Merchandise/ˈmɜːrtʃəndaɪs,ˈmɜːrtʃəndaɪz/ Definition 1 of 2Pro Tip 1/3Business Context The term is widely used in trade and retail settings to refer to products for sale. The new merchandise will hit the shelves next week. Pro Tip 2/3Physical Items 'Merchandise' often implies a tangible product rather than a service. Tourists love to bring back local merchandise as souvenirs. Pro Tip 3/3Variety of Goods Merchandise can range from clothes and toys to food and electronics. This store's merchandise caters to all age groups.