EXECUTIVE SUMMARY Retailing is the process that involves of selling goods or services directly to end consumer for personal‚ non business use (Kotler‚ 2010). A retailer or retail store is an enterprise where they make volume majorly from retailing. Any firm selling its goods or services to the end consumers- whether it is manufacturer‚ wholesaler‚ or retailer- is said to be retailing. It doesn’t matter how the goods or services are sold (may be by person‚ through mail‚ telephone) or where (from
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Ethics in Retail Industry Name: Ratul Kumar Sarkar Registration Number: 4033/19 Indian Institute of Management Calcutta Mail - Proposal on assignment in ... https://mail.google.com/mail/u/0/?ui=2&ik=4f81452ae6&view=pt&q=san... Ratul Kumar Sarkar Proposal on assignment in Business Ethics 2 messages Ratul Kumar Sarkar To: sanjana_tta@iimcal.ac.in Cc: ranjanm@iimcal.ac.in Name: Ratul Kumar Sarkar Reg No: 4033/19 Section: B Project type: Individual Project Title: Ethics in Retail Industry Scope:
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Power of Suppliers In contrast with the Power of Buyers mentioned above‚ Power of Suppliers refers to the bargaining power or ability to dictate terms of pricing and quantity of goods when dealing with Supermarkets. Since the supermarket industry has become concentrated (reduced in number of companies)‚ mainly by the five companies mentioned above‚ suppliers are forced to increase output while decreasing prices. This growth of Supermarkets as Buyers has had an adverse effect on the suppliers. Smaller
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Inadequate and insufficient supply chain existing in India‘s retail sector is a major deterrent to the growth of this market. There is a strong need for retail to concentrate on developing a back‐end solid chain support especially for perishable products to help reduce wastages which is estimated to be at 40% of national produce. Lack of cold chain infrastructure in India poses storage threat and acts as a major challenge for the retail sector. Due to India‘s complex tax structure and large geographic
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Retail Industry overcoming the challenges? A- 1.) Tie –ups with Professional Institutes to overcome the Problem of trained manpower Retail Houses like Reliance Retail and Future group are most likely to ink a strategic partnership with NIFT. The partnership will provide Reliance Retail with trained pool of professionals‚ latest designs and access to NIFT research base.The MoU will be signed up by December 2006. The partnership will include industry sabbatical for NIFT faculty and scholarship
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discount retail industry‚ low switching cost of purchasing products at different stores for customers make the threat of new entrants seem fairly high. Yet‚ there is high capital needed in order to be comparative with current dominating companies in addition to the established customer relationships and customer shopping preferences in the current industry which ameliorate the high threat of new entrants. With the high number of distributed store locations of small or big discount retail stores‚ customers
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Industry Analysis In order to analyze an industry‚ it is important to determine where it is in the industry lifecycle. During the 1970’s and 1980’s the retail grocery industry was expanding at a phenomenal rate. Throughout this boom period‚ the number of large grocery stores was rising and forcing the existing" Mom and Pop" grocery stores out of the industry. In the early 1990’s‚ the retail grocery industry began leaving the growth stage and entered the maturity stage in the industry lifecycle
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Industry Overview Some 400‚000 specialty retail stores operate in the US with combined annual sales of $350 billion CAGR 2002-06: 5% Market is dominated by large players like Best Buy‚ Toys “R” Us‚ Gap‚ Sports Authority‚ etc The market size of some major product categories: o Shoes and clothing - $125 billion o Electronics and appliances - $85 billion o Jewelry - $25 billion o Sporting goods - $25 billion o Books - $25 billion Other categories include Toys‚ Music‚ Luggage‚
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PROJECT REPORT ON RETAIL INDUSTRY IN INDIA (PAPER NO. -- XXXVII) OBJECTIVE OF PROJECT 1. To study the format of Retail Industry in India and its scope for growth and development. 2. To understand the Need and Importance for development of the Logistics Sector in India to supplement the growth of the Organized Retail Sector in India. 3. To assess and examine the current retail scenario in India and its future prospects. 4. To closely observe that how the
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| Retail Industry 2012 | CBE Marketing | | | Submitted byAbhijit Joshi (74)Yogesh Marakani (87)Mohil Shrivastava (91)Monish Nikam (103)Priyesh Tugnawat (114)Puneet Bhardwaj (115)Raghvendra K V (117)Rahul Singh (119)Visheta K (176) | INDEX Sr. No | Title | Page No. | 1 | Executive Summary | 2 | 2 | Introduction | 3 | 3 | Facts about the industry | 5 | 4 | Regulations in Retail Industry | 9 | 5 | Retail Industry market | 13 | 6 | Industry Outlook | 15 | | References
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