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Department Stores

Definition

Large retail establishments that sell a wide variety of goods. They are usually divided into departments such as clothing, home goods, cosmetics, and electronics.

Analogy

Think of department stores like a shopping mall all under one roof. Just like how you can go to different stores in a mall for different items, you can go to different departments in a department store for specific types of products.

Related terms

Retail: The sale of goods directly to consumers.

Consumerism: A social and economic order that encourages the acquisition of goods and services in ever-increasing amounts.

Chain Store: A group of retail outlets owned by the same company, each selling the same merchandise.



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© 2024 Fiveable Inc. All rights reserved.

AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.