We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

The UK Food Retail Sector - Essay Example

Comments (0) Cite this document
Summary
The researcher of this descriptive essay mostly focuses on the discussion of the topic of the UK food retail sector. This scholarly journal resource describes the oligopoly market structure that supermarkets operate in and a variety of competitive activities they engage in for advantage. …
Download full paperFile format: .doc, available for editing
Polish This Essay97.6% of users find it useful
The UK Food Retail Sector
Read TextPreview

Extract of sample
"The UK Food Retail Sector"

Download file to see previous pages Narver, J.C. & Slater, S.F. (1990) The effect of a market orientation on business profitability, Journal of Marketing 54(5) pp.20-35. A substantive journal resource that also describes the methodology behind delivering superior value to customers by attaining a market orientation. The article has strengths to support the changes occurring in the UK food sector as it describes how to disseminate information relating to customers and competition and what actions to take to ensure manifestation of total customer value. The authors link knowledge with business processes to describe market orientation and their potential effects on industry profitability with the customer always the focus of business changes. Smith, N. (2009) Vertical focus food retail: delivering the goods, New Media Age London. 28 May, p.17. A substantive and popular media source that focuses specifically on food retailing and the competitive activities of Tesco, Sainsbury’s and Asda as they operate in this oligopoly. The article maintains strengths to support knowledge regarding the food sector by describing the unique differentiation strategies of the supermarkets that either build or remove market share against competition. There is a specific focus on pricing strategies for the major food retailers related to consumer sentiment and the current economic recession in the UK. Whitelock, N. (2003) Tesco’s new recruits see the big picture, Training & Management Development Methods 17(1) pp.801-804. This scholarly resource focuses specifically on Tesco in order to understand how it develops internal management and employee talent to assist in creating a market orientation. The article...
In the end, the author sums up with findings and analysis. Based on the research findings, the supplier and consumer controls in the external market drive the majority of the business innovations and competitive marketing that occurs with each major UK food retailer. Where these businesses once used face-to-face concepts for customer service and satisfaction, they are now turning toward technology as part of the changing social demographic in this country. Social media has become more mainstream and so has subscribership to Internet services and consumers are demanding more convenience related to their food purchases. This change in social attitude has significant impact on how the business structures its capital investments and also how they provide goods and services through technology.
The recession also shapes the market-orientation of major food retailers in the UK, which has led to more value-conscious and price-sensitive buyers. Since companies in the oligopoly must mimic many of the competitive actions, there are always pricing wars that occur on products that continue to increase and then subsequently decrease market share with major competitors such as Asda and Tesco. Price will shape the future of UK retailing until the recessionary environment has changed and become more stable.
The demands of customers and their significant buying power and willingness to defect based on price or perceptions of quality will also determine the shape of the food retailing environment over the next three years. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The UK Food Retail Sector Essay Example | Topics and Well Written Essays - 1750 words”, n.d.)
The UK Food Retail Sector Essay Example | Topics and Well Written Essays - 1750 words. Retrieved from https://studentshare.org/management/1436323-the-uk-food-retail-sector
(The UK Food Retail Sector Essay Example | Topics and Well Written Essays - 1750 Words)
The UK Food Retail Sector Essay Example | Topics and Well Written Essays - 1750 Words. https://studentshare.org/management/1436323-the-uk-food-retail-sector.
“The UK Food Retail Sector Essay Example | Topics and Well Written Essays - 1750 Words”, n.d. https://studentshare.org/management/1436323-the-uk-food-retail-sector.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Retail Industry in the UK
Retail industry in the UK is one of the biggest industries and it is still growing notwithstanding the economic conditions in the region. In the year 2009, retail sales in the UK amounted to over £285 billion and the total amount of sales kept growing in the later years.
6 Pages(1500 words)Essay
Critical Assessment and Comparison of the Competitiveness and Profitability of the UK Food Retail Sector
The researcher took a sample of three companies from both sectors which included Tesco PLC, J Sainsbury PLC and Morrison’s PLC from retail sector and BP, BG, and Shell from oil and gas sector. In order to conduct the analysis, the researcher considered SWOT analysis, Porter’s Five Forces Model and financial ratios analysis of the companies for the past five years.
18 Pages(4500 words)Dissertation
Fast food sector
Strategic recommendations for senior managers of the organization 12 3. Conclusion 14 References 16 1. Company evaluation of the strategic forces 1.1 Background McDonald's Corp, the world’s leading fast food giant, headquartered in Oak Brook Illinois, has a leading market share in the quick-service fast-food segment globally.
14 Pages(3500 words)Essay
Analysis of the UK Food Sector
The authors describe, from an economic perspective, the variety of products being consumed in large and small volumes with a focus on consumer behaviour related to product value. The article offers insights from the chief executive of Asda in relation to buyer behaviour and the current economic recession that is creating a value-conscious consumer who is shifting their buying methodology in relation to what is considered “cool frugality”, a significant departure from previous non-thrift or ostentatious consumption patterns.
10 Pages(2500 words)Essay
Critical Assessment and comparison of the Competitive and Profitabbility of UK food retail Sector and the UK Oil and Gas Sector
The paper further provides a summary of firm and industry strengths and weaknesses in relation to the future opportunities and threats. UK Food Retail Industry SWOT Analysis: Strengths: UK retail sector is the largest service industry of United Kingdom with employing over three million people in the sector.
11 Pages(2750 words)Essay
UK Retail Banking Sector
The author states that the retail banking sector has a huge market in the British economy. This can be seen from the fact that “banks and financial services sector together provide 25% of the total corporation tax to the British government”. The sector contributes 6.8% of the total output of the GDP.
14 Pages(3500 words)Essay
Management skills
search paper is practical and essential in creating awareness to the employees on the importance of trade unions and their legal entitlements which are vital components of PESTEL analysis. The book was published by AMACOM in 2003. Gilad, who is the president of the academy of
4 Pages(1000 words)Essay
Critical Assessment and comparison of the Competitive and Profitabbility of UK food retail Sector and the UK Oil and Gas Sector 2006-2010
By using ratio analysis it becomes possible to compare the financial performance of companies, notwithstanding whether the companies included in the analysis are large or small as compared to each other (Helfert, 2001); and it cannot be used to
4 Pages(1000 words)Essay
Critical Assessment and comparison of the Competitive and Profitabbility of UK food retail Sector and the UK Oil and Gas Sector 2006-2010
In order to conduct the analysis, the researcher considered SWOT analysis, Porter’s Five Forces Model and financial ratios analysis of the companies for the past five years. The analysis of the two sectors has revealed that there are
4 Pages(1000 words)Essay
Case company: Tesco and the supermarket industry in the UK
This study has provided a great help to find out the weaknesses of this company and therefore, it has provided required recommendation. Tesco was established in the year of 1919 by Jack Cohen. Their business is scattered in supermarket and non super
6 Pages(1500 words)Essay
Let us find you another Essay on topic The UK Food Retail Sector for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us