What is retailing and its types .
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Explanation:
Definition:
Retailing is a distribution process, in which all the activities involved in selling the merchandise directly to the final consumer (i.e. the one who intends to use the product) are included. In the supply chain, retailers are the final link between the manufacturers and ultimate consumer. ...
Types of Retailing:-
•Store Retailing: Department store is the best form of store retailing, to attract a number of customers. ...
•Non-store Retailing: It is evident from the name itself, that when the selling of merchandise takes place outside the conventional shops or stores, it is termed as non-store retailing.
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