Retail Types
Retail types refer to the various formats through which products are sold to consumers. Common types include department stores, which offer a wide range of goods across different categories, and specialty stores, which focus on specific product lines, such as clothing or electronics. Other formats include supermarkets, known for groceries, and convenience stores, which provide quick access to everyday items.
Another category is e-commerce, where products are sold online, allowing for a broader reach and convenience. Discount stores offer products at lower prices, while warehouse clubs sell in bulk at discounted rates. Each retail type serves different consumer needs and shopping preferences.