Raipur offers high biz potential for Loot Value Retailing
12 Oct '07
4 min read
Through this campaign, the Loot aims to leverage the negative shades of Gulshan Grover to lure the consumers by influencing their desire for great steals on big brands.
Speaking on the occasion, Mr. Jay Gupta, Customer Care Executive and MD, The Loot said, “We started off as a franchisee of various brands & soon moved to creating a chain in the space of 'Value Retailing'."
"The Loot's strength as a retailer lies in proper procurement and an excellent supply chain management. This helps in getting better pricing from the manufacturer and thereafter passing on the benefit to the consumer."
"Raipur offers tremendous business potential and hence we have introduced the concept of Value Retailing to cater to the growing needs for international brands at attractive prices”.
Pioneers from disorganized to organized retailing with professional management - The LOOT currently offers the right mix of formals, semi-formals, casuals, kids & sports category of garments, footwear & accessories.
Though The Loot is a Multi brand Discount store, it offers their customers international shopping ambience, good customer service, not only they promise value for money but also makes sure that their customers get quality products.
It is neither a factory outlet nor a second's store and it DOES NOT SELL ANY DEFECTIVE, SHOP SOILED or SECONDS stocks. They truly stand by what they define themselves to be-The multibranded discount store.
The LOOT currently operates 21 stores in cities like, Mumbai, Navi-Mumbai, Delhi, Pune, Surat, Ahmedabad, Aurangabad, Mysore, Jabalpur, Raipur and Nashik. Shortly opening stores in cities such as Sonipat, Ludhiana, Baroda, Guwahati, Bangalore, and Kalyan, Sion and Hughes Road in Mumbai are on the anvil.
The store ended up last year (2006-07) with a top line of 25 crores and planning to end the current financial year at about 50 crores.
To propel the growth of the company and to move to the next level, they have invested skillfully in IT & SCM. Their focus is also on personnel training and great emphasis is being laid on preparing the back end to take growth to about 100 stores by the year 2008-09.
marketing@alchempro.com
