Retailing Industry

The article “An assessment of operational efficiencies in the UK retail sector” written by Wantao Yu, Ramakrishnan Ramanathan published in 2008 rewviews the UK retail industry . The UK retail market is set to increase in size by 15% over the next five years, taking its value to just over £312bn(www.brc.org.uk). However this represents a slowing down of annual growth and with operating costs and the cost of credit set to rise, the retail sector faces challenging times. Companies who cannot compete against shrinking margins will suffer. The electrical sector is currently the best performer, with a predicted growth ...