Retail

Retail refers to the sale of goods or services directly to consumers for personal use. It involves the process of selling products in small quantities, often through various formats such as stores, online platforms, or kiosks. Retail can encompass a wide range of industries, including clothing, electronics, groceries, and more. Retailers typically purchase products from wholesalers or manufacturers and then sell them at a markup to end consumers. The retail sector plays a crucial role in the economy, serving as a bridge between producers and consumers, and is vital for the distribution of goods and services. Retail environments can vary significantly, including physical stores, e-commerce websites, and mobile apps, adapting to consumer preferences and technological advancements.