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A big-box retailer is a bodily massive retail establishment, often a part of a sequence of shops. The term generally additionally refers, by extension, to the corporate that operates the shop. Retail stores may or could not have rivals close sufficient to affect their pricing, product availability, and other operations. A 2006 survey found that solely 38% of retail shops in India believed they confronted greater than slight competition. At its most basic level, a retail format is a straightforward market, that is; a location the place goods and providers are exchanged. In some elements of the world, the retail sector remains to be dominated by small family-run shops, however giant retail chains are more and more dominating the sector, as a end result of they can exert considerable buying energy and move on the savings in the type of lower costs. Many of those massive retail chains additionally produce their own non-public labels which compete alongside producer manufacturers .news w