Characteristics of large scale retail trade:
(i) It deals in a variety of goods of daily need and makes these goods available to the customers at their convenience.
(ii) It purchases goods in bulk directly from the producers, thus avoiding middlemen in the process of purchase of goods.
(iii) It provides service to a large number of customers.
(iv) The size of these shops/stores is comparatively ** than the local retail shops/ stores.
(v) It requires huge capital investment to start and run the business.
(vi) It generally sells goods to the customers on cash basis.
