What are retail markets? Explain different types of retailers.
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Explanation:
Retail is the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit. Retailers satisfy demand identified through a supply chain.
Types of Retail Stores
Department Stores. This type of retail outlet is one of the most complex types of establishments that offer a wide range of products. ...
Specialty Stores. ...
Supermarkets. ...
Convenience Stores. ...
Discount Stores. ...
Answered by
1
Types of Retail Stores
Department Stores. This type of retail outlet is one of the most complex types of establishments that offer a wide range of products. ...
Specialty Stores. ...
Supermarkets. ...
Convenience Stores. ...
Discount Stores. ...
Hypermarkets or Super Stores
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