BUS113: Crafting Your Future: Retail Industry Research and Analysis

This report, created for the BUS113 module, provides a comprehensive analysis of the UK retail industry, with a specific focus on Tesco. It examines the industry's competitive landscape, including the impact of e-commerce and changing consumer behaviors. The report delves into recent trends, such as the rise of e-commerce and the adoption of machine learning, and discusses their implications for the future of the sector. It also explores career opportunities within the retail industry, highlighting the necessary skills for success. Furthermore, the assignment emphasizes the importance of creative and ethical management skills in the retail sector. The report includes a digital self-reflection section and concludes with a personal development plan, outlining goals and objectives for career advancement in the retail industry. This assignment is a great resource for students on Desklib.

BUS113: - Crafting Your Future:
Professional Practice and Research

Table of Contents
Introduction................................................................................................................................3
Research Essay...........................................................................................................................3
Background and context of the industry which being researched..........................................3
Industry’s competitive environment......................................................................................4
Changes and trends in that environment................................................................................5
Discuss and analysis...............................................................................................................6
Direction and opportunities to develop your career in specialised skillset and its place in
relation to opportunities.....................................................................................................6
Creative and ethical management skills are compulsory in the selected industry.............7
Digital showcase of self-reflection.............................................................................................8
Personal development plan........................................................................................................9
Personal Analysis...................................................................................................................9
Setting gaols.........................................................................................................................10
Personal Objectives..............................................................................................................12
Conclusion................................................................................................................................12
References................................................................................................................................14

Introduction
This assignment is helpful in understanding the need of the communication and drafting
the future at their individual level. Students are able to make skills in order to make
leadership, innovation and entrepreneurship for the growth of their own sake. With the help
of this a student must be able to work and manage their activities through different sources
and make sure to manage different activities in their chosen industry. The chosen field for
completing this assignment is Retail industry. As this is one of the most economic and
effective field for the growth of an individual (Cirocki and Farrell, 2019). The company
which are chosen here is Tesco. This is one of the largest company in UK and make effective
growth and opportunities in the growth of career. This assignment divided into three parts,
first one include the brief description of the company. Second is related to self-reflection and
third one is developing student’s own personal development plan for the growth of the
individual.
Research Essay
Background and context of the industry which being researched
Retail industry is one of the popular industry in the market of UK as it would be
related to high competitive market within the last 10 years. As per the changing nature and
trend of the customer the demand of the retail industry are highly related to the growth and
opportunities of the market. Most of the government policies in UK are needed to be
established and make sure to work and manage soft drinks, unhealthy products, which have
been facing struggle to directly pass to consumer (Davies, Curtin and Robson, 2017). Further
the rising awareness in the environment will be encouraging the need and demand of the
products which are related to veganism and vegetarianism products. All of these come with
the changing environment, policy and having certified products. All of these are highly
related to make impact on the retailing industry.
Due to the wave of Covid-19, many of the companies which are dealing in retail
industry are shifted their offline outlet to online and provide home delivery option to their
valuable customers. The change of the customer in purchasing their product detail are related
to antibacterial and toiletry products and many nutrients food products from the first
lockdown of the march 2020. ONS make a report and concluded that, most of the online
retailing industry are working as the proportion of total revenue in UK which has been
growing form 28% to 40% in November 2020 (Wosnitza and et.al., 2018). This industry are

employ more than 1,220,923 employee in their different organisation of UK. all of these are
helpful in choosing this industry as after seeing the outbreak of covd-19, it has been evaluated
that this industry are growing in the market and gain more and more revenue for the growth
of the market and earn more profit in the market.
Industry’s competitive environment
As per the view point of Burt, Spark and Teller., (2020); the retail industry are
growing and include all those companies who sell goods and service to their customer. There
are different type of retailer are available in the market of UK. While at the same time, it has
been regulated that many of the companies are facing competitive environment within their
industry sector (Retailing in the United Kingdom - a Synopsis, 2020). As in these days most
of the customer are changing their demand and being more selective for their choice and
products.
Figure 1,Retailing in the United Kingdom - a Synopsis, 2020
More change in the environment is highly related to the growth and opportunities in
making food retail industry and make concentration of sales, increasing e-commerce and
changing customer nature to work and manage effective and drastic change in the
environment. There are different competitive environment in this company. Most of the
customer are shifted to DIY products and make sustainable development as all of these are
highly related to make competitive environment which are essential for achieving effective
growth in market (Donelan, 2016). With the help of developing competitive analytics and the

retailer who are helpful in making growth in market due to advantages in market. There are
different organisation which are working in UK retail industry which are Tesco, Sainsbury,
Asda, Morrison and many more.
As these are help helpful in analysing and making awareness in the management of
the process and make sure to manage high competition and growth in the market. There are
very high competitive market are related to make sure for working in the best ability and
make them effective in the growth and market of the company to analysis their opportunities.
All of this research are highly related to outside factors like political, environmental, social
and legal sectors (Walton, 2018). All of these are related to make sure and make different
aspect of the retail industry and able to provide and make growth in the market to work and
manage their data and analysis in the effective way.
Changes and trends in that environment
As per the article of Shotwell, (2021); after the outbreak of covid-19, there are lots of
change are occur in the market of retail industry. There are lots of upside and downfall in the
retail industry of UK which are highly related to the new changes and trend in the
environment. Some of the major changes are explained below:
E-commerce system: After the outbreak of the covid-19 pandemic the E-commerce
system are highly related to the achievement and make effective growth in the market. Many
of the pandemic report, have been resulted to record the transactional system and make
closure in 2020. All of these are highly related to make effective and new employee’s must
have the basic knowledge of the companies and their e-commerce retinue growth in the
market (Trends to reshape the future of retail industry in 2021, 2021). It will be helpful for
the market to work and manage the growth of the companies while working in sales
executive opportunities through online access and post in the company.

Figure 2Trends to reshape the future of retail industry in 2021
Machine learning system: TO make the change as per the need and demand of the
customer is very helpful and essential to the management system. Data is very essential and
make demand of the forecasting technologies to make process. It has been using the tactic to
make leaning and machine learning for forecasting the demand of the customer and make
more accurate opportunities (Garson, Bourassa and Odgers, 2016). All of these change are
highly related to make high change in the broadcasts and make changes in the future growth
of the retail industry. This will be helpful in making growth in company like Tesco and make
more attractive customer in their profile.
Virtual Fitting rooms: All of the changes and its applicability are highly related to
make sure and work as per the management proves of the company. Virtual fitting room are
helpful in managing new trend and customer analysis for more innovative technologies in the
retail industry. This will be helpful for gaining more customer via online platform also, as
here customer use the old trend; try before you buy (Vetere and Stratton, 2016). This
platform is helpful for the company to work and manage the sources on the company to make
management for virtual fitting room that are effective and helpful in making development in
the company’s profile to manage their activity on the ethical form.
Discuss and analysis
Direction and opportunities to develop your career in specialised skillset and its place in
relation to opportunities
This is the industry which are mainly open for every one there are lots of department
which are needed by the end of 2030 to get more employees in the companies. This is
basically effective and make growth in the changing trend of the market. It has been related

to the effective growth and opportunities in the market trend for the development of the
profile and make effective achievement in the retail industry (Guler, Gannon, and Sicchio,
2016). There are different growth and opportunities in the market to make sure and analysis
as per the need of the market in sales, manager, store manager, visual director, human
resources, logistic department and marketing.
There are lots of skill that are needed to be needed and make relation to the
opportunities in the growth and development of the market. Company are needed those
people who are basically related to the achievement and growth in the market (Simões, 2020).
All are related to effective growth and demand of the customer to make time management in
problem solving, attention to problem solving growth and demand. All are related to
ineffective and unrealistic approach in the management system of the company. This has
been related to the management and essential process of the company to work and manage
effective sources within society to make and analysis on the growth of the market (Gupta and
Mago, 2018). The key skills and opportunity in the retail industry are very high and it will be
helpful for the individual to start their career and makes sure to work in the appropriate
manner and learn different things from the society and nature of customer relation. Further
the achievement in the market are helpful for the growth of the individual and make effective
and make opportunities in market and make effective future development in the growth of
market.
Creative and ethical management skills are compulsory in the selected industry
In the growth of the retail industry after the outbreak of covid-19, it has been related
to make effective creativity and make ethical management skills which are helpful in
managing compulsory in the retail industry for the growth of future. There are different skills
and creativity which are related to the management process of the company in a retail
industry. The need of the creativity are highly related to the growth and management of the
company to work and order to creativity and innovation for working effectively in managing
this pandemic and make success in the market (Helm, Kim and Van Riper, 202). There are
different skills which are related to the management of the activities in the retail industry. In
order to increase creativity and make management as per the growth of the development to
produce and make sure for the development of the company and make approaches in
management process of the company.

Creativity and management skills are helpful in the retail industry to work and manage
the resources as per the need and development of the growth and make sources in the
management process of the activities. In the retail industry customer are the major source of
the company and their main focus is on the customers. So it would be grateful for the
companies to work and manage the source and applicability’s in the source of achievement. It
could be related to make sure for the management process of the growth of company to work
and manage different security (Hildebrand, 2018). This could be related to make effective
growth in the management process within an organisation and make sure to develop the
management and technological changes in the growth and achievement in the company.
Digital showcase of self-reflection
From the above report and analysis of the market trend, it has been analysis by me that in
the retail market of UK it is very important to make sure for the growth and development of
the employee relating to their customer. After the attack of corona virus, many of the market,
are decline their growth rate and make sure to adopt the changes ability to work and manage
effective growth in the position. Retail market is the top leading company to work and
manage the basic activities to work and manage their resources on the achievement in basic
ability.
Before starting this project I assumed that the need of skills in retail market is not that
tough and anyone can join the outlet of the retail industry. After facing the recent trend,
opportunities and skills of the retail industry I come to that evaluation that people should
have different skills and knowledge which must be based on the chosen company and their
profile culture as per the record. When I was making secondary research and work on the
different factor and trend of the retail industry I come to know that this is the very deep and
large sector industry which actually cover major amount of sector and earn revenue in the
economy. In future, they become the top most companies to earn more revenue and make
collection of the data in an organised and disruptive way to analysis and promote the
efficiency in an organisation.
There are different problem I was found when I am doing this research on the basis of
major changes and growth in the perspective changes and work. I understand the basic things
which are needed to be understand by retail sector that:
 They should adopt and customer preference and sell the most selling products in their
store to earn more revenue.

 They should work on the latest technologies and try to work on the management
process of the company to work and manage the team in an organised way.
 It could be related to make sure for working and measuring success in the
achievement process to work and analysis on the market.
All of these process are related to the growth and achievement in the market and make
effective growth in the development process of the company. I am choosing my career path in
Tesco, and I would love to perform there as a market consultant and make effective
information to the company and make them as effective as applied growth and opportunity in
the market changes. To work there I would have to improve my skills and make more
effective knowledge as per the management process of the company. It would be related to
effective change and management of the company (Sammour and et.al., 2020). The kind and
nature which the company wanted is very helpful and effective for the growth of the
company and make more successful and effective profile which improve my career
opportunities and make sure to work effectively to sustain in market and make growth in
company. It will be able to work and manage the growth and effective opportunity to work
and manage in the successive planning and growth in market that could be related to effective
growth in the chosen retailing industry and selected company to work in future.
Personal development plan
With the help of development which are highly related to make sure and supported to
effective individual to work and reflect and make sure there are different learning,
performance and management for their own development. With the help of strength,
opportunities, aspiration and result (SOAR), PDP and Goals setting are helpful in managing
effective growth and development in managing growth in Tesco and make retail industry are
working in future. All of these are helpful for me to analysis my career goals, strength and
weakness that could be related to my reflection which are discussed in section 2 (Lotter, and
et.al., 2018). All of these activities are essential and highly related to the objectivity of the
business profile at consultancy.
Personal Analysis
Strength Opportunities
My biggest advantage or strength is
working hard and make all my best skills in
the work style.
My best opportunity is to open and expand
the growth in future through retail industry
and work as the consultant.

My background and knowledge of market
are the second most important strength for
the retail industry.
My punctuality, prioritization and
leadership abilities are helpful in managing
and achieving growth in the time line for the
company.
My competitive nature, team building and
accomplishing need in the market will be
helpful for the growth and achievement of
the company.
The need and demand of consultant position
are increasing due to the massive growth
and role of market and competitors.
Work in the starting of baby boomer in
marketing field and work till retirement are
able to make and expand the growth in
market.
With the help of possible funding and
growth in market, I can open my own
business of consultant and make effective
opportunities in the business of retail
industry.
Aspiration Results
I will expand my strength and make more
realistic approaches to work and manage the
future trend in the market.
I want to further improve my growth and
opportunities in the retail sector.
I will make my personal development
activities, make more effective changes in
my personality that would be helpful for
working in market (Pecora and et.al., 2018).
Trying to be a good person and manage the
team as per the guidance and culture of the
company.
I want to make more network and meet
different people of UK and if possible then I
would love to go another nation to expand
my company.
I will analysis my changes and make sure to
work down the all activities which are
related to effective growth and
opportunities.
I love to help other people and their growth
are eventually make a shine in my career
path too.
Happiness is everything, if what you do is
helpful and make love to complete the work
will make the success in the company
(Petermans and Kent, 2016).
My personal level of happiness can be
related to the success level and the positive
and negative impact on the others.
High level of experience and make growth
are related to the future growth and skills in
the consultant job profile in retail industry.
Setting gaols
What do I What do I have What support How will I Target date for

want to learn? to do? and resources
will I need?
measure my
success?
review of
results.
Improving
communication
skills
To make more
communication
through
colleagues and
other people in
society. Join
online classes
and make
systematic
approach via
online classes.
The main
resources I need
is motivational
videos, study
related books,
and having
more online
classes to
improve
communication
skills.
When I can
easily talk and
discuss the
things in public
places then I
will understand
my success.
It will take
nearly 6
months.
Improving my
personality
This skills is
helpful for
joining and
working
personality
development
course at online
platform and
make sure to
work and
manage the
activities as per
the learning
abilities.
With the help of
online classes
and videos this
skill can be
improved. It
would be
helpful for the
growth of the
personality and
make them
applicable in
society and
work to manage
effective
opportunities.
When my
surrounding
provide me a
positive attitude
through my
nature, skills
and attributes.
Then this will
be helpful for
working and
managing
effective nature.
It will take time
to one year.
Increase my
own network
To this I join
more and more
seminar, make
presentation
opportunities on
With the help of
social media I
can complete
this skill.
Further I can go
When more and
more people are
know me and I
have the ability
to handle all of
It will take 4-5
years.

behalf of my
company and
try to reach
more and more
customer.
and contact with
other people
who are helpful
for me to the
growth of
company and
make effective
growth in my
networking
skills.
them in a right
way. This will
be helpful for
the growth and
opportunities in
market and
make effective
network in the
society.
Personal Objectives
Short-term gaols (Within next six months)
To improve my communication skill by watching online video and communicate with
others within 6 months.
To improve the market knowledge by joining online crash course for 6 months.
To improve my health, join yoga session and improve energy within next 5 months.
Medium Term Goals (next 2 – 3 years)
To become a consultant manager in the retail industry within next 2 years.
To make high profile personality development plan which are related to growth and
achievement in within 1.5 years.
Long Term Goals (following 3 to 5 years)
To improve and make a strong network in the workplace and achieve all the possible
outcome for the growth of my personal development in next 3 years.
To improve leadership skills, to work and manage the team to more effective approach
within an organisation till 4 years.
Conclusion
From the above report it is concluded that there are different sources and management
process which are helpful in conducting future planning and make development process for
the students own sake and knowledge. It has been related to make sure and manage effective
sources on the growth of the company. With the help of perfect analysis of the market, it has

been related to make sure and manage effective sources on the development process in
management activities. With the help of self- reflection and personal development plan, it is
considered that different make opportunities and growth in the management process within an
organisation and make effective future growth.

References
Books and Journals
Cirocki, A. and Farrell, T.S., 2019. Professional development of secondary school EFL
teachers: Voices from Indonesia. System, 85, p.102111.
Davies, K., Curtin, M. and Robson, K., 2017. Impact of an international workplace learning
placement on personal and professional development. Australian occupational
therapy journal, 64(2), pp.121-128.
Donelan, H., 2016. Social media for professional development and networking opportunities
in academia. Journal of further and higher education, 40(5), pp.706-729.
Garson, K., Bourassa, E. and Odgers, T., 2016. Interculturalising the curriculum: Faculty
professional development. Intercultural Education, 27(5), pp.457-473.
Guler, S.D., Gannon, M. and Sicchio, K., 2016. Crafting wearables: Blending technology
with fashion. Apress.
Gupta, P. and Mago, V., 2018. Emerging trend in retail sector: 3D virtual reality
store. International Journal of Marketing and Technology, 8(11), pp.14-22.
Helm, S., Kim, S.H. and Van Riper, S., 2020. Navigating the ‘retail apocalypse’: a
framework of consumer evaluations of the new retail landscape. Journal of Retailing
and Consumer Services, 54.
Hildebrand, J., 2018. Bridging the gap: A training module in personal and professional
development. Routledge.
Lotter, C.R. and et.al., 2018. The impact of a practice-teaching professional development
model on teachers’ inquiry instruction and inquiry efficacy beliefs. International
Journal of Science and Mathematics Education, 16(2), pp.255-273.
Pecora, P.J. and et.al., 2018. The child welfare challenge: Policy, practice, and research.
Routledge.
Petermans, A. and Kent, A. eds., 2016. Retail design: theoretical perspectives. Taylor &
Francis.
Sammour, A. and et.al., 2020. Crafting the forever now: corporate heritage brand innovation
at John Lewis Partnership. Strategic Change, 29(1), pp.115-126.
Simões, I.F.M.D.B., 2020. Web 2.0 shaping the future of retail: the rise of social commerce
through instagram in the portuguese market (Doctoral dissertation).
Vetere, A. and Stratton, P. eds., 2016. Interacting selves: Systemic solutions for personal and
professional development in counselling and psychotherapy. Routledge.
Walton, J., 2018. Exploring reasons for employee turnover: a case study of the retail industry
in Atlanta, Georgia (Doctoral dissertation, Northcentral University).
Wosnitza, M. and et.al., 2018. Enhancing teacher resilience: From Self-Reflection to
professional development. In Resilience in Education (pp. 275-288). Springer,
Cham.
Online

Burt, S., Sparks, L. and Teller, C., (2020). Retailing in the United Kingdom - a Synopsis.
[Online]. Available through: https://link.springer.com/chapter/10.1007/978-3-8349-
8938-3_8. Last accessed on 11th May 2021.
Shotwell, L., (2021). Trends to reshape the future of retail industry in 2021. [Online].
Available through: < https://mobidev.biz/blog/7-technology-trends-to-change-retail-
industry>. Last accessed on 11th may 2021.