retail market
- noun
- /ˈriːteɪl ˈmɑːrkɪt/
- The retail market offers a wide variety of products for everyday consumers.
- wholesale and retail market
Examples
-
Competitors LVMH and PPR have so far been slow to enter the retail market in African countries.
Blog text (27) -
In both cities, imports dominated the retail market, especially from April through July, when the supplying regions produced less paddy and yams became scarce.
Academic text (2009) -
China National Offshore Oil Corporation has a relatively small share in the retail market.
Academic text (2014) -
Combined, Random House and Penguin will control about 25% of the retail market.
Blog text (12) -
The end products are sold in retail markets and through professional landscaping companies.
Academic text (1999) -
Possible markets for the sale of art include auction houses or the secondary market, and commercial galleries or the retail market.
Academic text (2015) -
Then everyone had to deal with lower discretionary income, and the retail market went into the toilet.
Blog text (28) -
Singapore is the second largest market for imports and re-exports, but the local retail market is also very important.
Academic text (1993) -
Online sellers are gobbling up an ever-growing share of the retail market and eroding Minnesota's sales tax base.
Blog text (8) -
Many local businesses thrive in the retail market by selling handmade goods.
Synonyms
A shop where people buy goods like food or clothes
A place where people buy and sell food and other items
A place where businesses compete to sell goods and services to customers
A shop that sells goods in small amounts directly to people
A shop or store that sells things to people
How Big
Surface Forms
Morphology
The meaning is directly compositional: 'retail' (selling to end consumers) modifies 'market' (place/system of commerce), so 'retail market' straightforwardly denotes a market for sales to consumers. This noun–noun compounding is a common and transparent pattern across languages, so a B1 learner who knows both constituents would readily derive the meaning.
Etymology
Retail market comes from old market scenes where sellers would cut large goods into small pieces and sell them directly at stalls, so retail suggests selling in small amounts and market is the place to buy. So today retail market means the place or industry where goods are sold straight to 'consumers' rather than to 'producers' or other sellers.