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Article Information:
An Investigation of Business Activities in Iran Retailing Industry
Manouchehr Jofreh
Corresponding Author: Manouchehr Jofreh
Submitted: September 30, 2012
Accepted: December 03, 2012
Published: June 25, 2013 |
Abstract:
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The aim of this study is deals with existing retail scenario in the country, government stand on this issue, problems faced by the small store owners and employment opportunities as well. Retailing industry has changed its face with the pace of change in the technology. The revolution in retail landscape is the major outcome of the fast growing Iranian economy. Iran presents a grand opportunity to the world. With the changing phase of retail the Iran consumer is in for a rapid transformation. We found that the retail scene in Iran is presently undergoing a sea change with emergence of scores of modern retailing malls, stores and multiplexes all over the country, which was earlier dominated by millions of small stores. This change is clear and visible not only in the large metropolitan cities, but is fast invading many class one and class two cities as well but Foreign Direct Investment, Infrastructure bottlenecks, availability of Retail space, Logistic, Manpower, Changing consumer dynamics are some issues that need to be dealt with seriously before Iran realizes its full potential in retail.
Key words: Growth, opportunities, retail potential, sells, Small Store , ,
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Cite this Reference:
Manouchehr Jofreh, . An Investigation of Business Activities in Iran Retailing Industry. Research Journal of Applied Sciences, Engineering and Technology, (05): 858-861.
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ISSN (Online): 2040-7467
ISSN (Print): 2040-7459 |
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