Introduction- Every little helps
The retail market in the UK is considered to be mature so it is unlikely to see large expansion like in the 1980s. Large retailers are likely to remain the dominant players while trying to increase their market share through mergers and acquisitions. Premium operators such as John Lewis, Waitrose and Marks & Spencer continue their strong trading performance. In June 2005 the retail industry employed 2.9 million people. This equates to 11%, of the total UK workforce. UK retail sales were approximately £260 billion in 2005 (ONS). The sector is expected to see the creation of 270,000 new jobs in the years leading up to 2012, with 31% of these at managerial/professional level .
Tesco is one of the largest food retailers in the world, operating around 2,700 stores.
The group operates through multiple store formats, including Extra, Superstore,
Metro, Express and hypermarkets. The company operates in the UK, other European
countries and Asia.
Its......
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Approximate Word Count: 2393
Approximate Pages: 10 (260 words per double-spaced page) |