The most significant factor thatdetermines the retail outletpreference is the shoppingavailability and variety of products.This is the most important factorlooked at by the consumers accordingto the results of factor analysis. Theconsumers prefer that retail storeshould have large variety of brandsfor grocery items. Availability ofitems even in late hours is alsoimportant.The second factor can be called the“services” .The consumers preferstores that offers free home delivery.They prefer stores with many salesexecutives to help. Other factors likesufficient parking space, availabilityof baskets and trolleys and fact checkout are equally important forconsumers.The third most important factor is“ambience” of store. Consumers prefershopping at stores which are not overcrowded and where products are easyto locate. They prefer stores which areclean with attractive displays andsufficient lighting.The fourth most important factor isthe “discounts” and “fair prices”.People do look into savings on theirtotal billing at the end of shopping.The consumers would like to beinformed in advance about thediscounts and special offers so thatthey can get the best buy.The fifth factor is “quality of food” and“grocery items”. They prefer storeswhich stock fresh and good qualityitems.The sixth factor which is importantfor consumers is “promotion ofstores”. Consumer prefers storesrecommended by their friends andrelatives. They like to visit storeswhich advertise (newspaper,television, radio) regularly.Factor descriptionAvailability and varietyServiceAmbienceDiscounts and priceQuality of itemsPromotionVariables includedProducts are never out of stock, variety of groceryitems are available, many brands are available,everything you need under one roofHome delivery, many salespeople, comfortable airconditioned environment, return or replacementpolicy, trolleys and baskets are available, manybilling counters for a faster check out<strong>No</strong>t over crowed, Good layout, displays are attractive,clean and free from clutter, good music andsoothing coloursDiscount offers, competitive pricingFreshness, good qualityAdvertisement, recommendation[ 126 ] Rai Management Journal
CONCLUSIONThe study focused on finding out themajor attributes of the retail stores asperceived by the consumers in Punjab.The methodology adopted was astructured questionnaire and theanalysis was done using “principalcomponent method”.The study shows that there are sixmajor factors that consumers prefer asfar as the retail stores are concerned.These factors include availability &variety, service, ambience, discounts& price, quality of products, andpromotion.The knowledge of these factors is veryuseful to retailers and the strategiststo plan the policy and formulatestrategies accordingly for customerretention and improving loyaltytowards their store. The changingconsumer need can be understood andplans be accordingly implemented.The consumers are more inclined toget an experience of their shopping.Purchasing what they require is thedrive for coming to retail store, but inthe process they want a wonderfuloverall shopping experience. This maybe mainly to relieve them from theday-to-day stressful life. The consumersdo not want the shopping alsoto be another pain. The shopping placeshould be convenient, a place wherethey can relax, and can also lay theirhands on whatever they wanted.These retail outlets should focus onimproving their service focusing onimproving the convenience of the consumers.They should try to attractnew consumers and also retain theexisting ones by adopting promotionaloffers, adding value to their shoppingexperience and overcoming theirshortcoming on these attributes.REFERENCES• Amy Wong, Amrik Sohal, (2003) "Assessingcustomer-salesperson interactions in a retailchain: differences between city and countryretail districts", Marketing Intelligence &Planning, Vol. 21 Iss: 5, pp.292 – 304• Argentina Spiller A, Bolten J andKennerknecht R (2006), “CustomerSatisfaction and Loyalty as Success Factorsin Organic Food Retailing”, paper presentedat 16th Annual World Forum andSymposium “Agribusiness, Food, Health,and Nutrition”, IAMA Conference,• Bearden W O (1977), “DeterminantAttributes of Store Patronage: Downtownversus Outlying Shopping Centers”, Journalof Retailing, Vol. 53, <strong>No</strong>. 2.• Berry, L. J. (1969), The Components ofDepartment Store Image: A Theoretical andEmpirical Analysis, Journal of Retailing,45, 3-20.• Benefits of Modern Trade to the IndianEconomy, The Rising Elephant, A PWC, CIIpublication• Doyle P and Fenwick I (1975), “How StoreImage Affects Shopping Habits in GroceryChains”,Journal of Retailing, Vol. 50,annual issue.• Expanding Opportunities for GlobalRetailers, The 2010 A. T. Kearney GlobalRetail Development Index,www.atkearney.com, accessed 04/02/10.• Fisk, G. (1961), A Conceptual Model forStudying Customer Image, Journal ofRetailing, 37, 1-8.• Hasty, R. and Reardon, J., (1997). RetailManagement. New York: Mcgraw Hill• Martineau, P. (1958), The Personality of theRetail Store, Harvard Business Review.• Lindquist, J. D. (1974), Meaning of Image: ASurvey of Empirical and HypotheticalEvidence, Journal of Retailing, 50, 29-38.December 2010 Vol. 7, Issue 2[ 127 ]
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RaiManagementJournalAn Initiative o
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From the Editor’s DeskIt gives me
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Training Delivery and Methodology i
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Research studies ofmemory following
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Table -3: Perception of employees r
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Table -5: Perception of employees r
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Table -8: Perception of employees r
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Reference• Bhatia, S.K (1989).
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RNI NO.: DELENG/2004/12383Printed a