Quote of the day

Find a way to help yourself calm down so that you do not do or say something you will be sorry for later.

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Reliance Retail Limited and competitors

STORE FORMAT (CATEGORY)

RRL’S (Reliance Group’s) VENTURE

COMPETITION

INDUSTRIAL IST GROUP/FAMILY

Malls and Hypermarkets

RELIANCEMART®

Pantaloons Retail  (47)
Pantaloons Factory Outlets (37)
Big Bazaar (116 stores)
Big Bazaar Best Deals (3 stores)
Big Bazaar Express (3 stores)
BIYANI GROUP
Star India Bazaar TATA GROUP
Shopper’s Stop (27 stores) K. RAHEJA GROUP
Spencer’s Hypermarket (250 stores) RPG (Ram Prasad Goenka) GROUP

Organized ‘Kirana’ or Neighborhood grocery stores and grocery supermarkets

RELIANCE FRESH ®

RELIANCE SUPER ®

RELIANCE DELIGHT ®

Food Bazaar (168 stores) BIYANI GROUP
Food World RPG (Ram Prasad Goenka) GROUP
Trinethra /Birla Supermarkets (619 stores) A.B. BIRLA GROUP

Apparels and fashion accessories

RELIANCE TRENDS ® Brand Factory, Fashion Station, Blue Sky, Celio, Central, Lee Cooper BIYANI GROUP
Trent Westside (38 stores)
Trent Fashion Yatra
TATA GROUP
Consumer Electronics RELIANCE DIGITAL ® Croma Retail (34 stores) TATA GROUP
Books and Music stores RELIANCE TIMEOUT ® Depot (116 stores) BIYANI GROUP
Landmark (10 stores) TATA GROUP
Jewels Reliance Jewels ® Navaras BIYANI GROUP
Tanishq Jewellery TATA GROUP

Biyani group (India)

STORE FORMATS OF BIYANI GROUP

Food/Grocery stores

Food Bazaar

Snack shops, cafés, coffee shops

Brew Bar, Cafe Bollywood, Chamosa, Sports Bar

Fashion, Apparels, General Merchandise

Big Bazaar, Pantaloons, Fashion@Big Bazaar, Blue Sky, Brand Factory, Celio, Central, Lee Cooper, KB’s FairPrice

Shoe products

Shoe Factory

Sport goods

Planet Sports

 

Jewels

Navaras

Home Solutions/furniture

Home Town, eZone, Furniture Bazaar, Electronics Bazaar, Home Bazaar, Collection i

Inflation, the market, govt stimulus and years 2010/2011

Here is an interview with Harvard professor Martin Feldstein, says
that the stimulus is supporting the market rally and that support
runs out by 2010. We may be in a precarious position by 2011.
Ofcourse, I think there is more to it than just the stimulus – the
dollar value, commodity prices, inflation.

LINK:
http://blogs.harvardbusiness.org/tjan/2009/09/the-next-crisis-coming-in-2011.html?cm_mmc=npv-_-DAILY_STAT-_-SEP_2009-_-STAT0929

Proctor & Gamble washing cars?

 

The giant manufacturer of household staples including Pampers diapers, Crest toothpaste and Gillette razors is forging a new business model: franchising car washes.

To jump-start plans for a nationwide chain of Mr. Clean Car Wash franchises, P&G in December acquired the franchise assets of Atlanta-based Carnett’s Car Wash, which has 14 locations.

“We need to look for new opportunities to allow us to grow,” says Bruce Brown, P&G’s chief technology officer. “That isn’t limited to things within our current business model.”

P&G is under mounting pressure to find new sources of revenue growth, particularly as more cash-strapped shoppers think twice about buying its premium-priced products. Wall Street is increasingly skeptical that the mammoth company can garner meaningful gains in its slow-growing product categories and a tough economy.

Professional car washing, which rings up about $35 billion in sales a year in the U.S., according to P&G estimates, won out as the company’s first major franchise push. “We want to blow this out to a national network of car washes,” Mr. Brown says.

The car-washing business has a handful of competitive advantages, says Nathan Estruth, vice president of P&G’s FutureWorks, which develops new business ventures. It lacks a dominant national chain, aging baby boomers are reluctant to wash cars themselves and more water-strapped communities are pushing professional car cleaning as a conservation measure.

Forming a franchise system, rather than owning locations, means “we don’t have to enter a capital-intensive business,” he says.

P&G knows people may cut down on car washing in the recession. But franchise guru James Amos notes that the franchise industry typically grows during economic slowdowns. With more people out of work, “there’s a larger pool of franchise candidates,” says Mr. Amos, chairman of P&G’s franchising-subsidiary board.

P&G, which scrutinizes shoppers down to the seconds it takes to notice a bottle on a store shelf, says it will offer franchisees detailed information about car-wash locations, consumer targeting and advertising response rates — techniques developed during the Cincinnati-area tests that P&G will combine with the Arnetts’ experience.

The Arnetts have deconstructed each step of a car wash in their franchisee-training process, including the precise location of where to start wiping a window and the direction in which the first stroke needs to go. Towel care also counts. “It matters what temperature you use to wash them,” says Mr. Estruth of the lessons learned from the Arnetts.

Finally, the Arnetts say, it’s important to add a little “Hollywood” to the process, which includes a theatrical snap of a towel before it is laid down in front of the car door so the customer can wipe his or her feet before getting into their car, Mr. Arnett Jr. says.

Source: WSJ, article by Ellen Byron