What Are The Advantages And Disadvantages Of Departmental Store? Need for Heavy Amount of Capital. … Lack of the Facility of Credit. … Heavy Operating Expenses. … High Prices. … Lack of Personnel Services. … Social Discrepancy. … Located at Central Place. … Difficult to Manage. What are advantages of departmental stores? Top advantages of
What Was The Purpose Of Department Stores? department store, retail establishment that sells a wide variety of goods. These usually include ready-to-wear apparel and accessories for adults and children, yard goods and household textiles, small household wares, furniture, electrical appliances and accessories, and, often, food. Why was department stores created? As they developed early in
What Are The Advantages Of A Departmental Stores? (1) Economies of Bulk Purchases: (2) Providing Variety of Products: (3) Convenience of Choice: (4) Economy in Advertising: (5) Centrally Located: (6) Providing Services to Customers: (7) Employing Specialists: (8) Lesser Selling Costs: What are the disadvantages of departmental stores? Large investment of capital. Large amount of