Retail, or retailing, is the sale of goods, merchandise, and services to the end consumer. In traditional commerce, retailers, commonly referred to as stores and shops, are in fixed locations and conduct selling transactions to buyers. In the past decade, retailing has taken on many new forms due to emerging technologies, most notably in the form of e-commerce. In electronic commerce, retailers and retailing are often referred to as eretailers and eretailing.
Regardless of where you spend your money for purchasing day to day goods, you are actively involved in retailing. For example, let’s say you do your weekly grocery and household item shopping at Wal-Mart. Wal-Mart fills their shelves with merchandise which they purchase in bulk through manufacturers around the globe. In the traditional commerce chain, Wal-Mart is the retailer, or seller, and you are the consumer, or buyer. Retailers fall in line at the end of the supply chain.
In this section, you will find retail calculators related to buying and selling which can be utilized by consumers, retailers, and manufactures alike. We are constantly striving to keep up to date with the latest trends and technology. Whether you are looking for retail calculators to help you save a few dollars on your next purchase or a merchant looking to maximize your profit, there is a calculator for the job in this section.