Retail Industry in the UK for the Last Quarter of 2011

Retail Industry in the UK for the Last Quarter of 2011 Essay example
Masters
Essay
Marketing
Pages 10 (2510 words)
Download 0
Retail industry in the UK for the last quarter of 2011 (October – December) Table of Contents 1. Background 1 2. Overview of the retail sector 2.1 Top retailers - UK 1 2.2 Causes of decline in consumer shopping 1 2.3 Competitor analysis 2 3. Retail sector in the last quarter 3 4…

Introduction

The UK retail sector contributes 8% towards the country’s GDP which includes the UK retailers going overseas and expansion of e-commerce beyond the borders of the United Kingdom (Farfan, 2011). However, retailers in the UK face a huge challenge as they struggle to cope with the sudden deterioration in consumer demand and willingness to purchase. This report presents an in-depth analysis of the key factors that influence the development of the retail sector while evaluating which sectors offer the most potential. 2. Overview of the retail sector 2.1 Top retailers - UK The top four retailers in the UK include Tesco, Asda, Morrisons and Sainsbury and together they account for about 80% of the retail food sales in the UK (Farfan, 2011). Even though recession impacted the individual retail chains, there were not many substantial changes in the largest retail UK chains. The largest retail chains held their ranking order because there were no changes observed. Two major changes that occurred in 2011 in the UK retailing industry were that the apparel retailer Arcadia group and department store Debenhams lost their spots in the World’s largest retailing list completely. ...
Download paper
Not exactly what you need?

Related papers

How has the UK retail sector adapted to recent changes in the economic climate effectively?
The Global Financial Crisis had a profound impact on almost all parts of the world. Millions of people around the world had to change their lifestyles, many financial institutions went bankrupt, thousands of employees lost their jobs, many people ended up living on the streets, governments in most part of world had to interfere, with bail out plans regardless of the fact that how capitalistic and…
How has the UK retail sector adapted to recent changes in the economic climate effectively?
Alternatively, if you have already written your coursework in another document, copy and paste the content of your coursework from your document within this file. Brunel Business School MSc Academic Year 2011 How has the UK retail sector adapted to recent changes in the economic climate effectively? (Case study: Tesco, M&S). [0925005] A Dissertation submitted in partial fulfilment of the…
Retail industries of UK
Despite of the fact that the UK economy was going through recession, but the overall sales of the industry had increased in 2009 as it reached a figure of over ?285billion. It has been estimated that this figure would further increase in the years to come. Also with the world economy and UK economy recovers itself from recession, retail industry would be one of the most beneficial industries as…
Retail industries in UK
Lynn (2010) also expressed similar opinions as expressed by Inman. “Stakeholders such as the government, customers and dealers often hold a large stake in any negative turn the UK’s economy takes”(Lynn, 2010, p. 65). The retail industry is a sector of the economy in which individuals, employees, consumers and organizations interact each other. UK retail sector is currently facing huge…
Literature review: Retails industries in UK
Foreign companies currently acquired many prestigious UK companies. For example, Indian automobile manufacturer TATA group recently acquired Britain’s prestigious automobile manufacturer Jaguar and Land Rover. Inman (2009) mentioned that ‘the unemployment in UK may cross more than 3 million in near future itself as Britain's manufacturers, retailers and service industries feel the full effects…
Retail Market Analysis - Mobile Phone Retailing in the UK for the last quarter of 2011 (October – December).
Current paper focuses on the mobile phone industry of UK; the country’s mobile retail market is analysed emphasizing on the last quarter of 2011. Reference is also made to the industry’s performance in the past, especially during 2011, since it is considered as a valid indicator of the industry’s performance not only in the last quarter of 2011 but also in the future. A problem has appeared…
Financial Educational Board Games (Toys and Game Industry)
5,856.20M El Segundo, CA Namco Bandai Holdings Inc. 4,083.77M Tokyo, Japan Hasbro, Inc. 4,002.16M Pawtucket, RI LEGO System A/S 2,272.69M Billund, Ribe (hoovers.com, 2011) Consumers spent 25.1 billion on video games, hardware and accessories in 2010 (Entertainment Software Association, 2011). The best-selling Computer Games are Family and Children’s Games (19.8%), Shooter games (14.4%),…