Types of Retailers: Informal Classification & Examples


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question 1 of 3

All of these are categories of retailers classified by number of outlets EXCEPT which?

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1. Why are retailers often classified by size, either in terms of volume or employee count?

2. Which of these would be considered a non-traditional retail location?

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About This Quiz & Worksheet

With this quiz/worksheet combo, you can test what you know about the types of retailers that exist. Important points from the lesson include examples of retailers classified by the number of outlets and the reason retailers are classified by size.

Quiz & Worksheet Goals

Consider these topics before answering the quiz questions:

  • A non-traditional retail location
  • Turnover in the 'margin versus turnover' retail classification
  • Term for a retailer with two or more locations

Skills Practiced

  • Knowledge application - use your knowledge to answer questions about why retailers are usually classified by size and retailers that are classified by number out of outlets
  • Making connections - use your understanding of turnover in the margin and the turnover retail classification
  • Information recall - access the knowledge you've gained regarding the word for a retailer with two or more locations

Additional Learning

You can learn more about retailers and how they're classified with the lesson entitled Types of Retailers: Informal Classification & Examples. The following topics will be addressed in greater detail:

  • Classification of the North American Industry Classification System (NAICS)
  • Categories in the 'number of outlets' designation
  • Examples of the 'margin versus turnover' retail classification
  • Location classifications in four major types