CASH & CARRY. By Kajal Dhawan
|
|
- Sophie Cummings
- 5 years ago
- Views:
Transcription
1 CASH & CARRY By Kajal Dhawan
2 Cash & Carry is to wholesale what a hypermarket is to retail, the difference being in the customer. Cash & Carry (C&C) is an organised wholesale setup where the customer is not the end user, but a business (e.g. a kirana store, a restaurant, a hotel or an institution) that needs to purchase commodities in bulk, with the further objective of selling or servicing its customers, the end-users. WHOLESALE TRADE OVERVIEW India s geography is dotted with millions of kirana stores and vegetable vendors, be it in village interiors, or in the cities and bustling metros, and for years these have serviced the daily needs of the average Indian customer, rich or poor. To feed these stores and vendors, wholesale trade has flourished across all regions. But the trade has been fragmented and monopolistic, with the wholesale trader often holding in essential goods in order to create artificial shortages in the market and then selling goods later at inflated prices. Government regulations have helped evolve better practices but inefficiencies and lack of competition have left this sector largely unorganised. With the advent of the large retail formats in India a new trend started, where the retail chains started purchasing directly from the manufacturer, negotiating better buying terms on volume purchase, especially in the FMCG sector, thus eliminating the intermediary, the wholesaler, from the distribution cycle. CASH & CARRY ENTERS INDIA In 2003, a new, modern, wholesale format the Cash & Carry was introduced into India by the world leader in self-service wholesale the Metro Group, the third largest trading and retailing group in the world. 100% FDI permitted in Cash & Carry (wholesale) The Indian government permits single-brand international retailers to own a majority stake in a joint venture with a local partner, but multi-brand retailers are only permitted to operate through franchisees and licencees, or a Cash & Carry wholesale model. Hence, 100% FDI is permitted in the Cash & Carry (wholesale) format with the stipulation that the goods be sold only to registered business customers holding a valid sales tax/vat number. METRO CASH & CARRY Metro Cash & Carry started operations in India with two distribution centres in Bangalore. Offering over 18,000 articles at the best wholesale prices for hotels, restaurants, caterers, food and non-food Traders, Institutional buyers and professionals, these Centres offered the benefit of quality products at the best wholesale price to over 150,000 businesses in Bangalore. The Metro stores offer a wide array of over 8,000 food items. These include among other things: dairy, frozen & bakery, fresh fish & sea foods, meat, general grocery, canned foods, confectionary, beverages, wines & spirits, detergents, and cleaning materials, health & beauty products, dried fruits, nuts and tobacco. In the non food category, the store offers over 10,000 items that include: office equipment, media/accessories, home electrics, home improvement, household & kitchen articles, home decoration/ seasonal articles, home textiles, ladies wear, menswear, childrenwear, sports goods, toys, luggage, shoes and leather goods. The company also has its own brands spread across several 296 INDIA RETAIL REPORT 2009
3 SPECIAL FOCUS B2B Formats Metro s C&C business model caters solely to business customers. Cash & Carry means that the customers pick the goods themselves, pay in cash and transport their goods with their own vehicles. categories of food and non food items. These are very popular across the globe. In India, the brands that are currently available are: Aro, Quality, Lambertazzi, Sigma, Tarrington House, Alaska, Active, Authentic and Varesa. Metro s C&C business model caters solely to business customers. Cash & Carry means that the customers pick the goods themselves, pay in cash and transport their goods with their own vehicles. The advantages to a trader shopping from a whloesaler such as Metro vis-a-vis conventional wholesale route are many: 1. Price - Large volumes purchased from manufacturer give Metro a price advantage they can pass on to their customer. Also, the modern IT enabled format allows operational efficiencies that reduce costs, giving it business stability and allowing it to offer better prices. 2. Availabilty - Timely availability of stock allows flexibility to the retailer to purchase in quantities he needs instead of stocking up and blocking his funds. 3. Variety and depth of merchandise - 18,000 goods on offer at the C&C offers one-stop shopping for wholesale goods to the retailer who can then save precious business hours instead of going from trader to trader in search of variety of goods. 4. Open all days - Extended business hours of the stores, open 7 days a week, from 6am to 10pm offer tremendous convenience to the retailer. 5. Quality Assurance - Stringent quality systems and modern storage technology including cold storage ensures that the buyer gets the best international standard quality products at all times. 6. Convenience - Huge free parking space is another service that a buyer enjoys. After sales service, weekly offers, efficient billing systems, quality storebrands offered at lowest prices add more value to this format giving wholesale business a completely new dimension in today s retail scenario. With four stores already operational in Bangalore, Hyderabad, Kolkatta and Mumbai, Metro today is poised to extend its concept of Business to Business (B2B) wholesale to other cities in the country. The company is also planning to set up collection centres in rural areas close to the farmers to ensure better access and control over quality in their fresh produce supply chain and to do away with intermediaries. The proposed centres will be around 2,000 sq ft in size, having adequate storage facilities. They will also handle packaging and transportation of fresh produce to the stores. SHOPRITE HOLDINGS LTD Shoprite is one of the leading retailers of South Africa having 1,240 outlets in 16 countries worldwide. It entered India in 2004, setting up a Cash & Carry wholesale operation and franchised its first Shoprite Hyper to Nirmal Lifestyle Group in Mumbai. ATTRACTIVENESS OF THIS SECTOR FOR DOMESTIC & INTERNATIONAL PLAYERS Government regulation & policy - 100% FDI in retail is permitted by the Indian Government only in the Cash & Carry (wholesale) sector, making this format very attractive for an international retailer to make its entry into the Indian retail market. INDIA RETAIL REPORT
4 Huge market size The US$ 332 billion Indian retail pie made up of the kiranas, small retailers and the large retail chains represents a huge business opportunity for the Cash & Carry wholesalers. Untapped market in organised wholesale - German retail major, Metro is the only established player in the Cash & Carry segment in India with foir stores catering to limited regions. A few other retailers have also diversified into this sector, but are yet to establish themselves geographically. Potential in the fresh foods wholesale market The fresh produce wholesale market in India, especially for perishable fresh foods like fruits, vegetables and meat, lacks cold chain facilities; it is estimated that 40% of the total produce, enroute from the farmer to the retailer, gets wasted. Therein lies the opportunity for an organised player with sophisticated supply chain systems to enter as a wholesaler of fresh produce. INTERNATIONAL PLAYERS IN THE CASH & CARRY WHOLESALE BUSINESS IN INDIA Wal-Mart enters India In November 2006, the world s largest retailer, Wal-Mart, made its entry into the Indian retail market via the Cash & Carry (wholesale) route. The company set up a 50: 50 joint venture, Bharti-Wal-Mart Private Limited, with India s leading telecom major, Bharti Enterprises - to start a chain of Cash & Carry (wholesale) stores in India. The C&C venture will run on the same basic concepts as Metro, investing in a sound supply chain, supporting farmers directly, minimizing costs by controlling wastages and maximizing price advantage for its customers. The size of the facilities will vary between 50,000 and 100,000 square feet, depending on the availability of real estate. The merchandise will be both food and non-food, selling a wide rage of fruits, vegetables, groceries, clothing, consumer durables and other general merchandise items. The (B2B) venture will serve kirana stores, fruit and vegetable vendors, restaurants and other businesses. It will also supply to retailers such as Bharti Retail. The joint venture company has already set up a distribution centre spread over 1,00,000 sq ft in Punjab. The company plans to make the stores operational by the end of 2008 or beginning of 2009 by setting up its first store in the northern region and then gradually expanding pan India. High real estate costs, opposition from the unorganised sector, infrastructure bottlenecks and lack of trained manpower are some of the issues that are challenging the company in its fasttrack growth today. The new wholesale outlets, wholly owned by Tesco, will source directly from farmers and manufacturers and supply to small retailers, restaurants, hypermarkets. Tesco comes to India Tesco Plc - the leading UK retailer with sales of over $99.5 billion, recently announced its plans to enter the Indian market with a Cash & Carry business, committing an initial investment of 60 million pounds to be invested over a period of two years. Tesco has 3,729 stores worldwide and employs over 440,000 people across 13 countries. The new wholesale outlets, wholly owned by Tesco, will source directly from farmers and manufacturers and supply to small retailers, restaurants, hypermarkets and other businesses. Tesco has also signed an exclusive franchise agreement with Tata Group Company, Trent. 298 INDIA RETAIL REPORT 2009
5 SPECIAL FOCUS B2B Formats The tie-up will allow Trent access to Tesco s retail and technical expertise in areas like supply chain management, IT, cold chain management, stock management and front-end services to develop its hypermarket business, Star Bazaar. Tesco s Cash & Carry wholesale will also supply quality merchandise to Star Bazaar. Carrefour plans an entry After Metro, Shoprite, Wal-Mart and Tesco it is the turn of the French retail behemoth - Carrefour, the world s second largest retailer, to make its entry into the Indian retail market. Restricted by the India FDI legislation, it too has chosen to enter via the Cash & Carry route. Carrefour, like the other international retailers, has already established a presence in India through its sourcing business. For its retail venture, it has registered two companies in India; Carrefour Wholesale Cash & Carry India Pvt Ltd, and Carrefour India Master Franchise Company Pvt. Ltd. It plans to open its Cash & Carry business in 2009, with stores planned across suburbs of Delhi, Bangalore, Mumbai and Chennai initially. It also plans to enter into a franchise agreement with a local Indian partner to start its retail stores in India around the same time as its Cash & Carry stores come up. With 154 Cash & Carry stores spread worldwide, Carrefour has a definite advantage of global experience to increase its chances of succeeding in the diverse Indian market. There is also a probability that Carrefour will out-source its back-end services to a business partner instead of creating its own logistics supply chain in India. Leveraging on its local sourcing strength, around 90% of the products sold in Carrefour in India will be sourced from India itself giving a boost to the local economy and paving the way for the internationalisation of hundreds of local suppliers that can then hope to make an easy entry into the export market. Also, having understood the Indian consumer preference for low-priced, value-formoney products, it plans to offer, mainly, its private label products, giving it a competitive edge in pricing and a higher profit margin in business. Gloria Jean s entry into Cash & Carry US based coffee chain major Gloria Jean s Coffees, having more than 770 outlets across 30 countries, entered into a master franchisee agreement with The man famous for bringing renowned international brands such as Jimmy Choo, Tommy Hilfiger, Gucci and Calvin Klien to India plans to invest in a Cash & Carry wholesale business now. Citymax Hospitality (India) in December 2007 to set up coffee outlets across India; Citymax is part of the Dubai based retail giant, the Landmark Group. The company plans to set up a wholly-owned Cash & Carry subsidiary in India that will sell coffee beans, merchandise and equipment to its master franchisee, much like the Wal- Mart - Bharti proposed venture in India. Vijay Murjani to invest in Cash & Carry The man, famous for bringing renowned international brands such as Jimmy Choo, Tommy Hilfiger, Gucci and Calvin Klien to India plans to invest in a Cash & Carry wholesale business now. DOMESTIC RETAILERS GO THE CASH & CARRY WAY While international leaders accelerate their entry into the Indian retail market through the Cash & Carry route as a means to understand the Indian market and to prepare a strategy for entry into Indian retail as FDI norms get relaxed, the domestic players have heated up their plans to try out this modern wholesale format as a means of expanding their businesses and taking a bigger pie of the market as retail continues to grow exponentially in the organised sector. INDIA RETAIL REPORT
6 Videocon firms up plans Videocon, the consumer durables major, is venturing into the Cash & Carry (wholesale) business with plans to open 60 Bolld Cash & Carry stores over the next three years. With an investment of Rs.2,000 crore earmarked for the wholesale venture, Sunil Mehta, of Videocon Industries is heading the new division as CEO. Mumbai, Hyderabad, Bangalore, Jaipur and Delhi are the cities where the group plans to set up six stores initially, of sizes ranging from 1 to 1.5 lakh square feet. Offices will be set up in Mumbai and Delhi to run the business. With a merchandise spread based on the same lines as Metro, ranging from groceries, apparel to consumer durables and electronics, including its own company brands, Videocon plans to get a competitive edge over its international and domestic competitors by leveraging the strong supply chain of its consumer durables business to its advantage. Based on a sound pricing strategy of providing the customers value-for-money products, the Company expects the Bolld Cash & Carry business to contribute Rs.10,000 crore to overall sales turnover in the next four years. Wadhawan group considers Cash & Carry Famous for its Spinach brand of retail stores, Wadhawan group too may be considering a foray in this segment. According to speculation, achieving economies of scale by increasing the supply base, thereby reducing logistics costs and increasing bargaining power may well be the reasons for a step in this direction. Reliance Cash & Carry rollout experimentation with different formats and regions continues! Moving with the times, Reliance sees an opportunity in the wholesale market for its own mega front-end retail plans as well as for tapping the smaller retailers of the country. There are plans to set up Reliance Town Centres in small towns with populations of 1 to 4.5 lakhs that will double up as Cash & Carry and entertainment malls - selling everything from furnishings to building materials and healthcare to families doing their weekly shopping or small retailers looking for merchandise for their stores. The company sees a market for such formats beyond the 70 big cities of India and plans are afoot to open 400 such centres across India, starting with Punjab and Haryana. RRL also plans to open 200 wholesale stores by next year that will sell fresh farm produce to small shopkeepers, vendors and hawkers. The company already operates such stores by the name of Ranger Farm Stores in Hyderabad, Punjab and Jaipur that supply to its Reliance Fresh chain. 50 stores are planned in the next three months, with 200 by March These stores will be 2000 sq ft in size and they will source directly from farmers. Indiabulls hooked to expansion Doing well in the western region of Gujarat with its lifestyle and convenience stores, Indiabulls Retail is planning to open its first Cash & Carry outlet in Ahmedabad by the end of 2008, with 4-5 Cash & Carry outlets planned in other cities for the year The company aspires to grow big in this segment, expecting 25% of its total revenues to come from this sector eventually. The group has an advantage over the other large chains in the area of real estate space as the group company, India Bulls Real Estate, is developing thousands of acres of real estate across the country that can be used, to its advantage, for the growth of its retail venture. It is also looking at replicating the successful Sam s Club retail format of Wal-Mart that works on the principles of membership. Tata Group already in it The Tata Group has already made a foray into this sector with its subsidiary Khet-Se Agriproduce, a 50:50 joint venture of Tata Chemicals with Ireland s Total Produce Plc, Europe s largest fresh produce company. Started in 2007, Khet Se Agriproduce is a supply and distribution company for fresh farm produce. Currently, the Company has set up one Distribution Centre (DC) in Punjab with another to open in Mumbai by end of this year, along with two Cash & Carry stores (3,000 4,000 sq ft) running in 300 INDIA RETAIL REPORT 2009
7 SPECIAL FOCUS B2B Formats Ludhiana. The distribution centre has facility for sorting, grading and packing of all fresh produce along with four ripening chambers of 10mt capacity each and four cold storages of 25mt capacity each. Khet Se stores only cater to registered B2B customers such as organised retailers, small retailers and institutional buyers comprising hotels, restaurants and caterers. Future Group in restructuring mode Changing market dynamics have pushed all retailers, big and small, to reconsider their expansion plans and profit models. The Future Group too is said to be working on a plan to split Big Bazaar, the country s largest hypermarket format, which gives the company around 63% of its revenues, into two entities; front-end retail format and the back-end supply chain and logistics support operation. For the latter, the company is said to be scouting around for a suitable joint venture partner, possibly an international Cash & Carry retailer of the likes of Carrefour and CostCo. It is said that the company plans to completely integrate the back-end operations across all its formats such as Big Bazaar, Food Bazaar, Home Solutions and KB s Fair Price shops, hence the need for an experienced business partner that can handle business, projected to be worth Rs.18,000 crore by Investments brought in by the foreign partner could be another major incentive for the Group to consider joint partnership at this point. BOLLD Videocon has entered the Cash & Carry segment with its Bolld Cash & Carry B2B format. The company plans to set up 40 Bolld Stores by The store size planned is 1,00,000 to 1,500,000 sq ft. The stores will deal in all categories, ranging from apparel, food, consumer durables, electronics to general merchandise. The store will stock private label along with branded merchandise, across all categories. Initially five stores will be set up across Ahmedabad, Bangalore, Hyderabad, Jaipur, and Pune at an investment of Rs 400 crores, expected to become operational by March Bolld will leverage on Videocon s existing logistics and distribution setup, that runs its own fleet of transport vehicles across India, to achieve immediate efficiencies in its own supply chain. Expecting to achieve a turnover of US$ 2.5 billion from this business, the company is not planning to rope in any foreign partner in the business like other companies have done. Vishal Retail chalks out a strategy With an ambitious target set for opening of 500 stores across India by 2011, Vishal Retail is all set to expand into different formats of retailing, be it hypermarkets, specialist stores or Cash & Carry. The company is working out its strategy and expects to start operations of its cash & Carry business within this year itself. The tenacity with which this company has grown, especially in the tier II cities, adopting technologies and best practices to its advantage as it grew; it has shown its business maturity and capability to sustain itself in a crowded market place. They just might lead the way in Cash & Carry while others still plan! CONCLUSION Cash & Carry can become a single window of purchase for vendors, in categories such as grocery, food, fresh produce, FMCG etc - especially convenient for local small retailers and vendors who purchase frequently and in small quantity. There are hardly any established organised players as yet in this huge market and with current FDI norms of the Indian government in retail sector encouraging the entry of big unternational players into the Indian market via this route, it has aroused the interest of the domestic retailers and they too are drawing out there plans to capture a share of this market. The next few years will see plenty of activity in this opportunity sector with domestic and international retailers all experimenting with this format. Eventually, the market will consolidate into 3-4 major players taking a major share of the Cash & Carry pie. INDIA RETAIL REPORT
More the More Merrier A. Kumar.
More the merrier Aditya Birla Retail, part of the AV Birla Group, is pressing ahead with aggressive expansion plans, rolling out hundreds of outlets of its chain of supermarkets and hypermarkets. A report
More informationF U R N I T U R E. October
F U R N I T U R E www.ibef.org The Indian Furniture market is worth about US$ 8 billion Constitutes 0.5% of GDP Employs 300,000 people Highly unorganised only about 15% in organised sector India s Furniture
More informationSteinhoff: is bigger better?
Dirk van Vlaanderen - Associate Portfolio Manager From its humble beginnings in the 1960s - when German founder, Bruno Steinhoff, began sourcing Eastern European furniture for import to Western Europe
More informationLocations in Chinese Retail Industry
David F. Miller Center For Retailing Education and Research International Retailing Education and Training (IRET ) Locations in Chinese Retail Industry David F. Miller Center For Retailing Education and
More informationNestlé Investor Seminar
Nestlé Investor Seminar BOB FLAHERTY V.P. of Wal Wal Mart Global Business Nestlé USA Nestlé Investor Seminar - Vevey June 8-9, 2005 Disclaimer This presentation contains forward looking statements which
More informationMETRO GROUP continues operational improvement trend in 2014/15
15 December 2015 1/11 METRO GROUP continues operational improvement trend in 2014/15 EBIT before special items totalling 1,511 million, influenced by the negative impact of exchange rate effects amounting
More information«Magnit» retail chain
«Magnit» retail chain About us Company mission: We work hard to increase the prosperity of our customers by minimising their expenses on quality consumer goods through effecient use of the company s resources,
More informationRECRUITMENT BROCHURE OWN A HOMETOWN STORE IN YOUR HOME TOWN
RECRUITMENT BROCHURE OWN A HOMETOWN STORE IN YOUR HOME TOWN BECOME PART OF THE SEARS TEAM TODAY ABOUT US Sears Canada Inc. is a Canadian multi-channel retailer headquartered in Toronto, Ontario. The Company
More informationStrategic Trends in Global Retailing What it means for Latin America s retailers
Strategic Trends in Global Retailing What it means for Latin America s retailers ALAS 2003 Acapulco, Nov 2003 Ira Kalish Global Director What about the business environment? Expect slow growth in developed
More informationRetailer Presentation
Retailer Presentation Contents Retailer Summary Seven & I Holdings Banners include: Strategy Management Structure Countries of Operation Global Retail Index Financial Information Key Formats SWOT Summary
More informationBRIDGES, FLYOVERS AND ELEVATED MRTS STRUCTURES
2016 Edition BRIDGES, FLYOVERS AND ELEVATED MRTS STRUCTURES Trends, Outlook and Projections Research Report Data-set (Excel) Four Quarterly Updates India Infrastructure Research www.indiainfrastructure.com
More informationTesco in Asia November 2008
Tesco in Asia November 2008 Tesco in China Ken Towle, CEO Agenda China a recap How are we doing? Tesco China Strategy A quality, fast-growth business Tesco Operating Model provides the platform Regional
More informationLuis Amaral Entrepreneurship
Luis Amaral Entrepreneurship November 2017 Eurocash. The Power of Modern Entrepreneur. 1 1. Where I started? Just an ordinary CV 1984: Graduate of Management at Catolica-Lisbon, School of Business & Economics
More informationCONSUMER BRANDS GROUP
CONSUMER BRANDS GROUP AARON M. ERTER PRESIDENT CONSUMER BRANDS GROUP Forward Looking Statement The presentations today will contain certain forward looking statements," as defined under U.S. federal securities
More informationRetail space for lease? Take a closer look at the coin laundry business.
Retail space for lease? Take a closer look at the coin laundry business. Introducing a collaborative program to fill vacancies with a Wascomat Commercial Laundry Center, a world-class, reliable and innovative
More informationSteinhoff International, MARKUS JOOSTE HISTORY AND DEVELOPMENT OF STEINHOFF
Steinhoff International, MARKUS JOOSTE HISTORY AND DEVELOPMENT OF STEINHOFF WELCOME 2 HISTORY: STEINHOFF INVOLVED IN HOUSEHOLD GOODS TRADING SINCE 1963 1963-1990: Sourcing in the East for the West City:
More informationMarks and spencer aims and objectives
Marks and spencer aims and objectives Aims and Objectives An aim of a business is the purpose of the business. The aims are what Marks and Spencer is trying to achieve in the long term. All business has
More informationGlobal Home Textiles and Furnishings Market: Trends and Opportunities ( ) October 2014
Global Home Textiles and Furnishings Market: Trends and Opportunities (2014-2019) October 2014 Global Home Textiles and Furnishings Market Scope of the Report The report titled Global Home Textiles and
More informationUpdate - Home Improvement
12 August 2014 Update - Home Improvement Woolworths Limited (Woolworths) today provided an update to the market on its Home Improvement business. Key points Update on financial results with losses in FY14
More informationRETAIL TRADE AS AN ACTOR IN BALANCED SPATIAL PLANNING AND SUSTAINABLE DEVELOPMENT
AS AN ACTOR IN BALANCED SPATIAL PLANNING AND SUSTAINABLE DEVELOPMENT OVERVIEW OF THE CARREFOUR GROUP Gerard Castrie, Marketing director of Carrefour (France) 1 Discover the Carrefour group The Carrefour
More informationMAY 2018 INDIA URBAN DEVELOPMENT GATEWAY FRAMEWORK OF
MAY 2018 INDIA URBAN DEVELOPMENT GATEWAY FRAMEWORK OF India's E-WASTE WASTE CATEGORIES E-WASTE SNAPSHOT IN INDIA Municipal solid waste Commercial and residential waste generated in municipal or notified
More informationProspects and Opportunities for the Dutch Fire Safety Sector in Bangladesh
Prospects and Opportunities for the Dutch Fire Safety Sector in Bangladesh Report written by Mott MacDonald on behalf of The Netherlands Embassy in Dhaka, Bangladesh and Netherlands Enterprise Agency (RVO.nl).
More informationThe gateway to Asia s home living
The gateway to Asia s home living 28-31.8.2019 www.intertextilehome.com The Asia s leading trade platform The 24 th edition of Intertextile Shanghai Home Textiles in 2018 showcased the home textiles trends
More informationSurabaya Retail Market Report
Research & Research Forecast Report & Forecast Report 2H 2013 Retail 2nd Half 2013 Retail Market Report Accelerating success. Contents Supply 3 Performance 5 Asking Rental Rates 6 Concluding Thoughts 7
More informationSuzuki Motorcycle India Pvt. Ltd., Gurgaon
industry Lucas TVS, Chennai Lucas TVS was established in 1962 as Joint Venture between Lucas Plc. UK and TVS Group, India. Providing complete system solutions in Auto Electricals, specialized motors for
More informationCompany Profile. The company has grown Multifold in terms of business volumes, customer base etc. with the goodwill it has earned from its customers.
1. Introduction Company Profile Ashapuri Refrigeration Services is an Engineering Company founded in year 2012 by Mr. Nandkishor kotkar, a Technocrat with 26 years of marvelous experience in the Refrigeration
More informationHeating December 2008
International Market Strategy Topics Czech Republic CEZ Group's Consolidated Net Profits in Q1-3 France SOFATH Aquired by DE DIETRICH REMEHA Italy MTS Rebrands in 2009 Japan DAIKIN Looks for Acquisitions
More informationV S CARREFOUR VS WAL-MART IN CHINA TWO DIFFERENT MODELS NAZIR MOULAN & MAXIME WASSELIN CASE
V S CASE CARREFOUR VS WAL-MART IN CHINA TWO DIFFERENT MODELS DATE 30.11.2010 GROUP NAZIR MOULAN & MAXIME WASSELIN 1 Summary I. COMPANIES PRESENTATION II. COMPETITIVE PRESENTATION 1. CUSTOMERS 2. SUPPLIERS
More informationTrust through proximity Progress requires a high-performance infrastructure.
Trust through proximity Progress requires a high-performance infrastructure. Home to nearly 8.5 million people, Bangalore is India s third-largest metropolitan area. Called the Silicon Valley of India
More informationTerm-End Examination December, 2012 MFM-033 : RETAILING AND MARKETING STRATEGIES
No. of Printed Pages : 8 MFM-033 M.A. IN FASHION RETAIL MANAGEMENT (MAFRM) Term-End Examination December, 2012 MFM-033 : RETAILING AND MARKETING STRATEGIES Time : 3 hours Maximum Marks : 100 Note : (i)
More informationHOMEGROWN QUALITY FOOD
HOMEGROWN QUALITY FOOD An Irish Success Story Founded in Cork by the Musgrave brothers, Thomas and Stuart in 1876, Musgrave is one of Ireland s largest and most successful companies. A family owned business
More informationLEON HASSON ET FRERE. Presentation of the Company
LEON HASSON ET FRERE Presentation of the Company AGENDA ABOUT US RETAIL OUTLETS BRANDS DISTRIBUTION OPPORTUNITIES ABOUT US OUR FOUNDERS LEON & ACHER HASSON WHO WE ARE The Leon Hasson & Frere Group has
More informationPre-seen case study for Strategic level examinations Papers E3, P3 and F3. For examinations in May 2014 and September 2014
Pre-seen case study for Strategic level examinations Papers E3, P3 and F3 For examinations in May 2014 and September 2014 PRE-SEEN MATERIAL, PROVIDED IN ADVANCE FOR PREPARATION AND STUDY FOR THE EXAMINATIONS
More informationPersistent Systems Limited, Pune
commercial spaces Persistent Systems Limited, Pune Persistent Systems is a global company specializing in software product and technology services, headquartered at Pune. They have used Bajaj Luminaires
More informationReflex Group. chains in the region namely Carrefour and Hyper Panda as well as Geant & The Sultan Center.
2 ABOUT US Reflex Group REFLEX follows a vertical business model, primarily dealing in Fashion apparel and accessories. We tightly control the supply chain hence can provide our partners with great value.
More informationBen Gordon Chief Executive
Interim Results 18 th November, 2009 Ben Gordon Chief Executive Performance highlights Group sales +7.9% to 387.3m Group network sales up 13.6% to 549.1m Group underlying profit before tax +11.1% to 10.0m
More informationELECTRONIC WASTE. It is a point of concern considering that many components of such equipment are considered toxic and are not biodegradable.
ELECTRONIC WASTE Electronic waste, "e-waste" or "Waste Electrical and Electronic Equipment" ("WEEE") is a waste consisting of any broken or unwanted electrical or electronic appliance. It is a point of
More informationINVESTOR NEWS /16
Düsseldorf, 14.12.2016 1/8 INVESTOR NEWS 1-2015/16 METRO GROUP meets sales and earnings targets in financial year 2015/16 EBIT from continuing operations before special items reaches 1,560 million (2014/15:
More information«Magnit» retail chain
«Magnit» retail chain About us Company mission: We work hard to increase the prosperity of our customers by minimising their expenses on quality consumer goods through effecient use of the company s resources,
More information«Magnit» retail chain
«Magnit» retail chain About us Company mission: We work hard to increase the prosperity of our customers by minimising their expenses on quality consumer goods through effecient use of the company s resources,
More informationPresentation to Investors
Presentation to Investors April 2010 Cautionary Statement: This presentation contains forward-looking statements, including the Company s strategies, future business plans, and projections. Such forward-looking
More informationSector: Retail RETAIL SECTOR BULGARIA. Keywords: Bulgaria, Sofia, Retail sector. Abstract:
MINISTRY OF FOREIGN AFFAIRS OF DENMARK THE TRADE COUNCIL RETAIL SECTOR BULGARIA Sector: Retail Prepared by the Danish embassy in Sofia May 2012 Keywords: Bulgaria, Sofia, Retail sector Abstract: With 7.4
More informationPrincipal Brands UK and Northern Ireland
Profile UK and Ireland based Building Materials Group Principal activities Builders and Plumbers Merchanting DIY Retailing in Ireland Dry Mortar Manufacturing Annualised turnover over 2.8 billion Market
More informationBuilding and Home Improvement Products Distribution Market Report - UK Analysis
Building and Home Improvement Products Distribution Market Report - UK 2017-2021 Analysis Published: 27/01/2017 / Number of Pages: 104 / Price: 845.00 Introduction and Overview The 8th edition of the 'Building
More informationof Retail Indian Retail The economy may be slowing down, but Indian retail is back with a (cautious) bang. SYNDICATION/BUSINESSWORLD
THE RETURN OF RE TAIL Emerging Markets Insight 26 The Return of Retail The economy may be slowing down, but Indian retail is back with a (cautious) bang. By Vishal Krishna, photos by Ritesh Sharma SYNDICATION/BUSINESSWORLD
More informationKTDC HOTELS & RESORTS LIMITED MASCOT SQUARE, TRIVANDRUM - 33
EMPANELMENT OF ARCHITECTS / LANDSCAPING CONSULTANT / INTERIOR DESIGNER / EVENT MANAGERS / TOURISM CONSULTANT SCOPE OF WORKS 1. Introduction It is essential to have plan for development of Tourism Destinations
More informationTrading statement for the fourth quarter and full year ended 2 February 2002 KINGFISHER REPORTS SALES GROWTH OF 9.9%, BOOSTED BY 17.
Thursday 14 February 2002 Trading statement for the fourth quarter and full year ended 2 February 2002 KINGFISHER REPORTS SALES GROWTH OF 9.9%, BOOSTED BY 17.0% GROWTH AT B&Q Kingfisher plc, the leading
More informationDeutsche Tour Presentation. 27 January 2012
Deutsche Tour Presentation UK Trade opportunity 27 January 2012 2008 KINGFISHER DELIVERING VALUE AGENDA 1. Driving up B&Q s profitability 2. Exploiting our UK Trade opportunity 3. Expanding our total French
More informationDataDot Technology Limited ABN Securities Exchange Announcement
DataDot Technology Limited ABN 54 091 908 726 Securities Exchange Announcement 30 th January 2014 Market Update Growth Strategy Being Implemented Background As enunciated at the AGM in November, the company
More informationAnalysis of growth trends in production and export of Indian cut flowers with special reference to contribution of Maharashtra
International Journal of Multidisciplinary Research and Development Online ISSN: 2349-4182, Print ISSN: 2349-5979, Impact Factor: RJIF 5.72 www.allsubjectjournal.com Volume 3; Issue 7; July 2016; Page
More informationChina Supermarket Industry Report, 2010
China Supermarket Industry Report, 2010 Statistics show that during 2006-2009 the total sales of supermarkets in China s top 100 chain retailers grew to RMB 575.6 billion from RMB340.6 billion, with a
More informationResults of 2017 Priorities for 2018
Results of 2017 Priorities for 2018 1 Highlights of 2017 Growth: Opened a record number of Convenience stores: 1,825 gross Profitability: Magnit remains one of the most profitable publicly traded food
More informationUnited States Engineered Quartz (E-Quartz) Market By Type, By End Use-Sector, By Region: Opportunities & Forecast ( )
United States Engineered Quartz (E-Quartz) Market By Type, By End Use-Sector, By Region: Opportunities & Forecast (2017-2022) By Type (Sand & Chip, Veined) By End-User Sector (Residential, Commercial)
More informationTake a closer look at the coin laundry business
Retail space for lease? Take a closer look at the coin laundry business Introducing a collaborative program to fill vacancies with an Electrolux Laundry Center, a globally recognized brand name anchor.
More informationHome Centre. World class facility for world class retailer.
Home Centre. World class facility for world class retailer. This type of system would provide avenues to enhance efficiencies in processes and ultimately provide better value and quality of service to
More informationCompany Presentation. 1H 2014 Results and Performance August 15, 2014
Company Presentation 1H 2014 Results and Performance August 15, 2014 Disclaimer These presentations and/or other documents have been written and presented by Puregold Price Club, Inc. (PGOLD). PGOLD is
More informationSonae SR: International Expansion
Sonae SR: International Expansion JMSB Consulting George Emery Jonathan Suprovici Eliane Roy Cinzia Ruberto Mandate How can Sonae SR expand internationally and become fully profitable by 2017? Where to
More informationPreliminary Results 20 May Mothercare Preliminary Results
Preliminary Results 20 May 2010 Mothercare Preliminary Results Ben Gordon Chief Executive Performance highlights Group network sales up 10.0% to 1.1 billion Underlying profit from operations up 16.6% to
More informationCorporate Presentation. November 2018
Corporate Presentation November 2018 Company Profile FOURLIS GROUP is a leading retail group of companies of quality consumer goods in Southeast Europe. The initial company was founded in 1950. The group
More informationGroup Direct Sourcing Anthony Sutcliffe General Manager, Kingfisher Asia
Group Direct Sourcing Anthony Sutcliffe General Manager, Kingfisher Asia Direct Sourcing - Core Purpose To provide the Kingfisher retail businesses with direct access to the world s best manufacturers,
More informationSOLUTIONS TO COMBAT FOOD WASTE
SOLUTIONS TO COMBAT FOOD WASTE One third of food produced worldwide is never consumed by people*. Because the reasons for food waste are varied and sometimes complex, Carrefour takes action at each stage
More informationAlmacenes Éxito S.A. Consolidated Financial Results
Almacenes Éxito S.A. Consolidated Financial Results For the second quarter and six-month period ended June 30, Viva Caucasia Shopping Mall BVC (The Colombian Stock Exchange): ÉXITO ADR Program: ALAXL Medellín,
More informationFREE ARTICLE. The Romanian hypermarket sector freezes in 2010, expansion to resume in Source: Central Europe Retail Update
FREE ARTICLE The Romanian hypermarket sector freezes in 2010, expansion to resume in 2011 Source: Central Europe Retail Update January 2011 The economic crisis put an end to the expansion of hypermarkets
More informationO KEY GROUP ANNOUNCES OPERATING RESULTS FOR Q4 AND 12M 2017
Press Release 26 Jan 2018 O KEY GROUP ANNOUNCES OPERATING RESULTS FOR Q4 AND 12M 2017 O KEY Group S.A. (LSE: OKEY, the Group ), one of the leading Russian food retailers, announces its unaudited operating
More informationKingfisher plc Sarah Levy. Director of Investor Relations
Kingfisher plc Sarah Levy Director of Investor Relations Agenda Kingfisher at a Glance Strategic History Our Markets and Brands Creating the Leader Strategy Q1 2014/15 Summary Priorities for 2014/15 Appendix
More informationHistory. Copper Radiator manufacturing plant. Aluminium Radiator manufacturing plant
History Copper Radiator manufacturing plant SABAH RADIATOR INDUSTRIES the first Complete Radiator manufacturing unit in the Middle East was established in the year 1996 with its modern factory located
More informationEco- Friendly. Convenience. Quality. OXXO CARE CLEANERS WHITE PAPER 2018
Eco- Friendly. Convenience. Quality. OXXO CARE CLEANERS WHITE PAPER 2018 marketplace overview If you are like many Americans, you re bound to have a few items around the house that can t be laundered in
More informationBy Region - North America, South. America, Europe, APAC, MEA. By Country - US, Canada, Mexico, Brazil, Argentina, Germany, France,
Global Refrigerant Gases Market (Value, Volume) By Type (Fluorocarbon, Hydrocarbon, Inorganic), By Application (Refrigerators, ACs, Chillers, Heat Pumps), By Region, By Country: Opportunities and Forecasts
More informationHome Improvement Multiples Market Report - UK Analysis
Home Improvement Multiples Market Report - UK 2016-2020 Analysis Published: 26/08/2016 / Number of Pages: 89 / Price: 845.00 Introduction and Overview The new edition of the 'Home Improvement Multiples
More informationPaper Reference. Paper Reference(s) 4340/03 London Examinations IGCSE. Monday 12 November 2007 Afternoon Time: 1 hour, plus reading time of 10 minutes
Centre No. Paper Reference Surname Initial(s) Candidate No. 4 3 4 0 0 3 Signature Paper Reference(s) 4340/03 London Examinations IGCSE Commerce Paper 3 Common to both tiers Monday 12 November 2007 Afternoon
More informationSteve Gilman Managing Director - B&Q Asia
Steve Gilman Managing Director - B&Q Asia Vietnam Phillipines Asia is a massive opportunity. Estimated RMI Market Size 60 50 40 30 20 US$bn 10 0 UK Japan China Korea India Turkey Indonesia Malaysia Thailand
More informationMETRO GROUP achieves sales target and confirms EBIT guidance
19 October 2015 1/5 METRO GROUP achieves sales target and confirms EBIT guidance Like-for-like sales growth of 1.5% in financial year 2014/15 Growth drivers online retail and delivery remain successful
More informationA fresh new offer in home improvement Tuesday 25 August
A fresh new offer in home improvement Tuesday 25 August We are entering the $24 billion hardware sector The Australian hardware and home improvement sector is worth $24 billion 1 plus Woolworths believes
More informationACCESS QATAR S MULTI-BILLION DOLLAR INTERIORS MARKET +5,000 ATTENDEES +250 EXHIBITORS SQM. index-qatar.com
ACCESS QATAR S MULTI-BILLION DOLLAR INTERIORS MARKET +5,000 ATTENDEES +5,000 SQM +250 EXHIBITORS index-qatar.com A very high calibre of visitor and great footfall made INDEX Qatar a great platform for
More informationOVERVIEW OF THE SOUTH AFRICAN RETAIL MARKET YOUR CATEGORY. Prepared for XYZ Company
OVERVIEW OF THE SOUTH AFRICAN RETAIL MARKET & YOUR CATEGORY Prepared for XYZ Company Date Contents THE POPULATION OF SOUTH AFRICA... 4 RETAIL TRADE SALES FOR 2016... 5 YOUR INDUSTRY HERE IN SOUTH AFRICA...
More informationGrowth opportunities in Asia Pacific and the Middle East. January 2009
Growth opportunities in Asia Pacific and the Middle East January 2009 Nick Buckles Chief Executive Officer Agenda G4S overview Asia Pacific and Middle East security markets overview G4S in Asia Pacific
More informationCOMPETITION TRIBUNAL OF SOUTH AFRICA. Federated Timbers (Pty) Ltd t/a Builders Trade Depot
COMPETITION TRIBUNAL OF SOUTH AFRICA In the matter between: Case No: 21/LM/Feb09 Federated Timbers (Pty) Ltd t/a Builders Trade Depot Acquiring Firm and KBS Building Supplies CC KBS Trusses CC Runnel Investments
More informationThe winning formats in CEE Planet Retail Ltd October 2010
The winning formats in CEE Planet Retail Ltd October 2010 part of About Planet Retail We are: The leading Global Retail Analyst firm since 1995. We analyse: 9,000 retail operations across 211 retail markets.
More informationAriciu Laurentiu Adrian
PERSONAL INFORMATION Ariciu Laurentiu Adrian Romania, Bucharest, 6 th district, Dreptatii street no 14 0040212691226 0040741888544 Mihaela_ariciu@yahoo.com Skype:alariciu Sex Male Date of birth 22/03/1978
More informationInfrastructure Marketing & Sales Network Our Ethos Vision: Mission:
Ho Re Ca Brand & Company BP Bharat is the flagship brand of Ceramic Tableware Pvt. Limited (CTPL), an ISO 9001:2008 Certified Company. Ceramic Tableware Pvt. Ltd. was established in the year 1985 with
More informationCCTV Camera - Global Market Outlook ( )
Published on Market Research Reports Inc. (https://www.marketresearchreports.com) Home > CCTV Camera - Global Market Outlook (2015-2022) CCTV Camera - Global Market Outlook (2015-2022) Publication ID:
More informationMothercare plc Proposed Acquisition of Early Learning Centre
Mothercare plc Proposed Acquisition of Early Learning Centre Ben Gordon Chief Executive Strategic acquisition - rationale Creates a key destination for parents of babies and young children Highly complementary
More informationStudy Area Maps. Profile Tables. The CORE Shopping Centre Pitney Bowes 2018 Canada Business Summary
Powered by Sitewise Page 1 Study Area Maps Profile Tables 2018 Canada Business Summary 2018 Canada Businesses By SIC Codes (1-49) 2018 Canada Businesses By SIC Codes (50-99) Prepared on: 4/20/2018 3:45:52
More informationMETRO GROUP continues slight sales growth and confirms EBIT guidance
1/6 METRO GROUP continues slight sales growth and confirms EBIT guidance Like-for-like sales growth of 0.2% in financial year 2015/16 METRO Cash & Carry and Real increase like-for-like sales in Q4; Media-
More informationDomestic Garden Landscaping Materials Market Report - UK Analysis
Domestic Garden Landscaping Materials Market Report - UK 2017-2021 Analysis Published: 15/05/2017 / Number of Pages: 112 / Price: 845.00 Introduction and Overview The 9th edition of the 'Domestic Garden
More informationTeak Value Chain Review
Teak Value Chain Review PARDI Pacific Agribusiness Research & Development Initiative TEAK CHAIN REVIEW Table of Contents TEAK VALUE CHAIN REVIEW 1 TABLE OF CONTENTS I WHY TEAK? 1 BACKGROUND 1 PROCESS FLOW
More informationKitchen and Bathroom Supply Chain Market Report - Focus on Distributors - UK Analysis
Kitchen and Bathroom Supply Chain Market Report - Focus on Distributors - UK 2016-2020 Analysis Published: 15/06/2016 / Number of Pages: 84 / Price: 845.00 Introduction and Overview The'Kitchen and Bathroom
More informationTractor Supply Company. Lehman Brothers Ninth Annual Retail Seminar May 2, 2006
Tractor Supply Company Lehman Brothers Ninth Annual Retail Seminar May 2, 2006 Safe Harbor Statement This presentation contains certain historical and forward-looking information. The forward-looking statements
More informationHow Massmart grew Builders to market-leading behemoth
How Massmart grew Builders to market-leading behemoth Author: Hilton Tarrant for www.moneyweb.co.za Date: 26th September 2016 A big bet in 2003 has paid off, and then some. In just over a decade, Massmart
More informationOUR GOAL IS TO SERVICE your product needs knowledgeably, accurately and on time DISTRIBUTION NETWORK
At Wolseley, our success lies in the trusting relationships that our people have developed with customers throughout Canada. We ve made it a priority to recruit the best people, and we invest in ongoing
More informationLEADERS IN OUTDOOR MAINTENANCE. Timely performance with technical competence
Company Profile LEADERS IN OUTDOOR MAINTENANCE Timely performance with technical competence Introduction Terracare Associates, LLC is a recognized leader in outdoor maintenance and has been proudly serving
More informationCase No IV/M GE / Power Controls BV. REGULATION (EEC) No 4064/89 MERGER PROCEDURE. Article 6(1)(b) NON-OPPOSITION Date: 28/04/1995
EN Case No IV/M.577 - GE / Power Controls BV Only the English text is available and authentic. REGULATION (EEC) No 4064/89 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 28/04/1995 Also available
More information2017 Annual General Meeting 27 October 2017
ASX: GAP 2017 Annual General Meeting 27 October 2017 Chairman s address: David Allman Chairman s address: David Allman Revenue $A million NPAT $A million 200 150 100 50 0 137.3 76.4 60.9 148.0 80.6 67.4
More informationGlobal Air Conditioner Market Research Report - Global Forecast to 2022
Report Information More information from: https://www.wiseguyreports.com/reports/817505-global-air-conditioner-market-research-report-globalforecast-to-2022 Global Air Conditioner Market Research Report
More informationGENERAL INFORMATION HELLA GmbH & Co. KGaA
GENERAL INFORMATION HELLA GmbH & Co. KGaA Version: August 24, 2018 Press contact: Dr. Markus Richter Company spokesman HELLA GmbH & Co. KGaA Rixbecker Straße 75 59552 Lippstadt Deutschland Tel.: +49 (0)2941
More informationNAGPUR METRO WORK RETAIL LEISURE CULTURE
NAGPUR METRO WORK RETAIL LEISURE CULTURE NAGPUR WHERE INDIA CROSSES Best known as the Orange City of India, Nagpur is a major commercial, political, industrial and defence center in the Vidarbha region
More informationO`KEY GROUP ANNOUNCES OPERATING RESULTS FOR Q2 and 1H 2018
Press Release 24 Jul 2018 O`KEY GROUP ANNOUNCES OPERATING RESULTS FOR Q2 and 1H 2018 O`KEY Group S.A. (LSE: OKEY, the Group ), one of the leading Russian food retailers, announces its unaudited operating
More informationB&M European Value Retail SA Interim Results Presentation 26 weeks to 23 rd September 2017
B&M European Value Retail SA Interim Results Presentation 26 weeks to 23 rd September 2017 Interim FY18 Group Highlights Group revenues increased by 21.7% to 1,346.4m B&M LFL revenues +7.5%, Q2 LFL +7.7%
More informationLeading Manufacturers of Lubricating Oil Filling machine, Edibal oil Filling machine, Liquid Filling Machine, ROPP Capping machine, Screw Capping
Leading Manufacturers of Lubricating Oil Filling machine, Edibal oil Filling machine, Liquid Filling Machine, ROPP Capping machine, Screw Capping machine, Sticker labeling machine, Powder Filling machines
More informationSECURITY INDUSTRY OVERVIEW
SECURITY INDUSTRY OVERVIEW December 2015 Security Service Definition Security is the degree of resistance to, or protection from, harm. It applies to any vulnerable and valuable asset, such as a person,
More information