Retail, English retail sale , is the most common transaction in everyday life. All of us as consumers buy goods from retailers, mostly consumer goods and food products.
The retail sale or retail trade is also defined as B2C, from the English Business to Consumer, and constitutes the final part of the distribution chain or the sale to the final consumer Zellebrate.
Let’s see who are the actors who carry out retail sales, also called retail sales.
Retail dealers, the main cases
In addition to these ways of classifying this type of merchant, the term “retail” can be replaced with “retail”, creating a multiplicity of terms such as retailer or retailer.
To clarify, the retail trade includes all B2C sales activities or to final consumers. The retail trader can therefore be a supermarket, an appliance store, or a street vendor.
The main categories of retail traders
Retail merchants mainly sell three categories of products:
Food products, such as small retailers that usually have fresh products or such as supermarkets. Durable consumer goods, such as household appliances and the like
Common consumer goods, such as clothes and the like
Fixed or itinerant retail trader
The retail trader can carry on his business from his physical or virtual store. When we talk about virtual shops, we mean e-commerce and telematic mail order sites .
Physical stores, on the other hand, can take two forms, mainly a shop with a fixed or itinerant location.
The fixed location is the most structured and common case, they are the various shops such as restaurants, supermarkets, clothing stores or household appliances. The merchant who chooses this business model must have a well-structured plan because the use of a fixed location requires large initial investments.
The street vendor usually participates in fairs, markets or holidays and rarely has a permanent place or a regular clientele. Some retailers have a brick-and-mortar store but occasionally participate in street vending events to expose themselves to a new audience and expand their clientele.
Tax obligations for retail traders
Retailers, especially in Italy, are a large part of the workforce and are often family businesses or micro businesses . Fortunately, the tax obligations are very simple.
Each retail transaction must be paid from a receipt or receipt , while the amount of daily sales must be recorded in the consideration register .
In case the customer requests the invoice , the retail trader is obliged to issue the invoice. The amount of the invoice must be separated from the total of the daily payments to avoid counting this figure twice.
In its simplest definition, retail is the sale of various goods and services to customers with the intention of making a profit.
Retail includes selling through multiple channels, so store-bought and online-bought items both apply. The definition of retail is broad enough to include traveling merchants from antiquity to sprawling shopping malls, big-box stores, and e-commerce platforms.