Vishal mega-mart started many new and innovative cross-sell and up-sell strategies in indian retail market tv they are aggressive on their expansion plans vishal retail targets cities with urban population of 1 million people or above or can be classified as tier-2 and tier-3 cities. 1 project report on to analyze the distribution channel of vishal mega-mart submitted by akanksha mishra submitted in partial fulfillment of the degree of bachelor of business. A study in iowa, for example, found that new wal-mart stores derive on average of 84 percent of their sales from existing businesses within the community 5 similar conclusions have been reached in studies of big box development in massachusetts, maine, vermont, new york, california, and virginia. Type of retail format being used by that retail chain and reasons for the choice:- the type of retail format of vishal mega mart is franchisees the main motives of the opting of these stores believe in facilitating one-stop-shop convenience for their customers.
Indian retail stores based on merchandise mix departmental store ebony, globus, shopper’s stop, westside, vishal mega mart discount store s- kumar’s s- mart, margin free, subhiksha, priknit, koutons specialty stores khadi speciality, footwear speciality supermarkets foodworld hypermarkets rpg’s giant, big baazar, reliance hypermart. Table of contents intoduction of the topic a summer training project study and training was under taken with vishal mega mart, an indian leading retail company under the guidance of mr amit, store manager and mr vivek, asst store manager. The quest of wal-mart's mega spree into the globalization also started with the same factors however, wal-mart was quick enough to help make the most of all the opportunities the marketplace shown it with, which proactive approach combined by the pushes of globalization managed to get the incredible business it is today.
At present, in addition to garments, vishal mega mart stores retail the entire range of household products, fmcg and electronic goods vishal's prices are roughly 15 to 20 per cent less than other mass market garment labels. Brand profile us dollar store is a no1 usa franchise business opportunity expanding fast in india us dollar store is a variety store that keeps huge variety of products in the store like food, beverages, health and beauty, candies, pet accessories, auto accessories, toys, gifts & home decor etc. Chapter-1 introduction to retail industry 15/9/2012 nilesh arora 10 personal, non-business use a retailer or retail store is any business enterprise whose sale volume comes primarily from retailing these are the final business entities in a location is a critical factor in retail business in most retail business, services are as. Vishal mega mart vs bid bazzar $38 trillion in retail sales annually ($42 trillion if food service sales are included), approximately $11,993 per capita the retail sector is also one of the largest worldwide.
According to a business standard report, vishal mega mart has tied up with hindustan petroleum corporation ltd (hpcl) for opening forecourt retail stores chain, which has been branded as “vishal corner mart” will set up convenience stores at fuel station outlets of hpcl. Studying customer behavior in retail stores 173 and educational status, occupation, re-ligion, nationality origin, and so on both consumption and buying behavior are. The retail stores may be set up as per the concentration of target population a location which is attractive and has good traffic flow but serves no target market is of new use to a retailer 2. Like availability and variety of products in the store ,service provided by the storekeepers, ambience / show of stores ,discount or fair price ,quality of food and grocery items and promotion and advertising.
Establishment of retail stores in india retail stores are increasingly interested in retaining growth phase in indian retail sector the growth factors in indian organized sector are various but it is mainly due to the by vishal mega mart with special reference to the expectations of the customers & services. Vishal mega mart - download as word doc (doc), pdf file (pdf), text file (txt) or read online scribd est le plus grand site social de lecture et publication au monde recherche recherche. Apply to 3 vishal mega mart jobs in rewa on wisdomjobscom aug 2018 - vishal mega mart jobs in openings in rewa for freshers 10102018 and vishal mega mart openings in rewa for experienced in top companies big mart retail india first start with grammar take a grammar book of class 8th and read that understand all the things like parts. View devesh gupta’s profile on linkedin, the world's largest professional community retail store manager vishal mega mart identifying the consumer jewellery buying behavior and.
Retail franchise business opportunities opportunities are knocking retail industry doors as the industry size is getting bigger in india the retail sector of india alone contributes 22 per cent of country's gross domestic product (gdp) and contributes about 8 per cent to the total employment. The optimum store location for a retailer is based on many factors like the type of industry, the product category being sold, and the degree of restriction that may affect retail operation or any future planning that retail store location. By working in vishal mega mart i gained knowledge about all aspects and operations of a retail organization and got a practical aspect of working in an organization with the growing popularity of retail sector, most of the people are involving in this sector.
Vishal mega mart introduction in the background of high consumerism and income of the urban consumers, in recent year there are a number of companies have expressed their interest towards retail sector outlets. It is also obvious that due to introduction of this store the retail company may offer some discounts ad other advantages which also attracts the customers 25% of the customers have felt that the prices in vishal mega mart is quite lower that other general grocery stores and that’s why they are attracted towards this retail store 10% of the. Retailing in india is one of the pillars of its economy and accounts for about 10 percent of its gdp the indian retail market is estimated to be us$ 600 billion and one of the top five retail markets in the world by economic value india is one of the fastest growing retail markets in the world, with 12 billion people. Retail formats like big bazaar, vishal mega mart, easyday, reliance stores, more, food bazaar and many others are capturing every rupee in the wallet of every indian consumer.