The retail industry refers to the sector of the economy that involves the sale of goods and services directly to consumers. This industry includes a variety of businesses, such as department stores, grocery stores, specialty shops, online retailers, and more. Retailers typically purchase products from wholesalers or manufacturers and then sell them to end customers at a markup. The retail industry plays a crucial role in the distribution of goods, serving as the final link in the supply chain before products reach consumers. It encompasses various formats, including brick-and-mortar stores, e-commerce platforms, and mobile shopping applications. The industry is characterized by its focus on customer service, inventory management, and marketing strategies to attract and retain customers. The performance of the retail industry is often seen as a key indicator of overall economic health, as it reflects consumer spending patterns and trends.
7＆i Holdings faces setbacks as buyout plans collapse after Itochu Corporation withdraws support. The company must now pivot, considering potential acquisitions or focusing on independent growth. Investor expectations shift, focusing…