Retail

Retail refers to the sale of goods and services to consumers for personal or household use. It involves the process of purchasing products from wholesalers or manufacturers and then selling them directly to end-users in smaller quantities. Retail can occur through various channels, including physical storefronts, online platforms, and catalogs. Retailers may sell a broad range of products, including clothing, electronics, groceries, and more. The retail sector plays a crucial role in the economy, as it facilitates consumer access to products, drives competition, and contributes to employment and community development. Retail businesses can range from small local shops to large multinational chains.