• September 19, 2018 /  Retail

    Reliance Retail, a subsidiary of Mukesh Ambani run Reliance Industries Limited (RIL), plans to roll out multiple cash-and-carry format stores for wholesale business across the country, after getting an encouraging response from the first such store launched in the city of Ahmedabad. With this initiative, Reliance Retail hopes to offer numerous national and international brands to small traders across the country and, at the same time, propel the growth of its consumer-focused business in the coming years.
    Eyeing multilateral growth in its retail processes, Reliance Retail has put in place a new management team to steer the course of next phase of growth for the retail subsidiary. It has roped in top executives from Wal-Mart China, Rob Cissell and Shawn Gray to take over as chief executive officer (CEO) and chief operating officer (COO) of the Reliance Retail business respectively. Their principle role will be to turn around the retail business of Mukesh Ambani led subsidiary and make it profitable within the next two years. Major focus will be put on FMCG, consumer electronics and durables business and more significantly on the cash-and-carry segment. The cash-and-carry segment in India is a relatively small fraction of modern trade and there is a huge opportunity for the cash-and-carry model to grow in the Indian organized retail sector.
    Reliance Retail has been the aggressively pursuing major changes in its business structure. Mukesh Ambani, addressing his shareholders at the 37th AGM 2011, stated that the next phase of growth for RIL will be derived from its subsidiary businesses, especially retail, telecom and financial services. Asserting that Reliance Retail has already become the largest food retailer in India, Mukesh Ambani noted that all the specialty formats of Reliance Retail will attain top positions in their respective segments in next two years.
    Reliance Retail is expecting to see its same-store sales increase by almost 20 per cent in the FY 2011. This anticipation is riding on the back of steady consumer spending over the last year; negating any adverse affects that can be rendered as result of present economic conditions.

  • September 12, 2018 /  Retail

    Would you like to work in the retail industry? If you possess any of the following skills apply now!

    Some of the main duties for a general position in the retail industry in a shop such as a department store or a boutique, working as a sales assistant will require the following skills:-

    Ability to interact well with people.
    Greet customers and ensure their needs are met.
    To offer help and assistance in locating/obtaining a particular product make/size/model.
    To make recommendations, such as, to place an order or to call another store regarding the item required if its out of stock and place the order for the customer.
    To make recommendations regarding the product/merchandise.
    Provide gift-wrapping and packing services.
    To be able to use a cash register efficiently and ensure vouchers, coupons and cash are kept in order.
    Process cash/credit payments.
    Answer questions and queries.
    Keep the environment clean/tidy (wipe down counters/shelves).

    It is essential to maintain as much knowledge as possible regarding sales and promotions whilst also ensuring that you know what the companys policies and procedures are regarding exchanging/payment of goods.

    Always maintain all essential security regulations are met.

    Depending on the product sometimes it will be necessary to provide a demonstration of its use or operation and give advice on the maintenance of the item(s).

    Other duties may involve:-
    Maintaining the stores sales records.
    Balancing the cash register and making deposits.
    Pricing items correctly and visibly.
    Creating attractive displays to promote the companys sales.
    Preparing sales slips and contracts.
    Making delivery arrangements.
    Selling insurance and service policies for goods purchased.
    Having the ability to stock take.
    Being aware and knowledgeable regarding security threats and keeping an eye out for theft.

    Whether you decide to work for a large department store or a corner shop or even a small boutique on the high street, the job role for a retailer is endless and full of career opportunities too. There is always plenty of overtime on offer and flexibility regarding hours of work.

  • How Retail Display Racks Assist In Increasing Profits

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    September 6, 2018 /  Retail

    No matter how competitive your prices or how good your products are, without a good display, you won’t sell as much. You will have higher profits when you use good looking and functional retail display racks. When you have things well-displayed, your customers will be able to see and find what they are looking for. Naturally, this will lead to more sales. If your customers enjoy their shopping experience, they will stay in your store longer. This means more sales and more profits for you.

    Understandably, you want your choice of retail display racks to match your decor and image and to put your merchandise on display to its best advantage. Jeans sell well when they are folded neatly on display shelves so customers can find the size they want easily. It is also easier to keep your store tidy all day and get organized at close of business. Depending upon your space, you can get metal display racks that stand on their own or attached to the wall. You can use a combination of the two to make the best use of space and create a range of display options.

    The use of portable rolling racks would work well for special sales or during the holiday season also. These are nice for sidewalk sales, clearance discounts, or whenever you need extra space. When not being used, the racks can be moved into a storage area or used to hold new merchandise that is waiting to be displayed on the sales floor. Every store should have a couple of portable rolling racks available. You can avoid missing opportunities for additional sales by having portable rolling racks.

    Retail display racks help to reduce losses and this is another means by which they add to your bottom line. You can deter thieves by setting up your merchandise in a way that makes it easier for your staff to keep an eye on it. Having a well designed floor plan for your store and display racks can discourage shoplifters from hitting your store at all.

    In essence, having retail display racks can increase profits as your customers will shop longer if merchandise is attractively and conveniently displayed, you can hold and stock more merchandise, and shoplifting will be held to a minimum. It’s a good idea to create your floor plan and choose appropriate retail display racks with these thoughts in mind.

  • How Retail Integrated E-commerce Aids Businesses

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    August 29, 2018 /  Retail

    Having an online store as well as a physical store has been beneficial to many businesses and suppliers; customers and retailers are able to easily browse a wider selection of goods that might not be offered in a local brick-and-mortar store. In effect, sales have increased; as much as 46% of retailers buy more from brands and wholesalers that sell online.

    Not only is shopping online easier, but the search capabilities that sites – and search engines – have to offer reduces the time spent trying to find the specific merchandise or goods needed. Customers and retailers can then compare suppliers to figure out pricing, shipping, and selection; they can make the proper choice to fit their specific business needs to maximize profits. In addition, retailers and customers do not have to visit the brand’s distribution center in person, which saves time and money if they are located on the other side of the country. Plus, retailers and suppliers are able to reach a wider audience by having an online store and the capability to ship across country.

    Another thing that makes retail integrated e-commerce important is the information that can be generated and how it can affect the amount of stock kept on hand. By comparing the sales of the virtual store to the sales in store, then retailers can determine how much of a product needs to be stocked on location. Increased online orders can lead to additional sales in the brick-and-mortar stores, due to increased stock availability. Plus, online orders that turn into in-store pick-ups can boost traffic to the physical establishment. Retailers are able to better track demand by watching the trends of their sales and comparing them, as well as better utilizing their inventory space while increasing the inventory turnover rate; businesses can run more efficiently.

    Retail integrated e-commerce allows brands and retailers to transfer sales seamlessly. All data and records on sales are automatically saved to the databases, so businesses can derive detailed information quickly, leading to better business decisions. For businesses starting out and researching a retail integrated e-commerce solution, a company like Infigra e-commerce can help by providing the expertise and the online platform you need to buy and sell quickly and easily.

  • Retail Inventory Management 101

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    August 17, 2018 /  Retail

    The retail industry can be competitive and one of the biggest challenges for retail owners is managing the store’s inventory. Businesses need warehouses to store a wide range of products, each with a different variety. If retail stores do not carry enough stock of a product, they are losing potential customers who will then just shop elsewhere. You will need to employ an effective retail inventory management strategy if you plan to be successful at your business.

    Retail inventory is probably one of the most complex types of inventory management, mainly because of the quantities required. In retail management, businesses need to be keenly aware of all the pieces of merchandise they need to carry. Furthermore, it can be difficult to maintain the right number of any particular item at any given time.

    Retail inventory management involves processes and methods used to keep track of the stock in retail businesses. Retail inventory management should never be the job of any one person but should be divided into departments and classified accordingly. For instance, an individual may be assigned each for ordering, shipping, receiving, tracking inventory, retail turn-over, and storage. Retail inventory management can help keep a business’ profit margin steady as well reduce theft and inventory loss.

    The appropriate retail inventory management practice is synonymous to exceptional revenues, while poor retail management spells disaster. Most businesses use some form of computer software or an automated system to manage their inventory. Unless the retail store is a very small one, doing it all manually would be very impractical, especially for very large companies dealing with tens of thousands of items.

    Retail inventory management also enables retail store owners and supply chain managers to predict over- and understocked items. When demand projections fail, the next best solution is to still sell items to the customer. This is true even if you incur a slight operating loss. By selling to the customer at a discount, customer-business relationships are built, and the business is saved from additional carrying loss incurred with other reverse logistics processes.

    Finally, take note that the truth about retail inventory management is that you cannot sell what you cannot find for the customer. Failing to maintain an accurate locator system can have the same impact on your sales as physical shrinkage via theft or damage. Real-time maintenance of an inventory control system is critical to success.

  • Market Your Goods with Retail Packaging Solutions

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    July 25, 2018 /  Retail

    Times have changed and this change is noticed in the way consumers act nowadays. Due to such changes in buying trends and behaviors, retailers and manufacturers must be at pace with the customer’s requirements and demands. This means that in this fast-paced modern day life there are more products on offer for the consumer to buy.

    Due to the changes in the manner in which products are arranged, retail packaging too should change. This enhancement is required to ensure that the product will be delivered efficiently to the target customers. Consumers too today expect improved packaging from the manufacturers. This indicates businesses could not rest on their laurels as their competitors could steal away buyers.

    Are you facing a tough time fulfilling the deadlines and other business activities? Is it taking a toll on the packaging workloads? It is increasingly easy to send goods to consumers when resort to apt supply chain solutions for order generation,order fulfillment, packaging and shipping items. Furthermore, you can outsource your retail packaging requirements from an eminent service provider. This allows you to comfortably sit and monitor from your desktop.

    Innovative Retail Packaging Solutions

    Leading solution providers of retail packaging offers the following services to their clients:-

    1. Promises loss prevention

    2. Averts losses from shipping mistakes

    3. Reduces inventory overheads

    4. Cuts down the number of outdated goods

    Entrepreneurs and business houses can attain maximum flexibility in production schedules and product profiling. Furthermore, they can clear up their resources comprising valuable space that retail packaging solutions that are customized to cater to the clients needs. Eminent market players in this category offers on-site custom labeling, automated source tagging and bar coding options. This allows an organization to get their products packaged the way it wants to i.e. shrink-wrapped, hand assembled or make use of the eco-friendly blister packaging that makes use of less fuel to reach the user.

    When you partner with an efficient service provider retail packaging becomes seamless and helps in:-

    1. Enhanced productivity

    2. Quicker market time

    3. Cost minimizations

    4. Bring down total inventory cost

    5. IP (intellectual property) protection

    6. Cut freight costs and lower time to market

    To few retail packaging might appear to be daunting while to other it might appear overly encased by any normal standard. However, retail packaging today has become an essential part in marketing a product and its brand image efficiently. Marketing an enterprise with retail packaging is not a fresh tactic bit rather has evolved over the years incredibly.

    Learn more about :Retail Distribution

  • Powerful Point of Sale Software and POS Software Retail Solutions

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    July 16, 2018 /  Retail

    Being in line at a department store with faulty POS software can be frustrating. An effective point of sale software integrated with other systems can elevate those frustrations. Learn more about POS software. Most POS software retail systems can be found in stores with large quantities of inventory and merchandise. The POS software tracks sales transactions. The system can trace the amount of inventory on hand.

    Point of sale software can be a powerful tool for management and employees. Retailers and companies are always looking for advanced software. They are looking for more innovative ways to manage their business.

    Technology advances everyday with new POS software designed yearly. Retailers are searching for software that can manage their business processes cost efficiently. They want accuracy, speed, and reliability.

    POS software retail systems can be configured and deployed to most retail businesses. Retailers are constantly seeking effective ways to organize and manage business. The solution is reliable POS software.

    When you are looking for better ways to increase sales; evaluate the effectiveness of your management and POS system. If profits are low and customers seem to disappear, there is a problem.

    It maybe the type of management and POS system the retailer has implemented. You want to be able be integrated with POS software system for all levels of management. Reliability is ensured on all levels. Look for certain features in POS software retail systems. Management – POS software comes with different features. Important features include the system configuration and management.

    Management features of point of sale software are needed to manage customers and suppliers. Cash and inventory management are other important features. The features must be reliable and flexible. The management – POS system can make a company or break it. For instance, if a retail store has a slow system; customers are not going to be satisfied. Lines will be slow and customers will not be happy.

    An efficient and effective POS software system in retail stores today can increase sales. Employees are able to serve customers with tremendous amount of speed. Customers will be happy with less waiting. The proper training is needed with most management systems and POS software. Training and certification is available. Managers, IT, employees and head office management need proper training.

    Keep in mind that not all POS software has the same features. There is some software that can’t be integrated with other systems. Make sure your management system and POS software is powerful and reliable.

    About Us: Infinity Retail Management System is a highly sophisticated business management solution designed for retailers to increase profits. The system is an integrated software system including a Head Office, Back Office and Point of Sales. In a box you can use Infinity RMS to increase your sales, profits margins, and grow your business. Learn more about this powerful retail management system tool at .

  • Appu Ghar Retail Mall Jaipur Call Us @ 09999561111

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    July 13, 2018 /  Retail

    Appu Ghar Retail Mall is a commercial project that is being launched at Daulatpur Toll Plaza, Jaipur by International Amusement Limited (IAL). This new commercial project will be constructed under Jaipur Mega Tourism City. Appu Ghar Retail Mall will be the next exclusive commercial project of this group that enjoys excellent connectivity and has all sorts of facilities for entertainment. In this retail mall, several of top national and multinational brands have been finalized for shopping, popular multiplex, clubs, pubs, food court. Showroom Spaces of 500 sq. ft. to 1733 sq. ft. are available for sale with assured return.

    Sprawling over 20 acres, Appu Ghar Retail Mall Jaipur will offer several of the options for shopping, dinning & entertainment. Bowling alleys, club, pubs, health club and multiplex will be the part of this commercial project with several other brand names. Appu Ghar Retail Mall Jaipur will be a masterpiece that will have all the nostalgic ingredients of its glorious past. Amusement park is also there, which will include unique and exhilarating rides from the top international manufactures. Water Park, facilities for aqua sports and so much more will be there to explore with your family.

    Apart from this, there are 6D Theatres, Haunted House, Kids Play Area, Indoor Amusement Rides, golf area and much more to entertain full family. It is an amusing place where your dreams come true and you live your moments to the fullest extent. Be it your casual visit, family outing, picnic or anything else, every member will find a suitable option of entertainment for themselves. If you are a brand lover, then this place will be nothing lesser than heaven. Seamless shopping experience and uniformity with clear cut category of product and services in different clusters can be found here. Following are few highly appreciated features of this commercial project:

    “Surveillance Camera
    “Parking Space
    “Security Personnel
    “Surveillance Camera
    “Intercom Facility
    “Fire Alarm
    “Lift

    Established in 1984, International Amusement Limited (IAL) had started and is well reckoned as a real estate developer. Working around the unique concepts of real estate business is the main USP of this group. IAL Group has successfully executed construction and operation of Amusement Parks, Water Parks, Family Entertainment Centers and Food Courts.

  • Experience Online Retail Therapy

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    July 12, 2018 /  Retail

    Are you a shopaholic? Is retail therapy as must for you every month or once in few months? And for that have been shopping online? If you havent then you are certainly missing out something. The world is a virtual global sphere. Traders from one part of the country can reach the shoppers and customers situated miles away. Not only that. Even if you are stationed locally, most fashion and retail brands are introducing their online websites for online sales. The idea is to allow you to shop within the comfort zone of your house, and select the goods at your ease.

    Over the past few years online shopping has gained the desired momentum that it aimed for years back. The catalyst in this has been the development and innovation in information technology and increase in computer literacy. Today customers are eager to buy products from online sites, that include clothes, healthcare and edible products which otherwise was bought being physically present in the store. At the same time the websites too are expanding and incorporating the products and goods that the common mass requires. The other advantage is most websites try and make the delivery charges free.

    Online shopping in India is a huge industry today and is growing with every single day. The objective that most online traders have is to be able to trade regionally as well as nationally. In order to sustain through the competition and gain a competitive advantage, successful online shopping websites keep their product prices exactly the same as it is in the local retail outlets. At the same time, zero delivery charges attracts more buyers, as people realize had they bought the same product from the city malls they would have to incur a basic conveyance expense. Online shopping hence saves your precious money and time, and allows you to compare products and their price at a lesser time.

    For book lovers, buying books online is no more an alternative. It is rather an obvious choice with some great online book shopping sites coming up. These sites sell books of all kinds that include the best sellers, classics, novels, autobiographies, drama, literary compilations, sci-fi, spiritual, occult, travel, beauty, health and child care and many others. In case, a particular book is not available, then customers are informed about it online and notified on the availability. In addition to that, easy payment methods such as cash on delivery have increased the growth of shopping websites in India.

  • Shoppers Stop Ltd. Retail – Company Profile, Swot & Financial Report

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    July 11, 2018 /  Retail

    Shoppers Stop Ltd. : Retail – Company Profile, SWOT & Financial Report” contains in depth information and data about the company and its operations. The profile contains a company overview, key facts,major products and services, SWOT analysis, business description, company history, key competitors, financial analysis, mergers & acquisitions, recent developments, key employees, company locations and subsidiaries as well as employee biographies.( )
    Summary
    This report is a crucial resource for industry executives and anyone looking to access key information about “Shoppers Stop Ltd.”
    The report utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format. Canadean strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report.

    Scope
    Examines and identifies key information and issues about “Shoppers Stop Ltd.” for business intelligence requirements.
    Studies and presents the company’s strengths, weaknesses, opportunities (growth potential) and threats (competition). Strategic and operational business information is objectively reported.
    Provides data on company financial performance.
    The profile also contains information on business operations, company history, major products and services, key employees, locations and subsidiaries.

    Reasons To Buy
    Quickly enhance your understanding of “Shoppers Stop Ltd.”
    Gain insight into the marketplace and a better understanding of internal and external factors which could impact the industry.
    Increase business/sales activities by understanding your competitors businesses better.
    Recognize potential partnerships and suppliers.

    Key Highlights
    Shoppers Stop Ltd. (Shoppers Stop) operates departmental stores across India. The product portfolio includes apparel, footwear, perfumes, cosmetics, jewelry, leather products, accessories, home products, books, music and toys. The company also provides services such as gift services, loyalty cards and credit card. It offers products through various store formats including Shoppers Stop, HomeStop, Crossword, Mothercare, Este Lauder, Hypercity, TimeZone, MoAoC and Clinique. As of July 2012, the company operated 239 stores across various cities in India. Furthermore, the company through its joint venture, Nuance Group India Pvt. Ltd. (NGIPL), operates duty free stores in Bangalore International Airport. Shoppers Stop is headquartered in Mumbai, Maharashtra, India.

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