Retailing involves buying from wholesalers or direct from manufacturers, breaking bulk, displaying goods for sale either physically or online, and sometimes delivery. Wholesalers are independent organizations in the distribution channel that buy in bulk and sell to resellers rather than to consumers. Both retailers and wholesalers take ownership of the goods and so bear the risk of carrying inventory. They also reduce the total number of transactions required for the process of transferring goods from manufacturers to consumers.
The global retail and wholesale market has shown moderate growth in the past years with a CAGR of just over 4.5%. The year 2017 recorded highest ever market value in this industry as per TBRC’s inhouse consultants.
TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.
The report also shows the retail and wholesale market to grow at a much higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.
Innovations in automation technology are on the rise and retail stores are increasingly using in-store automation to streamline retail shopping. Automation in retail stores is aimed at automating store operations such as container movement, merchandise scanning, inventory checking, retrieving, packaging, and delivering products, and connecting with customers. Automation reduces waiting times, avoids stocking problems, enhances productivity, and increases overall customer experience.
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TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.
Companies included in the report are Wal-Mart Stores, McKesson, AmerisourceBergen corporation, Cardinal Health and Costco Wholesale Corporation.
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