Retailing consists of the sale of goods or merchandise from a fixed location, such as a department store or kiosk, or by post, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be individuals or businesses. In commerce, a retailer buys goods or products in large quantities from manufacturers or importers, either directly or through a wholesaler, and then sells smaller quantities to the end-user. Retail establishments are often called shops or stores. Retailers are at the end of the supply chain. Manufacturing marketers see the process of retailing as a necessary part of their overall distribution strategy.
This blog is a forum to discuss various issues in retail industry and explore it in depth. We'll post one or two topics of discussion every week and open it for user discussion through comments. Do pass the link of the blog to all your friends across the globe to get an all round view on retail.
Happy Participating! :-)
8 comments:
Great idea!
We can create side by side a retail dictionary where people can post meanings of words related to retail and hence increase our knowledge base.
This is a great initiative and this forum would definately help everyone to learn and share more about the booming Retail Sector.
The area of blogs or blogging has seen incredible increases over the last few years. 75,000 new blogs appear every day, joining the already 35,000,000 that are currently online. Blogs are some of the most up to date and dynamic entities online.
Its great idea to utilise the power of blog for active student involvement.
to all the user's and comment maker plz be blog specific and not jingle around for the initiative lets start spreading our knowledge of retail here.
I found an intersting blog related to FDI in Retail:
http://prajatantra.blogspot.com/2005/07/fdi-in-retail-one-point-agenda.html
knowledge develops through sharing and using this as an interactive media would enrich us more and would help in clarifying our doubts
Very useful blog post!!!
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