Retail Management

Retail management is one of the most highlighted specializations in the field of business management. An upcoming area of specialization but has already become a sought after management course. Retail management is a relatively new concept. The basic of retail management course comprises of retailing business especially in the field of departmental and shopping mall retailing. The way Indian retail market has grown up in last few years with the advent of hundreds of malls, multiplexes, merchandising, it has also opened bright new opportunities to the professionals in retailing. In retail sector, supply is still less than demands so that provides added incentives for retail professionals. Retail business requires professional for store sales and handling and managing all forms of commodities shipments. Retail people are also expected to satisfy their customers because retail is basically people centric sector. Retail industry is expected to grow by almost 30-40 percent in India and that sort of growth will definitely need many professionals.

Retail management course includes plethora of information on various aspects of retailing. The subjects under retail management are, supply chain management, marketing and business communication, sales promotion, organizational behavior, merchandise management, inventory management, finance management, psychology of retail shoppers, electronic retailing, business ethics, brand management, accounting in retail, public relationship skills, customer relationship, management and quantitative methods in retailing etc. students completing retail management course can find job opportunities in multiplexes, garment industry, music stores, shopping malls, publishing industry to name a few.