retail trade

retail trade definition - finance
An industry that sells primarily to individuals, not corporations. Usually, retail refers to retail outlets, where customers shop. With the Internet boom, many retail stores also sell products on their Web sites. Retail trade is conducted in grocery, department, specialty, and apparel stores, among other venues.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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