UK Retail Sector Analysis Retail Economics publishes monthly UK retail Industry Reports specific to various retail sectors. Our reports are accessible through our subscription service or a one-off purchase.
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UK’s retail industry is mainly merged with Tesco, Asda, Sainbury’s and Morrisons controlling the sector. The group operate almost 1,900 stores in the UK and account for more than 30% of the market share.
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The Introduction To Retail Industry Management Essay CHAPTER 1. Customer’s demand are constantly changing and intensifying which induce the retail industry rose with highly competitive sector. In 2011 people were employed in retail trade nearly 4.8 million (Bureau of Labor Statistics (BLS), 2012).
But if one looks more carefully, the whole highly developed and profit producing industry lies behind this glitter. The fashion industry consists of four levels: the production of raw materials, principally textiles, leather and fur; the production of fashion goods by designers, manufacturers, contractors, and others; retail sales; and various forms of advertising and promotion.
According to the report, produced by international property consultancy King Sturge in association with Business in the Community, more than 3.2 million people work in retail which, following the slump in manufacturing jobs is now the UK's third largest industry behind business services and the health sector.
HOSPITALITY INDUSTRY. Thehospitality industryconsists of broad category of fields within the service industry that includeslodging,restaurants,event planning,theme parks,transportation,cruise line, and additional fields within the tourism industry. The hospitality industry is a several billion dollar industry that mostly depends on the availability of leisure time and disposable income.