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 they often focus on providing a variety of products, such as clothing, electronics, or groceries. Retailers typically purchase items from manufacturers or wholesalers and then sell them at a markup to earn a profit. Retail businesses can operate in physical locations, like shopping malls and boutiques, or online through e-commerce platforms. They play a crucial role in the economy by providing jobs and facilitating consumer access to products. Effective marketing and customer service are essential for success in the retail industry.