Retail is the process of selling goods and services to consumers through various channels, such as physical stores, online marketplaces, and mobile applications. Retailers buy products from manufacturers or wholesalers and then sell them to consumers at a markup. Retailers can sell a wide range of products, including clothing, electronics, food and beverages, beauty products, and household goods.

There are several types of retailers, including:

Brick-and-mortar retailers: These are traditional retailers that have physical stores where customers can browse and purchase products. Examples include department stores, supermarkets, and specialty shops.

E-commerce retailers: These are retailers that operate online marketplaces, allowing customers to shop and purchase products from the comfort of their own homes. Examples include Amazon, Alibaba, and eBay.

Mobile retailers: These are retailers that operate through mobile applications, allowing customers to shop and purchase products on their smartphones or tablets. Examples include the apps for Amazon and Walmart.

Retailers use various marketing strategies to attract customers, including sales promotions, discounts, and loyalty programs. They also use data analytics to better understand customer behavior and preferences, allowing them to tailor their marketing strategies and product offerings to meet customer needs.

Retail is a major component of the global economy, accounting for a significant portion of consumer spending and employment. The retail industry has been transformed by technology in recent years, with the rise of e-commerce and mobile commerce changing the way consumers shop and purchase products.