Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufac
A grocery and cosmetics store in Tangier, Morocco
The retailer also considers the overall strategic position and retail image.
The retail marketing mix or the 6 Ps of retailing
A typical supermarket carries an assortment of between 30,000 and 60,000 different products.
The study of the history of marketing, as a discipline, is important because it helps to define the baselines upon which change can be recognised and understand how the discipline evolves in response
The term 'marketing' comes from the Latin, 'mercatus', meaning a marketplace. Pictured: La Boqueria, Barcelona, Spain
Scholars have found evidence of marketing practices in the marketplaces of antiquity. Pictured: The Moorish Bazaar, painting by Edwin Lord Weeks, 1873
In pre-literate societies, the distinctive shape of amphora served some of the functions of a label, communicating information about region of origin, the name of the producer and may have carried product quality claims
Mosaic showing garum container, from the house of Umbricius Scaurus of Pompeii. The inscription which reads "G(ari) F(los) SCO(mbri) SCAURI EX OFFI(CI)NA SCAURI" has been translated as "The flower of garum, made of the mackerel, a product of Scaurus, from the shop of Scaurus"