Retailing Market Research Report

asts of Niche Markets & Market Sizing. The Company Persists to Offer Precise Reports to its Clients to Support Them in Growing Their Businesses Retailing is a significant commercial activity, delivering consumers a chance to buy essentials from a wide range of merchants. In America, the first retail outlets were general stores and trading posts. Often run by only one individual, these stores became the economic and social center of the communities as they sometimes served as post offices. Since the Second World War, giant shopping malls, chain stores, discount stores, and supermarkets started gaining more popularity. At present, retailing is a diverse and quiet complex industry. It includes the selling of all types of services, such as rug cleaning and automobile repair, as well as physical goods, such as food items, books, health care products, clothing, pharmaceuticals, and automobile parts. Many researchers anticipated that sales of merchandise over the Internet would decline sales of stores and would eventually put them out of business. But, in the year 2000, e-commerce sales only accounted for 2% of the total sales. Since the past 20 years, the industry has been experiencing tremendous mergers and acquisitions amongst prominent companies. These have led to the creation of several retail outlets worldwide.