- Point of Sale
A point of sale is where the retail transaction happens. In a physical store, this could be a cash register or a self-check-out lane. For ecommerce, it’s the online chec… See more
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- Retail refers to the sale of products or services to individual consumers for personal use12345. Key points about retail include:
- Retail transactions occur through different sales channels, such as online, in a brick-and-mortar storefront, in direct sales, or via mail1.
- Retailers purchase goods in large quantities from manufacturers or wholesalers and sell them in smaller quantities to consumers for a profit34.
- Retail encompasses all selling of goods—digitally, in-store, or elsewhere2.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Retail describes the sale of a product or service to an individual consumer for personal use. Retail transactions occur through different sales channels, such as online, in a brick-and-mortar storefront, in direct sales, or via mail. The defining feature of a retail transaction is that the end user is the buyer.www.shopify.com/blog/what-is-retailRetail is a type of business where merchants sell products to consumers for personal use. Retailing is the act of conducting retail business. Ecommerce and omnichannel selling have blurred the lines of physical and online retail, so retail is a term that often encompasses all selling of goods—digitally, in-store, or elsewhere.fitsmallbusiness.com/what-is-retail/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/RetailRetail is the sale of a product or service to an individual consumer for their personal use. Doing retail or “retailing” is the act of actually running a retail store. Retailers purchase products from distributors and wholesalers, and sell them to end users for a marked up price.retailingsummit.org/articles/what-is-retailRetail is the sale of products to consumers in relatively small quantities. The consumers do not then sell on what they bought. In other words, the buyer does not resell.marketbusinessnews.com/financial-glossary/retail/ - People also ask
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