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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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- List of largest retail companies
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.
Nov 29, 2022 · Updated on November 29, 2022. Reviewed by David Kindness. Photo: Thomas Barwick / Getty Images. The Balance. Was this page helpful? 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.
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.
Wikimedia Commons has media related to Retail. This category contains articles on the retail concepts and venues. For articles on companies that sell goods to the public, see Category:Retailers .
