what is retail

saurabj

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  • Retail is a process which involve buying and selling of merchandise. Where ever there is involment of customer dealing there it will be said as retailing.In a simple way, the buying and selling of goods to end users is retail.
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  • A retail sale occurs when a business sells a product or service to an individual consumer for his or her own use. The transaction itself can occur through a number of different sales channels, such as online, in a brick-and-mortar storefront, through direct sales, or direct mail. The aspect of the sale that qualifies it as a retail transaction is that the end user is the buyer.
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