Retail refers to the sale of goods and services directly to consumers. Retailers operate stores, online platforms, or kiosks where customers can purchase items for personal use. Examples of retail businesses include grocery stores, clothing shops, and online marketplaces. Wholesale, on the other hand, involves selling goods in large quantities, typically to retailers or other businesses rather than individual consumers. Wholesalers purchase products from manufacturers and then distribute them to retailers at a lower price. This process helps retailers maintain inventory without needing to buy directly from producers, making it a crucial part of the supply chain.