Overview about Retail Industry:
The retail success story in India has spurred demand for merchandisers. “Retailers are now discovering new and lucrative markets in Tier II & Tier III cities. All retail chains, large format stores and large brands are already on the lookout for retail merchandisers to back up their expansion plans.
Future expectations of job opportunities:
A recent study by Institute of Apparel Management put the size of the world Retail market at a possible $60-75 billion (Rs.2, 40,000/-3,00,000crore) by 2011-12.
Qualifications:
1. Mainly for the retail course, eligibility is graduation (in any stream). This is the eligibility in almost all colleges.
2. Only a few colleges prefer 10+2 (HSC, Matriculation), while a few prefer 2years of work experience.
Career ladder:
1. Fashion Merchandiser
2. Buyer in Retail Outlets
3. Frontline Supervisor
4. Frontline manager
At what post are they hiring: Mostly at the beginner and middle levels. In some cases, at the level of general manager and vice president
Remuneration: Rs.2.5-3 lakh p.a. at the beginner level, Rs.4.5-5 lakh pa for middle level professionals, depending on qualification and experience
Who’s hiring: Thomas Cook, Cox & Kings, Kuoni Travel, Club Mahindra, Raj Travels, and Mercury Travels. Online players including makemytrip.com, yatra.com, travel.indiatimes.com, cleartrip.com, ezeego1.com
Who're they hiring? Any graduate (with or without MBA in Retail Management) with excellent communication skills; 3-8 years experience in retail
Institutes conducting Retail management course:
1. Welingkar
2. KJ Somaiya
3. Chetana
4. Sasmira Retail and many more
Future expectations of job opportunities:
A recent study by Institute of Apparel Management put the size of the world Retail market at a possible $60-75 billion (Rs.2, 40,000/-3,00,000crore) by 2011-12.
Qualifications:
1. Mainly for the retail course, eligibility is graduation (in any stream). This is the eligibility in almost all colleges.
2. Only a few colleges prefer 10+2 (HSC, Matriculation), while a few prefer 2years of work experience.
Career ladder:
1. Fashion Merchandiser
2. Buyer in Retail Outlets
3. Frontline Supervisor
4. Frontline manager
At what post are they hiring: Mostly at the beginner and middle levels. In some cases, at the level of general manager and vice president
Remuneration: Rs.2.5-3 lakh p.a. at the beginner level, Rs.4.5-5 lakh pa for middle level professionals, depending on qualification and experience
Who’s hiring: Thomas Cook, Cox & Kings, Kuoni Travel, Club Mahindra, Raj Travels, and Mercury Travels. Online players including makemytrip.com, yatra.com, travel.indiatimes.com, cleartrip.com, ezeego1.com
Who're they hiring? Any graduate (with or without MBA in Retail Management) with excellent communication skills; 3-8 years experience in retail
Institutes conducting Retail management course:
1. Welingkar
2. KJ Somaiya
3. Chetana
4. Sasmira Retail and many more
For further details about Retail Management course click here to read India’s first head-to-head comparison of Institutions offering Post Graduation in Retail Management.
To read about careers in Retail, click here.
As part of the job, merchandisers are responsible for ensuring that products appear in the right store at the right time and in the right quantities. This involves working with the buying teams to accurately forecast trends, plan stock levels among others.
This has created a tremendous demand for trained professionals.
Hence, all retail chains, large format stores and large brands are already on the lookout for retail merchandisers to back up their expansion plans,
A recent study by Institute of Apparel Management put the size of the world retail market at a possible $60-75 billion (Rs 2,40,000-3,00,000 crore) by 2011-12.
As part of the job, merchandisers are responsible for ensuring that products appear in the right store at the right time and in the right quantities. This involves working with the buying teams to accurately forecast trends, plan stock levels among others.
This has created a tremendous demand for trained professionals.
Hence, all retail chains, large format stores and large brands are already on the lookout for retail merchandisers to back up their expansion plans,
A recent study by Institute of Apparel Management put the size of the world retail market at a possible $60-75 billion (Rs 2,40,000-3,00,000 crore) by 2011-12.
