Page 13 - DMGT552_VISUAL_MERCHANDISING
P. 13

Visual Merchandising




                    Notes
                                          Example: In India an example of this is Metro, the Germany-based C&C, which  has
                                   outlets in Bangalore and Hyderabad.
                                   Department Store: Department stores generally  have a large layout with a  wide range  of
                                   merchandise mix, usually in cohesive categories, such as fashion accessories, gifts and home
                                   furnishings, but skewed towards garments. These stores are focused towards a wider consumer
                                   audience catchment, with in-store services as a primary differentiator. The department stores
                                   usually have 10,000 - 60,000 sq. ft. of retail space.


                                          Example: Various examples include:
                                   (i)  Shoppers’ Stop, controlled by the K. Raheja Group, a pioneering chain in the country’s
                                       organised retail;

                                   (ii)  Pantaloons, a family chain store, which is another major player in the segment;
                                   (iii)  Westside, the department store chain from Tata Group’s Trent Ltd;
                                   (iv)  Ebony, a department store chain from another real estate developer, the DS Group;

                                   (v)  Lifestyle, part of the Dubai-based retail chain, Landmark Group;
                                   (vi)  The Globus department and superstore chain.
                                   Supermarket: Supermarkets, generally large in size and typical in layouts, offer not only household
                                   products but also food as an integral part of their services. The family is their target customer
                                   and typical examples of this retailing format in India are Apna Bazaar, Sabka Bazaar, Haiko,
                                   Nilgiri’s, Spencer’s from the RPG Group, Food Bazaar from Pantaloon Retail, etc.

                                   Shop-in-Shop: There is a proliferation of large shopping malls across major cities. Since they
                                   are becoming a major shopping destination for  customers, more and more retail brands are
                                   devising  strategies  to  scale  their  store  size  in  order  to  gain  presence  within  the  large
                                   format, department or supermarket,  within these malls. For example, Infinity, a retail brand
                                   selling  international jewellery and crystal ware from Kolkata’s Magma Group, has already
                                   established presence in over 36 department chains and exclusive brand stores in less than five
                                   years.  Shop-in-shops  have  to rely  heavily on a very  95 efficiently  managed supply  chain
                                   system so as to ensure that stock replenishment is done fast, as there is limited space for buffer
                                   stocks.
                                   Specialty Store: Specialty stores are single-category, focusing on individuals and group clusters
                                   of the same class, with high product loyalty. Typical examples of such retail format are: footwear
                                   stores, music stores, electronic and household stores, gift stores, food and beverages retailers,
                                   and even focused apparel chain or brand stores. Besides all these formats, the Indian market is
                                   flooded with formats labelled as multi-brand outlets (MBOs), exclusive brand outlets (EBOs),
                                   kiosks and corners, and shop-in-shops.

                                   Category Killers: Large Specialty Retailers. Category killers focus on a particular segment and
                                   are able to provide a wide range of choice to the consumer, usually at affordable prices due to
                                   the scale they achieve.
                                   Examples of category killers in the West include Office Mart in the US. In the Indian context, the
                                   experiment in the sector has been led by “The Loft”, a footwear store in Powai, Mumbai measuring
                                   18,000 sq. ft.
                                   Discount Store: A discount  store is a retail  store offering a  wide range  of products, mostly
                                   branded, at discounted prices. The average size of such stores is 1,000 sq. ft. Typical examples of
                                   such stores in India are: food and grocery stores offering discounts, like Subhiksha, Margin Free,




          8                                 LOVELY PROFESSIONAL UNIVERSITY
   8   9   10   11   12   13   14   15   16   17   18