impacts.
impacts.
Closing stores in a higher crime rate areas is only counter-productive for the company and the community it serves. In order for these hard hit areas to once again flourished, businesses and organizations need to hold firm and weather the storm. Effectively responding to consumer requests is very minimal at best. When Company Q does choose to respond supply is never matched with demand. Ineffective management practices have led to a disconnect within the communities they serve. Selling high margin requested items eventually leads to poor customer satisfaction. Company Q has no loyalty or trust with its own employees. This self-defeating behavior will only lead to more underperforming stores.…
Los Angeles County Economic Development Corporation. (2008). Wal-Mart Supercenters: What’s in store for Southern California? In S. M. Denbo J.D., Social and legal environment of business (pp. 477-482). United Sates of Amercia: The McGraw-Hill Companies.…
The implementation of this strategy, specifically by pioneering small formats in the "food desert" neighborhoods of Chicago, shows the increased sales opportunities for this market. Walmart's market segmentation studies have shown the potential strength of this type of strategy. The announcement of these stores, and a similar recent announcement in Dallas, demonstrate the importance of these markets in Walmart's plans to gain increased market share of the grocery business.…
As seen in the video, criminals stealing hard drives from commercial establishments is becoming more common and holds the opportunity for criminals to steal hundreds of individuals’ credit and debit card information. This growing trend puts the consumer at risk for extra charges on their credit and debit cards as well as identify theft. What is even more surprising is that consumers are unaware of the true risks that are involved in using their card at terminals in stores. Moreover, even though businesses are to swipe the hard drives clean each day, many are failing to complete this proper procedure to prevent consumer’s stolen information. To add, where the consumer’s information was compromised is not made available to the consumer.…
When Lloyd Robson enters the newsagents situated on City Road he asks its owner ‘Colin Butwell (‘Making lives’, 2009 scene 3) how his “business has been since the big boys (Tesco) moved in”?. This has also occurred on Lord Street when Asda opened a supermarket adjacent to it. This is also a common scene nationwide .A study in Fakenham, found that town-centre food retailers experienced a 64% per decline in market share due to the opening of an out-of-town supermarket. The number of convenience food stores fell from 18% to 13%, and…
Every year, Walmart is accused of increasing crime in areas within which it builds Walmart Supercenters. Yet, research and data analyses largely disprove these claims, as they reveal that other factors such as unemployment rates and population appear to contribute more to an increase in crime rates rather than the construction of Walmart stores. The software Minitab is used to analyze linear regression with the inputs population, demographics, high school graduation rates, unemployment rates, median household income, and the number of Walmart Supercenters and the output property crime rate. The overall purpose of the analysis was to reveal the relationship(s), but not causation, between these inputs and property crime rates. Ultimately, this analysis reveals no definite relationship between the number of Walmart Supercenters and property crime in the years 1999 to 2010 in Dekalb and Gwinnett County.…
In the 1950s and 1960s shops selling high-order goods, like furniture and jewellery, were in the town and city centres, which attracted customers from a wide catchment area. Shops selling low-order goods, like food, were located in the local neighbourhoods. However, this traditional shopping pattern began to change in the 1970s, when shops like supermarkets and DIY stores began to move to the outskirts of towns by decentralisation. Although it is obvious that the decentralisation of retailing and other services has had a major impact on urban areas, the impacts have been negative, positive or neutral.…
In The Wal-Mart effect: Poison or Antidote for Local Communities author Terry J. Fitzgerald attempts to submerge to the bottom of the issues people have with Wal-Mart. He does so by using results from Wal-Mart’s effect by entering non Wal-Mart counties economy’s. He uses the research to show that Wal-Mart doesn’t affect a community as much as most think. However, no matter what side of the issue you fall on, it still affects your community in a good or bad manner.…
In his novel, Brave New World, Aldous Huxley introduces a society based on consumerism. The World State is a self-sustaining machine, in which constant production is supported by constant consumption. Reflecting upon our own society, there are quite a few unnerving parallels. Our society too is based on mass production and consumerism. Big brands dominate the economy and available goods. And just as how it is never clear who controls the machine in the World State, we too are often left clueless as to who truly controls the inner workings of our economy; faceless corporations control modern-day America. The problem with this, as Huxley explores, is that corporations are driven by greed and profit. Their purpose is to maximize profit whilst…
Moreover, living and working environments contribute to health and socioeconomic differences more so than the influence of individual characteristics. Thus, there are structural inequalities in food retail, which may influence the imbalances in dietary outcomes of different socioeconomic classes. Therefore, findings submit the problems in this system appear to further hinder populations “already limited in their ability to purchase healthy food” (Beaulac, Kristjansson, Cummins, 2009). This is further enhanced for those lacking access to consistent transportation. According to Beaulac, Kristjansson, and Cummins (2009) 26.5% of Americans with incomes below $20,000 did not own a car in 2001. When this gets coupled with the growing presence of small, independent and convenience stores in lower earning communities, it limits residents to shopping at stores that charge higher prices (Beaulac, Kristjansson, Cummins, 2009). These stores tend to provide a weak medley of healthful foodstuff, but an abundance of unhealthy items; a major contributor to poor diet. Not surprisingly, research shows that in the United States better access to supermarkets correlates to lower incidence of overweightness, increased fruit and vegetable consumption, and overall better diets among minority and low-income groups…
ASSOCIATED AUTHORS. (March 29, 2012). U.S. economy grew 3% in final quarter of 2011. Accessed March 29, 2012 at…
Mack, S, (2013), “Social Factors Affecting Retail Business”, Small Business Chron, Available at http://smallbusiness.chron.com/social-factors-affecting-retail-business-71662.html, Accessed 23 November, 2013.…
Morland, K., S. Wing, A. Diez Roux, and C. Poole (2002). Neighborhood characteristics associated with the location of food stores and food service…
Caraher et al (1998) found that although people in lower social classes were more likely to shop in small shops, the vast majority of people shopped in supermarket with no statistically significant social gradient. Also, access to medium and large store, rather than low deprivation levels as been shown to be most associated with availability of range of healthy food. (Dawson, J et al 2008, Cummins et al 2010). In Glasgow, studies have indicated that the availability and price of foods representing a ‘modest but adequate diet’ were more associated with discount and multiple shops, rather than location. Macdonald et al (2011) study of Glasgow found limited evidence for association between proximity to food retail outlets, dietary patterns, and BMI, providing no evidence for the hypothesis of ‘food deserts’ in the city. An article by one of Macdonald’s (2002) co-authors in fact claims that the discourse on Food Deserts which have attracted the interest of the UK government, is not applicable to UK or Glasgow, specifically, contrasting with the findings in the US (Wrigley…
The background information for the case already highlights geographic segmentation (all the customers live on the same street in the same suburb of Toronto) and segmentation on socio-economic grounds, because the location is a “middle-class suburb.”…