What is considered retail sales?

WE Weishen asked on 09 June 2020, 15:35
3 answers / 1402 views / 0 votes
KE
Retail sales normally represent purchases of the finished goods and services by the consumers and the businesses
KE
Retail sales normally represent purchases of the finished goods and services by the consumers and the businesses
JO

Retail sales represent purchases of finished goods and services by consumers and businesses. They occur with products that have made it to the end of the supply chain. ... The beginning of the supply chain includes commodities and other raw materials. Manufacturers create the product.

Retail goods can be sold through stores, kiosks, or even by mail or the Internet. Retail businesses can include grocery, drug, department and convenient stores. Service related businesses such as beauty salons and rental places are also considered retail businesses.

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