Opportunities and challenges for the apparel industry in light of the rapidly growing online retail market Online retail is a game changer for the retail industry. The ease of shopping from the comfort of your home‚ free home delivery and the power to compare more options has attracted more and more consumers towards online retail. Let us focus on the Apparel e-tailing in particular. Apparel market in India is estimated at US$ 35 Bn in 2011 and is expected to grow to US$ 50 Bn by 2016‚ @ CAGR of
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PRODUCT LINES...................................................09 * STORE LOCATION………………………………14 * STORE OPERATIONS…………………………....15 * STOREFORMATS………………….................…..18 * CONCLUSION…………………….................……19 Introduction Retail consists of the sale of physical goods or merchandise from a fixed location‚ such as a department store‚ boutique or kiosk‚ or by mail‚ in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services
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Retail merchandising is the process used in order to conduct retail sales. As part of the process‚ the merchandiser pays close attention to the types of products offered for sale‚ how to best present those products to consumers‚ and determining what is a reasonable retail price for each unit sold. While retailers have traditionally engaged in the task of retail merchandising in a physical location‚ the Internet has now made it possible to apply these same basic principles in a virtual setting. The
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by law 2. provide short-term financial benefit for the company 3. operate in what they believe is the "right thing" to do 4. engage in socially and environmentally for the "well being" of everyone Retail Sales in 2007 $4.5 trillion in retail sales about 8.1% of total GDP comes from retail sales Employment
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Hansel and Gretel is a retail shop located in Dzowulu that sells candy to its customer. Since the beginning of the year‚ Hansel and Gretel has being experiencing a fall in their sales which is most retail shops sometimes experience. The firm can increase their sales through the use of many strategies such as location retail‚ promotional retail‚ diversification retail‚ relationship retail and pricing retail strategies. Retail Location Strategy The location of a shop is one of the most important
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Training is the process of providing opportunities for workers to acquire employment-related skills and knowledge. The amount and nature of training required will vary from one job to another. Some jobs require constant training or updating of skills and qualifications (such as those in the law or medical professions). Other jobs only require basic training to be carried out (such as unskilled machine operators in a factory). Training is regarded as an important investment in what is perhaps the
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Destination Marketing for the Development of Tourism Industry VINOD N. KALANNAVAR MBA Lecturer Sharnbasveshwar College of M.T.A. Gulbarga Email: vinod.kalannavar@gmail.com Contact Mob: +91 7899468975 Abstract: This paper attempt to put an insight of destination marketing concept which is been developed based on the tourist destination. In the present competitive world of Tourism Industry all are expecting the quality of services in the destination. So entities which are involved in this
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Singapore has been one of the most open and competitive markets in the world. The economy of Singapore is broadly characterized as the mixed economy. Even though Singapore firmly promotes its free market policies and practices‚ the government intervention in the management of macro-economic issues and major resources of production including land‚ labor and capital is apparent to a certain extent. Despite the deficiency of natural resources‚ the country has been able to empower its economy largely
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What Role has the Insurance industry In Economic development? The insurance industry has come a long way from ship owners‚ merchants and underwriters gathering in Edward Lloyd’s coffee house in London to discuss their marine voyages to new colonies of the British Empire. Over the years‚ Insurance has become essential in our everyday lives. Something we just can’t live without. Our Economics and Societies are growing phenomenal rates and have become more and more interconnected on the rest of the
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I. Outline-Retail theft A. Introduction " Excuse me‚ sir/madam can I check your bag please?” "Lifting"‚ "jacking"‚ "racking"‚ "nicking"‚ "boosting" and Five finger discount"‚ are some of the slang terms used for retail theft (also commonly known as shoplifting). Shoplifting is theft of goods from a retail establishment. It is one of the most common property crimes dealt with by police and courts. In the next few minutes‚ I
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