Retail Management: Australia and China Market Analysis Report

This report provides a comparative analysis of retail management practices in Australia and China. It begins with an executive summary highlighting the structural differences between the two countries, focusing on the Point of Sale (POS) retailing system in Australia and the rising consumer power in China. The report examines market structure differences, potential size and profitability estimations, and the challenges faced by retailers in both nations, including the impact of the US-China trade war, over-competition, and regulatory issues in China, and high operational costs and global recession in Australia. Cultural considerations, such as language, gift-giving customs, individualism, and technological adoption, are also discussed. The report concludes with recommendations based on the findings and provides insights into the dynamic retail landscapes of Australia and China, highlighting the factors that influence success in these markets.