100 Retailers in Shopping Centers Released

China Chain Store & Franchise Association (CCFA) convened the Conference on Cooperation, Development and Exchanges Between Commercial Real Estate Developers and Chain Retailers in Ningbo of China’s eastern Zhejiang Province on June 9 and released the book 100 Retailers in Shopping Centers.

CCFA has selected over 100 outstanding chain retailers from its members in various business formats, which have the ability to make expansion nationwide. The Association categorized them according to existing business formats and functions of shopping centers and offered information on different aspects of these brands, such as features of their image, traffic, expansion rate and development plan.
Some are international brands, some are famous brands in China and some are leading brands in regions, including department stores, supermarkets, home appliance stores and household stores and covering all business formats like apparel, fashion, catering, cosmetics, entertainment, education and service. These can meet the demands of commercial properties to attract investment from various stores and provide a wide variety of retailers for commercial real estate developers.
In addition to the information in it, the book has also given professional analysis and different views from experts of shopping centers on the industry’s current situation, trend, investment, financing, planning and design.
It is a great aid for commercial real estate companies to learn and attract investment of their shopping center programs.
Here are some comments by developers of shopping centers on the book:
It is quite useful! The book can give guidance on brand portfolio and combination of business formats and it is a professional reference for the management of shopping centers.
– Wanda Commercial Management
Shopping centers are drivers for creating a fashionable and prosperous city, while brands are the core competitiveness of shopping centers in the market. Best wishes to 100 Retailers in Shopping Centers.
-Sunshine100 Real Estate Group
The book has integrated resources and set up platform for information exchanges, a show of CCFA’s function and value. 100 retailers is the start and we are aiming at 1000.
-Powerlong Real Estate Holdings Limited
The book is an excellent reference to see clearly the essence and core value of shopping centers.
-Shopping Center Department of CR Vanguard
Reading the book will free you from the worries when you are developing shopping centers.
-COFCO Commercial Property Investment Co., Ltd.

Retailers Work under one roof by sharing space.

Now Rival Retailers Work under one roof

SHARING SPACE TO EXPAND SPECIALTY CHAINS

THEY are fierce rivals in the marketplace, but big retailers such as Future Group, Reliance Retail, RPG Retail and Aditya Birla Retail now tap each other’s synergies to expand their specialty chains.

So, walk into a ‘Central’ mall of Kishore Biyani’s Future Group and you may well see Reliance TimeOut, the gift-music-book format of Mukesh Ambani’s Reliance Retail. Reliance’s optical chain Vision Express shares some premises of Birla group’s ‘More’ hypermarkets, while RPG Retail has rolled out 20 Music World stores inside Future Group’s Big Bazaar outlets.
“Retailers have now realised that they alone cannot manage all categories on their own, how much hard they may try,” says Arvind Singhal, chairman of retail consultancy Technopak Advisors.
Future Group CEO Kishore Biyani says it’s a win-win model for both retailers and customers. “The retailers can exploit each other’s synergies in non-competing categories, which ultimately helps the customer get a wider choice from the same store,” he says. “We are open to locate our specialty stores in other’s premises, if such opportunities come up.”
There has been a flurry of deals and expansions in the $20-billion organized retail sector over the last five years since companies such as Reliance, Aditya Birla and Bharti entered the turf and started floating specialty chains on their own or in tieup with foreign players.
“There are obvious opportunities to associate with each other, provided the brand positioning of the stores match,” says Bijou Kurien, president and chief executive
(lifestyle) of Reliance Retail.
He says that this model of co-locating stores could emerge as a way to expand. “We understand each other’s issues like constraints in standalone expansion and profitability.”
The concept of shop-in-shop within largeformat stores such as hypermarkets is selling like hot cakes among garment and other single/limited product retailers because it saves them the cost of operating standalone stores and gives access to a captive consumer base of the large format.
Also, specialty shop-in-shop owners need not worry about associated costs like security, civil engineering and air-conditioning, says Mr Singhal of Technopak.
Retailers say running a shop-in-shop costs at least 25% less than a standalone shop of the same size.
These deals mostly follow a revenue-sharing model, but retailers say there is no standard formula on the percentage of revenue shared. It depends on the customer traffic the large store is able to drawn.
In some cases, there could be sharing of shop-floor employees, sharing of loyalty schemes and payment counters.
“The model of collaborative expansion will drive efficiencies,” says K Dasaratharaman, president (speciality retail) of RPG Retail, which plans to more than double the number of its music-and-movie chain Music World outlets inside Big Bazaar. “We are talking to few others like Aditya Birla Group to expand on this model,” he says.
Shoppers Stop vice-chairman B S Nagesh says the chain will explore this model to expand its book retail chain Crossword. “Distribution has emerged as the key point in the country,” he says.
Reliance Retail
Reliance DIGITAL — Consumer durable & information technology
Reliance TRENDS — Apparel & accessories
Reliance WELLNESS — Health, wellness & beauty
Reliance FOOTPRINT — Footwear
Reliance JEWELS — Jewellery
Reliance TIMEOUT — Books, music & entertainment
Reliance AUTOZONE — Automotive products & services
Reliance LIVING — Homeware, furniture, modular kitchens, furnishings SPECIALTY CHAINS OF BIG RETAILERS
Future Group
PLANET SPORTS — Sports lifestyle NAVARAS — Jewellery aLL — Fashion for plus-sized people DEPOT — Books
RPG Retail
MUSIC WORLD BOOKS & BEYOND
Tata Group
LANDMARK — Books, music, gifts, movie

The businesses that are now dead

I go to a lot of meetings with a lot of bullsh**ters. One of the main topics of such people in a host of different businesses is a twofold argument with which they amuse themselves and each other. Here are its two prongs:

My business is coming up the ramp;
Some other business is dead.
The other business that is dead is, unless you are speaking to a very depressed person, not the one he or she is in.

So it depends on who you are speaking to, or to whom you are speaking, depending on whether that grammar stuff matters to you.

Following are the businesses that are dead, if you hang around with enough bullsh**ters in a wide enough range of fields:

• The theater
• Movies in movie houses
• Public schools
• Radio, because of satellite radio,
• Satellite radio, because of Internet radio and ITunes
• Broadcast television, because of cable and Internet video
• Cable television, because of satellite TV and Internet video
• Satellite television, because of digital television conversion and Internet video
• Internet video, because of digital television conversion and downloading
• DVDs, because of downloading
• Downloading, because of the ubiquity of broadband streaming
• Personal computers with hard drive capacity, due to cloud computing
• Land-line telephones, because they’re so 20th Century
• Any internet company that is not Google (GOOG), for obvious reasons
• Google, because, well, how long can they keep THIS up?
• Books, of course
• Magazines, except the ones that we’re on the cover of, and…
• Newspapers

The only one that everybody agrees about right now, among the b.s.-ing class, is newspapers. Newspapers are dead. Dead dead dead. Yes, Rupert Murdoch doesn’t seem to believe so, but he is incorrect in this, or doesn’t see the truth right now, or whatever. Because you know newspapers? They’re dead.

This is not helped at all by the appearance of Sam Zell, who bought Tribune (TXA), and whose chief operating officer recently announced they would begin to judge the value of journalists by the column inches they produced in a year. This is sort of like saying that Chichi’s is the best restaurant in America because it serves the greatest weight in nachos.

That aside, however, everybody does agree: they’re dead. One day there will be no newspapers, because No Young People Read Newspapers. Is this true? My kids are of sentient age. They read newspapers. In fact, they’re both knee deep in Obamamania right now, and read everything they can get their hands on. I see people reading newspapers on the street, in parks, on subways and buses… when you get a bad story in the newspaper it still ruins your day…

But no. They’re dead. Know why? Because Advertising is Down in newspapers. Now of course, advertising is sort of down across the board, and actually MUCH more disappointing on all those social networks everybody loves so much… and newspapers still attract a HUGE proportion of total advertising…

But no. Newspapers are dead. And advertisers read that and, timid little lambkins that they are, cut their budgets even more, because after all who wants to advertise in a dead medium?

Finally, newspapers are, you know, dead because they Haven’t Changed With The Times and News Is A Commodity That You Can Get Just As Well Online.

Except guess what. It’s not. I’ll just say what I think and get out of here. As always, if you agree, lob something in.

• I like newspapers. I look at a few every day and even read some of each;
• I don’t believe everything I read in the paper, but I’m interested in what they think is interesting;
• Newspapers have been around a long time, from medieval days through the time of Horace Greeley (above) and beyond. Radio didn’t kill them. TV didn’t kill them. The internet will not kill them;
• If there were no newspapers, all we’d have is the Internet, whose capacity for the promulgating and dispensation of bulls**t is unparalleled;
• I am NOT interested in a PERSONAL, daily e-mail informing me only of the stuff I pre-select as of interest to me. What’s the pleasure in that?
• If we all had a euro for every article in some medium that declared another medium dead, we’d all be Europeans;
• Aggregators can only aggregate content if there is content to aggregate. No content, no aggregators;
• Contrary to popular belief, journalism is an actual profession that takes training, talent and skill, and one of the most rigorous and necessary places in which it’s pursued is in newspapers;
• 89% of all citizen-journalists are just full of it.

Now you guys in newspapers could probably help a little, going forward. Why not stop writing pieces every day about how dead every other industry is? Just a thought, tough guys.

%d bloggers like this: