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Comparative Analysis of Retailing in India and Australia

   

Added on  2023-06-05

15 Pages4286 Words373 Views
Running head: RETAILING IN INDIA AND AUSTRALIA
“Retailing in the Asian Pacific Region”
Name of the student:
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1RETAILING IN INDIA AND AUSTRALIA
Executive summary
The study conducts a comparative analysis of the Australian and Indian retail
sectors. The study finds a few of difference between the two countries in terms of
retailing trends. India is a growing country in regards to retailing sector whereas
Australia has a matured and organised retail sector. The study finds that the
Australian retailers are facing the challenge from e-commerce retailers. It is due to
the fact there is need to show an urgency towards the omnichannel retailing. The
retail sector in India does not have a favourable government policy for FDI. This is
the reason why global major retailers like Wal-Mart, Tesco and others are yet to
enter the Indian retailing industry.

2RETAILING IN INDIA AND AUSTRALIA
Table of Contents
1. Introduction............................................................................................................. 3
2. Differences in the structure of retail market in Australia and India..........................3
3. Estimation of potential size and profitability of retail industry in Australia and India6
4. Analysis of potential problems facing the retail industry..........................................7
5. Consideration of cultural aspects impacting retailing..............................................9
6. Conclusion and recommendations........................................................................10
Conclusion.............................................................................................................10
Recommendation.................................................................................................. 10
References................................................................................................................11

3RETAILING IN INDIA AND AUSTRALIA
1. Introduction
Retail industry has been one of the potential industries for both in developed
and in developing countries. This report covers a comparative discussion about the
kind of retailing being practiced in Australia and India. Comparison will be made
considering various factors such as structural differences of retailing sector in India
and Australia, size and profitability of the sector, potential problems for the industry
in both countries and impact of cultural aspects on the retail industry.
Formats of retailing industry is more or less the same; however, there are
evident differences in regards to trending changes. For example, the hyper market
concept in India is a booming sector whereas in Australia it is not. Some of the
popular and emerging names in hypermarkets in India are Big Bazaar, Lulu
Hypermarket, D-Mart and Metro Cash & Carry (Lavania and Dixit 2017). In Australia,
the story is different and hyper markets have flopped. These have a very minimal
presence in Australia with Costco being the only hyper market. Kaufland is planning
to come up with two hypermarkets in 2019 (Battilani, Balnave and Patmore 2015).
Both Australia and India differ to each other in respect to the format of shopping
being largely popular. In Australia, supermarket, discount and convenience stores
are the most loved formats of shopping (Price, Bailey and Pyman 2014). On the
other hand, department, hypermarket and supermarket stores are the most popular
choices in India.
The main purpose of this report is conduct a comparative study of retiling
format and trends in Australia and India.
2. Differences in the structure of retail market in Australia and India
This section of the study tries to identify the difference in structures which the
retail markets in India and Australia follow.
Australia
The basic difference between the different formats of stores is mainly in
regards to shopping spaces and number of products being stocked. Considering
supermarket stores, the structure of retail market in Australia can be understood.
Stores are generally made spacious to allow customers more space to roam around
and easily check their required products. The Australian retail industry is mainly

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