Retailing is the final step of an economic activity and the essence of retailing comprises of selling goods and merchandise from a permanent location (such as a boutique, a kiosk or a departmental store) in small or individual batches to the consumer for direct consumption. Modern retailing does not end there. An array of supplementary services is now provided to the customers along with the shopping experience as value addition. The customers may be individuals or business houses. In commerce, the key aspects of retail lies in the act of procuring goods in large quantities from the manufacturer directly or the wholesaler or any agent of the producer and selling in small or individual lots to the consumer.