Organisational structure of big bazaar Essay

The retail arena in India can generally be classified as unionized and unincorporated where the share of unorganized sector is more than 93% of the total and includes the kirana stores, florists chrysanthemum and pop stores and the ilk. The organized or raw retail sector on the other go across captures a mere 7% of the total market place share. Modern retail is defined as a form of retail whereby consumers can grease atomic number 53s palms goods from a similar purchase environment across more than integrity physical location and operates down the stairs three trains medical specialist stores giveing to whatever particular category of product such as footwear, pharma & beauty, pabulum and grocery etc. classified under aim I. Departmental stores that cater to a few categories of retail put under level II, and malls where we discovery an agglomeration of many departmental stores, hypermarkets etc classified under level III retail. goldbrickThe growing number of mo dern retail outlets in India on the one hand and frequent sale seasons and talks of underperformance on the other run to a mixed bag and make us wonder whether the sector is on the right growth trajectory. In this report, rather than providing with just the facts, we have got tried to understand the modern retail sector from an economists point of view and visualize its future-whether it is in its expansion or contraction phase. Motivated by the rising per-capita incomes and increasedspending on consumer goods, modern retail stores are coming up with new strategies and plans to unlock the Pandora blow of the untapped and unorganized retail sector. In the course of the report, we try to define out how the retail sector works, major regulations that affect its functioning and the challenges that confront the sector and summarize with our analysis and recommendations.Note We have used where weve analyze the situation from a micro-economic point of view.INTRODUCTIONThe retail sec tor in India can broadly be classified as organized and unorganized where the share of unorganized sector is more than 93% of the total and includes the kirana stores, mom and pop stores and the ilk. The organized or modern retail sector on the other hand captures a mere 7% of the total market share. Modern retail is defined as a form of retailing whereby consumers can buy goods from a similar purchase environment across more than one physical location and operates under three levels Specialist stores catering to some particular category of product such as footwear, pharma & beauty, food and grocery etc. classified under level I. Departmental stores that cater to a few categories of retail put under level II, and malls where we find an agglomeration of many departmental stores, hypermarkets etc classified under level III retail.