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- Sale of goods and services to consumersRetail is the sale of goods and services to consumers12. It is different from wholesaling, which is the sale of goods to business or institutional customers1. Retailers purchase goods in large quantities from manufacturers, directly or through a wholesaler, and then sell in smaller quantities to consumers for a profit1. Retailing is seen as a contrast to wholesaling, which typically involves selling in mass quantities at lower prices2.Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.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/RetailRetailing is the selling of goods and services to consumer end users. Retailing is seen as a contrast to wholesaling, which typically involves selling in mass quantities at lower prices. Retailers frequently buy in bulk from wholesalers, then repackage merchandise for individual sale.www.britannica.com/money/retailing
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Retail - Wikipedia
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 … See more
The word retail comes from the Old French verb tailler, meaning "to cut off, clip, pare, divide in terms of tailoring" (c. 1365). It was first recorded as a noun in 1433 with the … See more
Retail markets have existed since ancient times. Archaeological evidence for trade, probably involving barter systems, dates back more than 10,000 years. As civilizations grew, … See more
The distinction between "strategic" and "managerial" decision-making is commonly used to distinguish "two phases having different goals and … See more
A retail mix is devised for the purpose of coordinating day-to-day tactical decisions. The retail marketing mix typically consists of six broad decision layers including product decisions, … See more
Retail formats (also known as retail formulas) influence the consumer's store choice and addresses the consumer's expectations. At its most basic level, a retail format is a … See more
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. … See more
Two different strands of research have investigated shopper behaviour. One is primarily concerned with shopper motivations. The … See more
Wikipedia text under CC-BY-SA license Retailing | Definition & History - Britannica
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WebNov 14, 2023 · Learn the basics of retail, such as types of retail businesses, retail supply chain, retail markups, and point of sale. This post is not a Wikipedia article, but a guide for aspiring or existing retailers.
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