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High-priced Low-priced
merchandise merchandise
top range high value store
store
Trading up mid-
price merchandise
mid-range store
EVOLUTION OF RETAIL IN INDIA
Established Emerging
Traditional formats Formats
Kirana shops Exclusive retail outlets
Formats
Convenience/ Hypermarket
Haats Internal retail
department stores
Melas
PDS/ Malls / Specialty Malls
Multiplexes
Mandis etc. fair price shops
Pan/ Beedi shops Fast food outlets
Service galleries
INDIA'S LARGEST RETAIL CHAINS:
1. PDS: 463,000
3. KVIC: 7,000
4. CSD Stores:3,400
Social
Legal Economical
Political Technological
Social
how consumers, households and communities behave and
their beliefs. For instance, changes in attitude towards health,
or a greater number of pensioners in a population.
Legal
the way in which legislation in society affects the business.
E.g. changes in employment laws on working hours.
Economic
how the economy affects a business in terms of taxation,
government spending, general demand, interest rates,
exchange rates and European and global economic factors.
Political
how changes in government policy might affect the business
e.g. a decision to subsidies' building new houses in an area
could be good for a local brickworks.
Technological
how the rapid pace of change in production process and
product innovation affect an organization.