Current Trends in Retail Industry

Inquiry Project

Table of Contents
Contents
INTRODUCTION...........................................................................................................................1
CURRENT TRENDS IN RETAIL INDUSTRY.............................................................................1
Retail industry trends which well-known research................................................................1
ANALYSIS OF THREE MOBILE NETWORK............................................................................3
Background of the company...................................................................................................3
Method of Primary research...................................................................................................3
Analysis..................................................................................................................................3
Covered in Appendix 1...........................................................................................................3
RECOMMENDATION...................................................................................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
APPENDIX 1...................................................................................................................................7

INTRODUCTION
The retailing industry is the one that has dealt with the large number of products and
services and with that provided by the wholesalers and supplied to the customers in order to gain
the maximum profit by gaining more number of sales. It is the business that will perform their
business in between the wholesalers and the customers. They have act as the mediator and
provides the relative information about the different product and services that are in demand
from the customers by which the need of the market will get satisfied. Retailing industries have
provided the balance in between the different aggressive marketing and ensure that the need of
the customer will always get prioritised (Aivazidou, 2019). This report is based on THREE
MOBILE NETWORK that is Hutchison 3G UK limited and it is the British telecommunication
and the internet service provider company and they operate their business under the three brand.
It is the company that is established in the year 2003 and the first commercial network service
provider and provides the 3G, 4G and 5G network within their infrastructure. This report
includes the different trends of the retailing industry with the support of secondary research data.
The questionnaire will get prepared to gather the primary data with recommendation.
CURRENT TRENDS IN RETAIL INDUSTRY
Retail industry trends which well-known research.
The retail industries has provided the services on a larger scale and also make available
the lot of opportunity and the creation to the different parties that are interested to get enter into
the market in order to gain the profit. The retailing industry of the UK is facing some more
challenges due do the different fluctuation that is generated after the Brexit and the pandemic
attack of Caronavirus that is also known as COVID-19 (Annamalai, 2018). The economic
growth of UK will get affected after the Brexit but the economy of all the countries will get
affected by the COVID-19 that will have the larger impact on the people and have the negative
collision of the stability. All the industry and their business will get affected as they have to be in
the home and maintain the social distancing thus it is very hard to get manage the different
adverse impact of COVID-19. The retailing industry business has also been affected a lot but in
that they have some favourable outcomes as well by which they have make the effective supply
of the needed products to the customers by which they have better sustainability. There are some
trends that get affect the retaining industry of UK and are as defined below as:
1