Sarvana Stores in Chennai

[prasad1]

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It is repost, as the original thread has been closed.
We went to a 'Sarvana store' in Chennai. Their operation beats any Walmart, Reliance or any other store I have seen. I have a strong feeling that they can beat any Walmart any day. But even they have not replaced any local business, on the contrary they have increased the product diversification. I understand that Harvard school of business is baffled by the Sarvana store's business model.




Saravana Stores Enterprises is a Chennai-based diversified retail chain, selling textiles, jewellery, vessels and a wide range of consumer products. The store is regarded as the most sought after destination for the lower and middle class consumers, especially for the poor.
Saravana Stores is estimated to get 100,000 shoppers a day at its seven-story 25,000 sft original outlet, drawn by its promise of low prices. Its turnover of more than Rs 450 crore makes it one of India's most successful retailers of its size."




Saravana Stores in Chennai India

 

[prasad1]

Just a comparison of how the consumer benefits from market efficiency. The inflation is checked and the producers and the ultimate consumer benefits.
Retail giant Walgreens has nearly 8,000 locations in the U.S., and CVS has approximately 7,400.
With so many stores nationwide, it’s no surprise that both chains are raking in sales. CVS rang in $107 billion in revenue in 2011, compared to Walgreens’ $72 billion, according to the latest Fortune 500 report. But when it comes to the consumer, which drugstore is cheaper?
I recently set out to compare prices at both drugstores. Then I also factored in prices at big-box retailer Walmart and online merchant Drugstore.com, which was acquired by Walgreens in 2011 but offers different prices on many items. Here’s what I found:
1. Over-the-counter drugs
Considering drugstores have the word drugs in their name, you would think they’d be the cheapest on over-the-counter medicines. But I found a better deal elsewhere on an 80-count package of Advil Liqui-Gels.
Drugstore prices:
Walgreens – $10.99
CVS – $10.99
Compared to:
Walmart – $7.97
Drugstore.com – $12.59
Walgreens and CVS tied; Walmart came out on top.
2. Personal care
I buy most of my personal care items at drugstores because I usually don’t realize I need Q-tips or body wash until I’m completely out, and the drugstore is my closest option. I had no idea if they were the best deal, so I chose a 24-ounce bottle of Dove Go Fresh body wash for comparison. Turns out, I’ve been wasting money for years.
Drugstore prices:
Walgreens – $7.49
CVS – $7.19
Compared to:
Walmart – $5.00
Drugstore.com – $8.99
CVS provided a better price than Walgreens, but by only 30 cents. Again, Walmart topped them both, offering the product for more than $2 less.
3. Paper products
Personally, I think toilet paper, paper towels, and napkins are expensive everywhere. But as it turns out, I could have gotten a better deal if I had bought that 12-pack of Charmin Basic somewhere else.
Drugstore prices:
Walgreens – $7.99
CVS – $8.39
Compared to:
Walmart – $5.97
Drugstore.com – $7.99
Walgreens beat CVS by a mere 40 cents, and Walmart again was the smarter buy.
4. Cleaning supplies
I use a mixture of white vinegar and water to clean almost everything in my house, with one exception: I buy cleaning wipes for quick cleaning jobs. So I picked up a 35-count package of Clorox Cleaning Wipes.
Drugstore prices:
Walgreens – $3.59
CVS – $3.69
Compared to:
Walmart – $2.48
Drugstore.com – $3.99
Walgreens offered a slightly better deal than CVS, but Walmart once again had the lowest price by far.


5. Health bars and snacks
To finish off my shopping experiment, I reached for a box of health bars – specifically, a six-count box of Slim-Fast 3-2-1 Plan Peanut Butter Crunch Time snack bars.
Drugstore prices:
Walgreens – $4.49
CVS – $4.99
Compared to:
Walmart – $3.87
Drugstore.com – $4.49
Walgreens offered the bars for 50 cents less than CVS, but Walmart again beat them both.
Bottom line? Based on the product sampling that I chose, Walgreens was cheaper on three items, CVS on one, and they tied on one. But the two drugstores’ pricing never varied more than 50 cents. The real takeaways: Head to Walmart for major savings, and don’t use Drugstore.com.

Face-Off: CVS vs. Walgreens - Yahoo! Finance

 

[kk4646]

It is repost, as the original thread has been closed.
We went to a 'Sarvana store' in Chennai. Their operation beats any Walmart, Reliance or any other store I have seen. I have a strong feeling that they can beat any Walmart any day. But even they have not replaced any local business, on the contrary they have increased the product diversification. I understand that Harvard school of business is baffled by the Sarvana store's business model.




Saravana Stores Enterprises is a Chennai-based diversified retail chain, selling textiles, jewellery, vessels and a wide range of consumer products. The store is regarded as the most sought after destination for the lower and middle class consumers, especially for the poor.
Saravana Stores is estimated to get 100,000 shoppers a day at its seven-story 25,000 sft original outlet, drawn by its promise of low prices. Its turnover of more than Rs 450 crore makes it one of India's most successful retailers of its size."




Saravana Stores in Chennai India

Allowing FDI will kill the local trade is nothing but political game.. Common man will not/do not prefer any multinational retailers and they will be happy to shop with known retailers who realy render personal touch..

With the existing market atomosphere in India..these foreign retailers can take care only the elites and they do not constitute majority consumers..And most importantly the Indian cosumers knows very well where to shop and with whom to shop..

TVK