YELLOW #00 FIRST EVER ISSUE OF YELLOW MAGAZINE | Seite 75

Retailing – Retail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser.

RRP- Recommend Retail Price

Semiotics- The study of signs

Size of store according to number of employees:

•Micro Business = Less than 10 employees & turnover under £2 million

•Small Business = Less than 50 employees & turnover under £10 million

•Medium Business = Less than 250 employees & turnover under £50 million

•Large business = EITHER more than 250 employees OR more than £50M turnover.

•Turnover- How much they company is making through sales

Skill - An ability to do an activity or job well, especially because you have practiced it

Specialist store – Specialises in one particular type of product or service, can be a chain i.e. The Sunglasses Hut, stores are often smaller in sized

Subscription - An arrangement to receive something, typically a publication, regularly by paying in advance

Supermarket – Larger store, sells groceries, some sell non-food merchandise, self service, at least 3 checkouts, car parking facilities

Dongdaemun Design Plaza,

Seoul, South Korea

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