Mumbai, 23rd September, 2016: The 13th Annual IMAGES Retail Awards held in Mumbai last night celebrated some of India’s most outstanding achievements in retail. Retail expansion were measured through growth numbers as well as percentage increase in number of outlets and retail space.
The annual IMAGES Retail Awards (IRAs), India's most prestigious honours for excellence in retailing, are admired for their credible, transparent evaluation and recognition of retail performance established itself as a premier benchmark for retail excellence in India. The ceremony honoured the achievements of India’s leading retailers with some high voltage entertainment. The gala evening was hosted by Mini Mathur and Nitin Mirani mesmerized the audience with his standup act. A stunning performance by singers Apeksha Dandekar and Arijit Datta set off the evening's proceedings in exquisitely melodious style.
Nomination & Jury Process:
IRA nomination categories and entry details are announced through the IRF website, Magazine ads, a personalized 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 coveted IRA trophies go to the best among the top performers.
Awardees:
IMAGES Most Admired Retailer Of The Year: Hypermarket - More Megastore
IMAGES Most Admired Retailer Of The Year: Fashion & Lifestyle - Max Fashions & Vero Moda
IMAGES Most Admired Retailer Of The Year: Footwear - Bata
IMAGES Most Admired Retailer Of The Year: Food & Grocery - Nature’s Basket
IMAGES Most Admired Retailer Of The Year: Foodservice - Haldiram
IMAGES Most Admired Retailer Of The Year: Consumer Electronics - Dell
IMAGES Most Admired Retailer Of The Year : Beauty & Wellness Services - Natural’s
IMAGES Most Admired Retailer Of The Year: Home & Office Improvement - Home Centre
IMAGES Most Admired Retailer Of The Year: Concept Stores - Dua Vivo, Go Colors, Nike Factory Store (Chattarpur) & Tanishq (Camac Street)
IMAGES Most Admired Retailer Of The Year: Entertainment - PVR
IMAGES Most Admired Retailer Of The Year: Kiosk/ Express Formats - Wow! Momo
IMAGES Most Admired Retailer Of The Year: Customer Relations - Domino’s Pizza
IMAGES Most Admired Retailer Of The Year: Turnaround Story – Tantuja & W
IMAGES Most Admired Retailer Of The Year: Marketing & Promotions -FASHION - Benetton
IMAGES Most Admired Retailer Of The Year: Marketing & Promotions- NON FASHION - Domino’s Pizza
IMAGES Most Admired Retailer Of The Year: Store Design & VM - Aeropostale
IMAGES Most Admired Retailer Of The Year : Employee Practice - Lifestyle
IMAGES Most Admired Retailer Of The Year: Retail Group
