Explain the types of Retail Trade from the view point of Big shops.
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Under this trade goods are sold in small quantities the person who carries this trade is called reatiler.
Following are the types of retailer:
1. Departmental stores: It is a large scale retail organisation having number of departments under one roof each department specialises in one particular kind of trade. these are well organised.
2. Supermarket: supermarket are also large store organised on departmental basis. it is just like the departmental store with the difference that the super markets mainly deal in necessities and convience goods on the basis of self service.
3. Warehouse stores: a retail format which sells limited stock of bulk at a discounted rate is called warehouse store.
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