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Retail trade
Definition
Retail trade consists of selling merchandise in the state that it is purchased (or after minor transformations), generally to a customer base of private individuals, regardless of the quantities sold. In addition to sales, retail trade activity may also cover delivery and installation at the customer's home (of furniture or household appliances for example).
The marketing of a good generally successively includes wholesale trade activity (inter-company trade) followed by retail trade activity, but certain goods (capital goods) are not the subject of retail trade.
Note
In NAF rev. 2, retail is mainly described
in the trade part of division 47, "Retail excluding automobiles and motorcycles".
It covers the following groups:
- Non-specialist retailers,
- Specialist food retailers,
- Fuel retail in specialist stores
- Specialist information and communication equipment retailers
- Other specialist household equipment retailers
- Specialist retailers of cultural and leisure items
- Other specialist retailers
- Retail in sidewalk sales and markets
- Out-of-store, sidewalk or market retail
Retail of vehicles and automobile and motorcycle accessories are classified in division 45, "Automobile and motorcycle trade and repair".
