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Published byCory French Modified over 7 years ago
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Sub-Sectors Similar products within the retail industry are divided further into sub sectors. E.g:- Automotive Clothing Electronics Food and grocery Footwear Homewares
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Channels The routes that retailers use to get their products to the market/customers. E.g:- Shops/Stores Showrooms Catalogues Home shopping Market stalls Websites
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Format & Size Types and sizes of the businesses. Such as micro, small, medium large outlets. E.g:- Independent traders Convenience stores Market stalls Kiosks Chain stores Franchises Superstores Department stores
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Location Where businesses are located. E.g:- City centre Out of town
Retail park
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Ownership Types of ownerships are different for different sized businesses. E.g:- Sole traders Partnerships Ltd companies Plc companies Franchises
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