Description:
Retail trade involves the sale of goods directly to consumers, providing a variety of products to meet local needs. This sector contributes to the city’s vibrancy and serves as a key component of its economic landscape.
Examples:
- Local Grocery Stores: Independent or chain grocery stores providing essential food and household items.
- Clothing Boutiques: Small boutiques offering fashion and apparel items.
- Specialty Shops:Stores focusing on specific products like electronics, books, or gifts.
Typical Minimal Size of Population Served to be Viable:
A small city with a population of around 5,000 to 10,000 can support basic retail establishments, while a population of 20,000 or more may sustain a broader range of retail options.