Describe the different types of fixed shop retail trade.
Answers
Answer:
The fixed types of retail shops in trade business are mainly 4.
1-Street vendors ( stalls)
2-specialty shop owners
3-general shops
4-goods selling of ( second hand goods)
Explanation:
1-Street vendors ( stalls):
In this retail business the vendors have stalls. Whatever pedestrians make their way near the stalls can purchase whatever product they like on spot. These vendors or stall owners get their products in wholesale as well from suppliers. Example: Those who sell jewelry.
2-specialty shop owners
These shops deal with only a particular kind of product or range of products, example antique watches, wallets, etc. Or maybe gift shops.
3-general shops
These are those shops which we come across in our day to day dealings. Example: Goods which are used in daily dealings. Like household products, detergent, cleaning goods, utilities, toiletries, eatables,etc. This is the most used retail shop.
4-goods selling of ( second hand goods)
These retailers sell products which are are already used once. Example, thrift stores. This includes products like used furniture or books. In this retail outlet the quality is not guaranteed.