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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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