History of the Retail Industry

Topics: Management, Retailing, Open University Malaysia Pages: 4 (1269 words) Published: November 5, 2012
1. Write the history of the retail industry chosen.
JUSCO is the acronym for Japan United Stores Company, a chain of "general merchandise stores" (or hypermarket) and the largest of its type in Japan. The various JUSCO companies are subsidiaries of AEON Corporation Ltd. The JUSCO name was adopted in 1970 by a company originally founded as a kimono silk trader in 1758. Renamed AEONin 1989, it operates stores throughout Japan under JUSCO and other names and also has a presence in Malaysia, Hong Kong, mainland China, and Thailand. As of March 1, 2011, all JUSCO and SATY stores under the Aeon umbrella in Japan officially changed their names to AEON while all the JUSCO stores and shopping centres in Malaysia are fully re-branded into AEON since March 2012. However, JUSCO stores still operate in the Greater China region and some others. In 1985 the first JUSCO overseas store was opened, in Plaza Dyabumi, KualaLumpur, Malaysia, as a jointly-owned company with Cold Storage and three local companies. It was the first time that a Japanese company had entered into a significant joint venture in the Malaysian retail industry. JUSCO assumed total operational control of the chain in 1988. Currently. there are 20 AEON (formerly known as JUSCO) Retails stores and shopping centres are in operation in Malaysia. The oldest (though not the first) JUSCO store in Malaysia is JUSCO Taman Maluri in Cheras, Kuala Lumpur. It opened on 30 October 1989. 2. List some products and services available at that retail business. Products

-Coca Cola, Pepsi, 100Plus, 7-Up and other soft drinks
- Junk Foods, Sushi, Fried Chicken
- Shampoo, Shower, Toothpaste, and many other Daily necessities Services
-FREE Gift with JUSCO J CARD Renewal
-"No Plastic Bag Day" at JUSCO
-Jusco Home Furnishing Year End Stock Clearance Sale

3. Describe the Value Chain of the chosen retail industry (business receive raw materials as input, add value to the raw materials through various processes, and sell...
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