Retail

Retail refers to the sale of goods or services directly to consumers for personal use. It encompasses various channels, including physical stores, online platforms, and mobile apps, where products are sold in smaller quantities compared to wholesale transactions. Retail can involve a wide range of merchandise, from groceries and clothing to electronics and home goods. Retailers can operate as small independent businesses or as large chains and franchises. The retail sector plays a crucial role in the economy, providing employment opportunities and contributing to economic growth through consumer spending.