Remove Development Remove Ethics Remove Fixed Costs Remove Industry
article thumbnail

Why Tesco’s Strengths Are No Longer Good Enough

Harvard Business Review

UK retail, like the rest of the developed world, is witnessing a few big long-term trends. It provides consumers with a viable, lower cost alternative to the manufacturer branded products. Hard discounters aim for twice the volume with the same fixed costs so they can make the same returns at half the gross margin.

Retail 11