Thursday, May 16, 2019

Retail Industry Essay Example | Topics and Well Written Essays - 3000 words

Retail Industry - Essay lessonTime and again Non profit organizations have raised issues against the big retailing giants especially Tesco and Asda. Find under news published in the various dailiesBody The allegations and accusations of various NGOs and papers on ethical and state-controlled issues against the retailers are a recurring occurrence aright from the early 1900s. The trade unions, Human rights activists, consumer protection right activists, organizations that safe guard the interests of small farmers and suppliers, and the small entrepreneurs organizations, are all in their own way trying to protect their interest by constantly seeking help from the media and the government regulatory bodies to support them in their cause. The goal for this paper as stated in the beginning is to identify, investigate and validate this lobbying and come to a consensus based on the findings.Let us go through a few statistics before we bring down deeper in the issue. The giants Tesco a nd Asda are always in the spot light on any of the allegations that comes from any respite some of the allegations are based on statistical data from various sources which is detailed belowAsda Wal-Mart offered a 10% pay rise 340 of its drivers and warehouse workers in Durham if they left the trade union GMB. Asda was after fined for these offerings as it was illegal inducements to its workers. Sharing the benefitTesco announced 2.5 billion in the year 2007 17.9 million was the thoroughgoing annual pay to the 16 board of directors in Tesco, one of the most expensive boards according to the Ecologist in May 2007.The Tesco chief received a 25% pay hike in 2006 taking his income to around 4 million. A Tesco employee with an average salary will have to work for 345 years to get that income. wear competition and the impact on independent retailersThese large retailing giants have simply rung the remainder bell for small and independent entrepreneurs and most importantly deprived cons umers of choices.During the 1960s independent retailers had a 60% grocery store share which in now reduced to 6%.Almost 2000 independent retailers close shop to each one year.7337 independent retailers shut down between the years 2000 and 2004.According to the High street Report 2015 - All parliamentary small shops group -By 2015 all independent and small convenience stores would have disappeared.The issues mentioned above are extremely particular and vital. Health, rights, choice and fair price for the goods sold (suppliers). Let us look at the

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