Companies in the Retail industry engage in the selling of durable and nondurable goods directly to consumers. Retailers are typically classified as ¡°store¡± or ¡°non-store.¡± Store retailers use brick-and-mortar locations to attract walk-in customer traffic (e.g., grocery stores). Non-store retailers (e.g., online websites) sell merchandise without using a fixed physical point-of-sale location.
