Essays on Retail Management

Company Overview

Marks & Spencer is one of the leading retailers in the United Kingdom, well known for offering financial services, clothing and foodstuffs of superior quality. The company was formed in 1884, following the partnership of Michael Marks and Tom Spencer. Since its formation, the company has evolved, and continues to evolve, to be one of the largest retailers globally. Currently, the company operates more than 600 stores within the United Kingdom and over 200 others in more than 40 countries globally (Chislett, 2009). The rapid growth of the company is accredited to its visionary leadership, which has seen the company ...

Report to CEO and Senior Management at Riptide

Consultant’s Name Report to Riptide: Meet and Beat the Competition with Information Technology and Information Services Riptide has offered high quality surf wear over the years with its winning combination of manufacturing its own products and selling its high-end products at medium prices. Riptide was a success without overstretching its capabilities as a medium-sized business. Most important though, has been the ability of the founder/owner’s charismatic and intuitive abilities to communicate one-on-one with customers and stay ahead of popular trends. The combination of understanding the customers, offering personal customer service and consistently offering high quality products ...

Customer Inserts His/Her Name

Customer Inserts Tutot’s Name - Introduction - Background The Chinese market is growingly rapidly. By the end of 2009, its population was at 1,334.74 million. This was an increase of 6.72 million people from the previous year. The income of urban households rose from RMB 10,493 to RMB 17,175 between 2008 and 2009.the expenditure on clothing among the urban households increased from RMB 801 to RMB 1,284 between 2005 and 2009. Therefore China is ranked as the world’s largest fibre consumer. Figure 1 below shows statistics of the country’s ...

There has been a proliferation of online business dealing with different products. Ranging from online books to items like vehicles, the online business is gaining pace over time. This is fuelled by the need for convenience by consumers. The ability to purchase something from the comfort of one’s home is very alluring. As such, it is important to unearth the place of online retail in various sectors around the globe. More precisely, the knowledge of the online fashion retail business in the United Kingdom is of importance. Therefore, this paper will highlight the place of online fashion retail in ...

Introduction

The size of retail market has grown over the years with the increase in the number of products and rise in demand in the mass market. The retail power with innovation in technology has helped in lowering costs by achieving high economies of scale and at the same time improving the quality of service which has increased the bargaining power of retailers. Moreover, information technology has resulted in automating the systems at large retail outlets, giving them a competitive edge by capitalizing on the advanced IT solutions available in the macro environment. However, with the increase in demand and opportunities, ...

Background

Tesco Plc is one of the largest retailers in the world, the leading supermarket retailer in the United Kingdom, the world’s largest on-line grocery retailer and the fourth largest retailer behind Wal-Mart, Carrefour and Home Depot (Morris, 2004). The retailer has been selected due to its interesting business model, profitability, business and competitive strategy, service strategy, supply chain and sale mode which has been changed across the years to ensure it remains competitive. Since 1999; Tesco has been the most profitable retailer in the United Kingdom having a 31% share of the UK grocery market in the third quarter ...