Corporate Retail Strategies and Management Group 2 CASE SUMMARY Name of the organization: Megamart Location : Kalamaserry Date of visit : 20/10/2013 Source of information from organization : Store Manager Snap shot of the case Megamart. Megamart‚ from the house of Arvind‚ is a pioneer of the value- retailing concept in India‚ arrived on the scene way back in 1994‚ and changed the rules of the retailing business in India. Today Megamart is the largest player in this segment
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| ADVANTAGES OF DEPARTMENTAL STORES | | 1. The departmental store provides all facilities under one roof to enable the customer to by all his requirements. 2. The central location attracts a good number of customers which increases the sales turnover. 3. Large variety of goods is stored. This has a special appeal to the customers. 4. The financial strength of departmental store enables it to have experts in all sections. 5. Centralized buying helps them to get merchandise at lower cost together
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course of this thesis. The blessing‚ help and guidance given by him time to time shall carry me a long way in the journey of life on which I am about to embark. Aims and Objectives To understand what is Fdi in retail. To know about the importance of Fdi in our country. To know about the recent developments in this market. Introduction The rapid growth of world population since 1950 has occurred mostly in developing
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PROJECT INTRODUCTION Background Penny Store is a franchise of convenience stores which will be opening their new store in Kitchener‚ Ontario. Penny Store will be the first 24-hour convenience store that is more like an big dispensing machine than the traditional store. The store is to be built in space of 3200 sq. feet. The store expects to capture market share by becoming the low-cost leader in the convenience store industry by reducing labour expanses. Because of fully automated
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Introduction RETAIL MANAGEMENT The word ’retail’ is derived from the French word ’retailer’ meaning ’to cut a piece off’ or ‘to break bulk’. In simple terms it involves activities whereby product or services are sold to final consumers in small quantities. Although retailing in its various formats has been around our country for many decades‚ it has been confined for a long time to family owned corner shops. Retail marketing is an essential component of an overall marketing
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Module 7 Research Paper Table of Contents History of Retail Industry ............................................................................................................3 Corporate Stakeholders ...............................................................................................................5 Role of Retail Industry in its social‚ economic‚ and political setting……….............................5 Domestic and International Ethics.............................
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Retail is the sale of goods‚ usually in small consumable quantities from a fixed location such a departmental store‚ a kiosk‚ or even a boutique. The retail business has grown in bits and bounds to even involve other services such as free delivery. It involves individual purchase or businesses. Over the years‚ the retail business has been a subject of middlemen. In most cases‚ they buy goods or products in large quantities from manufacturers or importers‚ but through wholesalers then selling the
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Retail Business Analysis BUS620 07/16/12 Retail Business Analysis Payless Shoesource‚ Inc is one of the largest foot wear retailers in the United States. I got all my shoes‚ before I was fifteen and bought my own shoes‚ from Payless Shoesource‚ Inc. This is one reason I thought of Payless to do this retail business analysis on. Payless has a large selection of shoes including children‚ women‚ and men shoes at reasonable prices. Payless Shoesource has a definite generic‚ and segmentation
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processes underlie all of our jobs. What might be surprising is how many students would put their job in the category of “other‚” suggesting that many jobs do not fall neatly into any one functional area. Perhaps many in the “other” category might best be called “operations” on further reflection. Customers‚ both internal and external‚ are part of each process‚ and the goal is to manage the processes to add the most value for them. 2. Amazon.com offers a very broad range of services and products
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TYPES OF RETAIL FORMATS 1. CHAIN STORES: • Chain stores are retail outlets that share a brand and central management‚ and usually have standardized business methods and practices. • These characteristics also apply to chain restaurants and some service-oriented chain businesses. • In retail‚ dining and many service categories‚ chain businesses have come to dominate the market in many parts of the world. Chain stores are a form of franchising. • The world’s
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