Marketing p Essay Example

Nikkei Introduction Retail can be defined as the sale of physical goods, merchandise and any services to t he consumers for their personal, family or household for direct consumption. In most of the retail Industry, e very sales transaction Involves the final consumers. Retail industry is categorized as the service factors which made a positive impact on the economic growth of Malaysia. In Malaysia, the retail sector is strictly regulated by Min story of Domestic Trade and

Consumer Affairs (MATCH) through the committee of retail trade. The growth of retail industry is always having a direct positive relationship with the e economic growth. The phenomenon can be easily explained as when economic slowdown, the retail Industry y is expected to face challenges as the consumers begin to reduce and Limit down their expenditures which will event Lully reduce