Electronic data interchange (EDI) is the concept of businesses electronically communicating information that was traditionally communicated on paper, such as purchase orders and invoices. Technical standards for EDI exist to facilitate parties transacting such instruments without having to make special arrangements.
The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) U.S. antitrust law and the promotion of consumer protection. The FTC shares jurisdiction over federal civil antitrust enforcement with the Department of Justice Antitrust Division. The agency is headquartered in the Federal Trade Commission Building in Washington, DC.
Discounts and allowances are reductions to a basic price of goods or services.
The list price, also known as the manufacturer's suggested retail price (MSRP), or the recommended retail price (RRP), or the suggested retail price (SRP) of a product is the price at which the manufacturer recommends that the retailer sell the product. The intention was to help standardize prices among locations. While some shops/stores always sell at, or below, the suggested retail price, others do so only when items are on sale or closeout/clearance.
The National Electric Light Association (NELA) was a national United States trade association that included the operators of electric central power generation stations, electrical supply companies, electrical engineers, scientists, educational institutions and interested individuals. Founded in 1885 by George S. Bowen, Franklin S. Terry and Charles A. Brown, it represented the interests of private companies involved in the fledgling electric power industry that included companies like General Electric, Westinghouse and most of the country's electric companies. The NELA played a dominant role in promoting the interests and expansion of the U.S. commercial electric industry. The association's conventions became a major clearinghouse for technical papers covering the entire field of electricity and its development, with a special focus on the components needed for centralized power stations or power plants. In 1895 the Association sponsored a conference that led to the issue of the first edition of the U.S. National Electrical Code. Its rapid growth mirrored the development of electricity in the U.S. that included regional and statewide affiliations across the country and Canada. It was the forerunner of the Edison Electric Institute. Its highly aggressive battle against municipal ownership of electric production led to extensive federal hearings between 1928-35 that led to its demise. Its logo is an early depiction of Ohm's law which is "C equals E divided by R," or "the current strength in any circuit is equal to the electromotive force divided by the resistance," or the basic law of electricity. It was established in 1827 by Dr. G. S. Ohm.
In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product.
A nursing bra is a specialized brassiere that provides additional support to women who are lactating and permits comfortable breastfeeding without the need to remove the bra. This is accomplished by specially designed bra cups that include flaps which can be opened with one hand to expose the nipple. The flap is usually held closed with a simple clasp or hook.
The Wonderbra is a type of push-up underwire brassiere that gained worldwide prominence in the 1990s. Although the Wonderbra name was first trademarked in the U.S. in 1955, the brand was developed in Canada. Moses (Moe) Nadler, founder and majority owner of the Canadian Lady Corset Company, licensed the trademark for the Canadian market in 1939. By the 1960s the Canadian Lady brand had become known in Canada as "Wonderbra, the company." In 1961 the company introduced the Model 1300 plunge push-up bra. This bra became one of the best-selling Canadian styles and is virtually identical to today's Wonderbra.
Somerfield was a chain of small to medium-sized supermarkets operating in the United Kingdom. The company also previously owned the Kwik Save chain of discount food stores. The company was taken over by the Co-operative Group on 2 March 2009 in a £1.57 billion deal, creating the UK's fifth-largest food retailer. The Somerfield name was replaced by the Co-operative brand in a rolling programme of store conversions ending in summer 2011.
A slotting fee, slotting allowance, pay-to-stay, or fixed trade spending is a fee charged to produce companies or manufacturers by supermarket distributors (retailers) in order to have their product placed on their shelves. The fee varies greatly depending on the product, manufacturer, and market conditions. For a new product, the initial slotting fee may be approximately US$25,000 per item in a regional cluster of stores, but may be as high as US$250,000 in high-demand markets.
A rebate is a form of buying discount and is an amount paid by way of reduction, return, or refund that is paid retrospectively. It is a type of sales promotion that marketers use primarily as incentives or supplements to product sales. Rebates are also used as a means of enticing price-sensitive consumers into purchasing a product. The mail-in rebate (MIR) is the most common. A MIR entitles the buyer to mail in a coupon, receipt, and barcode in order to receive a check for a particular amount, depending on the particular product, time, and often place of purchase. Rebates are offered by either the retailer or the product manufacturer. Large stores often work in conjunction with manufacturers, usually requiring two or sometimes three separate rebates for each item, and sometimes are valid only at a single store. Rebate forms and special receipts are sometimes printed by the cash register at time of purchase on a separate receipt or available online for download. In some cases, the rebate may be available immediately, in which case it is referred to as an instant rebate. Some rebate programs offer several payout options to consumers, including a paper check, a prepaid card that can be spent immediately without a trip to the bank, or even as a PayPal payout.
Scan-based trading (SBT) is the process where suppliers maintain ownership of inventory within retailers' warehouses or stores until items are scanned at the point of sale. Suppliers, such as manufacturers or farmers, own the product until it is purchased by the customer, with the store or venue then buying the product from the supplier and reselling it to the customer. Analysts in the grocery sector estimate scan-based trading accounted for $21 billion dollars in consumer goods purchased in the grocery industry alone in 2020, or nearly 3% of overall sales.
In the United States, commercial radio stations make most of their revenue by selling airtime to be used for running radio advertisements. These advertisements are the result of a business or a service providing a valuable consideration, usually money, in exchange for the station airing their commercial or mentioning them on air. The most common advertisements are "spot commercials", which normally last for no more than one minute, and longer programs, commonly running up to one hour, known as "informercials".
The history of bras is inextricably intertwined with the social history of the status of women, including the evolution of fashion and changing views of the female body.
A rate card is a document containing prices and descriptions for the various ad placement options available from a service sector such as a media outlet.
A bra, short for brassiere or brassière, is a form-fitting undergarment typically designed to support or cover a woman's breasts. Bras are designed for a variety of purposes, including general breast support, enhancing or diminishing the appearance of breast size, creating cleavage, or other aesthetic or practical considerations. Swimsuits, camisoles, and backless dresses may have built-in breast support with supportive bra cups. Nursing bras are designed to facilitate breastfeeding. Some people have a medical and surgical need for brassieres, but most wear them for fashion or cultural reasons. There is no evidence that bras prevent breasts from sagging and one study even suggests the opposite, with the exception of wearing them during sports exercises.
Undergarments or underwear are items of clothing worn beneath outer clothes, usually in direct contact with the skin, although they may comprise more than a single layer. They serve to keep outer garments from being soiled or damaged by bodily excretions, to lessen the friction of outerwear against the skin, to shape the body, and to provide concealment or support for parts of it. In cold weather, long underwear is sometimes worn to provide additional warmth. Special types of undergarments have religious significance. Some items of clothing are designed as undergarments, while others, such as T-shirts and certain types of shorts, are appropriate both as undergarments and as outer clothing. If made of suitable material or textile, some undergarments can serve as nightwear or swimsuits, and some are intended for sexual attraction or visual appeal.
A bicycle cooperative can take the many forms of the cooperative model. These often include co-ops composed of businesses to achieve economies of scale, co-ops managed by those who work at the business, and bicycle co-ops owned and managed by the cyclists that use their services. To date, many bicycle co-ops have taken the form of community bike shops and cooperatives organized to give the Local bike shop national scale and buying power.
United States v. Parke, Davis & Co., 362 U.S. 29 (1960), was a 1960 decision of the United States Supreme Court limiting the so-called Colgate doctrine, which substantially insulates unilateral refusals to deal with price-cutters from the antitrust laws. The Parke, Davis & Co. case held that, when a company goes beyond "the limited dispensation" of Colgate by taking affirmative steps to induce adherence to its suggested prices, it puts together a combination among competitors to fix prices in violation of § 1 of the Sherman Act. In addition, the Court held that when a company abandons an illegal practice because it knows the US Government is investigating it and contemplating suit, it is an abuse of discretion for the trial court to hold the case that follows moot and dismiss it without granting relief sought against the illegal practice.
Steven Geoffrey Murrells is a British businessman, the chief executive of The Co-operative Group, and the former chief executive of Co-op Food. Co-op Food has over 2,800 stores in the UK – at least one in every postal area. It is the sixth largest food retailer in the UK. Co-op Food turns over around £9.5bn, with around 6% of the grocery market.
