India Retail News

As the global economy crawls out of a recession, access to credit is limited, capital is not readily available, and companies are trying to curb costs. Retail and consumer goods companies are no exception. Amid the challenges they face in today's business environment, they are trying to maintain and grow profit margins. To do this, many of them are expanding into the global market seeking lower-priced products and services. As their reach spreads farther around the globe, the supply chain becomes more complex but also offers opportunities for cost savings, better provider relationships, and enhanced operational performance. As a result, the retail and consumer goods industry now finds itself heavily influenced by global sourcing and concentration of power.