
Retailing
Retailing refers to the process of selling goods or services directly to consumers for their personal use. It encompasses various channels, including physical stores, online shops, and mobile apps. Retailers purchase products from manufacturers or wholesalers, mark up the prices, and present them to customers in a way that encourages sales. The retail environment can range from small local shops to large department stores and e-commerce platforms. Effective retailing involves understanding customer needs, inventory management, and marketing strategies to attract shoppers and provide a satisfying shopping experience.