Business Studies · Ch 10 — Internal Trade
Types of Retailing Trade
10.5
Types of Retailing Trade
There are many types of retailers in India. To understand them, it helps to group them into common categories, and experts use several bases of classification:
- By size of business: large, medium and small retailers.
- By type of ownership: sole trader, partnership firm, cooperative store and company.
- By merchandise handled: speciality store, supermarket and departmental store.
- By whether they have a fixed place of business or not — the basis used in this chapter.
On the fixed-place basis, retailers fall into two categories:
- Itinerant retailers — those who have no fixed place of business and keep moving in search of customers. …