About RETAIL
Retail refers to buying and selling.Retailer purchases the goods from Suppliers and sell it to end customers.There are an estimated 3.7 million retail establishments in the U.S., from stores to restaurants to salons to gas stations, pest control providers, and auto mechanics
Retail is the process of selling consumer goods or services to customer through multiple channels
The retail supply chain generally consists of four players: manufacturers who produce the goods, wholesalers or distributors who buy from manufacturers and resell to retailers, and retailers who buy from wholesalers and then sell to consumers