When it comes to retail software, a retail channel definition is the most important aspect of the whole equation. Without it, the logistics of running any retail business can be extremely difficult, to say the least. To know how this channel is going to function in any given year, perhaps it would be beneficial to first look back at how it was conceptualized in the past. Perhaps, for those who don't know, it was actually conceptualized by a certain individual back in 1980. For those who do know, here's a brief recap.
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