Last week we posted the first part of our glossary for retail industry. This week decided to add some terms that more related to the finance of the company. Who pays for delivery? What is the discount and payment date? Here you have it all:
In every industry there are some words that make you sound like an expert and are only insiders know what you are talking about (more or less). Retail industry loves all the acronyms and phrases that only sound complicated. The retail jargon can be confusing even for the insiders so we compiled a list of commonly used terms to make sound like an expert too :)
We summarize 7 key trends from this year Big Show in New York. As its name suggests, the Retail’s Big Show organized every year in New York by the NRF (National Federation of Retail) is the bigest industry event in US.
Thanks to relative political stability and strong oil and gas prices, Russia's retail turnover more than quintupled from 2001 to 2011 and now exceeds US$600 billion annually. Data suggest that this sector is entering the steepest part of its growth curve. How will Russia's retailers face the challenges of this critical period of expansion? Will foreign retailers manage to get a slice of this growing pie?
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