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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
Jesta I.S. and Consciência Solutions and Technology Partnering to Deliver Retail ERP for South America
Jesta I.S., a global leading provider of enterprise business solutions, announced today its strategic alliance with Consciência Solutions and Technology, an enterprise solution provider firm based in Brazil, to strengthen its presence in the South American market. Jesta I.S. has partnered with Consciência to expand its portfolio of solutions and services in Brazil to retailers involved in apparel, ...from: Jesta I.S. via Businesswire
More Breaking Retail News News
This afternoon ECR Software Corp. via Businesswire notes; "ECRS Ranked #1 in Retail Industry’s Most Prestigious Software Survey" and TriNet via PR Newswire announced that "Small Business Hiring in Retail and Wholesale up 27% for This Holiday Season Compared to 2012". Earlier today, "OHL Sees Retailers Strengthen Omni-Channel Strategies, Black Friday and Cyber Monday Sales Continue to Grow" wrote OHL via PR Newswire
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