Retail is nothing, but a transaction of goods for money between the Saller saller and a end user . As a single unit or small quantities to satisfy the need of the individual.
To buy large quantities of goods from MANUFACTRING and to sell or sell them according to customers, to call it retail or to know the needs of customers.
retail is the process of selling consumer goods and service by them. retail means selling in small numbers instead of selling in bulk. product can be sold through multiple channels like malls, departmental store, ecommerce sites etc.