retail sector
Consumer sales business
The retail sector is the segment of the economy comprising businesses that sell goods directly to consumers.
It includes department stores, specialty shops, supermarkets, and online retailers.
Economic analysts track the retail sector as an indicator of consumer spending and confidence: Holiday sales figures show strength in the retail sector.
The term appears frequently in business news and employment statistics.
- commerceExchange of goods, services
- brick-and-mortarPhysically present business
- curbside pickupOutdoor order retrieval
- department storeLarge multi-section retail establishment
- direct-to-consumerSelling without retail intermediaries
big box store · drop shipping · online marketplace · trade · shopping mall · price sensitivity · loss prevention · seasonal trends · discount store · shrinkage · franchise · specialty store · impulse buying · flash sale · fitting room · brand loyalty · digital signage · window shopping
- industriesbusiness, factories, education, health, supply chain
- sectorsfinancials, industrials, technology, materials, tech
- Baltic economiesLatvia, Estonia, Lithuania, Riga, Tallinn
- South Korean economySamsung, Hyundai, LG, chaebol, chaebols
- Chilean Economypeso, copper mining, GDP, economic growth, GDP growth
- UK economyBank of England, pound sterling, GDP, London Stock Exchange, sterling
retail sectorwholesale trade
Selling large quantities to resellers
wholesale distribution · wholesale · wholesale markets · commercial distribution · industrial supply
retail sectormanufacturing sector
Production-focused economic segment
industrial sector · agriculture sector · heavy industry · service sector · mining sector