Retailing

Retailing is a major part of the world economy today. Retailing is all the activities related to the sale of goods and services to the ultimate consumer for personal use. There are three different types of retail which is independent retailers, chain stores, and franchises. The NBA would fall under franchise retailing for many reasons. Although there isn't a NBA store in New York due to the look of a new location. There are 30 teams in the league each team have a team store at there arenas were many dedicated fans buy team appeal,  but with the lockout still going on people still can order what they need from the NBA website. The two stores in china is considered chain stores because their operated as a group by the single organization.