0 Bewertungen0% fanden dieses Dokument nützlich (0 Abstimmungen)
16 Ansichten8 Seiten
Aditya Birla Retail acquired Fabmall and Trinethra stores, making it a prominent player in Indian retail. It renamed the stores to MORE to better reflect its image. The acquisition gave it control over 300 MORE stores. Its vision is to provide differentiated shopping experiences and superior returns. It focuses on quality through its own product lines and direct farmer linkages to ensure fresh supplies. It chose not to partner with foreign retailers because retail success depends more on local sourcing, supply chains, and store operations than global scale.
Aditya Birla Retail acquired Fabmall and Trinethra stores, making it a prominent player in Indian retail. It renamed the stores to MORE to better reflect its image. The acquisition gave it control over 300 MORE stores. Its vision is to provide differentiated shopping experiences and superior returns. It focuses on quality through its own product lines and direct farmer linkages to ensure fresh supplies. It chose not to partner with foreign retailers because retail success depends more on local sourcing, supply chains, and store operations than global scale.
Copyright:
Attribution Non-Commercial (BY-NC)
Verfügbare Formate
Als PPTX, PDF, TXT herunterladen oder online auf Scribd lesen
Aditya Birla Retail acquired Fabmall and Trinethra stores, making it a prominent player in Indian retail. It renamed the stores to MORE to better reflect its image. The acquisition gave it control over 300 MORE stores. Its vision is to provide differentiated shopping experiences and superior returns. It focuses on quality through its own product lines and direct farmer linkages to ensure fresh supplies. It chose not to partner with foreign retailers because retail success depends more on local sourcing, supply chains, and store operations than global scale.
Copyright:
Attribution Non-Commercial (BY-NC)
Verfügbare Formate
Als PPTX, PDF, TXT herunterladen oder online auf Scribd lesen
direct control over 300 Fabmall (brand of Trinethra) stores and making it prominent player in the retail industry. After the acquisition Aditya Birla Retail management believed that the brand Fabmall and Trinethra are not reflecting proper image of the company. They started searching for the brand name and given a name MORE. Possible motivations to engage in Take overs and Acquiztions
• major Bharati has entered into a joint venture agreement with
the world’s biggest US$316 billion retailer Wal-Mart • Tata owned Infinity Retail has similarly joined hands with Australian retail major Woolworth • Reliance Retail, which has already opened 22 neighborhood convenience stores under the brand name of “Reliance Fresh” in Hyderabad and Jaipur, has like Birlas decided to seek no foreign partner for its Rs. 25,000 crore multi format retail roll out VISION • ABRL’s vision is “to consistently provide the Indian consumer complete and differentiated shopping experiences and be amongst India’s top retailers while delivering superior returns to all stakeholders”.
• “Hamesha Extra” is the core essence of MORE. It
means customers will always feel that they have got something extra while shopping at MORE. Strategy for quality and supply chain-
• MORE also has its own in-store label across value,
premium and select ranges. The products follow stringent quality norms and are available in attractive packaging. To ensure the freshest supply of fruits and vegetables to customers, Aditya Birla Retail is building direct linkages with the farmers. It is also investing in backend infrastructure to develop a robust supply chain connecting households MORE directly with farmers. WHY NOT FOREIGN PLAYER FOR ACQUISITION • Retail is mostly a local business. If you look at the elements of success you have sourcing, supply chain, the stores, running the stores, the merchandising • Global economies of scale are not that critical for success in the retail business and various studies have shown that. So you need to be large within the country rather than globally to get the benefits of scale SWOT ANALYSIS Strength Technological incentive Brand awareness Specialist in marketing expertise. Weakness Customers not much satisfied with offers No better product range No promotional schemes Opportunities Largest consumer market Middle class people are increasing Threats Competition with unorganized retailers. Shopping culture not developed yet Threats from Heritage fresh and Reliance fresh. Porter’s 5 Forces Model • Threat of new entrants Barriers to new entrants • The Bargaining Power of Suppliers • The Bargaining Power of Buyers Threat from Buyers • The Threat of Substitute products • Rivalry among Existing Competitors Conclusion