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In a conventional retail store, clerks are generally available to answer questions. Some online stores have real-time chat features, but most rely on e-mails or phone calls to handle customer questions. Even if an online store is open 24 hours a day, seven days a week, the customer service team may only be available during regular business hours.
LIM College was founded in 1939 by retail and education expert Maxwell F. Marcuse as the Laboratory Institute of Merchandising, at the request of retailers who wanted a school that would teach women about the fashion business and merchandising. LIM became co-ed in 1971 and Maxwell's son, Adrian G. Marcuse, became president in 1972.
The Fashion Retail Academy trains people to work in head office roles within the fashion industry, working with over 140 UK brands and retailers [5] to provide industry enrichment like work experience. Diploma courses run from six months to two years, and undergraduate degree courses are condensed across two years. [6]
The history of retail encompasses the sale of goods and services to consumers across all cultures and time periods from ancient history to the present. [ 1 ] Commerce first took the form of bargaining between early human civilizations.
E-commerce markets are growing at noticeable rates. The online market is expected to grow by 56% in 2015–2020. In 2017, retail e-commerce sales worldwide amounted to 2.3 trillion US dollars and e-retail revenues are projected to grow to 4.891 trillion US dollars in 2021. [52] Traditional markets are only expected 2% growth during the same time.
An online degree is an academic degree (usually a college degree, but sometimes the term includes high school diplomas and non-degree certificate programs) that can be earned primarily or entirely through the use of an Internet-connected computer, rather than attending college in a traditional campus setting.
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