Pestle: Retailing and Convenience Stores
Pestle analysis draft
Political:
Employment laws: employees have to make sure that they are following the employability laws and employ the people who are entitled to work in UK and providing them with the minimum wages as per the law.
Economic:
Price competition: A very important factor for the convenience stores in UK the small chain stores such as Londis and Crosscutter will have a increased competition within the industry from small and independent convenience stores. Not only those they will also have a price competition with some discount stores such as Lidl and aldi
Government tax and inflation rates: Convenience stores in the UK have to accordingly plan their pricing strategies based on the inflation rates which are increasing every year.
Social:
Lifestyle changes: delicate shopping patterns of UK consumers increase market competiveness. In the UK consumers do shop more than once a week, which makes them spread their spending throughout the week to other convenience stores as well as the store they use for their main shopping.
Health concerns: consumers have become more health consciousness and therefore avoid eating ready meals and opt to cook from scratch.
Technological:
New developments: Not all convenience store have the facility of a self-service checkout but this has been a major technological development for the stores. It also enables consumers to shop quickly and avoid long queues on the tills.
Mobile technology: new apps created to find the nearest convenience stores around you such as the app called around me
Pestle analysis draft
Political:
Employment laws: employees have to make sure that they are following the employability laws and employ the people who are entitled to work in UK and providing them with the minimum wages as per the law.
Economic:
Price competition: A very important factor for the convenience stores in UK the small chain stores such as Londis and Crosscutter will have a increased competition within the
Political:
Employment laws: employees have to make sure that they are following the employability laws and employ the people who are entitled to work in UK and providing them with the minimum wages as per the law.
Economic:
Price competition: A very important factor for the convenience stores in UK the small chain stores such as Londis and Crosscutter will have a increased competition within the industry from small and independent convenience stores. Not only those they will also have a price competition with some discount stores such as Lidl and aldi
Government tax and inflation rates: Convenience stores in the UK have to accordingly plan their pricing strategies based on the inflation rates which are increasing every year.
Social:
Lifestyle changes: delicate shopping patterns of UK consumers increase market competiveness. In the UK consumers do shop more than once a week, which makes them spread their spending throughout the week to other convenience stores as well as the store they use for their main shopping.
Health concerns: consumers have become more health consciousness and therefore avoid eating ready meals and opt to cook from scratch.
Technological:
New developments: Not all convenience store have the facility of a self-service checkout but this has been a major technological development for the stores. It also enables consumers to shop quickly and avoid long queues on the tills.
Mobile technology: new apps created to find the nearest convenience stores around you such as the app called around me
Pestle analysis draft
Political:
Employment laws: employees have to make sure that they are following the employability laws and employ the people who are entitled to work in UK and providing them with the minimum wages as per the law.
Economic:
Price competition: A very important factor for the convenience stores in UK the small chain stores such as Londis and Crosscutter will have a increased competition within the