Officers rent retail outlet (7,5)
I believe the answer is:
general store
'retail outlet' is the definition.
(I've seen this before)
'officers rent' is the wordplay.
'officers' becomes 'generals' (general is a kind of officer).
'rent' becomes 'tore' ('rend' and 'tear' both mean to rip something).
'generals'+'tore'='GENERAL STORE'
(Other definitions for general store that I've seen before include "Shop selling miscellaneous range of goods" , "trading post" , "Shop carrying a broad range of goods" , "Retail outlet" , "village shop" .)