When used as a noun, retail describes the sale of a product by a business (the retailer) to a consumer. When used as an adverb, retail describes the price point of the product. For example, when purchasing a computer part at a retail store, you’ll pay the suggested retail price. Exceptions to this rule include the item being on sale, purchased as a brown box, sold as OEM, or refurbished.
Examples of retail stores
The following list includes examples of the different types of retail stores that sell to consumers in alphabetical order.
- Big box store - A store that specializes in a product. For example, Best Buy specializes in electronics.
- Department store - Store that sells many different types of products. For example, Target is an example of a department store.
- Discount store - A store that sells discounted items. Walmart is an example of a discount store.
- E-commerce store - An online website that sells products to a consumer over the Internet.
- Mom-and-pop store - A small store that often meets a specific niche and is run by a small business owner.
- Warehouse store - A store that specializes in low prices that are subsidized by a membership. Costco is an example of a warehouse store.
What is the difference between a retailer and a reseller?
A reseller is buying a product or service with the intention of reselling to another person or company. A retailer buys a product with only the intention of selling it to a consumer to meet their needs.
B2C, Business terms, Drop shipping, E-commerce, Online shopping, POS, Reseller
Related information
- How to accept credit cards on a web page.
- How to make money on a website or blog.
- Where to buy computer hardware parts.
- List of computer-related retailers.