Sunteți pe pagina 1din 14

Food Retailing Store Formats

By
Anto Nancy Asha Kalyani. B II MBA - KCTBS

Retail Mangement
Australian entrepreneur, Gerry Harvey, once said this about retailing: Basically we get confused a bit about what retail is. It is really just buying things, putting them on a floor and selling them.

Did You Know????


A McKinsey report says India has the world's highest density of retail outlets, with about 15 of them for 1,000 people, as compared with the world's richest economies that have four or five per 1,000.

Food Retailing
For centuries, India's daily vegetables and fruits humbly arrived home atop cane baskets, in rickety wooden carts trundled by vegetable vendors known as sabjiwallahs, or from little shops dotting villages and towns across the country.

Now groceries reach middle-class homes in branded plastic bags, out of air-conditioned supermarket chains with parking lots and uniformed staff.

RETAIL FORMATS
Mom-and-pop stores: These are generally family-owned businesses catering to small sections of society. They are small, individually run and handled retail outlets. Category killers: Small specialty stores have expanded to offer a range of categories. They have widened their vision in terms of the number of categories. They are called category killers as they specialize in their fields, such as electronics (Best Buy) and sporting goods (Sport Authority). Department stores: These are the general merchandise retailers offering various kinds of quality products and services. These do not offer full service category products and some carry a selective product line. K Raheja's Shoppers Stop is a good example of department stores. Other examples are Lifestyle and Westside. These stores have further categories, such as home and dcor, clothing, groceries, toys, etc. Malls: These are the largest form of retail formats. They provide an ideal shopping experience by providing a mix of all kinds of products and services, food and entertainment under one roof. Examples are Sahara Mall, TDI Mall in Delhi.

Retail Format
Specialty Stores: The retail chains, which deal in specific categories and provide deep assortment in them are specialty stores. Examples are RPG's Music World, Mumbai's bookstore Crossword, etc.

Discount stores: These are the stores or factory outlets that provide discount on the MRP items. They focus on mass selling and reaching economies of scale or selling the stock left after the season is over.
Hypermarkets/ Supermarkets: These are generally large self-service outlets, offering a variety of categories with deep assortments. These stores contribute 30% of all food and grocery organized retail sales. Example: Big Bazaar. Convenience stores: They are comparatively smaller stores located near residential areas. They are open for an extended period of the day and have a limited variety of stock and convenience products. Prices are slightly higher due to the convenience given to the customers.

RETAIL FORMATS
E-tailers: These are retailers that provide online facility of buying and selling products and services via Internet. They provide a picture and description of the product. A lot of such retailers are booming in the industry, as this method provides convenience and a wide variety for customer. But it does not provide a feel of the product and is sometimes not authentic. Examples are Amazon.com, Ebay.com, etc. Vending: This kind of retailing is making incursions into the industry. Smaller products such as beverages, snacks are some the items that can be bought through vending machines. At present, it is not very common in India.

The RPG Group one of India's largest industrial conglomerate headquartered in Mumbai, India. It was founded by RP Goenka in 1979. Today the RPG Group is involved in diverse sectors of business, including power generation, power transmission, information technology, retail, and entertainment. The group recorded a turnover of INR 11,500crore (equivalent to INR 115 billion) for fiscal year 2007. They have diversified themselves in various sectors like:Power, Tyres, Transmission, Technology, Retail, Entertainment and Others.

Spencer's is based on the 'Food First' Format, providing a wide range of quality products to discerning young customers - well-travelled citizens of the world, looking out for authentic flavors and experiences in a fun-filled shopping environment.. Established in 1996, Spencers is one of the popular destination for shoppers in India with supermarkets, hypermarkets and dailies spread all over India. Spencer's began operations as a retail chain in the early 90's in Southern India. Spencers Retail Ltd, part of the Rs 13,500-crore RPG Group, re-branded its small retail format stores from Spencers Daily and Spencers Express to Spencers

Retail store formats followed are: 1. Convenience stores, called Spencers 2. Hypermarkets, called Spencers hyper

Spencer's hyper are megastores, which combine a supermarket with a department store.
Ranging from 1,500 to 15,000 sq. ft. in size, they stock, at minimum, an assortment of fruits and vegetables, food and nonfood Fast Moving Consumer Goods, staples and frozen foods. Spencer's are neighborhood stores that cater to the daily and weekly top-up shopping needs of consumers. At least 15,000 sq. ft in size, they stock, on average, 70,000 items, giving shoppers fantastic deals across food, fashion, home and entertainment all under one roof.

The following characteristics distinguish the Spencers brand and create memorable 360 shopping experiences for consumers: Products we offer the widest range of food and lifestyle (fashion, home, entertainment) brands, with a special expertise in food Quality we lay a huge emphasis on all-round quality: in products, stores, service standards, and customer engagement programs and that too since our inception at 1863 Heritage we are Indias oldest retailer, with many firsts to our credit Multiple Formats from daily to weekly and specialty shopping, we fulfil every need and provide maximum convenience Promotions we seek to offer the right products at the right time at the right price, with promotions carefully designed to suit the buying cycle and shopping basket of the consumers Brand Imagery our stores and staff seek to make our customers feel right at home, being international, contemporary, accessible, empathetic and trusted

Title
Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Vivamus et magna. Fusce sed sem sed magna suscipit egestas. Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Vivamus et magna. Fusce sed sem sed magna suscipit egestas.

Title
Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Vivamus et magna. Fusce sed sem sed magna suscipit egestas. Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Vivamus et magna. Fusce sed sem sed magna suscipit egestas.

S-ar putea să vă placă și