There are thousands of Departmental stores in Lahore, Rawalpindi, Faisalabad, Multan, Gujranwala and this number is increasing day by day. Exercise diligence in scouting for the best possible resource for your products.
Over the decades, the departmental stores have evolved even further. Starting a grocery store business may pose as a challenge if you are not equipped with the proper information.
The following table shows gross fixed capital formation by the private sector for the last five years: Table Gross fixed capital formation by private sector in wholesale and retail sector at constant prices Rupees in Million Year Retail and wholesale sector Rs.
Grocery items are same for every one with same quality and packaging, so they can be easily ordered by sitting at home. If the grocery shop is not in a good location, it will never be successful. In year growth in gross fixed capital formation by private sector has shown an increase of Free gift schemes and valuable customer dinner can be additional success factors.
Opportunities and threats originate from outside the company. There should be regular and sustained marketing through fliers distribution and Cable TV.