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pdf (22.8 MB) - METRO Group

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<strong>METRO</strong> GROUP : ANNUAL REPORT 2011 : STRATEGy<br />

→ sTRaTeGIC posITIonInG oF MeTRo GRoUp : GaleRIa KaUFHoF<br />

internet and department store are<br />

close partners<br />

since 2000, customers of Galeria Kaufhof have also been able<br />

to order products online. Up to now, though, the range was<br />

limited to selected products. In october 2011, the sales division<br />

began to offer fashion and accessories – the products with the<br />

largest share of sales in the department stores – in a completely<br />

remodelled online shop at www.galeria-kaufhof.de. In<br />

taking this step, it nearly doubled the number of products<br />

available online. Through this approach, Galeria Kaufhof not<br />

only enables its customers to enjoy its usual wide variety of<br />

products, but also provides them with the opportunity to take<br />

advantage of the items and services in a stationary or virtual<br />

department store. as a result, customers can have their<br />

orders delivered directly to a store or return them there. products<br />

not in stock at the department store can be ordered online<br />

from there and delivered to the customer. This multichannel<br />

marketing is an important element of Galeria Kaufhof’s effort<br />

to provide current and future customers with a contemporary<br />

shopping experience and to cultivate their loyalty to the sales<br />

division. The expansion of multichannel services is planned.<br />

The brand for style and lifestyle<br />

The sales division’s customers expect the Galeria Kaufhof<br />

brand to provide them with inspiration for their personal lifestyles.<br />

For this reason, the sales division continued its partnership<br />

with Wolfgang Joop in 2011. The star designer joined<br />

a creative team consisting of employees from the functional<br />

areas of marketing, procurement and sales to develop new<br />

concepts that speak to customers on an emotional level. a<br />

highlight of the partnership during the reporting year was the<br />

“GaleRIa 1879” collection designed by Wolfgang Joop. The<br />

clothing and accessories were available on a limited basis in<br />

department stores beginning in september 2011 and generated<br />

large sales volumes. With the collection, whose name<br />

refers to the year that Kaufhof was established, the sales<br />

division demonstrated its skills in terms of style and lifestyle<br />

once again.<br />

sportarena: independent formats<br />

In March 2011, the sportarena sales format introduced a new<br />

store concept for selling space measuring between 400 and<br />

500 square metres: “Wanderzeit” offers functional clothing<br />

made by well-known brands like Jack Wolfskin, The north<br />

Face, schöffel and Meindl as well as accessories, including<br />

backpacks, water bottles, map material and Gps systems.<br />

During the reporting year, sportarena opened three “Wanderzeit”<br />

stores in aalen, neuss and Hamburg. The concept is<br />

to be introduced at other stores in 2012.<br />

Dinea: more fresh products<br />

Today, every sixth customer of Galeria Kaufhof drops by the<br />

Dinea restaurants located in the store. To meet customers’<br />

growing standard regarding healthy food, freshness and<br />

preparation, the service company began to test a new concept<br />

at stores in Frankfurt am Main and at “Main-Taunus-Zentrum”<br />

shopping centre in 2011: the food is cooked right in front of the<br />

customers’ eyes. over the medium term, Dinea sees potential<br />

for implementing this concept in about 10 to 15 department<br />

stores. Individual components of the concept will also be<br />

introduced in the other restaurants.<br />

Continuous optimisation<br />

→ p. 054<br />

Galeria Kaufhof regularly analyses market conditions and<br />

the environment in which the department stores do business.<br />

applying this approach, the sales division also optimised<br />

its store portfolio during the reporting year and<br />

adapted it to local market and customer requirements. In<br />

February 2011, Galeria Kaufhof closed the store in leipzigpaunsdorf.<br />

When leases expire in mid-2012, the sales<br />

div ision will also close department stores in Gießen,<br />

Cologne-Kalk, nuremberg-aufseßplatz and oberhausen’s<br />

city centre. In recent years, market trends have turned<br />

nega tive in these areas, and these department stores offer<br />

no long-term potential to be operated profitably.<br />

at Galeria Kaufhof, employees of all functional areas are<br />

devising measures designed to further improve internal<br />

processes and systems to create more value for the customer.<br />

as part of the outlets’ concentration on local needs, a<br />

trend that will remain a high priority in future years, systematic<br />

support of the planning process will become<br />

increasingly important. For this reason, Galeria Kaufhof<br />

began to introduce a new planning system for the product<br />

range in 2011. With the help of this system, the sales division<br />

can use inventory and movement data to spot trends. as a<br />

result, specific management information can be generated<br />

and measures developed from it. The rollout is scheduled to<br />

be completed in 2012.

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