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Retail has become much broader in scope in the earlyst century, thanks to the expansion of Internet retailing and other, less-traditional retail channels. Still, most retail business takes place in brick-and-mortar stores. These stores break bulk inventory into single consumable units, hold inventory for purchase, merchandise it to customers, provide services in support of the products, and attempt to satisfy the needs of customers. Retailers typically buy products from wholesalers or manufacturers for resale to end customers.
where as Retail Management is a leadership role in an organization that includes employee motivation and supervision, monitoring of business activities, organizational communication, and direction and planning. Decision-making is a role often associated with a business manager. Other employees within the business typically look for the manager to provide vision, direction and fair working conditions, and to instill a sense of purpose for business activities.
