What is Retail trade?


Retail trade means all the activities in selling products or services directly to final consumers for their personal, non-business use.

Retail goods include: motor vehicles, food, beverages, household, music-related goods, pharmaceutical and medical goods, cosmetics, toiletries, textiles, clothing, footwear and leather, furniture and lighting, bar retail etc.
Retailers are businesses whose sales come primarily from retailing

Normally retail goods are sold to customers through three main selling channels:
•        Predominantly food stores
•        Predominantly non-food stores, example electronics stores.
Non-store retailing, example such services as vending machines and  direct-to-home selling.

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