1. Retail Store Formats by Location
a) Chain store:
Multi-locational
Operates multiple outlets under common ownership
Engages in some level of centralized or coordinated purchasing and decision making
b) High street format retail stores:
A retail chain that seeks to locate itself in busy shopping areas (generally less than 2,000 sqft, with no parking facilities and focused merchandise categories)
c) Destination format retail stores:
Independent retail stores located specifically in an area with alluring propositions (usually large in size, with ample concessions, huge parking space, wide merchandise categories)
d) Convenience format retail stores:
Accessible carrying wide array of consumable goods (less than 5,000 sqft, extended hours, parking for few vehicles, convenience merchandise)
