INTRODUCTION OF THE PROJECT REPORT
RETAIL MEANING :-
Retail comes from the Frenchword
which refers to"cutting off, clip and divide" interms of tailoring (1365). It firstwas recorded as a noun with themeaning of a "sale in smallquantities" in 1433 (French). It'sliteral meaning for
was to"cut off, shred, paring".
Business of selling products andservices to the public as theultimate consumer. Retailinginvolves selling many differentproducts and services, either froma store location or in direct sellingthrough vending machines and in-home presentations, mail order,and so on.
First retailers in India includeBATA, Pantaloon, Bombay
Dyeing, Spencer’s, and Nilgiris.
The current Retail scenario iscontrolled by the likes of shoppersstop, Big Bazaars.