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Internal Trade Types|Fixed Shop Small Retailers|Fixed shop- Large Stores|Some of the important features of a departmental store|Advantages

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Explain different types of small-scale retail shops .

Specify the characteristics of fixed shop retailers.

Recent indications that the government is considering foreign direct investment in retail trade have sparked off a debate on the advisability and consequence of this policy Retail trade takes place through five types of outlets-Kirana shops, more modern retail shops, departmental stores, super markets and hyper markets. Kirana shops and retail shops are a feature of our landscape. Every village and town has them. They are usually family-owned and mass-managed. As generations pass and villages become small towns, Kirana shops graduate into modern retail outlets. When towns become cities, departmental stores appear. Super markets are the next stage in the evolution of retailing. They are viable only in the bigger cities. The fear expressed by some people is that allowing FDI in retail trade and the entry of international retailers could lead to a diminution of kirana shops and retail stores. Super markets came up much before modern retail stores in the big cities.

Recent indications that the government is considering foreign direct investment in retail trade have sparked off a debate on the advisability and consequence of this policy Retail trade takes place through five types of outlets-Kirana shops, more modern retail shops, departmental stores, super markets and hyper markets. Kirana shops and retail shops are a feature of our landscape. Every village and town has them. They are usually family-owned and mass-managed. As generations pass and villages become small towns, Kirana shops graduate into modern retail outlets. When towns become cities, departmental stores appear. Super markets are the next stage in the evolution of retailing. They are viable only in the bigger cities. The fear expressed by some people is that allowing FDI in retail trade and the entry of international retailers could lead to a diminution of kirana shops and retail stores. Kirana shops are still managed by the members of the family it owns.

Recent indications that the government is considering foreign direct investment in retail trade have sparked off a debate on the advisability and consequence of this policy Retail trade takes place through five types of outlets-Kirana shops, more modern retail shops, departmental stores, super markets and hyper markets. Kirana shops and retail shops are a feature of our landscape. Every village and town has them. They are usually family-owned and mass-managed. As generations pass and villages become small towns, Kirana shops graduate into modern retail outlets. When towns become cities, departmental stores appear. Super markets are the next stage in the evolution of retailing. They are viable only in the bigger cities. The fear expressed by some people is that allowing FDI in retail trade and the entry of international retailers could lead to a diminution of kirana shops and retail stores. Super markets do not exist in small towns in India at present.

Recent indications that the government is considering foreign direct investment in retail trade have sparked off a debate on the advisability and consequence of this policy Retail trade takes place through five types of outlets-Kirana shops, more modern retail shops, departmental stores, super markets and hyper markets. Kirana shops and retail shops are a feature of our landscape. Every village and town has them. They are usually family-owned and mass-managed. As generations pass and villages become small towns, Kirana shops graduate into modern retail outlets. When towns become cities, departmental stores appear. Super markets are the next stage in the evolution of retailing. They are viable only in the bigger cities. The fear expressed by some people is that allowing FDI in retail trade and the entry of international retailers could lead to a diminution of kirana shops and retail stores. Supermarkets are not viable in the small towns.

Recent indications that the government is considering foreign direct investment in retail trade have sparked off a debate on the advisability and consequence of this policy Retail trade takes place through five types of outlets-Kirana shops, more modern retail shops, departmental stores, super markets and hyper markets. Kirana shops and retail shops are a feature of our landscape. Every village and town has them. They are usually family-owned and mass-managed. As generations pass and villages become small towns, Kirana shops graduate into modern retail outlets. When towns become cities, departmental stores appear. Super markets are the next stage in the evolution of retailing. They are viable only in the bigger cities. The fear expressed by some people is that allowing FDI in retail trade and the entry of international retailers could lead to a diminution of kirana shops and retail stores. Inference : FDI in retail sector may protect the interests of both the consumers and Kirana shop owners. 1) If the inference is 'definitely true'. i.e. it properly follows from the statement of facts given 2) if the inference is probably true though not 'definitely true' in the light of the facts given. 3) If the data are inadequate i.e. from the facts given you cannot say whether the inference is likely to be true or false 4) If the inference is definitely false, i.e. it cannot possibly be drawn from the facts given for it contradicts the given facts.

Bharti Retail has introduced eight Wal-Mart private labels including these two='Great Value' and 'George'- in its supermaket chain Easy day, to attract more consumers, with their international design and packaging and more importantly the value they represent. This is the first time that a Wal-Mart private label has been launched in stores, not owned by the retailer that grosses $400 billion annually through 7800 stores in 16 countries. Wal-Mart has introduced these private labels in its cas-and-cary wholesale store, it recently launched in partnership with Bharti. This would mean, these private labels can find way to other retail stores as well. Private labels or store brands are those, owned and sold by retailers in their stores typically at a lower prices, because of minimal marketing and advertising expenses. This also helps retailers keep a check on prices of the national brands or those owned by other manufactureres or suppliers, because of cheaper competition. Bharti Retail gets 15-20% of sales from private labels and hopes to raise it to 30% in future. Introduction of more private labels may help Bharti follow its partner Wal-Mart's everyday low price philisophy. On average, Bharti stores offer 10-20% lower prices on private labels, as against national brands. Why do you think labelling is important ?

Puma stores are networks of retail shops owned and operated by Puma Company. These shops operater in different parts of country. One can easily didentify these shops in any part of the country as they have same appearance, even their interior is also identical. All the shops are supplied the goods from head office only and all the policies for all branches are made by head office only. Even store sell some goods at uniform prices. (a) State the type of retail store mentioned in above case. (b) State any two features of chain store.

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