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Papers > Business > Analysis of the UK grocery retail industry
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Analysis of the UK grocery retail industry |
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Analysis of the UK grocery retail industry Table of contents Page 1. ... 0 Potential threat on new entrants into the retail sector 8 8. ... 0 Introduction The Authors has conducted this report to inform a North American retail group about the UK grocery retailer of the condition of the sector. The report will present an analysis on the three largest grocery retailers to help the North American group to have a clearer understanding about the market in Britain. ... 1 The Question The Authors have been assigned to analysis the retail grocery sector in the UK, the following statements will be answered; identification of the main competitors, assessment of relative market share, relative significant of each competitors, potential for each competitor to capitalise on internet technologies and potential threats of the new entrants into the retail sector. ... This has provided the writers with a clear understanding of the UK retail grocery market. ... 0 Identification of main competitors According to the internet site Kamcity (2003) which have conducted a research on the UK grocery retailers, the five largest grocery stores in 2001 was as followed; 1. ... Somerfield The Authors have decided to focus on the top three of the largest grocery stores and these will be examined throughout this report. ... 0 Assessment of the relative market share The approximate value of the food retail market is £65,3bn in the UK. ... The five largest grocery retailers have 38,9 % of the total market, see figure 1. ... 0 Relative significance of each competitor The UK is a country where many grocery retailers operate. ... Tesco is the UK’s biggest retailer chain who sells everything to satisfy customers’ needs such as books, grocery, household equipment, flowers, wine etc. (yahoo finance 2003) Tesco have stores in UK, republic of Ireland, France, Hungary, Poland, Czech Republic, Thailand, South Korea and Taiwan. ... Their main market is in the UK where 55 new Tesco stores where opened in 2002, which results in 729 stores now. ... In order to make it easier for customers for that reason they can buy both their grocery and medicine at the same time. ... The retail services are offering personal finance such as life insurance and general insurance (home, car, pet, travel), credit cards and loans and saving schemes and their own webpage (yahoo finance 2003). ... Sainsbury’s is a part of the J Sainsbury plc, which is a leading UK and US food retailer with interest in financial services and property. The group consist of Sainsbury’s supermarkets and Sainsbury’s Bank in the UK and Shaw’s supermarkets in the US but this report will concentrate on merely Sainsbury’s supermarkets. ... Sainsbury’s mission (Sainsbury 2002) Sainsbury’s supermarkets are the number two of UK supermarkets. ... There are 463 stores throughout the UK and nearly 60% of the stores are located in town-centre or edge-of-centre and serves over 11 million customers every week. ... In addition to a wide range of quality food and grocery products, many stores offer bread baked on the premises, delicatessen, meat and fish counters, pharmacies, coffee shops, restaurants and petrol stations. ... The company is consistently investing in the food range and last year over 3,200 products were developed or improved and the own-label sub brands are among the best in the UK. |
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Title: Analysis of the UK grocery retail industry
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