Every business needs to gather information and to make informed decisions based upon it. In-house systems can provide an operational insight from the data they produce if this can be consolidated,...

During the past decade, logistics has gained an increasing importance among businesses. Reverse logistics has now become the point of focus for all businesses. A report says that out of every $100...

Visual merchandising is in existence since the dawn of civilization and prevails anywhere a trade activity takes place. It's like an alluring cover of a book which sparks interest in the minds of the ...

Mass Customization is the customization and personalization of products and services for individual customers at a mass production price. Thus it means meeting each customer's individual wants and...

A customer, who walked into a shopping Mall in Bangalore with an intention of buying a watch, ultimately bought one, but with a price that exceeded his budget. He explains that the inspiration behind ...

In today’s "Globalised Economy" the more obvious developments of the current industrial generation concern the use of information technology in communication, and mechanisation in production.

The recent years have witnessed rapid transformation and vigorous profits in Indian retail stores across various categories. This can be contemplated as a result of the changing attitude of Indian...

As per the report of the U.S. Commerce Department, there is a bounce in the Retail sales by 1.2 percent during the month of November which is comparatively 1% higher than '07 October and 3.2% higher...

Major department stores spend millions of dollars each year developing effective strategies for marketing and displaying their items so that the customers find them irresistible, opening their...

Retail shrinkage is the difference in the value of stock as per the books and the actual stock available in the shop. A survey in 118 retail chains in the US states that the country has lost $31...