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Sale of goods and services to consumers
- 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.
en.wikipedia.org/wiki/Retail
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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.
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We tell the story of retail, work with our members to drive positive change and use our expertise and influence to create an economic and policy environment that enables retail businesses to thrive and consumers to benefit.
Retail is selling goods or items to the people who will use them. This is different from wholesale, which is selling to a retailer. According to Oxford Dictionary, Retail is the sale of goods to the public in relatively small quantities for use or consumption rather than for resale.
Learn how retail has changed over time, from ancient bartering to modern ecommerce. Explore the milestones, trends, and innovations that shaped the retail industry in America.
May 8, 2024 · Retailing is the selling of goods and services to consumer end users, contrasting with wholesaling. Learn about the history, factors, and trends of retailing, as well as the rise of e-commerce and online shopping platforms.