Retail management

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Retail management

  1. 2. <ul><li>RETAIL MANAGEMENT IN INDIA </li></ul><ul><li>T.DHANAMOORTHY </li></ul><ul><li>Department of Business Administration </li></ul><ul><li>ST. Joseph’s college (Autonomous) </li></ul>
  2. 3. INTRODUCTION The word retail is derived from the French word Retaillier . Retail may be defined as a “ Dealer or trader who sells goods in small quantities ” Retail is the final stage of economic activity. Retiling includes all the activities involved in selling goods and services to the final consumer.
  3. 4. Functions Manufacturer Final consumer Retailer Wholesaler
  4. 5. sectors in Indian retail <ul><li>Clothing, textiles and fashion Accessories: </li></ul><ul><li>Food & food Services: </li></ul><ul><li>Consumer Durables: </li></ul><ul><li>Books & Music: </li></ul><ul><li>Other emerging sectors </li></ul><ul><li>Jewellery retail </li></ul><ul><li>Footwear retail </li></ul><ul><li>Time Wear Retail </li></ul><ul><li>Fuel Retail/ petro retail </li></ul>
  5. 6. Advantage <ul><li>Meeting new people </li></ul><ul><li>Cash transactions </li></ul><ul><li>Having on hand exactly what your customers want </li></ul><ul><li>Selling merchandise you love and have an interest in </li></ul><ul><li>Holiday sales figures </li></ul>
  6. 7. Disadvantage <ul><li>Having to do it all (marketing, buying, bookkeeping) yourself </li></ul><ul><li>Not having what your customers want </li></ul><ul><li>Meeting difficult customers </li></ul><ul><li>Cash transactions </li></ul><ul><li>Bounced checks </li></ul>
  7. 8. Top 10 retailers worldwide <ul><li>Rank Retailers No. of stores Sales 2000 </li></ul><ul><li> owned (US $ Mill.) </li></ul><ul><ul><li>Wal-Mart (USA) 4178 100,000 </li></ul></ul><ul><ul><li>Carrefour (France) 8130 61,047 </li></ul></ul><ul><ul><li>The Kroger Co. (USA) 3445 49,000 </li></ul></ul><ul><ul><li>Home Depot (USA) 1134 45,738 </li></ul></ul><ul><ul><li>Royal Ahold (USA) 7150 45,729 </li></ul></ul><ul><ul><li>Metro AG (Germany) 2169 44,189 </li></ul></ul><ul><ul><li>Kmart Corporation (USA) 2105 37,028 </li></ul></ul><ul><ul><li>Sears Roebuck (USA) 2231 36,823 </li></ul></ul><ul><ul><li>Albertson’s Inc. (USA) 2512 36,362 </li></ul></ul><ul><ul><li>Target Corporation (USA) 1307 36,362 </li></ul></ul><ul><ul><li>Source: Price Waterhouse Coopers </li></ul></ul>
  8. 9. SWOT analysis <ul><li>STRENGTH </li></ul><ul><ul><ul><li>Price </li></ul></ul></ul><ul><ul><ul><li>Employment opportunity </li></ul></ul></ul><ul><ul><ul><li>Increasing households </li></ul></ul></ul><ul><ul><ul><li>India has largest population </li></ul></ul></ul>
  9. 10. <ul><li>WEAKNESS </li></ul><ul><ul><ul><li>High rent </li></ul></ul></ul><ul><ul><ul><li>Size </li></ul></ul></ul><ul><ul><ul><li>Slow growth rate </li></ul></ul></ul><ul><ul><ul><li>Global retail giants takes India as Key Market. </li></ul></ul></ul>
  10. 11. <ul><li>OPPORTUNITY </li></ul><ul><ul><ul><li>Rural retailing still unexploited Indian Market </li></ul></ul></ul><ul><ul><ul><li>India has largest population </li></ul></ul></ul><ul><ul><ul><li>Taste and preference of the people </li></ul></ul></ul>
  11. 12. <ul><li>THREATS </li></ul><ul><ul><ul><li>Supply chain </li></ul></ul></ul><ul><ul><ul><li>Tax </li></ul></ul></ul><ul><ul><ul><li>Employees </li></ul></ul></ul><ul><ul><ul><li>Facilities </li></ul></ul></ul><ul><ul><ul><li>Online purchasing (Redif, Bagittoday, snap deals etc.,) </li></ul></ul></ul>
  12. 13. The Retail Life Cycle Market share or profit Early growth Accelerated development Maturity Decline Value-retail stores On-line retailers Single-price stores Warehouse clubs Fast food outlets Convenience stores Supermarkets Department stores Catalog Retailers Malls (?) General store Factory outlet stores Profit Market share Single-brand stores
  13. 14. CONCLUSION <ul><li>Consumers are always hungry for modern way of shopping. Indian retail sector and its employment potential is growing fast. Like Spencer, Big bazaar, Reliance fresh etc, are tapping customers by creating point of sales displays. So we can say that India is a rising star and going to be one of the fastest growing regions of the future. </li></ul>

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