K Raheja Corporation's: Hypercity, Shoppers Stop, Crossword
K Raheja Corporation's: Hypercity, Shoppers Stop, Crossword
K Raheja Corporation's: Hypercity, Shoppers Stop, Crossword
Presented By:
Keyur Shah( PG-09-95)
Shraddha Goje( PG-09-42)
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• Established in 1956
• K. Raheja Corp. has grown into a multi-dimensional organization in
the fields of Real Estate, Retailing and Hospitality.
• Retail Business
• Shoppers stop Limited
• Hypercity
• InOrbit Malls(India) Private Limited
• Crossword
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Mission :
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Vision:
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There's more to discover
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Composition:
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Organization Structure
GM
STM HO GM
DGM
SOM
SM
TL Associate
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Discover the difference
Speciality Areas
Hassle Free Shopping
Exclusive imported food Clearer aisles
In-store Restaurants Faster check-outs without
24 hr Pharmacy queues
Gaming Zone
Cricket Net
Demo Kitchen
Home Theatre Demo Room
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Location:
The Hypercity was started in 2005.
The Hypercity is located at 4 places with the latest one at Hyderabad.
Malad
Vashi
Jaipur
Hyderabad
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Discovery Club Cards:
This is a kind of membership card which provides points to the customer on
their purchase at Hypercity. Each point is equivalent to a rupee which can be
redeemed on the future purchases.
Discovery Wednesday:
Hypercity provides a special discount on a
wide variety of products on purchase on
every Wednesday.
It is somewhere in line with the Sabse Sasta
Din from Big Bazar and many other
competitors.
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Formats:
“Hypercity's new format “Gourmet CITY” is first true gourmet food store. At
Gourmet CITY one can truly ‘Discover a world of food’.
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Recognition
International Awards
•Gourmet city won accolades as 'Most Innovative New Concept - 2008’
by Plant Retail.
•HyperCITY, Mumbai won The Award of Merit for Large Format
Specialty Store at the United States International Design Awards in New
York on 15th January, 2007.
•HyperCITY was voted as India's top retail store by ‘Retail Week’.
Domestic Awards
•Gourmetcity awarded as "Most Admired Food Retailer of the Year" & "Innovative
Retail Concept".
•Gourmetcity Awarded as "Debutant Retailer of the Year 2008".
•HyperCITY , a recipient of 2008 CIO 100 Award.
•Most Admired Retailer of the Year for Retail Design & Visual Merchandising -
Images India Retail Forum, 2007.
•Star Retailer - Value Retailer of the Year 2007.
•Asia Retail Congress - Reid & Taylor Retailer of The Year (Hypermarket).
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Partners
To bring Indian shoppers a world-class retailing experience, Hypercity has
partnered with the best of class.
JHP JDA
Hypercity has partnered with JHP of Hypercity has deployed best of breed
London for in-store design. technology infrastructure from JDA, which is
the leading global retail technology provider.
Johnson Diversey
Johnson Diversey is a world class & trusted source of Cleaning and Hygiene products and
services.
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Shoppers' Stop Limited is a chain of Retail stores in India
owned by K. Raheja Corp.
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The only Indian Member of IGDS (Intercontinental Group of
Departmental Stores )
Vision
“To be the Global Retailer in India and maintain its No.1
position in the Department Store Category.”
Positioning
“Shoppers’ Stop is positioned as a family store delivering a complete
shopping experience defined by its mission, vision and values.”
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Customer Profile:
Shoppers’ Stop’s customers fall between the age group of 16 years to 35years, the
majority of them being families and young couples with a monthly household income
above Rs. 20000 and an annual spend of Rs.15000. A large number of Non - Resident
Indians visit the shop for cultural clothes in the international environment
they are used to which means people from abroad are also interested in
shopping in Shopper’s stop. Their target customers are upper middle class
and upper class
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Shopper’s Stop is known as multi-Brand retail out let because of their
verity of Products. They offer various products like :
•Apparels
•Accessories
•Toys
•Fragrances
•Beauty Products
•Travelling products
•Home Appliances, etc.
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Distribution
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Supply Chain Management:
Shoppers’ Stop -Streamline its supply chain.
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Strengths
•Pioneer in departmental format
•Loyal customer base(2.5 lakh members who contribute to nearly 65%
of the total sales)
•Low risk and sturdy business model
•Healthy financial position, low gearing
•Presence across retail segments, lifestyle , value and specialty retailing
Weakness
•Competition from standalone specialty stores.
•Late foray into value retailing with 51% stake in promoter owned company
•High spend on store makeovers and interiors to ensure a pleasant shopping
experience
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Opportunities
•Expected 30% CAGR in organized retail to result in better footfall and
conversion rates
•Entry into Tier 2 and Tier 3 cities
•Collaboration with foreign players because of a national brand
•Organised retailing is still in the infancy stage in India so there is a large
scope of establishment
•Strong distribution and logistics network and the supply chain
Threats
•Employee shortage and attrition due to rapid growth in retailing
•Impact of slowdown in consumer spend to be felt on department stores
•Opening up of economy for free entry of foreign players
•Difficult to find the prime location due to increase in real estate prices.
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Overcoming Challenges:
Capitalization on opportunities:
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DIVERSIFICATION
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Source: Company Data
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1Ith April 2008, Shoppers Stop changed its logo and adopted
the mantra "Start Something New".
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Customer Rewards the First Citizen:
International Affiliations:
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The IT Backbone
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Awards and Recognitions for Shoppers Stop
Awarded as the Emerging Retailer of the Year by the World Retail Congress
(WRC) in 2008.
Mr. B.S Nagesh , the Managing Director of the company has been inducted
the retail hall of frame at the WRC.
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Future Plans
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BRAND AMBASSADOR
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"There is more treasure in books than in all the
pirates' loot on Treasure Island…and best of all, you
can enjoy these riches every day of your life."
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In India, shopping for books has always been
thought of as a book-lover's hobby. The
traditional bookstores, with their dreary, dusty
and browser-unfriendly atmosphere, have
discouraged all but the serious book-buyers.
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The Crossword Chain
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Why Named Crossword?
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Vision
“A place and space for people who seek information, knowledge or just the
pleasure of reading.”
Positioning
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Achievements
•Reid & Taylor Award for Best Retailer of the year - Leisure & Specialty at
the India Retail Summit 2005
•Retailer of the Year Award - Leisure (Books, Music and Gifts Category) at
the Images Retail Awards 2007 and 2005.
•6th most admired retailer in India by Business world for the year 2006
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Marketing Policy
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Products
Crossword addresses a wider audience than existing stores with its unique
product mix.
There is the widest range of books for the young and old alike, along with
magazines, CD-ROMs, music, stationery and toys. With its large children's
section and its focus on making the store a friendly, safe, fun-filled place,
Crossword attracts many families who normally don't think of visiting
bookstores.
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SERVICES
right book, the right CD or the right gift for the right occasion.
The Cafes within the stores and the unique store experience.
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AWARD
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Promotional Activities
Crossword Book Rewards Program with points,
discounts, promotional offers and more. 'e Words', a
monthly e-newsletter with reviews of new books,
news about in store events and bestseller lists, is
currently mailed to these Members
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Some Schemes
Contest-
Crossword launched the Crossword Book Award in 1998
to recognize and reward the best of Indian writing. There
was one cash prize of Rs 200,000 in 1998 for the best
original work of fiction in English by an Indian author, and
it was won by Allan Sealy for The Everest Hotel.
Gift Vouchers-
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Market Competition
Physical
1-Land Mark
Online
1-Rediff Books
2-FlipKart
3-Infibeam
4-Oxford Bookstore
5-e-bay India
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Sources:
•www.wikipedia.com
•Khoj 2007
•The Hindu
•www.indiaretailbiz.com
•www.reuters.com
•www.hypercityindia.com
•World Retail Congress 2008-04-10
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THANK YOU
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