retailing formats, in India, is going through a transition. M some(prenominal) Retail companies are still in the growth of (trial and error) finding out the best and the near suitable / profitable sell format. Some are hitherto trying a combination of various formats including e-commerce.
The key accusative being, the right use of the rather expensive retail sure estate resulting in advancedest possible returns while also retentiveness the customers coming back.
Generally, Retailing is physically present in those areas with high footfalls or where captive customers are available with spendable clip and money.
1. High Streets / CBDs (Central passenger vehicleiness Districts)
2. Malls/ Shopping Centers / Department Stores
3. Forecourt Retailing (as in petrol stations)
4. Large format category killers
5. Medium and gauzy format stores
6. Multi Branded / Single Branded outlets
7. Speciality Retail outlets
8. Fairs & Exhibitions
9. Entertainment and Theme Parks
10. In Kiosks, Vending Machines and mobile Retailing formats (push carts)
TRAVEL RETAILING
Apart from these, the last few decades redeem witnessed a tremendous increase in the potential of retail obtain in the following places:
1. Airports ( Both domestic / International )
2.
line Stations
3. Inter-state Bus stations
Retailing in Airports has seen significant growth in the past few decades. However, Retailing in Railway / Bus stations, especially in a country like India having a huge middle class population, holds enough promises for a high volume retailing and growth. Companies like Future Group, Tata etc. have plans to expand their retail footprint on high transaction areas. For example Local railway stations in Mumbai, interstate Bus terminus in Delhi, Chennai etc.
RETAIL COMPONENTS
Broadly, the components in any retail format can be classified as follows:
1. Commodity Retailing
2. Food Retailing
3. Entertainment & Services
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