BA 320 Lecture 15 Retailing1 - Retailing BA 320 Fall 2010...

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Retailing BA 320 Fall, 2010
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Announcements See you Tuesday for the review session! Please clean out your email Inbox! Happy Halloween in advance!
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Agenda Role of Retailing in the Global Economy Issues Facing Retailers Strategic Issues in Retailing Cases in Successful Retailing: IKEA and Burberry
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Importance of Retailing to the World Economy The top 10 countries in the 2010 Global Retail Development Index (GRDI) are the most diverse mix of large and small markets in its nine- year history: China, Kuwait, India, Saudi Arabia, Brazil, Chile, United Arab Emirates, Uruguay, Peru and Russia. China is tops the GRDI for the first time since 2002. Chinese consumers are becoming increasingly comfortable with Western-style retail formats. The country’s size (population) continues to provide retailers with opportunities.
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World’s Largest Retailers http://www.stores.org/pdf/Top%20250%20list% What do you notice about the retailers on this list? How does Wal-Mart compare with the rest?
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