Presentation
Supermarket culture expanding in Bangladesh
By Ranjan De Silva
Introduction
Bangladesh is a relatively new player in the world modern food retail scene and we have a lot to go. The future for the Bangladesh modern food retail industry is promising and it is also article attempts to identify where Bangladesh is in the world in terms of the modern the rest of the world and what lessons we can take to grow the industry in Bangladesh. The term 'modern trade' is used to describe the super store business, as it is modern in comparison to the unorganised retail shops and the wet market.
The importance:
The importance given to the 'modern trade' is dependent on its share in the entire retail trade is only around 0.5% and is one of the smallest in the world. Developed countries in the Australias, Western Europe and Australia have a share in excess of 80 per cent . It is around 50 per cent in Thailand and many far eastern countries and around 15 per cent in Sri Lanka. The larger the share the better the attention from suppliers and therefore should become the joint effort of the industry players; The formation of the Bat Association therefore is an important step in this direction. The more important step is to share of modern trade.
The benefit of growing modern trade:
While there are concerns that modern trade can eliminate livelihoods of many small business shops it is important to look at the issue in a holistic manner, understand the benefits of modern trade and think strategies to reduce. Why? It is a reality that modern trade will grow as it is a natural outcome of globalization. When there is economic growth, the beneficiaries of such economic growth and globalisation. When there is economic growth, the beneficiaries of such economic growth would have more disposable income. Such families will have exposure to new lifestyles through cable TV and experience such lifestyles and they at least feel that their children deserve to be exposed to such experience.
It
By Ranjan De Silva
Introduction
Bangladesh is a relatively new player in the world modern food retail scene and we have a lot to go. The future for the Bangladesh modern food retail industry is promising and it is also article attempts to identify where Bangladesh is in the world in terms of the modern the rest of the world and what lessons we can take to grow the industry in Bangladesh. The term 'modern trade' is used to describe the super store business, as it is modern in comparison to the unorganised retail shops and the wet market.
The importance:
The importance given to the 'modern trade' is dependent on its share in the entire retail trade is only around 0.5% and is one of the smallest in the world. Developed countries in the Australias, Western Europe and Australia have a share in excess of 80 per cent . It is around 50 per cent in Thailand and many far eastern countries and around 15 per cent in Sri Lanka. The larger the share the better the attention from suppliers and therefore should become the joint effort of the industry players; The formation of the Bat Association therefore is an important step in this direction. The more important step is to share of modern trade.
The benefit of growing modern trade:
While there are concerns that modern trade can eliminate livelihoods of many small business shops it is important to look at the issue in a holistic manner, understand the benefits of modern trade and think strategies to reduce. Why? It is a reality that modern trade will grow as it is a natural outcome of globalization. When there is economic growth, the beneficiaries of such economic growth and globalisation. When there is economic growth, the beneficiaries of such economic growth would have more disposable income. Such families will have exposure to new lifestyles through cable TV and experience such lifestyles and they at least feel that their children deserve to be exposed to such experience.
It