Retail provides a product for sale. Hospitality provides a service for sale
Retail are sales direct to the consumer and wholesale is when you sell to a distributor who then resells.
Wholesale banking is the business transactions that go on between banks. Retail banking has to do with direct customers of the bank.
These terms are usually used synonymously.
Retail Banking is nothing but the one which directly deals with and stands for General Public . And the other types like Commercial and corporate are what we can say as Non-Retail Banking
A wholesale mortgage is done through a broker who then originates it with the bank that funds the loan. A retail mortgage is originated directly with the bank that will fund the transaction.
Manufacturing is making something, hospitality is the action of making people welcome.
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What is internal and external customer?
Carpet area is carpet area and retail area is retail area
Shrinkage is the difference between the stock on the inventory book and the actual physical stock. Shrinkage is also deifned as the difference between the value ( retail price ) of the stock on the inventory book and the value of the ( retail price ) actual physical stock. Shrinkage % is calculated as the difference between the value ( retail price ) of the stock on the inventory book and the value of the ( retail price ) actual physical stock by the retail sales of this volume
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A wholesale business usually operates on a B2B platform, selling goods in bulk directly to other businesses like retailers, distributors, or manufacturers. The focus is on large-volume sales at lower unit prices, helping buyers stock up and resell products to end customers. Wholesalers often act as a bridge between producers and retailers, ensuring a steady supply chain. Retail businesses, on the other hand, sell directly to the final consumer in smaller quantities. Their pricing is higher per unit because they buy in bulk from wholesalers and then add a margin for profit. While wholesalers work behind the scenes, retailers are customer-facing and manage day-to-day interactions with buyers. With digital growth partner like Pepagora, the line between wholesale and retail is becoming more efficient, as a B2B platform allows both sides to connect, trade smarter, and streamline growth in today’s fast-moving market.
trash bags are black and bulky , retail bags are fancy
In the tourism industry, "hospitality" refers to services related to accommodation, food, and overall guest experience (like hotels, restaurants, and resorts). "Service travel," on the other hand, focuses on the transportation and travel-related services that help tourists reach and explore destinations, such as airlines, travel agencies, and tour operators. In short: Hospitality = Stay and comfort Service travel = Getting there and moving around
A hospital helps you get well if you broke a leg or have a disease but hospitality is when someone treats someone else like family with care and love.
There is little difference between a retail store and a department store. A retail store offers many brands and products designed as a single store. A department store is normally one brand or company but may be a part of a larger retail establishment such as a mall.
Hospitality retail refers to the sector that combines elements of hospitality and retail, typically found in settings like hotels, restaurants, and resorts. It includes the sale of products and services that enhance the guest experience, such as food and beverages, souvenirs, or convenience items. This sector focuses on providing exceptional customer service and creating an inviting atmosphere to encourage purchases and enhance overall guest satisfaction. Essentially, it merges the principles of retail with the service-oriented nature of the hospitality industry.