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.
This afternoon National Retail Federation via Businesswire notes; "NRF Calls on Congress to Level Playing Field for Retailers" and PetroTech Oil and Gas, Inc. via Marketwire announced that "LegalizePot.us Cannabis & Hemp Division: Signs JV to Set Up State of the Art "Green Friendly" Cannabis Retail Outlets ". Earlier today, "Ambush Board Company Grows Product Listing Ad Revenue by 230%; Sales Increase Credited to Mercent Retail(TM) Technology Platform " wrote Mercent via Marketwire
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