Retailer
A Retailer is an company that purchases goods from other manufacturers or wholesalers and then sells smaller quantities to the consumer for a profit.
- Context:
- It can operate a Physical Retail Store and/or a Retailer Website.
- See: End-User, Product (Business), Door-To-Door, Delivery (Commerce), Shopping Mall, Electronic Commerce, Mail Order, Shopping.
References
2014
- (Wikipedia, 2014) ⇒ http://en.wikipedia.org/wiki/retail Retrieved:2014-1-10.
- Retail is the sale of something in general.
Retail is the sale of goods and services from individuals or businesses to the end-user. Retailers are part of an integrated system called the supply chain. A retailer purchases goods or products in large quantities from manufacturers directly or through a wholesale, and then sells smaller quantities to the consumer for a profit. Retailing can be done in either fixed locations like stores or markets, door-to-door or by delivery. Retailing includes subordinated services, such as delivery. The term "retailer" is also applied where a service provider services the needs of a large number of individuals, such as for the public.
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 protect customers from 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 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 the sale of something in general.