what is retailing explain retail trends in indian scenario
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Answer:
Explanation:
Indian retail sector has been growing rapidly with various factor effecting to its rise. The few vital factors would be the increase in digitization, purchasing power of consumers, urbanization and rapidly changing lifestyle of the consumers.
A sharp rise and improvement in the consumption pattern of Indians has been noted that has resulted in the retail sector grow and the sector is expected to record a growth of $1.3 trillion by 2020. There is a positive impact seen in the section of organized retail. At present the organized retail penetration is 7 percent and its expected to reach 10 percent .Also the organized retail market is also going to grow and reach the level of 19 percent which is currently at the level of 9 percent, according to reports published.
Answer:
Hi,
Explanation:
what is retailing explain retail trends in indian scenario ?
At present the organized retail penetration is 7 percent and its expected to reach 10 percent . ... Also the organized retail market is also going to grow and reach the level of 19 percent which is currently at the level of 9 percent, according to reports published.
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