Chapter fifthteen: Retailing
Retailing- All the activities directly related to the sale of goods and services to the ultimate consumer for personal, nonbusiness use.
What kind of store is Nike?
Nike is a franchise, a franchise is a continuing relationship in which a franchiser grants to a franchisee rights to operate or sell a product. Even though Nike has its own stores around the world, they allow other stores like Footlocker and Modells to sell their products.
They also do electronic retailing(online retailing) which is, a type of shopping available to consumers with personal computers and access to the Internet. Nike many have operations in 160 countries but that doesn't mean that there is an actual Niketown store near you but there are many others stores that sell their products. If that isn't good enough, Nike has their website online which is: http://www.nike.com/us/en_us/.
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