2012International Journals of Marketing and TechnologyRequires access

Prospects and opportunities in retail sector

T. B. Gadhave, Vivek Pai

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Abstract

Service industry is performing a pivotal role in creating employment opportunities in India. The retail industry is one such sector that offers a number of job opportunities in merchandising, store management, central management and centralized buying. Retail continues to grow at a rapid rate offering face-paced, people-oriented, and service based careers. The retail industry is focused on the sale of goods or merchandise from a specific location for direct consumption by the purchaser. Online retail or e-tailing is a part of the retail industry that is quickly growing. Today in urban areas KIRANA SHOPS concept is developing in to malls and retailing chains.

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What this paper is about

Service industry is performing a pivotal role in creating employment opportunities in India. The retail industry is one such sector that offers a number of job opportunities in merchandising, store management, central management and centralized buying. Retail continues to grow at a rapid rate offering face-paced, people-oriented, and service based careers. The retail industry is focused on the sale of goods or merchandise from a specific location for direct consumption by the purchaser. Online retail or e-tailing is a part of the retail industry that is quickly growing. Today in urban areas KIRANA SHOPS concept is developing in to malls and retailing chains.

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Available abstract

Service industry is performing a pivotal role in creating employment opportunities in India. The retail industry is one such sector that offers a number of job opportunities in merchandising, store management, central management and centralized buying. Retail continues to grow at a rapid rate offering face-paced, people-oriented, and service based careers. The retail industry is focused on the sale of goods or merchandise from a specific location for direct consumption by the purchaser. Online retail or e-tailing is a part of the retail industry that is quickly growing. Today in urban areas KIRANA SHOPS concept is developing in to malls and retailing chains.

Key concepts: Retail industry, Business, Marketing, Tertiary sector of the economy, Consumption (sociology), Service (business), Agriculture, Commerce

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