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Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit.
In the UK, shops that sell food are distinguished as grocers [3] or grocery shops (though in everyday use, people usually use either the term "supermarket" or a "corner shop".) Larger types of stores that sell groceries, such as supermarkets and hypermarkets, usually stock significant amounts of non-food products, such as clothing and household ...
Retailers' cooperatives also engage in group advertising and promotion, uniform stock merchandising, and private branding. [2] This increases consumer recognition of brands and is beneficial for the stores under a franchise. The aim of the cooperative is to improve buying conditions for its members, which are retail businesses in this case.
Interior of a Japanese 7-Eleven convenience store (2014) A typical bodega in New York City (2019). A convenience store, convenience shop, bodega, corner store, corner shop, superette or mini-mart is a small retail store that stocks a range of everyday items such as convenience food, groceries, beverages, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and ...
Junior department store, a term used principally in the second part of the 20th century for a smaller version of a mainline department store. These were usually either independent stores, or chains such as Boston Store and Harris & Frank, which specialized in cosmetics and wearing apparel and accessories, with few home goods. [3] [4]
General stores (sekatavarakauppa) first appeared in Finland in 1859 when fixed shop retailers were allowed to set up shops in rural towns for the first time. Prior to that, authorised trade in rural products other than those produced in the same region depended on city travel, open-air markets and fairs. [ 10 ]
Shoppers at a souk in Tunisia Advertising image of a man shopping for Christmas presents, United States, 1918 A woman shopping in Japan, 2016. Shopping is an activity in which a customer browses the available goods or services presented by one or more retailers with the potential intent to purchase a suitable selection of them.
Stores lack ample floor space compared to their Western counterparts, but are usually stocked with a wide variety of items. Indian hardware stores are similar to hardware stores around the world, offering products from several categories such as plumbing, machinery, household, gardening, manufacturing, cobbler, carpenter, and electrical.