This article appears to be a dictionary definition. Please rewrite it to present the subject from an encyclopedic point of view. (May 2023)
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Micro-retailing, or microretailing, has two distinct meanings. The first describes how some businesses are moving from having giant superstores to smaller, demographically targeted stores that focus on a small selection of popular products.[1][2] The second refers to small, independent, family owned businesses in developing nations.
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