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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
ValueVision Media to Rebrand Its ShopNBC Electronic Retail Operations as 'ShopHQ' -- 'Your Headquarters for All Things Shop'
MINNEAPOLIS, MN -- (Marketwired) -- 05/22/13 -- ValueVision Media, Inc. (NASDAQ: VVTV), the multichannel electronic retailer currently operating under the ShopNBC brand, announced today that it is rebranding its business as 'ShopHQ' (Visit www.shophq.com to see the new look and feel of the brand). The visual experience of the new brand begins today on TV, online, mobile and social platforms, with a gradual transition to the new brand and Interne...from: ShopNBC via Marketwire
More Breaking Retail News News
This afternoon Safebrain Systems, Inc. via Globe Newswire notes; "Safebrain Systems Inc. Announces the Latest 4.0 C.I.A. Sensor and Software is Ready for Retail" and Reportlinker via PR Newswire announced that "UK Retail Review & Sector Forecasts to 2017". Earlier today, "RetailMeNot.com to Help Drive Thousands of Deal-Seeking Movie Buffs to U.S. Theaters Over Memorial Day Weekend by Giving Away Super Coupons™ for Movie Tickets" wrote RetailMeNot via PR Newswire
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