Analysis of the Uk Grocery Retail Industry
Analysis of the Uk Grocery Retail Industry
Porters 5 forces on Tesco:
Porters five forces lookпїЅs into the external factors impacting on a company.
Competitive Rivalry:
TescoпїЅs has a very high competitive rivalry in many aspects of the market from some major competitors in the food retail Industry like Asda, Sainsbury, Morrison and Waitrose. They compete with one another through price, product and promotions periodically. TescoпїЅs expressпїЅ main rivals are the Sainsbury local and the Co-op one way in which they compete with TescoпїЅs is through distribution. These businesses have stores where TescoпїЅs has making it competitive to sustain its customers.
TescoпїЅs also compete with petroleum suppliers these include Shell, Esso, Bp and Texaco. They compete by using the same principles by having price wars and the introduction of special branded (high octane) fuels.
Power of Suppliers:
The power of suppliers is the suppliers demanding that retailers pay a certain price for their goods. This basically means that is the retailer does not pay the demanded price by the suppliers for the goods then