<strong>Retail Arbitrage</strong> – [re-tail ar-be-trahz] <em>noun:</em> <br /><br /> <span id="answer">Retail Arbitrage is the process of purchasing a product for a lower, or slightly discounted, price and then trying to sell the same product at a higher price for a profit. The most reliable source of products is generally the clearance racks of stores like Target, Sears, and Walmart. </span>