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RETAIL STORE FORMATS & PREMISE IDENTIFICATION

GROUP MEMBERS NAME


PRIYANKA LALWANI ROHIT MEHTA

ROLL NO.
32 35

REMYA THOMAS

56

Criteria for Site Evaluation


Local Demographics

Traffic Flow and Accessibility


Retail Competition

Site Characteristic
Cost Factors

Legal aspects
Trade Area analysis

Retail Trade Area


Balance Customers 15- to 25% of the stores customers. 50-80% of the stores customers.

Retailer Formats for Accessing your Target Market


Retail Formats

Store-Based

Nonstore-Based

Business District

Shopping Centers/Malls

Freestanding

Nontraditional

Street Peddling

Mail-Order

Automated Merchandising Systems

Direct Selling

Interactive TV

Internet

Retail Trading Area Identification


Spotting Techniques: spot customer origins
customer surveys customer records customer activities (contests, sweepstakes)

Demographic data & GIS Vendors


Census Buying Power Index (BPI) Measuring Competition

Types of Leases
Percentage Leases
Fixed Rate Leases Maintenance-increase-recoupment lease Net lease

CASE - STUDY

Formats of Croma outlets:


Croma Stores - 6,000 to 20,000 sq. ft Croma Premium - 4,000 to 6,000 sq. ft

Croma Zip - 800 to 4,000 sq. ft


Croma Kiosk (proposed) - 120 to 250 sq. ft

Types of Premises occupied by Infinity Retail Ltd


High Street Showroom Shopping Malls Airport Duty Free zone shops Seamless store within store

Overview of the store identification to store operation cycle at Croma


Premises Identification Property Team steps in for negotiations Signing of MOU & Agreement with the Landlord / Developer

Store Planning & Merchandising Team starts conceptualizing the store

Procurement Team starts ordering goods required Continued..

Procurement Team starts ordering goods required

Handover of Premises by Landlord / Developer to Infiniti Retail Ltd Projects Team takes over the site to complete Fit outs

New Store Opening (NSO) Team steps in to arrange the merchandise in the store

Operations Team takes charge and ensures smooth working of the store

THANK YOU

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