You are on page 1of 18

P&G

Procter & Gamble (P&G) is a Fortune 500 American multinational corporation headquartered [3] in downtown Cincinnati, Ohio and manufactures a wide range of consumer goods. In 2011, P&G recorded $82.6 billion dollars in sales. Fortune magazine ranked P&G at fifth place of the [4] "World's Most Admired Companies" list, which was up from sixth place in 2010. Procter & Gamble is the only Fortune 500 company to issue C Share common stock.
Contents
[show]

[edit]History William Procter, a candlemaker, and James Gamble, a soapmaker, emmigrated from England and Ireland respectively. They settled in Cincinnati initially and met when they married sisters, Olivia and Elizabeth [5] Norris. Alexander Norris, their father-in-law, called a meeting in which he persuaded his new sons-in-law to become business partners. On October 31, 1837, as a result of the suggestion, Procter & Gamble was born. In 18581859, sales reached $1 million. By this point, approximately 80 employees worked for Procter & Gamble. During the American Civil War, the company won contracts to supply theUnion Army with soap and candles. In addition to the increased profits experienced during the war, the military contracts introduced soldiers from all over the country to Procter & Gamble's products. In the 1880s, Procter & Gamble began to market a new product, an inexpensive soap that floats in water. The company called the soap Ivory. William Arnett Procter, William Procter's grandson, began a profitsharing program for the company's workforce in 1887. By giving the workers a stake in the company, he correctly assumed that they would be less likely to go onstrike. The company began to build factories in other locations in the United States because the demand for products had outgrown the capacity of the Cincinnati facilities. The company's leaders began to diversify its products as well and, in 1911, began producing Crisco, ashortening made of vegetable oils rather than animal fats. As radio became more popular in the 1920s and 1930s, the company sponsored a number of radio programs. As a result, these shows often became commonly known as "soap operas."

Procter & Gamble headquarters inDowntown Cincinnati, Ohio

The company moved into other countries, both in terms of manufacturing and product sales, becoming an international corporation with its 1930 acquisition of the Thomas Hedley Co., based inNewcastle upon Tyne, England. Procter & Gamble maintained a strong link to the North East of England after this acquisition. Numerous new products and brand names were introduced over time, and Procter & Gamble began branching out into new areas. The company introduced Tide laundrydetergent in 1946 and Prell shampoo in 1947. In 1955, Procter & Gamble began selling the first toothpaste to contain fluoride, known as Crest. Branching out once again in 1957, the company purchased Charmin Paper Mills and began manufacturing toilet paper and other paper products. Once again focusing on laundry, Procter & Gamble began making Downy fabric softener in 1960 and Bounce fabric softener sheets in 1972. One of the most revolutionary products to come out on the market was the company's Pampers, first test-marketed in 1961. Prior to this point disposable diapers were not popular, although Johnson & Johnson had developed a product called Chux. Babies always wore cloth diapers, which were leaky and labor intensive to wash. Pampers provided a convenient alternative, albeit at the environmental cost of more waste requiring landfilling. Procter & Gamble acquired a number of other companies that diversified its product line and significantly increased profits. These acquisitions included Folgers Coffee, Norwich Eaton Pharmaceuticals (the makers of Pepto-Bismol), Richardson-Vicks, Noxell (Noxzema), Shulton's Old Spice, Max Factor, and the Iams Company, among others. In 1994, the company made headlines for big losses resulting from leveraged positions in interest rate derivatives, and subsequently suedBankers Trust for fraud; this placed their management in the unusual position of testifying in court that they had entered into transactions that they were not capable of understanding. In 1996, Procter & Gamble again made headlines when the Food and Drug Administration approved a new product developed by the company, Olestra. Also known by its brand name 'Olean', Olestra is a lower-calorie substitute for fat in cookingpotato chips and other snacks that during its development stages is known to have caused anal leakage and gastrointestinal difficulties in humans.

Procter & Gamble has dramatically expanded throughout its history, but its headquarters still remains in Cincinnati. In January 2005 P&G announced an acquisition of Gillette, forming the largest consumer goods company and placing Unilever into second place. This added brands such as Gillette razors, Duracell, Braun, and Oral-B to their stable. The acquisition was approved by the European Union and the Federal Trade Commission, with conditions to a spinoff of certain overlapping brands. P&G agreed to sell its SpinBrush battery-operated electric toothbrush business to Church & Dwight. It also divested Gillette's oral-care toothpaste line, Rembrandt. The deodorantbrands Right Guard, Soft & Dri, and Dry Idea were sold to Dial [6] Corporation. The companies officially merged on October 1, 2005. Liquid Paper, and Gillette's stationery division, Paper Mate were sold to Newell Rubbermaid. In 2008, P&G branched into the record business [7] with its sponsorship of Tag Records, as an endorsement for TAG Body Spray. P&G's dominance in many categories of consumer products makes its brand management decisions [8] worthy of study. For example, P&G's corporate strategists must account for the likelihood of one of their [9] products cannibalizing the sales of another. On August 24, 2009, the Ireland-based pharmaceutical company Warner Chilcott announced they had [10][11] bought P&G's prescription-drug business for $3.1 billion. P&G exited the food business in 2012 when it sold its Pringles snack food business to Kellogg's. The company had previously sold Jif peanut butter and Folgers coffee in separate transactions to Smucker's Procter and Gamble is a tier one sponsor of the London's Olympic Games 2012 and sponsors 150 Athletes. [edit]Operations As of July 1, 2011, the company's operations are categorized into two "Global Business Units" with each Global Business Unit divided into "Business Segments" according to the company's 2011 Annual Report. [12] Dimitri Panayotopoulos is Vice Chairman of Global Business Units Beauty segment Grooming segment Health Care segment Snacks & Pet Care segment Fabric Care & Home Care segment Baby Care & Family Home Care segment

[edit]Management

and staff

The board of directors of Procter & Gamble currently has eleven members: Robert A. McDonald, Angela Braly, Meg Whitman, Johnathan A. Rodgers, Ernesto Zedillo, Scott Cook, Patricia A. Woertz, Susan D. [13] Desmond-Hellmann, Maggie Wilderotter, W. James McNerney, Jr. andKenneth Chenault. In March [14] 2011 Rajat Gupta resigned from the board after an SEC accusation of Galleon Group insider trading. In October 2008, P&G was named one of "Canada's Top 100 Employers" by Mediacorp Canada Inc., and was featured in Maclean'snewsmagazine. Later that month, P&G was also named one of Greater [15] Toronto's Top Employers, which was announced by the Toronto Starnewspaper.

In May 2011 Fortune editor-at-large Patricia Sellers praised P&G's board diversity, as five of the company's eleven current directors are female and have all been on Fortune's annual Most Powerful [16] Women list. Procter & Gamble is a member of the U.S. Global Leadership Coalition, a Washington, D.C.-based coalition of over 400 major companies and NGOs that advocates for a larger International Affairs Budget, [17] which funds American diplomatic and development efforts abroad. On November 19, 2011, the Associated Press and USA Today reported that a company spokesman [18] confirmed Dr. John Smale, former CEO, has died at age 84. Online memorial page for Dr. John [19] Smale [edit]Brands Main article: List of Procter & Gamble brands 24 of P&G's brands have more than a billion dollars in net annual sales, according to the 2011 Annual Report. Leadership Brands Ace is a brand of laundry detergent/liquid available in numerous forms and scents. Always is a brand of feminine care products. Ariel is a brand of laundry detergent/liquid available in numerous forms and scents. Bold is a brand of laundry detergent/liquid. Bounce is a brand of laundry products sold in the United States and Canada. Bounty is a brand of paper towel sold in the United States and Canada. Braun is a small-appliances manufacturer specializing in electric shavers, epilators, hair care appliances and blenders. Cascade is a brand of dishwashing products. CoverGirl is a brand of women's cosmetics. Crest/Oral B is a brand of toothpaste and teeth-whitening products. Dash is a brand of laundry detergent/liquid. Dawn/Fairy is a brand of dishwashing detergent. Dolce & Gabbana is a brand of fine fragrances. Downy/Lenor is a brand of fabric softener. Duracell is a brand of batteries and flashlights. Eukanuba is a brand of pet food. Febreze/Ambi Pur is a brand of air fresheners. Fixodent is a brand of air denture adhesives. Fusion is a brand of men's wet shave razors and the first P&G brand to have reached $1 billion in annual sales. Gain is a brand of laundry detergent, fabric softeners and liquid dish soap. Gillette is a brand of safety razor and male grooming products. Head & Shoulders is a brand of anti-dandruff shampoo and conditioners. Herbal Essences is a brand of shampoo and conditioners. Hugo Boss is a brand of fine fragrances.
[20]

Iams is a brand of pet food. Luvs is a brand of baby diapers. Mach3 is a brand of safety razor and male grooming products. Max Factor is a brand of women's cosmetics. Mister Clean is a brand of multi-purpose cleaner sold in the United States and Great Britain. Olay is a brand of women's skin care products. Old Spice is a brand of men's grooming products. Oral-B is a brand of toothbrush, and oral care products. Pampers is a brand of disposable diaper and other baby care products. Pantene is a brand of hair care products (conditioners/styling aids). Prestobarba/Blue is a brand of safety razor and male grooming products. Pringles is a brand of potato- and wheat-based snacks. Prilosec is an over-the-counter drug. Puffs is a brand of tissues. Rejoice/Pert is a brand of hair care products (conditioners/styling aids). Safeguard is a brand of soaps. Secret is a female anti-perspirant brand. SK-II is a brand of women's and men's skin care products. Swiffer is a brand of house-cleaning products. Tampax is a brand of feminine care products. Tide is a brand of laundry detergent. Venus is a brand female hair-removal products. Vicks is an over the counter medication. Wella is a brand name of hair care products (shampoo, conditioner, styling, hair color).

Most of these brands--including Bounty, Crest and Tide--are global products available on several continents. Procter & Gamble products are available in North America, Latin America, Europe, the Middle East, Africa, Asia, Australia and New Zealand. Manufacturing operations are based in the following regions: United States Canada Mexico Latin America Europe China (31 wholly owned factories) and other parts of Asia Africa Australia

[edit]Productions

The P&G production logo used from early 1985 to 2007.

Procter & Gamble produced and sponsored the first radio soap operas in the 1930s (Procter & Gamble's [citation needed] being known for detergents--soaps--was probably the genesis of the term "soap opera") . When the medium switched to television in the 1950s and 1960s, most of the new serials were sponsored and produced by the company. The serial The Young and the Restless is currently broadcast on CBS and is still partially sponsored by Procter & Gamble. When As the World Turns left the air on September 17, 2010, The Young and the Restless, became the only soap left that is partially sponsored by Procter & Gamble. These past serials were produced by Procter & Gamble: Another World As the World Turns The Brighter Day The Catlins The Edge of Night The First Hundred Years From These Roots Guiding Light Lovers and Friends / For Richer, for Poorer Our Private World Search for Tomorrow Somerset Texas Young Doctor Malone

Procter & Gamble also was the first company to produce and sponsor a prime-time show, a 1965 spinoff of the daytime soap opera As the World Turns called Our Private World. PGP also produced Shirley, a prime-time NBC series starring Shirley Jones, in 1979; it lasted thirteen episodes. They also produced TBS' first original comedy series, Down to Earth, which ran from 1984 to 1987 (110 episodes were produced). They also distributed the syndicated comedy series Throb. Procter & Gamble Productions originally co-produced Dawson's Creek with Sony Pictures Television but withdrew before the series premiere due to early press reviews. It also produced the 1991 TV movie A Triumph of the Heart: The Ricky Bell Story, which was co-produced by The Landsburg Company. It also produces the People's Choice Awards. In addition to self-produced items, Procter & Gamble also supports many Spanish-language novellas through advertising on networks such asUnivision, Telemundo, Telefutura, and Azteca America. Procter & Gamble was one of the first mainstream advertisers on Spanish-language TV during the mid[citation needed] 1980s.

In 2000, the company's self care BeingGirl website was launched.

[21]

In 2008, P&G expanded into music sponsorship when it joined Island Def Jam to create Tag Records, named after a body spray that P&G acquired from Gillette. In April 2010, after the cancellation of As the World Turns, PGP announced they were officially phasing out of the soap industry, and expanding into [22][23] more family appropriate programming. Procter & Gamble also gave a $100,000 contract to the winners of Cycle 1 through 3 of Canada's Next Top Model, making Andrea Muizelaar,Rebecca Hardy and Meaghan Waller won the prize. [edit]Controversies [edit]Price

fixing

In April 2011, P&G was fined 211.2m euros by the European Commission for establishing a pricefixing cartel in Europe along with Unilever, who was fined 104m euros, and Henkel. Though the fine was set higher at first, it was discounted by 10% after P&G and Unilever admitted running the cartel. As the [24] provider of the tip-off leading to investigations, Henkel was not fined. [edit]Toxic

shock syndrome and tampons

Toxic shock syndrome (TSS) is a disease caused by strains of the bacteria Staphylococcus aureus. Most people have these bacteria living in their bodies as harmless commensals in places such as the nose, skin, and vagina. The disease can strike anyone, not only women, but the disease is often associated with tampons. In 1980, 814 menstrual-related TSS cases were reported; 38 deaths resulted from the disease. The majority of women in these cases were documented as using super-absorbent synthetic [25] tampons, particularly the Rely tampon created by Procter & Gamble. The Rely tampon was so superabsorbent that one by itself could in fact hold one woman's entire menstrual period flow. Unlike other tampons made of cotton and rayon, Rely used carboxymethylcellulose and compressed beads of polyester for absorption. The materials used in Rely were causing an increase in the thickness of fluid inside the vagina, resulting in more toxins being released. The slogan used by Procter & Gamble for the product was "Rely. It even absorbs the worry." In the summer of 1980 the Centers for Disease Control released a report explaining how these bacterial mechanisms were leading to TSS. They also stated that the Rely tampon was associated with TSS more than any other brand of tampon. In September 1980, Procter & Gamble voluntarily recalled its Rely brand of tampons from the market and agreed to provide for a program to notify consumers. Since the 1980s, [26] reported cases of TSS have dramatically decreased. [edit]Animal

testing

On June 30, 1999, Procter & Gamble announced that it would limit its animal testing practices to its food [27] and drug products which represents roughly 80% of its product portfolio. The company invested more [28] than $275 million in the development of alternative testing methods. Procter & Gamble has received criticism from animal advocacy group PETA for the practice of testing on [29] animals. [edit]Other

products

In December 2005 the Pharmaceutical division of P&G was involved in a dispute over research involving [30] its osteoporosis drug Actonel. The case was discussed in the media.

In October 2007, a class action lawsuit was filed in the State of Georgia alleging that many users of Crest Pro-Health mouthwash, with the active ingredient Cetylpyridinium chloride, suffered stained teeth and [31] loss of their sense of taste as a result. Procter & Gamble contends that these side effects occur in only [31] three percent of users. The suit seeks to include disclosure warning users of these side effects on product packaging. [edit]Logo

controversy

P&G's former logo originated in 1851 as a crude cross that barge workers on the Ohio River painted on cases of P&G star candles to identify them. P&G later changed this symbol into a trademark that showed [32] a man in the moon overlooking 13 stars, said to commemorate the original13 colonies.

Former P&G logo

The company received unwanted media publicity in the 1980s when rumors spread that the moon-andstars logo was a satanic symbol. The accusation was based on a particular passage in the Bible, specifically Revelation 12:1, which states: "And there appeared a great wonder in heaven; a woman clothed with the sun, and the moon under her feet, and upon her head a crown of 12 stars." P&G's logo consisted of a man's face on the moon surrounded by 13 stars, and some claimed that the logo was a mockery of the heavenly symbol alluded to in the aforementioned verse, thus construing the logo to be satanic. Where the flowing beard meets the surrounding circle, three curls were said to be a mirror image of the number 666, or the reflected number of the beast. At the top and bottom, the hair curls in on itself, and was said to be the two horns like those of a ram that represented the false prophet. These interpretations have been denied by company officials, and no evidence linking the company to the Church of Satan or any other occult organization has ever been presented. The company unsuccessfully sued Amway from 1995 to 2003 over rumors forwarded through a company voicemail system in 1995. In 2007 the company successfully sued individual Amway distributors for reviving and [33] propagating the false rumors. The moon-and-stars logo was discontinued in 1985 as a result of the controversy.
[34]

Reliance
Reliance Industries Limited (RIL) (Hindi: ) (BSE: 500325,NSE: RELIANCE, LSE: RIGD) is an Indian conglomerate company headquartered inMumbai, India. The company operates through three business segments: petrochemicals, refining, and oil and gas, other segment of the company includes textile, retail business, special economic zone (SEZ) development and telecom/broadband business. RIL is the largest publicly traded company in India by market capitalization and second-largest [3][4] public corporation in India when ranked by revenue. The company is listed on Fortune Global 500 and Forbes Global 2000.
Contents
[show]

[edit]Prominence In September 2008 Reliance Industries was the only Indian firm featured in the Forbes's list of "world's [5] 100 most respected companies". In 2010 it stood at 13th position in the Platts Top 250 Global Energy [6] Company Rankings. [edit]Products Though the company's petrochemicals, refining, and oil and gas-related operations form the core of its business, other segments of the company include textiles, retail business, telecommunications, and special economic zone (SEZ) development. Reliance Retail has entered into the fresh foods market as Reliance Fresh. [edit]Businesses [edit]Major

subsidiaries and associates

Reliance Life Sciences participates in medical, plant and industrial biotechnology opportunities. Specifically, these relate to biopharmaceuticals, pharmaceuticals, clinical research services, regenerative medicine, molecular medicine, novel therapeutics, biofuels, plant biotechnology, and [7] industrial biotechnology. Reliance Institute of Life Sciences (Rils), established by Dhirubhai Ambani Foundation, is an [8] institution of higher education in various fields of life sciences and related technologies. Reliance Logistics (P) Limited is a single-window solutions provider for transportation, distribution, warehousing, logistics, and supply chain needs, supported by in-house state of the art telematics and [9] telemetry solutions. Reliance Clinical Research Services (RCRS), a contract research organisation (CRO) and wholly owned subsidiary of Reliance Life Sciences, has been set up to provide clinical research services to [10] pharmaceutical, biotechnology, and medical device companies.

Reliance Solar, the solar energy initiative of Reliance, aims to bring solar energy systems and [11] solutions primarily to remote and rural areas and bring about a transformation in the quality of life. Relicord is a stem-cell banking service controlled by Reliance Industries.
[12]

Infotel Broadband is a broadband service provider which gained 4G licensees for operating across [13] India, now it is wholly owned by RIL for 4,800 crore (US$957.6 million).

[edit]Reliance

Industrial Infrastructure Limited


[14]

Reliance Industrial Infrastructure Limited (RIIL) was incorporated in September 1988 as Chembur Patalganga Pipelines Limited, with the main objective being to build and operate cross-country pipelines for transporting petroleum products. The company's name was subsequently changed to CPPL Limited in September 1992, and thereafter to its present name, Reliance Industrial Infrastructure Limited, in March 1994. It has been promoted by Mr. Satyapal Jain and his associates. The company set up a 200millimetre diameter twin pipeline system that connects the Bharat Petroleum refinery at Mahul, Maharashtra, to Reliance's petrochemical complex at Patalaganga, Maharashtra. The pipeline carries petroleum products including naptha and kerosene. It has commissioned facilities like the supervisory control and data acquisition system and the cathodic protection system, a jackwell at River Tapi, and a raw water pipeline system at Hazira. The infrastructure company constructed a 70,000 kilolitre petrochemical product storage and distribution terminal at the Jawaharlal Nehru Port Trust (JNPT) Area in Maharashtra. RIIL is mainly engaged in the business of setting up and operating industrial infrastructure. The company is also engaged in related activities involving leasing and providing services connected with computer software and data processing. [edit]Reliance

Retail

See Reliance Retail Reliance Retail is the retail business wing of the Reliance business. Many brands like Reliance Fresh, Reliance Footprint, Reliance Time Out,Reliance Digital, Reliance Wellness, Reliance Trendz, Reliance Autozone, Reliance Super, Reliance Mart, Reliance iStore, Reliance Home Kitchens, Reliance Market (Cash n Carry) and Reliance Jewel come under the Reliance Retail brand. [edit]Environmental

record

Reliance Industry is the world's largest polyester producer and as a result one of the largest producers of polyester waste in the world. In order to deal with this large amount of waste, they had to create a way to recycle the waste. They operate the largest polyester recycling centre that uses the polyester waste as a filling and stuffing. They developed an innovative recycling process resulting in an award in 'Team [15] Excellence'. Reliance owns world's largest refinery in Jamnagar which is a "zero discharge" refinery. Effluent treatment plants based on the best available technology processes the waste released and convert waste in to usable product. Reliance has also planted more than 5 million trees around this refinery in order to reduce the carbon foot print. [edit]Awards

and recognition

International Refiner of the Year in 2005 at the 23rd Annual Hart's World Refining and Fuels [16] Conference

According to survey conducted by Brand Finance and The Economic Times in 2010, Reliance is the [17] second most valuable brand in India. The Brand Trust Report , 2011 has ranked Reliance industries as the 6th most trusted brand in [18] India.

[edit]Stock Reliance has more than 3 million shareholders, making it one of the world's most widely held stocks. Reliance Industries Ltd has continued to grow since its split in January 2006. On 30 May 2011, Reliance Industry's stock slumped 4% as due to reports that the Central Bureau of Investigation was probing a former upstream regulator for the company's alleged favouring of private[19] sector energy companies. The leaked CAGs draft report affected RILs shares, making the stock [20] descend by 10.5% by 23 June 2011.

Future group
Future Group is an Indian privately held corporation that runs chains of large discount department stores [clarification needed] and warehouse stores.
Contents
[show]

[edit]Businesses Future Group has a number of businesses across the retail, financial and service industries. [edit]Financial Future Capital Holdings Future Generali Future Ventures
[2]

[edit]Services Future Innovercity Future Supply Chains Future Brands

[edit]Joint

Venture Partnerships[clarification needed]


Group

[edit]Generali

Generali is a European insurance company. [edit]Staples

Inc

Staples Inc. is a United States based office supply retailer. [edit]Celio French fashion wear maker [edit]Clark C&J Clark International Ltd. is a UK-based footwear and accessories retailer. The Future Group has entered into a 50:50 joint-venture (JV) to form 'Clarks Future Footwear Ltd.'. The JV launched its first (1,600 sq ft.) stand-alone store in Connaught Place, Delhi on 19 April 2011. The brand seeks to gain a [3] share of the premium segment in this category.

pantaloon

Pantaloon Retail (India) Limited, is a large Indian retailer, part of the Future Group, and operates in multiple retail formats in both, value and lifestyle, segments of the Indian consumer market. Headquartered in Mumbai, the company has over 1,000 stores across 71 cities in India and employs over [2] 30,000 people, and as of 2010, it was the country's largest listed retailer by market capitalization and [3] revenue. the company separated its discount store business, which includes the Big Bazaarhypermarket and the Food Bazaar supermarket businesses, into Future Value Retail Ltd., its wholly owned subsidiary, so [3][4] that the company may be listed independently. The companys brands include Pantaloons, a chain of fashion outlets, Big Bazaar, ahypermarket chain, and Food Bazaar, a supermarket chain. Some of the company's other regional brands include Depot, Shoe Factory, Brand Factory, Blue Sky, aLL, Top 10 and Star and Sitara. A subsidiary company, Home Solutions Retail (India) Limited, operates Home Town, a large-format home solutions store, Collection i, selling home furniture products and E-Zone focussed on catering to the consumer electronics segment.
Contents
[show]

[edit]Lines

of Business

The Pantaloons store at South City Mall, Calcutta.

The company is present across several lines of business which have various formats (stores) Plywood, The Dollar Store (JV) Fashion - Pantaloons, Central, aLL, Brand Factory, Blue Sky, Top 10, Fashion Station, Big Bazaar, Lee Cooper (JV) General Merchandise - Big Bazaar, Shoe Factory, Navras, Electronics Bazaar, Furniture Bazaar, KB'S FAIR PRICE, Food Rite Electronics - eZone, Electronic Bazzaar, STAPLES (JV) Home Improvement - Home Town Furniture - Collection i, Furniture Bazaar, Home Bazaar E-tailing (online shopping) - www.futurebazaar.com Books and music - Depot

Leisure and entertainment - Bowling Co., F123, TGIF (Thank God it's Friday!) Wellness - Star & Sitara, Tulsi Telecom and IT - Gen M, M Bazaar, M-Port, ConvergeM, Future Axiom, T 24, One Mobile (in alliance with TATA Teleservices) Consumer durables - Koryo, Sensei, IPAQ Service - E Care, H Care , Design & Service Malls - Central (Bangalore, Hyderabad, Pune, Mumbai,Kochi, Vadodara, Gurgaon, Indore, Ahmedabad, Thane) Investment and savings - Insurance: ULIP, Pension, Endowment, etc.

[edit]Stock

Information

Listed on: Bombay Stock Exchange, National Stock Exchange Stock Code:

[edit]Company

Timeline

1987 Company incorporated as Manz Wear Private Limited, launch of Pantaloons trouser, Indias first formal trouser brand 1992 An initial public offer (IPO) was made in the month of May. 1997 Pantaloons, Indias family store, launched in Kolkata. 2001 Big Bazaar, Is se sasta aur accha kahi nahin, Indias first hypermarket chain, launched. 2002 Food Bazaar, the supermarket chain, is launched. 2007 Future Group crosses the $1 billion turnover mark.

Hypermarket Big Bazaar Giants Shoprite Star Department store Lifestyle Pantaloons Piramyds Shoppers Stop Trent Entertainment Fame Adlabs Fun Republic Inox PVR

shoper stop
Shoppers Stop is an Indian department store chain promoted by the K Raheja Corp Group (Chandru L [2] Raheja Group), started in the year 1991 with its first store in Andheri, Mumbai Shoppers Stop Ltd has been awarded "the Hall of Fame" and won "the Emerging Market Retailer of the Year Award", by World [3] [4] Retail Congress at Barcelona, on April 10, 2008. Shoppers Stop is listed on the BSE. In 2011, [1] Shoppers Stop had 97 stores in India.
Contents
[show]

[edit]Store

Shoppers Stop is one of the leading retail stores in India. Shoppers Stop began by operating a chain of department stores under the name Shoppers Stop in India. Shoppers Stop has 97 stores across the country (with the latest one being the outlet at Kumar Pacific Mall, Pune) including three airport stores. Shoppers Stop retails a range of branded apparel and private label under the following categories of apparel, footwear, fashion jewellery, leather products, accessories and home products. These are complemented by cafe, food, entertainment, personal care and various beauty related services. Shoppers Stop launched its e-store with delivery across major cities in India in 2008. The website retails all the products available at Shoppers Stop stores, including apparel, cosmetics and accessories.Shoppers Stop opened stores in Amritsar, Bhopal and Aurangabad. [edit]Products Shoppers Stop retails products of domestic and international brands such as Louis Philippe, Pepe, Arrow, BIBA, Gini & Jony, Carbon, Corelle, Magppie [1], Nike, Reebok, LEGO, and Mattel. Shoppers Stop retails merchandise under its own labels, such as STOP, Kashish, LIFE and Vettorio Fratini, Elliza Donatein, Acropolis etc. The company also licensees for Austin Reed (London), an international brand, whos men's and women's outerwear are retailed in India exclusively through the chain. In October 2009, Shoppers Stop has bought the license for merchandising Zoozoo the brand mascot for Vodafone India. [edit]Marketing In April 2008, Shoppers Stop changed its logo and adopted the mantra "Start Something New mantra.And introduced international brands like CK Jeans, Tommy Hilfiger, FCUK, Mustang, Dior across the stores. The focus of the reposition was on the service, ambience upgradation and customer connect. Shoppers Stop connects with the youth audience through adopting the communication routes relevant to youth, up the fashion quotient through merchandising, and create ambience that connects with the mindset. The brand campaign addresses environment-related issues in a youthful, tongue-in-cheek manner. Shoppers Stop as a brand active on social media marketing platforms with Facebook and Twitter to connect with this audience. [edit]Loyalty

program and Co-branded Credit Card

Shoppers Stops has a loyalty program called First Citizen. They also offer a co-branded credit card with Citibank called the First Citizen Citibank Titanium Credit Card for their members. [edit]Merchandising Merchandising opportunities like the launched Zoozoo merchandise and film merchandise. [edit]Shops Shoppers Stop's sister stores are [edit]Crossword

Bookstores

Crossword Bookstores is the largest chain of bookstores in India with 52 branches. Shoppers Stop [5] acquired 100 per cent stake in bookstore chain Crossword. Crossword is positioned as a lifestyle bookstore with their spacious, well laid out stores which encourages customers ease in browsing through the merchandise of books, music, stationary and toys. [edit]HomeStop

HomeStop is premium home furnishings home concept store, which offers products in home decor, furniture and accessories, bath accessories, bedroom furnishings, mattresses, draperies, carpets, modular kitchens and health equipment. [edit]Brio Brio has 20 outlets in select cities. Caf Coffee Day (CCD), the retail division of Amalgamated Bean [6] Coffee Trading (ABCTL), has signed an MoU with Shoppers Stop to run its BRIO outlets. [edit]Desi

Cafe

Desi Caf and their operations have been taken over by Caf Coffee Day (CCD), the retail division of Amalgamated Bean Coffee Trading (ABCTL), has signed an MoU with Shoppers Stop to run its Desi Caf [6] outlets. [edit]HyperCity HyperCity provides customers a wide variety of range of products for shopping in a large and modern retail environment. It offers a contemporary range of products, sourced from both local and international markets. The product range covers: Foods and Grocery, Homeware, Home Entertainment, Hi-Tech, [7] Appliances, Furniture, Sports, Toys & Fashion. [edit]M.A.C. M.A.C. and Shoppers Stop Ltd. entered into a non exclusive retail agreement with cosmetics major Estee Lauder to open up M.A.C. Cosmetics stores in India. M.A.C. Makeup-Art Cosmetics - the professional brand of choice, is the first brand under the Estee lauder Group of Companies portfolio to enter the Indian [8] retail market. Currently there are 20 M.A.C. stores operating [edit]Arcelia Arcelia is a new retail concept aiming at the growing accessories and cosmetics segment, with a strong emphasis on experience and indulgence and primarily caters to discerning women shoppers. It retails [9] cosmetics, fragrances, fine jewelry, footwear, handbags. [edit]MotherCare MotherCare and Shoppers Stop come together to introduce products for infant and toddler care which stocks a variety of products for mother and babies, toddlers and children till eight years of age with the [10] focus being on style, function and safety. The UK-based maternity and kidswear brand has nine [11] standalone and 13 shop-in-shop formats. [edit]Nuance

Group

Nuance Group with Shoppers Stop makes an entry into airport retailing. The alliance is marked with a joint venture with The Nuance Group AG of Switzerland, the worlds leading airport retailer. Shopper's Stop Ltd. is handling the retail operations at the duty free zones in international terminals. The joint venture company, called Nuance Group (India) Private Limited. is operating outlets at the International [12] airports at Bengaluru and Hyderabad. [edit]HyperCity-Argos HyperCity-Argos and Shoppers Stop, the two retail ventures of K Raheja group had signed a memorandum of understanding with UKs leading retail chain Home Retail group to develop the Argos [13] (retailer) retail format stores in India. Two years later, Shoppers Stop Ltd has informed Bombay Stock

Exchange shall wind down and discontinue its catalogue retail operations under the Hypercity-Argos [14] brand. [edit]Timezone Shoppers Stop forayed into the Entertainment sector by acquiring 45% stake in Timezone Entertainment Private Limited which is in the business of setting up and operating Family Entertainment Centres (FECs). [7] It has 5 outlets in Ahmedabad, Hyderabad, Kolkata, Navi Mumbai and Mumbai.

You might also like