2. Explain the benefits to the Potential employee if M&S opens the new food store

Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter9: Price Takers And The Competitive Process
Section: Chapter Questions
Problem 15CQ
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2. Explain the benefits to the Potential employee if M&S opens the new food store.
Can everyone be happy?
MARKS &
SPENCER
Ashbourne is a small market town on the edge of the Peak District,
with a population of about 7,000 people. Cedar House Investments has
developed a small edge-of-town business park called Waterside Park. So
far Homebase, Halfords and Selecta Tyre have established themselves
there. In the autumn of 2008, Marks & Spencer applied for permission for
a change of use for one of the empty units, so that it can open a Marks
& Spencer Simply Food outlet. The proposal has been met with widely
differing views from various stakeholders. Many local shoppers welcome
the news as it increases the choice of shops, whereas some of the
independent local retailers, which include three butchers, a fishmonger, a
greengrocer, a delicatessen and several florists, have different views.
The business park is on land that once was home to a Nestlé factory
which was not very attractive. For more information on this go to
www.bbc.co.uk and use its search engine to find the article 'Changing
Ashbourne - the Nestlé factory site'.
SIMPLY
FOOD
B Marks & Spencer applied for permission to
open a Simply Food outlet at Waterside Park
Case study
Transcribed Image Text:Can everyone be happy? MARKS & SPENCER Ashbourne is a small market town on the edge of the Peak District, with a population of about 7,000 people. Cedar House Investments has developed a small edge-of-town business park called Waterside Park. So far Homebase, Halfords and Selecta Tyre have established themselves there. In the autumn of 2008, Marks & Spencer applied for permission for a change of use for one of the empty units, so that it can open a Marks & Spencer Simply Food outlet. The proposal has been met with widely differing views from various stakeholders. Many local shoppers welcome the news as it increases the choice of shops, whereas some of the independent local retailers, which include three butchers, a fishmonger, a greengrocer, a delicatessen and several florists, have different views. The business park is on land that once was home to a Nestlé factory which was not very attractive. For more information on this go to www.bbc.co.uk and use its search engine to find the article 'Changing Ashbourne - the Nestlé factory site'. SIMPLY FOOD B Marks & Spencer applied for permission to open a Simply Food outlet at Waterside Park Case study
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