trend to hypermarkets and shopping malls . After having a look at the 30 leading retailers in the Middle East and South Africa the following three groups and retailer chains seemed to be the most attractive ones‚ Abu Dhabi Co-operative society‚ Carrefour UAE and Emke Group. After evaluating each chain it became clear‚ that these retailers do not differ too much from each other. But most distinctive differences are the following. Abu Dhabi Co-operative society is limited with 10 stores only in Abu
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PRICING Pricing in general‚ and price promotions in particular‚ have always been an important marketing instrument in retailing and‚ up to the present‚ price has played a very important role in retail marketing. However‚ it is precisely this focus on price reductions‚ often based more on belief and intuition on the part of the retailer than on facts and knowledge about its effects‚ that makes pricing a field of considerable strategic importance today. Methods of Price Setting There are
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References: [1] FIRDI (2006). Almanac of food consumption survey in Taiwan area 2006. Hsinchu: Food Industry Research and Development Institute. [2] Godin‚ S. (2003). Purple cow: Transform your business by being remarkable. New York: Penguin Group. [3] HarrisInteractive (n.d.). Shelf impact packaging evaluation system. Retrieved
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Britain No. 1 grocer‚ the biggest and most profitable supermarket chain in the UK. It is also one of the most successful global expansionists from the UK in the last 10 years. Now Tesco is Europe’s second largest supermarket after the French firm Carrefour‚ and is the fourth largest supermarket business in the world. It operates 1‚878 stores in the UK‚ 261 stores in Europe and 179 stores across Asia‚ and plans to open 184 stores worldwide in the next 3 years. Tesco has drawn many critics as a result
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(Shop N Save‚ Jason’s Marketplace) Giant Hypermarket SOME SMALLER firms Sheng Siong: 21 outlets Carrefour*: 2 outlets island wide NUMBER and SIZE of firms These firms are classified according to their presence in Singapore (i.e. their local market share). Some examples of firms‚ like Carrefour‚ have only a few outlets in Singapore though they belong to a large international chain. Carrefour has more than 12‚200 stores in 29 worldwide BARRIERS to entry HIGH barriers: High start up costs
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understanding the various channels available in China and can help at the negotiation levels. According to research conducted by O&L Consultancy in Shanghai‚ the major Food Distribution Channel can be classified into 4 categories‚ Supermarkets such as Carrefour‚ Wal-Mart‚ Specialty stores such as “Friendship Stores” selling mostly overseas products‚ Convenience stores such as 7-11 & Family Mart and Local markets wholesale outlets. These days‚ local food market are losing their popularity in China‚ especially
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For example‚ a Wal-Mart in Chicago is not going to sell products consumers in Florida are interested in‚ and winter coats‚ for example‚ are not going to be sold in Florida. Carrefour (n.d.) boasts “A broad product offering with everyday low prices” on their website‚ offering a competitive advantage of lower prices. Carrefour has also customized product availability for the culture of the region‚ resulting in additional competitive
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competitive nature of the Japanese retail food market and failure of global leaders Wal-Mart and Carrefour to successfully penetrate the Japanese market‚ do you believe Tesco’s decision to open Tesco Express is a good idea? Why or why not? Not a good idea. Why? Cultural differences between the UK market and the Japanese market for groceries. Japanese doesn’t wanna change (even Walmart and Carrefour failed). So‚ it is difficult to penetrate into Japanese market Tesco needs volume (to make profit)
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Running head: INTERNATIONAL PORTFOLIO DIVERSIFICATION International Portfolio Diversification International Portfolio Diversification Globalization resulted‚ among other things‚ in a noticeable increase in foreign trade and investment worldwide. For individuals‚ the main type foreign investment is foreign portfolio investment (or foreign indirect investment) which is “the investment by individuals‚ firms‚ or public bodies (e.g.‚ governments or nonprofit organizations) in foreign financial
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online]. The Times of India‚ Tuesday‚ 29 November. Accessed on 29 February 2012 at http://articles.timesofindia.indiatimes.com/2011-1129/india/30453728_1_retail-sector-small-retailers-global-retail-giants Wang‚ Wuxia and Jha‚ Isha. 2011. Walmart and Carrefour in China. [case online]. Florida: David F. Miller Center For Retailing Education and Research‚ University of Florida‚ International Retailing Education and Training (IRET). Accessed on 7 April 2012 at http://bear.warrington.ufl.edu/oh/IRET/Cases/Wal-mart%20and%20Carrefour%20CaseEdits
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