Employment laws: employees have to make sure that they are following the employability laws and employ the people who are entitled to work in I-J and providing them with the minimum wages as per the law. Economic: Price competition: A very important factor for the convenience stores in I-J the small chain stores such as Landis and Crosscurrent will have a increased competition within the industry from small and independent convenience stores.
Not only those they will also have a price competition with some discount stores such as Lid and laid Government tax and inflation rates: Convenience stores in the I-J have to accordingly plan their pricing strategies based on the inflation rates which are increasing every year.
Social: Lifestyle changes: delicate shopping patterns of UK consumers increase market competitiveness.
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In the I-J consumers do shop more than once a week, which makes hem spread their spending throughout the week to other convenience stores as well as the store they use for their main shopping. Health concerns: consumers have become more health consciousness and therefore avoid eating ready meals and opt to cook from scratch.
Technological: New developments: Not all convenience store have the facility of a self-service checkout but this has been a major technological development for the stores. Do you know that
It also enables consumers to shop quickly and avoid long queues on the tills. Mobile technology: new APS created to find the nearest convenience stores around you such as the app called around me Pestle:
Retailing and Convenience Stores By Johnny New developments : Not all convenience store nave the tactic toot a sell-service employability laws and employ the people who are entitled to work in UK and such as the app called around me Pestle analysis draft to cook trot scratch. Technological: such as the app called around me Pestle analysis draft Political:
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