What is Retail?

When used as a noun, retail describes the sale of a product by a business (the retailer) to a consumer. When used as an adverb, retail describes the price point of the product. For example, when purchasing a computer part at a retail store, you'll pay the suggested retail price, unless it's on sale, being purchased as a brown box, sold as OEM, or refurbished.

Examples of types of retail stores

The following list includes examples of the different types of retail stores that sell to consumers in alphabetical order.

Big box store - A store that specializes in a product. For example, Best Buy specializes in electronics.

Department store - Store that sells many different types of products. For example, Target is an example of a department store.

Discount store - A store that sells discounted items. Walmart is an example of a discount store.

E-commerce store - An online website that sells products to a consumer over the Internet.

Mom-and-pop store - A small store that often meets a specific niche and is run by a small business owner.

Warehouse store - A store that specializes in low prices that are subsidized by a membership. Costco is an example of a warehouse store.

What is the difference between a retailer and a reseller?

A reseller is buying a product or service with the intention of reselling to another person or company. A retailer buys a product with only the intention of selling it to a consumer to meet his or her needs.

What is an Operating System? » Computer Shortcut Keys and their Functions » Keyboard Function Keys » Computer Basics - Hardware - Software - Parts
Short Stories

for Kids - Moral Stories – English Short Stories for Children - Moral Stories for Kids - Stories for Kids - Funny Story for Kids - Scary Stories for Kids - Really Funny Short Stories - Bedtime Stories
Proverb Stories
Powerful Motivational Quotes for Students » Success Quotes » English Short Stories for Kids
Cabin Crew Jobs & Career Advice » Secretary Job Description » Receptionist Job Description » Top 100 Interview Questions and Answers » How to Prepare for an Interview » How to Write a CV » How to Choose a Career » Computer Shortcut Keys and their Functions

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Computer Basics FAQ.

Army Jobs - Navy Jobs - Military Jobs

Scholarship 2024/25

Current Scholarships 2024/2025 - Fully Funded

Full Undergraduate Scholarships 2024/2025

Fully Funded Masters Scholarships 2024/25

PhD Scholarships for International Students - Fully Funded!

Funding Opportunities for Journalists 2024/2025

Funding for NGOs 2024/2025

Funding for Artists 2024/2025

Funding for Entrepreneurs 2024/2025

✅Over 4500 Current Fully Funded Scholarships for International Students

✅ Undergraduate Scholarships 2024

✅ Masters Scholarships 2024

✅ PhD Scholarships 2024 Click Here!

Free Scholarship Newsletter --- E-mail Address

First Name

Then Don't worry — your e-mail address is totally secure. I promise to use it only to send you Advance Africa Newsletter.