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Updated by saurabh_chahal on Feb 20, 2020
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What is Retail

When we buy something for personal use but not for the resale is Retail.

1

What is Retail

What is Retail

What is Retail, Retail is not new if we will check the history of retail we can find that it is as old as human beings. For the last many centuries the concept of retail didn't change. In ancient times people use to exchange cows & sheep's to fulfill their needs.
The proper currency transaction started way back in 3000 BC in Mesopotamia. The very first retail store was started in ancient Greece in 800 BC, in ancient Greece the concept of retail was developed. Since then many countries developed retail in many ways.

2

What is Retail

What is Retail

What is Retail, Retail is not new if we will check the history of retail we can find that it is as old as human beings. For the last many centuries the concept of retail didn't change. In ancient times people use to exchange cows & sheep's to fulfill their needs.
The proper currency transaction started way back in 3000 BC in Mesopotamia. The very first retail store was started in ancient Greece in 800 BC, in ancient Greece the concept of retail was developed. Since then many countries developed retail in many ways.

3

What is Retail

What is Retail

What is Retail, Retail is not new if we will check the history of retail we can find that it is as old as human beings. For the last many centuries the concept of retail didn't change. In ancient times people use to exchange cows & sheep's to fulfill their needs.
The proper currency transaction started way back in 3000 BC in Mesopotamia. The very first retail store was started in ancient Greece in 800 BC, in ancient Greece the concept of retail was developed. Since then many countries developed retail in many ways.

4

Types of Retail Stores

Types of Retail Stores

We already looked at the history of the retail from barter to coin transaction. Now let's see what are the types of retail we come across on a day today.
Department Stores
A store where end users can buy different products under one roof, the products are arranged as per the category. In department store customers always get the various options for a single product, which can fulfill the needs of the customers. Start Market, Big Bazaar are a few examples of department stores.
Discount Stores
These stores are very much similar to the department store's only difference is all the products you can buy at discounted rates. In discount store products may or may not be manufactured by the discount store owners. Wal-Mart is the best example of discount stores.
Warehouse Store
A type of retail store where people can buy products in large quantities & that too in discounted rates. In such stores, items can be from various brands & may be from store owners as well. Tractor Company has such kind of stores.
Supermarket
Supermarkets are retail stores where a wide range of category products are available. Most of those products are of household items such as food, daily need products, groceries & baby products, such retail stores give more focus on FMCG products. D-Mart is the best example of this kind.
Specialty Stores
The retail stores where you get the product from the special brand & they don't sell anything apart from that brand or specialize category. Specialty stores focus on a higher level of customer satisfaction. Nike & Adidas are the best examples of such stores.
Convinces Stores
Such stores you can find in your locality & they sell the basic products, they don't keep much of the product category. They keep 2-3 types of products & that too in a very less quantity. Such stores are found in every big & small country. They typically sell the products at higher rates as they have fewer customers. Indian Kirana stores are the best example of this type.
Shopping Malls
A market place where many retail stores are operating & selling their own products. there might be shops in the mall which sell various kind of products & brands. Shopping Mall is extremely popular in every country. They sell products which are less & high in terms of rates.
eCommerce Stores
Now, this is big, eCommerce stores give he option to the customers that buy the products sitting at home. Ecommerce Stores are non-physical stores & affecting the retail industry if you don't get any product offline then you will get it online for sure. You can order the product & make the payment sitting at home only. The price is very less as compared to any other retail store.
Conclusion
Types of Retail Stores shows how big is Retail Industry, we can say that bigger is better. Retail Industry is not the big sector but it provides many jobs & many benefits who all are working under this sector. Such types & benefits make the Retail a dominating sector.

5

Types of Retail Stores

Types of Retail Stores

We already looked at the history of the retail from barter to coin transaction. Now let's see what are the types of retail we come across on a day today.
Department Stores
A store where end users can buy different products under one roof, the products are arranged as per the category. In department store customers always get the various options for a single product, which can fulfill the needs of the customers. Start Market, Big Bazaar are a few examples of department stores.
Discount Stores
These stores are very much similar to the department store's only difference is all the products you can buy at discounted rates. In discount store products may or may not be manufactured by the discount store owners. Wal-Mart is the best example of discount stores.
Warehouse Store
A type of retail store where people can buy products in large quantities & that too in discounted rates. In such stores, items can be from various brands & may be from store owners as well. Tractor Company has such kind of stores.
Supermarket
Supermarkets are retail stores where a wide range of category products are available. Most of those products are of household items such as food, daily need products, groceries & baby products, such retail stores give more focus on FMCG products. D-Mart is the best example of this kind.
Specialty Stores
The retail stores where you get the product from the special brand & they don't sell anything apart from that brand or specialize category. Specialty stores focus on a higher level of customer satisfaction. Nike & Adidas are the best examples of such stores.
Convinces Stores
Such stores you can find in your locality & they sell the basic products, they don't keep much of the product category. They keep 2-3 types of products & that too in a very less quantity. Such stores are found in every big & small country. They typically sell the products at higher rates as they have fewer customers. Indian Kirana stores are the best example of this type.
Shopping Malls
A market place where many retail stores are operating & selling their own products. there might be shops in the mall which sell various kind of products & brands. Shopping Mall is extremely popular in every country. They sell products which are less & high in terms of rates.
eCommerce Stores
Now, this is big, eCommerce stores give he option to the customers that buy the products sitting at home. Ecommerce Stores are non-physical stores & affecting the retail industry if you don't get any product offline then you will get it online for sure. You can order the product & make the payment sitting at home only. The price is very less as compared to any other retail store.
Conclusion
Types of Retail Stores shows how big is Retail Industry, we can say that bigger is better. The retail industry is not the big sector but it provides many jobs & many benefits who all are working under this sector. Such types & benefits make the Retail a dominating sector.

6

Types of Retail Stores

Types of Retail Stores

We already looked at the history of the retail from barter to coin transaction. Now let's see what are the types of retail we come across on a day today.
Department Stores
A store where end users can buy different products under one roof, the products are arranged as per the category. In department store customers always get the various options for a single product, which can fulfill the needs of the customers. Start Market, Big Bazaar are a few examples of department stores.
Discount Stores
These stores are very much similar to the department store's only difference is all the products you can buy at discounted rates. In discount store products may or may not be manufactured by the discount store owners. Wal-Mart is the best example of discount stores.
Warehouse Store
A type of retail store where people can buy products in large quantities & that too in discounted rates. In such stores, items can be from various brands & may be from store owners as well. Tractor Company has such kind of stores.
Supermarket
Supermarkets are retail stores where a wide range of category products are available. Most of those products are of household items such as food, daily need products, groceries & baby products, such retail stores give more focus on FMCG products. D-Mart is the best example of this kind.
Specialty Stores
The retail stores where you get the product from the special brand & they don't sell anything apart from that brand or specialize category. Specialty stores focus on a higher level of customer satisfaction. Nike & Adidas are the best examples of such stores.
Convinces Stores
Such stores you can find in your locality & they sell the basic products, they don't keep much of the product category. They keep 2-3 types of products & that too in a very less quantity. Such stores are found in every big & small country. They typically sell the products at higher rates as they have fewer customers. Indian Kirana stores are the best example of this type.
Shopping Malls
A market place where many retail stores are operating & selling their own products. there might be shops in the mall which sell various kind of products & brands. Shopping Mall is extremely popular in every country. They sell products which are less & high in terms of rates.
eCommerce Stores
Now, this is big, eCommerce stores give he option to the customers that buy the products sitting at home. Ecommerce Stores are non-physical stores & affecting the retail industry if you don't get any product offline then you will get it online for sure. You can order the product & make the payment sitting at home only. The price is very less as compared to any other retail store.
Conclusion
Types of Retail Stores shows how big is Retail Industry, we can say that bigger is better. The retail Industry is not the big sector but it provides many jobs & many benefits who all are working under this sector. Such types & benefits make the Retail a dominating sector.

7

What is Retail

What is Retail

What is Retail, it's not a new concept, in other words, we can say that Retail is as older as Bronze Age. In the stone age, there might be a retail transaction in but not in the form of currency. Might be they use something else for retail transactions.

8

What is Retail

What is Retail

What is Retail, it's not a new concept, in other words, we can say that Retail is as older as Bronze Age. In the stone age, there might be a retail transaction in but not in the form of currency. Might be they use something else for retail transactions.

9

What is Retail

What is Retail

https://kpshopy.com/blog/what-is-retail, it's not a new concept, in other words, we can say that Retail is as older as of the Bronze Age. In the stone age, there might be a retail transaction in but not in the form of currency. Might be they use something else for retail transactions.

10

What is Retail

What is Retail

What is Retail, it's not a new concept, in other words, we can say that Retail is as older as Bronze Age. In the stone age, there might be the retail transaction in but not in the form of currency. Might be they use something else for retail transactions.