Se­lect Ci­tyWalk to over­haul re­tail port­fo­lio with more than a dozen brands

The 14th edi­tion of the In­dia Re­tail Fo­rum 2017, held on 19th and 20th Septem­ber 2017, in Mum­bai cul­mi­nated into what can only be called In­dian re­tail’s big­gest night – the IMAGES Re­tail Awards 2017 (IRA) pow­ered by Ve­gas Mall. Ve­gas Mall is one of In­dia’

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Se­lect Ci­tyWalk In­dia’s most recog­nised and fe­lic­i­tated shop­ping cen­tre, is on an re­tail ex­pan­sion drive by in­tro­duc­ing over a dozen new brands

The 14th edi­tion of the In­dia Re­tail Fo­rum (IRF) 2017 pow­ered by MAPIC, held on 19th and 20th Septem­ber 2017, in Mum­bai cul­mi­nated into what can only be called In­dian re­tail’s big­gest night – the IMAGES Re­tail Awards 2017 (IRA) pow­ered by Ve­gas Mall. The cer­e­mony, recog­nised ex­cel­lence in the busi­ness through over 20 honours for re­tail­ers and pro­fes­sion­als across cat­e­gories. Re­tail ex­pan­sion was mea­sured through growth num­bers as well as per­cent­age in­crease in num­ber of out­lets and re­tail space. For over a decade now, IRA has been recog­nis­ing and honour­ing In­dian re­tail or­gan­i­sa­tions and pro­fes­sion­als for their for­ward-think­ing and in­no­va­tive work in the field of re­tail. This year too, IRA fe­lic­i­tated some In­dia’s most in­no­va­tive and fastest grow­ing re­tail chains and con­cepts across all ma­jor con­sump­tion ver­ti­cals in­clud­ing fash­ion & life­style, food & gro­cery, food­ser­vice, en­ter­tain­ment, beauty & well­ness, home im­prove­ment and more through 21 award cat­e­gories.

A stun­ning per­for­mance by the fu­sion dancers and singers set off the even­ing’s pro­ceed­ings in exquisitely melo­di­ous style. The gala even­ing was hosted by Per­izaad Zora­bian and Anish Trivedi.

Nom­i­na­tion & Jury Process: Images Re­tail Awards 2017

IRA nom­i­na­tion cat­e­gories and en­try de­tails are an­nounced through the IRF web­site, Mag­a­zine ads, a per­son­alised elec­tronic cam­paign and tele-call­ing to prospec­tive nom­i­nees in all pro­posed cat­e­gories. The pre­lim jury iden­ti­fies best per­form­ers among re­tail­ers - Prom­i­nent shop­ping cen­ters & re­tail sup­port pro­fes­sion­als are in­vited to rec­om­mend best per­form­ing re­tail­ers in key re­tail ver­ti­cals/for­mats. Prospec­tive nom­i­nees sub­mit­ted their nom­i­na­tions which were checked by the IRA au­dit team for el­i­gi­bil­ity, com­plete­ness and data cor­rect­ness.

IRA team of an­a­lysts then makes a pre­sen­ta­tion for the IRA jury - with anal­y­sis of per­for­mance met­rics such as growth in top line sales and re­tail pres­ence, sales per square foot, av­er­age trans­ac­tion val­ues. A spe­cial note is pre­pared on ef­fec­tive tech­nol­ogy ap­pli­ca­tion, mar­ket­ing ef­fec­tive­ness, sup­plier re­la­tions and em­ployee prac­tices. The jury com­prised of dis­tin­guished per­son­al­i­ties in the field of re­search and anal­y­sis with thor­ough in­sights in to the re­tail busi­ness. The jury goes through the pre­sen­ta­tion of the nom­i­nees and gives scores based on anal­y­sis of the nom­i­nee’s per­for­mance dur­ing the as­sess­ment pe­riod. Re­sults of In­dus­try Rec­om­men­da­tion and Jury Score ul­ti­mately de­cides the fi­nal Nom­i­nees. The votes of the jury as in­di­cated in the score sheets will be cap­tured for in­de­pen­dent tab­u­la­tion by knowl­edge part­ner PWC.

The cov­eted IRA tro­phies go to the best among the top per­form­ers in 21 Cat­e­gories of Re­tail Awards this year.

This year there has been al­most 3 times more re­sponse to the nom­i­na­tions for Images Re­tail Awards. In all over 300+ nom­i­na­tions were con­firmed and 167 short­listed for Pre­lim Jury de­lib­er­a­tions.

IRA an­nounced spe­cial Jury awards this year for great con­cepts, ideas and in­no­va­tion across re­tail op­er­a­tions. ‘How A Great Con­cept

Was Ex­e­cuted to Per­fec­tion!’ - this is what re­tail­ers were ex­pected to present in their nom­i­na­tion with de­tails on the idea, its ex­e­cu­tion strat­egy, im­ple­men­ta­tion stages and its re­sults.

Nom­i­na­tions came in from some of the best global and In­dian re­tail­ers op­er­at­ing in In­dia with de­tails on their unique idea, strat­egy or in­no­va­tion en­hanc­ing or dif­fer­en­ti­at­ing mer­chan­dise/ ser­vice mix and/or in-store pre­sen­ta­tion or pro­mo­tion - un­veiled be­tween April 2016 and March 2017 – with de­tails on its ex­e­cu­tion and re­sults in terms of cre­at­ing dif­fer­en­ti­a­tion, cus­tomer or multi stake­holder en­gage­ment, in­creased sales/ con­sump­tion with pos­i­tive feed­back/ cov­er­age/ and recog­ni­tion.

With 67 con­fir­ma­tions, it was a te­dious task to go through each nom­i­na­tion, iden­tify gaps, get cor­rec­tions/ val­i­da­tions done.

Fi­nally, the jury de­lib­er­ated on 34 nom­i­na­tions and se­lected 10 best ideas for pre­sen­ta­tion to a high-pro­file jury at the IRF Grand Fi­nale. A 3-minute crisp video pre­sen­ta­tion by each fol­lowed by Q&A with jury and au­di­ence.

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