » Retail » Types of Retailing Outlet » Department Store

Department Store

In todays world when people are literally racing against time almost all consumers look for a complete solution in terms of shopping. This need has initiated the advent of the concept of Department Store, a great innovation in the field of Retail industry worldwide. Most of these Department Stores cater to all our needs providing a wide gamut of products which includes not only apparels, cosmetics or accessories but also more important goods like electronics,home products,hardware,sporting goods,jewelry just to name a few. Almost all major urban and even the suburban cities in all countries lend a host of great Department Store attracting all shopping buffs from across borders.
Having begun as early as in the year 1785, the modern Department Store has indeed trodden a long way evolving to a great extent. With all major global retail giants setting their own Department Store, buyers can expect an array of customer savvy services from these places. Gaining popularity since the early 20th century, Department Store has marched steadily ahead almost revolutionizing the shopping experience.

Hudson's Bay Company in Canada was one of the first of its kind, which brought the preliminary concept of Department Store in the western world. However, the very first Department Store was floated in the city of Paris, in the year 1838, and was named Le Bon Marché. With a plethora of services, this unique store was one of the first to sell commodities at a fixed price only, with excellent refund and exchange facilities. A Department Store is a retail store which is engaged in the selling of a wide range of products without a single predominant merchandise line. Products range from apparel, furniture, appliances, jewellery, toys, electronics, even hardware, toiletries, cosmetics, photographic equipment, and sports goods. Being a part of a retail chain, a particular Department Store can be found in manifold locations, in fact cutting across geographical boundaries.
Any Department Store is further classified as Upscale Department Stores, Mid-Range Department Store and Discount Department Store or even known as Superstore. Catering to a niche market some great names in the field of upscale department stores are Nordstrom, Dillard's, Macy's, Lord & Taylor etc. Commodities sold here are generally highly priced and include top international brands like Dior, Chanel, Versace, Lacoste, etc. Apart from apparels and accessories, you can also get household appliances or even a whole range of electronic appliances.

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