retail businesses
Retail businesses are establishments that sell goods or services directly to consumers. They can range from small local shops to large chain stores and online platforms. Retailers purchase products from manufacturers or wholesalers and then offer them to customers at a markup, making a profit on each sale.
These businesses play a crucial role in the economy by providing jobs and contributing to local communities. Common examples of retail businesses include grocery stores, clothing shops, and e-commerce websites. They often focus on customer service and creating a pleasant shopping experience to encourage repeat business.