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Friday, April 5, 2013

Shopping in a traditional retail store, Loblaws, versus a box store, Costco/Club Price

Costco vs. Loblaws

In this paper, I shall be providing my personal observations between shopping in a traditional retail store, Loblaws, versus that of a lash store, Costco/ auberge Price. During the last ten years, the overall nature of retailing has changed significantly. there atomic number 18 now an increased number of mass merchandisers such as Costco, who be changing the outlook of retailing at the expense of traditional grocery stores such as Loblaws. on that point are a number of reasons why a consumer would pick a specific retail store over the good selection of competitors out there on the market, those being; inventory, selection, variety, quality, set strategy, in store merchandising, promotions, advertisements, personal selling, customer servicings, credit and superfluous servings. Since the market is fierce, it is important for the retail stores to fully understand what are the specific needs of their customers. Due to the fact that there is a retail industry increase of large discount/box stores, indicates that the needs and values of consumers are changing.

If I examine the grammatical construction of the mass merchandiser Costco/Club Price, it is easy to state that their frame-up is targeted at for personal, family, household, and small business use. Essentially, their structure is similar to that of a warehouse outlet because of its cash and carry policy, discount prices and size.

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They are likewise able to carry brand name products at discount prices because of their large buying power, which allows them to purchase high volumes. They also are unique in the fact that their manufacturers provide their products on pallets therefore cutting down on shelving and restocking time for their employees. The service people from the manufacturing companies also go from store to store and service them as well as delivering their products directly to each outlet. Costco combines two wholesaling and...

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