Preview

Crossword Bookstores - a Retail Analysis

Powerful Essays
Open Document
Open Document
1903 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Crossword Bookstores - a Retail Analysis
Retail Management: Crossword
This report covers branding as personification, differentiation and identification of Crossword as a book store. The report also talks of comparative study with the competition.
Submitted by: Aashish Dua 076B Akshata Bhat 006A Apoorva Sharma 011A Ishan Kaul 022A Pulak Narain 042A Shaunak Mukherjee 129B

Retail Management 1. Background of the retail stores

a. CROSSWORD

Crossword, a wholly-owned subsidiary of Shoppers Stop Limited, is the largest bookstore chain in India. Presently, Crossword has 52 stores across Mumbai, Bangalore, Ahmedabad, Ghaziabad, Pune, Vadodara, Kolkata, Chennai, Jaipur, Vishakapatnam and Hyderabad.
Crossword came into existence on 15th October 1992. Crossword, positioned as a lifestyle bookstore, has been able to change this by designing large, spacious, well laid out stores, with bright cheerful interiors that encourage people to stay and browse. Simple innovations such as methodical classifications, clear signage, a dedicated enquiry /orders desk, electronic POS and inventory control systems and attractive displays make looking for books a much more pleasurable experience. Crossword ensures that customers are able to browse in comfort for long hours without having to leave.
Crossword also addresses a wider audience than existing stores with its unique product mix. There is of course, the widest range of books for the young and old alike, along with magazines, CD-ROMs, music, stationery and toys. With its large children's section and its focus on making the store a friendly, safe, fun-filled place, Crossword attracts many families who normally don't think of visiting bookstores. Services like Dial-a-book, Fax-a-book and Email-a-book enable customers to shop from their homes; and when they

You May Also Find These Documents Helpful

  • Better Essays

    One of the most popular leisure activities in the world is reading. The reading industry is a multi-billion dollar industry, and Barnes & Noble is no small player. Primarily a retail business, New York-based Barnes & Noble has cemented themselves as a pillar of strength in the industry by operating over 1300 retail stores in the United States. More recently, they have entered the technology field as the reading industry moved more towards digital media. Currently, Barnes & Noble provides retail services on over 600 college campuses, and operates one of the world’s largest e-commerce web sites. With their entry into digital media, Barnes & Noble has expanded its profitability by selling digital e-books to its customers, as well as traditional paperback, hard cover, textbooks, reference, fiction, and all other types of print media. Barnes & Noble remains one of the literary industry’s top firms, and looks to continue this performance long into the digital age.…

    • 1656 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    After researching and reading the 2009 and 1997 Annual Reports, it was determined, that in order to achieve this recognition, they needed to acquire the United Kingdom and German online booksellers. By these acquisitions, they increased book sales in the European markets. They have also formed the following strategic partnerships: 1) with AOL (to become the exclusive book retailer for the public website). 2) Borders (another book retailer with an online presence, to manage their web operations) and 3) with record labels, movie studios, and publishers to provide consumers the ability to download music, movies and books to electronic devices and Amazon’s Kindle.…

    • 1370 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Morgan Stanley

    • 924 Words
    • 4 Pages

    However, Amazon.com made this chain or supply useless. At amazon.com, unlike traditional bookstores, there are no bookshelves to browse. All contact with the costomer is either through its web site or by email. At the firm’s web site, customers can search for a specific book, topic and etc. Customers can browse, fill up a virtual shopping basket, and then complete the sale by…

    • 924 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Hall, W., & Gupta, A. (2010). Barnes & Noble, Inc.: Maintaining a competitive edge in an…

    • 7732 Words
    • 31 Pages
    Good Essays
  • Satisfactory Essays

    With technological evolution of digital media, eBooks and an abrupt rise in tech savvy readers there had been a dire need to understand change in consumer need and fulfil the growing gap. With the failure of its NOOK e-reader, declining tradition hardcover readers and constant pressure by competitor such as Amazon, it is no wonder why it is so difficult for them to compete. Apparently Barnes & Noble's present strategy is not working and is bringing…

    • 160 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Barnes & Noble is a company that was founded and owned by actual booksellers. To this date, they are the nation 's largest bookseller and employ more than 50,000 booksellers in the 800 stores around the nation. Leonard Riggio is the founder and chairman with a vision that bookstores could be the place where people could be and become (www.barnesandnoble.com). In this paper I will look at Barnes & Noble 's vision, goals and objectives as well as their strategic plan and will give a SWOT analysis of the company.…

    • 429 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The Nook has created a product line for Barnes and Nobles during a time they were facing declining sales and customer loyalty. The company was in need of a way to keep their existing consumer base and also extend their business in to the advancements made in literature from a technological standpoint. The company has been trying to combat the industry 's ongoing…

    • 939 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Barnes and Noble is the market leader in the bookstore industry. They have grown their business during tough economic times and have adapted well to the changing consumer demands as technology has advanced. By continuing to enhance their competitive strategy to align themselves with market demands, Barnes and Noble, with its multi-channel distribution platform, will continue to have success in the coming years as competition will feel the pressures of increasing digital mediums and decreasing hard copy book demand. This internal analysis of Barnes and Noble will examine their competitive position with regards to their value chain and strategic issues, as well as examine strengths, weaknesses, opportunities, and threats.…

    • 3693 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Barnes & Noble 's current strategy is to increase its share of the consumer book market, as well as to increase the size of the market. In order to do this, the brick and mortar stores will continue to maintain close proximity to their customers. Visibility, access, parking, and high traffic areas are among the…

    • 6747 Words
    • 27 Pages
    Good Essays
  • Good Essays

    It has widened its section of DVDs and created a space where teens can feel at home. For a ‘library of the future’ I see a touchscreen computer where friends of the library can check out books whenever they are in a rush. I have seen this machine at other libraries and saw it helped keep lines short for checking out. A machine would be kept at the end of the desk for individuals who are running late or to lower the wait time on lines.…

    • 546 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Over past several years Amazon.com has grown and developed very rapidly. The key core processes that have lead to Amazon’s success are convenience, selection, service, and price. Convenience can best be described when Bill Gates stated that, “I buy all my books at Amazon.com because I’m busy and it’s convenient. They have a big selection, and they’ve been reliable.” With over 106 million adults purchasing books every quarter, Amazon has capitalized on the convenience of on-line ordering. The next key process for Amazon is selection. Amazon is able to offer the world’s largest selection because they are an e-tailer with virtual directories. Amazon only keeps recent publications in stock for quick order fill, but directly orders any other requested books from the publisher. This business practice allows Amazon to have low warehouse cost, and offer the largest selection of books at the same…

    • 540 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Barnes & Noble, Inc. operates as a content, commerce, and technology company in the United States. It provides access to books, magazines, newspapers, and other content through its multi-channel distribution platform. The company sells its products directly to customers through its bookstores and on barnesandnoble.com. Barnes & Noble conducts its online business through Barnes & Noble.com, one of the Web’s largest e-commerce sites, which also features more than 3 million titles in its eBookstore. Through Barnes & Noble’s NOOK eReading product offering, customers can buy and read eBooks on the widest range of platforms, including NOOK eBook Readers, devices from partner companies, and hundreds of the most popular mobile and computing devices using free NOOK software.…

    • 1177 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Barnes and Noble Case Study

    • 3518 Words
    • 15 Pages

    One of the main strengths of Barnes & Noble is the wide variety of selection of books and book-related products they offer. For seven consecutive years, they were awarded the title of…

    • 3518 Words
    • 15 Pages
    Good Essays
  • Good Essays

    Brand loyalty comprises a strong readership base, which has been cultivated through brand recognition, trust, and long-term relationships. This is evidenced by the direct-to-reader Book Club, which currently provides 3/8 of US Sales at significantly higher margins than indirect sales. The low-price, consistent, high-quality product is well packaged and positioned ideally to take advantage of customer expectations, supported by a large and capable author/editor base.…

    • 1182 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Barnes & Noble has the potential to reap many benefits. By using the channels, Barnes & Noble will be able to join with these organizations to better serve the end user. These collaborations will allow the organizations to collaborate in terms of research, development, product development, market trends, etc., which will allow the organizations to reduce individual costs of pursuing these ventures alone, as well as enter new areas which may not be feasible to enter without the teamwork. These collaborative ventures will allow Barnes & Noble, as well as its partners, to develop new plans, ideas, frameworks, and products which will allow these companies to reach more consumers and new markets than before. Along with these collaborations, the strong brand image of these leaders will join together to create a strong partnership in which will have a loyal following from existing users. The companies can join together on this collaborative measure on marketing and advertisement campaigns in order to reach a wide audience, while continuing to serve its existing…

    • 2064 Words
    • 9 Pages
    Powerful Essays

Related Topics