Evaluating two successful stores and two unsuccessful stores The retail industry is extremely competitive particularly during the current economic conditions when customers have limited spending power (Bloomberg‚ 2009). Therefore‚ it is crucial that the business owner assess all of the factors which determine the profitability of a store. Since the financial figures are unavailable for all of the different outlets‚ the success of the store will be assessed using the same physical factors which
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SHOPRITE RETAIL GROUP UMBS JUNE 2009 1. BACKGROUND ON SHOPRITE The Shoprite Group (www.shoprite.co.za) is one of South Africa’s largest food retailers. It owns a whole range of brands with which it attempts to serve the South African food retail market. It has also succeeded to export its business model to the rest of Africa‚ the only South African retail company to have done so with considerable success. They were clever enough to develop a business model to fit the situation in Africa. They
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owned company * Began in Germany * The chain is made up of two separate groups‚ Aldi Nord (North - operating as Aldi Markt) and Aldi Süd (South - operating as Aldi Süd) * Aldi is owned and managed by two brothers Karl and Theo Albercht. * Aldi in Germany has in all 2500 stores. * Internationally Aldi has 9800 + stores which are present in Denmark‚ France ‚ U.K‚ Austria ‚ Australia ‚Hungary ‚Switzerland to name a few. ABOUT ALDI * Aldi specializes in staple items
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----A STORE FOR YOU The name of the store is Sonics A store for you. This store sells many different kinds of things such as clothes‚ accessories‚ shoes and many more things. The target market of this store is: that it sells to all age groups (from newborn to older people) and all genders. Product and Service Management The sales are located at the back of the store. It is in the back because people have to go through the entire store to get
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SOUTH AFRICA HISTORY In the history of South Africa‚ the earliest known settlers of the country were the San and Khoekhoe people‚ collectively known as Khoisan. They were two distinct cultural groups. The first Europeans to arrive in South Africa were the Portuguese Seafarers who initiated the sea route to India in 1488. They were soon followed by other Europeans since the late 16 th century In 1815‚ the British took permanent control of the Cape colony and brought in more settlers In 1910 South
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Walmart in South Africa The beast in the bush A hungry predator stalks Africa Feb 17th 2011 | JOHANNESBURG | from the print edition • • Actually‚ I do care about prices ON FEBRUARY 11th the world’s most successful retailer came a step nearer to establishing a presence in Africa. South Africa’s Competition Commission approved Walmart’s proposed acquisition of a 51% stake in Massmart‚ a South African firm that owns 265 wholesale and retail stores in South Africa and 25 more in 13 other
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mark being awarded. Read the case study below and conduct your own research on Shoprite Holdings Ltd. Following your investigation answer the questions in Section A. South Africa and the global economic environment Since our previous report‚ there has not been any material improvement in the global environment in which South Africa trades. In the European Union‚ collectively the country’s largest trading partner‚ the crisis seems to be deepening as the fear of member countries defaulting spreads
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INTERART FINAL BILL - 500 sqft Annexure A- Civil & Electrical SR.NO. 1 1.1 ITEM CIVIL WORK Doors P / F Glass Door - 1000x2100‚ 12mm thk. Toughened glass (Trutuf / Gurind) door with patch fittings ‚ door spring ( DORMA) comprising of locking arrangement and SS handles 900mm long‚ 25 mm dia. Of Dorset make‚ including mirror edge polishing etc com P / F Flush Door - 750x2100‚ 35mm thk. flush door‚ of make Kitply/Greenply or equivalent‚ with Merino Vertiline 21065 & 21069 laminates on both sides as
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Controversy over Indian retail reforms A horticultural produce retail market in Kolkata‚ India; produce loss in these retail formats is very high for perishables Critics of the Indian retail reforms announcement are making one or more of the following points:‚[50][51] Independent stores will close‚ leading to massive job losses. Walmart employs very few people in the United States. If allowed to expand in India as much as Walmart has expanded in the United States‚ few thousand jobs may be created
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THE RAINBOW NATION‚ GOING BEYOND THE HORIZON - GLOBALIZATION OF SOUTH AFRICA – ABSTRACT This paper examines the advantage‚ disadvantage‚ trade and FDI in SA from globalization perspective. South Africa(SA) is the one of the post BRICs country and it has largest economy market in Africa. Following the democratic elections of 1994‚ SA corporations moved with alacrity into the rest of Africa and beyond. Mining houses led the way‚ followed by manufacturers and financial institutions. Multinational
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