Retail

Retail

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Retail refers to the process of selling goods or services directly to consumers for personal use. It involves the sale of products through physical stores, online platforms, or a combination of both. Retailers typically purchase goods from manufacturers or wholesalers and then sell them to the end consumer at a higher price, aiming to generate profit. The retail industry encompasses a wide range of businesses, including department stores, supermarkets, boutiques, e-commerce websites, and more.