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Retail management is evolved from management of owner managed "krana store" to the present Mall or hyper market concept. We can identify defenit stages of improvement in it s growth. At first owner itself managed his store and offed limited number of goods according to his convenience and availability. Then it moved to next stage of owner employing worker to do the retailing. The products here also arranged according to the convenience of owner. In the next stage the products are arranged according to the demand from customers. Here the owner employing staffs to analyze changes in consumers demand and preference. wide level of marketing information are collecting and wide variety of product with multiple brand are arranged under a single roof. Th next level, ie, present development is the specialty stores which offering wide variety of ready made product of one single brand. It may be in the form of offering different brands product at different stores organized under shopping malls or big retail centers.

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Q: Discuss about the History of retail management?
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