In particular, online retail sales of physical goods amounted to approximately RMB5.08 trillion, while online retail sales of services amounted to nearly RMB1.49 trillion.

Only by combining online and offline operations will new retail come into being.

China s Online Financial Sector Comes of Age

The retail sector is characterized by economies of scale and scope as well as vertical integration and the existence of large retail chains.

Wake up, students. It s time to highlight the key points. Online retail sales of services was definitely a major contributor!

The fresh food supermarket war has escalated, and have become a phenomenal topic in the new retail sector. Just what is new in new retail?

The retail sector includes two main types of retailers store and non store retailers.

Knowledgeable participants expect the new retail model to be an integrated form of online and physical retail, each modified by the presence of the other. Think again of the 3D printing model, a potential form of demand driven mass customization, and its combination with online mobile payments systems and social media.

Decreasing regulation and productivity gains appear to be directly linked in the modern retail sector.

China s online retail sales have been sky rocketing since 2006. This may be attributed to the fact that online shopping was still a very novel idea at the time. Shopping without leaving home cool!

The situation changed this year, however. Online retail sales accelerated again. For the first nine months of this year, growth rate rebounded to 34.2 ,

Given these developments, India may simply skip the hypermarket stage and go online, just as it skipped fixed line telephony and went mobile. Of course, hypermarkets will do well in a few locations, but they are unlikely ever to dominate India s retail sector.

Online retail and supporting logistics is expanding in a wide range of advanced and developing economies. In China, where the expansion is occurring extremely quickly, estimates suggest that only part of the expansion is at the expense of traditional retail.

As online retail habits formed, and customer experience continued to rise, e commerce firms further extended their scope to other product categories, and began to increase efficiency.

Online sales are less common in retail trade (B2C) or in services' industries, with sales accounting for only 1.7 and 1 per cent of total sales, respectively.

Pakistan, where distribution (both wholesale and retail) is the single largest complement of the services sector, is an interesting example.

Retail area

Both online e commerce platforms and offline retail stores have their respective strengths and weaknesses, and consumers are present at various channels. Therefore, both parties are attempting the multi channel model.

SINGAPORE After years of debate, India s government recently announced that will open the country s retail sector to foreign investment. The move was met with howls of protest from those who argue that the entry of large hypermarket chains like Carrefour and Walmart will devastate the small shops that currently dominate India s retail sector.

The process of opening the retail sector in China began in 1992 when foreign investment was allowed in retailing on a trial basis.

Since 2013 however, the online retail sales growth rate has decelerated from more than 50 to less than 40 for the first time in 2015 in 2016, the growth rate was 26.2 .

Part of this is pure automation. Another important part is disintermediation the elimination of intermediaries in banking, online retail, and a host of government services, to name just a few affected areas.

Magical new retail

Retail fuel dealers

Retail trade 353

Wholesale and retail petrol

Wholesale and retail trade

Wholesale and retail trade

27. Retail and wholesale

16 Eurostat, Retail trade biggest source of employment, 65 now employed in EU service sector, Women Key Players , Press release No. 7198 (18 September 1998).

Tertiary sector Wholesale and retail trade, restaurants and hotels transport, storage and communications finance, insurance, real estate and business services community, social and personal services.

With 15 million retail outlets, India has the highest retail outlet density in the world.

If investors understand that online distribution is revolutionizing the retail sector, isolating the sector s CEOs from financial markets would just push more resources into a deteriorating, shrinking business model. In this sense (and only this sense), short term thinking that induces change and movement away from obsolete technology here and throughout the economy may well facilitate long term prosperity.

Yeah, retail therapy might help.

Retail trade and repair services

Online

Online

Online

However, compared to that in cities, rural use of online news, search engines, online shopping, online banking, online stocks and so on is much lower.

In addition, the secretariat completed the training course on review of the LULUCF sector and offered it online for experts in early 2005.

So what is new retail exactly?

Service personnel and retail trade assistants

Actually, that's a documentary that's available online the video's online.

Since the Indian retail sector is still in its infancy, the opening to FDI needs to be gradual in order to give the domestic industry enough time to adjust.

They choose the gradual opening up of the retail sector as the first step, allowing large scale providers to cater to customers at the higher end of the market.