Retailing is the largest private sector in the world and the prime mover of the economy. It accounts for almost 10% of the GDP of most developed nations. Retailing globally is huge-$6.6 billion . Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. It accounts for over 10% of the gross domestic product (GDP) and around eight% of the employment. India is the world’s fifth-largest global destination in the retail space.
India ranked 73 in the United Nations Conference on Trade and Development's Business-to-Consumer (B2C) E-commerce Index 2019. India is the world’s fifth-largest global destination in the retail space and ranked 63 in World Bank’s Doing Business 2020.India is the world’s fifth-largest global destination in the retail space. In FDI Confidence Index, India ranked 16 (after US, Canada, Germany, United Kingdom, China, Japan, France, Australia, Switzerland, and Italy.
In an increasingly competitive landscape, retail industry players must compete in several ways. These days, consumers want first-rate customer service and an integrated shopping experience. The rise in omnichannel retailing is a confirmation of this. Consumers want to combine the benefits of traditional shopping with the convenience of using modern technology. Consumers may now be shopping online using their tablets or smartphone. They could also be on the high street in a bricks-and-mortar store. Consumer appetite for retail sales has remained robust. As such, retailers must now provide a hassle-free, seamless experience for the consumer to remain competitive.
Retail organizations must continuously improve and change in order to keep up with their competition. As with any division of a retail business HR management should plan for the long-term and implement strategies which are conducive with the evolving times. “To succeed in the market, organizations need to develop strategies and organizational practices that allow them to be truly ambidextrous—to pursue both incremental and radical change—on all platforms InterManagement’s vast experience recruiting in the retail and consumer sector has allowed us to build a strong knowledge base of the industry and its trends. Our vast Retail network and database of o Retail candidates enable us to quickly deliver quality candidates, leading to high client satisfaction, repeat business and new partnerships.
We’re one of the world’s leading specialist professional recruitment consultancies with a clear differentiation based on the quality of our service. We work with start-ups, SMEs, as well as blue chip companies. We recruit across a range of professional disciplines. InterManagement’s consultants bring with them an in-depth knowledge and expertise of the consumer goods and services industry. Our consultants have an established track record in successfully closing search assignments for clients in the FMCG (Food & Personal Care), Consumer Durables (White Goods & Electronics), Telecom, Apparel, Retail, and E-Commerce.
We’ve built our business on adding value for our clients far beyond the traditional, transactional hiring process. We accomplish this by providing market feedback, networking activities and ongoing insights into the employer’s brand. We combine vigorous analysis, interviewing and candidate profiling with a partnership-based approach aimed at understanding a business’s needs and culture, and the position to be filled