Thursday, May 21, 2020

The Grocery And Supermarket Chain Essay - 1643 Words

More and more modern customers are used to shop online nowadays and they have the increasingly interest to deal with all aspects of daily life through clicking keyboard. Even the traditional industries like grocery stores and drugstores have extended their business channels into the internet in order to meet more customers’ needs (Geunes 2004, p.218). The grocery and supermarket industry develops quite fast in the UK for the past few decades. There are more than 86,000 grocery physical stores operate in the UK now that range form supermarket chains to superstores, convenience stores and traditional retailing stores. Different supermarkets are concentrate on particular market segments in the UK. For instance, Tesco is the most famous British supermarket chain that focuses on middle level markets. Waitrose is a typical high-end grocer, providing high quality products, ASAD focuses on discount grocery, and Spar is a typical 24hr convenience store. Shopping with various supermarke ts have become an indispensable part of British people’s daily life nowadays (Agriculture and Agri-Food Canada, 2016). According to Office for National Statistics (ONS) (2016), the average weekly grocery and supermarket sales has reached 2.8 billion pounds in March 2016. The development of British grocery and supermarkets industry has had a vital effect in the national economy. The UK is a developed country; it opens telecommunications market as early as 1980s which contributes to the high internetShow MoreRelatedAn Executive Summary for Woolworths a Major Supermarket Grocery Store Chain in Australia2120 Words   |  9 PagesExecutive summary: Woolworths is the major supermarket grocery store chain in Australia, owned by Woolworths Limited. Woolworths is an incorporated public company, listed on the Australian stock exchange. 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