Question
Pick n Pay has unveiled its re-designed Waterstone flagship store in Somerset West, the model for what customers can come to expect at all revamped
Pick n Pay has unveiled its re-designed Waterstone flagship store in Somerset West, the model for what customers can come to expect at all revamped Pick n Pay stores in the future. This follows the announcement earlier this year that Pick n Pay would be organised into two brands under its new Ekuseni strategy. Pick n Pay QualiSave was launched in August, and is dedicated to customers who want Pick n Pay quality at exceptional prices. Pick n Pay is accelerating its refurbishment programme, and the company aims to have fully revamped 130 Pick n Pay and QualiSave stores by February 2023.
A premium customer experience
The rejuventated Pick n Pay format is designed to delight more affluent customers with a premium experience, providing "unbeatable quality, freshness and innovation" across a range of 18,000 products, the retailer said in a statement. In developing the new Waterstone flagship store, which took over three months to renovate, the Pick n Pay team worked closely with a top design house to produce a more modern and premium experience. All stores boast a new coffee bar, and customers are welcomed with an abundance of fresh fruit and vegetables, creative and curated product displays and spacious aisles.
The retailer has expanded its partnership with Can-Agri, a local producer that uses vertical farming to produce organic and free of pesticides leaf vegetables. The Waterstone store has a smaller vertical farm to show customers how Can-Agri grows its produce using this innovative sustainable farming solution, and the customer can buy this produce too. These Pick n Pay branded premium stores are now the home of the company's new premium private label, Crafted Collection by PnP, with more innovation expected to launch in the coming months. A Treats corner showcases a display of sweet treats and snacks, with an expanded Crafted collection confectionary range on offer.
Most of the signage in the store has been converted to digital screens, and there is an interactive screen to help customers pair their wine with the extensive cheese selection on offer. The wine alcove also has a virtual wine experience with a 1m x 1 m screen that shows tailor-made videos by local wineries. New equipment in the store, such as the most energy-efficient refrigeration plants and lighting, will see the store reduce its energy usage by around 30%.
Selected Faithful to Nature natural health supplements, healthy food and snacks, and beauty products are being stocked at selected stores to complete Pick n Pay's growing Live Well health range. To match the premium experience, all store staff have undergone intensive training, and this extends to hiring the services of industry experts. A South African cheese guru is training the in-store cheese mongers to become experts on its range of over 500 local and international cheeses. Pick n Pay will become the first retailer to stock Puglia Branded products in the formal retail sector. The 4 deli is stocked with speciality cold meats, which are prepacked and sliced on request ensuring freshness and quality.
Revamps driving double-digit growth
Pick n Pay CEO, Pieter Boone, commented: "We are very excited to reveal this impressive, revamped store. Our Waterstone store is the new look for our Pick n Pay stores and stands as a blueprint for what customers can expect. These revamped stores will fulfill our customers' aspirations for an incredible in-store experience, complete with high-quality products to match their exact needs, at affordable prices.
QUESTIONS 1:
Suppose that you have been appointed as the new Market Research Specialist for Pick n Pay, and you have been tasked with conducting market research for the company as they prepare to launch the new premium stores. Critically discuss why a survey method of data collection will be appropriate for this research, and provide an evaluation of the characteristics and limitations associated with the use of a survey method for a market research study.
QUESTIONS 2:
Provide a detailed analysis of the contents of a research report, and discuss why it is important for Pick n Pay to communicate the results of the research to stakeholders as well as their consumers.
QUESTIONS 3:
The new Pick n Pay stores will be targeted towards a more wealthier population. Critcially describe the sampling process, and discuss which sampling methods would be best suited for your research
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