Organized Retail In India

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Organized Retail in India

Author : Deepali Malhotra & V. K. Malhotra
Publisher : K.K. Publications.
Page : 316 pages
File Size : 46,5 Mb
Release : 2021-09-15
Category : Business & Economics
ISBN : 8210379456XXX

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Organized Retail in India by Deepali Malhotra & V. K. Malhotra Pdf

Organized retail in India is a decade or so old phenomenon. During the last ten or twelve years, it has progressed well. At the same time, it is facing many problems, challenges, difficulties some are general and others are India specific. The objective of this book is to analyze these problems and discuss future prospects of this sector in India. In addition to problems and prospects, some other important related aspects of organized retailing in India such as politics and organized retail, use of latest technology in organized retail, the impact of organized retail on the Indian economy and unorganized sector, foreign direct investment in organized retail, job and career opportunities in organized retail in India are also included in this work. Broadly, there are six categories of chapters. In the first political and technical category come two chapters that deal with some important and hitherto untouched aspects of organized retail in India such as politics and technology. In the second category are seven chapters on the growth of modern and organized retail in India, its changing faces, its impact on the Indian economy. The third category consists of two chapters that deal with the impact of organized retail on unorganized retail in India. The fourth category also has two chapters on Foreign Direct Investment (FDI) in the organized retail sector in India. Career and job opportunities are the theme of the next two chapters that come under the fifth category. In the sixth and last category are five chapters that explain problems and challenges faced by the organized retail and future prospects of this sector in India. Retailing or retail management is now found a place in the syllabi of MBA programs. Many universities and colleges have initiated new courses in retailing at different levels. Some have started separate and specialized MBA in Retail Management. Pass outs of these programs and courses are providing manpower and human resources to upcoming organized retail outlets like malls, hypermarkets, stores, etc. In other words, the organized retail sector is providing new job and career opportunities to young people. Retailing is emerging a useful and contemporary discipline in Commerce and Management faculties. But one finds a very limited number of books on the organized retail sector in India. The present compendium endeavors to fill this gap. It is hoped that this book will be very useful to the corporate sector involved in the emerging organized retail industry; executives, managers and employees of malls and stores; faculty of educational institutions involved in teaching and students of this new discipline.

Retail Sector in India

Author : Ashish Kumar
Publisher : Lulu.com
Page : 227 pages
File Size : 54,9 Mb
Release : 2024-06-30
Category : Electronic
ISBN : 9781312580183

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Retail Sector in India by Ashish Kumar Pdf

A Pragmatic Approach of Consumer Behaviour towards Organized Retail Outlets – A study of select cities

Author : Dr Reshma Nikhat
Publisher : Zenon Academic Publishing
Page : 150 pages
File Size : 42,5 Mb
Release : 2017-12-01
Category : Business & Economics
ISBN : 9789385886126

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A Pragmatic Approach of Consumer Behaviour towards Organized Retail Outlets – A study of select cities by Dr Reshma Nikhat Pdf

A customer is the most important visitor on our premises; he is not dependent on us. We are dependent on him. He is not an interruption in our work. He is the purpose of it. He is not an outsider in our business. He is part of it. We are not doing him a favor by serving him. He is doing us a favor by giving us an opportunity to do so. Mahatma Gandhi Your most unhappy customers are your greatest source of learning. And they give us feedback on the areas we have to improve and shows our weaknesses. According to Henry Ford It is the customer who pays the wages. And the more you engage with customers the clearer things become and the easier it is to determine what you should be doing. John Russell, President, Harley Davidson Retail is a customer business. You’re trying to take care of the customer—solve something for the customer. And A company’s survival depends not what they produce but how they sell and supply it to the final customers with ease ,Emerging strategies has to be adopted as it is a period of globalization ,by building the relationship and working as a unified team to know about the behavioral pattern of consumers in the decision making, the current scenario ,the service expectations of the customers and the marketing strategies to be adopted accordingly. Keeping this in mind this book is published which would become a guide to indispensable organized retail outlets. This book is the outcome of the efforts of few years of observation and study of the author detailing the various areas. The Author has made a sincere effort to cover the various parameters and make this book meaningful, understandable, easy and complete but even all areas might not have been covered and also the findings might be limited to few areas which cannot be generalized. Improvements and suggestions will be gratefully acknowledged.

Organised Retailing and Agri-Business

Author : N. Chandrasekhara Rao,R. Radhakrishna,Ram Kumar Mishra,Venkata Reddy Kata
Publisher : Springer
Page : 311 pages
File Size : 50,5 Mb
Release : 2015-10-07
Category : Business & Economics
ISBN : 9788132224761

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Organised Retailing and Agri-Business by N. Chandrasekhara Rao,R. Radhakrishna,Ram Kumar Mishra,Venkata Reddy Kata Pdf

This book examines the performance of organized retail chains supplying the agri-input and output services in terms of achieving their objective of utilising collective bargaining power in the marketing of their agricultural produce, integrating empirical experience from India and other selected developing countries. The scenario of marketing for agricultural products has been undergoing rapid changes with the rise of organised retailing (the Indian term for ‘supermarkets’), a process that is likely to accelerate in years to come, with India being on the threshold of a supermarket revolution. In fact, India is referred to as the ‘final frontier’ in the development of supermarkets. The growth of supermarkets in India is faster than that in China, which is also witnessing an exponential growth as part of the “third wave” of supermarket diffusion. The book investigates the links between organised retailing and farmers and farming in India. Apart from raising issues of equity, inclusion and problems in policy framework, it also discusses policy interventions that are essential in order to make the development of organised retailing more inclusive and beneficial to the farming community and agricultural sector. The book further serves as a guide for policy makers, helping them to select the right kind of interventions to balance growth with equity as market forces penetrate deeper into the agricultural marketing space.

India's Store Wars

Author : Geoff Hiscock
Publisher : John Wiley & Sons
Page : 189 pages
File Size : 41,8 Mb
Release : 2012-11-30
Category : Business & Economics
ISBN : 9781118580370

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India's Store Wars by Geoff Hiscock Pdf

As India's middle class grows and disposable incomes rise, "modern" retail is becoming the next hot sector of the Indian economy. Hundreds of millions of new consumers will join this retail revolution, venturing into supermarkets, department stores and air-conditioned shopping malls for the first time. But instead of just window shopping, many of them will be serious buyers with money to spend. To cater for their needs, established players in the modern retail sector such as Biyani, Raheja and Goenka are being joined by the big names of Indian business - Reliance, Birla, Bharti, Tata etc - who plan to spend billions over the next few years rolling out supermarkets, big-box outlets and specialty stores. At the same time, property developers are getting on with the "malling" of India, and looking for high profile anchor tenants to lure customers. On the sidelines of this Indian retail revolution are big overseas players such as Wal-Mart, which already has a tie-up with Bharti to provide much-needed “back office” support. But what Wal-Mart really wants is the right to set up its own stores in India. The same goes for Tesco, Carrefour, Metro and other international players. While the macro outlook appears bright, the problems are astronomical for India retail industry. There is no reliable cold chain, transport logistics are appalling, there is a huge lack of managerial talent, there is no consistency for quality and quantity of supply, there is political opposition from groups such as market middlemen, the mom and pop "kirana" corner stores have to be catered for, as do the farmers who grow the produce that is integral to a successful retail revolution. How well will these disparate players cope with the various pressures of a dynamic and fast-moving industry?

Multi Dimensional Approach to Brand Building - A Conceptual Model for Indian Retailers

Author : Vibhuti Tripathi,Anitabh Pandey
Publisher : GRIN Verlag
Page : 41 pages
File Size : 42,5 Mb
Release : 2008
Category : Electronic
ISBN : 9783640191918

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Multi Dimensional Approach to Brand Building - A Conceptual Model for Indian Retailers by Vibhuti Tripathi,Anitabh Pandey Pdf

Research Paper (postgraduate) from the year 2008 in the subject Business economics - Business Management, Corporate Governance, grade: A, course: Conference, 19 entries in the bibliography, language: English, abstract: Indian Retail Scenario: Organized retailing has exponentially emerged to contribute to the growth of Indian retail sector. It constitutes 3% of the total retail market and expected to grow at a rate of 42% in 2008. According to estimates provided by Technopak, organized retail in India is expected to receive investments of $25 billion, taking the size of modern retail to $75 billion by 2011. These investments imply that share of organized retail will grow from the present 3 % to approximately 15-18 % by 2011-12. With the onset of a globalize economy in India, the Indian consumer's psyche has changed. They are well versed with the concept of value for money, quality and service standards offered worldwide, in turn they are becoming more demanding. These demands are the visible impacts of the Indian organized retail sector. The evident increase in consumerist activity is colossal; it is replicated in money making recess for the Indian organized retail sector. Indian Retail is in the midst of a retail revolution, seen in sprawling number of malls developed from 50 operational malls in 2005 to 250 mall by 20083. Multiple formats have sprung up across different cities. City landscapes are dotted with malls and customers have problems of plenty as far as deciding shopping destinations is concerned.

India as Destination for Western retailers

Author : Janine Rößiger
Publisher : diplom.de
Page : 108 pages
File Size : 44,5 Mb
Release : 2008-08-04
Category : Business & Economics
ISBN : 9783836616515

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India as Destination for Western retailers by Janine Rößiger Pdf

Inhaltsangabe:Introduction: The Indian market is one of the key future markets for foreign investors and foreign companies. In 2010 the Indian market is estimated to be as big as the European Union with regard to the number of customers. Moreover, the Indian economy shows solid economic growth since the economical reform started in 1991, and the number of middle class households is continuously increasing. Thus, the purchasing power is rising in India. Hence, the Indian market has huge potential for foreign investment. All in all, the Indian market is a market multi-national companies should not miss because of its future importance. This diploma thesis focuses on India as a destination for Western retailers. The Indian market is especially attractive to Western retailers searching for markets with huge potential and wishing to explore markets which are yet unsaturated in contrast to the home markets of the Western retailers. Both the Global Retail Development Index of 2005 and 2006 rank India as the top destination for Western retailers among the emerging markets with regard to the risk associated with doing business in India and the market attractiveness. India ranks even before East European countries and rising stars like China or Russia because the Indian retail market combines low market saturation with stable economic growth and moderate political risk. However, India is a country with a very complex culture which needs to be considered if a foreign retail company plans to enter the Indian market. India is a country full of contrasts and a conglomerate of diverse cultural influences (Penner 2002; Kreuser, 2002). Thus, Indianizing, i.e. adapting e.g. a retail company s assortment, pricing strategy and approach to personnel management to the Indian market, is the key success factor for foreign retailers in India. To be able to succeed in the Indian retail market, knowledge of the unique characteristics of the Indian market and culture is vital. Thus, this diploma thesis starts with an overview of the opportunities of the Indian (retail) market such as growing consumption and a demographic advantage. The diploma thesis also describes the challenges of the Indian (retail) market such as the weak infrastructure and the challenges the Indian culture provides. Based on this knowledge, the second part of the diploma thesis introduces strategic decisions. Necessary adaptations to the Indian market, regarding e.g. dealing with Indian personnel or [...]

Trends in Retail Marketing in India

Author : Marri Sreenivasulu
Publisher : diplom.de
Page : 381 pages
File Size : 52,6 Mb
Release : 2017-07-20
Category : Business & Economics
ISBN : 9783960676737

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Trends in Retail Marketing in India by Marri Sreenivasulu Pdf

Retail is the sale of goods to end users, not for resale, but for use and consumption by the purchaser. This excludes direct interface between the manufacturers and institutional buyers such as the government and other bulk customers. Retailing is the last link that connects the individual consumers with the manufacturing and distribution chain. Retail is the fastest growing sector in the Indian economy. Traditional markets are making way for new formats, such as departmental stores, hypermarkets, supermarkets and specialty stores. Western style malls have begun appearing in metros and second-rung cities alike, introducing the Indian consumer to an unparalleled shopping experience. This comparative study focuses on the costumers of Reliance Mart and Big Bazaar with regard to their buying tactics, shopping behavior, expectations, perceptions, satisfaction and brand loyalty.

India Investment and Business Guide

Author : IBP USA
Publisher : Lulu.com
Page : 299 pages
File Size : 47,7 Mb
Release : 2009-03-20
Category : Business & Economics
ISBN : 9781438723020

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India Investment and Business Guide by IBP USA Pdf

India Investment and Business Guide - Strategic and Practical Information

Retailing in the 21st Century

Author : Manfred Krafft,Murali K. Mantrala
Publisher : Springer Science & Business Media
Page : 458 pages
File Size : 49,9 Mb
Release : 2009-12-17
Category : Business & Economics
ISBN : 9783540720034

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Retailing in the 21st Century by Manfred Krafft,Murali K. Mantrala Pdf

With crisp and insightful contributions from 47 of the world’s leading experts in various facets of retailing, Retailing in the 21st Century offers in one book a compendium of state-of-the-art, cutting-edge knowledge to guide successful retailing in the new millennium. In our competitive world, retailing is an exciting, complex and critical sector of business in most developed as well as emerging economies. Today, the retailing industry is being buffeted by a number of forces simultaneously, for example the growth of online retailing and the advent of ‘radio frequency identification’ (RFID) technology. Making sense of it all is not easy but of vital importance to retailing practitioners, analysts and policymakers.

RETAILING: TRENDS IN THE NEW MILLENNIUM

Author : R. Shanthi, M. Rafeeque Ahmed, S. Gurusamy, P. Murari
Publisher : MJP Publisher
Page : 686 pages
File Size : 44,6 Mb
Release : 2019-06-03
Category : Business & Economics
ISBN : 8210379456XXX

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RETAILING: TRENDS IN THE NEW MILLENNIUM by R. Shanthi, M. Rafeeque Ahmed, S. Gurusamy, P. Murari Pdf

The origins of retail are old as trade itself. Barter was the oldest form of trade. For centuries, most merchandise was sold in market place or by peddlers. Medieval markets were dependent on local sources for supplies of perishable food because Journey was far too slow to allow for long distance transportation. However, customer did travel considerable distance for specialty items. The peddler, who provided people with the basic goods and necessities that they could not be self sufficient in, followed one of the earliest forms of retail trade. Even in prehistoric time, the peddler traveled long distances to bring products to locations which were in short supply. “They could be termed as early entrepreneurs who saw the opportunity in serving the needs of the consumers at a profit” Later retailers opened small shops, stocking them with such produce. As towns and cities grew, these retail stores began stocking a mix of convenience merchandise, enabling the formation of high-street bazaars that become the hub retail activity in every city. In the great sweep of social and retail history, the ‘modern’ shopping experience can be said to have commenced with the appearance of the department store in the middle of the 19th century.

Fdi in India's Multi Brand Retail Sector

Author : Girish K. Nair,Harish K. Nair
Publisher : GRIN Verlag
Page : 25 pages
File Size : 47,8 Mb
Release : 2011-12
Category : Business & Economics
ISBN : 9783656081678

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Fdi in India's Multi Brand Retail Sector by Girish K. Nair,Harish K. Nair Pdf

Scientific Essay from the year 2011 in the subject Business economics - Trade and Distribution, language: English, abstract: ABSTRACT With US President's visit, Planning Commission has given green signal to FDI in multi brand retailing. Only 51 per cent FDI in single-brand retail is permitted in India. Multi brand retailers were only allowed to operate wholesale outlets. The paper will cover how FDI in retail sector can be introduced, benefits of allowing FDI, how to have control over the global players, and how local retailers can survive in spite of the big players. The retail industry in India is of late often being hailed as one of the sunrise sectors in the economy. Emergence of organized retail sector in India has more to do with increasing purchasing power of buyers and modern supply and logistic management techniques. With a contribution of 14% to the national GDP and employing 7% of the total workforce (only agriculture employs more) in the country, the retail industry is definitely one of the pillars of the Indian economy. Keywords: Foreign Direct Investment, organized retail sector, single-brand retail, globalization, foreign retailers, Ministry of Commerce, Industrial policy and promotion, FDI's issues and prospects. *********

Retail in India

Author : Mathew Joseph,Nirupama Soundararajan
Publisher : Unknown
Page : 0 pages
File Size : 53,5 Mb
Release : 2009
Category : Retail trade
ISBN : 8171887376

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Retail in India by Mathew Joseph,Nirupama Soundararajan Pdf

In recent times, there has been debate over the entry of large corporate houses into the retail sector in India. This study finds that both traditional and organized retail can not only coexist but also achieve rapid and sustained growth in the coming years. The findings of this study are based on the largest ever survey of various stakeholders and an extensive review of international experience, particularly emerging countries of relevance to India. There has been competitive response from traditional retailers through improved business practices and technology up gradation. Consumers and farmers gain considerably from the entry of organized retail. The organized retail sector is capable of taking care of itself, but public policy needs to help create a level playing field for traditional retailers. Based on the results of the surveys, the authors have made a number of specific policy recommendations for regulating the interaction of large retailers with small suppliers and for strengthening the competitive response of the traditional retailers