We are doing an extremely interesting training program. It is an exciting blend of marketing, operations and finance for store managers and merchandisers/buyers of Tata Trent which is into fashion retailing, along with a few more product categories in their department stores.
Organised retail in India has had a chequered growth compared to its global counterparts, because of consfusion over its impact on small conventional stores selling similar goods. Government policy has also further muddled the issue, and FDI in multi-brand retail is still frowned upon.
The situation is made even more interesting by the disruptive e-commerce players in India, such as Flipkart, Amazon and Jabong, which are making losses but increasing sales rapidly.
An enthusisatic group of participants and a lot of senior management visiting to keep everyone on their toes is another unique feature of this program. To more such programs at IIM Indore....
Organised retail in India has had a chequered growth compared to its global counterparts, because of consfusion over its impact on small conventional stores selling similar goods. Government policy has also further muddled the issue, and FDI in multi-brand retail is still frowned upon.
The situation is made even more interesting by the disruptive e-commerce players in India, such as Flipkart, Amazon and Jabong, which are making losses but increasing sales rapidly.
An enthusisatic group of participants and a lot of senior management visiting to keep everyone on their toes is another unique feature of this program. To more such programs at IIM Indore....
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