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- Retail is the process of selling goods and services directly to consumers12345. It is the final step in the supply chain, where products are made available for purchase by end-users3. Retailers purchase goods in large quantities from manufacturers, directly or through a wholesaler, and then sell in smaller quantities to consumers for a profit14. The primary goal of retail is to satisfy consumer needs and wants through effective merchandising and customer service3.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 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 a very broad term that encompasses a huge industry, employing millions of people and generating trillions of dollars per year in sales revenue. Retail is the sale of goods to consumers—not for them to sell, but for use and consumption by the purchaser.www.thebalancemoney.com/what-is-retail-2892238Retail, simply put, is the process of selling goods or services directly to consumers. It serves as the final step in the supply chain, where products are made available for purchase by end-users. The primary goal of retail is to satisfy consumer needs and wants through effective merchandising and customer service.unstop.com/blog/what-is-retail#!Retail bridges manufacturers and consumers, making both essential and luxury goods and services available to the public. But without getting too poetic, retail is the sale of goods and services to consumers. Retailers purchase large quantities from manufacturers or wholesalers and then sell them in smaller quantities to consumers for a profit.paywithatoa.co.uk/blog/what-is-retail/In its most basic form, retail is the process through which products and services are transferred from producers to final customers. This industry serves as the last point of contact in the supply chain.uk.shopline.com/blog/what-is-retail
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- adverbretail (adverb)
- being sold by retail or at a retail price:"it is not yet available retail"
verbretail (verb) · retails (third person present) · retailed (past tense) · retailed (past participle) · retailing (present participle)Originlate Middle English: from an Anglo-Norman French use of Old French retaille ‘a piece cut off’, from retaillier, from re- (expressing intensive force) + tailler ‘to cut’. What Is Retail? Definition & Guide (2023) - Shopify
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WEBJan 29, 2024 · Retail is a type of business where merchants sell products to consumers for personal use. Learn how retail works, the types of retail, and the importance of retail for the US economy.
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