Emerging Trends in Modern Retail Formats & Customer Shopping Behavior in Indian Scenario: A Meta Analysis & Review “If at first the Idea is not absurd‚ then there is no hope for it.” -Albert Einstein Aditya P. Tripathi* Abstract The Indian retail sector is going through a transformation and this emerging market is witnessing a significant change in its growth and investment pattern. Both existing and new players are experimenting with new retail formats. Currently two popular formats hypermarkets
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less cost‚ time and complexity in the Grocery Retail Market. Even through in different country‚ in different shopping behaviour and environment. Retailers across the world have recognized to be taken to re-evaluate their strategic direction by supply chain management application in grocery retail industry‚ to enhance the industry competitive and gain the absolute advantage as a whole. In the following paragraphs‚ discussion will be on the grocery retail market between Western European and Hong Kong
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Retail Tracking Systems Retail Pro or MicroStrategy? Retail Pro is Business Intelligence software that enables retail store owners to customize a “Point-of-Sale” (POS) method of retailing. The key feature of this software is the ability to create multiple revenues of sales inside one store. The software allows employees to select from an array of add-on modules to run a retail establishment using strategic planning and undergoing the various tasks involved operating a retail establishment.
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TOPIC: Impact of Indian Organized Retail Chains On Unorganized Retail Sector India is in the midst of a retail boom. The sector witnessed significant transformation in the past decade and that is unorganized family-owned retail formats to organized retailing. Many international brands have entered the market. With the growth in organized retailing‚ unorganized retailers are fast changing their business models. However‚ retailing is one of the few sectors where foreign direct investment (FDI) is
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o How has technology changed the role of retail managers? o How has the technology improved retail management‚ not just how technology has improved? Provide specific examples. o What‚ if any‚ are the downsides to the technology that may present challenges to the retail manager? Effectiveness of Technology Consumers have many choices when deciding where to purchase their goods. While retailer managers are deciding how to win the consumer’s business and increase revenue‚ they are also constantly
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Fall of SUBHIKSHA Retail Subhiksha with a pioneering approach and giving new definitions to the retailing ventured into the Indian retail industry. Since‚ their predecessors are already existed and doing well in the market‚ they had to come up with an innovative approach to compete with them. They have made an extensive research on customer behavior and found that offering the branded goods at a lower price than their competitors could make them stand in the competitive retail industry. In
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Zara’s information Technology strategies and the diatribe between Salgado‚ The Head of the Department and Sanchez ‚ his assistant‚s concern upgrading the operating system and the implementation of a new IT system to fulfill the needs of a fast growing retail chain. Despite the fact that Zara is over performing in their core business and that they are not showing big problems inside their structure‚ this shouldn’t be seen as a pretense to dodge updating the Software. Here we see Sanchez’s sight who confide
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Signature of the Candidate EXECUTIVE SUMMARY Soft Drinks were common preference among all the individuals‚ irrespective of their age groups as it had great brand value and great advertisement. Market Research is based on some underlying parameters like: • Changing consumption pattern • Advertisements • Taste • Status consciousness • Varying lifestyle The study starts with determining the major players in the soft drinks‚ their
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Revolutionizing the Retail Sector The Digipos (http://bit.ly/MOWvG1) Website states‚ “We design‚ develop and manufacture our own range of systems that are engineered to meet the challenging and constantly changing demands of a retail environment. Using the latest technologies‚ we deliver positive‚ cost-effective solutions in compact‚ high performance‚ reliable‚ and energy saving technologies. Our systems are used by leading retailers around the world.” In 2004‚ DigiPos launched the DigiPos Retail Blade system
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Merchandising: When retailers offer merchandise not typically associated with their type of store * Retail Strategy: how the retailer plans to focus its resources to accomplish its objectives 1. Target market‚ or markets‚ toward which the retailer will direct its efforts 2. The nature of the merchandise and services the retailer will offer to satisfy the needs of the target market 3. How will the retailer will build a long-term advantage over its
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