Definition, Meaning & Synonyms

retail-company

Noun

/ˈriː.teɪl ˈkʌm.pə.ni/

Definition

A retail company is a business that sells goods directly to consumers.

Examples

Walmart is a well-known retail company with stores worldwide.
Online retail companies like Amazon have changed the way people shop.
Many retail companies offer seasonal sales to attract customers.

Meaning

Retail companies operate in the retail industry, providing products to the end-users for personal use, rather than for resale. These businesses can operate through physical stores, online platforms, or both, catering to the needs and preferences of individual shoppers.