Definition of «retail sector»

The retail sector refers to businesses that sell goods directly to consumers. This includes a wide range of establishments such as department stores, grocery stores, clothing boutiques, electronics shops, and many more. The goal of these businesses is to provide customers with the products they need or want, while also making a profit. The retail sector is an important part of the economy, as it provides jobs for millions of people worldwide and contributes significantly to overall economic growth.

Sentences with «retail sector»

  • The Australian retail sector as a whole experienced very flat growth across 2010 — 14, before picking up, as bookstores did, in 2015. (theconversation.com)
  • The community has a strong retail sector with a large factory outlet mall. (houserebate.com)
  • My client is a local manufacturing company supplying building products for the industrial and retail sectors who require a Maintenance Engineer. (cv-library.co.uk)
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