1Running head: THE RETAIL INDUSTRYThe Retail IndustryStudents NameInstitutionDate2THE RETAIL INDUSTRYResources in the retail industryThe retail industry can be described as where consumer goods and services are madeavailable to consumers through multiple channels of distribution, in order to generate profits.The retailers are essential since they satisfy the demand through the supply chain. The retailindustry is constantly growing, and there are different resources that have contributed to itssuccess. There are resources that are essential in this industry, and they include financialresources, human resources, and technological resources. In this essay, I will discuss why I thinkthese resources are important in the retail industry.The financial resource is described as the money available to a business to spend, whichcan be in form of cash, credit or securities. In the retail industry, financial resources areimportant since they help in ensuring products and other resources are available and alsoensuring that the retail business is up and running. These resources are also necessary forensuring the day to day activities in the retail industry flow smoothly ...
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