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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.
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.
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.
This list ranks the largest retail companies, according to the British international consulting firm Deloitte. By revenue. Companies are ordered by net income from retail operations in millions of US Dollars in FY 2020. Carrefour S.A. was excluded from 2020's report at the company’s request.
RankNameDominant Operational FormatRetail Revenue (us$ Millions)1Hypermarket/Supercenter/Superstore559,1512Non-store (E-commerce)213,5733Cash & Carry/Warehouse Club166,7614Discount store167,2John 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 ...
Category:Retailing. Category. : Retailing. Help. 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 .
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What does retail mean?
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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.
