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United States. Central Europe. World. See also. References. Further reading. External links. Retail. A grocery and cosmetics store in Tangier, Morocco. Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers.
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Oct 8, 2020 · In this episode, we’ll talk about one of the industries most greatly affected by the pandemic: the retail industry. We’ll focus today’s discussion on the US retail sector, but many of the lessons and imperatives we’ll discuss apply to retailers all around the world.
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.
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