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 Lifestyle Retailing
 Big Bazar-Hypermarket
 Food Bazar-Grocery stores


 Value Retailing
 Pantaloons-Department store
 Central Mall-seamless malls
   Pantaloons departmental store provided
    aspirational yet affordable products
   Targeted upper and middle class
   Location in high traffic areas such as
    entertainment complexes gave it a good
    footfall
   Central Malls provided integrated place for
    customers to shop,eat and celebrate with
    broad mix of products and entertainment
    zones
 Located mostly in tier-1 cities for easy access
  and thus more appealing to high end
  customers
Changes required in this format
 Introduce more private labels in central malls
  as they have higher margins and lower costs
 Market private labels aggressively at par with
  branded labels
 Move to tier-2 and tier-3 cities as the rental
  cost is less
   Cheapest prices with good quality products and
    discounts,freebies etc
   Features of modern retailing such as parking,ac
    and return privileges along with indianness of
    bazars
   Improved shopping experience with wide variety
    of products and ambience,décor and good
    display facilities
   Stands good in terms of understanding indian
    customers and providing the quint essential
    indian feel to shopping by letting them touch and
    examine food products before buying
   Introduce more private labels in different
    categories in big bazar for improving the
    consistency in stock
   As the cost of rental is going up,the big bazar
    outlets should have a layout that retains the
    feel of bazars but reduce the size
   Target more tier-2 and tier-3 cities
   Brand the private labels as superior quality at
    an unbeatable price
   There is a shift to giving more importance
    given to product prices
   Value retailing thus is a more profitable
    option
   Thus PRIL should consider giving up lifestyle
    retailing opportunity due to increasing
    competition from bigger brands,increasing
    real estate cost and fluctuations in demand
    causing mismanaged stocks

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Case analysis big bazar

  • 1.
  • 2.  Lifestyle Retailing  Big Bazar-Hypermarket  Food Bazar-Grocery stores  Value Retailing  Pantaloons-Department store  Central Mall-seamless malls
  • 3. Pantaloons departmental store provided aspirational yet affordable products  Targeted upper and middle class  Location in high traffic areas such as entertainment complexes gave it a good footfall  Central Malls provided integrated place for customers to shop,eat and celebrate with broad mix of products and entertainment zones
  • 4.  Located mostly in tier-1 cities for easy access and thus more appealing to high end customers Changes required in this format  Introduce more private labels in central malls as they have higher margins and lower costs  Market private labels aggressively at par with branded labels  Move to tier-2 and tier-3 cities as the rental cost is less
  • 5. Cheapest prices with good quality products and discounts,freebies etc  Features of modern retailing such as parking,ac and return privileges along with indianness of bazars  Improved shopping experience with wide variety of products and ambience,décor and good display facilities  Stands good in terms of understanding indian customers and providing the quint essential indian feel to shopping by letting them touch and examine food products before buying
  • 6. Introduce more private labels in different categories in big bazar for improving the consistency in stock  As the cost of rental is going up,the big bazar outlets should have a layout that retains the feel of bazars but reduce the size  Target more tier-2 and tier-3 cities  Brand the private labels as superior quality at an unbeatable price
  • 7. There is a shift to giving more importance given to product prices  Value retailing thus is a more profitable option  Thus PRIL should consider giving up lifestyle retailing opportunity due to increasing competition from bigger brands,increasing real estate cost and fluctuations in demand causing mismanaged stocks