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What Is Specialty Retail?

What Is Specialty Retail?

Specialty retail is a way of referring to retail stores which focus on a specific product category or sub-category, rather than a broad range of product lines. As a...
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What does MAP stand for in retail?

What Does MAP Stand For In Retail?

In a retail context, MAP stands for ‘Minimum Advertised Price”. This is the lowest price, decided by the manufacturer of a product, which they will allow that...
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What Is Retail Sales

What Is Retail Sales

Retail sales is the selling of goods to the end user, whether this user is a customer or a business. Examples of this may be a customer buying groceries from a...
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