Explanation:

Service retailer refers to a retailer, whose product line is actually a service, including hotels and motels, banks, airlines, colleges, hospitals, movie theaters, tennis clubs browsing alleys, restaurants, repair services, hair salons, and dry cleaners. These retailers in the United States are growing faster than product retailers.
The fundamental to all service retailers’ businesses is customer service. A service retailer protects customer loyalty and offers the customers their best service so that they have outstanding retail experience.