Characteristics, Functions and Services of a Retailer
In the fast changing globalized and a technology-driven business world, Retail industry over last few decades has witnessed a sea change. Worlds largest retail giant of the present times Walmart is operating worldwide by establishing hypermarkets in various countries by taking the help of sophisticated means of communication as well as information systems technology.
A careful analysis of the trends reveals that in the Fortune 500 list of organizations, 50 are from retail industry and the top rank is occupied by the worlds No. 1 retail giant Walmart. The statistics convincingly reveal how fast the retail industry has grown and paved the path for expansion of business as well as employment opportunities.
Characteristics of a Retailer
Key Functions Performed by a Retailer
Services Provided by a Retailer
To Customers:
To Wholesalers:
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