An investment is an asset acquired with the goal of generating income or appreciation in the future. It involves purchasing goods that are not consumed today but are used to create future wealth, such as by providing income or being sold at a higher price for a profit. General merchandise refers to retail products and goods that are not limited to a particular category, and general stores carry these general or varied product lines rather than specializing. Sari-sari stores in the Philippines similarly offer a variety of convenience goods to serve community needs, operating on a small scale from family homes.
An investment is an asset acquired with the goal of generating income or appreciation in the future. It involves purchasing goods that are not consumed today but are used to create future wealth, such as by providing income or being sold at a higher price for a profit. General merchandise refers to retail products and goods that are not limited to a particular category, and general stores carry these general or varied product lines rather than specializing. Sari-sari stores in the Philippines similarly offer a variety of convenience goods to serve community needs, operating on a small scale from family homes.
An investment is an asset acquired with the goal of generating income or appreciation in the future. It involves purchasing goods that are not consumed today but are used to create future wealth, such as by providing income or being sold at a higher price for a profit. General merchandise refers to retail products and goods that are not limited to a particular category, and general stores carry these general or varied product lines rather than specializing. Sari-sari stores in the Philippines similarly offer a variety of convenience goods to serve community needs, operating on a small scale from family homes.
An investment is an asset or item acquired with the
goal of generating income or appreciation. In an
economic sense, an investment is the purchase of goods that are not consumed today but are used in the future to create wealth. In finance, an investment is a monetary asset purchased with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit. General line of merchandise From Wikipedia, the free encyclopedia Jump to navigationJump to search
A typical rural general store
General line of merchandise or general merchandise is a term used in retail and wholesale business in reference to merchandise not limited to some particular category. General merchandise stores (general stores) address this sector of retail. According to the North American Industry Classification System 2002, the following types of general merchandise are excluded from the line carried by general stores:[1] general line of building and home improvement materials (44411, Home Centres) general line of grocery items (44511, Supermarkets and
Other Grocery (except Convenience) Stores)
general line of used goods (45331, Used Merchandise
Stores) Regardless of this classification system, general stores indeed carry basic grocery items, often limited produce, basic hardware and gardening tools, and other necessaries of rural life.
Sari-sari stores have higher prices when compared to
supermarkets but provides several benefits to their customers. The sari-sari store allows members of the community easy access to basic commodities at low costs. ... The store may also allow purchases on credit to their customer sari-sari store, or neighborhood sundry store,[1] is a convenience store found in the Philippines. The word sari-sari is Tagalog meaning "variety" or "sundry". Such stores form an important economic and social location in a Filipino community and is ubiquitous in neighborhoods and streets. Sari-sari stores tend to be family-run and privately owned [1] operating within the shopkeeper's residence. Commodities are displayed in a large screen-covered or metal barred window in front of the shop.[2]Candies in recycled jars, canned goods and cigarettes are displayed while cooking oil, salt and sugar are stored at the back of the shop. Prepaid mobile phone credits are provided.[2] The sari-sari store operates with a small revolving fund,[1] and generally doesn't provide perishable goods requiring refrigeration.[3] The few that do, have refrigerators to store soft drinks, beers and bottled water.[2]
IJRFM Volume 2, Issue 2 (February 2012) (ISSN 2231-5985) Marketing Strategies Adopted by Retailers in Retail Store: A Case Study of Max Lifestyle Store-Phoneix Mall, Lucknow