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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
UK Retail Review & Sector Forecasts to 2017
UK Retail Review & Sector Forecasts to 2017PR NewswireNEW YORK, May 22, 2013NEW YORK, May 22, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:UK Retail Review & Sector Forecasts to 2017http://www.reportlinker.com/p01174920/UK-Retail-Review--Sector-Forecasts-to-2017.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=RetailIntroductionThe UK retail sector is highly c...from: Reportlinker via PR Newswire
More Breaking Retail News News
This afternoon RetailMeNot via PR Newswire notes; "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" and PeopleAnswers via Businesswire announced that "Bon-Ton Chooses PeopleAnswers to Help Improve Retail Sales". Earlier today, "National Retail Properties, Inc. Announces Offering Of Depositary Shares Representing Series E Cumulative Redeemable Preferred Stock" wrote National Retail Properties, Inc. via PR Newswire
What are people saying about retail news on Twitter?
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