In the second year of operations, Big Bazaar tied up with Indian Banking giant ICICI Bank and launched the Big Bazaar ICICI Bank card. In the same year, the first food Bazaar store was also launched at High street phoenix mall in Mumbai, marking the retailer’s entry into dedicated food retail. In 2003, Big Bazaar made its foray into small towns and cities. The first store in this category was launched that year in Nagpur. The franchise also welcomed its 10 millionth customer at its new store in Gurgaon in the same
The number of trucks serving for distribution centers exceeds 3,500. These truck fleets are capable of finishing goods shipment from distribution centers to stores within two days and replenishing inventory every week The company uses the retail last-in, first-out (LIFO) method for the Wal-Mart stores segment. They use the cost LIFO for the Sam’s Club segment and another cost method for the international segment. During the 1999 fiscal year, approximately 84% of the Wal-Mart discount stores’ and Supercenters’ purchases were shipped from Wal-Mart’s 43 distribution centres, nine of which are grocery distribution centres and two of which are import distribution centres. The balance of merchandise purchased was shipped directly to the stores from
Walmart bought Lore’s startup, Jet.com, last year and brought him onboard to revamp their e-commerce strategy. Both Walmart and Amazon are bringing unique attributes to the e-commerce battle. With thousands of locations all over the country, Walmart has a physical presence that Amazon could never
This part of the paper will mainly focus on two of P&G’s one billion dollar brands, Pampers and Head & Shoulders. The businesses belong to two different segments, but are both included under P&G. An analysis of how P&G strengthen their businesses, uses their resources and how and if the businesses add additional value to the whole firm, will be discussed in the following part. 4.1. Pampers - innovation and customer understanding Pampers is P&G’s biggest global brand, used by 25 million babies in about 100 different countries.
In 1991, Wal-Mart went international by opening two stores in Mexico City and then in 1992 they opened a store in Puerto Rico. By 1994, Wal-Mart was open to consumers in Canada as well as value clubs in Hong Kong. No later than 1995, “Wal-Mart had 1,995 Wal-Mart stores, 239 Supercenters, 433 SAM’S CLUBS and 276 international stores” (Walmartfacts.com, 2006), also this year marked Wal-Mart entering all 50 states. Wal-Mart entered several international markets which included: Argentina, Brazil, Germany, and the UK. There were two joint venture agreements made between China, Korea, and Wal-Mart.
In February, Tesco Malaysia officially launched operations with the opening of its first hypermarket in Puchong, Selangor. There are 2 types of store categories in Tesco Malaysia; i) Tesco Hypermarkets - The hypermarket format offers customers a complete one stop shopping experience for their needs. It carries more than 60,000 lines of products including nearly 3,000 of its own brand of products ranging from food to non-food items. ii) Tesco Extra Hypermarkets -
brothers . GROWTH AND PROFITABILITY: Between 1998 and 2001 the company sales grew at a compound annual rate of 16% against the market and operating profit reached 18%. At present 90% of Britannia annual revenue of Rs.22 billion comes from biscuits. Britannia dairy is introduced in the year 1997. This is the first company in India to pioneer category defining innovations like cream cheese and introducing a host of international flavor for its cubes and spreads in India.
Initially the goods are produced in the form of shirts, but as the development needs and customer demand, the product was expanded to pants, wallets, handbags and other accessories. But clothing company is different with the Distribution Store (Distro). Distributions derived from the Distribution Store which can be interpreted as a place, outlet or store that specifically distributes products of a community. It usually comes from a community of independent music bands, Indie Bands and skateboard community. Their products typically consist of albums such as Indie Band up to the shirts and accessories and apparel products for skateboard.
It came out with a public issue in 1991 and later changed their name to Pantaloon Fashions (India) Limited (PFIL). The first exclusive men‘s store called Pantaloon Shoppe was inaugurated in 1992. Pantaloons went for a franchisee route to expand the number of retail outlets and by 1995, it had reached a number of 70. The first departmental store called Pantaloons was opened in Kolkata in 1997 with an investment of Rs 0.7 million. The store was a success and recorded revenues of Rs 100 million within the first year of operations.
Over the years Fabindia added a lot many range to the existing garment segment like the non-textile range in 2000, organic foods in 2004, followed by personal care products in 2006, lastly it launched its range of Handcrafted Jewelery in 2008. Besides exporting home furnishings, the store sells an array of products ranging from textiles, garments, furniture, stationery, ceramics, home accessories, organic foods, and body care product. Since 2004 Fabindia 's retail expansion plans began it opened multiple and larger stores in metros like Mumbai, Chennai and Delhi, while at the same time thinning out beyond metros. The new establishments were made in cities like Vadodara, Dehradun, Coimbatore and Bhubaneswar, Durgapur. Fabindia exports to over 33 countries worldwide, to wholesalers as well as retailers.