Business Supermarket Store | Market Share (%) | Tesco | 31 | Asda | 17.2 | Sainsbury’s | 15.9 | Morrisons | 11.4 | Aldi | 8.1 | Lidl | 6.3 | Co-op | 3.9 | (Retail Week‚ 2009‚ Waitrose Improves Growth) The rivals of Sainsbury’s have recently turned up the heat on the store by increasing their like for like sales from last year. Reports suggest that both Waitrose and Morrisons have out stripped Sainsbury’s sales for the year‚ with 11.7% and 8.4% respectively (Brummer‚ Alex 2009)
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companies are directed and controlled‚ which involves a set of relationship between a company’s management‚ its board‚ its shareholders and other stakeholders‚ and the objectives for which the corporation is governed. There are mainly three important theories included in corporate governance‚ which are agency theory‚ transaction cost theory and stakeholder theory‚ each theory views corporate governance from different perspectives. These three theories play significant roles in understanding the corporate
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balanced scorecard: a benchmarking tool." Benching: An International Journal VOL.15‚ no. NO.4 (2008): PP.420-443. The Advanced performance Institute. 2010. www.ap-institute.com/balancedscorecard. Lexis Nexis. 2009. www.lexisnexis.co.uk/company. Wm Morrisons Plc. 2010. www.wmmorrisons.co.uk.
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new competitors into the food retail industry is low. It requires huge capital investments in order to be competitive and to establish a brand name. Major brands that have already captured the food retail market are Tesco‚ Asda‚ Sainsbury’s and Morrisons and they account for 80% of all shopping in the UK (Mintel‚ 2010). Therefore‚ new entrants have to produce something at an exceptionally low price and/or high quality to establish their market value. Gaining planning authorisation from local government
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in the price must be treated carefully because if there are many close competitors like Asda‚ Morrison for a product and the higher price may lead customers to switch to rival products entirely‚ for example‚ Tesco‚ may decide to increase its price‚ which the price will be £1.20 for a milk‚ rivals like Asda or Morrison might put the price to £1 and consumers may decide to consume milk from Asda or Morrison as it is
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WAITROSE BACKGROUND Presentation * We are an upmarket chain of supermarkets in the United Kingdom and are the food division of the British retailer and worker co-operative the John Lewis Partnership. * The John Lewis Partnership is an employee-owned UK retailer which operates John Lewis department stores‚ Waitrose supermarkets and the direct services company Greenbee. * Our reputation has been built‚ above all‚ on the quality and freshness of our food. We hold a Royal Warrant with Her
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the previous year. All of the sales were generated through two business divisions‚ gross sales of John Lewis were ￡3.23bn while Waitrose were ￡4.97bn (JLP website‚ b). The company’s main competitors include Arcadia Group Limited‚ NEXT plc and Wm Morrison Supermarkets plc (JLP website‚ a). Origins and Key Developments John Lewis Partnership originated in 1864 when a businessman named John Lewis founded a draper’s shop in Oxford Street of London. In 1920‚ John Spedan Lewis created the partnership
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iki’s speech notes Slide 8: Tesco Social Factors The ageing population is discouraging for the food retailers older people tend to eat less. They are less likely to travel to supermarkets to shop compared with the younger generation. Although internet literacy level drops over the age of 65 years within the population it has nevertheless been predicted that the ageing population would find online shopping more convenient. However‚ small deliveries are considered to be ineffective and expensive
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online and bill board. There is limited to Word of mouth. Emphasis is on quality and values alone. Distribution Unilever distribute their products through intermediaries which range from retailer large super stores like Asda‚ Boots‚ Safeway now Morrison‚ wholesalers and various corner shops as well as off licence stores on the streets of cities of various
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INTERMEDIARIES Pringles usually uses a two way intermediary channel of distribuition in the UK. Which consists of wholesalers and retailers. Wholesaler in Uk- Reliance wholesale limited Main Retailers in UK – Tesco‚ Asda (by Wal-Mart)‚ Sainsbury‚ Morrisons‚ Co-op‚ Waitrose‚ Aldi‚ Marks & spencer‚ Lidl‚ Iceland. Media partner in Uk –
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