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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
Disney Consumer Products Poised for Incremental Retail Sales Growth with Lucasfilm Licensing and Robust Content Pipeline
Disney Consumer Products (DCP) is poised to widen the gap even further as the world’s largest licensor with another year of strong growth tied to robust sales of licensed Disney merchandise and the acquisition of top entertainment company Lucasfilm Ltd. During an exclusive presentation at the annual Licensing Expo 2013 trade show, Bob Chapek, president of Disney Consumer Products, announced the formal inc...from: Disney Consumer Products via Businesswire
More Breaking Retail News News
This afternoon Ascena Retail Group, Inc. via Businesswire notes; "Ascena Retail Group, Inc. Announces Participation in Oppenheimer’s 13th Annual Consumer Conference" and WWD News Feed announced that "Retail Apparel Prices Rise in May". Earlier today, "May online retail sales jump 16% despite tough comparables" wrote Retail Week News Feed
What are people saying about retail news on Twitter?
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