economy

definition of local

Local is understood to be those commercial establishments whose main objective is the development of some commercial or economic activity, which may be of a different type. Venues can vary greatly in terms of size, features, design, and target audience, although there are some common characteristics that they all share.

The premises, such as commercial or economic establishments, have a couple of characteristics or general features that are always present. One of the main elements that serve to define a place is that it offers a type of service or product to a specific type of audience. The way in which it manages to do this is through the purchase of that product or service from a wholesaler and then sell it to the general public. In the case of some services, they can be carried out in the same premises.

We can say then that the commercial premises is always an intermediary between the one who manufactures or produces what is sold and the one who buys it. In this intermediary activity, the commercial premises always obtain a minimum profit for carrying out such a task. This is important as other types of establishments may not be commercial or may be non-profit (for example, a social organization).

Locals can then offer products or services. Some examples for the former are stores, pharmacies, clothing or footwear stores, shopping malls, etc. In the case of places that offer services, we can mention spas, restaurants, entertainment venues such as cinemas or nightclubs, etc.

Each of these types of premises is aimed at a specific type of public that seeks to solve the specific needs it has. That is why we can always find different options in almost all areas so that we can satisfy our needs and preferences (according to our economic capacity, our style, our confidence in certain products and brands, our proximity to the place , etc.).

Today, shopping malls or shopping centers break with the idea of ​​a separate store because they include countless stores together, targeting as many people as possible in an integrated way.

$config[zx-auto] not found$config[zx-overlay] not found