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of Indian bazaars with the      from moms along with their demanding kids to
                                                                              comfort, convenience and        senior citizens with their grand children in tow.
                                                                              quality that modern             Built on an inclusive platform that welcomes
                                                                              retailing brings. Launched in   consumers from all socio-economic strata, a visit
                                                                              August 2001, Big Bazaar has     to Big Bazaar is not only about shopping but
                                                                              now become the iconic           also about spending quality time with the family.
                                                                              destination of modern
                                                                              retailing for all sections of   Achievements
                                                                              Indian consumers. There are     Big Bazaar is helping India make up lost time. It
                                                                              80 Big Bazaar stores in 45      is currently in the midst of the fastest ever
                                                                              cities including                                                     expansion of a
                                                                              smaller towns                                                        hypermarket
                                                                              like Sangli,                                                         format
                                                                              Durgapur,                                                            anywhere in
                                                                              Panipat,                                                             the world.
                                                                              Palakkad,                                                            From 30 stores
                                                                              Ambala, Meerut,                                                      in June 2006,
                                                                              Kolhapur and                                                         Big Bazaar will
 Market                                                 Haldia. Attracting over 100 million                                                        be emblazoned
 The retail industry is one of the biggest money        customers every year, it has                                                               on 120 new
 spinners in the world, notching up US$ 6.60            democratised shopping in India and                                                         stores by
 trillion (Rs. 2.64 crore crore) in turnover            become synonymous with great                                                               June 2008.
 (Source: Euromonitor Study). In India the sector       promotions that offer quality                                                                 There could
 is worth Rs. 720,000 crore (US$ 180 billion)           products at affordable prices.                                             be several ways of measuring
 growing at between 11% and 12% annually                   Spread over anywhere                                                     success of a retail chain.
 (Source: CII-McKinsey Report).                         between 30,000                                                               However, if figures were to
     Despite its massive size, the business is almost   square feet and                                                               be taken as the most
 entirely controlled by the unorganised sector.         150,000 square                                                                 authentic claim of having
 While organised retail makes up 70% to 80% of          feet of retail space,                                                           arrived, then Big Bazaar is
 all retail business in developed countries, in India   a typical Big Bazaar                                                             already there. For more
 it is pegged at a lowly 2% (Source: Crisil Report      store offers over                                                                 than 100 million people
 on India’s Retail Industry).This is by far the         160,000 products                                                                   who walk past its billing
 lowest in the world and even far below                 across categories                                                                  counters, each year, it is
 comparable countries in Asia. In China,                like apparel, general                                                   now the preferred shopping
 organised retailing accounts for 20% of all            merchandise, food,                                           destination. From Panipat to Pallakad,
 business, while in Indonesia it is 25%, in             cosmetics, home needs,                                Big Bazaar’s tagline, Is se sasta aur accha kahin
 Philippines 35%, in Thailand it is pegged at           electronics, furniture,                               nahi is a source of cheer and happiness.
 40% and in Malaysia it is reputed to be 50%            communications, books,                                   This has been recognised by the numerous
 (Source: Euromonitor Study).                           music, gold and pearl jewellery and even value        awards that Big Bazaar has won in the past
     Big Bazaar is credited with bringing organised     added services like consumer credit, beauty           twelve months. The brand has been adjudged
 mega retailing to India. The project was               salons, gyms and travel services.                     the Best Value Retail Store and Best Retail
 conceived as a uniquely Indian hypermarket in a           On a typical weekend evening, a Big Bazaar         Destination at the Images Retail Forum for
 format that combined the look, touch and feel          store plays host to over 10,000 customers –           four consecutive years, beginning 2004. CNBC
                                                                                                              Awaaz, in association with ACNielsen-ORG
                                                                                                              Marg, which conducts a study across 21
                                                                                                              major cities and some 10,000 consumers,
                                                                                                              on their most preferred brands, has voted
                                                                                                              overwhelmingly for Big Bazaar. Both in 2006 and
                                                                                                              2007, Big Bazaar won the Consumer Award for
                                                                                                              the most preferred large, food and grocery
                                                                                                              store. It won the award for Value Retailing and
                                                                                                              Retail Destination of the Year by Reid & Taylor
                                                                                                              in 2006 and in the same year also won the
                                                                                                              Reader’s Digest Platinum Trusted Brand Award.

                                                                                                              History
                                                                                                              The first Big Bazaar store, with an area of about
                                                                                                              24,000 square feet, opened on VIP Road, Kolkata
                                                                                                              in August 2001. This was followed by stores in
                                                                                                              Hyderabad, Bangalore, Mumbai and Gurgaon.
                                                                                                              The initial categories on offer were apparel,
                                                                                                              general merchandise and food. Later, several
                                                                                                              brands from categories like electronics, furniture,
                                                                                                              music, communications and books were added
                                                                                                              to the bouquet of products.
                                                                                                                 Big Bazaar implemented SAP in 2005 to run
                                                                                                              its stores in the most efficient manner that
                                                                                                              technology could provide.
                                                                                                                 With an increasing number of customers


26   SUPERBRANDS
value for money.            Exchange was an innovative promotion
                                                                                      Big Bazaar has       launched by Big Bazaar in 2005 to provide
                                                                                   also tied up with a     customers an opportunity to get rid of their
                                                                                   host of well-know       junk and in return shop for a wide range of
                                                                                   brands which offer      products at a discount.
                                                                                   exclusive lines             In-store communications in Big Bazaar are
                                                                                   created especially      unique and rather novel. To ensure that no one
                                                                                   for the store. These    misses out on an opportunity to gain from
                                                                                   include Levis, Lee      special offers, service boys ferry around a trolley
                                                                                   Cooper, Wrangler        with the product inside, announcing the scheme.
                                                                                   and Disney.             Not only is this entertaining it also helps
                                                                                                           customers pick up the product from the
                                                                                   Recent                  trolley instead of walking up to the rack where
                                                                                   Developments            it is on display.
                                                                                     Big Bazaar, a part        To make sure that non-English speaking
                                                                                     of the Future         customers don’t feel alienated the
                                                                                     Group, is currently   communication is also conducted in the
                                                                                     driving a number of   local language. The communication is always
                                                                                     initiatives. Future   unambiguous and direct.
                                                                                     Money, a credit
                                                                                     facility is in an     Brand Values
patronising its stores, it was time for Big Bazaar   experimental stage in several outlets. Cleartrip      Brand Big Bazaar stands for delivering value for
to reach out to them. To pay tribute and to tell     for travel and tours and Talwalkar’s for gym and      money. Customer service and shopping comfort
them how much they were appreciated,                 health club services have also been launched in       are at the core of Big Bazaar’s philosophy.
Big Bazaar launched a co-branded credit card. In     many stores recently. With a view to bringing         Innovation and initiative define its brand
association with ICICI bank, the Big Bazaar-ICICI    value to more people, Big Bazaar is taking its        character. It strives to reach out to its customers
Bank credit card made its first appearance in        brand to Tier II and Tier III towns as well. Big      by imbibing the local flavour and melting into
May, 2002.                                           Bazaar is also using the huge footfalls to its        the local geography.
   As an extension of its customer relationship      stores to test new concepts
initiatives it also launched Shakti, a credit card   and ideas. The customer
for housewives, in February 2006. The card was       response this generates
unique, for it required no proof of income.          helps in refining a launch
Today the Big Bazaar-ICICI Bank co-branded           before a full fledged
card is one of the largest loyalty credit card       roll out.
programmes in the country.
   Big Bazaar is now an agglomeration of
multiple, carefully chosen categories and
brands. Within the store, Big
Bazaar has created
several sub categories:
Depot is its books and
music section; Staples
offers office stationery
products while Star &
Sitara is a beauty salon.
Future Money provides
consumer credit for                                                                                            Big Bazaar has recently launched a campaign
products purchased within                                                                                  titled Power of One. This initiative encourages
Big Bazaar.                                                                                                customers to add One Rupee to their bill
                                                                                                           towards donation to a social cause. Big Bazaar
Product                                                                           Promotion                makes an equal contribution and donates the
With a better understanding                                             Big Bazaar has been credited       entire proceeds to an NGO called Save the
of consumer behaviour across                                 with some of the biggest consumer             Children India. This is a selfless body which has
various cultures and classes,                        campaigns in the history of Indian retail.            been working for the welfare of children from
Big Bazaar has put together a                           In celebration of Republic Day, Big Bazaar         marginalised sections of society.
stunning range of over 160,000 SKUs. Private         created a three-day shopping bonanza called               Big Bazaar has recently launched a corporate
labels of Big Bazaar are among the largest           Sabse Saste Teen Din. This has now become a           campaign which revolves around a family having
apparel and fashion brands in the country.           national event that attracts millions of              a great time together. The brand anthem
These include, DJ&C – men’s casual wear              customers eager to benefit from the once-in-a-        Khushiyon se Bhari Jholi connects with the
range and Knighthood – men’s formal wear             year smart deals. In January 2008, the three-day      customers at an emotional level positioning
range; Pink & Blue are exclusive garments            event generated sales worth over Rs. 240 crore        Big Bazaar as part of the happy moments.
designed for modern kids; Srishti, a label of        (US$ 60 million) in 80 Big Bazaar stores.
ethnic wear for women; Haute N Spicy,                   15th August, India’s Independence Day is           www.pantaloon.com
fashionable western wear for teenage girls;          billed as the Maha Savings Day. So successful has
Dreamline, a label that caters to an entire          this become that to cater to the rush Big Bazaar
range of home linen, utensils and crockery and       stores in many cities stay open till midnight.
                                                                                                           THINGS YOU DIDN’T KNOW ABOUT
D’tachi, a luggage label that offers outstanding        Wednesday Bazaar is the Hafte ka Sabse
                                                               Sasta Din. It was initially created with
                                                               the intent of decongesting weekends          Big Bazaar
                                                               and driving footfalls on weekdays. As it
                                                               transpired, most Big Bazaar stores           2 million customers walk-in each week into
                                                               now attract as many customers on             Big Bazaar stores
                                                               Wednesdays as they do on weekends.           Collectively, Big Bazaar stores cover nearly 4
                                                                  A property that offers special            million square feet of space
                                                               benefits and privileges to senior
                                                               citizens was built around Senior             In three days between January 25 and January
                                                               Citizens Day.                                27 2008, Big Bazaar sold over 100,000 pairs of
                                                                  Price Challenge was created to            Jeans and 200,000 shirts
                                                               reinforce Big Bazaar’s value proposition     Big Bazaar has a base of over 1 million loyalty
                                                               of Is se sasta aur accha kahin nahi. The     card members
                                                               scheme simply offers twice the price
                                                               difference should the cost of an item        More than 160,000 products are sold at
                                                               at a Big Bazaar store be found to be         Big Bazaar stores
                                                               more than the market price.


                                                                                                                                                SUPERBRANDS   27

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Big Bazaar

  • 1. of Indian bazaars with the from moms along with their demanding kids to comfort, convenience and senior citizens with their grand children in tow. quality that modern Built on an inclusive platform that welcomes retailing brings. Launched in consumers from all socio-economic strata, a visit August 2001, Big Bazaar has to Big Bazaar is not only about shopping but now become the iconic also about spending quality time with the family. destination of modern retailing for all sections of Achievements Indian consumers. There are Big Bazaar is helping India make up lost time. It 80 Big Bazaar stores in 45 is currently in the midst of the fastest ever cities including expansion of a smaller towns hypermarket like Sangli, format Durgapur, anywhere in Panipat, the world. Palakkad, From 30 stores Ambala, Meerut, in June 2006, Kolhapur and Big Bazaar will Market Haldia. Attracting over 100 million be emblazoned The retail industry is one of the biggest money customers every year, it has on 120 new spinners in the world, notching up US$ 6.60 democratised shopping in India and stores by trillion (Rs. 2.64 crore crore) in turnover become synonymous with great June 2008. (Source: Euromonitor Study). In India the sector promotions that offer quality There could is worth Rs. 720,000 crore (US$ 180 billion) products at affordable prices. be several ways of measuring growing at between 11% and 12% annually Spread over anywhere success of a retail chain. (Source: CII-McKinsey Report). between 30,000 However, if figures were to Despite its massive size, the business is almost square feet and be taken as the most entirely controlled by the unorganised sector. 150,000 square authentic claim of having While organised retail makes up 70% to 80% of feet of retail space, arrived, then Big Bazaar is all retail business in developed countries, in India a typical Big Bazaar already there. For more it is pegged at a lowly 2% (Source: Crisil Report store offers over than 100 million people on India’s Retail Industry).This is by far the 160,000 products who walk past its billing lowest in the world and even far below across categories counters, each year, it is comparable countries in Asia. In China, like apparel, general now the preferred shopping organised retailing accounts for 20% of all merchandise, food, destination. From Panipat to Pallakad, business, while in Indonesia it is 25%, in cosmetics, home needs, Big Bazaar’s tagline, Is se sasta aur accha kahin Philippines 35%, in Thailand it is pegged at electronics, furniture, nahi is a source of cheer and happiness. 40% and in Malaysia it is reputed to be 50% communications, books, This has been recognised by the numerous (Source: Euromonitor Study). music, gold and pearl jewellery and even value awards that Big Bazaar has won in the past Big Bazaar is credited with bringing organised added services like consumer credit, beauty twelve months. The brand has been adjudged mega retailing to India. The project was salons, gyms and travel services. the Best Value Retail Store and Best Retail conceived as a uniquely Indian hypermarket in a On a typical weekend evening, a Big Bazaar Destination at the Images Retail Forum for format that combined the look, touch and feel store plays host to over 10,000 customers – four consecutive years, beginning 2004. CNBC Awaaz, in association with ACNielsen-ORG Marg, which conducts a study across 21 major cities and some 10,000 consumers, on their most preferred brands, has voted overwhelmingly for Big Bazaar. Both in 2006 and 2007, Big Bazaar won the Consumer Award for the most preferred large, food and grocery store. It won the award for Value Retailing and Retail Destination of the Year by Reid & Taylor in 2006 and in the same year also won the Reader’s Digest Platinum Trusted Brand Award. History The first Big Bazaar store, with an area of about 24,000 square feet, opened on VIP Road, Kolkata in August 2001. This was followed by stores in Hyderabad, Bangalore, Mumbai and Gurgaon. The initial categories on offer were apparel, general merchandise and food. Later, several brands from categories like electronics, furniture, music, communications and books were added to the bouquet of products. Big Bazaar implemented SAP in 2005 to run its stores in the most efficient manner that technology could provide. With an increasing number of customers 26 SUPERBRANDS
  • 2. value for money. Exchange was an innovative promotion Big Bazaar has launched by Big Bazaar in 2005 to provide also tied up with a customers an opportunity to get rid of their host of well-know junk and in return shop for a wide range of brands which offer products at a discount. exclusive lines In-store communications in Big Bazaar are created especially unique and rather novel. To ensure that no one for the store. These misses out on an opportunity to gain from include Levis, Lee special offers, service boys ferry around a trolley Cooper, Wrangler with the product inside, announcing the scheme. and Disney. Not only is this entertaining it also helps customers pick up the product from the Recent trolley instead of walking up to the rack where Developments it is on display. Big Bazaar, a part To make sure that non-English speaking of the Future customers don’t feel alienated the Group, is currently communication is also conducted in the driving a number of local language. The communication is always initiatives. Future unambiguous and direct. Money, a credit facility is in an Brand Values patronising its stores, it was time for Big Bazaar experimental stage in several outlets. Cleartrip Brand Big Bazaar stands for delivering value for to reach out to them. To pay tribute and to tell for travel and tours and Talwalkar’s for gym and money. Customer service and shopping comfort them how much they were appreciated, health club services have also been launched in are at the core of Big Bazaar’s philosophy. Big Bazaar launched a co-branded credit card. In many stores recently. With a view to bringing Innovation and initiative define its brand association with ICICI bank, the Big Bazaar-ICICI value to more people, Big Bazaar is taking its character. It strives to reach out to its customers Bank credit card made its first appearance in brand to Tier II and Tier III towns as well. Big by imbibing the local flavour and melting into May, 2002. Bazaar is also using the huge footfalls to its the local geography. As an extension of its customer relationship stores to test new concepts initiatives it also launched Shakti, a credit card and ideas. The customer for housewives, in February 2006. The card was response this generates unique, for it required no proof of income. helps in refining a launch Today the Big Bazaar-ICICI Bank co-branded before a full fledged card is one of the largest loyalty credit card roll out. programmes in the country. Big Bazaar is now an agglomeration of multiple, carefully chosen categories and brands. Within the store, Big Bazaar has created several sub categories: Depot is its books and music section; Staples offers office stationery products while Star & Sitara is a beauty salon. Future Money provides consumer credit for Big Bazaar has recently launched a campaign products purchased within titled Power of One. This initiative encourages Big Bazaar. customers to add One Rupee to their bill towards donation to a social cause. Big Bazaar Product Promotion makes an equal contribution and donates the With a better understanding Big Bazaar has been credited entire proceeds to an NGO called Save the of consumer behaviour across with some of the biggest consumer Children India. This is a selfless body which has various cultures and classes, campaigns in the history of Indian retail. been working for the welfare of children from Big Bazaar has put together a In celebration of Republic Day, Big Bazaar marginalised sections of society. stunning range of over 160,000 SKUs. Private created a three-day shopping bonanza called Big Bazaar has recently launched a corporate labels of Big Bazaar are among the largest Sabse Saste Teen Din. This has now become a campaign which revolves around a family having apparel and fashion brands in the country. national event that attracts millions of a great time together. The brand anthem These include, DJ&C – men’s casual wear customers eager to benefit from the once-in-a- Khushiyon se Bhari Jholi connects with the range and Knighthood – men’s formal wear year smart deals. In January 2008, the three-day customers at an emotional level positioning range; Pink & Blue are exclusive garments event generated sales worth over Rs. 240 crore Big Bazaar as part of the happy moments. designed for modern kids; Srishti, a label of (US$ 60 million) in 80 Big Bazaar stores. ethnic wear for women; Haute N Spicy, 15th August, India’s Independence Day is www.pantaloon.com fashionable western wear for teenage girls; billed as the Maha Savings Day. So successful has Dreamline, a label that caters to an entire this become that to cater to the rush Big Bazaar range of home linen, utensils and crockery and stores in many cities stay open till midnight. THINGS YOU DIDN’T KNOW ABOUT D’tachi, a luggage label that offers outstanding Wednesday Bazaar is the Hafte ka Sabse Sasta Din. It was initially created with the intent of decongesting weekends Big Bazaar and driving footfalls on weekdays. As it transpired, most Big Bazaar stores 2 million customers walk-in each week into now attract as many customers on Big Bazaar stores Wednesdays as they do on weekends. Collectively, Big Bazaar stores cover nearly 4 A property that offers special million square feet of space benefits and privileges to senior citizens was built around Senior In three days between January 25 and January Citizens Day. 27 2008, Big Bazaar sold over 100,000 pairs of Price Challenge was created to Jeans and 200,000 shirts reinforce Big Bazaar’s value proposition Big Bazaar has a base of over 1 million loyalty of Is se sasta aur accha kahin nahi. The card members scheme simply offers twice the price difference should the cost of an item More than 160,000 products are sold at at a Big Bazaar store be found to be Big Bazaar stores more than the market price. SUPERBRANDS 27