Retail majors in rightsizing mode

IN A bid to maximise sales per square feet, Indias frontline retailers are increasingly looking at ways to restructure their stores.

Giant Eagle’s beer requests worry Western Pennsylvania outlets Buzz up!

Giant Eagle is bringing the battle over supermarket beer sales to the Pittsburgh region, with a plan to sell six-packs from restaurants inside some of its stores.

Make-up and marketplaces are tops for beauty and apparel shoppers.

In March, eBay came out on top for traffic to beauty and apparel retail sites while Mary Kay was No. 1 for time spent, Nielsen Online reports.

Jewellery majors add regional touch to brighten sales.

LEADING jewellers are discovering the fact that it pays to play the regional card for sales to shine brighter. Players like Tanishq, Orra and Adora are all reaping dividends by tweaking their assortment and designs to suit regional tastes. Through this, they hope to grab a bigger share of the consumer’ wallets by offering a broader product range and more depth in various categories.

Wal-Mart updates its look.

WORTHINGTON, Oct 27, 2008 (The Daily Globe – McClatchy-Tribune Information Services via COMTEX) –
Nine years ago, Worthington became home to the first Wal-Mart supercenter in Minnesota.
That was a long time ago, however, and according to current store manager Jeff Fouch, it’s time for a change. That’s the main reason why Worthington’s Wal-Mart recently underwent an [...]

Category Management: The Road Ahead

Win Weber’s Leading Edge Perspective
Category management, which is based on sound business principles, has heightened awareness of the importance of category level planning, and it has changed, for the better, behavior throughout the industry. It is producing favorable results with a vast majority of those retailers who are implementing the concept. There are [...]

FMCG firms take to brand valuations

A few months ago, Godrej Consumer Products (GCPL) wondered why its Cinthol brand was growing slower than fellow soap brand Godrej No 1. In its quest for the answer, it embarked on a valuation exercise and came up with a revelation.

 

The potential value of its top five brands – Cinthol, Fairglow, Godrej No 1, Ezee [...]

The Business Process of Category Management

SAP for Retail solutions cover the key processes in category management, including:

Strategic planning – SAP for Retail helps you develop your rolling three-year strategic plans by providing historic data analysis capabilities as the basis of forward projections, and enabling you to build financial models of various potential plan scenarios. With SAP solutions, you can analyze [...]

Enabling Category Management with Space-Time Intelligence

By Nicholas Jacquez , TerraSeer
Category management is the process of identifying and managing product categories as strategic business units, rather than simply viewing a retailer’s offering as a collection of individual products. The category management approach delivers enhanced business results by focusing on delivering consumer value. It is often a shared process between a [...]

Ongoing Category Management that Delivers Ongoing Savings

Achieving cost reductions is one thing. Continuously building upon those savings and driving additional performance improvements is another matter. It requires continuous monitoring of the market and supplier performance by experts who know the category and the supply base. Unfortunately, few companies have the resources to apply this level of attention to the majority of [...]