This document discusses different types of retail trade. It describes the characteristics of retail trade as selling goods directly to consumers in small quantities. It outlines the functions of retailers as forecasting demand, collecting goods from wholesalers, and selling according to consumer needs while providing services like credit and home delivery. The document then differentiates between itinerant retailers like hawkers and market traders, and fixed shop retailers ranging from small stalls and specialty shops to large department stores, supermarkets, and mail order houses. Finally, it briefly mentions various documents used in internal trade like invoices, credit notes, and lorry receipts.