Question
Describe briefly the current retail scenario in India. Which products command the top position in retail at present?
The current retail scenario in India is characterized by rapid growth and transformation, driven by both organized retail and e-commerce. Over the last decade, the retail landscape in India has evolved with the expansion of shopping malls, retail chains, and online platforms. The growing middle class, rising disposable incomes, and ________ ___ _________ __ _____________ ______ ______ _____________ _______ ___ ________ ____.
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Markdowns
What do you mean by buying behaviour of retailers? How has it undergone changes during the last few years?
Shopping Products and Specialty Products
What do you mean by "Method of Presentation? Discuss ideal presentation standards in the retail store giving suitable examples.
"Every product category and beand which deals with life-style or fashion operates generally in the core and fashion range".
Explain the steps involved in the development of new products.
What is pricing? Explain different types of pricing commonly used in the retail business. Discuss different factors that affect pricing of merchandising in the retail business.
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