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Retail Theft
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It’s one of the most sought-after shopping markets that Wal-Mart and every other big retailer is desperate to get in to, but India is also the place where retailers are most prone to shoplifting and employee theft.The country tops the world in retail shrinkage rate at 3.2% of total sales, according to the Global Retail Theft Barometer 2009 that tracked retail loss and crime in 41 countries and regions including the US, China, India, Europe, Japan and Australia.
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The Right Mix for Seamless Distribution in Indian Retail
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In retail business, distribution plays a key role, as it decides the where, how, whom and when for products to reach their ultimate destination. Manufacturers and retailers need a number of distribution models, channels and intermediaries at varying degrees of importance and priority, depending on the consumer...
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Visual Merchandising-A Smart Model
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The term Smart Visual Merchandising is the way in which the stores display the products electronically. The way in which you display the products to attract the customers and make them easy for shopping .Store displays have an impact on the consumer....
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Improving Apparel Sales with Versatility
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In any sales transaction, both the buyer and the seller do some form of assessment. To create an image in the minds of the consumers, and sustain their share in the cutthroat competition, retailers need to think and act 'out of the box'. Lack of proper business understanding leads it's to failure or decreasing profits....
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Give Strength to the Roots of Faith: Enhancement of Existing consumers
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There is rigid competition in the jewellery retail business and every day changes in customers demand and needs. With the change of customer behavior you shall concentrate on retaining customer. Efforts to sell and promotion are no longer working as it used to be earlier. You have to spend lot of money on advertising and other marketing polices....
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