more stores across the states of Arkansas‚ Missouri‚ and Oklahoma. The company continued its rapid growth‚ and in 1991 opened the first international store in Mexico. Eight years later‚ Wal-Mart expanded to Great Britain with the acquisition of ASDA. "ASDA‚
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Public Employees: 2‚100‚000 Employee growth: 10.5% First store opened in 1962 by Samuel Walton and his brother J.L. (Bud) Walton in Roger‚ Arkansas. With more than 7‚250 stores‚ including Wal-Mart Super centers(US) and ASDA (UK)‚ make Wal-Mart the #1 retailer in the World. In 1999‚ ASDA Group plc is acquired for $10.8 billion. Tesco: The Statistics at present: Type of Company: Public Employees: 440‚061 Employee growth: 74.3% The first store was opened in 1929‚ in Middlesex. With 3‚956 stores in
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INDEX 1. Objective of the report--------------------------------------------- 3 2. Overview of UK grocery retail market-------------------------- 3 3. J Sainsbury’s plc---------------------------------------------------- 3 1. Management-------------------------------------------------------- 4 2. Sectors and geography-------------------------------------------4 3. Economy------------------------------------------------------------- 5 4. Wm Morrison supermarkets
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undeniable that the vast range of goods and services that supermarkets provide‚ and the prices at which they supply them‚ have been terribly successful. However‚ the growth and profitability of these companies – in particular‚ the four major chains‚ Asda‚ Morrisons‚ Sainsbury’s and Tesco – has been controversial. Many critics have argued that the supermarkets have exploited their dominant market position in a way that is contrary to the public interest. The principal responsibility for enforcing
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Figure 2) displays a picture of Hetherington High Street. It looks like a run-down part of the high street that has a charity shop and second hand shops. Further down the down there is a newly opened Tesco Express. A mile or two further there is an Asda and Sainsburys. Larger supermarkets here have brought in larger consumption and this takes us nicely into Chapter 2. Allen el at (2009) discusses in Chapter two how supermarkets have changed the way the produce their products. Today supermarkets
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expansion of the company‚ steady rise in company profits in recent years Weakness: • Company focus mostly on food products while the market share for daily goods‚ accessories and pharmaceutical are being over taken by competitors .i.e. Tesco‚ Asda • The economic crisis- means possible customers cannot afford to spend their income quickly and will prefer for a better value before making sale • The company as many other major supermarkets are essentially working in a negative working capital
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Morrisons was the last one out of Big Four to enter to online commerce. This is one of the reasons for the grocer’s trailing behind Asda‚ Tesco and Sainsbury’s. Before acquisition of Safeway‚ Morrisons was concentrated in Northern part of UK‚ and the deal helped it to establish presence in Southern part of UK‚ though it could not overwhelm its competitors. Morrisons operates lesser convenience stores than its rivals since originally it was mainly focused on large supermarkets with less attention
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the customers. Because of the size and facilities‚ Tesco buy in bulk which means they take benefit of economies of scale. That means they can lower prices when they want in order to keep the prices attractive and be competitive with stores such as Asda or Sainsbury. By creating loyalty packages such as club card they achieving loyal customers what is important and is as a consequence they are successful company. Weaknesses Tesco is very big company with very wide range of products. They are selling
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is just one step ahead. They used the same actions that made them market leaders in the past in a world that had completely changed and needed something new‚ while in parallel new innovative strategies were born with their main competitors Tesco and Asda. The decline of Sainsbury’s in the 1990s coincided with the rise of Tesco‚ which had outpaced its rival on price‚ range and innovation. While Tesco was innovating‚ Sainsbury‚ with its lack of vision and pioneering strategy‚ had the only choice
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The Factors affecting Sainsburys objectives Sainsburys are a private sector organisation whose main interest is in gaining financial reward‚ such as profit and shareholder value. Sainsburys are a particular public limited company whose securities are traded on a stock exchange and can be bought by anyone. (Business dictionary 2008). So the strategic plan would therefore be particularly concentrated on generating profit although this can be balanced against the needs of the stakeholders. There are
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