Week:7 Retailing

Retailing is the sale of goods or services that benefit our lives. It can come in the form of clothing, accessories, to electronic goods. In New York City alone there are over 100,000 different retail boutiques that specialize in different goods. Retail employees more than 24 million people across the United States. There are a great deal of different characteristics that can define a retail store from what their selling to their actual store design and their prices. In Tom's shoes case their product is a moderately priced footwear. Tom's shoes does not have an actual store in which you can shop at, but their shoes can be found in other stores. For example Urban Outfitters, a chainstore that supplies clothing and shoes usually directed at younger fashion conscious public. They have Tom's shoes in their retail stores because they saw the trend in the environmentally friendly comfort fashion shoe.