Describe the Structure and Organisation of the Retail Sector

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Describe the structure and organisation of the retail sector What is retailing? Retailing is selling products or services to consumers/customers for their own use, Examples of retail stores are Primark, Next, River Island and Tesco. There are thousands and thousands of different retail stores across the country. Retailers are a vital part of the business world as they add value to products and services. The organisation – Retailing takes on many forms in the market. They are… - Types of retailers - Online and physical stores - Clicks and bricks - Emerging stores for example; Shopping villages, teleshopping and hybrid stores. There are many types of retailers. Some examples are as follow Type of Retailer Example…show more content…
An example is Tesco. They have many different types of stores such as Tesco extra, Tesco express, Tesco metro etc. These are different sizes of the store and will be located in appropriate places for example. A Tesco extra will be located in a very largely populated town with a bit of space whereas the Tesco express will be located on a high street for somewhere busy. The number of employees for supermarkets will always vary during different times of the year but during the summer it can see past 200 employees especially in Tesco. The delivery load on supermarkets will be extremely frequent. Waitrose have at least one delivery a day if not two. Tesco’s will have maybe 2-3 a day. This is excluding the Christmas period. The turnover for a supermarket will be the most out of multiple stores, independent stores and discount stores as they are the biggest and make the most sales. The Risks however can affect their overall sales such as Tesco’s banking and insurance business because Tesco is known for its food sales people may not want to go to them for banking as they will feel Tesco’s will not know much about the field of banking. Multiple Stores Multiple stores have a range of products but slightly less of a wider range than supermarkets. Multiple stores tend to just have food and non-food. Multiple stores such as M&S will also try to be located in large towns as they will want to attract as many customers as possible. Just like many supermarkets M&S will have
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