Concept information
Preferred term
retail sector
Definition
- Retailing involves all the activities used to sell goods and services directly to final consumers for personal nonbusiness use; global retailing represents retailing activities that cross national boundaries. Over the past several centuries, entrepreneurial merchants have ventured abroad to exchange merchandise and open retail operations. [Source: Encyclopedia of Business in Today's World; Retail Sector]
Broader concept
Narrower concepts
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/retail_sector
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