Description
SWOT ANALYSIS OF SPENCERS RETAIL

Spencers Retail

Parent Company

RPG Enterprise Group

Category

Food Retail

Sector

Lifestyle and Retail

Tagline/ Slogan

Makes Fine Living Affordable

Create memorable 360° shopping experiences for consumers with a USP premium, high-street touch STP

Discerning young customers looking for a range of quality products that let Segment them participate in a global lifestyle

Target Group

Upper-middle and upper class individuals

Delighting shoppers with the best products and services that enable a fine living at reasonable prices while providing them with a warm, friendly and Positioning knowledgeable retail environment. SWOT Analysis

1. A very broad product portfolioof food and lifestyle (fashion, home, entertainment) brands, with a special emphasis and brands and quality 2. Extremely successful customer engagement programmes 3. Follows differentiation as a strategy rather than cost-leadership 4.Brand Imagery-perceived as an international, contemporary, accessible, empathetic and trusted brand 5.Offers promotions carefully designed to suit the buying cycle and shopping Strength basket of the consumers

1.Rising Operating costs Weakness 2. Limited Geographical presence 3.High bargaining power of suppliers across the huge product range it deals

in

1.Growth of organized retail sector in India which was till now dominated by unorganized kirana(convenience) stores 2.Favourable Indian demographics- rising middle class, young working population with higher disposable incomes who prefer to shop under one roof and stock items Opportunity 3.Expansion through large format stores across the country

1. Stringent Government regulations in the organized retail sector in India 2.Competition from leading international retail giants such as Tesco, Carrefour, Walmart due to approval of FDI in multi-retail Threats 3.Competition from rising presence of e-commerce shopping sites Competition

1. Aditya Birla Retail Ltd. 2.N Stores Food Retail Pvt. Ltd. 3.Lifestyle Brands Ltd. Competitors 4.Pantaloon Retail India Ltd.



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