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Industry anlysis of Retail Grocery Industry
Essay specific features
Written by:
Tommy M
Date added:
March 2, 2016
Level:
University
Grade:
A
No of pages / words:
5 / 1350
Was viewed:
4488 times
Rating of current essay:
Essay content:
This was caused by increased market saturation and slowing growth rates. Between 1995 and 1996 the growth rates were the lowest they had been in the past twenty years. The main reason for this was the vast number of grocery stores that had been built in growth stage and the emergence of new grocery retail formats such as warehouse clubs and dollar stores...
displayed 300 characters
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The main reason for this was the vast number of grocery stores that had been built in growth stage and the emergence of new grocery retail formats such as warehouse clubs and dollar stores. This increased competition forced firms to compete with each other for the same customers by lowering prices.
Enter WalMart...
displayed 300 characters
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