Sunday, September 19, 2010

Career in Retail Management



Retail is one of the fastest growing and changing industry in the world, and contributed the economic growth of many countries. And as you all know, Nowadays Shopping is one of the hobby for the new generation what contributed to change the whole concept of shopping format and buying behavior of customers. And this rapid growth of retail sector and its expansion across the country and globe both with in a very short time span known as Retail revolution both, domestically & internationally. As the Retail Sector is booming across the globe, So now to cater to the resources for the retail industry many of  the business school comes out with various Degree and Diploma level program’s in retail management like MBA in Retail Management, Post Graduate Diploma Program in Retail Management  and Diploma in Retail Management.

Retail Management in India - Several top companies of India and international market like Wal-Mart, Bharti, Reliance, RPG Group, Westside, Titan, Raymonds, Food World, Barista, CafĂ© Coffee Day, Bata, Trent, Crossword, Pantaloons,  Big Bazaar has established their presence retail market. And the vacancies in retail sector are majorly available from the entry to senior level. As the pace of expanding departmental stores and shopping malls are increasing rapidly gives the indication that plenty of job opportunities are goingt to open domestically as well as internationally.Retail management is majorly acquired with retailing business of departmental stores and shopping malls. Whereas India is one of the top ten emerging retail markets all over the world. Where the numbers itself shows that there are more than  four million retail outlets are there in the country, which comes out with more than three million retail managers including low to senior level guys at present.
With such a huge potential retail management there is a big demand for the retail management individuals to process all merchandise shipments, to achieve targets of store sales and profitability, administration of stores as well as communication with the clients to get the client satisfaction.
Retail Management not only offers huge job opportunities in supply chains, exporting houses, shopping malls and departmental stores but also providing the jobs in below industry segments :
Manufacturing companies –  are also recruiting retail managers to reach out the customers directly.
BFI’s Industry  (Banking, finance and Insurance companies )-  needs professional as retail managers those can help them to take their products directly to the end customers.
ITES (Information technology enabled services companies) – ITES companies those majorly in the field of telecommunication also require Retail Professionals

In Retail Management Courses the professionals are taught and trained in supply chain management, finance management, marketing information, marketing and business communication,electronic retailing, customer relationship management and many more. After the Degree in Retail Management, you will get expertise into areas like Marketing, organizational communication, Finance and Management, will also provide you the knowledge about  Pricing, Store Operations, Human Resources and Merchandising.

As the job opportunities in the Retail industry are increasing continuously , So start a career in Retailing is much more beneficial today.Just after getting the degree in Retail Management, students are recruited in supervisory or specialist roles.And even the Management or Analyst profiles are also open for Retail Management individuals.  So pursuing your degree from a well known institute is necessary to get a good  job in a multinational company like MacDonald, Pizza Hut, Domino, Levis, Nike, Adidas, Benetton, Sharp, Kodak and Sony. 


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1 comment:

  1. Gyantonic has lot of information about the education based topics like Career guidance,
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