A retail store is a physical or virtual establishment where businesses offer a selection of products or services directly to consumers for purchase. Retail stores, also known simply as “retailers” or “shops,” are physical establishments where products or services are sold directly to consumers.A retail store is a physical or virtual establishment where businesses offer a selection of products or services directly to consumers for purchase. Retail stores, also known simply as “retailers” or “shops,” are physical establishments where products or services are sold directly to consumers.A retail store is a physical or virtual establishment where businesses offer a selection of products or services directly to consumers for purchase. Retail stores, also known simply as “retailers” or “shops,” are physical establishments where products or services are sold directly to consumers.