Search results
Retail refers to the activity of selling goods or services directly to consumers or end-users. Some retailers may sell to business customers, and such sales are termed non-retail activity. In some jurisdictions or regions, legal definitions of retail specify that at least 80 per cent of sales activity must be to end-users.
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.
The history of retail encompasses the sale of goods and services to consumers across all cultures and time periods from ancient history to the present. Commerce first took the form of bargaining between early human civilizations.
The retail format (also known as the retail formula) influences the consumer's store choice and addresses the consumer's expectations. At its most basic level, a retail format is a simple marketplace, that is; a location where goods and services are exchanged.
John Richard Clark Hall (1855–1931) was a British scholar of Old English, and a barrister. Hall's A Concise Anglo-Saxon Dictionary (pictured) became a widely used work upon its 1894 publication, and after multiple revisions remains in print. His 1901 prose translation of Beowulf was still the canonical introduction to the poem into the 1960s ...
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 .
People also ask
What is retail?
What is a retail format?
What is the retail category?
What is the difference between retail and wholesaling?
Nov 29, 2022 · Retail is a very broad term that encompasses a huge industry, employing millions of people and generating trillions of dollars per year in sales revenue. Retail is the sale of goods to consumers—not for them to sell, but for use and consumption by the purchaser.
