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/ˈriːteɪl/
Meaning & Definition
noun
The sale of goods to the public, usually in small quantities.
Retail has been significantly affected by the rise of online shopping.
A retail store or business.
She works in a retail that specializes in home goods.
verb
To sell goods to the public in relatively small quantities for use or consumption rather than for resale.
The store decided to retail its products online to reach a wider audience.
To sell goods at a retail price.
The company plans to retail their new line of clothing starting next month.
adjective
Relating to the sale of goods to the public.
The retail industry is constantly evolving with new technologies.
Sold in small quantities to consumers.
The retail price of the product was much higher than expected.
Etymology
The word 'retail' comes from the Old French 'retailier,' meaning 'to cut again' or 'to divide.'
Common Phrases and Expressions
retail therapy
Shopping as a method to improve one's mood or mental state.
retail giant
A large retail company that dominates the market.
retail space
Physical space in which goods are sold to consumers.
Related Words
wholesale
The selling of goods in large quantities at lower prices to be resold by retailers.
merchant
A person or company involved in wholesale trade.
consumer
A person who purchases goods and services for personal use.
Slang Meanings
Retail therapy
After a stressful week, she indulged in some retail therapy by going shopping.
Retail apocalypse
The surge in online shopping has contributed to the retail apocalypse affecting many traditional stores.