Retailers are business firms engaged in offering goods and services directly to consumers. In most—but not all—cases, retail outlets are primarily concerned with selling merchandise. Typically, such businesses sell individual units or small groupings of products to large numbers of customers.

retail trade – Investment & Finance Definition. An industry that sells primarily to individuals, not corporations. Usually, retail refers to retail outlets, where customers shop. With the Internet boom, many retail stores also sell products on their Web sites.

Define Retail trade. Retail trade synonyms, Retail trade.unciation, Retail trade translation, English dictionary definition of Retail trade. n. The functions and activities involved in the selling of commodities directly to consumers. n 1. a. the act of selling goods to consumers b.