As per one of the recent reports by industry body Assocham, India's eCommerce market is all set to touch a whooping figure of $38 billion by the end of 2016. This is a 67 percent hike over the $23 billion revenues for 2015.
Tesco Plc's disclosure of huge accounting mistakes over contracts with its suppliers shocked industry analysts and executives, but not because they didn't realise the potential for disaster, says a Reuters report.
Since Indian retail industry is burgeoning at a tremendous pace, its Human Resource HR practices need deep introspection. Let us find out the challenges of HR in retail industry in India and measures to overcome these effectively.
With significant growth in the retail industry and a bright future ahead, a large number of aspirants are exploring the opportunity of taking up retail as a career option. We highlight various successful and viable retail formats in India.