retailre·tail1 /ˈriːteɪl/ noun [uncountableU]COMMERCE1the sale of goods to customers for their own use, rather than to shops etcHis experience in retail includes managing a number of shopping centres in New Zealand.
The Potato Marketing Board determines the size range of potatoes which can be offered for retail.
→ compare wholesale1 2retail trade/market/business etc the selling of goods or services to members of the public, or companies involved in thisAnyone working in the retail trade will often have to deal with customers who want to exchange or return goods.
3retail shop/outlet/store etc a shop etc that is open to members of the publicThese large retail outlets stock a wide range of goods.
4retail banking/brokerage banking or investment services available to members of the public, rather than to businesses or companies 5retail customer/consumer etc an individual customer etc, rather than a business or companyThe scheme relates to all new cars sold to retail customers.