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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In this paper the most common services characteristics‚ namely perishability‚ intangibility‚ inseparability and heterogeneity will be applied to a well - known retail services brand. In this case the focus shall be on how the aforementioned characteristics apply to Starbucks. In order to better understand the problem the history of the company alongside current corporate objectives will be briefly described. In the following paragraphs the notice will be mainly on the retailer’s ability to cope with
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ADVANTAGE: FDI IN RETAIL (Anshu Meghe) Recently the most debated topic in India has been government allowing FDI in the Indian economy. It is one of the most critical reforms taking place in Indian economy post the great reform period of 1991. From vendors to politician everyone is talking about FDI‚ and many are just prattling without acquiring the full knowledge of the reforms. Not only the opposition but even some of the allies of the ruling party are raising hue and cry over the new policy
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Thematic Review Global Theme: Belief Systems Since the establishment of civilization as a result of the Neolithic Revolution‚ Belief Systems have been a means for established‚ orderly ways for groups or individuals to deal with issues of life‚ death‚ and the relationship of mankind to his fellow man. A Theme essay will ask you to be able to focus on the major beliefs of these systems‚ their key individuals and any basic codes of behavior connected with them. Hinduism. More than 3000 years
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BSM 302 PRINCIPLE OF MARKETING ASSIGNMENT 4 CLASSIFICATION OF RETAIL OPERATIONS ____________________________________________________________ ____ CLASSIFICATION OF RETAIL OPERATIONS OWNERSHIP Retailers can be broadly classified by form of ownership; independent‚ part of chain‚ or franchise outlet. Retailers owned by a single person or partnership and not operated as part of a larger retail institution are independent retailers. Around the world‚ most retailers are independent‚
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Standards of a Retail Store Working in a retail store takes a lot of organization and great customer-employee relation. For that reason‚ we have rules and policies. To have a good customer service a retail store needs a floor plan. At American Eagle we have three different areas‚ the sales floor‚ the fitting room area‚ and the register area. The first area is the sales floor. The sales floor is the most important area. Because it is the time we create the relation between the customer and de employee
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Retail math is often used in various ways by store owners‚ managers‚ retail buyers and other retailing employees. It is used to evaluate inventory purchasing plans‚ analyze sales figures‚ add on markup and apply markdown pricing to plan stocks. Although there are computer programs and other tools available‚ performing these retail math calculations often requires familiarity with formulas. Use the following equations and retail math formulas to track merchandise‚ measure sales performance and
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RETAIL MARKETING PROJECT INTERIM REPORT LITERATURE REVIEW AN EMPIRICAL STUDY OF THE GROWTH PROSPECTS AND PROFITABILITY OF FDI IN RETAIL SEGMENTS OF INDIA Submitted to: Prof. Sapna Parashar Date: 23-07-2008 Submitted by: Arnab Sinha 071108 INDEX INDEX 2 CONCEPTUAL ANALYSIS 3 Summary of Retail Market in India and FDI in Indian Retail 3
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Food Retail-Price Comparison In Thailand David J. Schaffner‚ Blaire Bokal‚ Scott Fink‚ Kimberly Rawls‚ and Jeremy Schweiger Rapid growth of the Thai economy in the 1990s led to dramatic changes in food retailing. The traditional food-distribution system—hundreds of thousands of fresh markets that sell fruits‚ vegetables‚ meat‚ and fish‚ along with small mom-and-pop food stores that distribute dry goods—is giving way to modern supermarkets‚ hypermarkets‚ and convenience stores‚ all being developed
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Independents An independent agent is usually family owned‚ they have been in the business for a long time and have years of experience and built up a lot of knowledge. They usually only have 1/2 branches and have a loyal customer base in their local area. Also they are independently owned. They are usually found in the back streets rather than on the high street or in shopping centres. An example of an independent agent is fails worth travel. The role of an independent travel agent is to sell holidays;
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