• Before understanding the concept of retail, let us first go through few terminologies.
MarketAny system or place where parties are engagedin exchange of either goods orservices is called as market. The parties areoften called as buyers and sellers. The selleroffers his goods or services to the buyer whoin return purchases it in exchange of money.
What is Retail ?Retail involves the sale of goods from a singlepoint (malls, markets, department stores etc)directly to the consumer in small quantitiesfor his end use.
The Supply chain• Manufacturers___Wholesalers ___Retailers______End Use (Consumer)
Manufacturers -Manufacturers are the ones who are involved in production of goods with the help of machines, labour and raw materials.
WholesalerThe wholesaler is the one who purchases thegoods from the manufacturers and sells to theretailers in large numbers but at a lower price.A wholesaler never sells goods directly to theend users.
RetailerA retailer comes at the end of the supply chain who sells the products in small quantities to the end users as per their requirement and need. The end user goes to the retailer to buy the goods (products) in small quantities to satisfy his needs and demands. The complete process is also called as Shopping
• Spencers Retail Limited• Type• Subsidiary• Industry• Retail• Headquarters• Kolkata, West Bengal, India• Number of locations• 400 Across 60 Cities• Employees• 60,000+• Parent• RPG Group• Website• spencersretail.com
WHAT IS SPENCER’S• Convenience stores, called Spencer’s•• Hypermarkets, called Spencer’s Hyper
• RETAIL FORMATS OF SPENCER’S RETAIL – Spencer’s Express – Spencer’s Daily – Spencer’s Super – Spencer’s Hypermarkets
1.Spencer’s Hypermarkets• A fast growing retail network of hypermarkets with large format• stores in Mumbai, Gurgaon, Ghaziabad, Lucknow, Calic ut, Hyderabad, Vizag, Vijaywada,• Aurangabad, Durgapur and Kolkata.
2.Spencer’s superOne of the largest supermarket chains in thefood and grocery segment in India.
Spencer’s Daily• Small format stores conveniently located with a range of products to meet daily household needs.
Spencer’s express• Food and grocery store next door.
Snapshot• Format• Spencer’s ExpressStocks• Expressdairy, fruit and vegetables, bread and bread products, fruit juice, fresh batter, fresh coffee/tea, masalas, pickles, Ghee, Fish and meat.• vegetables, fruit, milk, eggs, breads• regular groceries• home care products; personal care products, Bakery, Chilled and frozen food; Baby care products• Miscellaneous• Spencer’s Fresh• Spencer’s daily• Spencer’s Super• Spencer’s Hyper