Supermarket Industry - Essay Example

Only on StudentShare

Extract of sample
Supermarket Industry

With the increased competition, many people in the supermarket industry have realized the importance of offering a wide range of products from groceries, electronic items, and clothing among other items which will ensure that their shops have a competitive edge over the rest of their rival supermarkets.
The supermarket industry has therefore played a significant role in the growth of the economy in terms of creating employment, provision of vital goods to customers among other roles and most of the supermarkets have undeniably adapted it. Nevertheless, most of the international supermarkets such as wal-mart have been able to survive and they have been able to reinvent themselves over a period of time so as they can be able to attract and maintain a wide base of loyal customer and increasing their sales volume (Robert, S. 2003). Most of them have come up with new concepts and innovation and hence they have been able to succeed in their endeavors.
In this world where competition is thrive, it seems as everybody is following the same line where most of the supermarkets have become a one stop shopping p ...
Download paper


The supermarket industry has become one of the most lucrative industries in the world and their expansion has been rapid. Every year, the sales turnover in this industry are increasing rapid and they have been employing a lot of people. In most of the cases, the retail market in the world are considered to be mature and hence most of the large retailers are mostly like to remain dominant players while trying to increase their market share through mergers and acquisitions and turning themselves into supermarkets (Engleson, M…
Author : laynehowe

Related Essays

Research propsal - Operation Managerment (TQM)
The study shows that though economies of scale, access to technology and sales operations channels remain significant factors to the advantage of big companies, they remain vulnerable to price wars and product switching schemes initiated by smaller players in the industry. The conclusion is that companies need to focus globally competitive strategies while remaining local in approach to consumers.
17 pages (4267 words) Essay
Supermarket Company Strategic Analysis
The report below provides an insight into the supermarket company, Tesco, with emphasis on its external environment analysis and company's analysis of resources, competence and culture. Two future strategic options are suggested in regards to the resources based strategies.
12 pages (3012 words) Assignment
Supermarket the urban trend
But, as this report will illustrate, such 'choice' has in the long run, come at a price. Supermarkets today, are proving to be a disaster rather than a boon for the society. The modus operandi of the supermarkets both in procuring and selling goods has had a telling effect on all sections of the society.
6 pages (1506 words) Essay
Sainsbury Supermarket
The 2008 outlook also reports that downside risk to the outlook seems more threatening that at the time of the September 2007 outlook. This is because oil price declines since last august and generally benign global financial conditions have helped to limit spillovers from the corrections in the US housing market and to contain inflation pressures. (IMF World Economic Outlook, 2008). Thus, multinational companies must rethink their global strategies, in the phase of foreign exchange rate and falling price of oil. The present circumstances make them victims of foreign exchange risk and...
12 pages (3012 words) Case Study
Ocado Supermarket
8 pages (2008 words) Assignment
Case company: Tesco and the supermarket industry in the UK
The UK operation is the largest out of all the Tesco business units (Kumar, 2008). The vision of Tesco has 4 major objectives such as creating need and demand across the world, implementing modern and innovative ideas, leading the local market and earning loyalty and trust of the stakeholders. Their strategic priorities are establishing leadership throughout all the channels, focusing on international growth and proper investment to strengthen the UK business (Tesco Plc, 2014).
6 pages (1506 words) Essay
Case company: Tesco and the supermarket industry in the UK
Tesco had started in U.S as self-service supermarket which employed few staff while the quantity of stock that offered was more than the available staff could handle. This strategy led to lowering of product prices and therefore the management of Tesco decided to relocate it to Britain where its success was greatly manifested (Paliwoda & Stannley, 7).
8 pages (2008 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!