Professional Documents
Culture Documents
Topic
Page No.
Introduction
a. Company profile
Big bazaar
More Mega Store
Reliance Fresh
b. Details of promoters
1.
Objective of study
2.
Scope of study
3.
Research Methodology
Primary data
Secondary data
4.
5.
6.
7.
Limitations of study
8.
SWOT Analysis
9.
Customers Feedback
10.
Suggestions
11.
Recommendations
12.
Conclusion
13.
Bibliography
INTRODUCTION
"COMPANY PROFILE"
Future Group
Future Group is Indias leading business group that caters to the entire
Indian consumption space. Led by Mr. Kishore Biyani, the Future
Group operates through six verticals: operates through six verticals:
Retail, Capital, Brands, Space, Media and Logistics.
Apart from Pantaloon Retail, the groups presence in the retail space is
complemented by group companies, Indus League Clothing, which
owns leading apparel brands like Indigo Nation, Scullers and Urban
Yoga, and Galaxy Entertainment Limited that operates Bolwing Co,
Sports Bar and Brew Bar and
The groups joint venture partners include French retailer ETAM group,
US-based stationary products retailer, Staples and UK-based Lee
Cooper. Group Company, Planet Retail, owns and operates the
franchisee of international brands like Marks & Spencer, Next,
Debenhams and Guess in India.
The groups Indian joint venture partners include, Manipal Healthcare,
Talwalkars, Blue Foods and Liberty Shoes.
Future Capital Holdings, the groups financial arm, focuses on asset
management and consumer credit. It manages assets worth over $1
billion that are being invested in developing retail real estate and
consumer-related brands and hotels. The group has launched a
consumer credit and financial supermarket format, Future Money and
soon plans to offer insurance products through a joint venture with
Italian insurance major, Generali.
The motto of Future Group, to not to wait for the Future to unfold itself
but create future scenarios in the consumer space and facilitate
consumption because consumption is development. Thereby, it will
effect socio-economic development for their customers, employees,
shareholders, associates and partners.
Their customers will not just get what they need, but also get them
where, how and when they need. They are not just posting satisfactory
results, they are writing success stories.
More.
RELIANCE FRESH
Reliance Fresh is the convenience store format which forms part of the
retail business of Reliance Industries of India which is headed
by Mukesh Ambani. Reliance plans to invest in excess of Rs
25000 crores in the next 4 years in their retail division. The company
already has in excess of 560 reliance fresh outlets across the country.
These stores sell fresh fruits and vegetables, staples, groceries, fresh
juice, bars and dairy products.
Future Retail
All the retail lines of business like food fashion and home will come
under this vertical.
Future Brand
Custodian of all the present and future brands that are either developed
or acquired by the group.
Future Space
Will have a presence in property and mall management.
Future Capital
Will provide consumer credit and micro finance services, including
marketing of MFs and insurance policies, and management of real estate
and consumer fund.
Future Media
Will focus on revenue generation through effective selling of retail
media spaces.
Future Logistic
To drive efficiencies across businesses via better storage and
distribution.
GROUP VISION:
Future Group shall deliver Everything, Everywhere, Every time for
Every Indian Consumer in the most profitable manner.
GROUP MISSION:
Future Group shares the vision and belief that their customers and
stakeholders shall be served only by creating and executing future
scenarios in the consumption space leading to economic development.
CORE VALUES:
DETAILS OF PROMOTERS
BOARD OF DIRECTORS
As the CEO of Future Group, Kishore Biyani leads the groups presence
across the Indian consumption space. Kishore Biyani prides in being an
Indian.
Mr. Gopikishan Biyani, Whole Time Director :Gopi Kishan Biyani is Commerce graduate and has more than twenty
years of experience in the Textile Business.
Mr. Rakesh Biyani, CEO Retail :Rakesh Biyani is Commerce graduate and has been actively involved in
category management; retail stores operations, IT and exports. He has
been instrumental in the implementation of the various new retail
formats.
Ved Prakash Arya, Independent Director :He is an MBA from IIM-Ahmedabad, AMP from Harvard University
and ESSEC-France. His previous assignments were CEO - Globus,
H&R
Johnson,
Asia
net
Satellite
Communications,
Hathway
Investments.
Mr. Shailesh Haribhakti, Independent Director :Shailesh Haribhakti is a Chartered Accountant, Cost Accountant, and a
Certified Internal Auditor.
He is the Deputy Managing Partner of Haribhakti & Co., Chartered
Accountants and past president of Indian merchant Chambers.
He is on the Board of several Public Limited Companies, including
Indian Petrochemicals Corporation Ltd., Ambuja Cement Eastern Ltd.
etc. He is on the Board of Company since June 1, 1999.
Dr. D.O.Koshy holds a doctorate from IIT, Delhi and is the Director of
National Institute of Design (NID), Ahmedabad .HE was over 24 year
rich experience in the textiles and garment industry and was
instrumental in setting up of NIFT centers in Delhi, Chennai and
Bangalore.He is renowned consultant specializing in international
marketing and apparel retail management.
Anil Harish is the partner of DM Harish & Co. Associates and solicitors
and LLM from university of Miami. He also serves the Board Mahindra
Gesco, Unitech, Induslnd bank and Hinduja TMT, among others.
Format -1
Pantaloon Retail (India) Limited, is India's
leading retail company with presence across
multiple lines of businesses. The company owns and manages multiple
retail formats that cater to a wide cross-section of the Indian society
and is able to capture almost the entire consumption basket of the
Indian consumer. Headquartered in Mumbai (Bombay), the company
operates through 5 million square feet of retail space, has over 331
stores across 40 cities in India and employs over 17,000 people. The
company registered a turnover of Rs. 2,019 crore for FY 200809.Pantaloon Retail forayed into modern retail in 1997 with the
launching of fashion retail chain, Pantaloons in Kolkata. In 2001, it
launched Big Bazaar, a hypermarket chain that combines the look and
feel of Indian bazaars, with aspects of modern retail, like choice,
convenience and hygiene.
Food Bazaar, food and grocery chain and launch Central, a first of its
kind seamless mall located in the heart of major Indian cities, followed
this. Some of its other formats include, Collection i (home improvement
Format-2
CENTRAL
Central, the showcase seamless mall concept is one of the more popular
offerings in the lifestyle segment that celebrates shopping in India.
During the year, Central capitalized on its positioning of being a
destination where citizens can just come and unwind, whether its for
shopping for a wide range of national and international brands, enjoying
their favorite cuisine at the multiple specialty restaurants and food courts
or watching the latest movie releases at the in-house multiplexes.
The most reputed brands are showcased in Central. It is also emerging as
the destination of first choice for new fashion brands in India. Central
assures better visibility, instant recognition, good quality and
commercially viable space on the basis of the optimum space utilization
concept, taking the brand closer to the consumer. With brands within
Central competing against the best brands in the country, it also allows
benchmarking for these brands.
The coming year will also witness many new concepts being introduced
at all central malls. Some of these concepts include communications
(MPort and Gen M), electronics (E-Zone), furniture and accents
Format-3
BIG BAZAAR
Isse sasta aur accha kahin nahi!
Big Bazaar has clearly emerged as the favorite shopping destination for
millions of its consumers, across the country, its success is a true
testament to the emotional bonding it has established with the Indian
consumer, on account of its value offerings, aspirational appeal and
service levels.
Shop till you drop! Big Bazaar has democratized shopping in India and
is so much more than a hypermarket. Here, you will find over 170,000
products under one roof that cater to every need of a family, making Big
Bazaar Indias favorite shopping destination.
At Big Bazaar, you will get the best products at the best prices from
apparel to general merchandise like plastics, home furnishings, utensils,
crockery, cutlery, sports goods, car accessories, books and music,
computer accessories and many, many more.
Big Bazaar is the destination where you get products available at prices
lower than the MRP, setting a new level of standard in price,
convenience and quality.
If you are a fashion conscious buyer who wants great clothes at great
prices, Big Bazaar is the place to be. Leveraging on the companys
inherent strength of fashion, Big Bazaar has created a strong value-formoney proposition for its customers. This highlights the uniqueness of
Big Bazaar as compared to traditional hypermarkets, which principally
revolve around food, groceries and general merchandise.
Boasting of an impressive array of private labels, Big Bazaar is
continually striving to provide customers with a complete look. So be it
mens wear, womens wear, kids wear, sportswear or party wear, Big
Bazaar fashions has it all!
Format-4
Fashion Station
Fashion Station, which represents the companys offering of the latest in
fashion for the masses, has met with reasonable success since its launch
in 2004-05. These thematic stores that offer the most contemporary in
fashion and accessories, is another of the value added propositions that
Pantaloon seeks to offer. The aspirational mass of consumers who are
bombarded with the latest in style through media penetration, hedonism
and peer emulation, need an outlet that meets their requirements of
trendy, latest and yet affordable fashion. Fashion Station is positioned to
meet their requirements, and thereby take fashion to the masses.
Format-5
Food Bazaar
Across India, food habits vary according to community, customs and
geography. Food Bazaar, through its multiple outlets addresses this. At
which include staples, soaps and detergents, oils, cereals and biscuits.
On the product category side, the primary segregation is done on the
basis of staples, fresh produce, branded foods and home and personal
care products.
Format-6
Electronic zone
In the Rs.25000 crore consumer durable industry, which is growing at
nearly 6 per cent every year, E-Zone has already emerged as a force to
reckon with. This lifestyle retail format offers a never experienced
before environment for shopping for the best in national and
Format-7
HEALTH BEAUTY & WELLNESS
Beauty, appearance and health consciousness is on the rise across socioeconomic segments in the country. With rising disposable incomes
fragrances. Star & Sitara is set to be part of most Big Bazaar and every
Beauty and Health Mall, which the company is in the process of setting
up. There were 6 Star & Sitara operational as on June 2006.
Health Mall format. Typically, of around 25,000 square feet each, these
centers will include pharmacies and beauty product zones and a host of
other offerings such as health cafes, gymnasium, healthcare services,
retailing fitness equipments, yoga centers and books on health and
fitness etc. The company plans to open at least three Health & Beauty
Malls during the year 2006-07 in Bangalore, Ahmedabad and Mumbai.
Format-8
Liberty Shoes
With fashion being the focus of the company, the intent is to provide a
complete wardrobe experience to the consumer that includes not just
apparel but fashion accessories also. Accessories speak a lot about the
personality of the individual and are a reflection of the attitude of the
wearer. Footwear is one such category in the fashion sphere that truly
embodies the phrase-best foot forward.
Footwear as a category has been present in most of the companys Big
Bazaar; Fashion Station, Pantaloons and Central retail formats. During
the year under review, Pantaloon explored the opportunity to get into
branded footwear, by partnering with the well-established footwear
company Liberty Shoes. The joint venture named Foot Mart Retail
(India) Limited would launch branded footwear retail chains in the
country under the Shoe Factory brand.
These stores would be located within most retail spaces that Pantaloon
would be present in, and as stand alone stores across the country.
Shoe Factory stores would be a destination for men, women and children
of all ages, who can choose from a wide variety of quality footwear at
various price points, suiting their budgets. The venture launched its first
store in Ahmedabad on 5th May 2006. Spread over nearly 13,000 square
feet, this value format houses a wide range of the latest and trendiest
footwear and accessories for all occasions, at unbeatable prices.
Format-9
GINI & JONY
The company recognizes that the organized kids wear category has
shown signs of sizeable growth over the past couple of years. In order to
expand and consolidate its presence in this category, the company
entered into a joint venture with the countrys leading kids wear retailer,
Gini & Jony Apparels Pvt. Ltd. This equal joint venture named GJ
Future Fashions Limited, apart from gaining additional visibility
within all existing and upcoming Pantaloons stores and Central malls
will set up a chain of exclusive kids wear stores throughout the country,
addressing fashion needs of children in all age groups, from 5 to 15
years.
Format-10
PLANET RETAIL
More.
Shopping was never more interesting and easy!! Now no more shop
hopping from one shop to another, just to get your weekly shopping
done, shopping for your various requirements are easily available at just
one stop at more.MEGASTORE
Products
Covering large and spacious area, more.MEGASTORE offers you a
wide range of products spanning across grocery, fruits & vegetables,
general merchandise, electronic products, computers & accessories,
mobile phones & accessories, apparels, footwear, sports and FMCG
products and more at amazing prices and offers.
Please refer to the table below for the product categories available in
our stores:
Bakery
Beverages
Information Technology
Products
Products
Processed Food
Ready to Cook/Prepared
Electronics
FMCG Products
Footwear
Sporting Goods
Stationery
Furniture
Food
Jewellery
General Merchandise
Home Care Products
Services
Staples
Two Wheelers
Toys
Can't decide on the right gift? Run out of time? Let your friends
and family get exactly what they want !
Pick the perfect gift with - more.MEGASTORE Gift Card smart,
practical, and truly appreciated. Our gift cards are always the perfect gift
which can be used at themore.MEGASTORE by the recipient to
purchase any gift of his/her choice any time.
Our Gift Cards easily available at the Customer Support Help Desk
located atmore.MEGASTORE
Whether it's shopping for your daily / weekly household needs, checking
out the latest in technology, trying out the bakery for freshly baked
goodies, or simply relaxing at the caf more. with your friends and
family, more.MEGASTORE has it all. From our wide array of new
gadgets and latest fashion offered by our private label brand, as well as
national & international brands, more.MEGASTORE offers you a
extensive selection to choose from.
RELIANCE FRESH
Reliance Fresh is the convenience store format which forms part of the
retail business of Reliance Industries of India which is headed
by Mukesh Ambani. Reliance plans to invest in excess of Rs
25000 crores in the next 4 years in their retail division. The company
already has in excess of 560 reliance fresh outlets across the country.
These stores sell fresh fruits and vegetables, staples, groceries, fresh
juice, bars and dairy products.
History
After launch, in a dramatic shift in its positioning and mainly due to the
circumstances prevailing in UP, West Bengal and Orissa, it was
mentioned recently in news dailies that Reliance Retail is moving out of
stocking fruits and vegetables. Reliance Retail has decided to minimise
its exposure in the fruit and vegetable business.
The company may not stock fruit and vegetables in some states. Though
Reliance Fresh is not exiting the fruit and vegetable business altogether,
it has decided not to compete with local vendors partly due to political
reasons, and partly due to its inability to create a robust supply chain.
This is quite different from what the firm had originally planned.
When the first Reliance Fresh store opened in Hyderabad last October,
not only did the company say the stores main focus would be fresh
produce like fruits and vegetables at a much lower price, but also spoke
at length about its farm-to-fork" theory. The idea the company spoke
about was to source from farmers and sell directly to the consumer,
removing middlemen out of the way.
Reliance Fresh, Reliance Mart, Reliance Digital, Reliance Trendz,
Reliance Footprint, Reliance Wellness, Reliance Jewels, Reliance
Timeout and Reliance Super are various formats that Reliance has rolled
out.
Research Methodology
Sources of Data
Primary data
Secondary data
Primary Data
The data collected for the first time through observation and interview
method. The data is collected by observing the working of various
departments and also by interviewing the managers of all the
departments. It is also obtained by the help of staff members.
Secondary Data
2.
RESEARCH DESIGN
Sample Information
I have used Random sampling method because it assures that I will be
able to represent not only the overall population, but also key subgroups
of the population, especially small minority groups.
Size of sample
Since the degree of accuracy is directly proportional to the sample size,
so I had taken a sample of 100 customers. Since there are different
categories of customers and these are less homogenous so I had taken a
large sample.
once in a 2 week
once in a 3 week
once in a month
20%
33%
13%
33%
2. What comes to your mind when you find about big bazaar?
product variety
quality
free offer
brands
13%
13%
47%
20%
7%
variety
Yes
No
28%
72%
4. Do you find specific brands that you look in the big bazaar ?
No
20%
80%
Sales
house hold
daily products
food bazaar
other section
20%
33%
27%
20%
good
ok
17%
bad
25%
33%
25%
product display
excellent
good
ok
bad
15%
15%
46%
23%
location
near
long
average
others
11%
36%
27%
27%
layout
strong disagree
strongly agree
10%
25%
16%
8%
41%
natural
10. Through which promotional source you come to know about big
bazaar?
source
print media
electronic media
15%
word of mouth
magazine
15%
31%
38%
11. Which of the following services you have used most frequently?
exchange
gift hamper
baggage counter
parking
helping
alteration
other
13%
5% 15%
13%
15%
18%
18%
5%
Questionnaire
Name __________ _
Age ____________
Contact no: ____________
2. What comes to your mind when you find about big bazaar?
Discount Product variety
Brands
Quality
Free offer
Yes No
4. Do you find specific brands that you look in the big bazaar ?
Yes
No
House hold
Daily products
Food Bazaar
Other section
Excellent Good
Ok
Bad
Excellent Good
Ok
Bad
Near Long
Average
Others
Strongly disagree
Strongly Agree
10.
Natural
Print Media
Magazine
Electronic Media
Word of Mouth
11.
frequently?
Home delivery
Exchange
Baggage counter
Alteration
Parking
Other
Gift Hamper
Helping
depending
on
how
the
conversation
goes.
Customer surveys with standardized survey question insure that you will
collect the same information from everyone. Remember that few of your
customers will be interested in "filling out a questionnaire". It's work for
them without much reward. By launching a customer survey as an
attempt to find out "how we can serve you better" -- your customers will
feel less put upon.
Here are a few of the possible dimensions that one could measure:
Quality of product
Pricing
Offers and discounts
Staffs behavior
Complaints or problems
Billing experience
Securitys behavior
Stores ambience & cleanliness
Overall experience in store
These facts underscore the need to satisfy your current customers so they
remain with your organization. Ensuring their satisfaction is vital to your
long-term business survival and profitability. The technology available
to both you and your competitors has made it easier to duplicate each
others products or services.
SWOT ANALYSIS
STRENGTHS
It is the largest retail store with good ambience in Allahabad.
It has goodwill of being a format of Future Group, which has pan
India presence.
It is located in mall, which usually ensures regular walk-ins.
It stores up to 160000 SKUs, which is in itself the biggest offering
under one roof for customers.
CUSTOMERS FEEDBACK
Problems are solved in very less time at CSD.
The staff is trained
The vegetables and fruits are not fresh.
Big Bazaar is helping to make Allahabad a modern city
The announcements are not audible.
Some goods are at very high price mostly Food Bazaar items.
SUGGESTIONS
Entry gate guards should get more training on behaviour.
Increase the range of other company product, especially in apparels
and food items.
Do not put rotten vegetables and fruits.
There should be some refreshment inside the store.
Increase the sound of announcements more than songs so that one
can hear clearly the offers.
RECOMMENDATIONS
Conclusion
Cross promotion with Club Mahindra.
Auto Branding for promoting Wednesday Bazaar
Promoting schemes via Pamphlets on regular intervals.
Coordination with other functions such as operations, VM, IT,
CSD etc.
Learning about various aspects of CSD
BIBLIOGRAPHY
www.futurebytes.com
www.pantaloon.com
www.retailindia.com
www.google.com
Marketing Research