Question: What Is Considered A Retail Store?

What defines a retail store?

: a place of business usually owned and operated by a retailer but sometimes owned and operated by a manufacturer or by someone other than a retailer in which merchandise is sold primarily to ultimate consumers..

Is a gas station considered a retail store?

The gasoline stations subsector is part of the retail trade sector. Industries in the Gasoline Stations subsector retail automotive fuels (e.g., gasoline, diesel fuel, gasohol) and automotive oils or retail these products in combination with convenience store items.

What is a specialty stores in retail?

A specialty retail store is a retail store that focuses on specific product categories, as opposed to retailers who sell a large number of consumer goods categories. When you think of specialty retail, think of a specialized yoga-wear store like Lululemon rather than the big-box, everything-in-one store, Walmart.

Is Target considered a retail store?

Target is a general merchandise retailer with stores in all 50 U.S. states and the District of Columbia. … The Target Corporation also owns Shipt, Roundel, Grand Junction and DermStore.

Is Apple a retail store?

Apple Store is a chain of retail stores owned and operated by Apple Inc. … Over the years, Apple has expanded the number of retail locations and its geographical coverage, with 506 stores across 25 countries worldwide as of 2018.

Is Wendy’s a retail store?

…to Wendys Retail Fixtures. BACKSTORY: Wendy’s is an American international fast food restaurant chain founded by Dave Thomas on November 15, 1969, in Columbus, Ohio, United States. … 6,207 restaurants are franchised, and 77% of them are located in North America.

What are examples of retail stores?

The most common examples of retailing are traditional brick-and-mortar stores. These include giants such as Best Buy, Wal-Mart, and Target. But retailing includes even the smallest kiosks at your local mall. Retailers don’t just sell goods, they also sell services.

Are restaurants considered retail?

4 Answers. Hotels and restaurants are considered part of the hospitality industry. … A retailer is defined as the seller of goods or commodities in small quantities directly to consumers, so it sounds like technically a restaurant fits the definition.

What type of retail store is Walmart?

Walmart Inc. ( /ˈwɔːlmɑːrt/; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in 1962 and incorporated on October 31, 1969.

Is Amazon a retail?

Amazon is a massive online retailer that has a market capitalization as of June 2018 that is in excess of $268 billion U.S. As well as being an online retailer, Amazon allows for individuals and business to sell and display products for sale on line.

Is a bank considered retail?

Retail banking, also known as consumer banking, refers to the services banks provide to individual customers. Common retail banking services include checking and savings accounts, mortgages, credit cards, and auto loans.

What are softlines in retail?

“Softlines” generally refers to goods that are literally soft, such as clothing and bedding. “Hardlines” commonly refers to less personal items, such as appliances or sports equipment. … Small appliances typically come in boxes, while most sporting equipment does not.