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	<title>Retail News Update &#187; Bookstores</title>
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		<title>Retailers bet on entertainment activities to lure customers.</title>
		<link>http://artrm.com/retail-news/2008/08/retailers-bet-on-entertainment-activities-to-lure-customers/</link>
		<comments>http://artrm.com/retail-news/2008/08/retailers-bet-on-entertainment-activities-to-lure-customers/#comments</comments>
		<pubDate>Mon, 04 Aug 2008 14:41:27 +0000</pubDate>
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				<category><![CDATA[Entertainment]]></category>
		<category><![CDATA[News & Articles]]></category>
		<category><![CDATA[Big Bazaar]]></category>
		<category><![CDATA[Bookstores]]></category>
		<category><![CDATA[Leisure]]></category>
		<category><![CDATA[retailers]]></category>
		<category><![CDATA[Salon]]></category>
		<category><![CDATA[Shoppers' Stop]]></category>
		<category><![CDATA[spas]]></category>
		<category><![CDATA[Spencer]]></category>
		<category><![CDATA[Subhiksha]]></category>
		<category><![CDATA[Vishal Retail]]></category>

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		<description><![CDATA[ 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 [&#8230;] <a class="more-link" href="http://artrm.com/retail-news/2008/08/retailers-bet-on-entertainment-activities-to-lure-customers/">&#8595; Read the rest of this entry...</a>]]></description>
				<content:encoded><![CDATA[<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;"><span> </span></span><span style="font-size:10pt;font-family:Arial;">NEW DELHI: As spiralling inflation dents buyer sentiment, leisure and entertainment forays seem to<span>  </span>be big retailers’ weapons to fight flagging sales.</span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">Leading the way is Kishore Biyani-led Future Group that is opening unisex salons, gaming centres<span>  </span>and family entertainment centres at its nine Big Bazaar Supercentres. Similarly, Vishal Retail is<span>  </span>planning to start salons within the premises of its 120-odd outlets.</span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">Shoppers Stop has introduced its brand of cafes, bookstores and spas within its stores to make<span>  </span>consumers spend more time and entice them to buy more.</span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">Shoppers Stop vice-president (marketing) Vinay Bhatia feels such options are important to retain<span>  </span>customers. “A customer now looks for more than just shopping. We realise that convergence of retail<span>  </span>and entertainment is the way to enhance a shopper’s experience. We are constantly trying to get<span>  </span>things that are ‘shopping plus’. So we have Crossword, our bookstore, Cafe Brio &amp; DesiCafe and<span>  </span>other such specialty stores within Shoppers Stop stores to enrich consumer experience.”</span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">The Raheja Group-promoted Shoppers Stop is putting its best foot forward to attract shoppers. The<span>  </span>company has added small spa centres, allowing consumers a quick foot massage. Then there are<span>  </span>bookstores and cafes along with several other initiatives to attract customers and make them spend<span>  </span>more time inside the store. It has also introduced a ‘Monsoon Makeover’ offering that promises free<span>  </span>makeover for people who walk in.</span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">Following suit is Vishal Retail that will begin by opening salons within the premises of its stores. Says<span>  </span>Vishal Retail chairman RC Agarwal, “The initiative is in the planning stage. There is a definite market<span>  </span>for these services.”</span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">Spencer’s Retail is also going the extra mile to ensure visitors stay longer and are entertained well.<span>  </span>Across the stores, there are live kitchens on weekends that have Japanese, Thai and Italian chefs.</span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">Then there is Books &amp; Beyond, Spencer’s brand of bookstores that has periodic book reading<span>  </span>sessions and launches. Stores are also lined with interactive LCD screens that have both original<span>  </span>and borrowed content entertaining people.</span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">“We do a business of Rs 100 crore every month. This is 5% of our revenues. Today, consumers<span>  </span>expect to feel relaxed and entertained. This is important for a chain like ours that wants to be<span>  </span>differentiated. This concept, however, may not have much potential with discount chains,” says<span>  </span>Spencer’s Retail marketing V-P Samar Singh Sheikhawat.</span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">There are still others like Subhiksha Retail MD R Subramaniam who think it wise to continue retailing<span>  </span>what they currently do. “We are staying focused on what we sell, groceries, mobile phones and<span>  </span>medicines. There will be a foray into consumer durables and IT products soon.”</span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;"><strong>Gaining Share</strong></span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">▪ Future Group is opening unisex salons, gaming centres and family entertainment centres at its nine<span>  </span>Big Bazaar Supercentres.</span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">▪ Vishal Retail is planning to start salons within premises of its 120-odd outlets.</span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">▪ Shoppers Stop has introduced its own brand of cafes, bookstores and spas within its stores to<span>  </span>make consumers spend more time at the store and entice them to buy more.</span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">▪ Spencer’s Retail has set up live kitchens and book stores to ensure customers spend more time.</span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;">▪ Smaller players like Subhiksha Retail think it wise to continue retailing what they presently do.</span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:Arial;"> </span></p>
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