Formula retail definition

Formula retail means any type of retail sales activity and/or retail service activity conducted within a retail establishment which, along with 10 or more other existing, operational retail establishments located within the United States, is required to maintain two or more of the following features: 1) standardized array of merchandise or menu; 2) standardized color scheme;
Formula retail means any type of retail sales activity and/or retail service activity conducted within a retail establishment that, along with ten or more other existing, operational retail establishments in the world, maintains two or more of the following features: