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Tata Group Strikes it Big at the IMAGES Retail Awards 2014

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The 11th annual Images Retail Awards held in Mumbai on September 18celebrated some of India’s most outstanding achievements in retail. With a roundup of 145 nominations, 25 very stylish trophies were awarded to India’s most successful retailers who fuelled growth and innovation across multiple categories in FY 2013-14. Retail expansion were measured through growth numbers as well as percentage increase in number of outlets and retail space.

In the Images Retail Awards 2014 Group Tata has won the Most Admired Retail Group of the year, Tanishq bagged the title of Most Admired Retailer of the Year in the jewellery category, and Croma was awarded with Most Admired Retailer of the Year in the CDIT category. Jubilant Foodworks won the double win with Dunkin Donuts and Domino’s winning awards. The list doesn’t end here as Amazon India awarded as Most Admired Retail Launch of the Year.

Images Retail Awards (IRAs) is 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 Karishma Kotak (Model, Actor and Big Boss fame) and the other well-known artists to take center stage were Satyajit Padhye, Puppeteer of repute and renowned playback singers with the famour STAR JAM BAND including Mame Khan, Sonu Kakkar, Aditi Singh Sharma & Ash King.

The business performance was measured through growth numbers as well as percentage increase in retail revenue and average sales per square feet during the nomination of Images Retail Awards. Based on the analysis of specific quantitative information, each nomination was assigned a rank within the respective award category and a shortlist was created. Each award category resulted in a minimum of three and maximum of seven shortlisted top nominees as finalists.

This list of finalists were shared with the Jury through a special docket containing quantitative as well as qualitative information on seven different areas of retail business including Effective Technology Application, Supplier Relations, Employee Relations, Marketing & Promotions and Landmark achievements. The Jury assigned the ranks based on overall assessments of performance and consideration of the quantitative rankings. The combined score of quantitative analysis, qualitative analysis and Jury ranking decided the awardee for each award category.

Winners:
(1) IMAGES Most Admired Retailer of the Year in Customer Relations- Nature’s Basket
(2) IMAGES Most Admired Retailer of the Year in Effective Technology Usage- Bestseller India
(3) IMAGES Most Admired Retailer of the Year in Marketing & Promotions- Dunkin’ Donuts
(4) IMAGES Most Admired Retailer of the Year in Store Design & VM- Nike
(5) IMAGES Most Admired Retail Concept Launch of the Year- Kidzania
(6) IMAGES Most Admired Retailer of the Year in Beauty & Fitness- Naturals
(7) IMAGES Most Admired Retailer of the Year in Health & Wellness- Omved
(8) IMAGES Most Admired Retailer of the Year in Home & Office Improvement- Home Centre
(9) IMAGES Most Admired Retailer of the Year in CDIT- Croma
(10) IMAGES Most Admired Retailer of the Year in Entertainment- PVR Cinemas
(11) IMAGES Most Admired Retailer of the Year in Foodservice- Domino’s Pizza
(12) IMAGES Most Admired Retailer of the Year in Food & Grocery- Heritage Fresh
(13) IMAGES Most Admired Retailer of the Year in Footwear- Puma
(14) IMAGES Most Admired Retailer of the Year in Jewellery- Tanishq
(15) IMAGES Most Admired Retailer of the Year in Lifestyle Accessories- GKB Opticals
(16) IMAGES Most Admired Regional Fashion Retailer of the Year- All That Jazz
(17) IMAGES Most Admired Retailer of the Year in Fashion- Tommy Hilfiger
(18) IMAGES Most Admired Retailer of the Year in Concept Store- V-Mart
(19) IMAGES Most Admired Retailer of the Year in in Convenience Store- Safal
(20) IMAGES Most Admired E-Retailer of the Year- eBay India
(21) IMAGES Most Admired Retailer of the Year in Hypermarket- Spencer’s
(22) IMAGES Most Admired Retailer of the Year in Department Store- Shoppers Stop

Apart from the above there were also two special awards presented for overall pan categories Retail Excellence. Of these the IMAGES Most Admired Retail Launch of the Year was won by Amazon India; and the IMAGES Most Admired Retail Professional of the Year was won by  Kabir Lumba, MD, Lifestyle International.

There was also one final IMAGES Jury Excellence Award, the IMAGES Most Admired Retail Group of the year, which was won by TATA Group.

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