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- Dictionaryretail/ˈriːteɪl/
noun
- 1. the sale of goods to the public in relatively small quantities for use or consumption rather than for resale: "the retail trade"
adverb
- 1. being sold by retail or at a retail price: "it is not yet available retail"
verb
- 1. sell (goods) to the public by retail: "the difficulties in retailing the new products"
- 2. relate or repeat (a story) in detail: "his inimitable way of retailing a diverting anecdote"
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Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is 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.
Retailing is the act or process of sourcing goods and/or services from a manufacturer, supplier or distributor and selling them to the end user. In a way, retailing forms a direct link between the customer and the rest of the supply chain.
the activity of selling goods to the public in stores, on the internet, etc., rather than selling to stores, other businesses, etc.: She has worked in retail her entire adult life. Organic food is one of the largest growth areas in food in the UK in retail. Food retail is extremely competitive.
to sell in small quantities directly to the ultimate consumer; tell, retell; to sell at retail… See the full definition
Nov 29, 2022 · 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.
Apr 7, 2024 · What is Retail? A Quick Definition. Retail is the process of merchants selling goods to consumers for personal use. Retailers purchase products from a manufacturer or wholesaler, to sell to consumers in smaller quantities, often with a “price markup”. There are many different types of retailers, and different retail sales channels.
Retail is most commonly used in reference to stores, often those that are large and sell many types of retail items. Retail can also describe a price, such as the price that something would sell at a retail store. Retail almost always refers to the sale of goods.
the activity of selling goods to the public in stores, on the internet, etc., rather than selling to stores, other businesses, etc.: She has worked in retail her entire adult life. Organic food is one of the largest growth areas in food in the UK in retail. Food retail is extremely competitive.
Britannica Dictionary definition of RETAIL. : relating to the business of selling things directly to customers for their own use. a retail establishment/shop/store. the manufacturer's suggested retail price [=the price of something when it is sold to the final customer]
Retail is the sale of goods individually or in small quantities direct to consumers. These days, retail is about so much more than merchandise. It's about casting customers in a story. The world of retail is a fast-changing one and calls for constant evolution on the part of the retailer.
