Question

The Hunt, a liquor store, is famous for its unique and extensive collection of alcoholic beverages. Moreover, its employees possess up-to-date knowledge of the liquor available in the store, which allows them to assist customers in their purchasing decisions. The Hunt is an example of a _____.​

Answer 1

Answer: Speciality store

Explanation: These are retail stores that offer specialised goods, and these goods can be different, meaning not just a specialised liquor store, but a specialised store of any good, say, baby food. Such shops usually have discounts and they are characterised by small differences between products, i.e. narrow variety. Also, these stores offer variety within the category of products they sell, hence a wide selection of similar products. So whether a store is specialised is not determined by the type of product being sold, but by the breadth of choice within the product category.