Retailing

3.1 The rise of electronic commerce Traditional retail shops and brick-and-mortar businesses globally have been hit hard with the rise of electronic commerce (or e-commerce). The high penetration of technology has increased consumers’ consumption on online platforms thus contributing to the rapid increase of e-commerce. Takashimaya, being a traditional retailer, should consider this trend as its weakness is high dependence on its domestic market, Japan. Furthermore, it also faces intense…

In perfect competition a market structure is described by numerous well-informed, independent sellers and buyers who trade equal products (Farnham, 2014). The City Farmer’s Market is a great example of perfect competition. Most Farmer’s Markets vend and price their products the same. Most farmer’s markets, like the City Market, advertise their business solely on the internet, but there are many signs downtown in Indianapolis advertising about it. The farmer’s markets have a great number of…

Costco Wholesale Corporation, which operates as a membership retailer, which specializes in selling quality products at low prices was founded in 1983 by James Senegal and Jeffery Brotman, with both having a background in retailing and established the first warehouse in Seattle, Washington. In 1993, there was a merge between Costco and Price club forming Price Costco causing a double in size in comparison with the parent company, and in 2007 the corporation became the seventh largest global…

The Camberwell Shopping precinct, which is centred on Burke, Camberwell and Riversdale roads in Camberwell, has offered stylish street shopping to customers for over 160 years (Boroondara, 2015). There are now over 400 businesses ranging from shopping and retail, to food and dining, as well as entertainment, professional services, fresh food markets, antique stores, major chain stores, an even elegant art deco Rivoli Cinema (Boroondara, 2015). The Boroondarah area was originally part of the…

Company 1 Background - Asia Brands Berhad Asia Brands business operation can be traced back to 1970 as a fabric and clothing manufacturer, and it has since expanded into retailing apparel, footwear and other accessories of its in-house brands as well as international labels through consignment outlets or its own retail stores. Asia Brands launched its in-house brands Antioni (sports-inspired fashion) and Bontton (casual wear) subsequently after the company moved to its new manufacturing facility…

diversified its product portfolio into food items to non-food items like furniture, electrical items, clothing and beauty products, petrol, home entertainment items and technology products etc. Moreover, it has diversified into retailing services businesses such as online retailing, banking, telecom and market research (DATAMONITOR: Tesco PLC, 2011). Furthermore, Tesco has…

The term transnational retailer is generally understood to mean all the activities involved in selling products and services to final international consumers for their personal consumption (Dicken, 2011). At the present time, the massive global economic growth and the change of the competitive market environment drive the retail foreign direct investment become one of the most important parts of the international economic activity in the world. This essay attempts to discuss the GDP and economic…

and Roux reveal 4 categories of shoppers, which are Regular shopper, thrifty critics, polymorphous enthusiasts and nostalgic hedonists. Furthermore, they evaluate the function of these shoppers’ motivations and its implication for designing and retailing strategies. Prior to their study, the authors explore the historical context of second-hand market. In short, they assert that second-hand consumption grew in France during the past 20 years. In this case, the idea of reselling, bartering,…

1. Title Luxury brands: the online retailing choice 2. Background • Luxury & E-commerce E-commerce’s outlook is promising in regards to the figures. Indeed, it represented 0.8% of the luxury market in 2005, to then reached 6% (€14 billion) nine years later. By 2025, it is forecasted that 18% of the luxury market (€70 billion) would come from e-commerce confirming the exponential growth of this retail channel. Moreover, only 1% of the worldwide e-commerce is related to the luxury market,…

Internet World Stats (2015) Internet usage worldwide exceeded 3.3 (Internet World Stats, 2015) This increasing number of users along with e-commerce revolution offers a great business opportunity for economic growth and development, especially in retailing business depending on online shopping. With time, users become more familiar with the internet, adopting it as a medium to shop online, which has become the 3rd most popular internet activity, (Sakarya & Soyer, 2013) following email using and…