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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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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Trends In Hospitality Sector Hospitality is all about offering warmth to someone who looks for help at a strange or unfriendly place. It refers to the process of receiving and entertaining a guest with goodwill. Hospitality in the commercial context refers to the activity of hotels‚ restaurants‚ catering‚ inn‚ resorts or clubs who make a vocation of treating tourists. Helped With unique efforts by government and all other stakeholders‚ including hotel owners‚ resort managers‚ tour and travel
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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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total retail turnover grew by 15‚9% y-o-y in real terms in 2012‚ reflecting buoyant domestic demand and rising wages. Moreover‚ organized retail trade represented by hypermarkets‚ supermarkets‚ discounters and other modern formats‚ increased by 13‚7% y-o-y. Based on statistics‚ the average per capita food spending is $380-390 monthly. However‚ Ukraine still lags behind global markets on this measure‚ being six times lower than the average of $2380 (in 2011) observed across major retail markets
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The grocery industry in the United Kingdom has been dominated in the last ten years by large chain Supermarkets. There has been a fight for supremacy between the likes of J. Sainsbury‚ Tesco‚ Marks and Spencer‚ Asda‚ and further south‚ Waitrose. Around ten years ago‚ Sainsbury ’s used to have the top spot but their loyal shoppers started turning their heads towards Tesco and better value for money later on in the nineties. I will analyse the United Kingdom ’s grocery industry‚ involving a P
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segments. The local market in Puerto Rico‚ offers numerous beers but among the most famous are Medalla Light‚ Heineken‚ and Coors Light. Out of these three the only beer produced locally is Medalla Light. For years the number one leader in the beer industry in Puerto Rico has been its local beer Medalla Light. The second leader in the market is Coors Light. It was one of the first light beers introduced to the market containing 102 cal. in a 12 ounce can. These two beers have been the constant rivals
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Executive Summary Acer Incorporated is a Taiwanese multinational electronics manufacturer that is involved in selling computer hardware and software‚ and providing IT business services for companies around the world. Acer currently uses an Enterprise Resource Planning (ERP) system called Triton‚ which is a self-developed ERP system. One of the factors that set Acer apart from its competitors is that the company is its own Original Equipment Manufacturer in addition to selling its own brand
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my sincere & heartfelt obligation towards all the personages. Without their active guidance‚ help‚ cooperation & encouragement‚ I would not have made headway in the project. I would like to express my sincere thanks to Major P.K.Das (GM-HR‚Grasim Industries) who gave me the opportunity to work with such an esteemed organization. I owe profound sense of regards & gratitude towards Mr.Sujit Kumar (Manager- HR) who has continuously guided me & supported in all the tasks by giving me valuable insight into
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MINOR PROJECT REPORT ON INDIAN RETAIL INDUSTRY AND RETAIL SUPPLY CHAIN Submitted by: Supervisor: RAHUL RAJA DR. RAJESHWARI MALIK Enrol No. 03914901711 ASSOCIATE PROFESSOR BBA (G) 3rd Semester
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