Specialty shop

A specialty shop is a sub-category of the specialty retail trade format. Specialist shops have a broad and deeply structured range of an industry, but are smaller in area compared to specialist markets. For example, an owner-operated local electrical retailer (Elektro-Müller, Radio-Fernsehen Mustermann) is an electrical shop.

Traditional specialist shops

Traditional specialist shops have often existed for several decades; some can look back on more than 200 years of history. Well-known traditional specialist shops are often located in the inner cities of large cities. Since the beginning of the 21st century, however, more and more, even long-established specialist shops have had to give up and close their businesses. They are mostly displaced by high-turnover chain stores ( chain stores ) that can generate the high retail rents, but also by large-scale retail outlets and junk shops that offer extensive ancillary ranges as sales drivers.

See also

• Trading company
• Department store
• Department store
• SB warehouse
• Consumer market
• Supermarket

Individual evidence

1. ↑ Value creation in retail by Werner Reinartz et al., Editor Monika Buyerle, published by Kohlhammerverlag 2014 p. 22