Online Shopping in Developing Countries

Posted on April 24, 2013 by bermanevansretail
Online shopping is growing everywhere around the world, including developing markets.
Recently Jana, a research firm specializing in mobile media, conducted a survey of online shopping by mobile phone users in five developing countries: India, Kenya, Nigeria, Philippines, and  South Africa.
For some of Jana’s findings, look at the chart and click on it to read more.


 

Posted in Global Retailing, Online Retailing, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer | Tagged , , , , , , , , , , , , | Leave a comment

Food Retailing in Latin America

Posted on April 23, 2013 by bermanevansretail
In Latin America, consumers have a distinctive shopping pattern for food items.
According to a recent study by Nielsen: Latin America has “a bounty of fresh food options for consumers, fueling frequent shopping trips for everything from tantalizing fruits to tasty baked goods. Latin Americans shop for fresh foods an average of three times per week, but make four trips a week for bread and bakery products according to new findings from the Nielsen Global Survey of Fresh Foods, (which surveyed more than 29,000 respondents with Internet access from 58 countries). Traditional, small self-service mom and pop stores are most common throughout the region, but supermarkets are popular destinations for fresh food. Roughly one-third of respondents shop for their fresh foods at specialty retailers such as butchers, bakeries, and open market fruit and vegetable shops.”
Click on the infographic to learn more from Nielsen.

Posted in Global Retailing, Part 1: Overview/Planning, Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing | Tagged , , , , , , , , , , , , | Leave a comment

Tesco Exits the United States

Posted on April 22, 2013 by bermanevansretail
British firm Tesco is one of the largest and most popular retailers in the world. Nonetheless, after a much publicized, highly anticipated, and rather recent entry into the United States marketplace, Tesco has decided to leave the U.S.
As reported by James Davey and Kate Holton for Reuters: “Britain’s biggest retailer, Tesco, wrote down the value of its global operations by $3.5 billion and announced plans to exit the United States, as it tries to rebuild after a year when profit fell for the first time in two decades. The group – the world’s third biggest retailer after Wal-Mart and Carrefour and one of Britain’s most consistent performers until a profit warning in January 2012 – said on April 17 that abandoning its loss-making U.S. venture Fresh & Easy would mean restructuring and other one-off costs of 1 billion pounds ($1.5 billion).”
Fresh & Easy, Tesco’s U.S. chain, will continue to operate elsewhere.
Click the photo from Reuters to read more.

 

Posted in Global Retailing, Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 4: Store Location Planning, Part 6: Merchandise Management and Pricing, Part 8: Putting It All Together | Tagged , , , , , , , , , , | Leave a comment