Retail Schools for Traditional Trade

Its not that only modern retail is organized the traditional trade is also trying hard to be systematic and organized. The traditional trade which in recent times has faced competition from retail giants is setting up ‘Retail Schools' in the country to educate small time traders about ways to boost their business. The proposed school would teach about visual merchandise, servicing customer, marketing and monitoring retail operations.

The traders body has joined hands with Indian Retail School as knowledge partners. The schools will be established by the umbrella body of small time traders, and Confederation of All India Traders (CAIT). The proposed schools will seek to change the traditional outlook of the traders and educate them to adopt a contemporary approach in business to retain customers and increase profitability.

According to report the association is planning to set up as many as 500 such schools in the next one year. The first school is expected to come up in Delhi by the end of this month and the second one in Nagpur later.