Retail Management is a professional programme or a course for graduates to pierce in the field of Retailing (sale of goods or commodities in small quantities directly to consumers). With an employment of around 8% and contributing to over 10% of the country's GDP (Gross Domestic Production), Retail industry in India is expected to rise 25% yearly being driven by strong income growth, changing lifestyles, and favorable demographic patterns and is one of the largest industries in India.

India’s retail industry, where Indian retailers are increasing their number of outlets and food industry is the most dominating sector with branded food industry approaching the same for more profit, is intensifying itself more forcefully.

Retail Management Course:

Retail Management course is the study of processing of all merchandise shipments, achieving store sales and profitability, communication with the clients to gain their satisfaction and administration of stores.

Eligibility required:

Graduates in any discipline from recognized university and also final or last year students can apply for the course.

Institutes offering programmes in Retail Management:

•    Mudra Institute of Communication, Ahmedabad

•    K.J. Somaiya Institute of Management Studies & Research, Mumbai

•    Prin. L.N. Welingkar Institute of Management Development & Research, Mumbai

•    Birla Institute of Management Technology, Greater Noida

•    Institute for Technology and Management, Mumbai

•    Jawaharlal Nehru Technology University, Hyderabad

•    K.C.College of Management Studies, Mumbai

•    Pearl Academy of Fashion, New Delhi

Companies offering scope for the candidates of Retail Management:

•    Reliance India

•    Pantaloons

•    RPG Group

•    Titan

•    Raymond’s

•    Westside

•    Barista

•    Bata

•    Café Coffee Day

•    Crossword

•    Food World

•    Nilgiris

Companies having good name and fame in the market as above mentioned are opening their retail chains in India and are earning a lot with a bright future vision.

Career in Retail Management:

Presently, Retail Industry is beating all the other industries in India. There is a big demand for the retail management professionals to process all merchandise shipments, to achieve store sales and profitability, administration of stores as well as communication with the clients to satisfy them. With rapidly expanding departmental stores and huge shopping malls, plenty of job opportunities are opening all over India. An estimated growth rate in retail sector in India has been about 30-40% with establishment of more than 200 shopping malls. This mounting industry with N number of jobs is offering a brilliant career in the field of Retail Management.

Future of Retail Industry:

Indian Retail Industry is offering a talented future for the Reserves. Today it is running on the same theme like other industries i.e. “Earn & Learn”, but in the coming years it is going to be “Learn and then Earn & only Earn”. The structure of retailing will also develop rapidly. Shopping malls are becoming increasingly common in large cities, and announced development plans project at least 150 new shopping malls by 2008. The number of department stores is growing much faster than overall retail, at an annual 24%. Observing all the related data with a non blinking eye, itself reflects the future of Retail Industry in India.