Impact of Corporate Concentration on Canadian Retail Economy
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This research analyzes the impact of corporate concentration on the retail economy of Reitman, a Canadian retail company. It also discusses the effects of understaffing, marketing strategies, and legal framework on the company's sales and profitability.
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Running head: INTERNATIONAL TRADE RESEARCH International Trade Research Name of the Student Name of the University Author note
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1INTERNATIONAL TRADE RESEARCH Daniel, C., & Hernandez, T. (2016, February). The Impact of Corporate Concentration on the Canadian Retail Economy. InGeography Research Forum(Vol. 28, pp. 8- 20). The author intends to highlight the retail economy of Reitman, which is a retail company in Canada. Major corporations and the foreign capitals are controlling this retail landscape recently. Reitmans Limited generally associates in the retail of women’s wearing clothing in Canada. It consist products like skirts, pants, shirts, dresses, sweaters, lingerie and other accessories. This clothing organization is based on growth, integrity and respect. The passionate individuals working in the organization exhibit the values of Reitman and the charitiessupported.Thishelpstheminmaintainingproperbusinessrelationships geographically. In this regard, the author was commissioned to analyze the corporate restructuring and the engaged locational imprints within the Canadian retail sector. The author has addressed the reorganization of the retail capital emerging from the continued process of globalization and growth in other retail outlets. The author thereafter focuses on the three aspects including the market concentration, emerging location strategies and economic profiles. The perspective of the author can be applied by stating that the dominance of the major corporation retails chains have been highlighted and it is therefore engaged with the degree of market concentration by the sectors. Thus, it can be stated that the author has produced evidence of the strategies of the growth employed by a number of leading retailers in Canada. It can therefore be concluded by stating that if a number of key areas for future research are recognized then it will be easier. Hence, there is an impact of corporate concentration on the retail economy of Reitman.
2INTERNATIONAL TRADE RESEARCH Mani,V.,Kesavan, S.,& Swaminathan,J. M.(2015). Estimatingthe impactof understaffingonsalesandprofitabilityinretailstores.Productionand Operations Management,24(2), 201-218. In this scenario, the author states that the Clothing retailer Reitmans Ltd. is observed to be a tough economy is basicallyleavingthe customerswith less disposable income for clothes that are formed according to the weather conditions. It therefore makes an impact on the sales and profitability in the retail sources of Canada. They made clothes based on the retail climate. The sales revenue for the quarter had ended in the month of July was down for a percent of 2.3 to $279.5 million as compared to an amount of $286 million per year. The clothing store of Reitman stated that it has a high fuel and there have been an increase in the levels of the customers personal debts. This refers to a scenario where less amount of money will be required for clothes as it will hurt the bottom line. There are quarterly same amount of sales as it acts as a key metric in the world of retail sales as it fell with 1.7 per cent. It has been observed that Reitmans have their stores in Canada. When there was the second quarter, it can be summarized b y stating that the company had opened 11 new stores in Canada and closed 18. There was a huge change in the data of sales of this department. Thereafter, all the retailers had believed in these scenarios and fixed the situation. However, there were disruptions in the process of delivery, which included the shipping and receiving process.
3INTERNATIONAL TRADE RESEARCH Musalem, A., Olivares, M., Borle, S., Che, H., Conlon, C. T., Girotra, K., ... & Zheng, F. (2017). A Review of Choice Modeling in the Marketing-Operations Management Interface. In this article, the author intends to define the perspective roles of marketing and the operations management in managing the position of Reitman in the retail market. It takes the opportunity for considering the implications of the developments for the operations interface. For effectiveness, the management must advertise the products of the Reitman all across Canada for increasing the sales rate and growth. It can be said that competitive advantage and values are considered to be compatible. It can therefore be determined by recognized the merits that generally offer the retailers an opportunity to raise the attractiveness of their products in the market. The process thereafterstartswiththecustomerswhopurchasetheproductsfromReitman. Therefore, the choice of modeling in the marketing operations management interface helps in deciding the production of Reitman. However, the value strategy of Reitman involves recognizing, producing and delivering the total combination of the non-price and price related merits the consumer is bound to take. Thus, the analysis can be applied in this scenario of maintaining the marketing management of the available products of Reitman. Contributions were made for the increase in sales of the production of the retail company of Canada. The demand and supply of the products depend on the marketing strategies of the company.
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4INTERNATIONAL TRADE RESEARCH Goldsman, D., de Almeida Costa, M., Goldsman, P., & Wilson, J. R. (2017, December). History of the winter simulation conference: Overview and notable facts and figures. InSimulation Conference (WSC), 2017 Winter(pp. 16-39). IEEE. The author in this scenario highlights the fact that Reitman is a Canadian retailing company that specializes in women clothing. This company achieved immediate success among all the retail stores in situated in Canada. Five operating chains exist for focusing on all the various market segments. However, based on the products and their collection of clothes, a conference was held in the year of 2017. The summary of this article was that the conference helped in launching a collection of their winter wear for the all the citizens across the globe especially United States. The Winter Simulation Conference was set up for creating an interaction between all the retail sectors of the country. The interesting figures and facts have gained the insights into the dynamics of the conference. The data have been gathered for the benefit of the company. They have existing collections depending on the type of the weather based on which the collections will be launched. Thereafter, the purpose of the meeting was to make the public or the individuals aware of apparels that can be purchased for wearing it in the winter season. Thus, the notable authors have majorly focused on these spheres. Demchenko,O.(2017).Bitcoin:LegalDefinitionandItsPlaceinLegal Framework. This article discusses and evaluates the role of Bitcoin and the role of it in the economic activity related to Reitman stores. It can be evaluated from this research that it had an effect on the company of Reitman. It therefore, reflects the modern views of the individuals who are a part of the organization of Reitman. The concept of Biotcoin
5INTERNATIONAL TRADE RESEARCH had an effect on the production sale of the Reitman Company. It can be said that Bitcoin had played a major role in the business activity. The author in this scenario stated that Bitcoin had significance in the entire legal framework in the dealing process of Reitman. Being a company of apparels and clothing material, Reitman had the power to get the financial security for all its products and for the benefit for its consumers.Therefore,theauthorappliedtheevaluationandunderlinedthe importance of amendments acceptance as it is based on the definition for prohibiting the process of money laundering and provide customer protection procedures. The prices of the products of this company are hence mentioned before hand and all the consumers are aware of it. They have experienced profit as well from its consumers.
6INTERNATIONAL TRADE RESEARCH References: Daniel, C., & Hernandez, T. (2016, February). The Impact of Corporate Concentration on the Canadian Retail Economy. InGeography Research Forum(Vol. 28, pp. 8-20). Demchenko, O. (2017). Bitcoin: Legal Definition and Its Place in Legal Framework. Goldsman, D., de Almeida Costa, M., Goldsman, P., & Wilson, J. R. (2017, December). History of the winter simulation conference: Overview and notable facts and figures. InSimulation Conference (WSC), 2017 Winter(pp. 16-39). IEEE. Mani, V., Kesavan, S., & Swaminathan, J. M. (2015). Estimating the impact of understaffing onsalesandprofitabilityinretailstores.ProductionandOperations Management,24(2), 201-218. Musalem, A., Olivares, M., Borle, S., Che, H., Conlon, C. T., Girotra, K., ... & Zheng, F. (2017). A Review of Choice Modeling in the Marketing-Operations Management Interface.