Retail
Retail is the business activity of selling goods or services directly to consumers for their personal use, often in small quantities and at a markup from wholesale prices. This sector drives everyday commerce, from bustling high-street shops to seamless online platforms, and has evolved with technology to include personalized shopping experiences that influence consumer behavior worldwide.
Did you know?
The global retail market is projected to reach $28 trillion by 2025, with e-commerce making up a staggering 22% of that total, largely thanks to the rise of platforms like Amazon that transformed how we shop. This digital shift was accelerated by the COVID-19 pandemic, which saw online retail sales surge by 27.6% in 2020 alone.
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