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Modern Trade.

All the luxury, gigantic, chains, and franchises of stores,


offering a vast range of different kinds of products along with
a massive onboard stock presence along with on-spot
inventory access. The modern trading system, with its advent
and exposure, had completely changed the overall concept
and picture of tradeoff.

Modern trade refers to the ease, swiftness, and convenience


that is introduced in the trading. The 24/7 availability of
goods from anywhere in the world is one of the biggest and
breakthrough of all the times in terms of business and
trading. The modern trading has taken the things to a whole
new level of incredibility. It all started with the establishment
of large grocery stores that possess a vast range of products
under one roof; then it led the foundations of supermarkets,
the concept of choosing and selecting, the idea of paying
with various credit option including cash on delivery. This
concept of home delivery of the product and numerous other
things that slowly and steadily led to strong foundations of
modern trade.

This modern innovation helped in opening many doors of the


modern trading system and establish massive business
ventures. Modern trade possesses a structured lead-time
along with the consistent demand for products. This system
mostly emphasizes on timely delivery and availability of
products to the customers.

Although the cash rotation is not that quick as compare to


traditional trade but carry long term profits and benefits.
Unlike the maximum retail price in the traditional trade, the
modern trading system enables a variety of discounts and
promotional offers by tighten margin and with the help of
sponsors.
Examples
 A giant grocery store chain run by hundreds of hired
employees, offering a vast range of different products.

 A chain of pharmacy ran under a proper administration


with branches in different cities and states and offering
home delivery service as well.

 Online e-commerce store with a large inventory and


stock, provides numerous products and goods as cash on
delivery to anywhere in the world.

Modern trade

Apollo Pharmacy

Apollo Pharmacy is a part of Apollo Hospitals – Asia's largest healthcare group. It is


India's first and largest branded pharmacy network. ... Apollo Pharmacy is well
stocked with medicines OTC and FMCG products, manned by competent staff with
computerized system.

More. is a retail store brand which was earlier known as Aditya Birla Retail Limited, when it was part
of Aditya Birla Group.[1] More is the fourth largest supermarket chain in the country after Future
Group, Reliance Retail and D-Mart. More provides online grocery retail services in Bangalore, NCR,
and Pune through its e-Commerce website MyMoreStore.

Twenty four seven

India's first 24-hour retail store chain. Twenty Four Seven currently has 40 outlets in the National
Capital Region and has plans to open 5,000 stores by 2019.[16] It has a franchisee agreement with
the Indian Oil Corporation to open smaller stores at its petrol filling stations.

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