#retail industry
#type of retail industry
#classification of retail
#organise and unorganised retail
#evolution of Indian retail
#market size of retail
#reason for retail growth
#top retail companies in India
#top retail companies in world
#future of retail
#video on retail
2. 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
6. 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.
8. • Rising income level in youth segment
• Nuclear family
• Increasing media penetration
REASON FOR GROWING RETAIL MARKET
IN INDIA
9. TOP RETAIL COMPANIES IN INDIA
• Reliance Retail Ltd.
• Pantaloons
• Provogue India Ltd.
• Shoppers Stop
• ITC
10. 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
11. “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
Difference between Organised and Unorganised Retail.The Organised retailing refers to the trading activities undertaken by licensed retailers that is those who registered themselves for sales tax ,income tax, etc. These include the corporate –backed hypermarkets and retail chains and also the privately owned large businesses.On the other hand, Indian retail is dominated by a large number of small retailers consisting of the local kirana shops, owner-manned general stores, chemists, footwear shops, apparel shops, paan and beedi shops, hand-cart hawkers, pavement vendors, etc. which together make up the so-called “unorganized retail” or traditional retail.Organized retailing is based on the principle of unity and unorganized retailing is based on the principle of singularity.Both organized and unorganized retailing is found in most of the countries throughout the world. India and China are strong examples of countries in which unorganized retailing dominated their markets.