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Tuesday, December 18, 2018

'Organisational structure of big bazaar Essay\r'

'The sell firmament in India can broadly be classified as organized and uncoordinated where the share of unorganized heavens is more than 93% of the total and includes the kirana stores, mamma and tonic stores and the ilk. The organized or recent sell empyrean on the other hand captures a unstained 7% of the total market share. unseasoned-fashi wizd retail is defined as a mannequin of retail whereby consumers can buy goods from a similar corrupt environment across more than one somatic location and operates under three levels: medical specialist stores give to some particular category of ontogeny much(prenominal) as footwear, pharma & beauty, nourishment and marketplace etc. †classified under level I. departmental stores that cater to a few categories of retail couch under level II, and malls where we find an agglomeration of galore(postnominal) departmental stores, hypermarkets etc †classified under level terce retail.\r\nABSTRACT\r\nThe growi ng number of modern retail placelets in India on the one hand and denounce sale seasons and talks of underperformance on the other detail to a mixed bag and make us wonder whether the sector is on the right growth trajectory. In this report, rather than providing with just the facts, we have try to understand the modern retail sector from an economist’s point of view and visualize its future-whether it is in its expansion or contraction phase. Motivated by the rising per-capita incomes and increased spending on consumer goods, modern retail stores are coming up with new strategies and plans to unlock the Pandora box of the untapped and unorganized retail sector. In the course of the report, we try to find out †how the retail sector works, major regulations that affect its execution and the challenges that await the sector and summarize with our analysis and recommendations.\r\n billet: We have used where we’ve analyzed the situation from a micro-economic poi nt of view.\r\nINTRODUCTION\r\nThe retail sector in India can broadly be classified as organized and unorganized where the share of unorganized sector is more than 93% of the total and includes the kirana stores, mom and pop stores and the ilk. The organized or modern retail sector on the other hand captures a mere 7% of the total market share. Modern retail is defined as a form of retailing whereby consumers can buy goods from a similar purchase environment across more than one physical location and operates under three levels: Specialist stores catering to some particular category of product such as footwear, pharma & beauty, food and grocery etc. †classified under level I. Departmental stores that cater to a few categories of retail put under level II, and malls where we find an agglomeration of many departmental stores, hypermarkets etc †classified under level III retail.\r\n'

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