Career Research Report

Career Research Report

Table of Contents
INTRODUCTION ...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Changes occurring in retail sector ..............................................................................................3
Future trend of retail sector ........................................................................................................5
Skills, Knowledge and Experience required ..............................................................................5
CONCLUSION................................................................................................................................7
REFERENCES.................................................................................................................................7

INTRODUCTION
Career is defined with the period of progression while working for an organisation or
sector (Chou, Chuang and Shao, 2016). Career is more like a job profession an individual posses
in order to achieve growth in professional and personal life. Aim of the report is to evaluate
about the impact of changing trends over industry. This report is based on the case study of retail
sector. Henceforth, this report will analyse about the changes occurring in retail sector. Future
trends of retail industry will also project in this report. Furthermore, in this report impact of
globalization and technology over retail sector will also project.
MAIN BODY
Changes occurring in retail sector
Retail industry is among the major growing sector across the globe. All countries
specifically the developing nations like India are going through major transformation in retail
sector. Emerging growth of retail sector can be denoted with the fact that many retail
organisations like Marks and Spencer, Sainsbury has become such a huge brand that also
contributing effectively in the growth of GDP and countries economic situation. Retail industry
is witnessing several changes in order to transform the entire sector. All changes that are
occurring can be specific in the following ways.
E- Commerce: Retail industry has utilised technology for upgrading its services. Almost
majority of retail sector organisations is utilising technology in order to sale company's products
and also to interact with target customers of company. Companies using E- Commerce like web
sites, social applications to sale companies products and services. E- Commerce has evolved the
entire sector by increasing sales. As per the recent data the retail sector has expanded from
almost 11.4% after the involvement of E-Commerce sites and websites in business operations
((Dholakia, Dholakia and Chattopadhyay, 2018)). The inclusion of such sites has enabled the
target customer's of retail sector to order from any locations across the globe. Customer's also get
access to get the free home delivery within few days of pacing the order.
Multiple channels to trade: Retail sector is witnessing many changes due to technological
development and advancement. Retail company possess multiple channels to sale its products
like social media, websites, applications and other associated channels. Emergence of
information technology has contributed in transforming the trading mediums for both