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Words: 3,974 | Submitted: Mon May 26 2008
... changes a number of different factors will need to be taken in to account before implementing anything, for example pressures put on them not just by competitors but also by the government - introduction of new legislations, external influences like the impact on the environment and due to the size of them people in the media and pressure groups also put limits on them. (reference1) Retailers by knowing the changes will be able to survive but the most successful ones will be the ones which are able to manage and responding to these changes. Many retailers have succeeded at establishing themselves as part of the retailer industry for example the main supermarkets were Sainsbury and Tesco but now there are some many Asda, Morrisons, Safeway, Somerfield, Wal mart etc. The retailers which have established themselves in the markets have been trying over the last 5- 10 years to expand businesses ...
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