...Article Review #4: - Trends in Non-store Retailing Companies in the Non-store Retailing business sell retail products through methods other than a physical store front. This type of retail includes online auctions, catalog/mail order retailers, temporary stands, door-to-door sales, flea markets and in-home parties. Telephone solicitation (telemarketing) and TV infomercials are also included in this industry. Non store retailing is patronized to time conscious consumers and consumers who can't easily go to stores or compulsive buyers the 21st century shopper. Most if not all non-store retailers offer consumers the convenience of buying 24/7 and with delivery at location and time of their choice. Over the last several years, non-store sales are out growing sales in retail stores. Network Marketing In layman's terms, in the normal marketing system, the manufacturer supplies the products through the middlemen such as brokers, wholesalers and retailers. These middlemen add their establishment costs and their own margin of profit or commission on the price. This increases the price by approximately 45 per cent. The consumer therefore gets the product at atleast a 45 per cent markup from the manufacturer's price. In network marketing, these middle men are eliminated. A person is invited to join and become a member (also called Consultant) of the network marketing company. This person in turn invites many more people to join under him to form a group. These group members, in...
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...Distribution Program of Rusty Lopez’s Men’s Leather Shoes in Sweden Submitted By: Adrian Mikhos A. Crispo Miguel Pio C. De Ocampo Charlene N. Singson Submitted To: Dr. Esmeraldo Dimaculangan, Jr. Date Submitted: April 10, 2016 INTRODUCTION This section initially explained the reasons for choosing Sweden as the target country to export Rusty Lopez Shoes. Historical demand for men’s leather shoes in Sweden from 2011 to 2015 was analyzed and demand forecasted for the next five years. The market for men’s leather shoes in Sweden was then examined by identifying all players in the shoe industry, tabulating each company’s 2015 total sales and average price per pair. A more thorough study was made on the Top 2 players (Vagabond and Reebok) product, price, distribution, and promotion strategies. From the Top 2 players’ game plans, our group identified our target market and chose a positioning which could give Rusty Lopez Company a strong market position. We also developed a tagline to make the brand name stick to the consumers’ minds. Taking into consideration the opportunities we saw in the Swedish market and the strengths and weaknesses of Rusty Lopez Company, the group set a market share objectives for the next 5 years and translated these into peso and sales objectives. TARGET COUNTRY Sweden is the country that we chose to export products from Rusty Lopez. There are four main trends continued to shape the performance of apparel and footwear specialist retailers...
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...Hennes & Mauritz (H&M) AB in Retailing December 2009 Scope of the Report Retailing - Hennes & Mauritz © Euromonitor International Scope • This global company profile covers the following products focusing on the year 2009: Retailing: US$10,430 billion Store-based Retailing: US$9,829 billion Non-Store Retailing: US$601 billion Clothing & Footwear Specialist Retailers: US$791 billion Homeshopping: US$190 billion Internet Retailing: US$243 billion Disclaimer Much of the information in this briefing is of a statistical nature and, while every attempt has been made to ensure accuracy and reliability, Euromonitor International cannot be held responsible for omissions or errors Figures in tables and analyses are calculated from unrounded data and may not sum. Analyses found in the briefings may not totally reflect the companies’ opinions, reader discretion is advised Learn More To find out more about Euromonitor International's complete range of business intelligence on industries, countries and consumers please visit www.euromonitor.com or contact your local Euromonitor International office: London + 44 (0)20 7251 8024 Vilnius +370 5 243 1577 Chicago +1 312 922 1115 Dubai +971 4 609 1340 Singapore +65 6429 0590 Cape Town +27 21 552 0037 Shanghai +86 21 63726288 Santiago +56 2 4332226 2 Retailing - Hennes & Mauritz © Euromonitor International Strategic Evaluation Competitive Positioning Geographic Opportunities Category Opportunities ...
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...introduction and evolution shows how the organized retailing changed its gears over the period from Panwala dhukan to chain stores across the length and breadth of India. The market size and related details gives a statistical view of increasing market in a few major areas of retailing. The major market players who enlivened the present caricature of retail sector are presented briefly along with statistics. The changing scenarios of Indian consumers give a proof to the potential opportunity in the retailing arena. SWOT and its subheads take you to the crux of analysis into retail industry. Out of which we formulated the future prospects. One major lifesaver of the Indian retailing is the advertising and promotional strategies; which comes out with innovative ways to win consumers over and keep them permanently happy. FDI in retail has been contentious issue and may face resistance, given the perceived political scenario. FDI will be a defining moment for Indian retail and how government policies effect the retail industry is given briefly to the end. INTRODUCTION AND EVOLUTION The word ‘Retailing’ refers to any activity that involves the direct sale to an individual customer or end user. Retailing has been the most active and attractive sector of the last decade. While the retailing industry itself has been present through out the history in our country, it is only the recent past that has witnessed so much dynamism. Retailing arena today is very different. It’s the latest bandwagon...
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...INDIAN FOOD RETAIL SECTOR IN THE GLOBAL SCENARIO Vijay Anand1 & Vikram Nambiar2 (The figures indicated with reference to revenues of unlisted companies are based on press information and other sources of information that are not published and therefore, may not be accurate) GLOBAL RETAILING INDUSTRY The latter half of the 20th Century, in both Europe and North America, has seen the emergence of the supermarket as the dominant grocery retail form. The reasons why supermarkets have come to dominate food retailing are not hard to find. The search for convenience in food shopping and consumption, coupled to car ownership, led to the birth of the supermarket. As incomes rose and shoppers sought both convenience and new tastes and stimulation, supermarkets were able to expand the products offered. The invention of the bar code allowed a store to manage thousands of items and their prices and led to 'just-in-time' store replenishment and the ability to carry tens of thousands of individual items. Computer-operated depots and logistical systems integrated store replenishment with consumer demand in a single electronic system. The superstore was born. On the Global Retail Stage, little has remained the same over the last decade. One of the few similarities with today is that Wal-Mart was ranked the top retailer in the world then and it still holds that distinction. Other than Wal-Mart’s dominance, there’s little about today’s environment that looks like the mid-1990s. The global economy...
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...profit of Tesco was £3,985 million (approximately $6,373.6 million) in FY2012, an increase of 1.7% over FY2011. The net profit was £2,806 million (approximately $4,487.9 million) in FY2012, an increase of 5.7% over FY2011. KEY FACTS Head Office Tesco PLC Tesco House Delamare Road Cheshunt Hertfordshire EN8 9SL GBR 44 1992 632222 Phone Fax Web Address http://www.tescoplc.com Revenue / turnover 64,539.0 (GBP Mn) Financial Year End Employees London Ticker February 519,671 TSCO Tesco PLC © MarketLine Page 3 Tesco PLC SWOT Analysis SWOT ANALYSIS Tesco is a food and grocery retailer. The company has been building a sustainable business model over the years through diversification into new geographies and value oriented retailing....
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...COMPETITIVE ANALYSIS OF THE RETAIL SECTOR IN THE UK DEPARTMENT OF TRADE AND INDUSTRY: COMPETITIVE ANALYSIS OF THE RETAIL SECTOR IN THE UK Report submitted to The Department of Trade and Industry (Tender CGS/1239) Professors Steve Burt and Leigh Sparks Institute for Retail Studies University of Stirling Stirling FK9 4LA Scotland, UK Phone: 44 (0)1786 467386 Fax: 44 (0)1786 465290 E-Mail: s.l.burt@stir.ac.uk ; Leigh.Sparks@stir.ac.uk Revised for Seminar - January 2003 DEPARTMENT OF TRADE AND INDUSTRY: COMPETITIVE ANALYSIS OF THE RETAIL SECTOR IN THE UK Contents 0 Executive Summary I Background and Framework for Analysis II Competitive Analysis – the UK Retail Sector III Summary and Policy Recommendations IV Appendix – Analysis of Retail Sub-Sectors EXECUTIVE SUMMARY 0.1 Background and Framework for Analysis In early 2002 the Institute for Retail Studies at the University of Stirling was commissioned to carry out a ‘Competitive Analysis of the Retail Sector in the UK’ (tender CGS/1239) based on secondary sources and restricted to the UK rather than international comparisons. The project had three objectives: · to define and map the sector in terms of size and composition of the businesses which operate within it; · to analyse the competitiveness of the sector now through SWOT, PEST and Porter's 5 forces and any other appropriate means and summarise the key issues facing the sector as a whole, and also sub-sector specific issues;...
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...APPLE INC IN RETAILING (WORLD) June 2014 SCOPE OF THE REPORT Scope All values expressed in this report are in US dollar terms, using a fixed exchange rate (2013). 2013 figures are based on part-year estimates. All forecast data are expressed in constant terms; inflationary effects are discounted. Conversely, all historical data are expressed in current terms; inflationary effects are taken into account. Retailing Disclaimer Much of the information in this briefing is of a statistical nature and, while every attempt has been made to ensure accuracy and reliability, Euromonitor International cannot be held responsible for omissions or errors. Figures in tables and analyses are calculated from unrounded data and may not sum. Analyses found in the briefings may not totally reflect the companies‟ opinions, reader discretion is advised. Non-Store Retailing Internet Retailing Non-Grocery Retailers Electronics and Appliance Specialist Retailers Apple Inc, goes from strength to strength thanks to unparalleled consumer loyalty and brand equity, superlative store experiences, a strong portfolio of products and a customer service strategy that sets it apart from its rivals. Lacking strong leadership store sales have struggled - sales per store in 2013 were flat. Appointment of ex Burberry CEO as new VP of Retail and Online is expected to provide much needed boost to Apple retail operations – both in store and online. STRATEGIC EVALUATION COMPETITIVE...
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...Chapter 1 * Retailing : is business involves selling goods and services to consumers for their personal, family or household use * Retailing can be tangible and intangible , as services * Retailing does not always involve a store; it can be web, via mail, phones, manufactures, importers, nonprofit, wholesalers. * Retail impact economy; functions in Distribution and relationship with firms selling goods and services to retailers for their resale. * Durable goods store: meaning store like last longer such as: motor vehicle, parts dealer, furniture, home furnishings, electronic, appliances and hardware store. * Nondurable goods and services: general merchandise such as food, beverages, health, personal care stores, gasoline stations, clothing and hobby, book, music. Retail Functions AND Distribution * Retail last stage in CHANNEL OF DISTRIBUTION : * This means business and people are involve in physical movement and transfer of ownership of goods and services from producer to consumer: * Example an exchange: buying IPhone from Apple. * Retailer’s job: communicate with customer and manufacture, deal with products and services. * Sorting process: retailers collect sources and buy large amounts and sell in small amounts. * MULTI-CHANNEL Retailing : * Retailers sell to consumers through multiple retail formats: Example, mail, order, web, phone, stores. * Helps manufacture reduce cost, improve cash flow. ...
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...REPORT Retailing in the Philippines May 2013 EXECUTIVE SUMMARY Retailing market sees more vibrant performance in 2012 With a better economic backdrop compared to 2011, the year 2012 sees more robust growth in the retail market, both in grocery and non-grocery channels. The industry has benefited from the increase in government spending on infrastructure, dynamic local tourism, strong BPO growth, and influx of OFW remittances. The Philippine economy remains to be largely driven by consumer consumption which has accelerated growth both for store-based and non-store channels. Chained players expand in provincial areas During the year, chained retailers continue to realise the increasing potential of fast growing cities outside of Metro Manila. With BPO moving beyond the National Capital Region and tourism flourishing in the southern provinces of Visayas and Mindanao, the establishment of more shopping centres in provincial cities in turn encourages the expansion of chained players in these areas. Aiming to tap emerging lucrative markets, companies like Philippine Seven Corp, SM Retail Inc and Robinsons Retail Group, among others, are keen on establishing a presence outside Metro Manila. Grocery retailers surpasses non-grocery retailers sales growth With players like Puregold Price Club and SM Retail Inc focused on growing their networks of stores, grocery retailers surpass growth of non-grocery channels in 2012. The growth of hypermarkets and supermarkets which sell non-grocery...
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...Some of the factors responsible for the growth of organised retailing are as under: 1. Growth of middle class consumers: In India the number of middle class consumer is growing rapidly. With rising consumer demand and greater disposable income has given opportunity of retail industry to grow and prosper. They expect quality products at decent prices. Modern retailers offer a wide range of products and value added services to the customers. Hence this has resulted into growth of organised retailing in India. Growing consumerism would be a key driver for organized retail in India. Rising incomes and improvements in infrastructure are enlarging consumer markets and accelerating the convergence (meeting) of consumer tastes. 2. Increase in the number of working women: Today the urban women are literate and qualified. They have to maintain a balance between home and work. The purchasing habit of the working women is different from the home maker. They do not have sufficient time for leisure and they expect everything under one roof. They prefer one-stop shopping Modern retail outlets therefore offers one store retailing. 3. Value for money: Oganised retail deals in high volume and are able to enjoy economies of large scale production and distribution. They eliminate intermediaries in distribution channel. Organised retailers offer quality products at reasonable prices. Example: Big Bazaar and Subhiksha. Opportunity for profit attracts more and more new business...
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...Chapter 14 Summary/ Definition Retailing includes all of the activities involved in selling goods or services directly to final consumers for personal, nonbusiness use. Retailer or retail store is any business enterprise whose sales volume comes primarily from retailing. Retail life cycle retail-store types pass through stages of growth and decline that can be described as the Wheel-of-retailing hypothesis, after conventional retail stores increase their services and raise their prices to cover the cost. These higher costs provide an opportunity for new retail forms to emerge with lower prices and less service 1. Self-service: The cornerstone of all discount stores, self-service allows customers to save money by carrying out their own locate-compare-select process. 2. Self-selection: Customers find their own goods, although they can ask for help. 3. Limited service: These retailers carry more shopping goods, and customers need more information and assistance. The stores also offer services (such as credit and merchandise-return privileges). 4. Full service: Salespeople are ready to assist in the locate-compare-select process. The high staffing cost, the higher proportion of specialty goods, slower-moving items, and more services, add up to high-cost retailing. Corporate retailing Such organizations achieve economies of scale and have greater purchasing power, wider brand recognition, and better-trained employees. Target Market A retailer’s most important...
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...Retailers or retail stores are diverse trade or business endeavours whose overall business in conducted by means of retailing or wholesale at stores. Associations offering their items and administrations to purchasers in the event that it is a manufacturer, wholesaler or retailer is doing retailing. It does not have any kind of effect how the product or service are sold by individual, mail, telephone,, online or in a store, the offering of product or administrations specifically to customers includes retailing as their business design. Retailing involves the offer of items or stockpile from a changed territory, for instance, a retail chain, boutique, or by method for web shopping store to purchaser. Retailing may vehemence subordinated administrations, for instance, conveyance of the item to the shoppers. Purchasers may be individuals or associations. Retailer buys item or administration in generous sums from makers or merchant or outsider, either specifically or through a wholesaler, and a short time later offers smaller sums to the end-customer (Corstjens & Lal,...
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...introduction and evolution shows how the organized retailing changed its gears over the period from Panwaladhukan to chain stores across the length and breadth of India. Further more, we highlight the various benefits that have accrued to the customers, retailers and the Indian economy as a result of the growth of the retail sector in India. Having learnt about the advantages of retailing in India, we next focus on the criticisms that have surfaced towards retailing activities in India. Retailing has grown and flourished in our country since its origin and hence we indulge in examining the causes behind such unprecedented growth. Owing to the fact that retail sector has seen tremendous growth in our country, the need to forecast the future of retailing in India is felt and hence we take a look into what the future holds for retailing in one of the most populated and largest economy of the world. INTRODUCTION AND EVOLUTION The word ‘Retailing’ refers to any activity that involves the direct sale to an individual customer or end user. Retailing has been the most active and attractive sector of the last decade. While the retailing industry itself has been present through out the history in our country, it is only the recent past that has witnessed so much dynamism. Retailing arena today is very different. It’s the latest bandwagon that has been witnessing hordes of players leaping onto it. While international retail store chains have caught the fancy of many travelers abroad...
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...Space as Global Competition Comes Home Group 9: Shikha Jain Shalu Uppal Sonam Gupta Saumya Srivatava Vipin Panwar Vijayant Ravesh Vatika Mayar Vivek Varun Garg Siddharath Gahlot Ans 1. a) Retail Industry Evolving In India The Indian retail industry is divided into organized and unorganized sectors. Retail is the fastest growing sector in the Indian economy. It is growing at 9% per annum. The Indian retail market is estimated at US$ 350 billion Retail is India s largest industry, accounting for over 10 per cent of the country s GDP and around eight per cent of the employment. The Indian retail sector is highly fragmented with 97 per cent of its business being run by the unorganized retailers like the traditional family run stores and corner stores. The sector is the largest source of employment after agriculture, and has deep penetration into rural India generating more than 10 per cent of India s GDP. Large Indian players like Reliance, Ambanis, K Rahejas, Bharti AirTel, ITC and many others are making significant investments in this sector. However, the opportunity is huge-by 2010, organised retail is expected to grow at 6 per cent by 2010 and touch a retail business of $ 17 billion as against its current growth level of 3 per cent which at present is estimated to be $ 6 billion. The players should be proactive in the approach so that the can remain competitive and can target larger share of consumers wallet and should look for multiple format by having expansion and...
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