A retail store is a business where merchandise products are sold to the public customers. The products may be made by the shop owner or may be purchased wholesale from a third party supplier and then resold to the customer.
A specialty store is a type of retail shop that only sells one category of products. Because of this a specialty store can have a larger and better selection of goods with in that category.
A non specialty store sells a variety of merchandise like a grocery store or department store.
a Hardware store would be a specialty store. You can buy nails at any variety store. But , if you need a specific roofing nail you go to a hardware or building supply store. A hardware store specializes in all the different roofing products you might need. While Walmart may only a few choices.
Sam Walton founder of Walmart said that for small retailers to compete with Walmart they should open a specialty store. A shop where the customer can find a larger selection of specialized goods and advice centralized around one line of products. Walmart sells only the best sellers in each department.
Here is a list of different types of Specialty Stores.
▪ Wedding Dress shop
▪ Children's Shoe Store
▪ Baby Furniture
▪ Comic Book Store
▪ Hobby Shop
▪ Ethnic Foods
▪ Book Store
▪ Office Supplies
▪ Jewelry Store
▪ Party Supply
▪ Pet Store
▪ Learning Toys
▪ Candles
▪ Team Shop
▪ Gourmet Foods
▪ Kitchen Gadgets
▪ Antiques
▪ Auto Parts
Any shop that specializes in one type of products.
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