Article by Glen Peebles
Retailing consists of the sale of goods or merchandise from a fixed location, such as a department store or kiosk, or by post, in small or individual lots for direct consumption by the purchaser. Retail establishments are often called shops or stores. Retailers are at the end of the supply chain. Retail comes from the French word retailer which refers to “cutting off, clip and divide” in terms of tailoring (1365). Retail companies spend nearly billion on energy each year A 10 percent reduction in energy costs for the average full-line discount retailer can boost net profit margins by as much as 1. Retail is one industry we all have a part in
