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A Career In Retail Industry

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Abstract: Service industry is performing a pivotal role in creating employment opportunities in India. The retail industry is one such sector that offers a number of job opportunities in merchandising, store management, central management and centralized buying. Retail continues to grow at a rapid rate offering face-paced, people-oriented, and service based careers. The retail industry is focused on the sale of goods or merchandise from a specific location for direct consumption by the purchaser. Online retail or e-tailing is a part of the retail industry that is quickly growing. Today in urban areas KIRANA SHOPS concept is developing in to malls and retailing chains.
Service sector contributes 65% to total GDP of the economy. Retail is one …show more content…

In recent years, several Indian and international companies like Reliance, Pantaloons, Wal-Mart, Big Bazaar has rooted their presence in the country. The vacancies in retail sector are available from the entry to senior management level. Career in retail sector can be developed as store manager, retail managers, retail buyers, retail design/visual merchandise, merchandise planning and product developers.
CAREER AND JOB …show more content…

There are approximately 4.3 million retail outlets spread over the nation, which require about 3.25 million retail personnel at present. With such a huge potential retail management offers limitless job opportunities in supply chains, exporting houses and departmental stores. Manufacturing companies also recruit retail managers to reach out to the customers directly. Banking, finance and insurance companies also need professional retail managers to bring their products directly to the customer. IT and IT enabled services companies particularly in the field of telecommunication also require large numbers of retail mangers considering the recent boom in this sector. Besides these education and health care industry also absorb a large number of retail managers. Jobs in the retail sector can bring handsome remuneration and good opportunity to move up the career ladder fast. With the tremendous growth of economy, retail management has emerged as one of the fastest growing career in the country. The enormous expansion in the retail sector during the past few years has thrown up a big demand for trained professionals in the field. It is an industry looking for people at all levels, from the school pass out with basic skills, to the well qualified supply chain and retail management professionals. One can take up a job depending on their interest and aptitude, since retail industry is an array of activities

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