Industry Overview Some 400‚000 specialty retail stores operate in the US with combined annual sales of $350 billion CAGR 2002-06: 5% Market is dominated by large players like Best Buy‚ Toys “R” Us‚ Gap‚ Sports Authority‚ etc The market size of some major product categories: o Shoes and clothing - $125 billion o Electronics and appliances - $85 billion o Jewelry - $25 billion o Sporting goods - $25 billion o Books - $25 billion Other categories include Toys‚ Music‚ Luggage‚
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Retail Loyalty Programs Loyalty Programs in retail : An overview What is a loyalty program ? Loyalty programs are the schemes designed with an intention to retain existing customers and attract new customers by rewarding a customer with both hard and soft benefits for his loyalty and patronage. Classification Loyalty programs (either on the shop delivery ’ or web based ’) can be classified either based on types of rewards and recognition tools used or the mechanism by which customers earn
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researchandmarkets.com/reports/585710/ Retail Industry in India - Porter’s Five Forces Strategy Analysis Description: Huge population‚ increasing per-capita income and changing consumer habits - all these developments have culminated in the booming of the retail sector in India. The majority of retail sales take place through the unorganized sector‚ which is stores that are popularly known as the kirana‚ or the mom-and-pop-up stores. The organized retail sector that constitutes highly organized
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Inadequate and insufficient supply chain existing in India‘s retail sector is a major deterrent to the growth of this market. There is a strong need for retail to concentrate on developing a back‐end solid chain support especially for perishable products to help reduce wastages which is estimated to be at 40% of national produce. Lack of cold chain infrastructure in India poses storage threat and acts as a major challenge for the retail sector. Due to India‘s complex tax structure and large geographic
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CRM in Indian retail sector K. Sarada madhavi ABSTRACT Retail is India ’s largest industry‚ accounting for over 10 per cent of the country ’s GDP and around eight per cent of the employment. It is one of the most dynamic and fast paced industries with several players entering the market. The growing middle class‚ who has a substantial disposal income in hand‚ constitutes the largest shoppers ’ segment in India. Its consumer behaviour
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which a consumer purchases products. Indian Retail Sector Indian retail industry is the largest industry in India‚ with an employment of around 8% and contributing to over 10% of the country ’s GDP. According to this year’s Global Retail Development Index‚ India is positioned as the leading destination for retail investment. There are about 300 new malls‚ 1‚500 supermarkets and 325 departmental stores being built in the cities very soon. The Indian retail sector is now worth about $250bn (£140bn)
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Controversy over Indian retail reforms A horticultural produce retail market in Kolkata‚ India; produce loss in these retail formats is very high for perishables Critics of the Indian retail reforms announcement are making one or more of the following points:‚[50][51] Independent stores will close‚ leading to massive job losses. Walmart employs very few people in the United States. If allowed to expand in India as much as Walmart has expanded in the United States‚ few thousand jobs may be created
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total retail turnover grew by 15‚9% y-o-y in real terms in 2012‚ reflecting buoyant domestic demand and rising wages. Moreover‚ organized retail trade represented by hypermarkets‚ supermarkets‚ discounters and other modern formats‚ increased by 13‚7% y-o-y. Based on statistics‚ the average per capita food spending is $380-390 monthly. However‚ Ukraine still lags behind global markets on this measure‚ being six times lower than the average of $2380 (in 2011) observed across major retail markets
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The grocery industry in the United Kingdom has been dominated in the last ten years by large chain Supermarkets. There has been a fight for supremacy between the likes of J. Sainsbury‚ Tesco‚ Marks and Spencer‚ Asda‚ and further south‚ Waitrose. Around ten years ago‚ Sainsbury ’s used to have the top spot but their loyal shoppers started turning their heads towards Tesco and better value for money later on in the nineties. I will analyse the United Kingdom ’s grocery industry‚ involving a P
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Study of Organized and Unorganized Retail Sectors in Bangalore Mihir Dash* & Sam Chandy** Abstract This study analyzes the challenges and opportunities faced by organized and unorganized retail players in Bangalore. It was found that organized retailers see competition from the unorganized sector as their biggest challenge‚ followed by competition between organized retailers and the inefficiency of distribution channels‚ internal logistical problem and retail shrinkage‚ while unorganized retailers
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