Subject category:
Economics, Politics and Business Environment
Published by:
IBS Case Development Center
Length: 5 pages
Data source: Published sources
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Abstract
The British retailing industry, at $443 billion a year, is the second largest in Europe and contributes 20% to the nation''s GDP. However, by the dawn of the new millennium, iconic department stores, which have defined the course of the industry in Britain for decades, were becoming takeover targets. They had become victims of their own successes and were encountered by a threefold competition from foreign speciality retailers, discounters and supermarkets entering all segments, right from mass merchandising to specialty retailing. This case triggers a discussion on the growth of the British retailing industry and the threat of the British traditional retailers from the new breed of retailing firms. A structured assignment ''205-030-4'' is available to accompany this case.
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Abstract
The British retailing industry, at $443 billion a year, is the second largest in Europe and contributes 20% to the nation''s GDP. However, by the dawn of the new millennium, iconic department stores, which have defined the course of the industry in Britain for decades, were becoming takeover targets. They had become victims of their own successes and were encountered by a threefold competition from foreign speciality retailers, discounters and supermarkets entering all segments, right from mass merchandising to specialty retailing. This case triggers a discussion on the growth of the British retailing industry and the threat of the British traditional retailers from the new breed of retailing firms. A structured assignment ''205-030-4'' is available to accompany this case.