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.
Fashion brand Fast Retailing is planning to join £250m bid-race to acquire a controlling stake in British homewares brand Cath Kidston. Read More: http://apparelaccessoriesluxurygoods.retail-business-review.com/news/fast-retailing-to-bid-for-british-homewares-brand-cath-kidston-160414-4215272 ...from: Retail Business Review News Feed
This afternoon Retail Business Review News Feed notes; "Singapore retail sales up in February 2014" and New York Times announced that "Washington Retail District’s Future Rides on Streetcars". Earlier today, "Retail Stocks Eke Out 0.1% Gain" wrote WWD News Feed
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