Article Abstract:
Globalization has affected the retail industry and this is reflects in a number of bids such as Wal-Mart's bid to acquire Asda. Ahold from the Netherlands has acquired supermarkets in Poland. Carrefour has set up stores in the Czech Republic, Indonesia, Colombia and Chile, and plans expansion into Japan. Promodes from France has moved into a leading position in Argentina. Opportunities shrink as this trend continues, but there are obstacles such as cultural differences between markets.
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Article Abstract:
New shopping malls, the relaxation of planning rules, and changing consumer tastes are threatening city centers in Britain. City councils can bring back consumers through diversification or by building parking lots and other attractions.
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Article Abstract:
Problems facing British retailers include increased competition and more discriminating consumers.
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