Definition, Meaning & Synonyms
retail
noun and verb
/ˈriːteɪl/
Definition
The sale of goods to the public in relatively small quantities for use or consumption rather than for resale.
Examples
- The retail of clothing has seen a significant shift towards online shopping.
- She works in retail, helping customers find the right products.
- Many people prefer retail stores for their immediacy and convenience.
Meaning
Retail refers to the process of selling products directly to consumers. It contrasts with wholesale, where goods are sold in bulk to retailers or other businesses.
Synonyms
- sale
- merchandising
- retailing
