Retailers are businesses that sell goods or services directly to consumers. They can operate in various formats, including physical stores, online platforms, or a combination of both. Retailers purchase products from manufacturers or wholesalers and then offer them to customers at a marked-up price. Common examples of retailers include grocery stores, clothing shops, and electronics outlets.
Retailers play a crucial role in the economy by providing access to a wide range of products. They help facilitate the distribution of goods from producers to consumers, making it easier for people to find what they need. Additionally, retailers often provide customer service, return policies, and promotions to enhance the shopping experience.