Retail Business
A retail business is a type of commerce that sells goods or services directly to consumers. These businesses can range from small local shops to large chain stores and online platforms. Retailers purchase products from manufacturers or wholesalers and then sell them at a markup to earn a profit.
Retail businesses often focus on customer service and creating a pleasant shopping experience. They may offer a variety of products, including clothing, electronics, and groceries. Examples of retail businesses include Walmart, Target, and Amazon, which cater to different consumer needs and preferences.