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“ ” Why do you think retail outlets were closing so rapidly in 2012? Also what is ‘Non-store retailing’? Discuss?

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Presentation on theme: "“ ” Why do you think retail outlets were closing so rapidly in 2012? Also what is ‘Non-store retailing’? Discuss?"— Presentation transcript:

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4 “ ” Why do you think retail outlets were closing so rapidly in 2012? Also what is ‘Non-store retailing’? Discuss?

5 High street transformed by soaring retail outlets closures  Watch the two below videos; Watch the two below videos;  http://www.bbc.co.uk/news/business-21624241 (2mins 20 sec) http://www.bbc.co.uk/news/business-21624241  http://www.bbc.co.uk/news/business-22686246 (2mins) http://www.bbc.co.uk/news/business-22686246 Why have retail outlet closures increased in the last 5 years? Discuss

6 High Street retailers: Who has been hit hardest?

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9 Percentage decrease  Computer Games -45%  Health food -24.7%  Card shops -23.4%  Recruitment -15.1%  General clothes -8.7%  Women's clothes -7.2%  Banks/financial -2.9%  Net change in units in 2012. Source: Local Data Company

10 Retail  “Retail involves a business or person that sells goods to the consumer. A wholesaler sells to a business.”  Types of store Physical Online (eRetailing) Online (eRetailing)

11 Non-store retailing  Non-store retailing is the selling of goods and services outside the confines of a retail facility.  It is a generic term describing retailing taking place outside of shops and stores (that is, off the premises of fixed retail locations and of markets stands).retailing

12 Against the clock You have 5 minutes in groups (against the sand timer!) to list: Describe non-store retailing What are the advantages and disadvantages to the consumer of non-store retailing? Now feedback to the class

13 What advantage do these originations have over their competitors?

14 Shopping List  Then consider all the stores that have recently opened and closed in your local high street.  Then consider when you last purchased something online. What did you buy? Make a list out of all the products you have purchased in the last month. Where did you buy them?

15 Task- P4  Describe how two retail businesses operating in different sub-sectors make use of non- outlet retailing. (P4)


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