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40th Big Bazaar Opened
1. 40th Big Bazaar opened at Chennai
December 28, 2006 · No Comments
Kishore Biyani owned Pantaloon retail, which is a part of the Future Group, has
opened its 40th Big Bazaar store in Chennai. This store occupies 50,000 square feet
of retail space and expects a daily foot fall of around 50,000. The Chennai store
happens to be the Pantaloon’s 10th Big Bazaar store in southern India. According to
plans, Pantaloon expects to add at least five more Big Bazaar store in Chennai, while the
number of Big Bazaar stores in the the South is expected to go up from the present 10 to
more than 30 in just one year.
Big Bazaars, which follow hypermarket store format, claim to offer more than 1,50,000
SKUs, based on value proposition with the tagline: “Isse sasta aur isse achchha aur
kahan?”
Categories: Retail Industry
Bharati Walmart to invest 30% more than
Reliance Retail?
December 28, 2006 · 3 Comments
India’s telecom czar Sunil Bharati Mittal, which recently tied up with Walmart, the
biggest retailer of the world today outlined broad contours of its investment plans.
Depending on investments in the real estate and logistics, the company within four years,
or by 2010, will invest US$ 7 billion in creating retail network in the country. This will
include, opening 100 (large stores) hypermalls and several hundred small stores to cater
to the growing needs of middle income segment comprising 300 million customers.
This investment is roughly 30% higher than Mukesh Ambani owned Reliance Retail,
which plans to roll out 4,000 stores by 2011 at an estimated investment of US$ 5.5
billion. In retail business, comparing investments is rather irrelevant as the figures can
differ substantially depending on who owns real the estate and the store premises. It may
be recalled that Reliance made its retail foray with the launching of a cluster of 11
neighbourhood, convenience stores ‘Reliance Fresh,’ in Hyderabad on 3rd November,
2006. Since then, Reliance has added five stores each in Hyderabad and Jaipur, taking the
current tally of stores to 21.
Categories: Retail Data/ Facts · Retail Industry
Hypermarket Chain
2. Sales area, sq.m. 4000 — 10000
Storage area, sq.m. up to 4500
Number of cash terminals 25 — 60
Number of items in the range, thousands 25 — 50
Price level in the market special pricing policy
Number of purchases per day up to 10000
Turnover per month, mln US dollars 2—7
Number of employees 900
Own production sites numerous
Due to its particularity, each retail format sets special
demands to the automation system. Let us see how the
Axapta Retail solution solves specific problems of
hypermarket chains.
Hypermarket chain requirements to the automation system
Consideration of hypermarket chains particularity in Axapta Retail
Hypermarket Chain Requirements to the
Automation System
The specific features of a hypermarket are the wide range of
goods offered, quality service, quality display of goods on the
shelves and complex systems providing for customers’s
loyalty.
Wide Assortment Processing
A hypermarket is known for a wide range of goods offered. It
consists of dozens of thousands of items, while similar goods
can be offered in several forms (they can differ in package,
colour, and sort). In order to work effectively with such an
assortment it is necessary to group it into categories and
subcategories that would unite goods according to this or
3. that criteria.
Decentralisation of Pricing and Other Components of
Prompt Management
As a rule, stores that are part of a hypermarket chain are
more independent from the head office than in other types of
trade enterprises. This is, in particular, about purchasing
goods and establishing retail prices. In the case of the
hypermarket format a considerable part of the goods is
delivered directly to the stores from the suppliers bypassing
the distribution centre. It is also often the case that some
categories of goods are priced at the central level, whereas
some are priced by each hypermarket individually.
Organisation of Complex Marketing Campaigns and
Customer’s Loyalty Systems
Hypermarkets are active users of various sales promotion
methods, they hold regular advertising campaigns, provide
their customers with discount cards, etc. All this requires
prompt and reliable record keeping and synchronisation of
activities of each subdivision involved. Personification of the
relations with each specific customer with establishing a
clearer dependence between his privileges and the volume of
purchases already made by him has recently become more
and more important.
Automation of Auxiliary Production
As a rule hypermarkets produce salads, baking and cookery
themselves. It is necessary to make sure that this production
is promptly supplied with food products, as well as to
forecast the speed of selling each specific product and
calculate its cost.
Necessity of a Platform to Launch an Internet-Shop
In addition to traditional stores, hypermarkets are
4. increasingly involved in e-commerce. This practice is being
successfully used in Russia by the Seventh Continent chain.
Thus, the automation system of a hypermarket should allow
easy integration with e-commerce technologies.
Top
Consideration of Hypermarket Chains
Particularity in Axapta Retail
Axapta Retail fully satisfies all specific requirements of
hypermarket chains. The effectiveness of the Axapta Retail
solution for this format has been confirmed by the results of its
installation in the OKAY chain.
Assortment Management
Due to the tree assortment structure, Axapta Retail allows
control of the circulation of goods successfully. Convenient
interface helps to categorise goods. Due to the thought-out
hierarchic structure of the solution, the management of the
chain and an individual hypermarket will be able to promptly
adjust the pricing policy with regard to various goods.This
information will be synchronised with the financial plans of
the company.
Pricing
Within one chain Axapta Retail allows for any variant of
pricing organisation – from complete centralisation when all
prices are fixed by the head office, to the system when
stores are authorised to fix their own prices for all or some of
the goods themselves. It is also possible that some stores
can function within centralised pricing, while others fix prices
themselves.
Personalisation of the Relations with the Customers
5. If a hypermarket faces the task of personifying the relations
with its customers, Axapta Retail will help. For instance, the
most loyal customer might be provided with a personal
discount that corresponds to the sum he paid for his
purchases. Axapta Retail fully automates the process of
working with discount cards and controls the progress of
advertising campaigns.
Production Management
All business processes typical of the production are
successfully integrated into the work of the Axapta Retail
solution. Thus, when procurements are being planned, the
system conisders not only the data of the goods, but also
production demands, including the demand for foodstuffs and
other material resources.
E-Commerce
Being a modern ERP system, Axapta Retail was originally
created as an open Internet-oriented solution. All data on the
assortment, as well as other information necessary for the
customers can be delivered directly to your Internet-shop.
With the help of Axapta Retail ordinary commerce and e-
commerce exist in a single information space.
India
• Saravana Stores,Chennai
• Big Bazaar
• Star Bazaar
• Reliance Fresh
• Spencer's Retail
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6. Hypermarket
From Wikipedia, the free encyclopedia
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Packaged food aisles at Fred Meyer in Portland, Oregon
In commerce, a hypermarket is a superstore which combines a supermarket and a
department store. The result is a very large retail facility which carries an enormous range
of products under one roof, including full lines of groceries and general merchandise. In
theory, hypermarkets allow customers to satisfy all their routine weekly shopping needs
in one trip.
Contents
[hide]
• 1 Overview
• 2 History
• 3 Success
• 4 List of hypermarkets
o 4.1 Denmark
o 4.2 France
o 4.3 Germany
o 4.4 India
o 4.5 Italy
o 4.6 Spain
o 4.7 Turkey
7. o 4.8 United Kingdom
o 4.9 United States
4.9.1 Defunct U.S. hypermarkets[10]
o 4.10 Canada
o 4.11 Other countries
• 5 Warehouse club
• 6 Notes
[edit] Overview
Hypermarkets, like other big-box stores, typically have business models focusing on
high-volume, low-margin sales. Because of their large footprints — a typical Wal-Mart
Supercenter covers 14,000 m2 (150,000 square feet), a typical Carrefour 19,500 m2
(210,000 square feet) — and the need for many shoppers to carry large quantities of
goods, many hypermarkets choose suburban or out-of-town locations that are easily
accessible by automobile.
[edit] History
This section requires expansion.
The format was pioneered by Carrefour upon opening its first such store in 1963 at
Sainte-Geneviève-des-Bois, France,[1][2][3] In the Americas, the Oshawa group introduced
the first hypermarket in North America near Montreal in 1973.[4]
The first hypermarket was introduced in the United States in 1987.[3] In the late 1980s
and early 1990s, the three major discount store chains in the United States—Wal-Mart,[5]
Kmart[6] and Target—started developing discount stores in the hypermarket format. Wal-
Mart introduced Hypermart USA in 1987 and later Wal-Mart Supercenter, and Kmart
developed Super Kmart. In 1991, Dayton-Hudson Corporation (now Target Corporation)
expanded its Target Greatland discount store chain into Columbus, Ohio, where it learned
that its general merchandise superstores were unable to compete against the Meijer
hypermarket chain.[7][8] In response, Dayton-Hudson entered the hypermarket format in
1995 by opening its first SuperTarget store in Omaha, Nebraska.[9]
[edit] Success
8. The produce section of a typical Wal-Mart Supercenter (Wal-Mart's hypermarket brand)
After the successes of super- and hyper-markets and amid fears that smaller stores would
be forced out of business, France enacted laws that made it more difficult to build
hypermarkets and also restricted the amount of economic leverage that hypermarket
chains can impose upon their suppliers (the Loi Galland). Large retailers for the most part
work around the law by using loopholes.[citation needed] As of 2004, the Loi Galland has
become increasingly controversial and there have been calls to amend it.[citation needed]
In France, hypermarkets are generally situated in shopping centers (French: centre
commercial) outside of cities, though some are present in the city center. They are
surrounded by extensive parking lots, and generally by other specialized superstores (for
instance, selling clothing, sports gear, automotive items, etc.).
In Japan, hypermarkets may be found in urban areas as well as less populated areas. The
Japanese government encourages hypermarket installations, as mutual investment by
financial stocks are a common way to run hypermarkets. Japanese hypermarkets may
contain restaurants, Manga (Japanese comic) stands, Internet cafes, typical department
store merchandise, a full range of groceries, beauty salons and other services all inside
the same store. A recent[when?] trend has been to combine the dollar store concept with the
hypermarket blueprint, giving rise to the quot;hyakkin plazaquot;—hyakkin (百均) or hyaku en
(百円) means 100 yen (roughly 1 US dollar).
[edit] List of hypermarkets
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material may be challenged and removed. (December 2006)
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Reliance [Get Quote] Retail opened its first hypermarket in
Ahmedabad on Tuesday, with plans to open 30 more
