Monday, August 30, 2021

Retail sale

A retail sale occurs when a business sells a product or service to final consumers for their own personal or household use. Retailing is a labour intensive business.

Retailing makes products and services available on a relatively large scale and supplying them to customers on a relatively small scale. The word "Retail" originates from a French-Italian word ‘Retailer’ meaning someone who cuts off or sheds a small piece from something.

It is the final step in the distribution of these goods and services. Today the retail industry is greatly affected by technological advances, demographic shifts and changing perceptions in the U.S. and globally.
Retail sale

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