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Retail

Retail Terms & Acronyms

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Retail is a Term describing the retail industry: The sale of goods or commodities in small quantities to consumers. This includes brick-and-mortar stores, mail-order and online (web-based, mobile-app-based) retailers.

Alternative or related names include: Business-to-Customer, Consumer Packaged Goods, Fast Moving Consumer Goods Business-to-Customer

C
  • CPG (Consumer Packaged Goods)
D
  • DL (Delivered)
F
  • FMCG (Fast Moving Consumer Goods)
I
  • IR (Information Received)
  • IT (In Transit)
O
  • OD (Out for Delivery)
  • OTB (Open-to-Buy)
P
  • PU (Picked Up)
R
  • RL1 (Commercial Return)
  • RL7 (Recall Return)