13 million+ retail outlets – the number of retail outlets India has, the highest in the world
50-100 sq feet/store – average size of store
7th largest retail market in the world is India’s, and is expected to grow at a CAGR of over 13% till Financial Year ‘12. -Indian Council for Research on International Economic Relations (ICRIER)
The various steps involved in drawing the customers into the store to fulfill their buying needs while at the same time making shopping a pleasurable experience, refers to Retail Management.