A retail concession is an arrangement allowing a brand or operator to trade within another business’s premises under agreed commercial terms.
How it works in retail
The operator may manage merchandise and staff while paying the host a fee or share of sales. Responsibilities differ across agreements.
A retail example
A fashion label operates a branded area inside a department store and pays the host an agreed share of eligible sales.
What to keep in mind
Check who owns stock, employs staff, processes payments and handles returns. Those details distinguish one concession arrangement from another.
Examples are illustrative. Terminology and measurement conventions can vary by business and market.