What is Retailing? Explain retail trends in Indian Scenario?
Asked by astha singh
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2 Answers
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Hi Astha,
Retailing involves selling products and services to consumers for their personal or family use.
Retailing is the most active and attractive sector of last decade. While the retailing industry itself has been present since ages in our country, it is only the recent past that it has witnessed so much dynamism. The emergence of retailing in India has more to do with the increased purchasing power of buyers, especially post-liberalization, increase in product variety, and increase in economies of scale, with the aid of modern supply and distributions solution.
Indian retailing today is at an interesting crossroads. The retail sales...more -
Selling of goods to the public for their personal use is called retailing.
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