Definition: Retail trade

Classifications

Retail trade is a form of trade in which goods are mainly purchased and resold to the consumer or end-user, generally in small quantities and in the state in which they were purchased (or following minor transformations).

This corresponds to the NACE Rev. 1 Division retail trade, except of motor vehicles and motorcycles; repair of personal and household goods. It includes the following Groups:
- retail sale in non-specialised stores;
- retail sale of food, beverages and tobacco in specialised stores;
- retail sale of pharmaceutical and medical goods, cosmetic and toilet articles;
- other retail sale of new goods in specialised stores;
- retail sale of second-hand goods in stores;
- retail sale not in stores;
- repair of personal and household goods.
Source:
Eurostat, "NACE Rev. 1 - Statistical classification of economic activities in the European Community", Office for Official Publications of the European Communities, Luxembourg, 1996
Created:
Updated:

Search box

Search