noun
retail market
Refers to a physical marketplace or the retail sector as a whole.
この地域の小売り市場は活気がある。
The retail market in this area is lively.
小売り市場の動向を調査する。
We research trends in the retail market.
卸売市場 means 'wholesale market', where goods are sold in bulk to retailers, while 小売り市場 is the retail market where consumers buy.
Compound of 小売り (こうり, 'retail') and 市場 (いちば, 'market').