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What is Understanding Retailing: Definition & Meaning about?

This document provides an overview of retailing, including: 1. Retailing is defined as selling products or services to consumers for personal use by matching supply with demand. 2. Retailing has become integral to everyday life and strong retail sectors are linked to economic and social progress due to convenient access and choice. 3. Retailing encompasses various sales channels beyond physical stores, including mail, internet, and direct sales.

Author

Richa Tiwari

Language

EN