About the Industry
As India becomes the world’s fifth largest destination in the retail space and with the retail market size slated to reach US$ 1.1 Trillion by 2020, the need to hire experienced and pragmatic retail industry leaders has increased manifold.
Rapid Growth in Retail
Rising incomes and lifestyle changes in India’s middle class along with increased digital connectivity has spurred the growth of online retail at a rate of 31%year-on-year and is slated to touch US$ 50 Billion by 2020. Already the world’s fastest e-commerce market and driven by robust investments and acquisitions, all stakeholders in retail and e-commerce organisations have high expectations about rapid and sustained growth. As Retail Industry headhunters, we have been privy to the dizzying growth of retail formats and have contributed to the industry’s growth with the talent that we have searched and placed in the leading retail companies.
Foreign Investments
With the growing need for consumer goods in various sectors that include consumer electronics, clothing brands and home appliances, many foreign companies have invested in this space over the last decade. We understand the requirements of foreign retail brands having worked with illustrious retail Multinationals.
Formats
Whether it’s branded stores, specialty stores, hypermarts or Shopping Malls, we have the ability to find specific talent with requisite experience in handling varied formats in the Retail business. Our sharp retail industry practice professionals have years of experience in the Retail business and we have the ability to deliver.
Challenges
The challenges that exist in the Retail Industry in India are unique to India and requires the capability of experienced minds to solve some of the problems. The Indian psyche is different from the west and even the shopping patterns of Indian consumers differ according to their socio-economic profiles and backgrounds.
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