HOME TRADE - Retail Trade

Commerce SSS1 First Term


HOME TRADE - Retail Trade

Performance Objectives

The student should be able to:

  1. Highlight the characteristics, functions, advantages and disadvantages of Retail Trade.
  2. State the factors to be considered before setting up a Retail Shop.
  3. Explain Small Scale Retailing with various Examples.
  4. Itemize the characteristic, the advantages and disadvantages of each of the example.



1. The retailer sells in small quantities to the consumers; they buy from the wholesalers and break the goods into the unit to sell to the consumer.

2. The retailer sells at convenient locations and hours: They sell to the consumers at any time of the day.

3. Stock variety f goods: The retailers are exposed to a wide range of goods, they sell all kinds of things at the same.... View More

Subscribe now to gain full access to this lesson note

Take Me There

Click here to gain access to the full notes.