Vishal mega mart

Vishal Mega Mart is India's leading Fashion hypermarket with 170 stores spread across 110 cities and Vishal Mega Mart Stores provide shoppers with wide range of fashion clothing for all age groups, Home and Grocery products at unbelievable prices. Vishal Mega Mart stores offers thousands of high quality products

1. Overview About Retail Industry Company Profile History Of Company Key Persons Mission and Vision Products Competitors Industry Market Size Market Share Required Skills

2. About Retail Industry Indian retail industry is one of the fastest growing in the world India is the fifth largest preferred retail destination globally It accounts for over 10% of the country’s GDP and 8% of the employment Market Value- USD 672 billion (2016) USD 1.3 Trillion (2020)

3. Retail classification             Organized retail  - Organised traders/retailers, who are licensed for trading activities and registered to pay taxes to the government . Unorganized retail  – It consists of unauthorized small shops - conventional Kirana shops, general stores, corner shops among various other small retail outlets - but remain as the radiating force of Indian retail industry.

4. Company Profile Estd .- 1986 ( kolkata ) Founder- Mr. Ramchandra Agarwal Mrs. Uma Agarwal HQ- Delhi Punch Line- “Value for money” Website- www.vishalmegamart.com Stores- 180 in 110 cities Employee- 17000 approx. Revenue-   6400crore ($950 million) in FY 15-16

5. TPG, Shriram Group acquire Vishal Retail in 14 March, 2011 for Rs70 crore TPG Capital  ( Texas Pacific Group ) Founded- 1992 HQ-   San Francisco, California, United States Founder-   David Bonderman , James Coulter,  William S. Price III CEO-   Jon Winkelried

6. Shriram Group Founder- Ramamurthy Thyagarajan , AVS Raja and T . Jayaraman . Founded :  1974 HQ- Chennai Subsidiaries- Airplaza Retail Holdings Pvt. Ltd.

7. Mission & Vision Mission -We shall deliver   Everything , everywhere, every time for every Indian Consumer in the most profitable   manner Vision -We share the vision and belief that our customers and stakeholders shall be served only by creating and executing future scenarios in the consumption space leading to economic development

8. History In 2001, Incorporated as Vishal Retail Pvt. Ltd. acquired the Proprietorship firm Vishal garments & the Vishal garments opened first store outside Kolkata In 2002, Opened first store in Delhi In 2003, Acquired Vishal apparels, a manufacturing unit. Set up a manufacturing unit in Gurgaon In 2004, Started their largest store in Mathura Road, New Delhi having an area of 80,000 sq.ft nominated for the Images Retail Awards, 2004

9. History In 2006, Their company was converted into a public limited company 103 implementation of production and retail module of SAP broadband connectivity with each and every location increased thier presence to an aggregate of 17 states In 2007, Increased in number of stores to 50 spread across in 18 states

10. Products Range Home Furnishing Food Mart Sport & Fitness Footwear Telemart Men- Upper & Lower Ladies accessories Infants Women- Saree , Personal items, Jewelleries & Cosmetics

11. Competitors Shoppers’ stop Big-bazaar Reliance Retail Pantaloons Globus Metro Bombay Bazaar

12. BSE- 240.60 NSE- 240.75

13. Retail Trends Retail’s next digital tipping point Store 4.0 – fulfilment, inspiration & friction free Conversational commerce The robots have their “AIs” on our jobs Agile at scale

14. Skill Required - Excellent Communication And Interpersonal Skills - Good Standard Of IT And Numeracy - Effective Influencing And Negotiation Skills - Strong Customer Focus - Ability To Work Under Pressure And To Tight Deadlines - Analysing And Problem-solving Skills - Flexibility - Strong Time-management Skills - Demonstrable Leadership And Management Qualities

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