What is the importance of department stores?
The main advantages of a departmental store are (1) Economy of Bulk Purchases, (2) Providing a Variety of Products, (3) Convenience of Choice, (4) Economy in Advertising, (5) Centrally Located, (6) Providing Amenities to Customers (7) Employing Experts and (8) Lesser Selling price.
The various types of departmental stores include
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