Know the options available in retail industry | Indie Retailer

A retail management course is about departmental store retailing and shopping mall retailing business. There is a huge demand for retail management professionals for processing of all merchandise shipments, achieving store sales and profitability, communication with the clients to gain their satisfaction, administration of stores etc. A retail management course from Management Institute may fetch a dream job to the career trainees. With the spurt of shopping malls and departmental stores huge employment opportunities are opening up in India and abroad.

Retail management provides detailed information on supply chain management, marketing information, finance management, accounting in retail, electronic retailing merchandise management, marketing and business communication, sales promotion with public relation, inventory management, customer relationship, business ethics, retail brand management, business communication, psychology of retail shoppers, management and organizational behavior, quantitative methods in retailing. Retail management offers employment opportunities in the books and publishing industry, music stores, multiplexes, shopping malls, garment industry and even in the processed foods industry.

India is one of the top ten emerging retail markets all over the globe. With such a huge potential retail management offers limitless job opportunities in supply chains, exporting houses and departmental stores. Manufacturing companies also recruit store managers to reach out to the customers directly. IT and IT enabled services companies particularly in the field of telecommunication also require large numbers of store mangers considering the recent boom in this sector. Besides these education and health care industry also absorb a large number of store / retail managers.

Retail management is also a promising and bright career option today with the proliferation of supply chains, shopping complexes, malls and multiplexes not only in metros but in newly developing cities as well. Retail management involves the distribution process of the product from manufacturers to ultimate consumers via short and convenient channels, i.e. retailers. Thus to keep track of the marketing ethics involved in retail, it needs trained professionals known as Store Managers to manage these outlets. The concept of Store Manager is creeping in India popularly referred to as Retail Manager in service oriented set ups.

I hope now you get the idea about MBA in retail management and the benefits this course have.

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Source: http://www.indieretailer.com/know-the-options-available-in-retail-industry-2/

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