• Big Bazaar is an Indian retail chain of hypermarkets,
discount department stores, and grocery stores. • Founded by Kishore Biyani under his parent organization Future Group. • One of the oldest and largest hypermarket chains of India, housing about 300+ stores in over 120 cities and towns across the country. RETAIL STORE OPERATIONS The 5 S’s of retail: • Stock: Cycle, seasonal and safety level of inventory are practiced. • Staff: Well trained & dressed staff of 10,000 employees improves the retail experience. • Space: Hypermarkets (40-45k sq ft), Express format (15-20k sq ft), Super centers (1 lakh sq ft). • Systems: Well trained store mangers to manage store timings, complaints handling, new inventory and security. • Standards: Best products at the best price for people of all classes. STORE DESIGN AND LAYOUT • Planogram design of display providing ample space for motion. • The interior of the store includes ceiling, walls, flooring, displays of bold colors, shelving, lighting & fixtures. • The exterior includes wide store entrance with theft protection and CCTV cameras alongside guards to monitor parking areas. • The atmosphere and ambience is maintained with good lighting, pleasant scent, soft music and bold displays. STORE DESIGN AND LAYOUT VISUAL MERCHANDISING AND DISPLAY • Planogram for visual representations as they provide ample space for motion. • Mannequins, signs and banners with bold colors for guiding shoppers. • Assigned selling potential to every square foot of space. • Tighter inventory control and reduction of out-of- stocks. • Window display with clear price points on larger signs which draws customer attention. MALL MANAGEMENT LEGAL AND ETHICAL ASPECT OF RETAILING MERCHANDISE MANAGEMENT • Big bazaar merchandise includes convenience and impulse goods along with shopping products. • Home decor, food bazaar, electronics, apparels, furniture, star sitara, toys, etc are categories of merchandise available. • Merchandise planning and sourcing with clusters of stores around distribution centers to facilitate frequent replenishment at its stores in a cost effective manner. • Frequent replenishment allows stores to match supply and demand more effectively than the competition HRM IN RETAIL STORE Recruitment procedure: Description of job profile: • Consultancy services • Store manager • Walk inns • HR manager • Employee referrals • Marketing manager • Campus recruitment • Team leader Selection procedure: • Departmental associates • Interviews • Housekeeping and maintenance • Group discussions • Customer help desk • Psychometric tests STORE LOCATION SELECTION • Big bazaar locates its outlet near the commercial area and residential complex’s so that they can cover all their target customers • Modern retail formats into top cities like Mumbai, Pune, Chennai, Delhi, Bangalore, Nagpur, Kolkata, etc. • Tremendous expansion potential into two tier cities in future. • It refrains from high end locations for business which reduces rental budget and provides competitive advantage over competitors. CRM IN RETAIL STORE • Advantage to their customers by giving different and attractive schemes like Wednesday bazaar, 26th Jan and 15th Aug, provide exchange offer for old goods. • They take good care of their customers and frequently offers different and attractive schemes. • Well trained employees at customer help desk to deal with the complaints and queries. • ERP is highly useful in Customer Relationship Management as it helps in providing the best customer services by immediately attending the customer queries and with timely delivery of products. ROLE OF IT IN RETAILING MARKETING & PROMOTION TOOLS & TECHNIQUES USED BY THE STORE • Promotions on T.V., newspapers, Youtube ads, socia media ads, hashtags, google ads. • Below the line promotions by exhibitions, sponsorship activities, public relations. • Price promotion or discounting • Coupons that can be redeemed • Gift with purchase • Money refunds • Loyalty incentives • Point of sales displays like low price Wednesday • Promotional offers like “school jao Khushi Khushi” , “Khushi ki barsaat” , etc. COMPETITIORS