Retailing in India is not a very new phenomenon. It has been in practice since long. But the emergence of Globalization (1991) has added extra pace and dimension to the retailing sector. This decade has brought a number of changes in a number of ways. The most vitally affected are the social and...

The liberalized environment since 1991 with changes in income levels, lifestyles, taste & habits of consumers with preference for superior quality and branded products, vast domestic market with a very competitive manufacturing base has lead to major retail boom in recent years. Retail trade...