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Create a 7 pages page paper that discusses the future of supermarkets in the uk market.
Create a 7 pages page paper that discusses the future of supermarkets in the uk market. The four supermarket chains in the UK - Tesco, Asda, Sainsbury’s and Morrisons . - are the proud retailers dominating the UK grocery market with a lion’s share in each. As competition is going tougher and stronger, supermarket retailers are focusing more on offering the optimum number of benefits to consumers including lower prices, improved quality, and choice while working harder on continued innovation in the market.
This paper briefly addresses the broad picture of the supermarket sector in the United Kingdom. It makes specific note of the strong competition of supermarkets and explains how the retailers handle the situation. Moreover, the greatest impact of supermarkets is on consumers. The paper also looks into the advantages/disadvantages of the supermarket boom upon the consumers of the United Kingdom. The impact of the rise of supermarkets definitely has positive as well as negative aspects. As the society in the UK is getting familiar with more advanced supermarket stores, it is important to go through all the relevant aspects and assess, in order to assure that consumers are indeed happy and satisfied shoppers and benefactors. Let's have a look into the larger supermarket scenario in the UK first.
The supermarket sector in the UK:
The United Kingdom has witnessed the rise of its supermarket sector in the 1990s. Over the course of the 20th century, the UK market has been mainly dominated by manufacturers resulted in the rise of supermarkets. The report also mentions that supermarkets captured a noticeable 30% share in the foodservice sector in 2004 while capturing three-quarters of the bread, milk, fruit and meat markets. According to the report of the Competition Commission, the growth of supermarkets has a significant impact on employment, viability, and stability of town centers, accessibility by low-income groups, and the emergence of food deserts. In this context, the names of the big players are worth mentionable.
