1. Retail
definition
Retail is the sale of
goods to end users, not
for resale, but for use
and consumption by the
purchaser. The retail
transaction is at the end
of the supply chain.
Manufacturers sell large
quantities of products to
retailers, and retailers
attempt to sell those
same quantities of
products to consumers.

2. A marketplace is a location where goods and
services are exchanged. The traditional
market square is a city square where traders
set up stalls and buyers browse the stores.
This kind of market is very old, and countless
such markets are still in operation around the
whole world.
In some parts of the world, the retail
business is still dominated by small family-
run stores, but this market is increasingly
being taken over by large retail chains. Most
of these stores are called high street stores.
Gradually high street stores are being re-
grouped at one location called Malls. These
are more defined and planned spaces for
retail stores and Brands