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Retail Management Project

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Submitted By rishijain5
Words 6010
Pages 25
Praxis Business School

Retail Business Plan
On Snack Bar
A report
Submitted to
Prof. K. Dashrathraman
In partial fulfilment of the requirements of the course
Retail Management
On 7th August 2011
By
Ashwin Agarwal (B10004)
Deepika Agrawal (B10007)
Nishant Khattwani (B10013)
Sushmita Agrawal (B10035)

SUBMISSION: - 1

1. Environment Scan a. Retail Scenario In India

Retail word comes from the French word retailer, which refers “cutting off, clip and device”. Retailing is the interface between the producer and the individual consumer buying for personal consumption. This excludes direct interface between the manufacturer and institutional buyers such as the government and other bulk customers. A retailer is one who stocks the producer’s goods and is involved in the act of selling it to the individual consumer, at a margin of profit. As such, retailing is the last link that connects the individual consumer with the manufacturing and distribution chain. Indian retail sector comprises of organized and unorganized sector.
Organised retailing refers to trading activities undertaken by licensed retailers, that is, those who are registered for sales tax, income tax, etc. These include the corporate-backed hypermarkets and retail chains, and also the privately owned large retail businesses.
Unorganised retailing, on the other hand, refers to the traditional formats of low-cost retailing, for example, the local kirana shops, owner manned general stores, paan/beedi shops, convenience stores, hand cart and pavement vendors, etc.
The Indian retail industry has grown at a Compounded Annual Growth Rate (CAGR) of 13.3% for the period FY06-10. The growth in the Indian economy since the last decade and the change in consumption pattern of the Indian populace in terms of higher proportion of middle class

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