The role of ICT in Retail sector India is on the brink of becoming an economic power house ready to unleash its largely untapped potential for those who willing to take right steps forward. Over the last few years, retail has become one of the fastest growing sectors in the Indian economy. ICT has changed modern business practice, making collaborative supply chain management possible.The paper evaluates the role of ICT in the operations of retail organization. The purpose of this paper is to
Words: 4880 - Pages: 20
Impact of Malls on Small Shops and Hawkers A small sample survey of the impact of malls on small shops and hawkers in Mumbai points to a decline in sales of groceries, fruits and vegetables, processed foods, garments, shoes, electronic and electrical goods in these retail outlets, ultimately threatening 50 per cent of them with closure or a major decline in business. Only 14 per cent of the sample of small shops and hawkers has so far been able to respond to the competitive threat of the malls with the
Words: 2047 - Pages: 9
and Their Strategy Planning - Chapter 13, Question 3 Kelley Draine Marketing Management, BBA 403 Olivet Nazarene University Professor Scott Fortin March 20, 2013 Retailers and retail shopping has changed significantly over the years. No longer do we have a large majority of one type of shopping. Retailers have changed anywhere from discount house retailers to conventional retailers to mass merchandising. Typically what you find today are stores which carry various departments and or
Words: 532 - Pages: 3
SYMBIOSIS CENTRE FOR MANAGEMENT STUDIES Theme: - “Issues and Challenges in Retail Sector and Foreign Direct Investment India and across the World” FDI AND RETAIL TOGETHER: An Overview By Rakesh Soni (11bbl114@nirmauni.ac.in) PH. NO- 8690976530 Peeyush Purohit (11bbl091@nirmauni.ac.in) PH. NO- 7597907007 INSTITUTE OF LAW NIRMA UNIVERSITY AHMEDABAD INTRODUCTION INDIAN RETAIL MARKET Retailing can be defined as a business activity, which offers products
Words: 3461 - Pages: 14
New York Fries Memo One of the main motives for internationalizing was the need for expansion outside of Canada. NYF does not occupy every shopping mall in Canada, only the top tier malls. This means that opportunities in Canada are quickly running out. Another motive for internationalizing was the development of the SSBC brand. This brand offers hamburgers to the public which is seen as a complimentary item to French fries. The SSBC would be predominantly located in big box centres which offered
Words: 597 - Pages: 3
Introduction There are countless advantages of the supply and demand pressures on the market and the different ways that it operates. The most crucial, is the market regulating utility, for example, they help organizations set a market-clearing price, at which pay-off for both the buyer and seller can be maximized. They also help inspire a competitive atmosphere as firms with more valuable products can charge more, thus increasing profits. Although, this trend differs in varying market structures
Words: 563 - Pages: 3
minis, consumers actually went to the store to purchase music. Either in compact disc, cassette tape, or the old school record form, many malls had stores that would carry these products and distribute to the public. One of my many early retail jobs was in the South Shore Mall in Bay Shore, New York at Record Town. This was always the hot spot at the mall. Record Town had a great location (just outside the food court) and many attention grabbers to lure shoppers into the store even if they had
Words: 1014 - Pages: 5
Introduction Retailing in India is one of the pillars of its economy and accounts for 14 to 15% of its GDP The Indian retail market is estimated to be US$ 450 billion and one of the top five retail markets in the world by economic value. India is one of the fastest growing retail markets in the world, with 1.2 billion people India's retailing industry is essentially owner manned small shops. In 2010, larger format convenience stores and supermarkets accounted for about 4% of the industry, and
Words: 3761 - Pages: 16
March 20, 2012 Proposal for STATION STORE FRANCHISE Executive Summary We commercialized high quality garments and accessories manufactured with the best quality materials, pima cotton, trims, and fasteners for the international fashion industry, providing fashion services including dressmaking, product development and branding for our stores, creating complete collections for your franchise, store chain or retail store. We handle all the manufacturing processes and carefully manage all
Words: 1181 - Pages: 5
Case 4: Foreign Retailers Eye India 1. Why is the Indian retail industry so inviting? India is a very attractive market for foreigner retailers because of the great potential that the raising middle class represents, this increases the need for an expansion in the organized (more modern) retail sector which currently accounts only for 3% of total sales. Furthermore, it is attractive because FDI in the retail sector is still officially banned. The latter means that it is an untapped market to
Words: 368 - Pages: 2
