How many retailers are in India?

The number of retail grocery retailers across India in 2021 amounted to about 12.8 million.

Who are Indian retailers?

How many modern retail stores are there in India?

The number of modern retail grocery retailers across India amounted to over eight thousand in 2021. Even though this format has grown consistently since 2013, it was a small portion compared to the number of traditional grocery retailers which was over 12.8 million in number the same year.

How many retail stores exist?

According to the Bureau of Labor Statistics, as of Q3 2020, there were 1,045,422 retail establishments in the United States, up 4,801 versus Q2 2020, representing the highest Q3 establishment count in the last decade.

Which type of retailer is popular in India?

Hypermarkets in India are a combination of supermarket and department store. These are large retailers that provide all kinds of groceries and general goods. Big Bazaar and Reliance Fresh are hypermarkets that attract enormous crowds. These are the largest retail format in India.

Evolution of Retail Market in India |Evolution of retail sector|Organized and Unorganized sector|

How many supermarkets are in India?

There are more than 435,000+ supermarkets in India and over 30,000+ supermarkets in the United States.

How big is India's retail market?

The Indian retail market is estimated to be US$ 600 billion and one of the top five retail markets in the world by economic value. India is one of the fastest growing retail markets in the world, with 1.2 billion people.

How many shopkeepers are there in India?

Representing about 70 million small merchants who collectively control almost 90% of India's retail trade, India's shopkeepers union has shown itself to be a strong political force. The traders are an important part of the voter base of Prime Minister Narendra Modi's Bharatiya Janata Party.

Is Amazon a retailer?

Amazon sells its products via its web application and mobile apps to its customers according to their needs. Customers can be either retailers or wholesalers. Amazon's purpose is to earn profit. So, Amazon is an online retailer, it's not a wholesaler.

What percentage of Indian economy is retailing?

Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. It accounts for over 10% of the country's gross domestic product (GDP) and around eight% of the employment. India is the world's fifth-largest global destination in the retail space.

Who is the biggest retailer in the world?

To qualify for the rankings, retailers need to have a direct investment in at least three countries. Keeping within these guidelines, Walmart continues to be the world's largest retailer, both domestically and internationally, with a significant commitment to a new online marketplace and fulfillment model.

How many wholesalers are there in India?

The report says that there are nearly 0.33 million wholesalers in India, 50 per cent of which are semi-retailers.

What is the future of retailing in India?

The retail market is growing at quite a fast pace in India. With a population of over 1 billion people, India is a highly attractive market for domestic and global retail players. The total retail market in India is estimated to be around $780 billion, which accounts for 10% of the country's GDP.

Is there any scope of retailing in India?

Retailing has a very wide scope. It is one of the fastest growing industries in India and is providing employment opportunities to many people.

What is a retail brand?

Unlike product branding, retail branding is a strategy based on a brand concept but transferred into the retail sector. When branding applies to the retail space, the point isn't to sell specific brands but to market the overall retailer itself.

What is the most popular retailer?

The latest data from the National Retail Federation shows that Walmart continues to lead as the top US retailer. In 2020, the company brought in retail sales of $430.82 billion in the US—an 8.7 percent year-over-year increase.

Who is the most profitable retailer?

Retail industry

In terms of retail, the leading company in the world was Walmart, which generated retail sales of up to 530 billion U.S. dollars in 2018.

What is the world's largest online retailer?

Amazon is the world's largest online retailer and is rapidly growing its footprint in other areas such as physical retail stores, subscription services, and web services. Amazon's retail store rivals include Target, Walmart, Best Buy, and Costco.