Retail - Business concept of the day

Retail - Business concept of the day

Retail

GlobalLinker Staff

GlobalLinker Staff

14 Aug 2018, 10:53 — 1 min read

Definition: The sale of goods to the public in relatively small quantities for use or consumption rather than for resale.

Example: The mall had a host of stores geared towards selling to the end consumer.

Business insight: The retail sector generally grows when a country’s economy grows.

 


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