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Babita Choudhary 13
Babita Choudhary 13
Report on
Submitted
Roll No. 13
PGDM Retail (2014-2016)
Lifestyle is
an Indian fashion
retailer
chain
promoted
by
the Landmark Group. It started in the year 1999 with its first store in
located in Chennai. It has rapidly grown to a major retail store in
India. Lifestyle Stores is headquartered at Bangalore, Karnataka. It
now operates in 26 major cities of India with more than 43 stores.
style,
comfort
and
individuality.
Ladies fashion
Mens fashion
Footwear
Kids fashion
Lifestyle
ADDRESS:
Phoenix Mall
462, SenapatiBapat Marg, Lower Parel (West), Mumbai, Maharashtra
400013
Phone:022 4333 9994
Timing: Mon-Sun 11:00AM-9:30PM hrs.
floor
area is
3,300,000
square
feet
Shoe, Bottega
In-house brands sell more than the other brands available in the
Mens Fashion
style.
Core collection for all the brands has greater depth i.e. 18-20 pieces
Kids Fashion
In kids section the in-house brands beat the other brands, the major
Lifestyle
eyewear etc
They directly have vendors supplying products to the store and the
timely basis and also when a new product is launched in the market.
For cosmetics lip category sell the most across all brands.
Ad-on plays a major role in increasing the sale and basket size for
The Lifestyle in high street phoenix has around 200 employees, with
an average of 2 employees per brand in some concepts. As
mentioned before, the five concepts has well trained employees.
The store has brand staff for every brand other than the private
labels. The private labels are given the most space in the store and
has maximum number of employees. All the employees undergo a
training session and all of them are well versed with their brand.
The timing for each employee is given as 9 am even though the
store opens at 11am. Before the shutters are opened for the general
public, the employees have a routine they have to follow.
The employees have a back entrance from which they enter the
store.
They
have
to
do
register
entry
and
keep
their
day
of
sale.
Almost
all
employees
have
the
same
duties/regimes.
customer complaint.
Monitor and resolve all customer issues efficiently.
Assist customers to various departments according to inquiries.
Keep a check on customers to prevent shoplifting.
Display the merchandise on shelves, gondolas, etc.
Almost all the brand staff maintains a register that has the following:
Stock units sold
MRP of the stock unit
Stock sold and MRP of the competitor brand
Visual Merchandising
Visual Merchandising is the art of displaying merchandise in a
manner that is appealing to the eyes of the customer.
In lifestyle, the in-house brands are given a planogram from the
corporate office for all the concepts that describe what, when and
how the merchandise has to be displayed.
Other brands do not have a planogram they have to stick to, rather
they have guidelines for the same, but they can change how the
merchandise is displayed. For example, a new collection t-shirt of
Forca did not move as it was folded and kept on the shelves. The
In men's wear, the formal wear brands like Louis Philip, Arrow, Van
Heusen follow color coding from lighter to darker horizontally. In the
casual wear, the brands make use of the mannequins to increase
In bags, the high end brands i.eHidesign, Guess etc are placed next
to In house brands to increase visibility.
The specific type of design they have?( For example most questions
faced by the staff about the specific design is the HARUM PANTS