Supermarket Essays (Examples)

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Supermarket Expansion Into Malaysia
A supermarket chain based in the United Kingdom is considering expansion to Malaysia. There are several factors to consider before the chain determines that expanding their stores to this market is an effective decision. The business environment of Malaysia is considered to help make this determination. To facilitate this discussion, a brief overview of the country is given. This is followed by a PESTEL Analysis, which reviews the country's political, economic, social, technological, environmental, and legal factors that may affect expansion.

Overview of Malaysia:

Malaysia's history is rife with political struggles. The country was under the control of Britain and Japan, prior to garnering their independence in 1957. The Federation of Malaysia was formerly founded in 1963, with Singapore, Sabah and Sarawak joining the federation. Two years later, Singapore seceded from the federation and became an independent country. It wasn't until 1981, and the election of Prime Minister Mahathir….

Fresh Foods Supermarkets:
Fresh Foods Supermarket is a chain of grocery store that was initiated about two decades ago in the Southeast of the United States. Since its inception, this chain of grocery stores has continued to grow forcing the firm to adapt new expansion strategies. The strategies have enabled Fresh Foods Supermarkets to open new stores in various areas including Maryland, New York, and New Jersey. While the company has been currently unable to reach the northern New England States, its management has decided to focus on the Southwest because of the population growth in this region. As part of its initiative to expand to Arizona, the company has asked the manager of its stores in Atlanta to relocate to this region. This has provided a new frontier for Fresh Foods Supermarket that seeks to include diversity initiatives into its corporate culture.

History, Corporate Structure, and Growth of Fresh Foods Supermarket:

The….

Human Behavior Observation: Supermarket Context
Human behavior is largely defined in the field of psychology as a result of the interaction of mental states and immediate social situations (Lewin, 1951, p.12). While the observation of human behavior has been conducted over the centuries in many different settings, the aspect of this observation that has had the tendency to alter how people interact with their surroundings and with one another in terms of their daily behavior is the knowledge that they are being studied. Much like anthropologist Jane Goodall studied the aspects of chimpanzee social and family life through viewing them in their naturalistic setting, so have psychologists taken on a more anthropological role in observing human behavior through the utilization of naturalistic observation.

In observing human behavior in the context of a supermarket for instance, psychologists and researchers have the capacity to garner a truly unfettered look at certain aspects of human….

The case of Superior Supermarkets demonstrates the need for retailers to evaluate whether low pricing strategy is indeed the right solution and approach to increase competitiveness in the trade and for consumers. For Superior, the option to use EDLP as a pricing strategy must include an assessment of the retail grocery chain's pricing strategy prior to launching the EDLP approach. This way, Superior can best identify if the EDLP is the best approach after assessing pricing for all grocery items/product categories (i.e., do most or only few of the items need further reduction to increase pricing competitiveness). In addition, it would also be wise for Hall to determine, from consumer research results, the different "dimensions" that consumers give to the determinant "price." It is possible that "price" for consumers is simply looking at the price per se, and it is also possible that other consumers evaluate prices differently, attaching….

ABC Supermarket PLC
Case Analysis

atio Analysis

The results of ABC Supermarket's financial performance are very different from the comments shared by the Chairman in the 2009 Annual report. Based on the evaluation below, the company's cash, profitability, and liquidity positions all weakened between 2006 and 2009. They also had an issue with managing inventory. However, the stock price increased successively over this period of time. This may have been a factor of raising more debt.

eturn on Capital Employed (OCE)

The eturn on Capital Employed ratio (OCE) tells us how much profit we earn from the investments the shareholders have made in their company. It is also the rate of return a business is making on the total capital employed in the business. Capital will include all sources of funding (shareholders funds + debt).

The single most important indicator of the inherent excellence of a business is the return on capital employed. There is a….

Econo Supermarkets
Business Overview

ECONO Supermarkets came in 1970, when Facundo Colon, owner of a small supermarket in Hato Rey of 5,000 square feet and Rafael Acosta Pastrana, owner of Oscar Grocery in Hato Rey decide to establish a business model that would allow it to compete effectively with the big chains of the moment; since then ECONO affiliate team is dedicated to working with a high level of commitment that has led them to become one of the leaders in the Food Industry Puerto Rico (Econo Supermarkets, N.d.). Today the business operates nearly sixty stores and has over a million square feet of store spaces as well as over five thousand employees. The company has even won several awards for their retail effectiveness (Caribbean Business, 1999). Their business model focuses on consolidation, efficiency, and customer relations. The stores sell a full range of grocery items as well as some household items.

Problem

Despite….

Operations Management
Alliance Supermarket Case Study

Point of sale (PoS) systems that is able to accurately track sales using universal product codes (UPC) has the potential to improve service and reduce costs. If the system was further adjusted, there would also be the potential to collect information on individual customers which would allow Alliance Supermarket to adopt some new, and potentially valuable, strategies.

Reducing Costs and Improving Service

he PoS system allows Alliance Supermarket to gather detailed information on sales patterns, looking not only at what level of goods are sold, but also when. his can be very useful for inventory control, as it may help the firm to gain information which may be used to better manage inventory, especially in terms of forecasting for future inventory needs.

Accurate forecasting may help to reduce the wastage in the supermarket, especially for perishable items, such as fresh fruit and vegetables, dairy goods, fish and meat. If….

people at Work
Supermarket

The supermarket employee is part of team; or rather part of larger machine in which every person has a specific role in the running of the store. The hierarchies of employees that make up the staff contingency within a supermarket include management, stock control clerks, shelf packers, cashiers, customer care officers, and store cleaners. The efficiency of a supermarket, as perceived by its customers, is dependent on the effective interaction between staff members to ensure that applicable tasks are carried out.

The supermarket employee most seen by the public is the employee who works at the register. Their day is a continual routine with one customer after another and then stolen moments of gossip and chatting between the onslaught of products to be rung up. They manage to maintain a sense of perspective throughout and the daily routines with a certain amount of enjoyment.

Occasionally an employee meets a….

Publix Supermarket
Since 1930, Publix has been focused on providing a wide variety of grocery related products to customers in: Florida, Georgia, Alabama and South Carolina. The main focus of their strategy has been to create neighborhood stores in these states to become a part of the community. This is when consumers will have greater amounts of loyalty to the firm. As they believe that every Publix location, is providing them with the best products at affordable prices. (Mujtaba, 2007, pp. 23 -- 32)

However, during the last several years is when the overall amounts of competition facing the company have increased exponentially. This is because firms such as: Wal Mart and many foreign-based supermarket chains have been entering markets that are dominated by Publix. In order to compete, the firm has been focusing on: providing customers with private label products, moving into specialty markets and offering competitive prices. This has helped….

British community, the rapid growth of supermarket has been a fact of life for more or less the last thirty years. This unchecked growth has been attributed to a variety of factors, including business enterprise coupled with laissez-faire planning and competition policies. Furthermore supermarkets have currently grown to affect every area of British life. Economic, social, environmental and cultural issues are for example under investigation when it comes to the possibly detrimental effects of large supermarkets on the British community. There are several problems that are then connected with rapid supermarket growth. The awareness of theses is growing, as can be seen in a variety of news releases and the like. The community is beginning to recognize that, along with the many benefits brought about by supermarket chains, there are also several detriments. These include elements such as unrestrained growth and its deterrent effects on sustainable development. While supermarkets….

Reed Supermarkets is a high-end supermarket chain that has business operations in different states in the Midwestern region of the United States. The chain is well acknowledged and renowned for its quality and exceedingly observant consumer service. A consumer of Reed is to some extent older, richer and had a smaller family in comparison to the normal consumer. The average income of a shopper in Reed supermarkets is about 12% greater compared to the normal consumer. The Columbus market, which has the biggest market share, was comparatively steady; however Reed had experienced diffident share deteriorations in previous periods. Its market share has declined in the past number of years. Reed Supermarkets is facing fresh threats and worries to its position as a market leader amid the supermarkets in the region as well as from rivals such as dollar stores and the other stores that offer lower and attractive price points.
How….


III.1. Value innovation and Blue Ocean Strategy

The Blue Ocean Strategy was developed by Kim and Mauborgne (2005) and it's the result of long-term strategy study over 30 industries covering 120 years. The core idea of this theory is to create value for the firm and its buyers by taking the differentiation-cost trade-off to a different level. Successful firms may want to create "blue oceans," which represent the new/innovative solution in order to become more competitive, rather than compete in "red oceans', which stand for the existing market place (see table 1).

TABLE 1 - ED and BLUE OCEAN STATEGIES

ED OCEAN STATEGY

BLUE OCEAN STATEGY

Compete in existing market space

Create uncontested market space

Beat the competition

Make the competition irrelevant

Exploit existing demand

Create and capture new demand

Make the value-cost trade-off

Break the value-cost trade-off

Align the whole system of a firm's activities with its strategic choice of differentiation or low cost

Align the whole system of a firm's activities in….

Carrefour Supermarket
PAGES 9 WORDS 2540

Carrefour Supermarket
Company Background

Standard Costing

ABC Costing

Differences in ABC vs. Absorption

The Carrefour Group is one of the world leaders in retail industry and through over fifty years of dedicated efforts, is now the largest retailer in Europe and second largest in world. A literature review was conducted to see how an ABC costing method could potentially benefit this retail giant. It was found that the ABC method would be more accurate than the other costing methods and therefore provide a better representation of the retailer's actual costs. Furthermore, this costing system is also more in line with strategic goals and a focus on quality because it adds value through the managerial accounting perspective. Managers would be able to have better metrics to make key strategy decisions regarding costs as well as quality and could therefore create a better internal retail environment. This analysis will consider the advantages to ABC costing as well….

UK Supermarket Wars
PAGES 6 WORDS 1913

Marketing
ecently in the UK, there have been price wars in both the supermarket and mobile phone industries. These price war are a natural part of competition in a market economy, and the behaviour of these firms can be understood using microeconomic principles. This paper will examine both the supermarket and mobile phone wars using microeconomic models in order to demonstrate how these basic economic principles are applied in the real world.

Competition

While there are many types of competition in microeconomic models, most industries in market economies operate under the condition of monopolistic competition. This condition is where firms have many competitors, and each competitor seeks to differentiate itself in some way from the other competitors (Economics Online, 2014). In the supermarket industry, companies require fairly broad target markets in order to generate the revenue they require to survive. Thus, we see for example that Waitrose will tend towards higher-end products and….

Publix Supermarket
Many small, as well as medium-sized companies have faced challenges contending with Wal-Mart because of their low prices, one shopping structure and long opening hours associated with the Wal-Mart. Publix Super Markets is an exception, which recently opened another store to the public. It has a market share totaling to more than 40% in Florida and evidently, Publix supermarkets have taken over from popular supermarkets such as Wal-Mart and other established chain stores as they continue with their expansion into more states such as Alabama, Tennessee, South Carolina and Georgia among others.

Retail analysts commonly associate Publix's treatment of employees, high quality customer service and capacity to tailor commodities to different customer groups as demanded by the market forces to be the main factors that have continued to enhance the supermarket's productivity and market dominance. Publix rankings tops in customer satisfaction and they have a solid reputation on customer service.….

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8 Pages
Essay

History - Asian

Supermarket Expansion Into Malaysia a Supermarket Chain

Words: 2514
Length: 8 Pages
Type: Essay

Supermarket Expansion Into Malaysia A supermarket chain based in the United Kingdom is considering expansion to Malaysia. There are several factors to consider before the chain determines that expanding their…

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3 Pages
Case Study

Business

Fresh Foods Supermarkets Fresh Foods Supermarket Is

Words: 956
Length: 3 Pages
Type: Case Study

Fresh Foods Supermarkets: Fresh Foods Supermarket is a chain of grocery store that was initiated about two decades ago in the Southeast of the United States. Since its inception, this…

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5 Pages
Term Paper

Business

Conduct an Observation of Human Social Behavior in a Public Place Supermarket

Words: 2408
Length: 5 Pages
Type: Term Paper

Human Behavior Observation: Supermarket Context Human behavior is largely defined in the field of psychology as a result of the interaction of mental states and immediate social situations (Lewin, 1951,…

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3 Pages
Essay

Business - Advertising

Superior Supermarkets- Edlp of the

Words: 944
Length: 3 Pages
Type: Essay

The case of Superior Supermarkets demonstrates the need for retailers to evaluate whether low pricing strategy is indeed the right solution and approach to increase competitiveness in the…

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6 Pages
Case Study

Economics

ABC Supermarket PLC Case Analysis Ratio Analysis

Words: 2588
Length: 6 Pages
Type: Case Study

ABC Supermarket PLC Case Analysis atio Analysis The results of ABC Supermarket's financial performance are very different from the comments shared by the Chairman in the 2009 Annual report. Based on the…

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1 Pages
Essay

Business

Econo Supermarkets Business Overview Econo Supermarkets Came

Words: 378
Length: 1 Pages
Type: Essay

Econo Supermarkets Business Overview ECONO Supermarkets came in 1970, when Facundo Colon, owner of a small supermarket in Hato Rey of 5,000 square feet and Rafael Acosta Pastrana, owner of Oscar…

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2 Pages
Term Paper

Business - Advertising

Operations Management Alliance Supermarket Case Study Point

Words: 580
Length: 2 Pages
Type: Term Paper

Operations Management Alliance Supermarket Case Study Point of sale (PoS) systems that is able to accurately track sales using universal product codes (UPC) has the potential to improve service and reduce…

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4 Pages
Term Paper

Agriculture

People at Work Supermarket the Supermarket Employee

Words: 1352
Length: 4 Pages
Type: Term Paper

people at Work Supermarket The supermarket employee is part of team; or rather part of larger machine in which every person has a specific role in the running of the…

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6 Pages
Essay

Business

Publix Supermarket Since 1930 Publix Has Been

Words: 1830
Length: 6 Pages
Type: Essay

Publix Supermarket Since 1930, Publix has been focused on providing a wide variety of grocery related products to customers in: Florida, Georgia, Alabama and South Carolina. The main focus of…

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2 Pages
Term Paper

Business

Argue Against the Growing Number of Supermarkets and How They Are Linked to Community Breakdown

Words: 646
Length: 2 Pages
Type: Term Paper

British community, the rapid growth of supermarket has been a fact of life for more or less the last thirty years. This unchecked growth has been attributed to…

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5 Pages
Essay

Sports - College

Analysis of Reed Supermarket Case

Words: 1518
Length: 5 Pages
Type: Essay

Reed Supermarkets is a high-end supermarket chain that has business operations in different states in the Midwestern region of the United States. The chain is well acknowledged and renowned…

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10 Pages
Term Paper

Business

Morrison Supermarket PLC Morrison's Overview

Words: 2881
Length: 10 Pages
Type: Term Paper

III.1. Value innovation and Blue Ocean Strategy The Blue Ocean Strategy was developed by Kim and Mauborgne (2005) and it's the result of long-term strategy study over 30 industries covering…

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9 Pages
Research Paper

Business

Carrefour Supermarket

Words: 2540
Length: 9 Pages
Type: Research Paper

Carrefour Supermarket Company Background Standard Costing ABC Costing Differences in ABC vs. Absorption The Carrefour Group is one of the world leaders in retail industry and through over fifty years of dedicated efforts, is…

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6 Pages
Essay

Economics

UK Supermarket Wars

Words: 1913
Length: 6 Pages
Type: Essay

Marketing ecently in the UK, there have been price wars in both the supermarket and mobile phone industries. These price war are a natural part of competition in a market…

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image
2 Pages
Case Study

Business

Managing High Productivity Publix Super Markets

Words: 629
Length: 2 Pages
Type: Case Study

Publix Supermarket Many small, as well as medium-sized companies have faced challenges contending with Wal-Mart because of their low prices, one shopping structure and long opening hours associated with the…

Read Full Paper  ❯