Retail management is really an great field to work on. Here are the details:
It is an activity of enormous economic significance to most developed nations It generates revenue and wealth for nation, encourages investments and brings technological advancements. Stated that
it brings employment and creates wealth of the economy
It is a vibrant part of our changing society and a major source of employment
” Retailing performs activities at larger level so it requires massive manpower to handle and manage it’s operations. Retailing also helps society in general by providing goods and services in reasonable price and increasing their standards of living.
Retailing activity can be viewed as a significant contributor to the economy in general .
Retailing is the set of activities that markets products or services to final consumers for their own personal or household use. It does this by organizing their availability on a relatively large scale and supplying them to consumers on a relatively small scale.”
Retailing maes products and services available in large quantities. Retailers produce or order the products!services in bulid so they can take advantage of economy