Large-scale Retailing
Large-scale retailing is a retail category that involves selling a variety of products in a single large physical space. Large-scale retailers are often part of a chain and may be located outside of cities.
Some characteristics of large-scale retailers include:
- Large size: Large-scale retailers have large showrooms to sell goods.
- Bulk purchases: Large-scale retailers purchase goods in bulk directly from producers, avoiding middlemen.
- Central location: Large-scale retailers are often located in central places or shopping centers.
- High investment: Large-scale retailers require a huge investment to start and run the business.
- Cash sales: Large-scale retailers generally sell goods to customers on a cash basis.
- Regional sales market: Large-scale retailers have a regional sales market.
Examples of large-scale retailers include membership warehouse clubs, discount stores, and department stores.