The High Tailing Of Retailing

IMPACT OF HYPER MALLS ON SMALL RETAILERS Introduction The Indian sell intentness is the fifth largest in the world. Comprising of nonionized and unorganized sectors, India retail fabrication is one of the fastest festerth industries in India, especially all over the live few years. Though initially, the retail effort in India was mostly unorganized, however with the change of tastes and preferences of the consumers, the sedulousness is rentting much popular these days and getting organized as well. With growing foodstuff demand, the intentness is pass judgment to grow at a pace of 25-30% annually. The India retail industry is expected to grow from Rs. 35,000 crore in 2004-05 to Rs. 109,000 crore by the year 2010. For the Indian sell Industry, these are excite times. An economic recession or two notwithstanding, the Indian retail industry has been growing at a fast clip. The flow size of the overall retail foodstuff in India is estimated to be about USD 400 meg (Rs 18, 00,000 crores), and the industry has been clocking heavy two digit growth grade over the last many years. The future seems to be palliate brighter. It is expected that retail will contribute about 23% of the overall gross domestic product within the attached three years, and the market size estimates veer between USD 750 billion (Rs 35,00,000 crores) to a mind boggling USD 1.25 trillion (Rs 55,00,000 crores), depending upon which analyst you want to believe. small-arm these figures are understandably minded boggling, these be are conceal a curious story which ineluctably to be told. To instal things in proper perspective, I would once more extradite a set of figures about the biggest retailer in the world, Wal market place. In fact, calling Wal marketplace a retailer would be a huge understatement many people believe it is an industry in itself. Another fact The number of employees in Wal Mart stores is around 1.3 million (13 lakhs), about the size of t he Indian steadfast army! Like many other i! ndustries in India, the Indian retail sector is also dominated by...If you want to get a full essay, order it on our website: OrderEssay.net

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