| Career in Retail Management | | | | retail buyer, retail design/visual merchandise, |
| Today, the world is changing very fast. Now, the | | | | merchandise planning and product developers. |
| living standard of every individual is different and | | | | A career in this sector can be very rewarding, as |
| so do the shopping style. But, in present situation | | | | in this sector you can earn well. Before entering |
| one fact is that now people love to shop a lot | | | | into this field you need to be well prepared in |
| and they spend lots of time and money on it. | | | | advance, so that you can understand the minute |
| Shopping becomes a hobby for most the young | | | | requirements related to the job. There are many |
| people. People shop with different reasons like | | | | institutes in India which are offering this course as |
| some for fun, to avoid depression and loneliness, | | | | MBA in retails management and PG course in |
| some for time pass. We can say that the whole | | | | Retail Management. A retail management course is |
| concept of shopping has altered with the time, in | | | | about departmental store retailing and shopping |
| terms of format and consumer buying behavior. | | | | mall retailing business. A course in this field from a |
| To satisfy these new buying concepts and | | | | reputed institute can help you to capture a good |
| different demands, we should always give credit | | | | job in this industry. A candidate opting to enroll for |
| to urbanization and sprawling shopping centers, big | | | | a MBA course in Retail Management should have |
| malls and huge complexes that emerged at every | | | | passed the Graduation Examination at least. Some |
| small and big city. Due to this present scenario the | | | | of the institutes which offer this course are: |
| retail industry has grown into one of the largest | | | | National Institute of Retail Management (NIRM), |
| economic sector in the global economy and | | | | Welingkar Institute of Management, K J Somaiya |
| capturing the big chunk of the market. | | | | Institute of Management Studies & |
| Retailing can be defined majorly as the buying and | | | | Research, Mudra Institute of Communications, |
| selling of the goods and services. It can also be | | | | Indian Retail School, SP Jain Institute of |
| defined as the timely delivery of goods and | | | | Management and Research, Birla Institute of |
| services demanded by the consumer at prices | | | | Management Technology |
| that are competitive, reasonable and consumer | | | | , New Delhi, Narsee Monjee Institute of |
| friendly. | | | | Management & Higher Studies. |
| Retailing process involves a direct interface with | | | | Companies like Reliance India, Pantaloons, RPG |
| the customer and the coordination of all the | | | | Group, Titan, Raymonds, Westside, Barista, Bata, |
| business related activities from the design stage | | | | Caffe Coffee Day, Crossword, Food World, Nilgiris |
| to a products delivery and post-delivery service. | | | | and Trent are some of the big Indian companies |
| Generally, this business can be categorized into | | | | who have opened their retail chains in India. This |
| several types depending on product's size, amount | | | | has created huge employment opportunities for |
| of products, services, offers related to that | | | | trained retail management professionals. Jobs of |
| product and the prices they charge for that | | | | department managers, assistant store managers, |
| particular product. Some of them are | | | | buyer trainee, merchandising assistant, customer |
| supermarkets, supply chain, factory outlets, malls, | | | | service representative, and management trainees |
| stores, discount stores and house hold appliances | | | | are available in the retail sector. |
| etc. | | | | Some big companies like Reliance India, |
| As a career option this field offers a dynamic and | | | | Pantaloons, RPG Group, Titan, Raymonds, |
| plenty of employment opportunities to the young | | | | Westside, Barista, Bata, Caffe Coffee Day, |
| and talented people. This industry offers around 2 | | | | Crossword are some of the Indian companies |
| million job opportunities to the aspiring | | | | who have opened their retails chains in India. So |
| professionals worldwide. As this profession is | | | | you can try your luck in one of the big names or |
| directly related to the customers and in other | | | | even you can start your career with small scale |
| word public at large, so it required some qualities | | | | industry. You can work there at different levels |
| like good communication skills and analytical mind, | | | | like department manager, assistant store |
| presentable personality and more importantly | | | | managers, buyer trainee, merchandising assistant, |
| customer friendly attitude. This field is related with | | | | customer service representative, and |
| the store and selling, but all the jobs in this field | | | | management trainees are few position on which |
| are not in store and outlets themselves. Career in | | | | one can work. |
| retail sector can be developed as store manager, | | | | |