Retail Managemnt

2011 UNIVERSITY OF WESTMINSTER Retail Management [4MBS 662]04 April 2011 TAHIR ABU 11741828 MARIETA DEMINGER 11995986 WEN YI HUNG 11318961 POLLYNE MORESCHI 12099203 MARKER: Zena Lutrin Word Count: chump grocery store As far as specialist shoe retailers are concerned, here is a market being attacked on all fronts. Low barriers to entry have seen a rapid rise in competitors that outshine in terms of both(prenominal) price and styling. Consumers now expect to buy footwear thats readily available at low prices and being fashionable. consort to Mintel it has found that low priced place have now started to compromise the comfort of the shoe, and there has inevitably been a negative reaction by consumers, which of course means that they prefer quality everyplace quantity. This may lead to a route back into the market for new businesses.

The market leader in the footwear assiduity is Clarks along with shoe zone and Dune, there are non-specialists such(prenominal) as M&S and department stores who also plow footwear, but in recent years they have been losing customers due to stiff competition from companies such as JD sports, Sports direct, new look, Primark and lucre specialists, the main aspect of these companies is that they are able to strengthen their champion on the young market. Competition in the industry is self-colored; there are a number of established players in the shoe industry with established market positions, brands and reputations. For about cardinal thirds of the UK the most important thing they look for in any(prenominal) shoe would be the comfort feature. There is bias towards the time-honored consumers in this assembly as they are usually the group that seek the comfort aspect. Around a third of the passel find the most important aspect is the style of the shoe. garment lovers are a smaller proportion which makes up around 20%, but they are the most frequent buyers of shoes therefore retailers consider them the most important. Over a thread of all consumers only buy shoes to replace... If you want to operate a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper