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Pestle: Retailing and Convenience Stores

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Pestle analysis draft
Political:
Employment laws: employees have to make sure that they are following the employability laws and employ the people who are entitled to work in UK and providing them with the minimum wages as per the law. Economic:

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Price competition: A very important factor for the convenience stores in UK the small chain stores such as Londis and Crosscutter 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 Lidl and aldi Government tax and inflation rates: Convenience stores in the UK 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 competiveness. In the UK consumers do shop more than once a week, which makes them 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. It also enables consumers to shop quickly and avoid long queues on the tills. Mobile technology: new apps created to find the nearest convenience stores around you such as the app called around me

Pestle analysis draft
Political:
Employment laws: employees have to make sure that they are following the employability laws and employ the people who are entitled to work in UK and providing them with the minimum wages as per the law. Economic:

Price competition: A very important factor for the convenience stores in UK the small chain stores such as Londis and Crosscutter 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 Lidl and aldi Government tax and inflation rates: Convenience stores in the UK 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 competiveness. In the UK consumers do shop more than once a week, which makes them 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. It also enables consumers to shop quickly and avoid long queues on the tills. Mobile technology: new apps created to find the nearest convenience stores around you such as the app called around me

Pestle analysis draft
Political:
Employment laws: employees have to make sure that they are following the employability laws and employ the people who are entitled to work in UK and providing them with the minimum wages as per the law. Economic:

Price competition: A very important factor for the convenience stores in UK the small chain stores such as Londis and Crosscutter 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 Lidl and aldi Government tax and inflation rates: Convenience stores in the UK 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 competiveness. In the UK consumers do shop more than once a week, which makes them 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. It also enables consumers to shop quickly and avoid long queues on the tills. Mobile technology: new apps created to find the nearest convenience stores around you such as the app called around me Pestle analysis draft

Political:
Employment laws: employees have to make sure that they are following the employability laws and employ the people who are entitled to work in UK and providing them with the minimum wages as per the law. Economic:

Price competition: A very important factor for the convenience stores in UK the small chain stores such as Londis and Crosscutter 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 Lidl and aldi Government tax and inflation rates: Convenience stores in the UK 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 competiveness. In the UK consumers do shop more than once a week, which makes them 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. It also enables consumers to shop quickly and avoid long queues on the tills. Mobile technology: new apps created to find the nearest convenience stores around you such as the app called around me

Pestle analysis draft
Political:
Employment laws: employees have to make sure that they are following the employability laws and employ the people who are entitled to work in UK and providing them with the minimum wages as per the law. Economic:

Price competition: A very important factor for the convenience stores in UK the small chain stores such as Londis and Crosscutter 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 Lidl and aldi Government tax and inflation rates: Convenience stores in the UK 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 competiveness. In the UK consumers do shop more than once a week, which makes them 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. It also enables consumers to shop quickly and avoid long queues on the tills. Mobile technology: new apps created to find the nearest convenience stores around you such as the app called around me

Pestle analysis draft
Political:
Employment laws: employees have to make sure that they are following the employability laws and employ the people who are entitled to work in UK and providing them with the minimum wages as per the law. Economic:

Price competition: A very important factor for the convenience stores in UK the small chain stores such as Londis and Crosscutter 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 Lidl and aldi Government tax and inflation rates: Convenience stores in the UK 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 competiveness. In the UK consumers do shop more than once a week, which makes them 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. It also enables consumers to shop quickly and avoid long queues on the tills. Mobile technology: new apps created to find the nearest convenience stores around you such as the app called around me Pestle analysis draft Political:

Employment laws: employees have to make sure that they are following the employability laws and employ the people who are entitled to work in UK and providing them with the minimum wages as per the law. Economic:

Price competition: A very important factor for the convenience stores in UK the small chain stores such as Londis and Crosscutter 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 Lidl and aldi Government tax and inflation rates: Convenience stores in the UK 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 competiveness. In the UK consumers do shop more than once a week, which makes them 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. It also enables consumers to shop quickly and avoid long queues on the tills. Mobile technology: new apps created to find the nearest convenience stores around you such as the app called around me

Pestle analysis draft
Political:
Employment laws: employees have to make sure that they are following the employability laws and employ the people who are entitled to work in UK and providing them with the minimum wages as per the law. Economic:

Price competition: A very important factor for the convenience stores in UK the small chain stores such as Londis and Crosscutter 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 Lidl and aldi Government tax and inflation rates: Convenience stores in the UK 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 competiveness. In the UK consumers do shop more than once a week, which makes them 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. It also enables consumers to shop quickly and avoid long queues on the tills. Mobile technology: new apps created to find the nearest convenience stores around you such as the app called around me

Pestle analysis draft
Political:
Employment laws: employees have to make sure that they are following the employability laws and employ the people who are entitled to work in UK and providing them with the minimum wages as per the law. Economic:

Price competition: A very important factor for the convenience stores in UK the small chain stores such as Londis and Crosscutter 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 Lidl and aldi Government tax and inflation rates: Convenience stores in the UK 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 competiveness. In the UK consumers do shop more than once a week, which makes them 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. It also enables consumers to shop quickly and avoid long queues on the tills. Mobile technology: new apps created to find the nearest convenience stores around you such as the app called around me

Pestle: Retailing and Convenience Stores essay

Related Questions

on Pestle: Retailing and Convenience Stores

What is the PESTLE analysis?

The PESTLE Analysis highlights the different extrinsic scenarios which impact the business of the brand. PESTLE analysis is a framework which is imperative for companies such as 7-Eleven, as it helps to understand market dynamics & improve its business continuously. PESTLE analysis is also referred to as PESTEL analysis.

What are the factors affecting the convenience store industry in UK?

Economic: Price competition: A very important factor for the convenience stores in UK the small chain stores such as Londis and Crosscutter will have a increased competition within the industry from small and independent convenience stores.

Who are the competitors of twenty four Seven convenience store?

Below are the top 4 competitors of Twenty Four Seven Convenience Store: 1. Reliance Fresh 2. More 3. Spencers Retail 4. Big Bazaar This article has been researched & authored by the Content & Research Team.

What are the legal factors in the 7-Eleven PESTLE analysis?

Following are the legal factors in the 7-Eleven PESTLE Analysis: 7-Eleven has to be careful regarding the data protection laws and what steps it should take to comply with them. Many countries are very stringent about such data laws such as EU, which prohibits the movement of data of citizens outside of EU countries.

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