Retail is among the fastest growing industries in India.

It is moving towards modernization and consolidation, generating employment for innumerable people. Increasing disposable income, purchasing power and awareness levels are leading to the growth of the sector. This scenario would bring out lucrative opportunities for the young as well as experienced candidates. Retail sector is expected to offer 50,000 jobs in the coming five years. The sector has vacancies from the entry level to senior management level. The skills required to survive and grow in this sector are people skills, zeal, communication skills and team spirit. To excel in this challenging sector the candidate must have an outgoing personality to interact with customers or sellers. As it is a people-oriented business, the candidate should be dynamic, versatile and should have the right attitude to be successful. The profession demands excellent command over language and spirit of working in teams. Promotions and growth entirely depend upon the skills, achievements and efforts of the candidate

Some of the profiles that the sector provides include: Sales

This profile is composed of the sales force, which deals directly with the customers and helps them make choices. These are the people who are a part of the consumer's final purchase process. They are required with high level of expertise and persuasive powers. These are entry-level jobs and graduates with lots of enthusiasm are preferred yStore manager (SM) / Assistant Store managers (ASM) Store managers are responsible for an entire store and take care of the day-to-day operations. They are confronted with an environment that changes rapidly. A store manager has to keep his staff motivated and encourage them to satisfy the customers fully. They have to set sales and profit targets, and achieve them. Graduates with two years of experience are given preference. yRetail manager The Retail manager helps coordinating the day-to-day operations of the store. The person is involved with the layout of merchandise, managing the supply chain, checking the stock levels and keeping the records of the financial transactions. The individual must understand the customer requirements. An MBA with 1-2 years of experience is suited to the job.

Retail buyers
The retail buyers are responsible for maintaining a variety of products and selection of the right material and goods. They must take into account the customer specific requirements. They select the merchandise and buy the goods. The retail buyers can become store managers, divisional merchandise managers, product developers and merchandise planners. Graduates with some amount of experience in a related area are suitable. yProduct development Product development involves creating merchandise, developing marketing plans, working with designers and giving a shape to the final product. Most developers have a merchandising background. They understand the timing, assortment planning and quality of product. Experience requirements are high in this field. yMerchandise planning Merchandise planners develop the financial plans and allocate the quantities of merchandise to each store. This profile would require a knack for numbers, managerial and people skills. Analyzing and suggesting business strategies, understanding the duties of both a buyer and store manager are some of the expectations from the planner. He must keep a record of the inventory, price changes, assortment plan and marketing strategy. An MBA with 2-3 years of experience or a graduate with 7-8 years of experience would be suitable. yRetail design / Visual merchandise Retail designers and visual merchandisers have to give a face to the brand. They enhance the brand image and attract the customers to the store. This profile requires an eye for detail and a creative mind. Experience counts a lot in this profile, too

Cafe Coffee Day Barista Pantaloon Group Provogue Trent (Westside) ShoppersStop Murjani Group Escada Group Arvind Brands Life Style Group McDonalds Titan Tanishq

Aditya Birla Retail Limited Arvind Brands Ltd. Avenue Supermarts Pvt. Ltd. (D-Mart) Bharat Petroleum Corporation Ltd. Classic Fashions Damas Goldfields Jewellery Pvt. Ltd. Ebony Retail Holdings Ltd. G R ThangaMaligaiGini; Jony Globus Stores Guardian Lifecare Ltd. Heritage Foods (India) Ltd. Infiniti Retail Ltd. ITC Ltd LRBD Kalanjali Arts & Crafts KewalKiran Clothing Pvt. Ltd. KirtilalKalidas& Co. Koutons Retail India Ltd. Lakewood Malls Pvt. Ltd. (Haiko) Levi Strauss (India) Pvt. Ltd. Lifestyle International Pvt. Ltd.

L N B Textiles Pvt. Ltd. Madura Garments Major Brands (India) Pvt. Ltd. Manipal Cure & Care Pvt. Ltd. McDonald's India (West & South) MnM Marketing Private Ltd. (MnM) Nallis NEXT Retail India Ltd. Odyssey India Ltd. Oswal Retail Pvt. Ltd. Pantaloon Retail (India) Ltd. Personality Ltd. (Weekender) Piramyd Retail Ltd. Planet M Provogue India Ltd. RajmalLakhichandJewellers Pvt. Ltd. Raymond Ltd. Reliance Petro Marketing Pvt. Ltd. Reliance Webstore Ltd. RPG Retail Sankalp Retail Value Stores Pvt. Ltd. (mydollarstore) Shoppers Stop Subiksha Trading Services Pvt. Ltd. TCS Textile Pvt. Ltd. (The Chennai Silks) The Bombay Dyeing & Manufacturing Co. Ltd Titan Industries Ltd. Trent Ltd. Unilever India Exports Ltd. Vishal Retail Ltd. Vivek Ltd. Wadhawan Food Retail Pvt Ltd WITCO (India) Ltd. Zodiac Clothing Co. Ltd. Regards, rg

Question 11: The Monetary Policy of India is announced by the 1. Union Finance Minister 2. Union Commerce minister 3. Prime Minister 4.Governor of RBI 5. Correct Answer: 4. Question 6: Which of the following can be called as a part of the Service Sector? 1. Textile mills 2. Banking 3.Coal mines 4.Agriculture 5. None of the above Correct Answer: 2.

Question 5: Which of the following policies is usually formulated and implemented by the central bank of a country? 1. Monetary policy 2. Fiscal policy 3.Export-import policy 4.Prices and income policy 5. Correct Answer: 1. Question 7: The State giving unemployment allowance is 1. U.P 2. M.P 3.H.P 4.Punjab 5. Correct Answer: 2.