Iraq's retail trade and the need for regulation

Her appearance encouraged the desire of families to buy
Baghdad / Mustafa Al Hashemi
The recovery of retail trade in Iraq coincides with the large number of shops that resulted from the rise in the incomes of families with the high level of non-directed consumption, which requires the economic file to develop a strategy to determine prices, especially after the emergence of random trade between the retail trade and wholesale trade.
Retail is the last-to-last link in the delivery of the product from the product to the consumer. It is one of the most important commodity marketing workshops. It is the place where the consumer will receive it, and it requires great attention to the presentation and arranging the place to attract customers to buy or buy the item They want it.
The economic researcher Lubna al-Shammari noted a significant increase in the volume of retail trade inside the country through the multiplicity of shops and markets within the alleys, especially in the popular areas.
Al-Shammari said in an interview with Al-Sabah that the Iraqi market is witnessing an active and active retail trade, adding that this is noticed by increasing the number of retailers within the scattered residential areas in all governorates, pointing out that many of them exit the facades of their shops from their places of residence. On the need to regulate this phenomenon in favor of the family economy and the country in general.
The growth of retail trade coincided with the emergence of a new type of trade (between retail and wholesale) through shops selling food and household goods at wholesale prices, confirming that this price
Not the wholesale price but it is less than the retail price that is set in the stock exchanges and shorages.
Al-Shammari pointed out that this type of traders are practicing this trade in order to benefit from the pent-up purchasing desire within the family, while at the same time exploiting the high rates of household consumption, especially on holidays and holidays.
According to a number of specialists in the economic affairs, "Iraq applies the retail trade in ways that are not studied and random, for several reasons, including the entry of a lot of goods and miscellaneous goods of different originators, the main target is the consumer," stressing at the same time the need to be subjected to local pricing unified by Ministry of Commerce and concerned parties. The economic expert Salam Smism had previously returned retail as a double-edged sword can be seen through the owners of those shops dedicated debt to a large number of people in the region, indicating that it may be a "shop" small but has a force of 100 million dinars for the sake of Example of a potential economic strength in these shops, warning of the exacerbation of problems between creditor and debtor. During her talk with Al-Sabah, Samisem proposed regulating the retail trade by referring them to the cooperative societies of the employees, which will be employed through the arrangement of entry and regulation of consumption, as well as that the spending stream will go to one side so as to prevent leakage to several destinations and could serve the march Economy.

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