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 rear of their rate of profitability, over the fulfilment of 2000-2008. The supermarket industry in the UK waterfall into the oligopoly market structure. This is because there are only a humbled number of firms, e.g. Tesco, Sainsburys, Asda, etc, that control the absolute majority of the market part. Findings ? favorableness Performance and food 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 produce 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 butt end 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 indigence to get a full essay, give it on our website:
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