Coimbatore has braced itself to the second mall in the city,
Fun Republic, from E-City Ventures of the Essel Group. The group straddles
across different industrial spectrums: media, entertainment, technology,
infrastructure etc. For Fun Republic, the Coimbatore mall is the fifth mall it
has opened in the country and there are malls elsewhere managed by group
outfits.
It is located on Avinashi road in Peelamedu area in the city,
a cluster of educational institutions, the mall is offering a different shopping
experience to the consumers. The mall brings together some of the hottest names
in the retail sector: Shoppers Stop, Reliance group, a host of other retail
brands like Lee, Anita Dongre and fast food giant McDonald’s etc., from
different business segments.
The
significance of the mall, apart from its location, is its design itself. The
large dome-shaped structure boasts of a beautiful atrium and the frontage of
the shops/restaurants in the six-level structure has been so designed that they
face the 15,000 sq.ft atrium.
The
strong demand for mall space in Coimbatore is reflected in the demand for
retail space in Fun Republic with nearly 100-odd retailers picking up a space
of about 3.25 lakh sq ft. in the mall, which has come up on about 3.5 acres that
belonged earlier to the National Textile Corporation.
Great
care has been taken on the ‘zoning mix’- like the ground floor of the mall
being set apart for very premium brands, the first floor for men’s wear, second
floor for women’s and kids wear, third floor for room furnishings and home
appliances/electronics/gaming, fourth floor for multiplex and food court etc.
In the initial weeks, though only about 20 retail outlets were opened, the mall
had 15,000 walk-ins.
The total number of
retailers in the mall is around 90-100. While Shoppers Stop will be the key
brand, another popular retailer is Reliance Mart and the retailers are chosen
carefully to give a mix of international, national and local brand experience
to the avid shoppers.
The two most frequent
complaints cited in the survey are first, the parking facility, which the customer
feels is comparatively small and has a bad odour when they enter the parking
lot. Second, they feel that too many of the stores carry the same merchandise
and there are less varieties which are quite expensive. The third-most cited
problem by the respondents is that the mall is more congested and small when
compared to Brookefields.
Beyond complaints about the nature of mall shopping, we also find
problems in three areas of basic mall infrastructure that drive loyalty:
- The mall is not at all clean and well maintained.
- The washrooms are overcrowded and has a bad odour.
- There is no AC in the mall, which creates a humid atmosphere with more of shoppers flowing in.
A first step would be to concentrate on the
maintenance, as well as improvising the parking lot system. And then to evaluate
the mall's common areas, by developing programs to counteract the sameness of
the stores and merchandise, which is a turn off for the mall shoppers. They
should understand that different types of consumers come to the shopping
experience with varied expectations and different triggers that will generate
mall loyalty. Instead of trying to make broad sweeping changes, they should
create opportunities for discovery in the common areas and thinking of the mall
as a destination will encourage shoppers to spend more time shopping at the
mall.
Awesome start(first two para)....
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