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How opening a retail outlet can help wholesalers Opening a retail outlet of wholesale business is in every way helpful and beneficial. Any person without prior knowledge of supply chain management finds it difficult to open and run the retail store. While on other hand a wholesaler who is a veteran in supply chain management techniques, when opens a retail outlet it is quite easy for him to run the retail store. Some of the major benefits for wholesalers in opening retail out are discussed below. Manufacturers, distributors, wholesalers, retailers, etc all are links in supply chain and all holds important position. They all work independently on their positions and generate profit for themselves. If one link is removed then the supply chain becomes incomplete and disturbs the whole B2B dealings. In other case if two links merge themselves together then result will be opposite. In simple words it means that if wholesaler merges it self into retailer then the wholesaler would generate unprecedented profits while delivering the products to end-consumer in less prices and the whole supply chain circle will be completed sooner then the later. As talked earlier that...more
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Big changes for big-box landscape: Large national retailers go small By IBISWorld industry analyst Janet ShimGeneral retail salesDespite concerns about rising gas prices, IBISWorld projects that sales generated from big-box stores will remain steady in the coming months.Big-box stores like Walmart and Target provide one-stop shopping...more
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