Retail Management in Australia and Japan: A Comparative Analysis

Management
Retail management
Student’s name
9/22/2019

Retail management 1
Executive Summary
This report mainly highlights the retaining management of Australia and Japan which Australia
retailing system mainly comprises numerous departmental stores, mega malls, shops were
developed in very less time. Along with this, change in locality and technology generates a lot
more changes in the retailing system of Australia. In terms of structure, Australian retailing
system structure, it has a significant contribution to economic output of around $53 billion over
4% of GDP. Other than this, when we consider the japan retailing structure there are around
52,725 retailing stores. In terms of japan retailing system, JETRO, Japan is the world's second-
largest retail market with the sales value exceeding 1.3 billion (150 trillion yen). Moreover, japan
challenges highlight the low productivity performance, higher operational reasons for
productivity gaps, industry dynamics, certain external barriers to productivity growth are major
reasons for the lower productivity. In Australian concern, major issues in terms of the retail
industry highlight the lack of technological advances, which majorly affects the profitability as
well as productivity at large.

Retail management 2
Contents
Introduction......................................................................................................................................2
Background information on retailing system in Australia and Japan..........................................2
Section1...........................................................................................................................................3
Difference in structure of retail market in both countries............................................................3
Section 2..........................................................................................................................................4
Estimation of potential size and profitability of retail industry in both countries.......................4
Section 3..........................................................................................................................................6
Analysis of potential problems facing retailing industry in both countries.................................6
Section 4..........................................................................................................................................7
Consideration cultural aspects affecting retailing in both countries............................................7
Conclusion.......................................................................................................................................8
Recommendations............................................................................................................................9
References......................................................................................................................................10

Retail management 3
Introduction
When we talk about the retiling system of Australia, it mainly highlights information about the
discounted stores and the supermarkets, which mainly deals in various products, household
products, furniture, food, and novelty products. As such, products are inexpensive in nature are
offered at the discounted rates. In comparative to it, the japan-retaining system mainly highlights
that there is a detailed segmentation of international and local products; moreover, there are
historic numbers of stores and selling spaces and values with company names and brand market
shares. Other than this, it is also seen that japan retailing system also having a major impact over
the consumers' lifestyles, growth drivers in grocery retailing and lastly, there is an
implementation of the new digital technology (Evans, 2011)
Background information on the retailing system in Australia
and Japan
In terms of the Australia retailing system, they mainly carry colorful retail heritage. There are
numerous departmental stores, mega malls, shops were developed in very little time. As behind
the counters, the Australian retailing system has developed many newer customs and products in
the form of specialist shops. Along with this, change in locality and technology generates a lot
more changes in the retailing system of Australia.
Other than this, it is also seen those in earlier times, after the war, a lot more growth was
highlighted; there was an increase in purchasing power of the customers, which also helped
Australian retailing market to grow. Moreover, the change in the demographics and the market
size also has generated more chances as an opportunity for the enhancement of the Australian
retail market in the long run (Wrigley, & Lowe, 2014)
However, in terms of Japan retailing system, it is the second-largest retail market with more
value in comparison to Australia and the other countries. Their system is totally made entirely of
wholesalers and retailers. As japan, wholesalers have more influence than any other country has.
Other than this, it is also seen that the japan-retaining system has efficient and generates low-cost
delivery. Moreover, japan manufacturers or importers need to deal with few wholesalers to get