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Best Practices In Retail
Essay specific features
Written by:
Sherri R
Date added:
May 17, 2011
Level:
University
Grade:
A
No of pages / words:
5 / 1136
Was viewed:
6105 times
Rating of current essay:
Essay content:
Most companies establish stores near major urban areas with a potentially large client base. Wal-Mart's market dominance does give it extraordinary power to pressure suppliers to reduce their costs, a Wal-Mart Supercenter offers prices 14 percent lower than its rivals, according to a 2002 study by UBS Warburg...
displayed 300 characters
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Carrefour
Carrefour has been more successful in countries like China than the iconic WALMART because of the fact that they “sell in a Chinese way to Chinese consumers.” Carrefour was the innovative pioneer of the hypermarket concept. The company has a strategy of tying up with the local producers, to transport the goods directly to their local Carrefour stores, eliminating the warehouses in between and hence the cost advantage...
displayed 300 characters
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