Individual Assignment‚ March 2014 By Ho Sue Yuin Case Study on Carrefour’s failure in Singapore 1.0 Introduction In November 2012‚ France-based Carrefour SA (Carrefour)‚ the second largest retailer in the world and the pioneer of the hypermarket concept in Singapore‚ closed down its two megastores in Suntec and Plaza Singapura‚ marking Carrefour’s exit from the Singapore retail market. According to the company’s statement‚ Carrefour Singapore had decided to quit‚ as “expansion and growth
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and write a report that covers all the significant areas in retailing. Our group has agreed to choose Tesco Extra Ampang as the retail store for this assignment because Tesco is a well-known retail store in Malaysia. When people mentioned about hypermarkets in Malaysia‚ Tesco is surely to be the former one that comes into our mind. We do believe that by choosing a retail store that we have experienced with would facilitate the process of the assignment. In addition‚ there is much information available
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FDI Foreign direct investment (FDI) or foreign investment refers to the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. In other words‚ FDI or Foreign Direct Investment is any form of investment that earns interest in enterprises which function outside the domestic territory of the investor. It is the sum of equity capital‚ reinvestment of earnings‚ other long-term capital
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environment 10 1.4 Competitive analysis 10 1.5 Customer analysis 11 1.6 Distribution channels analysis 11 2.0 SWOT analysis 12 2.1 Strengths 12 2.1.1 Good organic cosmetics brand image 12 2.1.2 Clear marketing position 13 2.1.3 Strong parent company 13 2.2 Weakness 13 2.2.1 Capital not strong as many international cosmetic companies 13 2.2.2 Lack of brand awareness 14 2.2.3 Huge room of improvement in operations management 14 2.3 Opportunity 14 2.3.1 Potential consumption capacity 14 2.3.2 2008 Olympic Games
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Question 1: Globalisation has‚ in the last few decades‚ been one of the dominant trends in retailing. Retailers around the globe are striving for higher global market shares. The food retailing industry which has an oligopolistic market‚ especially‚ has strong competition although‚ with a few large firms dominating the market. Among them Tesco and Lidl are one of the major European retailers. Tesco is the UK’s largest retailer with 28.7% market share‚ which is 11% more than its closest rival‚ ASDA
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References: 1. Dominic‚ K. 2007. Indian Retail: An Overview. Retrieved December 1 2011‚ from http://www.networkmagazineindia.com/200703/coverstory01.shtml. 2. Khanna‚ T.‚ and K. G. Palepu. 2006. Emerging Giants: Building World Class Companies in Developing Countries. Harvard Business Review‚ 84(10)‚ pp. 60–9. 3. Kottoli‚ A. 2006. A Looming Threat for Global Retailers in India. Retrieved From: http://arunkottolli.blogspot.com/2006/12/looming-threat-for-globalretailers-in
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In nowadays Tesco has a presence in 13 markets and around 4000 stores worldwide. Tesco‚ the biggest retailer in the UK with amazing group sales of £51.8 billion and gross profits exceeding £2 billion. In 1937 Tesco opened Britain’s first self-service store. This new system allowed for the faster servicing of people and lowered the costs of labor. Throughout the 60’s Tesco used so called "pile it high‚ sell it cheap" strategy that was set in motion by Cohen. This new strategy proved to be unsuccessful
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FEASIBILITY REPORT FOR WALMART ENTERING SINGAPORE INTRODUCTION WALMART Walmart was founded by Sam Wilton. He founded it in 1962‚ and incorporated it in 1969. According to the Fortune Global 500 list‚ Walmart is the largest retailers in the world. Also‚ it is the biggest private employer‚ with over two million employees. Walmart is a family owned business. It belongs to the Walton family. It have 8500 stores in 15 countries all over the world. SINGAPORE Singapore is located in a small island
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Task. 1 A quick evaluation of the global macro environmental variables that are likely to have the most significant impact on the company concluded that the 3 main factors are the economic‚ social and technological factors. 1. Economic The state of the economy of the country has enabled for a lot of multinational companies to enter their targeted segment with minimum costs and massive profits. The philosophy behind the method is that people look for more value for their money. Understandably
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Contents List of figures 3 List of Tables 3 Introduction 4 1. Marketing mix using Tesco Poland as an example 5 1.1 Products 5 1.2 Price 6 1.3 Place 6 1.4 Promotion 7 1.5 People 7 1.6 Process 8 1.7 Physical evidence 9 1.7.1 Parking 9 1.7.2 Buildings 9 1.7.3 Stores/decor/furnishings 10 2. Micro environment - competition 11 2.1 Tesco vs. Biedronka (Ladybird) 12 2.2 Tesco vs. Carrefour 12 2.3 Comparison of the top 3 retail chains in Poland 13
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