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Presented to:
Pantaloon Retail (India) Limited
Guwahati
By:
Vikash Jain
Aim, Guwahati
Project Guides:
EXTERNAL: INTERNAL:
Mr. Swapneel Gupta Mr. Irfan Ullah
(Assistant Store Manager) Assam
Institute of
mr. tanmoy saikia Management,
(Department Manager- Marketing) Guwahati.
Pantaloon Retail (India) Limited,
Guwahati.
Acknowledgement
I take this opportunity to express my heartfelt thanks to one
in completing my project.
At the outset I would like to thank my project mentor Mr. Tanmoy Saikia
Gupta (Assistant Store Manager) and Mr. Sreejit Dey (Store Manager) for
answer any queries I had. Also I would like to thank other employees at
Pantaloons Retail for sharing their insights with me and helping me in the
project.
I would also like to sincerely thank Mr. Shantikam Hazarika (Director), Mr.
Vikash Jain
AIM, Guwahati.
Table of Contents
Executive Summary
The key to customer retention is customer satisfaction. A highly satisfied
customer generally stays loyal longer, buys more as the company introduces
new products and upgrades existing products, talks favourably about the
company and its products, is less sensitive to price and costs less to serve
Guwahati and the level of satisfaction w.r.t. the products, location, brands,
ambience and customer satisfaction. It is also aimed to find out the level of
awareness among the people about the various benefits given by the
Day in Food Bazaar, Shop More Save More Offer, etc. It is also aimed to the
very favourable. There is a mixed view about the location of the store. There
is very less awareness about the Green Card Membership and Fashion
Friday as almost 50% of the respondents are not aware of the same. There is
even very less awareness about the in-house brands except John Miller. The
There have been a lot of problems arising in these areas including the stock
quality of the system, proper stock maintenance of the accessories for the
CLP and strict adherence to the ARS. Assessing the various media of
promotion and finding the right promotion mix should help in a big way to
create more awareness among the people about the various benefits that the
organization provides.
ORGANISATIONAL PROFILE
1.1 INTRODUCTION
PRIL is India’s leading retailer that operates multiple retail formats catering
to the needs of both the value and lifestyle segment of the Indian consumer
market. The company which started its operations from Kolkata is now
company operates over 7 million square feet of retail space, has over 1000
formats include
The first Pantaloons was opened in Gariahat in 1997. Over the years, it has
undergone several transitions. When it was first launched, this store mostly
while at the same time introduced its own private brands. Initially positioned
country. Pantaloons has established its presence with stores not just in the
metros, but also in smaller towns. Today there are around 46 Pantaloons
outlets in India. It works on the same economy model as Wal-Mart and has
every need of the entire family. It promises to give the best products at the
best prices. It is the biggest and the fastest growing chain of department
store and aims at being 350 stores by the end of year 2010.
focusing on eatable items. It blends the look, touch and feel of Indian
bazaars with aspects of modern retail like choice, convenience and quality.
pure shopping experience and to ensure the best brands are available under
one roof. Central was built keeping in mind the proposition of offering the
over 300 brands across categories, such as apparel, footwear and accessories
for women, men, children and infants, apart from Books, Music, Books,
Coffee Shops, Food Courts, Super Markets, Fine Dining Restaurants, Pubs
Some of its other formats include aLL, Brand Factory Depot, Shoe
Factory, Blue Sky, Fashion Station, Top 10, mBazaar and Star and
following formats
1992 - Initial public offer (IPO) was made in the month of May.
format launched across the nation. The company starts the distribution of
2001 - Big Bazaar, ‘Is se sasta aur accha kahi nahin’ - India’s first
2004 - Central – ‘Shop, Eat, Celebrate In The Heart Of Our City’ - India’s
MANAGEMENT TEAM
Name Designation
Rakesh Biyani CEO – Retail
Anshuman Singh CEO - Value Fashion
Arvind Chaudhary CEO - Food Business
Damodar Mall CEO - Incubation & Innovation
Hans Udeshi CEO - General Merchandising
CEO - Home Solutions Retail (India)
Hemchandra Javeri
Ltd.
CEO - Integrated Merchandising
Kailash Bhatia
Group
Madhumati Lele CEO - Services
Rajan Malhotra CEO - Big Bazaar
Sadashiv Nayak CEO - Food Bazaar
Sanjeev Agrawal CEO – Pantaloons
Vishnu Prasad CEO - Central & Brand Factory
Chandra Prakash Toshniwal Chief Financial Officer
Sanjay Jog Head - Human Resources
Group Vision
Group Mission
We share the vision and belief that our customers and stakeholders shall be
do. We shall ensure that our positive attitude, sincerity, humility and united
Strategy
The business strategy of Pantaloon Retail has been to capture the entire
consumption space of the Indian consumers. The company has moved from
one retail business to another, keeping in pace with the changing needs and
economy.
The company has adopted a strategy to serve all segments of the Indian
roof.
The company has adopted a strategy of catalyzing consumption and not just
System
facilitating role. The introduction of SAP in 2005-06 and its roll out during
the year positively impacted the business. Big Bazaar has initiated the
efficiencies and productivity. The company has also rationalized nearly 250
Shared Values
The Future group as the name suggests believes in exploring areas yet
opportunities have been the building blocks of its success. The group does
not believe in waiting for the future to unfold itself rather it believes in
creating future scenarios. The group does not just spots trend but also creates
them.
While doing all these, the following core values are shared and transpires
conduct.
information.
Staff
satisfied and motivated. The company has an attrition rate of 8.12%, much
Pantaloon would not have been able to expand and have the same level of
Pantaloon has tied up with various college and institutes to ensure it has
fresh supply of talent at its disposal. Close to 46% of the employees in the
organization are women and the average age within the organization is 27
years.
external and internal candidates ensures a steady stream of mid level, well
Style
can be seen with various category managers at each store level being
empowered with taking all decisions with respect to their departments from
deciding inventory levels to placing replenishment orders. Out of the Box
thinking has become a way of life at Pantaloon and living with the change, a
launch many retail formats that have come to serve as a benchmark in the
industry. The management is very dynamic and does not focus or focus of
Skills:
Also another area where pantaloon scores over its competitors is its
bargaining skills. It has been able to ensure higher margins for itself from
the suppliers. Also the supply chain skills of the company are among the
best in the Indian retail sector. The company carefully rationalizes its
vendors. For instance, Pantaloon buys its dry staples directly from millers
for its Food Bazaars; it is now experimenting with contract farming, too, to
The growth and opportunity in the Indian retail space has attracted many
Multinational companies have also announced their entry into India, through
routes. Regional companies are also growing fast and some of them are
trying to enter at the national level. Having been closer to the ground
realities and being witness to the rising consumption demand at its own
stores, the Company had expected that more players will be attracted into
this sector, sooner or later. Over the years the Company had pursued large
scale expansion. At the same time, it has taken aggressive steps to ensure
that real estate, supply partners and potential employees are locked-in for the
years ahead so that none of these inputs become scarce once. While most of
its competitors are present in one or two formats eg. Subhiksha in discount
Retail No of Geographical
Company Turnover Space stores spread Store Name Format
Departmental
.975 30 18 Westside Store
Trent 445.78 cr million
3 3 Star Bazar Hypermarket
sq feet
10 8 Landmark Books
Spencers
Hypermarket Hypermarket
Spencer's Super Grocery
400 65 cities
2 Spencer's Daily
RPG Retail 600 cr million Spencer's
sq feet Express Grocery
Books and
1 1 Beyond Books
432 30 RPG Cellucom Electronics
2.29
Vishal
602.65 cr million Vishal
Retail
sq feet 108 73 Megamart Hypermarket
Departmental
24 12 Shoppers Stop Store
1.5 14 Crossword Books
Shoppers
899.6 cr million
Stop Home
sq feet
3 3 Homestop Solutions
8 Mothercare Speciality store
over 2
Subhiksha 1000 cr million
sq feet 1000 90 Subhiksha Discount Store
Pantaloon has turnover 3 folds more than its largest competitor. Also if we
look at the retail presence Pantaloon with a retail space of 7 million square is
much larger than its competitor. Though big large business houses like
Reliance, Aditya Birla Group and Wal Mart have commenced or either
commencing their retail operations one problem they will face is the lack of
availability of retail space at prime locations as well as the high real estate
prices. Pantaloons on the other hand acquired real estate at prime locations
at reasonable prices.
initiatives.
1) One of the strategies that Pantaloon is pursuing for the future is the
Bazaar and Food Bazaar formats. Especially with Big Bazaar the
company is planning to expand in the tire II and tire III cities. It has
become a rat race among the large retailers as to who comes up with
specialty formats.
financial year.
estate prices has affected the plans of the company. The company has
OBJECTIVES
Guwahati.
Methodology
Questionnaire method
Research Design
SELECTION OF SAMPLE:
and non-visitors)
Table1.1
still scope for attracting more and more people to the store
marketing mix.
Figure1.1
Q2. From which source did you come to know about
Pantaloons?
Table1.2
16%.
Sources
Table1.3
Percentag
Perception Count e
Excellent 32 24
Good 77 57
Satisfactory 24 18
Poor 1 1
V. Poor 0 0
Total 134 100
Figure 1.3 shows that only 1 person, i.e. almost 1% of the
Ghy?
Table1.4
who live far away from the store have given unfavourable
the centre of the city it would have been a bonus for the
store.
Figure1.4
Q7. Are you aware of Green Card Membership?
Table1.5
about the various benefits they get through it. This will
increase customer loyalty which will help in retaining the
Figure1.5
extra privilege?
Table1.6
Count 4 10 10 7 47 30 26 134
Percentage 3 8 8 5 35 22 19 100
respondents, i.e. 35% of them have said that the fashion day
Figure1.6
Table1.7
Figure1.7
pantaloons?
Table1.8
Percentag
Nature Count e
Satisfied 119 89
Not Satisfied 15 11
Total 134 100
Figure1.8
Table1.9
Percentag
Floor Count e
1st Floor 67 50.0
2nd Floor 50 37.3
3rd Floor 15 11.2
4th Floor 2 1.5
Total 134 100
Figure1.9 shows that 50% of the respondents found the 1st
they come basically for garments which they get only on the
1st and 2nd Floor. But Café Coffee Day has certainly started
Figure1.9
Table1.10
Coun Percenta
Place t ge
Big Bazaar 13 10
Pantaloons 48 36
Both 70 52
None 3 2
Total 134 100
Figure1.10 shows that only 52% of the respondents know
Figure1.10
Food Bazaar?
Table1.11
Count 10 11 50 12 10 14 27 134
Percent
age 7 8 37 9 7 10 20 100
Figure1.11 shows that there is very less awareness among
Figure1.11
Table1.12
Percentag
Floor Count e
1st Floor 0 0
2nd Floor 3 2
3rd Floor 110 82
4th Floor 21 16
Total 134 100
Figure1.12 shows that 82% of the respondents have said
the food court on the 6th Floor. Thus, some more posters
may be put inside the store and more displays can be made
Pantaloons.
Figure1.12