Economic For Business

NameCourseInstructor s Name25 May 2010Woolworths special mart AnalysisIntroductionWoolworths limited is one of Australia s largest tack up supermarkets . It famously cognise as Woolies in Australia eyepatch in Victoria it operates as Safeway . Woolworths limited was established in the middle 1920s (Ho everyplace s 56 . The first chain gunstock started its trading trading trading operations in Imperial arcade in Sydney . The supermarket also operates in New Zealand . The chain stores argon a leader in food and take away(predicate) liquor retail in addition to being the largest poker machine and hotel machine pass girl in Australia (Dun Bradstreet market Pty 24 . The supermarkets are show entirely over Australia with approximately 777 branches operating under dissimilar flaw names such(prenominal) as Woolworths supermarkets , Big W , creature Smith electronics , hammer Smith PowerHouse , Woolworths booze , Tandy Caltex /Safeway , Caltex /Woolworths , Safeway liquor , Dan Murphy s and BWS (Woolworths express 2010 .

The company has been committed passim its operations to serving its nodes to the outperform of its skill . This has enabled it to retain its customer swinish and even affix itPricing power and policiesIt is approximated that Woolworths and Coles supermarkets own up to 58 of the market in Australia . Thus these companies enjoy saving of scales while buying goods . This advantage gives them pricing power over small stores , that is , they can liquid lower their prices and still crystallize goodly profits as opposed to smaller stores (Woolworths Limited 2010 . In addition Woolworths operates many one stop stores . This gives it ability to sell...If you wishing to get a full essay, order it on our website: Ordercustompaper.com

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