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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to tap into the opportunities presented by the emerging markets. The retail industry in the Eurozone is in the mature stages. Arcadia Group already has an exhaustive presence in the UK; its brands are present on virtually every high street and shopping centre in over 2000 stores nationwide. Most of its brands are market leaders in their categories (Arcadia Group.2010). However with the UK markets now saturated‚ the question of ‘what next?’ seems to be lurking. The owner of Arcadia Group Sir Philip
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days) depends on season 2. How much do you spend on shopping of Apparels (Per month)? 500-1000 INR 1000-2000 INR 2000-3000 INR 4000 INR and above 3. According to you which is a best time to purchase apparel? Weekends Month ends Festive day’s Special discounts Others 4. Which is a best place to buy branded apparel? Shopping Malls Exclusive stores Local retailers anywhere
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levels: Specialist stores catering to some particular category of product such as footwear‚ pharma & beauty‚ food and grocery etc. - classified under level I. Departmental stores that cater to a few categories of retail put under level II‚ and malls where we find an agglomeration of many departmental stores‚ hypermarkets etc - classified under level III retail. The figure 1
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the customer. Marketing is responsible for driving the rest of the Big Bazaar to be customers oriented and market drives customers care without them‚ the Big Bazaar ceases to exist. Plans must be laid to acquire and keep customer and because of many malls affect customer perception. Many of which lie outside the scope of marketing department such as delivery‚ reliability‚ sales process after sales service. Big Bazaar must work hard to ensure that it delivers as per customer
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economic development .The changed consumer behaviour and in creased standard of living in the growing middle classbrough t arevolution in Indian retail scenario. Modern retail has entered India as seen in sprawling shopping centres‚ multi-storeyed malls and huge complexes offer shopping‚ entertainment and food all under one roof. The other reason is a significant change in th demographics. A large young working population with median age of 24 years‚ nuclear families in urban areas‚ along with increasing
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to make people laugh‚ and will always relieve up your day. I love to hang out with my friend and party over the weekends. We go to the shopping mall and shop‚ and we always believed that when we got older we would move to California and become celebrities. What can I say‚ we reverie big. I expressed my friend if I were to become a celebrity; I would shut the mall down and buy all the nice clothes and expensive perfume. My friend and I enjoy wearing make-up and we like to show out a lot. I enjoy riding
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with around 21 per cent penetration. Apparel Retailing : In India‚ clothing retail accounts for 36% of organized retail business. With the advent of modern format retailers and the growth of plastic cards‚ affluent urban Indian women are shopping like never before. Although the apparel industry seems to be in the maturity stage and growth is slow‚ fashion trend cycles are accelerating Indian apparel retail industry The Indian apparel retail industry representing a compound annual
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Retail Business In India The Changes and Challenges Ahead I. Backgrounder The retail industry has witnessed phenomenal expansion and the nature and structure of the industry has undergone a dramatic transformation. The concept of organized retailing and international franchising has gathered significant importance and prominence in the developing countries and the tiger economies of Asia. The advent of sophisticated and superior Information Technology tools and reduction in Communication
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Beauty industry with 120 Salons operational under his leadership along with Mr Zafar Khan – a renowned Franchise consultant and specialist have entered into partnership to start Jawed Habib’s HairXpreso. A 10 X10 X 8 ft booth will be opened in shopping malls‚ airports and railways stations with high foot-falls across India. Jawed Habib’s HairXpreso has selected the ‘Franchise’ route for its expansion as it is the most convenient and time tested way of doing business. Franchising offers a win-win situation
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