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Definition of retail for English Language Learners. : to sell (something) to customers for their own use. : to be sold to the final customer for a specified price.
Retail is the process of selling consumer goods and/or services to customers through multiple channels of distribution to earn a profit. Demand is created through diverse target markets and promotional tactics, satisfying consumers' wants and needs through a lean supply chain.etail is usually classified by type of products as follows: 1  Food products â typically require cold storage facilities. 2  Hard goods or durable goods (hardline retailers) â automobiles, appliances, electronics, furniture, sporting goods, lumber, etc., and parts for them.