Definition of retail noun from the Oxford Advanced Learner's Dictionary

 

retail1

 noun
noun
BrE BrE//ˈriːteɪl//
 
; NAmE NAmE//ˈriːteɪl//
 
Cost and payment
 
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[uncountable] the selling of goods to the public, usually through shops/stores The recommended retail price is £9.99. department stores and other retail outlets the retail trade compare wholesale See related entries: Cost and payment Word Origin late Middle English: from an Anglo-Norman French use of Old French retaille ‘a piece cut off’, from retaillier, from re- (expressing intensive force) + tailler ‘to cut’.Extra examples The recommended retail price is £19.99. producing goods for retail profits in the company’s high street retail outlets
See the Oxford Advanced American Dictionary entry: retail