Definition, Meaning & Synonyms
vertical-retailer
Noun
/ˈvɜːrtɪkl ˈriːteɪlər/
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Definition
A vertical retailer is a type of business that specializes in a narrow range of products and sells directly to consumers, often controlling the entire supply chain from production to retail.
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Examples
- Example 1: Zara is a well-known vertical retailer that designs, manufactures, and sells its own clothing.
- Example 2: Companies like Apple operate as vertical retailers through their own stores, controlling both the product development and customer experience.
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Meaning
Vertical retailers often focus on specific product categories, such as apparel, electronics, or home goods, allowing them to streamline operations and enhance customer experience.
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Synonyms
- Specialty retailer
- Niche retailer
- Direct retailer