Retail MGT Final
Retail MGT Final
PROJECT REPORT
ON
SUBMITTED TO
BY
SEAT NO:-
232102
UNDER GUIDANCE OF
PROF. SANGRAM GIRIGOSAVI
THROUGH
1
SINHGAD TECHNICAL EDUCATION SOCIETY,S
SMT. KASHIBAI NAVALE COLLEGE OF
COMMERCE
(Affiliated to University of pune and Recognized by Govt. of Maharashtra)
19/15 Erandwane Smt. Khilare Marg. Off Karve Road. Pune 411004.
Date:-
CERTIFICATE
This is to certify that Miss, Aishwarya Hari Sawant who is a
Bonafide student of Smt. Kashibai Navale College of Commerce, Erandwane, Pune
has worked on Project titled “A Study of Retail Management” and has successfully
completed the project work in partial fulfillment of award of degree of Bachelor of
Business Administration.
This report is the record of student’s own efforts under our supervision and
guidelines.
Date:
Place:
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DECLARATION
I, Miss, Aishwarya Hari Sawant i hereby declare that this project is a record
of authentic work carried out by me during the academic year 2023-24 and has not
been submitted to any other University or Institute towards the award of any degree.
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AKNOWLEDGEMENT
I would like to take this opportunity and go on record to thank them for their
help and support.
I am thankful to the Smt. Kashibai Navale College of Commerce for all the
support provided for this project.
I wish to thank all my teachers and friends too, for their helpful inputs, insightful
comments, steadfast love and support.
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BRIEF SUMMARY
Started with the selection of the particular topic. While searching for the topic I
Realize the retail management that enhance brand and product visibility in the
market for increased sales performance. Retailers includes all the steps required
to bring the customers into the store and fulfil their buying needs.
Then I chose my topic “A Study Of Retail Management”. For this I took (Nike,
Samsung, subway, Dominos, Pizza Hut ) Store for my survey. I collect the data of
the Store layout, In Store Dynamic, Product Display, Logistics, SWOC analysis of
retail Store.
While doing that I received findings and conclusions. This completed the objective
of my survey.
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INDEX
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➢ Introduction of Retail Management
Introduction:-
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For customer shopping is not just limited to an activity but has become whole
new experience thanks to the retailer who have recognise the importance of
retail analytics and big data rather than doing guesswork.
Every business organisation at a particular stage has to offer its products to the
buyers or customers and get the products sold off. During the entire business
journey there comes a stage where the producer takes the help of mediator in
order to sell the products to the customers.
One of the way to sell the finished products to the customers is throw a retailer.
A retailer is an individual who buys products from the manufacturer or
wholesaler and sells to the customer physical Store or online store.
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➢ OBJECTIVES OF RETAIL STUDY:
1. Customer satisfaction :
retailers know that satisfied customers are loyal customer.
Consequently retailers must develop strategies intended to build
relationships that result in customers returning to make more
purchases.
4. Layout :
For store-based retailers, store's physical layout is an important component
in creating a retail experience that will attract customers. The physical layout
is more than just deciding in what part of store to locate products. For many
retailers designing the right shopping atmosphere (e.g.,objects, light and
sound) can add to the appeal of a Store. Layout is also important in the online
world where site navigation and usability maybe deciding factors in whether a
retail website is successful
5. Location :
Where to physically locate a retail store may help or hinder tore traffic. Well
placed store with high visibility and easy access, while possibly commanding
higherland usage fees, may hold significantly more value and lower cost sites
that yield less traffic. Understanding the trade-off between costs and benefits
of location is an important retail decision.
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➢ IMPORTANCE OF RETAIL STRATEGY
A retail strategy is a comprehensive plan that outlines how a retailer will achieve
its business objectives, serve its target customers, and compete in the market.
Brand Building: It aids in building and reinforcing the brand's identity, thereby
creating a strong brand image and recognition.
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Retail store visited
1. NIKE
"JUST DO IT"
➢ ABOUT :
It was founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman,
his former track-and-field coach at the University of Oregon. The company was
renamed Nike in 1971,
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been able to sustain a competitive advantage within the athletic apparel and
footwear marketplace.
Type Public
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Website Nike.com
➢ RETAIL STRATEGIES:
Nike, a global sportswear and athletic apparel company, employs several key retail
strategies to reach and engage customers:
3. Nike Stores: Nike operates its own retail stores worldwide, offering a unique
in-store experience, exclusive products, and customer engagement. The
flagship stores in major cities provide immersive brand experiences.
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➢ STORE LAYOUT
The design and lay-out of floor space and the placement of fixtures within a
department or retail store is important. A store layout is the design in which a
store's interior is set up. A well-planned retail store layout allows a retailer to
maximize the sales for each foot of the allocated selling space within the store. A
store layour is the design in which a store's interior is set up. Store layouts are well
thought out to provide the best experience possible.
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Objectives of store layout :
Surveys have shown that one of the most important criteria for customer
satisfaction is the ease with which the customer finds his way in the store. Besides,
the customer expects to be led along the main departments of the store.
Therefore a good layout is a matter of customer satisfaction.
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➢ LOGISTICS:
Nike is a global athletic apparel and footwear company known for its extensive
logistics operations. Here are some key points about the logistics of Nike:
• Supply Chain: Nike's supply chain is highly complex and spans the globe.
They source materials, manufacture products, and distribute them to retail
locations worldwide.
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• Direct-to-Consumer: Nike has been increasingly focusing on selling directly
to consumers through its online store and retail outlets, which has led to
changes in its distribution strategy.
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➢ PRODUCT DISPLAY:
Nike, like many retailers, places a significant emphasis on product display to create
an engaging and appealing shopping experience for its customers. Here are some
common practices you might find in Nike stores:
Footwear Wall: One of the most prominent displays in Nike stores is the footwear
wall. Sneakers are often organized by style, gender, and sport. This can make it
easy for customers to find the shoes they are looking for.
Accessories: Accessories like socks, hats, and bags are often displayed near the
corresponding product sections. This encourages customers to complete their
outfit.
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Signature Products: High-profile or signature athlete products may have special
displays.
Lighting and Ambiance: Lighting plays a crucial role in highlighting products and
creating a welcoming atmosphere. Nike stores use innovative lighting designs to
draw attention to specific areas.
Weakness :
Opportunity :
Threats :
1. Economic recession and fluctuations in the currency can lead Nike to losses.
2. Higher competition as competitors are becoming more aggressive and
creating high quality products .
3. Maintaining reputation of eco-friendly.
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➢ Conclusion
➢ Recommendations :
• They should increase its marketing communication ways i.e. using of social
media.
• its It may include online video training sessions for athletes celebrities and
as to increase its product awareness to them .
• Nike could have merger and acquisition with other companies to expand its
business
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2. Samsung
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Native name 삼성그룹
Type Public
Website www.samsung.com
Samsung Electronics produces LCD and LED panels, mobile phones, memory chips,
NAND flash, solid-state drives, televisions, digital cinemas screen, and laptops and
many more products. The company previously produced hard-drives and printers
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➢ RETAIL STRATEGIES :
Samsung has employed several retail strategies to promote its products and
enhance customer experiences. Some of these strategies include:
Online Presence: Samsung maintains a strong online presence through its official
website and e-commerce platforms. Customers can purchase products directly
from Samsung's website and take advantage of online-exclusive deals and
promotions.
These strategies help Samsung attract and retain customers, provide a seamless
shopping experience, and maintain a competitive edge in the consumer electronics
market.
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➢ STORE LAYOUT
Samsung stores feature various sections for smartphones, tablets, smartwatches,
and other electronics. They also showcase Samsung's latest products.
. .
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Samsung's store layout typically follows a modern and sleek design :
➢ Logistics
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1. Supply Chain Management: Samsung has a complex global supply chain
that involves the sourcing of raw materials, components, and products from
various countries. They use advanced supply chain management systems to
optimize logistics, reduce costs, and improve efficiency.
2. Manufacturing Facilities: Samsung operates manufacturing facilities around
the world to produce a wide range of products, from smartphones and
televisions to memory chips and displays. These facilities are strategically
located to meet regional demand.
3. Distribution Centers: Samsung has distribution centers in various regions to
store and manage inventory. These centers play a crucial role in ensuring
products are available to meet customer demand.
4. Transportation: Samsung utilizes various transportation modes, including
sea, air, and land transport, to move goods within its supply chain. They
work with logistics partners to ensure timely and cost-effective deliveries.
5. Quality Control: Quality control is essential, especially for electronic and
technological products. Samsung has strict quality control processes in place
to ensure products meet their standards before they are shipped.
6. Returns and Repairs: Samsung has systems in place to handle returns and
repairs, including reverse logistics for returning faulty products, refurbishing
them, and reselling when possible.
Samsung Strengths
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3. It is one of the largest manufacturer of TVs, home appliances and mobile
phones.
4. The company is known to launch new innovative models every year and
keep the market moving with its innovation.
5. Samsung Galaxy smartphone series is one of the most popular product line
offered by the company.
6. Samsung products are sold worldwide hence making it a global company
Samsung Weakness
Samsung Opportunities
1. Samsung can innovate more with their existing product line and diversify
into newer products.
2. Introducing geography specific phones and appliances can boost the brand.
3. Adopting newer technologies to improve upon products can help boost its
business.
4. Bringing a more affordable innovative products at difference price ranges
can help Samsung a lot.
Samsung threat
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1. Intense price competition in the mobile market can hamper the margins for
Samsung smartphones
2. Samsung has major competition with local brands in all the segments that it
operates in
3. The market is very dynamic and failed products can prove to be a big issue
for the company.
4. Global pandemic, economic crisis and fluctuating currencies can affect the
supply chain & business operations of Samsung.
➢ Conclusion :
• Samsung is the main brand for mobile phones with its high-end
specifications The users are average consumers and companies. The main
competitor is Apple; however Samsung gives the competitive attention
through mobile features
➢ Recommendations :
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• Continue to strengthen the integration of offline and online retail channels.
Provide customers with a seamless shopping experience by enabling
features like buy online, pick up in-store, or easy returns and exchanges
across all retail touchpoints.
• Continue to prioritize customer experience by investing in well-trained staff,
interactive displays, and in-store technology that simplifies the shopping
process. Ensuring a positive and memorable customer experience is crucial.
• Actively seek feedback from customers and employees. Use this feedback to
drive continuous improvement in products, services, and the overall retail
experience.
3. Subway
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Subway is an American multinational fast food restaurant franchise that
specializes in submarine sandwiches (subs), wraps, salads and drinks.
Subway was founded by Fred DeLuca and financed by Peter Buck in 1965 as
Pete's Super Submarines in Bridgeport, Connecticut. After several name
changes in the beginning years, it was finally renamed Subway in 1972, and
a franchise operation began in 1974 with a second restaurant in Wallingford,
Connecticut. Since then it has expanded to become a global franchise.
Type Private
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Headquarters Milford, Connecticut, U.S
Website Subway.com
➢ Retail Strategy
Subway, a popular fast-food chain, has employed several key strategies in its retail
approach:
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Customization: Subway's "Build Your Own" approach lets customers choose their
bread, fillings, toppings, and sauces. This customization caters to individual
preferences and dietary needs.
Affordability: Subway offers a range of price points and value meals, making it
accessible to a broad customer base.
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Global Expansion: Subway has expanded to numerous countries, adapting menus
and strategies to suit local tastes and preferences.
➢ Store layout:
Subway store layouts are typically designed with efficiency and customer flow in
mind.
Entrance and Greeting Area: When you enter a Subway, you'll be greeted by staff
at a counter where you can place your order. This is where the customer journey
begins.
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Ordering and Food Preparation Area: After entering, you'll proceed along a
counter where you'll place your order. This area typically includes ingredients,
bread, and a sandwich preparation station. Customers can see their sandwiches
being made, reinforcing the "build your own" concept.
Cash Register and Payment: After ordering, you move to the cash register area
where you pay for your meal.
Dining Area: Beyond the order and payment counter, you'll find tables and chairs
or seating booths for customers to enjoy their meals. Subway offers a dine-in
option for those who want to eat in the store.
➢ Logistics
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Subway restaurants typically follow a standard logistics and operational process:
3. Hygiene and Food Safety: Strict hygiene and food safety standards are
adhered to in the preparation process.
Subway's logistics aim to provide a fresh and customizable dining experience while
adhering to quality and safety standards.
➢ Conclusion :
• The Subway retail case study highlights the company's successful business
model, which combines a wide variety of fresh and customizable menu
options with a focus on health-conscious consumers. Subway's commitment
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to innovation, such as digital ordering and delivery services, has allowed it to
remain competitive in the ever-evolving fast-food industry.
• To maintain its market position, Subway may need to continually adapt and
innovate while staying true to its core values of fresh and healthy fast food.
➢ Recommendations :
• To maintain its market position, Subway may need to continually adapt and
innovate while staying true to its core values of fresh and healthy fast food.
• Emphasize the importance of providing comprehensive training and ongoing
support to franchisees to maintain consistent quality and service across all
locations. This will also help improve franchisee satisfaction.
4. Dominos
Domino’s started out small, with just one store in Ypsilanti, Michigan, in 1960.
Domino’s has grown to become one of the most recognized and leading pizza
brands in the world.
1983
Domino’s first international store opens in Winnipeg, Canada, and opened its first
store outside North America in Queensland, Australia.
Formerly Dominos pizza
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Type Public
Industry Foodservice
Franchising
Website Dominos.com
➢ Retail strategy
Domino's Pizza employs several retail strategies to remain competitive and deliver
customer satisfaction:
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Menu Innovation: Constantly updating their menu with new pizza options and
sides keeps customers engaged and encourages repeat business.
Social Media Engagement: They leverage social media for marketing and customer
interaction.
Franchise Model: Domino's utilizes a franchise system, which allows for local
flexibility and entrepreneurship while adhering to corporate standards.
These strategies collectively help Domino's maintain its position as a leading pizza
chain in the highly competitive fast-food industry.
➢ Store layout
The layout of a Domino's Pizza restaurant typically includes areas for the following:
1. Order Counter: This is where customers can place their orders, pay, and
inquire about the menu.
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2. Dining Area: Some Domino's locations have a dining area where customers
can sit and enjoy their pizza.
3. Kitchen Area: This is where the pizza is prepared. It includes ovens,
workstations for making pizza, and areas for preparing other menu items.
4. Pickup Counter: Once the pizza is ready, it's placed on a counter for
customers to pick up.
5. Delivery Area: In-store, this is where delivery drivers wait for their orders.
For delivery orders, it also includes areas for assembling and packaging
orders for delivery.
6. Storage and Refrigeration: There are storage areas for ingredients, as well
as refrigeration for items like cheese, dough, and toppings.
➢ Product display
In a Domino's Pizza store, the product display typically includes showcasing the
available pizza options on the menu. This can be done through various means,
such as:
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1. Menu Boards: Domino's typically has menu boards on display, either as
physical boards in the store or as digital screens, showing the variety of
pizzas, toppings, and other menu items available.
2. Pizza Images: Images of the pizzas are often displayed to give customers a
visual representation of what they can order. These images can be on the
menu, on promotional materials, or even on the store's website.
3. Promotional Materials: Special offers and promotions might be displayed,
such as "Pizza of the Day" or combo deals, often with images to entice
customers.
4. Online Ordering: Many Domino's locations offer online ordering through
their website or mobile app, where customers can see a digital display of the
menu and customize their orders.
The goal of the product display is to make it easy for customers to choose and
customize their pizzas, as well as to promote special offers and new items on the
menu.
➢ Logistics
Order Placement: Customers can place orders through the Domino's website,
mobile app, or by phone. Orders are processed at the nearest store.
Order Preparation: Once an order is received, the store's kitchen staff prepares
the pizza and other items, like sides and desserts.
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Packaging: The order is then packaged in boxes and bags, with appropriate labels
for delivery.
Tracking: Customers can track their order's status through the Domino's website
or app, including real-time updates on the delivery driver's location.
Delivery: Drivers follow the optimized route to deliver the order to the customer's
location within the estimated time.
Payment: Customers can pay in various ways, including cash, credit cards, or
online payment methods.
Efficient logistics are essential for ensuring that pizzas are delivered hot and fresh
to customers, which is a significant part of Domino's brand promise.
➢ SWOT analysis
Strengths of dominos:
Weaknesses of dominos:
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1. Quality Concerns: Some customers may perceive the quality of ingredients
as lower than competitors.
2. Reliance on Franchisees: Most stores are owned by franchisees, which can
lead to variations in service quality.
3. Health Concerns: Increased awareness of health issues may affect sales of
fast food.
Opportunities:
Threats:
➢ Conclusion
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➢ Recommendations
• They can create exciting new pizza flavors to attract more customers.
• Special Deals: Offer special discounts and deals to encourage people to
order more often.
• Fresh Ingredients: Always use the freshest ingredients to make delicious
pizzas.
5. Pizza Hut
Pizza Hut is an American multinational restaurant chain and international
franchise founded in 1958 in Wichita, Kansas by Dan and Frank Carney.
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Pizza Hut is split into several different restaurant formats: the original family-style
dine-in locations; storefront delivery and carry-out locations; and hybrid locations
that have carry-out, delivery, and dine-in options.
Type Subsidiary
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Products Pizza
Fries
Italian taco
Pan pizza
Pasta
Chicken wings
Breadsticks
Services Franchising
Website Pizzahut.com
➢ Retail strategy
Pizza Hut's retail strategy typically focuses on the following key elements:
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4. Delivery and Takeout Services: They offer various delivery and takeout
options to cater to the growing demand for off-premises dining.
5. Marketing and Promotions: Pizza Hut frequently runs marketing campaigns
and promotions to attract and retain customers, such as limited-time offers
and loyalty programs.
6. Customer Experience: The company emphasizes creating a welcoming and
comfortable dining experience in their restaurants.
➢ Store layout
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• Dining Area: There's a dining area with tables and chairs where customers
can sit and enjoy their meals.
• Counter or Host Station: This is where you may place your order, get seated
by a host, or pick up takeout orders.
• Kitchen: The kitchen is where the pizza and other menu items are prepared.
➢ Product display
Product displays at Pizza Hut primarily involve showcasing their menu items,
particularly their pizzas, in an appealing and informative manner.
1. Menu Boards: Pizza Hut typically has large menu boards or digital screens
where they display their pizza offerings, including various sizes, crust types,
and toppings.
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2. Digital Displays: In modern Pizza Hut branches, you might find digital
screens displaying rotating images of their pizzas, promotions, and
nutritional information.
3. In-Store Advertising: You may see promotional materials such as banners,
standees, or tabletop displays that highlight special deals, new menu items,
or limited-time offers
➢ Logistics
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The logistics of Pizza Hut, like any restaurant chain, involve a complex system to
ensure efficient operations. Here are some key aspects:
Supply Chain: Pizza Hut manages a supply chain to source ingredients, including
dough, cheese, toppings, and more. They have distribution centers to ensure a
steady supply to their various locations.
Delivery and Takeout: Pizza Hut offers both dine-in and delivery/takeout options.
They have a delivery fleet and systems to manage orders.
Location Selection: Choosing the right locations for outlets is crucial for the
success of the chain.
Quality Control: Ensuring that each pizza meets the brand's quality standards.
Overall, Pizza Hut's logistics involve a blend of food production, supply chain
management, and customer service to provide pizzas efficiently to customers.
➢ SWOT analysis
Strengths of Pizza Hut:
1. Competition: Face stiff competition from other pizza chains and local
pizzerias.
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2. Changing Consumer Preferences: As consumer tastes change, Pizza Hut
must adapt its menu.
3. Negative Health Perceptions: Concerns about the healthiness of fast food
can impact sales
Conclusion
• Pizza Hut can make its pizza business better by offering more types of pizzas
and improving the ingredients they use. They should also get faster at
delivering pizzas and let people order online easily. Listening to what
customers say and using their advice to improve is important. They can do
special deals and ads for different areas, and be more eco-friendly. they can
make special deals for families and lunch. By doing these things, Pizza Hut
can make customers happier and sell more pizza.
Recommendations
• Offer special discounts and deals to encourage people to order more often.
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• Encourage customers to provide feedback on their experiences. Use this
feedback to make improvements in service, food quality, and the overall
dining experience
• .Create value meal options to attract budget-conscious customers, such as
family meal deals or lunch specials.
➢ Bibliography
• Retail Marketing -
https://ycmou.ac.in/media/publication/ycmou_book/SNP_YB_144.pdf
• Book : Retail Management
Dr. Shaila bootwala
Dr. Zakira shaikh
Nike
•Linkspringer.com
•https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2760631
•https://link.springer.com/chapter/10.1007/978-3-030-86347-0_10
•https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=nike+logistics
+supply+chain&oq=nike+LOGISTICS+#d=gs_qabs&t=1698316024952&u=%2
3p%3D3PCzNNgqhGgJ
• Book : Retail Management
Dr. Shaila bootwala
Dr. Zakira shaikh
Samsung
• https://link.springer.com/chapter/10.1007/978-3-030-86347-0_10
51
• https://insights.samsung.com/2022/11/08/reshaping-retail-how-shopping-
will-look-tomorrow-2/
• https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=store+layout+
of+Samsung+&btnG=#d=gs_qabs&t=1698316338546&u=%23p%3DA-
lxPM4d9bQJ
• Book : retailing management
By Michael levy, and Barton A. Weitz
Subway
• https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=subway+retail
+research+&btnG=#d=gs_qabs&t=1698317036490&u=%23p%3DP56WOIJU
qlIJ
• https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=SWOT+analysi
s+of+subway+restaurant&oq=SWOT+analysis+of+subway+res#d=gs_qabs&t
=1698317104826&u=%23p%3DVPq-q5huq84J
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Dominos
• https://biz.dominos.com/about-us/history/
• https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=dominos+reta
il+strategies+&btnG=#d=gs_qabs&t=1698317402193&u=%23p%3DeEDJSXsv
LfQJ
• https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=SWOT+analysi
s+of+dominos+&btnG=#d=gs_qabs&t=1698317504514&u=%23p%3DhL6Feb
2gXzIJ
• https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=logistics+of+d
ominos+&btnG=#d=gs_qabs&t=1698317570815&u=%23p%3DD5TPsp_cPW
8J
• Book Retail Management by Suja Nair
Pizza Hut
• https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=pizza+hut&oq
=pizza+#d=gs_qabs&t=1698317660890&u=%23p%3D5ivFxOBqz_MJ
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• https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=pizza+hut+ret
ail+strategies+&btnG=#d=gs_qabs&t=1698317686048&u=%23p%3Da7j18w
d-320J
• https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=pizza+hut+sw
ot+analysis&oq=pizza+hut+SWOT+#d=gs_qabs&t=1698317777363&u=%23p
%3Dz48t3XyOtLgJ
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