Types of Retailing Sector and Its Strategy In

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    Akhil Narayan

    Pooja.R

    Shashank

    Types of Retailing sector and its

    strategy in Real Time

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    INTRODUCTION :

    The retail sector in India is witnessing a huge

    revamping exercise as traditional markets make way for

    new formats such as departmental stores,

    hypermarkets, supermarkets and specialty stores.

    Western-style malls have begun appearing in metros

    and second-rung cities alike introducing the Indianconsumer to a shopping experience like never before.

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    The Indian retail industry is the fifth largest in the

    world. Comprising of organized and unorganizedsectors.

    It is one of the fastest growing industries in India,especially over the last few years

    Though initially, the retail industry in India was

    mostly unorganized, however with the change oftastes and preferences of the consumers, the industry

    is getting more popular these days and getting

    organized as well

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    ORGANISED :

    PANTALOONS

    INDIA LTD

    SPECIALITY

    STORES :

    UNORGANISED :

    KIRANA STORES :

    SENTHIL STORES

    TYPES :

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    ORGANISED : Pantaloons

    The Organised retail sector which we

    visited was pantaloons Mantri Square

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    Pantaloon Retail (India) Limited, is Indias leading

    retailer that operates multiple retail formats in boththe value and lifestyle segment of the Indian

    consumer market.

    Headquartered in Mumbai (Bombay), the companyoperates over 12 million square feet of retail space,

    has over 1000 stores across 71 cities in India and

    employs over 30,000 people

    The store size of pantaloons is around 15000 sq

    ft.

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    Brands at Pantaloons

    Pantaloons brands

    y Agile

    y UMM

    y Bare Denim

    y Bare 7to14

    y Chalk

    y Rig

    y Mix n match

    y All

    y Honey

    Non-Pantaloons Brands

    y Biba

    y

    109 Fy Remanika

    y Spykar

    y Lilliput

    y Lee Cooper

    y Indus league

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    STORE EXTERIORS

    y Types of exterior presentations

    Exterior signs

    Marquees

    Banners Walk ways and entries.

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    Store interiors which is emphasized on

    are :

    Element of store interiors

    y A

    tmospherey Lights

    y Music

    y Color

    y Fragrance

    y Furniture and fixtures

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    Supply chain management at

    Pantaloonsy Pantaloon Retail is the first company in the organized retail

    sector in India to win an accredited ISO Certificate

    exclusively for its Supply Chain & Logistics function.

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    Customer Retention

    y To survive in the tough competition all retail outlets use

    different strategies to attract customers and to retain them

    Events

    Fests

    Loyalty programs

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    Events

    y Toys for Joys

    y Mothers Day

    y Awesome Threesome

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    Toys for Joys

    y Donate old or new toys at Pantaloons.

    y Get discount coupon worth Rs.50.

    Toys for joys-Marketing plan

    y In store announcements.y Put out banners at places.

    y Organized a drawing competition.

    y Media publicity through Big FM

    y Ice breaking sessions with kids through games.

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    Mother's Day Celebration

    The IDEA!!

    y To make their day special by surprising them at Pantaloons.

    y Kids were asked to bring their mums at Pantaloons. Theywere welcome by a rose, their favorite song, message from

    their kids, games, cake cuttingFUN!!

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    Fests

    y Pantaloons celebrate various types of fests in order to boost

    sales and retain customers. The two fests that took place in

    May and June are:

    Denim Reunion

    Formal Fest

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    Loyalty Program

    Benefits 7 star 5 star 3 star 1 star

    Discounts on all

    subsequent Purchases10% 7.5% 5%

    Gift Voucher worth Rs.

    200/- on new

    enrolment

    Upgrade Enrolment Upgrade Kit Upgrade Kit Upgrade Kit Welcome Kit

    Add-on Card to Family

    Members2 2 1 1

    End of Season Sale

    PreviewYes Yes Yes Yes

    Green Channel Yes Yes Yes Yes

    Green Drop Yes - around the yearYes - around the yearexcept End of Season

    Sale

    No No

    Green Exchange 90 days 60 days 60 days 60 days

    Green Service Desk Yes Yes Yes Yes

    Green offers &

    Promotions Yes Yes Yes Yes

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    irana Retail stores

    The Kirana Stores which we visited was

    Senthil stores in chennai

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    The Kirana store we visited was 200 Square ft

    It had a range of product categories associated with the daily

    requirements of masses.

    These categories include branded or unbranded offeringslike coffee, tea, biscuits, toffees, shampoos, soaps, hair-oils,

    grocery and edible oil (to name few categories) in addition to small

    quantities of rice and wheat.

    They also carried few vegetables and fruits.

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