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Retail refers to selling goods or services to an end user. Retailers buy goods from wholesalers, manufacturers, or other retailers and then sell them to consumers for a profit. In other words, retail is the direct selling of goods and services to a consumer.
Retailing is the selling of goods and services to consumer end users. Retailing is seen as a contrast to wholesaling, which typically involves selling in mass quantities at lower prices. Retailers frequently buy in bulk from wholesalers, then repackage merchandise for individual sale.
Retailing is a distribution process, in which all the activities involved in selling the merchandise directly to the final consumer (i.e. the one who intends to use the product) are included.
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit.
Retail is the sale of goods to consumers for use and consumption rather than for resale. Learn how retailers work to reduce prices on merchandise and generate sales.
Retail is the act of selling (typically physical) products to consumers. Learn how retailing works and the types of retail businesses.
On a fundamental level, retail is simply the sale of a product from a business to a consumer. Depending on your business model, your retail business may sell items directly to consumers, through a partner, or via strategies like dropshipping. What is retail, what are the components of a retail store, and how exactly does the retail industry work?