
Retail commerce
Retail commerce refers to the buying and selling of goods and services directly to consumers through various channels like stores, online websites, and mobile apps. It involves businesses sourcing products from manufacturers or wholesalers and selling them at a profit to individuals for personal use. Retail commerce includes activities such as inventory management, marketing, sales transactions, and customer service. It plays a crucial role in the economy by providing consumers access to a wide range of products and options, shaping shopping experiences, and adapting to changing technology and consumer preferences.