Retail is the process of selling consumer goods and/or
services to customers through multiple channels of distribution to earn a
profit. Demand is created through diverse target markets and
promotional tactics, satisfying consumers' wants and needs through a
lean supply chain. In the 2000s, an increasing amount of retailing is
done
online using electronic payment and delivery via a
courier or
postal mail.
Retailing includes subordinated services, such as delivery. The term
"retailer" is also applied where a service provider services the small
orders of a large number of individuals, rather than large orders of a
small number of
wholesale,
corporate or government clientele. Shops may be on residential streets, streets with few or no houses, or in a
shopping mall.
Shopping streets may be for pedestrians only. Sometimes a shopping street has a partial or full
roof
to create a more comfortable shopping environment protecting customers
from various types of weather conditions such as extreme temperatures,
winds or
precipitation. Online retailing, a type of
electronic commerce used for business-to-consumer (B2C) transactions and
mail order, are forms of non-shop retailing.
Shopping generally refers to the act of
buying products. Sometimes this is done to obtain
final goods including necessities such as food and clothing; sometimes it is done as a
recreational
activity. Recreational shopping often involves window shopping (just
looking, not buying) and browsing and does not always result in a
purchase.
"RETAIL IS DETAIL"
-THANKS FOR ATTETION-
