World Finance

World Finance

March 11, 2015 09:00 ET

"Let's Fight Against Ourselves"-World Finance Investigates the Death of the Supermarket

LONDON, ENGLAND--(Marketwired - March 11, 2015) - Consumer shopping habits are changing rapidly and shaking up the retail industry. Where once large, out-of-town stores offering everything under one roof, such as Tesco, Carrefour and Walmart, were world-dominating forces, these same supermarkets are falling foul of a retail market in flux. World Finance looks at whether modern-day changes could threaten the traditional notion of the big-name supermarket and what the industry is doing to arrest the slide.

The World Finance report looks at how the big names in the business are slashing their growth forecasts and struggling to keep hold over their once-loyal domestic consumers: "All of this points to a glaringly apparent truth; the giant supermarket heyday seen in Europe and the US - which saw Tesco achieve 18 years of straight growth and share prices quadruple in the 20 years to 2007 - is over."

Also in the World Finance special report, we look at how changing consumer habits are hampering the traditional supermarket model and how demand for smaller, convenient stores has played into the hands of discount retailers. "Five years ago they were incredibly quiet - they never really spoke to the press and they wouldn't advertise often other than with their weekly special buy leaflets", says Andrew Stevens, Senior Retail Analyst at Verdict. "Now they're far more active."

For an insight into how supermarkets can buck the downward trend and regain market share, the World Finance report offers an overview of the challenges facing retail and what can be done to breathe fresh life into the supermarket model.

To read the report and many more like it, take a look at the new issue of World Finance, available in print and online now.

http://www.worldfinance.com/home/death-of-the-supermarket

http://www.worldfinance.com

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Contact Information

  • For further media information contact:
    World Finance
    Matthew Timms
    Editorial Department
    +44 (0)20 7553 4177
    matthew.timms@wnmedia.com