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Retail is the sale of goods and services from individuals or businesses to the end-user. Retailers are part of an integrated system called the supply chain. A retailer purchases goods or products in large quantities from manufacturers or directly through a wholesaler, and then sells smaller quantities to the consumer for a profit. Retailing can be done in either fixed locations or online. Retailing includes subordinated services, such as delivery. The term "retailer" is also applied where a service provider services the needs of a large number of individuals, such as a public utility, like electric power.
Shops may be on residential streets, streets with few or no houses or in a shopping mall. Shopping streets may be for pedestrians only. Sometimes a shopping street has a partial or full roof to protect customers from precipitation. Online retailing, a type of electronic commerce used for business-to-consumer (B2C) transactions and mail order, are forms of non-shop retailing.
Shopping generally refers to the act of buying products. Sometimes this is done to obtain necessities such as food and clothing; sometimes it is done as a recreational activity. Recreational shopping often involves window shopping (just looking, not buying) and browsing and does not always result in a purchase.
Breaking Retail News News
Vestcom’s healthyAisles® Nutrition and Wellness Program Grows Exponentially to Become Standard in Retail Industry
Vestcom, the leading provider of customized shelf-edge communications and specialized marketing services for the retail industry, today announced its total-store health and wellness program, healthyAisles®, has grown a dramatic 628 percent since its inception in 2008. With health marketing today being a critical component of success for food and drug retail chains, healthyAisles has become the retail...from: Vestcom International, Inc. via Businesswire
More Breaking Retail News News
This afternoon A.T. Kearney via Marketwire notes; "Retailers Often Underutilize Customer Data, According to A.T. Kearney Study " and Alliance of Automobile Manufacturers via PR Newswire announced that "Poll: Overwhelming Majority Opposed To State House Involvement In Manufacturer/Retailer Contracts". Earlier today, "J.D. Power & Associates Ranks Beneficial Bank Highest Customer Satisfaction With Retail Banking in the Mid-Atlantic Region" wrote Beneficial Bank via Globe Newswire
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