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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
Digital River to Exhibit and Speak at Internet Retailer Conference & Exhibition 2013
Digital River, Inc. (NASDAQ: DRIV), the revenue growth experts in global cloud commerce, will speak and exhibit at the Internet Retailer Conference & Exhibition (IRCE) 2013. During the event, which takes place June 4-7 in Chicago, Digital River’s team will showcase its global commerce, marketing and payments solutions in booth 530. Also, conference attendees can hear Digital River’s chief mark...from: Digital River, Inc. via Businesswire
More Breaking Retail News News
This afternoon JBG Concepts LLC via PR Newswire notes; "South Carolina-Based Retailer Introduces Wine Storage Solutions at www.MyWineRackStorage.com" and Rodale Inc. via PR Newswire announced that "Rodale Inc. Launches Eco-Luxury Online Retail Store Rodale's". Earlier today, "Vestcom’s healthyAisles® Nutrition and Wellness Program Grows Exponentially to Become Standard in Retail Industry" wrote Vestcom International, Inc. via Businesswire
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