Introduction This report will comp atomic number 18 the performance of the top fivesome firms of my chosen industry, the UK Supermarket industry, on the al-Qaida of their rate of profitability, over the fulfilment of 2000-2008. The supermarket industry in the UK travel into the oligopoly market structure. This is because there are only a subaltern number of firms, e.g. Tesco, Sainsburys, Asda, etc, that control the absolute majority of the market part. Findings ? profitability Performance and market Share 2002-2008 In the UK, the supermarket and superstore market continues to grow. In 2002, retail sales of food through supermarkets and superstores reached an estimated £83.68bn, a ontogeny of 5.1% on the previous year.
( quinine water 2003) |The 5 leading(p) UK Supermarkets by Market Share by Value (%), 2001 | |Â |Â | |Tesco |28 | |Sainsburys |21 | |ASDA ! |12 | |Safeway |10 | |Somerfield |6 | (Source: Keynote 2003) As you bunghole see from the table above, in 2001 Tesco conduct the way in terms of the highest amount of market share for UK supermarkets with 28%. They were followed in 2nd place by Sainsburys who had 21% of the UK...If you fatality to get a full essay, give it on our website:
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