"Competition and Oligopoly in UK Supermarket Retailing"
The dissertation investigates UK Supermarket Retail market and attempts to provide answers to the following research questions:
1. What is the nature of competition in the UK supermarket industry?
2. What is the future for competition in the UK supermarket industry?
3. What is success and failure in competing in the UK supermarket industry?
60 pages - 12,000 words
90% grade
1: Introduction
Dissertation Rationale
Research Questions
Aims and Objectives
Dissertation Structure
2: Literature Review
The Nature of Competition
Oligopoly Theory
Competition Theory in the UK Supermarket Industry
Non-Price Competitive Theory
Competitive Strategy
Strategic Groups
Industry Context
3: Methodology
Research Questions and Objectives
Research Approach and Strategy
Research Philosophy
Research Approach
Research Strategy
Time Horizon
Data Collection Method
Research Setting
Research Participants
The Survey
The Interview
4: Analysis of UK Food Retail Sector
Overview
The Players
Current State of Play
Concentration
Business Strategies
Price Competition
Pricing Policies
Non-Price Competition
Takeovers and Mergers
5: Primary Research Results
Summary of Interview
6: Porter's 5 Forces Analysis of UK Supermarket Retailing
Introduction
The 5 Forces Framework
Competitive Rivalry amongst Existing Firms
Threat of New Entrants
Bargaining Power of Suppliers
Bargaining Power of Buyers
Threat of Substitute Products or Service
Conclusions
7: Safeway Plc: A failure in competition?
Overview
The Competition Commission 2003 report
Literature on consolidation in the UK supermarket industry
Effects of Takeover/Merger
Safeway: A Failure in Competition?
8: Conclusion
Areas for future research
9 : Bibliography
References
Internet
10: Appendix
Appendix 1: Interview; Questions & Communications
Appendix 2: Interview; Questions and Responses. Interview Y
Appendix 3: The Journal, 1/3/04, Will stores takeover fit the bill?
List Of Figures:
Figure 2.1 : Kinked Demand Curve
Figure 2.2: Cournot Equilibrium With Few And Many Firms
Figure 2.3: The Profit Possibility Frontier
Figure 2.4: S-C-P Framework
Figure 2.5: Strategic Groups Within The Supermarket Industry
Figure 2.6 : Spiral Of Growth
Figure 4.1 : Europe: Food Retailers' Sales, Share Of All Retail Sales, 1996-2007
Figure 4.2: Uk Top Ten Food Retailers Market Share; 2002
Figure 4.3: Market Share Evolution
Figure 4.4: Walmart & The Competitive Agenda
Figure 4.5: Walmart & Pricing Response
Figure 6.1: Porter's 5 Forces Framework
Figure 7.1 Post-Merger Scenario: Morrison's Purchase Of Selected Safeway Stores
List Of Tables:
Table 3.1: Research Questions
Table 3.2: Research Objectives
Table 3.3: Research Participants
Table 3.4: Interview Questions
Table 4.1: Big Five Stated Competitive Strategy
Table 4.2: Big 5: Pricing Policy & Behaviour
Table 4.3: Non-Price Competition Methods
Table 5.1: Interview Summary
Table 6.1: Loyalty Of Main Users Of Supermarkets
Table 6.2: 5 Forces Conclusions
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