Retail sales definition

Retail sales. As defined in the definition of Net Revenue.

Retail sales means and include all sales of tangible

Retail sales means the transfer to a customer of goods in exchange for payment occurring in retail stores, sidewalk sales, farmers’ markets, flea markets and restaurants. The term “retail sales” does not include sales of goods at yard sales, tag sales, and other sales by residents at their homes.

Examples of Retail sales in a sentence

• In each Contract Year during the Term Licensee shall expend not less than two percent (2%) of total Net Wholesale Sales, plus one percent (1%) of Net Retail Sales for advertising and promotional activities in the Territory (the "Advertising Obligation").

• All Exhibitors selling products or merchandise must have one of the following VISIBLE: (A) Iowa Retail Sales Tax Permit; or (B) Iowa Retailer’s Use Tax Permit.

• As a consequence, the Retail Sales Tax was imposed on 1 January 2021.

• On 1 September 2016, the Act of 6 July 2016 on Retail Sales Tax came into effect in Poland, but on 19 September 2016 the European Commission ordered the suspension of the collection of retail taxes pursuant to this legislation based on the breach of the European Union’s state aid rules arising from the selective advantages to small retailers included in the new law.

• In consideration of the license granted herein, Licensee shall pay to Licensor a percentage royalty (the "Percentage Royalty") in each Contract Year of five percent (5%) of Net Wholesale Sales, plus (i) two (2%) of Licensee's Net Retail Sales during the first five Contract Years of the Term, and (ii) three (3%) of Licensee's Net Retail Sales thereafter.

More Definitions of Retail sales

Retail sales means all sales except wholesale sales.

Retail sales means electricity sold to retail end users.

Retail sales means the sale of hemp-derived products in a commercial setting

Retail sales. As defined in the definition of Net Revenue. SEC: The United States Securities and Exchange Commission.

Retail sales means the sale of covered electronic devices through sales outlets, via the Internet, mail order, or other means, whether or not the retailer has a physical presence in this State.

Retail sales means all sales activities at the airport not directly related to the transportation of persons or property. Sales include but are not limited to food, beverages, souvenirs, sundries, books, newspapers, and magazines.

Retail sales means the sale of goods, wares, or merchandise for any purpose other than resale in the regular course of business, including restaurants and peddlers.