Retail Management involves overseeing the operations of a retail business, ensuring that products are available, and customers are satisfied. It encompasses various functions such as inventory management, sales strategies, and customer service to optimize the shopping experience.
Effective Retail Management requires understanding market trends and consumer behavior. By analyzing data and implementing best practices, retailers can enhance profitability and build lasting relationships with customers. This field is crucial for both brick-and-mortar stores and e-commerce platforms, adapting to the ever-changing retail landscape.