Define retailing. Discuss the scope and prospects of retail sector in the current Indian context.
Retailing refers to the process of selling goods and services to consumers for their personal use or consumption. It is a crucial part of the supply chain that bridges the gap between manufacturers or wholesalers and end consumers. Retailers play a vital role in meeting consumer demands, offering a wide range of products, and providing convenience and accessibility to customers.
Scope of Retailing in the Current Indian Context:
The retail sector in India has undergone significant transformation and growth in recent years, making it one of the most dynamic and promising industries in the country. Several factors contribute ______ ______ ______ _________ __________ ___ _____ ___ ______ _______ _____ _____.
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