Post on 17-Aug-2015
transcript
Retail is derived from French word ‘Retailer’ which refers to cutting off, clip and divide.
Retail is the sale of goods to end users, not for resale, but for use and consumption by the purchaser. The retail transaction is at the end of the supply chain.
Manufacturers sell large quantities of products to retailers, and retailers attempt to sell those same quantities of products to consumers.
It is basically the sale of goods and services from individuals or businesses to the end user.
INTRODUCTION
FAIRS,
MELAS,
WEEKLY MARKETSCONVENIENCE
STORE, MOM & POP/
KIRANAS
PDS OUTLETS, KHADI STORES AND
CO-OPERATIVES
SHOPPING MALLS, SUPER MARKETS, OUTLETS,
DEPARTMENTAL STORES
EVOLUTION OF INDIAN RETAIL
Market size of Indian retail industry
The Indian retail sector accounts for over 20% of the country's gross domestic product (GDP) and contributes 8% to total employment.
• Rising income level in youth segment
• Nuclear family
• Increasing media penetration
REASON FOR GROWING RETAIL MARKET IN INDIA
TOP RETAIL COMPANIES IN INDIA
• Reliance Retail Ltd.• Pantaloons• Provogue India Ltd.• Shoppers Stop • ITC
TOP RETAIL COMPANIES IN the WORLD
• Wal-Mart $ 476.29 billion• Carrefour $ 98.69 billion• Tesco $ 100.09 billion• Kroger $ 98.38 billion• Metro $ 86.18 billion
*Revenue for the F.Y. 2013
“The future is promising; the market is growing, government policies are becoming more favourable and emerging technologies are facilitating operations”
Global giants ready to enter the retail market in India.
Modern retail in India could be worth US $ 175-200 billion by 2016