There is only one boss, “The customer”. And he can fire everybody in the company from the chairman down simply by spending his money elsewhere.”
– Sam Walton, Founder of Wall Mart stores Inc.
Sam Walton, Founder of Wall Mart stores Inc.
A recent survey of Indians revealed that most of us consider shopping a form of entertainment. No wonder then that India has a shopping market of Rs. 14,85,000 crores, rapidly growing at a rate of 13%. Interestingly, a large share of this can be attributed to the kirana shops that currently dominate the Indian bazaars. These stock an assortment of goods and brands and can be found at every street corner. In fact India has close to 1.5 crores shops of all kinds.
The modern era is retailing has barely begun with a few big supermarkets and hypermarkets, but this sector is poised to take off tremendously. Large corporate groups such as lTC, Reliance, Tata, Raheja, Pantaloon Retail and Bharti are infusing staggering amounts of capital into the organized retail sector, and by 2015, the modern retail market is estimated to be worth Rs. 10,75,500 crores, nearly as large as the entire market today. The joy of modern shopping, the likes of which we have so far experienced only during visits abroad, will be available to us at every street corner. Not only that, retail also offers large scope in terms of employment opportunities, as it is one of the largest employers worldwide.
DIPLOMA IN RETAIL MANAGEMENT
Eligibility: 10th or 10 + 2
Course duration: One year
Course Fee: Rs. 90,000
Admissions: Starts from March each year
Study Material & Blazer Suit Cost Extra
Hostel Facilities available for both Men and Women available at Rs.60,000/- Per year ( without food )
- Introduction to retail
- Retail in India
- Retail Models and themes of retail development
- Understanding the retail consumer
- Retail strategy
- Retail franchising
- Retail merchandising
- Human resource management in retail
- Supply chain management