This website uses cookies to ensure you have the best experience. Learn more

Describe The Structure And Organisation Of The Retail Sector

2519 words - 11 pages

Describe the structure and organisation of the retail sector

What is retailing?

Retailing is selling products or services to consumers/customers for their own use, Examples of retail stores are Primark, Next, River Island and Tesco. There are thousands and thousands of different retail stores across the country. Retailers are a vital part of the business world as they add value to products and services.

The organisation –

Retailing takes on many forms in the market. They are…

- Types of retailers
- Online and physical stores
- Clicks and bricks
- Emerging stores for example; Shopping villages, teleshopping and hybrid stores.

There are many types of retailers. Some ...view middle of the document...

This allows customers to reserve their wanted items through the web. This allowed customers not having to worry about the item being sold out. They were allowed to collect that item later on in the store.

Emerging store types – Emerging stores have become much more popular recently. There are two main types of “emerging stores”. They are Shopping villages and teleshopping. Teleshopping will try and sell products through TV. They will be playing live and promoting a product with a sale price. Shopping villages will be a collection of stores closely together. A very well-known shopping village in England is Bicester village.

Hybrid stores – Hybrid stores is simply a store within a store. Some people may ask why a Costa coffee is placed within a Water stones store. Many people may want to read while having a nice coffee or even just relax. Costa coffee is a very popular location to just chill out and relax. Some branches will have a costa in their store so people can buy a book and then read it in Costa is they want to. If customers are there to get a coffee they will have to walk through the store and may be attracted to certain books or products on their way. This can increase sales for water stones.
Classification of retailer – The retailers is classified by the types of stores. Below will be a table with the type of retail stores and the product strategy involved.

Type of Retail Store Product Strategy
Supermarkets Supermarkets sell many different types of products. They sell food, non-food, electrical, clothes, banking and even insurance. The sizes of the store can vary. An example is Tesco. They have many different types of stores such as Tesco extra, Tesco express, Tesco metro etc. These are different sizes of the store and will be located in appropriate places for example. A Tesco extra will be located in a very largely populated town with a bit of space whereas the Tesco express will be located on a high street for somewhere busy. The number of employees for supermarkets will always vary during different times of the year but during the summer it can see past 200 employees especially in Tesco. The delivery load on supermarkets will be extremely frequent. Waitrose have at least one delivery a day if not two. Tesco’s will have maybe 2-3 a day. This is excluding the Christmas period. The turnover for a supermarket will be the most out of multiple stores, independent stores and discount stores as they are the biggest and make the most sales. The Risks however can affect their overall sales such as Tesco’s banking and insurance business because Tesco is known for its food sales people may not want to go to them for banking as they will feel Tesco’s will not know much about the field of banking.
Multiple Stores Multiple stores have a range of products but slightly less of a wider range than supermarkets. Multiple stores tend to just have food and non-food. Multiple stores such as M&S will also...

Other Papers Like Describe the Structure and Organisation of the Retail Sector

Describe the Organization and Structure of the American Legal System by Defining the Different Roles of the Federal and State Governments, and Describe the Supremacy Clause and Explain What Happens...

573 words - 3 pages Instructions: Based on your reading of Chapter 2, answer the following questions with substantive responses: 1. Describe the organization and structure of the American legal system by defining the different roles of the federal and state governments; and 2. Describe the Supremacy Clause and explain what happens when there is a direct conflict between federal and state law. Structure of your assignment: When writing an assignment

Role Of Ict In Retail Sector

4908 words - 20 pages retail organization. The purpose of this paper is to address the critical role-play of Information Technology and IT enabled Services (ITeS) in Retail sector, which is booming in India, and a lime-light into security concerns and other important areas such as system integration, a right business intelligence (BI) solution, and technology for sales & customer care, etc.Large and medium retail houses need to look at an efficient integration with

Analysing Self and the Organisation

3322 words - 14 pages attendees are from the NHS or other Government bodies and many are reluctant to engage with Independent Sector Providers as they do not wish to be seen to endorse a commercial organisation. We need to be impartial and totally professional and have gone a long way towards achieving this. However, there have been difficulties in finding an effective and impartial minute taker. A new Marketing Assistant is now in place in the department who is ideal

Understanding the Purpose of an Organisation and Its Operating Environment

1153 words - 5 pages 3HRC Understanding the purpose of an organisation and its operating environment. 1.1 Describe the purpose and goals of an organisation Network Rail (NR) own and run the railway infrastructure; the tracks and equipment needed so that the people who do run the trains – Train Operating Companies (TOCs) / Freight Operating Companies (FOCs) – can keep their trains going. NR are responsible for maintaining the infrastructure, signaling, timetabling

Growth and Decline of the Industrial Sector in the Uk!

1293 words - 6 pages M2- Growth and Decline of the industrial sector in the UK! There are two ways that the growth and decline of industrial sectors is measured. One way that they measure it is by employment and the second way it is measured is by looking at the production and sales of goods which is then measured in the form of GDP (Gross Domestic Product- income from the total products made at home). To understand more about the growth and decline of the

The Travel And Tourism Sector

2717 words - 11 pages Contents Q 2.1 Explain the role of government, government sponsored bodies and international agencies on the travel and tourism sector 2 Role of the Government in Tourism 2 Role of the government bodies 4 Roles of International Agencies 5 United Nations (UN) 6 United Nations World Tourism Organization (UNWTO) 6 World Travel and Tourism Council (WTTC) 6  Driving the Agenda - raising awareness of travel and tourism industry as a revenue

Privatisation of the Insurance Sector

536 words - 3 pages Privatisation of the Insurance Sector Printer-friendly version Worker's Opposition Gaining Momentum Lakhs of insurance employees have been waging struggle over the past two months against the introduction of the Insurance privatisation bill in parliament. On December 1, a country-wide strike was observed. Earlier on November 29, massive rallies and dharnas were staged in Delhi as well as all the state capitals. On October 30th, 2 lakh

Social Structure And The Environment Of Disease

1315 words - 6 pages busy becoming all that we can be, disease has been doing the same. Disease evolves to our bodies like we evolve for the environment. To best see how the dynamics of disease is affected we must see how social structure has changed the environment for disease. One of the biggest changes in human history has been the transition from hunting and gathering to an agriculture-based system. This major paradigm shift meant that man began to live closer

Wordsearch Structure and Functions of the Brain

710 words - 3 pages University of Phoenix Material Structure and Functions of the Brain Word Search Highlight your answers in the word search below. X B L A L M D D W F L S C T P S N I O A E U G O A F P U W I R U S V A J W G O M T Z V F K D R A I T E P U E O V V H C Y R T G P B M H H Y E H M R H C P V O C G O Y C J C O R P U S C A L L O S U M I D C V T E T S U G V E N C Y P T M F A P A Y F K G R U U L H O N O R E Z H S O I L R Y V Z G E Q

Describe the Elements of Death

621 words - 3 pages Describe the elements of war and death in Stephen Crane’s The Red Badge of Courage. This book is divided into two parts. In the first part the main characters, Henry Flemings. illusions disappear when confronted by the reality of battle(WAH 642). During the first battle he sees vague figures before him, but they are driven away. In the next battle he is so frightened that he runs away becoming one of the first heroes in literature to

Describe and Evaluate the Multi-Store Model of Memory

928 words - 4 pages Describe and evaluate the multi-store model of memory The multi-store model of memory was proposed by Atkinson and Shiffrin in 1968.They said the memory is made up of the sensory Memory Store, the short-term memory store and the long-term memory store. A diagram of the model can be seen below: If we pay attention Rehearsal Lost via decay and Interference Long term Memory Sensory

Related Essays

Revolutionizing The Retail Sector Essay

1409 words - 6 pages In the effort to revolutionize the retail sector, DigiPoS faced a number computing problems when upgrading the system. According to Debra (2008), DigiPoS was led by the desire to meet customers’ need and maximize on their investments while maintaining its competitive advantage being a leading provider of strong POS software and other technologies. This could be achieved by ensuring that the system was upgraded to make sure that the organization

History And Structure Of The Travel And Tourism Sector

4624 words - 19 pages Contents |Lo 1. History And Structure Of The Travel And Tourism Sector |3 | |Lo1.1 Key Historical Developments In The Travel And Tourism Sector |3 | |1.2 Early Travel |3 | |1.3 The Egyptians

Buisness Structure And Organisation Essay

2005 words - 9 pages relevant to the topic/issue selected 5 References 6 Bibliography 7 WHY IS THE VW SCANDAL IMPORTANT TO BUSINESS PRACTITIONERS? The VW Scandal brings to light the issues with organizational structure, moral and ethical issues within large international companies, A BBC News report outlined business structure: “It's still unclear who knew what and when, although VW must have had a chain of management command that approved fitting cheating

P5 Describe The Influence Of Two Contrasting Economic Environments On Business Activities Within A Selected Organisation

3267 words - 14 pages P5- Describe the influence of two contrasting economic environments on business activities within a selected organisation In this task I would be talking about the influence of two economic environments on business activities. So this could be how Sainsbury’s in the UK operated during the recession and the boom period. The UK is in the growth economic environment and this means the country was before in the recession economic environment and