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- Retail involves the following activities12:
- Selling goods or services directly to end users.
- Purchasing goods from wholesalers, manufacturers, or other retailers.
- Selling in smaller quantities to consumers for a profit.
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 refers to selling goods or services to an end user. Retailers buy goods from wholesalers, manufacturers, or other retailers and then sell them to consumers for a profit. In other words, retail is the direct selling of goods and services to a consumer.www.shopify.com/blog/what-is-retailRetail 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/Retail - People also ask
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