1. Business & Finance

Glossary of Retailing Terminology - Index of B Terms

Learn more about the retail business by browsing this dictionary of retailing terminology. The following retail-related words on this page feature definitions of terms beginning with the letter B. For detailed descriptions, view the individual glossary entry page for each term.

Glossary Index: A | B | C | D | E | F | G| H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Big Box Stores

Large stand-alone store with varying market niches.

Bill of Lading

A bill of lading is a document used as evidence that a transport company or carrier received goods from a shipper.

Black Friday

Black Friday is used to describe a number of historical Fridays in which an event led to public chaos or disaster.

Blue Law

Rules created to prohibit particular activities to certain days or hours. Many blue laws have been removed from the law books or are no longer enforced.

Booking Program

A vendor booking program is the opportunity to view new products or samples now and to place an order for that merchandise to be delivered at a later date.

Brand Awareness

A gauge of marketing effectiveness measured by the ability of a customer to recognize and/or recall a name, image or other mark associated with a particular brand.

Brand

A brand is a name, symbol or other identifying mark for a seller's goods or services. It is distinct from other sellers.

Break-Even Point

What is the break-even point? The point in business where the sales equal the expenses. There is no profit and no loss.

Brick and Mortar

Brick and mortar store refers to retail shops that are located in a building as opposed to an online shopping destination, door-to-door sales, kiosk or other similar site not housed within a structure.

Business Blog

A business blog is a written set of entries by a business and published online with blogging software. These entries are generally displayed in reverse chronological order and feature industry-related information, photos and/or links. Business blogs may also allow comments for added interaction with the reader.

Business Model

A retail business model is essentially how a retail business is planned, organized and operates in order to cover expenses and generate a profit. Our business model is how we make money.

Business Plan

A detailed document describing the past, present and future financial and operational objectives of a company.

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