Explanation:

- Retail (A): This word is spelled correctly. It refers to selling goods to the public in relatively small quantities for use or consumption rather than for resale.

- Alike (B): This is the misspelled word. The intended word here should likely be "likely," meaning probably or probably going to happen.

- Conversation (C): This word is spelled correctly. It refers to an informal talk involving two or more people or an exchange of views or ideas.

- Leadership (D): This word is spelled correctly. It denotes the act of leading a group of people or an organization.

- Summit (E): This word is spelled correctly. It refers to a meeting between heads of government or an organized conference.

- The correct option for the misspelled word is indeed Option:2, Likly.

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