Exam 12: International Retailing

In the process of internationalization, many retailers are subscribing to the current trend of consolidation in the food and general merchandise sectors.

While off-price retailers are popular in the United States and Canada, there are limited opportunities in the rest of the world for purchasing brand names at a discount.

____________________ retailing allows local retailers to become international retailers without having to make investments in store leases, aesthetics, or atmospherics.

Central European department stores have a substantial presence of leased departments that offer noncompeting products.

Which of the following is not an example of a category specialist?

The ____________________ category includes combination stores and hypermarkets.

The top European grocery retailers command a forty percent market share in Europe.

Mango, Zara, and Marks & Spencer are examples of ____________________ stores.

Which retail category is not included in the "superstore" classification?

Factory outlet stores and close-out retailers are examples of

While department stores remain a dominant retail outlet in Asia, they are currently displaying symptoms of decline.

Regarding superstores, hypermarkets have been more successful than combination stores in the United States.

_________________________ usually offer high-turnover, brand-name goods at discount prices.

According to the text, which innovation has caused vending machine retailing to become more popular than ever?

Wal-Mart's primary focus is on Latin American expansion.

Describe some of the obstacles that affect catalog retailing in developing countries.

Unlike Kmart, Wal-Mart is expanding internationally using mainly a ____________________ format

_________________________ offer the possibility of a one-stop shopping experience.

Internet retailing, also known as interactive home shopping or ____________________ retailing, is quickly becoming an important retail format.

In most of the developing world, direct selling is in which stage?