Retail refers to the sale of goods and services directly to consumers. It encompasses a wide range of businesses, from large department stores to small local shops. Retailers play a crucial role in the economy by providing products that meet the needs and preferences of consumers.
In recent years, the retail landscape has evolved significantly due to the rise of e-commerce and online shopping. Many traditional retailers have adapted by establishing an online presence, while new digital-only brands have emerged. This shift has transformed how consumers shop, making it more convenient to access a variety of products from the comfort of their homes.