Types Of Retail Stores

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We already looked at the history of the retail from barter to coin
transaction. Now let's see what are the types of retail stores 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.

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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.

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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 example of such
stores.

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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.

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Ecommerce Stores
Now, this is big, eCommerce stores give be 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.

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