One-Stop Shop

One-Stop Shop

A company that offers a wide variety of goods and/or services to a customer or client. For example, a retail store may sell everything from clothes to groceries to home appliances to electronics. Likewise, a bank may offer a client a checking account, investment advisory services, and insurance. One-stop shops aim to attract customers and clients by allowing them to save the time and energy they would otherwise spend going to different companies for different activities.