Question

What are the different types of store-based and nonstore-based retail locations? Provide a real example (store name) for each different type.

Answer 1

Step-by-step explanation:

For Store-based retail locations; they've been grouped on the basis of:

• ownership, and
• the type of merchandise offered

I. On the basis of ownership, we have:

• Independent retailer location
• chain retail location
• franchise location

II. On the basis of merchandise offered, we have:

• departmental store location
• convenience store locations
• supermarket locations

For Non-Store retail locations, ie. retailing that does not a physical store. These include;

• direct selling
• mail order
• online retailing outlets