Explore the fundamentals of retail management in this comprehensive 57-minute video lecture. Learn about the definition and importance of retail management, various types of retailers, and the benefits of effective retail management strategies. Discover the scope of retail management and potential job roles in the field, including the responsibilities of a retail manager. Gain insights into the essential skills and knowledge required for success in the retail industry, from ensuring customer satisfaction to managing inventory and overseeing store operations. By the end of this lecture, acquire a solid understanding of retail management principles and their practical applications in today's competitive marketplace.