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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
Early Store Openings Jumpstart Retail Holiday Spending
First Data Corporation , a global leader in payments processing and electronic commerce solutions, today released its First Data SpendTrend® analysis for Thanksgiving/Black Friday 2013 compared to Thanksgiving/Black Friday 2012. SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations. Earli...from: First Data Corporation via Businesswire
More Breaking Retail News News
This afternoon Wall St. Analyst via Businesswire notes; "WallStAnalyst.com: Smartphone Players Vie for China Pie; e-Com Retailers Take Moonshot at Drone Delivery" and Yahoo Business News Feed announced that "Analysis: Deep discounts sound warning for U.S. retail profits". Earlier today, "Canadian discount retailer Dollarama earnings up in Q3" wrote Retail Business Review News Feed
What are people saying about retail news on Twitter?
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