State-run Retail

State-run retail refers to retail businesses operated by the government rather than private companies. These stores sell goods and services to the public, often focusing on essential items like food, clothing, and household goods. The aim is to ensure accessibility, affordability, and stability in the market, especially in areas where private retailers may not be profitable or reliable. Profits from these operations typically go back to the government, which can use them to fund public services. State-run retail can help regulate prices and provide employment, but it may also face criticisms regarding efficiency and competition.