Best Practices In Retail

Essay specific features

 

Issue:

Business

 

Written by:

Sherri R

 

Date added:

May 17, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1136

 

Was viewed:

6046 times

 

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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...
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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...
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