Is a store owner legally obligated to serve all customers?

Is a store owner legally obligated to serve all customers?
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Does the business owner have a sign that says: “We reserve the right to refuse service to anyone for any reason”? I don’t mean to be smarmy, but I have seen these signs many times in my life. I think the business owner does have that right if he want’s to exercise it. I have had managers in the past that have refused service to customers for small things like panhandling in the town, but not on our property. Once I had a manager who refused service to one of her ex-boyfriends for cheating on her.
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