1.1 Types of Retail Stores

What is retail?

• shopping for clothes and bags

• having good customer service

• the buying and selling of products to the final consumers

Which of the following describes a convenience store?

• sells a specific range of products and related merchandise

• small self-service stores which sells a limited range of fast-moving food items

• large stores selling a wide variety of products

Which of the following describes a specialty store?

• sells a specific range of products and related merchandise

• small self-service stores which sells a limited range of fast-moving food items

• large stores selling a wide variety of products

Penny needs to buy fresh fish and a new television. Which one of the following retail store would you suggest to Penny?

• supermarket

• department store

• hypermarket

• specialty store

Isetan and Tangs are examples of which retail store?

• supermarket

• hypermarket

• specialty store

• department store

Zara and Gucci are examples of which retail store?

• supermarket

• hypermarket

• specialty store

• department store