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Types of retail business
What is retail? It’d initially seem obvious but defining what's actually meant by retail can help to research the business as an entire. Consistent with the Cambridge Dictionary, retail is defined as “the activity of selling goods to the general public, usually in shops.” This selling of products can happen during a sort of ways, like in-store at a brick-and-mortar location, online, through direct sales, or via postal services and it includes anywhere from department shops to corner convenience shops. The retailer is that the shop or business that's selling the products and therefore the consumer is that the one that purchases those goods to be used.
Types of retail business
· Department stores
· Online stores
· Convenience stores
· Supermarkets
· Specialty stores