Food Retail Industry Analysis

INTRODUCTION

Retailing is one of the most important in every Western European Country. Historically

 retailing has been viewed as the sale of goods to the consumer trough retail shops, but

retail today should be viewed as being rather broader. Theories of retail change

summarize forms of retail change, that involve three theories of retail change to explain,

1) natural selection in retailing, which is best adjust to their environment, are most likely

to survive. The major environmental factors affecting retailing are, a) Retail changes in

the consumer character, which is like population changes. b) Retail changes in

technology, e.g. use of motorcars. c) Retail changes in competition, e.g. changes in the

levels of competitive strength within the areas of influence. 2) The wheel of retailing

suggests that an efficient innovatory form of retailing enters the market and attracts the

public by its appeal. Growth and maturation occur during which market shares are

increased, but trading-up occurs and finally the firms become high cost, high price

retailers once again vulnerable to the next innovator. 3) General-specific-general cycle,

this is the tendency for retail business to become dominated by generalists, then

specialists and then generalists again. Theories of retail change will be shown in the

Grocery Retail Industry.

It is a fact that Grocery bring many convenient to people, and it is an important part in

retail industry. Grocery supplies a tremendous number of products to our everyday lives.

However, in the last twenty years, development and change of grocery have accompanied

by competition and requirement o ...
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