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The Retail Industry in the UK

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Added on  2020-06-05

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RETAIL THEORY INTRODUCTION 1 Retail industry 1 Company 1 MAIN BODY2 Relevant changes within UK fashion retail 2 Relevant changes with micro environmental 3 Strategies and tactics which used in the retail industry 5 Recommendations 6 CONCLUSION 7 REFERENCES 8 INTRODUCTION 1 Retail industry In the UK, there are several retail industry considertheir operations and functions to focus on the increasing economy of the country. Apart from this, they are also focusing on the fashion and market trend which continuously developed to attract several numbers of the

The Retail Industry in the UK

   Added on 2020-06-05

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RETAIL THEORY
The Retail Industry in the UK_1
Table of ContentsINTRODUCTION...........................................................................................................................1Retail industry.............................................................................................................................1Company.....................................................................................................................................1MAIN BODY...................................................................................................................................2Relevant changes within UK fashion retail.................................................................................2Relevant changes with micro environmental..............................................................................3Strategies and tactics which used in the retail industry...............................................................5Recommendations.......................................................................................................................6CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
The Retail Industry in the UK_2
The Retail Industry in the UK_3
INTRODUCTIONRetail industryIn the UK, there are several retail industry consider their operations and functions tofocus on the increasing economy of the country. They consider their operations and functions assupermarket to attract maximum number of people (Arnold, Landry and Reynolds, 2015). Forexample, Tesco, Sainsbury, Zara, Asda, etc. Apart from this, they are also focusing on thefashion and market trend which continuously developed to attract several numbers of thecustomers in the business. In this regard, mainly customers are attracted towards the latest trendand creativity which exist in the market to produce systematic work. Furthermore, innovationsand uniqueness also implemented to develop creativity and attain desired results as well.Therefore, significant advantages in the industry could be gain. This industry contribute majorpart in the country economy to develop effective results in it. It helps to focus on the differentopportunities that assists to influence the latest trends of the market. CompanyZara is a Spanish fast fashion retailer based enterprise in Arteixo, Spain, etc. Their storesconsidered for men and women clothing. They are majorly supplied products and services as perthe consumer trends. Therefore, it assists to look towards the responsive supply chain. Thecompany regularly considered innovations with new products in their stores. As results, it willassist to look towards the distribution centre in Spain. In addition to this, in the UK market, thereare different new items are stored, tagged and loaded into lorry. Hence, clothing delivered withresponsive supply chain ships. In every week, the chosen company considered their newoperations and functions with products. Hence, they design new product with finished goods inthe stores for existing items and development. It helps to increase competitive advantages to dealwith the functions and operations. Online shopping market also developed which assists to focuson the consequent outcomes and results. From 1963, the chosen business started their functions and operations to deal with someeffective results. It was started with small store which is known as Zorba and budget considermerge around 30 Euros. After this, name has been changed with Zara so that effectivenessdeveloped with more stores. The company considered many new functions and operations so thatthey are able to expand their operations and functions in US. Recently, the company also1
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