COMPANY PROFILE April 2011 1 Introduction: Ever since its inception in 1981, Grand Stores has maintained its distinct industry leadership and kept striving to sustain its unparalleled trade distinction, year after year. “We are known by the brands that we keep”, and with names like Chanel, Givenchy, Nina Ricci, Nikon, Fujifilm, Lexar, Epson, Samsonite, American Tourister, Thomaston, etc. that reveal the elite niche that the company has been able to carve out for itself, justifying the lofty visions that inspired its creation. The three beliefs that Grand Stores has always held aloft are: Consistence in Quality Commitment to Customers Concern for Value It is this tradition that resulted in the generation of our slogan “A Synonym for Quality” that stands justified now by having been awarded ISO 9001:2000 “Quality Management System” certification by Lloyds Register Quality Assurance. Other accolades that we have received are : The Dubai Service Excellence Certification by the Dubai Department of Economic Development The prestigious Dubai Quality Appreciation Program Award by the Government of Dubai The coveted Sheikh Khalifa Excellence Award by the Government of Abu Dhabi The Sharjah Economic Excellence Award by the Government of Sharjah. Keeping pace with global trends and in anticipation of significant transformations that await us, we keep upgrading our IT system, for documented inter-office speedy, efficient and communication through networking. We have recently signed up for „Oracle e2 Business suite‟,one of the best ERP systems [Eterprise Resource Planning] from Oracle Corportion USA. Periodical organizational and operational re-engineering have kept Grand Stores always agile. Our efforts continue in setting benchmarks in efficiency. In this highly literate,sophisticated market of the U.A.E., the exceptional leadership we maintain inspite of the diversity of products we handle is because of our commitment to: „Quality goods at competitive prices.‟ We are very selective in the products that we deal in,and our product portfolio should reveal the same. We pride in being responsive to the needs of our very demanding clientele of dealers, who are supported by what we call a „Grand Marketing Mix‟. Our product portfolio, company structure and functioning should reveal to you or pioneering spirit and professionalism. The Organization Grand Stores, has expanded and stayed abreast of competition not by diversifying, but by growing from within and developing its existing operations in Wholesale, Retail and Tender business, through our various departments: Photography & IT Department Perfumes & Cosmetics Department Luggage Department Linen, Household & Dinnerware Department Gifts & Watches Department Tender Department Each of these Departments is headed by a Department Manager and assisted by Brand Managers / Supervisors with Sales and Service force wherever required. Backed by our Marketing Dept., Distribution Centers, IT, Finance and other back office personnel, our manpower at present stands at 850 personnel, and increasing. 3 With the Head Office in Dubai and branch office in Abu Dhabi, we have one of the most modern and efficient office set-ups with a computerized network, linking office branches and distribution centers. Our flexibility in generating Financial Statements, Sales and Stock Reports etc., as and when required, enables us to monitor operational proceedings and have effective management control. Financial and logistical data are available within arms reach of the Department Managers and the Top Management. We try to meet your requirements of tomorrow, today. Distribution Centers & We generally adopt the Selective Distribution Distribution Network Strategy, since we mostly deal with prestigious brands. Our distribution network of 2000 outlets, including our own showrooms, are classified as Grade „A‟, „B‟, and „C‟ based on their business status, pertinent to all our departments viz; Perfumes & Cosmetics, Photography & IT Luggage, Linen & Household, Gifts & Watches. We have geographically divided the region into two, for efficiency, which means to us prompt delivery and after sales support. We have two major Distribution Centers, with warehousing facilities of 60,000 sq.ft. each at Dubai and Abu Dhabi, which are fully air-conditioned and fleets of vehicles that ensure an efficient and uninterrupted supply. Our center in Dubai takes care of the dealers in Dubai and Northern Emirates namely Sharjah, Ajman, Fujairah, Ras Al Khaimah and Umm Al Quwain. While, the one in Abu Dhabi caters to the needs of Abu Dhabi and Al Ain. 4 Our Showrooms As part of our „aggregate plan‟, we have always explored and diversified in our existing retail set-up, for living up to customers expectations is the key to our success. The thirty Grand Stores showrooms, designed exquisitely are characteristic choices of privileged shopping. All our showrooms have been recognized by the Department of Economic Development, Dubai and complimented with distinguished Dubai Service Excellence Award. Grand Stores –Abu Dhabi Mall, Abu Dhabi Grand Stores –Samsonite BL, Abu Dhabi Mall, Abu Dhabi Grand Stores –Marina Mall, Abu Dhabi Grand Stores –Khalidiya , Abu Dhabi Grand Stores –Al Ain Mall, Al Ain Grand Stores –Bur Juman Centre, Dubai Grand Stores –Samsonite, Bur Juman, Dubai Grand Stores –Digital, Bur Juman Centre, Dubai Grand Stores –Al Maktoum, Dubai Grand Stores –Digital, DFC, Dubai Grand Stores –Samsonite BL, DFC, Dubai Grand Stores –Digital 1, Dubai Mall, Dubai Grand Stores –Digital 2, Dubai Mall, Dubai Grand Stores –Samsonite, Dubai Mall, Dubai Grand Stores –Digital, Dubai Marina Mall, Dubai Grand Stores –Digital, Deira City Center, Dubai Grand Stores –Samsonite, Deira City Center, Dubai Grand Stores –Digital, Ibn Batutta Mall, Dubai Grand Stores–Samsonite, Ibn Batutta Mall, Dubai Grand Stores –Digital, Mall of Emirates, Dubai Grand Stores –Home, Mall of Emirates, Dubai Grand Stores –Samsonite, Mall of Emirates, Dubai Grand Stores –Outlet Mall, Dubai Grand Stores –Samsonite, Outlet Mall, Dubai Grand Stores-Digital, Mirdif City Center 5 Grand Stores-Samsonite, Mirdif City Center Image Arts –Garhoud, Dubai Image Arts –Dubai Mall, Dubai Grand Stores –Digital, Mega Mall, Sharjah Grand Stores –Samsonite, Mega Mall, Sharjah Grand Stores – Digital, Dalma Mall, Abu Dhabi Grand Stores – Samsonite, Dalma Mall, Abu Dhabi All Grand Stores showrooms are examples of beautiful interior decoration, maintaining an identity of it‟s own among the class of elite shopping alternatives. Our showrooms aim to make shopping a pleasure to be experienced, rather than a routine to be undergone. The changing shopping concepts of a dynamic multinational population in the U.A.E, made us to advance ourselves to major shopping malls of the country. Most of our showrooms are located at popular shopping malls that have turned to be the most strategic business spots in different emirates. Decoration Cell The exacting demands and the very high standards of merchandising that our brands require, have resulted in our setting up a team of art professionals. This cell is geared to provide support during the high profile fairs that are a regular feature now, in addition to the regular design and display requirements of various brands, to maintain the corporate identity and synergy in our showrooms and dealer showrooms. Sales Personnel Our sales representatives, all proficient and adept in their own right, work under the supervision of their Brand Managers or Supervisors and are based in both locations. Those in Dubai cover the Dubai, Sharjah and Northern Emirates and the team in Abu Dhabi, takes care of Abu Dhabi and Al Ain market. 6 Marketing Dept A team of MBAs led by a Marketing Manager and Marketing Director provides the marketing support to the various brands that the company manages in addition to the corporate business marketing efforts. The Marketing Department monitors market trends, competitor currents activities and and provides international customized marketing advertising, promotion and publicity support to the organization. Grand Stores prides in excellent media relations and PR with various government & non-government organizations. Human Resource The Grand Stores family is an assemblage of Dept & Training manpower from various nationalities. Constant efforts are made in upgrading the technical and behavioral skills of the personnel through in-house and external training programs. A broad spectrum of topics are covered at these training programs, management for the different levels of the staff and from Customer Service & Sales Techniques, Effective Selling Skills, Internal & External Customer Satisfaction, Time Management, to Managerial skills. Specific training programs on products and features are being given to the dealer‟s staff, with rejuvenating topics covered periodically. These much acclaimed training programs contribute directly to not only the productivity levels but gives us a very strong competitive advantage. 7 IT Dept Grand Stores has a completely computerized set up. The head office (Dubai), branch office (Abu Dhabi) the distribution centers and all the showrooms are connected via WAN (Wide Area Network). These offices have Intranet facility and are helping the organization move towards an efficient paperless office. The company has Internet connectivity and its own web site, www.grandstoresuae.com Reports We have a system where by the following reports are regularly made, to keep our principals up-dated on the developments and progress made by the brands. All necessary statistics are sent depending on their requirements. A list of them would be as under: Conclusion Sales & Stock Reports – Monthly Competitor’s Price Comparision – Half Yearly Advertising Expenses Statement – Quarterly Copies of Published Adverts – Regularly Copies of Editorial Coverage – Regularly Any other required specific reports Grand Stores has continuously striven to maintain systems and professionalism to match the exacting standards of our principals. We carry on the tradition of an endless pursuit of excellence from one decade to another reaffirming a total commitment to our principals and to our customers. It could all be summed up as, when „quality‟ is an obsession and efficient organizational backing an imperative, we feel ours is undoubtedly the right way to trade. For „you‟ be it our Principal or Customer, a professional service is always assured. In the light of excellence, for Grand Stores “We are what we repeatedly do, excellence then, is not an act but a habit” 8 LIST OF MAJOR AGENCIES OF GRAND STORES 9 PHOTOGRAPHY & IT DEPARTMENT The Photography & IT Department prides in its brands which are renowned the world over. Fuji Photo Film Co.Ltd., Japan Film paper, chemicals, conventional and digital minilabs, digital cameras, Recording Media products and Computer Storage Media products; X-Ray Films, Medical Equipments and Electornic Imaging Products Nikon Corporation, Japan Full range of digital cameras (professional & amateur), Lenses, Binoculars and accessories Sigma Corporation, Japan Camera Lenses,Filters & Flashes Lexar, U.S.A Flash Memory Cards, USB Portable Drives,Card Readers and Connectivity solutions Epson, Japan Printers, LCD Projectors and Consumables MSI, Taiwan Laptops, Desktop Computers and A ccessories Toshiba,Germany Camcorders, Hard Disk Drive, Digital Photo Frames Mamiya Camera Co.Ltd., Japan Professional Cameras & Lenses Leaf Aptus, Belgium Medium format Digital backs Fuji Hunt, NV, Belgium Photographic Chemicals & Photographic Accessories Benro, China Camera Tripods Kaiser Fototechnik, GMBH, Germany Photographic Accessories Aiptek, Taiwan Digital Frames, LCD Projectors & Camcoders Hahnel, China Chargers, Batteries and Photographic accessories 10 Tamrac, U.S.A Camera Cases Manhattan, Taiwan Computer accessories Metz, Germany Amateur & Professional Flashes, accessories Inter Fit Photographic Ltd, UK Studio Flashes and Accessories Note: The full line of photographic & IT requirements is met through some other agencies too. 11 PERFUMES & COSMETICS DEPARTMENT Grand Stores probably has one of the finest Perfumes & Cosmetics collections under one roof. We have striven to bring to our discerning clientele some of the finest brands in the world. Chanel, France - Perfumes & Cosmetics Givenchy, France - Perfumes & Cosmetics Paco Rabanne, France - Perfumery Products Nina Ricci, France – Perfumery Products Azzaro, France - Perfumery Products Rochas, France – Perfumery Products John Galliano, France – Perfumery Products Ducati, France – Perfumery Products Maxmara, France – Perfumery Products 12 LUGGAGE DEPARTMENT The Luggage Department carries brands that are true leaders in the travel industry. Samsonite Black Label A wide range of High-End( PremiumQuality)Luggage & Travel Accessories. Luggage that delivers indiviuality and supreme experience of luxury with wide range. Samsonite Classic Complete range of hard and soft Luggage, Computer Cases,Business Cases,Mobile Office Case,Back Packs, Wallets,Ladies Bags and Travel accessories. American Tourister by Samsonite Complete range of hard and soft Luggage. Contemporary design and innovative range of Luggage to suit the need of all categories. 13 THE LINEN, HOUSEHOLD AND DINNERWARE DEPARTMENT This department brings together a comprehensive range of the finest names in Bed, Bath, Table linen and Bath Accessories and a wide collection of premium Dinnerware brands for domestic and institutional use. LINEN & : HOUSEHOLD Thomaston Mills Inc., U.S.A. Bed-sheet sets, Comforters, Pillows, Complete Bed Esembles,Towels and Bathrobes Centa Star, Germany Luxury Duvet & Pillows Christy, UK Luxury Towels Gummo Italia s.r.l., Italy Vacuum packed healthcare pillows Grund, Czech Republic Luxury Bath Sets Marzotto and Figli, Italy Luxury Cashmere and Lambs Wool Blankets Svad Dondi , Italy Luxury Bed & Bath Linen Cottimaryanne, Italy Luxury Bed & Bath Linen Curt Bauer, Germany Luxury Bed & Table Linen Somma, Italy Luxury Bed & Bath Linen Walden burger, Germany Duvets & Pillows Cinelli ,Italy Duvets & Pillows Mirabello,Italy Luxury Bed & Bath Linen 14 DINNERWARE : Franz Porcelain Gift items Greggio, Italy Silverware Seltmann Weiden, Germany Porcelain Crystal de Paris, France Crystalware, Glassware Becchetti Giacomo Spa, Italy Stainless Steel Flatware/Holloware/Accessories Bonvida, Germany Dinnerware BMF C Koch, Germany Flask Sezzatini Firenze, Italy Home Décor Dalper, Portugal Stainless Steel Flatware 15 GIFTS & WATCHES DEPARTMENT This department has a wide selection of elegant gifts for any occasion from international and local suppliers. WATCHES : Claude Bernard, Switzerland Cover, Switzerland JPS, Switzerland Rodania, France Lorenz, Switzerland Atlantic, Switzerland Cerrutti, Swiss Seiko, Swiss Raymond Weil, Swiss Pierre Cardin, Swiss Paco Rabbane, Swiss Rochas , Swiss Ramanson, Swiss Bernard Florentin, France WRITING : INSTRUMENTS Diplomat, Germany Aurora, Italy Sheaffer, USA Bernard Florentin, France FASHION JEWELLERY : Dorlan, France Crislu , Canada 16 SILVERWARE : Liliane Austin, Italy Gold Line, Italy PORCELAIN : Design Sophie Villepigue, France WALLETS & HAND BAGS : Gianfranco Ferre, Italy Miguel Bellido, Spain Olympo, Spain Lancaster, France Longchamp, Italy Bernard Florentin, France 17 GRAND STORES Head Office P.O.Box: 2144 Al Garhoud – Saleh Bin Lahej Building Dubai, United Arab Emirates Tel No : +971 4 2823700 Fax No : +971 4 2828382 E-Mail : bareed@grandstores.ae Branch Office P.O.Box: 425 Khalidiya Street, Buqbai Building Abu Dhabi, United Arab Emirates Tel No: +971 2 6312100 Fax No: +971 2 6312231 E-Mail : grandsau@grandstores.ae Web Site : www.grandstoresuae.com Company Showroom 18 COMPANY SHOWROOMS Abu Dhabi Khalidiya Street Tel No : +9712 6312100 Marina Mall Tel No:+9712 6817817 Central Souq GS Digital Tel No:+9712 6278617 Abu Dhabi Mall Tel No : +971 2 6451115 Abu Dhabi Mall, Samsonite BL Tel No : +971 2 6456465 Dalma Mall GS Digital Tel No :+971 2 5503061 Dalma Mall Samsonite Al Ain Al Ain Mall Tel No: +971 3 7515551 Tel No :+971 2 5506473 Dubai Burjuman Center Tel No : +971 4 3523641 Maktoum Street Tel No: +971 4 2213700 Burjuman Centre, Samsonite Tel No : +971 4 3517041 Deira City Centre, Digital Tel No: +971 4 2943070 Burjuman Centre, Digital Tel No : +971 4 3523641 Deira City Centre, Samsonite Tel No: +971 4 2943510 Ibn Battuta Mall Tel No: +971 4 3685353 Dubai Festival City, Digital Tel No: +971 4 2329389 Dubai Festival City, Samsonite BL Tel No: +971 4 2326302 Dubai Outlet Mall Tel No: +971 4 4264922 Mall of Emirates, Digital Tel No: +971 4 3414555 Dubai Outlet Mall, Samsonite Tel No: +971 4 4264919 Mall of Emirates, Home Tel No: +971 4 3414411 Mall of Emirates, Samsonite Tel No: +971 4 3233710 Image Arts - Garhoud Tel No: +971 4 2868010 Image Arts - Dubai Mall Tel No: +971 4 3398610 Dubai Mall, Digital 1 Tel No: +971 4 3398614 Mirdif City Centre, Digital Tel No: +971 4 2843055 Mirdif City Centre, Samsonite Tel No: 0097 4 2843610 Dubai Mall, Digital 2 Tel No: +971 4 3398915 Dubai Mall, Samsonite Tel No: +971 4 3398690 Dubai Marina Mall, Digital Tel No: +971 4 4342540 Sharjah Mega Mall, Digital Tel No : +971 4 5746341 Mega Mall, Samsonite Tel No: +971 4 5746341 19