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Unit 32 P1 describe the size and structure of the food retailing sector-

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Introduction

P1-describe the size and structure of the food retailing sector- Task1- in this task I will be looking at the current structure and size of the UK food retail industry and writing a summary of the information that I find out, in more depth I will be looking at the different types of food retailers that are operating in the UK and including the size and scale that the businesses operate at. There are different types of outlets in the UK which specialize in selling foods and drinks where they offer the products alongside different services that each and every business specializes in, the major business that sell food and drink can be any business in each different market, in the fast food market businesses like McDonalds specialize in this area where as groceries like fruit and veg business like Tesco specialize in this, but businesses that sell foods like sandwiches and Panini?s business like subway?s specializes in this, so different business major in different part of the market where they offer a specific type of food and drink. There are different structures such as different elements to look at like the different types of outlets where the point from which the products ...read more.

Middle

Food retail sector- the food retail sector is one of the fastest going sectors in the UK where it is the food industry, the food retail sector is in every country where they at least every other business sells food related products, there is no actual figure of how big the food retail sector is but there are estimates, looking at only the UK grocery market there has been a total of £169.8bn and 74.1bn was from supermarkets including Tesco, Asda and Morrison, the figure are not exact but it shows that the food retail industry is huge in the UK, where every town has different corner shops, supermarkets, restaurants, fast food shops and bakeries that sell food related product to their customers, that is over 6,000 food and drink related businesses in the UK alone which comes to a whooping £80 billion pound turnover, which means the average household which consists of around five members spend around £240-£400 on food related products in only one month. Most of the food is manufactured in the UK but £12.6bn of food products are exported to the EU. ...read more.

Conclusion

ware house which requires their own workforce depending on the different stores their businesses have different sizes such as currently Tesco has the largest market share, where they have the more distributed superstore and ware houses, even looking at the grocery brands 91 brands where British born which required a lot more people to create/manufacture the products in the different factories but only 44 where left this means that the industries like the factories declined so less people were required, but with the new figures where in 2017 they are going to need a larger work force shows that they are expanding the food industry. Conclusion- the food industry is big where they sell different foods, some are nice and some are not but the businesses still make money because people have to eat food and drink a drink, they are different segments of the market that specific business target because some business sell just ready cooked meal like restraints so they target families and other similar audience who want to eat in a gathering, where as supermarket provides goods for people to cook home food goods, so different business target different segments of the market depending on what the business is. Page of ...read more.

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