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.
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Albertsons Completes Chain-Wide Installation of DVD Rental Kiosks

Albertson’s, LLC has completed the deployment of Coinstar’s RedBox DVD rental kiosks at all 248 of its locations across the country, with the installation of units at 116 locations in Arizona, Florida and New Mexico.

“Albertsons’ commitment to our customer is to deliver the service and merchandise they want at an affordable price,” said Bob Butler, Albertson’s LLC SVP of marketing and merchandising. “Redbox is a great fit for our stores, and has proven to be a popular service that is convenient, easy to use and affordable.”

The DVD kiosks are part of Coinstar’s 4th Wall solutions, of which Albertsons was an early adopter. The solution consists of selections from a variety of options, including self-service coin counting, DVD rental, money transfer, electronic payment solutions and entertainment services.

Boise, Idaho-based Albertson’s, LLC operates 248 stores under the Albertsons banner in Arizona, Arkansas, Colorado, Florida, Louisiana, New Mexico and Texas.

Orange shop-in-shop heading for HMV stores.

Orange and HMV are teaming up to promote Orange products and services via store-in-store units in HMV stores.

Dedicated Orange ‘show and sell’ spaces will be situated in the entertainment retailer’s stores, with a focus on music, games and video mobile handsets and services.

The deal will extend Orange UK’s retail presence and contribute to taking the brand past the 400 high street stores landmark. It also underlines HMV’s growing interest in the mobile and digital marketplace as it continues to diversify its product mix and develop as a multi-channel brand.

A first wave of up to 15 concession stores will be rolled out from June 2009, with the HMV stores in Glasgow, Plymouth and Teesside earmarked as the first to incorporate an Orange offer. Up to 100 locations have been earmarked to take the store-in-store approach by Christmas.

“This deal marks the coming together of two of Britain’s biggest and most iconic high street brands,” Orange UK chief executive Tom Alexander. “Moving beyond mobile and into media and entertainment is a key part of our future, and joining forces with such an iconic and well-loved brand as HMV allows us to mark our clear intention in this area, while expanding our presence on the high street.

“HMV has been diversifying and extending its customer offer, which is increasingly becoming a multi-channel one with a growing emphasis on technology and new media,” says HMV chief executive Simon Fox. “I am delighted to welcome Orange into our stores – our brands reflect a shared passion for bringing entertainment content to life, and complement each other well.”

Wal-Mart CEO doesn’t see a quick end to recession

WASHINGTON/NEW YORK (Reuters) – The head of Wal-Mart Stores Inc (WMT.N), the world’s biggest retailer, said on Wednesday there remained a “lot of stress” in the economy and he did not anticipate a quick end to the recession.

“There’s still a lot of stress,” Wal-Mart CEO Mike Duke said on a taped interview on NBC’s “Today Show.”

“It’s not a ‘V’ recession, where we’re just going to bounce out and come back,” he said.

Duke’s comments aired a day after a government report showed that sales at U.S. retailers unexpectedly fell 1.1 percent in March and after Wal-Mart last week reported a lower-than-expected rise in March sales at U.S. stores open at least a year.

Also on Wednesday, Burger King Holdings Inc (BKC.N) said it faced an “unanticipated traffic slowdown” in March across most company-owned hamburger restaurants, while the government said U.S. consumer prices fell unexpectedly last month, recording their first annual drop since 1955, as slumping demand pushed down energy and food costs.

The reports have dimmed hopes that the U.S. recession is close to hitting bottom, and show consumers are keeping a tight grip on their wallets. In early trading, Wal-Mart shares gained 10 cents to $51.22.

Duke said that by the end of the month, just before traditional paydays, customers are left with only a few dollars to spend.

He said the downturn will lead to a “sustained change” in the way that families live. But he added that customers are buying electronics, like flat screen TVs or video game systems, as they cut back on entertainment outside of the home or scrap vacation plans.

Separately, Wal-Mart’s China unit said it will eliminate one management layer of its stores in China to improve efficiency, affecting up to 1,400 people.

The retailer, which has 147 outlets in China and employs more than 50,000, will offer affected employees the option to move to new stores or take other positions with lower salaries.

© Thomson Reuters 2009 All rights reserved

Multiplexes to become complete entertainment zones.

Going to the neighbourhood multiplex may become a more complicated affair in the future. You may have to spend some time, deciding on which of the 15 movies to watch, and then choose which wine to use to wash down the cheese that is on the menu in the adjoining lounge-bar.

Mumbai’s multiplexes are growing bigger and better and working towards transforming themselves into complete entertainment zones. A couple are working towards having 14 or 15 screens, to give you a much wider choice than ever before, and some others are trying to get liquor licences so that you can wash down your movie experience with the choicest of liquor.

And, if your kids are bored with the movie, you can also leave them out in the children’s play area or, better still, book a ticket for them in the theatre where the screen is dedicated to kids’ films.

Reliance Adlabs is one of the firms that is planning a double-digit number of screens in one of its megaplexes; its Kurla plex will have 15 screens. Besides, it plans to have the Ebony Lounge where there will be an attendant waiting only on you as you wine and dine while watching the movie of your choice.

The firm is investing Rs 30 crore on what will be India’s largest megaplex. Spokesperson Tushar Dhingra said, “It will have 15-16 screens, including an IMAX 3D digital screen, food and beverage lounges, special screens for kids and sports screens.” Adlabs is also opening a nine-screen multiplex at Ghatkopar.

D B Realty Orchid Zone Mall will match Reliance Adlabs with a 14-screen multiplex at Dahisar. Nabil Patel, one of the directors of the company said, “The multiplex will accommodate 2,786 people and be ready by early 2010. A visit here will be a global experience. It will have laser lights and water fountains similar to the ones you see in Sydney and Las Vegas. We, in fact, have the same companies doing it for us.”

D B Realty is now talking to three major multiplex owners for a possible tie-up. Patel added, “We have shortlisted three of them and will finalise the deal with one of them early next week.” D B Realty will have a 300,000-sq-ft food court.

PVR Cinemas, one of the pioneers in multiplex culture, is planning a PVR Premiere at Lower Parel. This will have a “stadium-type” seating arrangement. PVR Goregaon has just been launched with six screens and a seating capacity of 1,700.

It has a kids’ play area with leather-cushioned seats furnished with toys and has tied up with kids’ channel Pogo. PVR has also installed 2K digital cinema that allows you to see films on a bigger screen.

PVR vice-president (marketing) Ranjan Singh said: “We already have an 11-screen multiplex in Bangalore which is doing wonderfully well. We are planning a seven-screen multiplex in Mumbai.”

Fun Cinemas, too, will soon get a facelift but vice-president (marketing) Vishal Anand is not ready to disclose details. It has one of the best gaming zones and food courts in Mumbai.

Cinemax already has the Red Lounge with reclining and massage chairs and introduces karaoke sound and television monitors during cricket and football matches. Marketing head Dewang Sampat said, “We are planning to add more gaming zones and food courts at our existing properties in Mumbai.”

Retailers bet on entertainment activities to lure customers.

 NEW DELHI: As spiralling inflation dents buyer sentiment, leisure and entertainment forays seem to  be big retailers’ weapons to fight flagging sales.

Leading the way is Kishore Biyani-led Future Group that is opening unisex salons, gaming centres  and family entertainment centres at its nine Big Bazaar Supercentres. Similarly, Vishal Retail is  planning to start salons within the premises of its 120-odd outlets.

Shoppers Stop has introduced its brand of cafes, bookstores and spas within its stores to make  consumers spend more time and entice them to buy more.

Shoppers Stop vice-president (marketing) Vinay Bhatia feels such options are important to retain  customers. “A customer now looks for more than just shopping. We realise that convergence of retail  and entertainment is the way to enhance a shopper’s experience. We are constantly trying to get  things that are ‘shopping plus’. So we have Crossword, our bookstore, Cafe Brio & DesiCafe and  other such specialty stores within Shoppers Stop stores to enrich consumer experience.”

The Raheja Group-promoted Shoppers Stop is putting its best foot forward to attract shoppers. The  company has added small spa centres, allowing consumers a quick foot massage. Then there are  bookstores and cafes along with several other initiatives to attract customers and make them spend  more time inside the store. It has also introduced a ‘Monsoon Makeover’ offering that promises free  makeover for people who walk in.

Following suit is Vishal Retail that will begin by opening salons within the premises of its stores. Says  Vishal Retail chairman RC Agarwal, “The initiative is in the planning stage. There is a definite market  for these services.”

Spencer’s Retail is also going the extra mile to ensure visitors stay longer and are entertained well.  Across the stores, there are live kitchens on weekends that have Japanese, Thai and Italian chefs.

Then there is Books & Beyond, Spencer’s brand of bookstores that has periodic book reading  sessions and launches. Stores are also lined with interactive LCD screens that have both original  and borrowed content entertaining people.

“We do a business of Rs 100 crore every month. This is 5% of our revenues. Today, consumers  expect to feel relaxed and entertained. This is important for a chain like ours that wants to be  differentiated. This concept, however, may not have much potential with discount chains,” says  Spencer’s Retail marketing V-P Samar Singh Sheikhawat.

There are still others like Subhiksha Retail MD R Subramaniam who think it wise to continue retailing  what they currently do. “We are staying focused on what we sell, groceries, mobile phones and  medicines. There will be a foray into consumer durables and IT products soon.”

Gaining Share

▪ Future Group is opening unisex salons, gaming centres and family entertainment centres at its nine  Big Bazaar Supercentres.

▪ Vishal Retail is planning to start salons within premises of its 120-odd outlets.

▪ Shoppers Stop has introduced its own brand of cafes, bookstores and spas within its stores to  make consumers spend more time at the store and entice them to buy more.

▪ Spencer’s Retail has set up live kitchens and book stores to ensure customers spend more time.

▪ Smaller players like Subhiksha Retail think it wise to continue retailing what they presently do.

 

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