Contemporary Issues Affecting the Electrical Goods Sector of the Retail Industry
B122 – EMA | Contemporary issues affecting the Electrical Goods sector of the Retail Industry |
Contents
The Retail Category – (Part 1, a.)
Issues affecting the Retail Industry – (Part 1, b.)
The economic crisis and the impact on the Electrical Goods sector – (Part 2)
Sustainability and the impact on the Electrical Goods sector – (Part 2)
The rise of the Internet and the impact on the Electrical Goods sector – (Part 2)
Critical analysis and recommendations for retailers in the Electrical Goods sector
* The Retail Category
The Retail Category I have chosen is ‘Electrical Goods’. This category consists of retailers who specialise in: Computer hardware; computer software; white goods; brown goods and audio-visual. I have chosen this category as I have previous experience of working for Dixons Retail who owns the Currys and PC World store chains, as well as DSGi Business and pixmania.co.uk in the UK. I have a keen interest in computing and technology and visiting electrical goods retailers is a good way to keep up-to-date with new technology.
This particular category will make an interesting case category to help explore the module themes as electrical goods play a part in the everyday lives of almost everyone in the world due to the increased use of computers, smartphones and the Internet. The current global economic crisis has had a significant impact on electrical goods retailers so will make for interesting discussion, as will the growth of the Internet as a shopping medium and how it has impacted electrical goods retailing and retailers. Corporate Social Responsibility and the concept of a ‘green’ business model should also prove interesting when discussing the electrical goods sector. * * * * * * * * *
* Issues affecting the Retail Industry
Throughout this report, I will focus on three key issues affecting the Retail Industry and in particular how they affect the electrical goods
Contents
The Retail Category – (Part 1, a.)
Issues affecting the Retail Industry – (Part 1, b.)
The economic crisis and the impact on the Electrical Goods sector – (Part 2)
Sustainability and the impact on the Electrical Goods sector – (Part 2)
The rise of the Internet and the impact on the Electrical Goods sector – (Part 2)
Critical analysis and recommendations for retailers in the Electrical Goods sector
* The Retail Category
The Retail Category I have chosen is ‘Electrical Goods’. This category consists of retailers who specialise in: Computer hardware; computer software; white goods; brown goods and audio-visual. I have chosen this category as I have previous experience of working for Dixons Retail who owns the Currys and PC World store chains, as well as DSGi Business and pixmania.co.uk in the UK. I have a keen interest in computing and technology and visiting electrical goods retailers is a good way to keep up-to-date with new technology.
This particular category will make an interesting case category to help explore the module themes as electrical goods play a part in the everyday lives of almost everyone in the world due to the increased use of computers, smartphones and the Internet. The current global economic crisis has had a significant impact on electrical goods retailers so will make for interesting discussion, as will the growth of the Internet as a shopping medium and how it has impacted electrical goods retailing and retailers. Corporate Social Responsibility and the concept of a ‘green’ business model should also prove interesting when discussing the electrical goods sector. * * * * * * * * *
* Issues affecting the Retail Industry
Throughout this report, I will focus on three key issues affecting the Retail Industry and in particular how they affect the electrical goods
References: Ellis-Chadwick, F., (2012) ‘Session 2.4: Organisation of retail buying’, Retail marketing, Milton Keynes, The Open University. Ellis-Chadwick, F., (2012) ‘Session 3: Consumer behaviour, Retail planning and supply management, Milton Keynes, The Open University. Ellis-Chadwick, F., (2012) ‘Session 3: Understanding the retail environment (Part 1)’, What is retailing?, Milton Keynes, The Open University. Ellis-Chadwick, F., (2012) ‘Session 4: Understanding the retail environment (Part 2)’, What is retailing?, Milton Keynes, The Open University. Verdict, (2012) ‘UK Retail 2012 & Beyond’, Verdict in association with SAS, [online] http://www.sas.com/offices/europe/uk/downloads/press/sas-verdict-retail2012.pdf (accessed 5 March 2013) Von Stamm, Dr Bettina