Retail Update

School of Retail Management

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We are going places………

Nagold, Zurich,Munich,Paris ….yes…all of them!!!!

Retail Update

TABLE OF CONTENTS

Campus Khabar …………………………………………………………………………………………………….3 Bharti Retail, Kishore Biyani-led Future Group mulling a joint future on retail front....9

Flipkart’s Dabbawala tie-up for last-mile delivery …………………………………….……….…….10

Why retailers like Amazon, Reliance Retail are wooing kirana store…………………………..11

McDonald's to hire 12,000 in India over 5 years……………………………………………………….12 Expanding Retail Footprints.............................................................................................13 Poem:Fancy Lace of Bread……………………………………………………………………………………..14

The importance of naming your emotions…………………………………………………………….. 15

Impulse Quiz.................................................. ...................................................................17 Answers to last week’s quiz...................................................................... .........................18 Retail Crossword…………………………………………………………….……………………………….......19 Answers to last week’s Retail Crossword................................................... .......................21 Visual Treat........................................................ ................................................................22 Job openings......................................................................................................................23 Laugh A while.................................................... ................................................................24

Resource Students:

Abhishek Bijanu, MBA02

Aniket Jadhav, MBA02

Swati Joshi , MBA02

Retail Update

Campus Khabar (Somya Khanna, MBA 02, Noida)

Training at Georgio Armani HQ ,Munich

Our students who went for an

exchange programme at LDT, visited

Zurich (Switzerland) on an

excursion. During their stay in

Germany,they visited Footwear

factory, Ricosta. Exposure to

Malleneo Mall &Spring Festival in

Germany also added to their

experiences..They did a comparative

study of basic stores and luxury retailers.

A training programme was held at

Giorgio Armani HQ at Munich for

these students.This visit was followed by a trip to

Paris.Student visited various popular tourist spots including Eiffel Tower.

Fabulous Friday !

(Parmita Dhar, Senior Faculty, Kolkata)

Kolkata campus had a truly fabulous Friday with students creating tower of dreams and then

learning teamwork through “Show me the way” Students from all batches in FMRM took great

interest in various management games and they came forward and explained their logo.

They also demonstrated their creativity and potential by building various paper towers with the

help of single newspaper. The events conducted not only added to the fun activity but also

explained the importance of having a strong base in the event Tower of Dreams.Importance of

Team work & leadership was highlighted in the event “Show me the Way”.

The entire activity was judged by faculty members Ms.Parmita Dhar , Ms Sweta Nath , Mr Abul

Alam & Ms. Garima Kakkar.

Noida

Campus

Kolkata

Campus

Retail Update

Fabulous Friday - JAM (Sujit Pathak, MBA, Kolkata) An extempore contest (JAM) was conducted on 01/04/2015 among the students of retail in FDDI Kolkata , the contest was Judge by Miss Paromita Dhar & Miss Mahuya Basu (Head of the Department) and supported by other faculties like Mr Mukund Mishra , Mr Partho , Miss Sweta etc. This activity encouraged students to speakup in a group/ public. The top scorer of the contest are:SHREYA DAS -/MBA/FMRM & SUJIT PATHAK - MBA /FMRM

Fabulous Friday!

(Parveen Mann,HOD-Retail, Rohtak) This time Dumb Charades was the most popular activity of fabulous Friday as FDDI Rohtak . The rounds of Dumb Charades were extremely entertaining, with one team having to guess the brand name and the other to act upon that. Faculties of School of Retail Management ensured the successful execution of event. Chocolates and certificates were awarded to winners (IPRM 4th Sem.) in order to boost the morale of the students. The teams were extremely talented and exhibited a fine display of acting and guessing.

Rohtak

Campus

Kolkata

Campus

Retail Update

Budget Session (Parveen Mann,HOD-Retail,Rohtak)

With an objective to make the retail students aware of the inflow and outflow of money in Indian Economy, a deliberation on Budget Session 2015-16 was organized on April 7, 2015 by “School of Retail Management” and the session was briefed by Mr. Rajeev Kumar (Faculty Retail). The video of the budget 2015-2016 was shown in which Hon. Finance Minister Mr. Arun Jaitley read the budget in the parliament. The students understood all the changes made as compared to the previous year’s budget and had undergone mind-boggling exercise to frame certain queries, which were well taken and discussed by the concerned faculty. Towards the end the impact of budget underlined by Sr. journalists and the comments made by eminent personalities of finance were presented in the form of newspaper cuttings.

Industrial Visit (Mahesh Singh, HOD-Retail, Chhindwara)

Students of MBA IInd Semester along with two faculty members,Mr. Vikas Godha-Faculty &

Ms. D Jyothipriya-Faculty,from Fashion Merchandising & Retail Management (FMRM Dept. )

visited Shahi Exports on 17thApril 2015. The vision behind the visit was to give students a practical

understanding of the current scenario of Apparel industry. Fabric & Garment-II is a module of

their current semester and it is important to understand the technicalities involved in the apparel

sector which is directly related to Fashion Merchandising.

Rohtak

Campus

Chhindwara

Campus

Retail Update

Fabulous Friday (Govind Soni, Faculty, Chhindwara) Creativity is on its peak as this time Fabulous Friday team organized a wonderful activity for students of retail management.They had an opportunity to show their divergent thinking under the theme “TOWER OF DREAMS”. Few props like, newspapers, cello tapes, scissors, were given to them. There were 3 objectives which were to be achieved by the students. First, was to signify their team, second, was to name their team and third, was to build the tower with the help of given limited resources. Teams had to create the tallest tower using newspapers & cello tape. No additional material was to be used for tower. The tower had to be free standing and not leaning on anything. 6 teams participated and 50 minutes were given to the overall activity. The team that completed all 3 objectives and constructed the tallest tower under stipulated time limit, considered as winner. There were few guidelines for observing the team like they need to complete the task with minimum available resources and came up with maximum output along with Team Coordination. We congratulate the winning team. Visual Edge 2015

(Mahesh Singh, HOD-Retail, Chhindwara)

Footwear Design & Development Institute (FDDI), Chhindwara, School of Retail Management

organized a Visual Merchandising & Store Layout Competition, under the banner of “Visual Edge -

2015” . FMRM students participated and showcased their sound knowledge & talent of window

display. At this event we saw creativity exploding in every piece of window display. They developed

their window display according to the “Spring Summer” theme with social awareness cause. It was

a wonderful opportunity for the students to think out of the box. The competition gave them a

platform to display vivid ideas and they learned more by interacting with each other and sharing

their preparations.

Chhindwara

Campus

Chhindwara

Campus

Retail Update

Fabulous Friday!

(Govind Soni, Faculty, Chhindwara)

Fabulous Friday team of Chhindwara Campus organised an outdoor activity “SHOW ME THE WAY”. There were eight teams with six members in each team. The event, besides being entertaining, helped students to enhance and develop their leadership skills, coordination, association and decision making. The entire faculty along with the HOD were present to encourage the participants. Team MBA won this activity.

Fabulous Friday! (Heena Purohit, Faculty, Jodhpur) FDDI Jodhpur made a “Fabulous Friday” by organizing an outdoor activity “SHOW ME THE WAY” in super creative way. Students created very innovative obstacles by using thermocols, mugs, buckets, deo bottles, etc. to make it challenging for the opponents. This activity was really helpful in making students understand team spirit and leadership. 8 teams having 6 participants each were formed. The names of the winners are as follows: 1st - Manisha, Manya, Divya, Manish, Rishabh, Divya A. 2nd - Balbir, Monika, Pranay, Vandana, Arnav, Vicky 3rd - Naresh, Nikhil, Akhilesh, Marudhar, Pinky, Pemal

Fashion Show

(Dr Rakesh Kumar, HOD, Retail, Jodhpur) Students of IPRM Semester IV, as a part of the Module - Fashion Accessories, designed Fashion Accessories like hats, belts, bags, footwear, gloves and scarves based on various themes, using eco-friendly products. To motivate and acknowledge their efforts and give them a practical exposure towards the subject, a fashion show was organised on 15 th April, 2015 to display their products. Students of MBA Semester II presented an interesting Mime Act based on how mobile phones are next to oxygen in our lives today. A mesmerizing fusion dance was performed by Sukriti and Vidhushi (B.Des. FMRM) during the event. Mr. A.K. Sharma, Chief Consultant, Retail was present with us to grace this occasion and enlighten the students.

Jodhpur

Campus

Jodhpur

Campus

Chhindwara

Campus

Retail Update

Fabulous Friday! (Sparsh Bansal, IPRM,

Noida)Bounce it high, Bounce it low, Bounce it to, Bounce it fro.

Students of Retail Department,got an opportunity to participate in an

outdoor activity “Feed the Bucket”. In this activity students learnt immense

coordination, team work, quick action and reaction. Winners are Sachin

Mathur, Deepak Kumar, Priyanshi Chopra of IPRM . Mr. N.B. Lal (Faculty)

gave away the prizes to the winning team .

Fabulous Friday!

(Sparsh Bansal, IPRM, Noida)

Dreams can be like charades in which we act out words rather than see or speak them.In another

Friday activity filled with lots of fun, excitement and learning, Fabulous Friday team organised the

game of Dumb Charades. The Charades included the name of movies, brand names, brand taglines

and headlines.

With lots of zeal and passion Megha S Dhar, Sanjay Verma, Dishant Gautam, Gurleen Kaur, from

IPRM stood first and were given movie tickets of Avengers the age of Ultron

Noida

Campus

Retail Update

Bharti Retail, Kishore Biyani-led Future Group mulling a joint future on retail front

(Source: Economic times) Bharti Retail and Kishore Biyani-led Future Group are

said to be in advanced discussions for a possible merger

of their retail businesses in what could lead to the biggest

consolidation in the sector by a wide margin. The talks,

which have been on for several months, gathered

momentum recently.

The plan involves the larger Future Group absorbing Bharti Retail in a largely stock deal. After this, the promoters of Bharti Retail — brothers Sunil, Rakesh and Rajan Mittal — are expected to get a minority stake in the combined entity or in one of the Biyani-promoted entities.

In the past three years, Biyani has streamlined his retail empire into three separately listed entities — Future Retail Ltd, Future Consumer Enterprises Ltd and Future Lifestyle Fashion. The hyper and supermarkets — food and grocery retail chains Big Bazaar, Food Bazaar and Food Hall — are included in listed flagship Future Retail. The convenience stores — Nilgiris, KB's Conveniently Yours, Big Apple and Aadhaar — are part of Future Consumer, also listed. Future Consumer also owns food parks and more than three dozen FMCG brands. Bharti Retail, a wholly owned subsidiary of Bharti Enterprises, runs a chain of 216 hypermarkets, convenience stores and supermarkets under the Easyday brand, concentrated in the northern region and few in south.

The moves highlight the willingness of promoters to take bold, strategic steps at a time the profitability of large retail chains across the country continues to remain under pressure due to higher overhead expenses such as rentals and low product margins.

With annual sales of Rs 14,000 crore, Future Group is the country's second-largest retailer after Reliance and operates 17 million square feet of retail space. Future Retail posted a total income of Rs 7,569 crore with a net profit of Rs 64 crore for the nine months ended December. Future Consumer posted sales of Rs 952 crore in the same period. This excluded Nilgiris, a 140-store chain acquired in November last year. Bharti Retail, which changed its accounting year last fiscal, reported a net loss of Rs 314 crore on revenue of Rs 2,748 crore for the 15 months

More Scale for Future Group Future would get additional scale, along with new platforms to improve throughput for high-margin fashion and FMCG brands. The additional sales will also be at the same backend costs.

If this goes ahead, the deal will be the sixth retail M&A by Biyani in as many years. Bharti's promoters should continue to enjoy the future upside post consolidation even as a junior partner. With Future Group planning to list Big Bazaar separately, analysts feel it could also provide an exit for Bharti in future. A merger could help Future Group synergise in terms of operations, joint sourcing and using Bharti's clout, especially in northern India.

There will be a bloodbath in the retail space both online and offline once e-commerce in FMCG gains prominence.

Retail Update

Flipkart’s Dabbawala tie-up for last-mile delivery (Source-Business Line)

Flipkart, India’s leading e-commerce marketplace, has tied up with the Dabbawalas of Mumbai for last-mile delivery to customers.

The partnership is an effort to explore newer delivery channels and opportunities by partnering with this unique community of experts.

‘Most reliable’

“The Dabbawalas of Mumbai are one of the most reliable and trusted brands in the city. Their unique delivery system has been smooth, reliable and has survived the test of time, even under extreme conditions that are typical of a city like Mumbai.

“We are partnering with them and leveraging this unique expertise to enhance our last mile delivery capabilities” said Neeraj Aggarwal, Senior Director – Last Mile Delivery, Flipkart.

In the initial stage of association, the Dabbawalas (with one union at this stage) will collect Flipkart marketplace shipments from the delivery hubs and deliver it to the customers -- while picking their dabbas. Currently, a partner just for last mile deliveries, the Dabbawalas will not be interacting with the sellers at this stage.

The initial pilot will be for prepaid orders -- rolled out for cash-on-delivery orders as the association expands. The first batch of Dabbawalas has undergone training at Flipkart’s delivery centres. At this stage, they will be using a paper-based tracking system with the idea being to gradually train them on the usage of apps and other wearable tech.

In another attempt to break-away from the traditional operations-heavy logistic method, Flipkart recently launched a crowd-sourced delivery option which aims to connect local sellers and buyers with the help of voluntary delivery personnel, reducing the order to delivery timeline drastically. These delivery personnel are on-boarded onto a specialised Flipkart delivery programme post extensive background verifications and are free to take up Flipkart deliveries as per their convenience.

Lesser checks

This process helps reduce the delivery process checks by enabling these delivery personnel to directly collect the package from the local seller and deliver it to the buyer, managing to reduce the order to delivery time to as little as three to four hours.

This pilot project which is currently operational only for Bangalore sellers and customers should ideally see higher conversions for sellers as well. The service is currently available for shipments of less than ₹5,000 value in Bangalore.

Retail Update

Why retailers like Amazon, Reliance Retail are wooing kirana stores(Source-Economic Times)

Amazon wants kiranas like to serve as delivery points for products purchased on its site. It has also

listed a few kiranas as sellers on its portal. BigBasket.com wants kiranas to sell its private labels.

Reliance Retail is exploring partnerships with local neighbourhood shops to reach consumers

better. Big Bazaar wants them to become its

franchisees to sell its home and fashion products.

The truth is big and online retailers need kiranas

more than the latter needs the former.

Modern trade, which accounts for 7 per cent of

the market size, saw a sharp deceleration in

growth rate to 5.4 per cent in 2014 from 32 per

cent growth in 2012. In comparison, kiranas,

which control 74 per cent of the market, grew 7.1

per cent despite a large base.

Several online grocery stores such as BigBasket, LocalBanya, ZopNow, EkStop, AaramShop,

MyGrahak, VeggiBazaar, Fresh N Daily and Farm2Kitchen are experimenting with different

business and delivery models. Some of these online grocers are hyperlocal, catering to single cities,

sometimes even to only certain neighbourhoods of a city.

Stumped by the challenges of scaling up the competitive grocery business, online grocery retailers

have begun following in the footsteps of Kishore Biyani, India's largest modern retailer, to seek

partnerships from kirana, or traditional grocers, to scale up their businesses. "We have 700-800

kirana stores who are our partners; we have invested in training them," Biyani says.

The idea is to simplify last-mile distribution and kirana stores are the closest channel to

consumers. "We also want them to source merchandise from us so that quality is maintained and

at the same time it boosts our B2B segment," says Vipul Parekh, co-founder of Big-Basket.com.

Amazon India kicked of pilots in April last year using kirana stores as entrepreneur-partners

across the city to serve as its delivery points.

But why is everyone seeking partnerships with kiranas? Scaling up an e-grocery business is capital-

intensive, venture capitalists say. And partnerships help scale up faster and with less investment.

Online consumers in India are deal-seeking value-hunters. But trade margins are already low

leaving little room for discounts. Therefore, convenience and availability of niche products may be

the only reasons to buy consumer staples online. This is where kiranas can help the others. They

are closes to consumers and can reach them faster and cheaper, but it's low-cost, last-mile

connection to the consumer and his knowledge of servicing the Indian family is something unique

to the kirana. This is why the humble, ubiquitous kirana will remain the first among equals in the

retail ecosystem.

Retail Update

McDonald's to hire 12,000 in India over 5 years (Source-PressReader)

McDonald’s is on a hiring spree in India.

The world’s largest chain of hamburger fast food restaurants plans to hire at least 12,000 people in the country in the next five years.

Also, as competition hots up due to the entry of global burger giants such as Burger King, Fatburger, Johnny Rockets and Carl’s Jr, McDonald’s is devising strategies to retain talent by proving value- added benefits such as support for higher education, international training modules and unique career enhancement opportunities.

Driven by aggressive plans to open new restaurants in the country, the company plans to double its headcount across levels.

“With plans to open 175250 restaurants with an average employee strength of 40-50, we will hire between 8,000-12,000 employees in the next 3-5 years,” said Seema Arora Nambiar, senior director, people resources, Hardcastle Restaurants, which handles McDonald’s business in southern and western India.

PASS THE QUIZ & GET THE JOB!!!(Neha Mishra, MBA, Rohtak)

McDonalds has a vigorous recruitment procedure in which applicants must pass a 23 question

multiple choice quiz online.Questions range from those any job seeker would expect to be asked

during an interview, to long winded scenarios.When asked why they have decided to apply for a job

at Macca’s, applicants have the option of selecting “it’ll make my parents happy” or “it’s easy to get

a job at Macca’s”.More convoluted questions are also included in what appears to be an attempt to

determine an applicant’s personality.

One puzzling question asks applicants: “You find you have some time available to cook, what you

do?” Response which makes the best impression: “Make a meal you are very familiar with”, “grab a

cook book or download a new recipe to follow or “be creative and experiment with whatever you

find in the kitchen.

The answer listed for one question, which describes a scenario in which a man trips and spills his

shopping on the floor, differ only minutely. They include immediately helping the man, asking if he

needs help and ‘let the man know the same thing has happened to you and offer any assistance he

needs.

When compared to KFC’s online recruitment process, which also includes a 30 question quiz,

McDonalds’ process appears far more intricate and less direct.

Retail Update

Expanding Retail Footprints

Zomato starts online food ordering

service in Delhi, NCR

(Source-Economic Times)

Croma set for 10 additional stores in FY 16

(Source-Indian Retailing)

Salman Khan promoted Being Human to make its

debut at UK's Selfridges stores

(Source-Economic Times)

Being Human becomes the first apparel brand to enter in Selfridges.

MTR plans online store this year (Source-India Times)

Virat Kohli to invest 90 cr, set up chain of gyms (Source-India Times)

US based textile company Nextt to

introduce its brands to Indian

market soon

(Source-Economic Times)

Retail Update

Fancy lace of bread! - (A bitter tour of Shoplifters)

(Megha Rana, MBA, Rohtak)

Who wants to be a thief? Or a burglar?

The situations or the greed?

Who wants the name being bad or filthy reed?

Why certainty arises with so much of need?

Is this the only way out to judge such thee?

No one wants to start with the bad keys!

Trust me even devils wants to be named in viceroy

No one yes no one want the wrong paths to bridge upon

Bt at times situation does yes THE SITUATIONS

No good path force them to assert a solution

Yes a solution a forceful necessity of helplessness

The chain of misfortune connects with this fancy world

Yes the fancy shinning world of these nards.

The misfortune that not to be even compared

The misfortune of being just the better

The misfortune of no money even to have butter

The misfortune of no good clothes even to cover

The misfortune of no one n suppression

Yes that suppression takes over the depression

Yes the depression of being born with nothing

The depression of having the body of nudity

The cycle of compulsion with no good impression

The depression of nothing but the help of the bad

God made no one bad it’s just the situation of theirs sad

Yes one more thing no one wants to be called bad!

Retail Update

The importance of naming your emotions

(Source-The Hindu) (By-Tony Schwartz)

How are you feeling?” Those are four deceptively simple words that my colleagues and I regularly use to begin our meetings and training sessions at other organisations. People ask the question to each other, one at a time. We don’t mean “How are you?” or even “How are you doing?” because the rote responses to these questions are usually some version of “Fine.” What we mean is, “How are you really feeling?”

Although our emotional state profoundly influences the quality of our work, many of us aren’t aware of how we’re feeling at any given

moment or what its impact may be. Most employers don’t give emotions much attention either, preferring that we discard them in the morning so that they don’t get in the way during the workday.

Unfortunately for those employers, we aren’t machines. We’re human beings.

Think about how you feel when you’re performing at your best. What adjectives come to mind? After asking this question to thousands of people over the years, the answers have been remarkably consistent.

At our best we feel positive, happy, confident, calm, focused, enthusiastic, open and optimistic. That’s when we’re most productive and get along best with others.

At our worst we typically experience the opposite feelings: negativity, unhappiness, self-doubt, impatience, irritability, defensiveness and pessimism. Our sense of value feels at risk, our vision narrows and our energy gets consumed in self-protection.

Imagine that you sense a serious threat to your physical well-being lurking in the shadows. Then you’re asked to solve a complex problem. How will you perform? In this “fight or flight” state, you would struggle to think clearly or imaginatively, and it would be difficult to collaborate effectively. Most of us move along the spectrum between our best and our worst all day long, depending on what’s going on around us.

The most prevalent unexpressed emotions in the workplace revolve around suffering. It’s not that suffering is a modern phenomenon or that it’s the only thing we feel at work. What seems to have changed is the pervasive impact of increased demand in our lives, leading to anxiety, uncertainty and a sense of being overwhelmed?

So what’s the value of getting people to express what they’re actually feeling? Naming our emotions tends to diffuse their charge and lessen the burden they create. The psychologist Dan Siegel refers to this practice as “name it to tame it.”

Retail Update

It’s also true that we can’t change what we don’t notice. Denying or avoiding feelings doesn’t make them go away, nor does it lessen their impact on us, even if it’s unconscious.

Noticing and naming emotions gives us the chance to take a step back and choose what to do with them. Emotions are simply a form of energy, forever seeking expression. Paradoxically, sharing what we’re feeling in simple terms helps us to better contain and manage even the most difficult emotions.

By naming them out loud, we effectively take responsibility for them, making it less likely that they will spill out at the expense of others during the workday.

Several weeks ago one of my colleagues was working with a group of senior leaders for whom asking “How are you feeling?” was way outside their comfort zone.

As it turned out, the first person who was asked how he was feeling responded, “Actually, I’m feeling kind of anxious and distracted. I just heard this morning that the roof of my house completely collapsed last night and my wife and children were inside.”

Thankfully, no one was hurt, but is there any doubt that sharing this news and his concerns was healthy and appropriate, not least because it was such a significant event? The impact on one of his colleagues was transformational. He had been highly sceptical about the value of sharing feelings, which he usually kept close to the vest.

“It just dawned on me,” he told his colleagues, “how much likely goes unsaid between us and what the cost of holding that in must be.”

As the chief executive of my company, I’m acutely aware that whatever I happen to be feeling at work is disproportionately contagious, for better and worse. Mostly I’ve learned to simply notice my emotions without feeling compelled to act on them.

To my chagrin, I still have occasions when negative emotions rise up in me without my realising it. The impact shows up in the tone of my voice or my choice of words, and my solution has been to turn to colleagues for help.

I’ve asked that, any time they sense that I might be feeling negative emotions; they simply ask me , “How are you feeling?” That’s usually all it takes for me to notice. Once I’ve noticed, I’m almost always able to manage whatever is going on inside me more gracefully.

So how are you feeling?

Retail Update

i-MPULSE- A Retail quiz for YOU

(Abhishek Bijanu, MBA02 , Noida & Pranshu Dixit, DFMRM07, Noida)

Q.1 Vatika Group entered into an agreement with which multiplex operator to open

and operate 26 screens in Gurgaon, Jaipur & Ambala?

Q.2 What is e-Mavericks?

Q.3 Name the new range Titan is going to

market in a tie-up with group company

Tata Ceramics Ltd.

Q.4 Name the first Indian apparel brand to have its store in UK's premium

department store Selfridges.

Q.5 Name the cricketer & its venture that has put in investment as seed funding in a

mobile phone-based beauty and wellness

platform Vyomo.

Q.6 Name the online portal with which

Godrej's nature basket has tied up to sell

its product online.

Q.7 What is Kirana Now?

Q. 8 Which online retailer was raided by

Maharashtra Food and Drug Administration for

selling prescription drugs like Viagra on its site?

Q.9 What is MYSTERY SHOPPING TEST of

Amazon?

Q.10 TATA group has entered online grocery retailing by launching its online site.

Name that online site.

Mail your answers to stimulusretail@gmail.com before 07-05-

2015. Check out the answers in the next issue!

Retail Update

Answers to last i-mpulse Retail Quiz

(Best entries received from Somya Khanna MBA02, Aniket Jadhav MBA02,Sparsh

Bansal IPRM, Shivangee Sahay B.Des, Akshay Gupta MBA02, Abhishek Pratap

Singh NCERT, Neha Thakur MBA FMRM ROHTAK, Sonakshi Jain MBA02 NOIDA,

Shweta Yadav MBA02, Reeja Raveendran IPRM, Sonal Sharma MBA02, Tushar

Shah B.Des, NOIDA Congratulations !)

RETAILOGY

(Sonakshi Jain, MBA02 & Abhishek Bijanu, MBA02, NOIDA)

Click and Collect - This is a service wherein retailers enable shoppers to purchase items online and pick them up in their physical stores. Like Bricks and Clicks, Click and Collect stores put the better of two channels (ecommerce + physical retail) together.

Open to Buy - Merchandise budgeted for purchase during a certain time period that has not yet been ordered. It is also the process of planning merchandise sales and purchases.

Planogram - This is a visual representation that shows how merchandise should be arranged on store shelves in order to drive more sales. It’s a model that indicates the best placement and positioning of your merchandise. Planogramming is a skill used in merchandising and retail space planning.

Triple Net Lease or Net-Net-Net (NNN) - A rental agreement on a commercial property where the tenant agrees to pay all real estate taxes, building insurance, and maintenance on the property, in addition to the rent and other fees that may be added to the lease.

1) Mahindra two wheelers 2) Loversforsalad.Com 3) Pizza Hut and KFC

4) SPG Keyless allows guests to use their smartphone as a key (through

Bluetooth and SPG app) It allows guests to unlock their room with a simple tap

of their smartphone.

5) McDonalds

6) 83rd

7) Google Express, formerly Google Shopping Express, is a same-day shopping

service ("shop local stores online and get items delivered on the same day")

8) Worldofmoms.com

9. A pickup and delivery model of Amazon specially made for Indian market.

10. This couple has been known as Burger-King since they were in the fifth grade

together, in New Berlin, Illinois.

Retail Update

Retail Crossword

( Sidhant Harshwardhan, B.Des & Abhishek Bijanu, MBA 02,Noida)

Retail Update

Clues

Mail your solutions to stimulusretail@gmail.com before

07-05-2015. Check out the solutions in the next issue!

Retail Update

Answers To Last edition's crossword

(Best entries received from Aniket Jadha MBA02, Reeja Raveendran IPRM , Sonal

Sharma MBA02 Congratulations !!)

ACROSS:

3. GIONEE

4. SNAPDEAL

8. ALIBABA

9. UBER

10. GAP

12. ARVINDBRANDS

15. TELANGANA

16. XIAOMI

17. SHOPCLUES

18. FLIPKART

DOWN:

1. WOODLAND

2. DELL

5. AQUAGAURD

6. YUVRAJSINGH

7. FOODPANDA

8. AMAZON

11. FABINDIA

13. RUPEEPOWER

14. TATA

Retail Update

(Aniket Jadhav, MBA 02, Noida)

VISUAL

TREAT

Retail Update

JOB OPENINGS (Source: Alumni & Internet)

(Shweta Yadav,MBA 02, Noida)

Merchandiser / Assistant

Manager –Merchandising

(Laguna Clothing Pvt Ltd)

Salary: 2,00,000 - 6,00,000

P.A. + Bonus & Profit Sharing

Location:

Bengaluru/Bangalore

Job Description:

Co-ordinating with Sampling Department & ensuring on time

deliveries of Samples as part of business

development. Costing negotiations

& Closure with

customer on new orders

100% adherence to T & A & direct interaction with

Customer for updates

Desired Candidate Profile

Education:

UG: B.Tech/B.E. - Textile, Other Specialization, Textile, Other Specialization, Textile, Other Specialization, Textile, Other Specialization PG: M.Tech - Textile, Other Engineering, Textile.

Company Profile:

Laguna Clothing is MNC

manufacturing and exporting high end formal shirts for top international

brands.

Contact Details:

Fashionunited.com

Store Manager (Bata India Ltd)

Salary: Not mentioned Experience : 2-6 Years

Key Skills:

Young and Energetic. Flair for customer service, operations and fashion.

Excellent business skills.

Desired Candidate Profile: Graduation/ Retail degree.

MBA is desirable Company Profile:

Bata India Limited the Company was incorporated at Calcutta. The Company Manufacture and market of all types of footwear, footwear components,

leather and products allied to footwear trade.

Contact Detail: Ph. No. :- 1800-419-2282

URL: http://bata.in/

RETAIL MERCHANDISER (APPAREL/LEATHER ACCESSORIES)

Min Exp:-2 years to 5 years Raymond Bangalore Location

FOOTWEAR QUALITY EXECUTIVE

Min Exp:- 2 years Raymond Chennai Location

FOOTWEAR LEATHER TRACER OFFICER Min Exp:- 1 year

Raymond Chennai Location

Contact Detail:

@ ali.janbaz@raymond.in Ph. No - 7022029055

Retail Update

LAUGH A WHILE (Animesh Vyas,MBA02,Noida)

Retail Update

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