Retailing

Additional Info

via Wikipedia
Retailing consists of the sale of goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be individuals or businesses. In commerce, a "retailer" buys goods or products in large quantities from manufacturers or importers, either directly or through a wholesaler, and then sells smaller quantities to the end-user. Retail establishments are often called shops or stores. Retailers are at the end of the supply chain. Manufacturing marketers see the process of retailing as a necessary part of their overall distribution strategy. The term "retailer" is also applied where a service provider services the needs of a large number of individuals, such as a public utility, like electric power.

In the News

  • UK retail sales growth picks up

    BBC News 1 day, 17 hours ago

    UK retail sales in October rose at the fastest annual pace since May 2008, government figures have shown. Data from the Office for National Statistics (ONS) ...

  • Another 2000 workers at Threshers and Wine Rack to lose their jobs

    Telegraph.co.uk 10 hours, 9 minutes ago

    By Amy Wilson First Quench Retailing, the owner of the stores, went into administration in October and 373 shops closed at the time, with the loss of more ...

Web Search Results