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JS JOURNAL IS PUBLISHED FOR EMPLOYEES OF SAINSBURY'S SUPERMARKETS, SAVACENTRE AND HOMEBASE J Stockwise takes off Look who's talking in TalkBack 2 How Homebase is helping wannab How much do you love your m - Mother's Day ideas Famous for five minutes^look at sta, J? W *'* " ^>V V. I SAINSBURY'S SUPERMARKETS Savacentre H*kVIIEI3ASIE NEWSROUND From the editor Contents I know the cover looks a bit like Wildlife Weekly, but this is the Journal - honest. The Company news including stories on: owl's there to help the Stockwise campaign Sainsbury's becoming The Official England Supermarket get off the ground (page 18) and symbolize Pictures for Schools wins in the Hollis Sponsorship Awards wisdom, vigilance and pride. Three attributes vital to anyone playing The trading statement the central midfield role in a team entering the group-wide football Deputy chairman Tom Vyner retires tournament due to take place in April and May (page 3). But don't The Taste the Sainsbury's difference campaign Sainsbury s get carried away by footy mania just yet, there's still Mother's Day The new regional structure Staff uniforms (page 15) and Easter to think about before Scotland get down to the Homebase's Outdoor Living product launch serious business of kicking lumps out of Brazil. Dates for Choir of the Year auditions For those dreading the forthcoming hours of World Cup football Sourcing organic products Who ..join? on TV, it might be a good idea to stop watching the box and try £100' <«K3 appearing on it instead. Dale Winton is looking for Journal readers We look at what JS looks like to volunteer for his show The Other Wa/f (page 27). But if Dale's not on-screen on its Internet 10 A question of quality • how JS's Product Quality Monitor is website (page 20). quite your cup of Earl Grey, perhaps you could spend your viewing making own label food taste even better time surfing the Internet instead. The Sainsbury's website is 16 Fresh ideas, fresh Halifax-the latest ideas in store lighting and layout prove their worth at Halifax :m definitely worth a wander round (page 20) and you can even use it 18 Wise up to Stockwise - the campaign is under way to get all of us to communicate with Sainsbury's Pet Club and customer services, wise about how we handle stock and protect it among other things. Although a better way to communicate if you're 20 A wander round the Sainsbury's website - a look at what JS looks like on-line looking to say what you think about the company and your own 22 Mini bakery brings in the dough - the development working conditions is through TalkBack 2 (page 8). It's currently of the mini bakery Don't forget your mother this being rolled out to all locations and includes the question how Mother's Day - some gift ideas are on page 15. satisfied are you with your job at Sainsbury's overall?' Whatever your answer to that, I hope you'll be satisfied with this Look who's talking 2 - TalkBack 2 is rolling out for all of us to give our views about our work and the company month's issue which has all the regular features and competitions 14 Homebase helps home town - how Homebase is providing small as well as reports on Homebase's involvement with small businesses in Sutton with expert business advice businesses (page 14), the birth of the mini bakery (page 22) and 15 Ideas for Mother's Day - some of the products that could save you being in the doghouse with your mother this year some of the latest ideas in store layout and lighting (page 16). So 26 As seen on TV - a round-up of some of our more talented enjoy reading and please keep sending in your letters, stories and colleagues who've been wowing national television audiences photos. But no Polaroids please as they don't reproduce well enough to print. Halifax shows just how good- looking the inside of a store can Group-wide - news snippets from around the JS Group be (page 16). See you next month 12 Wrltelines - your letters 24 Store openings - Ashbourne, Calne and the new Brentwood 28 Product news - some of the latest products, including a taste test on Hot Cakes c 30 Out and about - stories from all over the country 34 SSA - special interest short breaks in the UK editor 35 People - long servers, retirements and obituaries 35 Sound + Vision - reviews of some of the latest CD and of the JS stars of screen on page 26. MANAGING video releases 36 Archives - a look back at JS's experience of insurance ASSISTANT : SUM- l.o FRONT COVER : Stuarl M.CKmoni <: 19 Name the Stockwise owl and win £75 worth of gift vouchers 32 The £25 crossword and £10 wordsearch 33 Win copies of Terence Stamp's cookbook or a case of Golden •IS JOURNAL, J SAINSIUIIiY PIC, DRURY HOUSl, SIAMI ORl) SI RUT. LONDON SLI (ILL Promise premium ale (delicious - hie!) 35 Videos of The Lost World and Friends are up for grabs as well as I JS 1)1x401) CO.uk copies of Yanni's latest CD Up, up and away with the SSA PRODUCED BY GROUP INILRNAL COMMUNICATIONS (page 34). 2 S^/-^-S3V 5"L/2_ JS JOURNAL NEWSROUND Trading statement Double award for Pictures for Schools released to City scheme Sainsbury's Pictures for Schools scheme won the Sponsorship of the Year trophy in the Mollis SponsorshipThe JS Awards Group in trading February, having already won the top prize in the arts sponsorship category. statement for the 16 weeks to 10 January was issued to The Pictures for Schools scheme, in which Sainsbury's the City on 6 February stores present framed prints of specially selected paintings The statement highlighted to local schools, was descri­ Sainsbury's Supermarkets bed by the awards judging like-for-like sales growth of panel as a 'refreshing and 3.2% which remained above inspiring project'. The the average sales inflation scheme was also said to be a good example of how 'small figure of 2%. can be beautiful' as it won As anticipated in the the overall prize in the face interim results announce­ of big budget sponsorships ment, like-for-like sales such as Land Rover's award was received by Chris The double award-winning volume growth decreased sponsorship of the British Leaver, director of group community affairs team are (I following the anniversary of Lions tour on BSkyB, and to r): Janet Glover, Sue Mercer, Guest speaker David Mellor presents internal communications the introduction of Extra Flora's sponsorship of the Marah Winn-Moon and Fiona the top award to Chris Leaver. and member of Sainsbury's Reward Points in November. London Marathon. The Matthews. Arts sponsorship panel. Savacentre's like-for-like sales growth improved to 2.6% for the 16-week period from 1.3% in the first half. The statement also JS gets England call-up confirmed that although the food retailing environment continued to be extremely Sainsbury's competitive, Sainsbury's and The Official Savacentre's gross margins England Supermarket have remained firm. Homebase was reported to have benefited from a successful Christmas and New Year and achieved strong like-for-like sales growth of 9.8%, whilst Shaw's recorded a like-for-like sales growth of 1% in its established market areas, marginally ahead of inflation. Following an exclusive Sainsbury's Bank was arrangement with the English reported to have achieved exceptional growth, opening Football Association, Sainsbury's over 10,000 new accounts is to be The Official England each week. It now has over Supermarket throughout the 600,000 accounts and custo­ mer deposits in excess of £1.4 World Cup period. billion, and is expected to move into profit ahead of The world's press was invited food purchases and petrol activities in the coming be played with 11-a-side teams schedule, during the course onto the roof of Cromwell from Sainsbury's and Sava- weeks, including the group- on 31 May at the stadium of of this calendar year. Road store on 25 February to centre filling stations. wide football competition for a premier or Nationwide Speaking of the results, hear the news and watch The medals will also be teams from every location league club, with everyone chairman David Sainsbury Chelsea's England interna­ on sale in packs of four for within Sainsbury's, Sava- welcome to come and scream said: "Sainsbury's Supermar­ tional, Graeme Le Saux, pick 99p. centre and Homebase. abuse from the terraces. kets' performance continues up a few footballing tips from Meanwhile, customers Posters should already be up Given the undoubted joy to recover based on striving the store's top footballers, will be able to exchange where you are inviting your in Scottish stores over to provide our customers along with assistant England Reward Card points for location to put forward a Sainsbury's being The with outstanding quality, coach John Gorman. merchandise from the men's and a ladies' five-a-side Official England Super­ choice and value. The Group In its role as Official Official England Merchan­ team to take part in one of market, the Journal is is on track to achieve the England Supermarket, Sains­ dise Catalogue, available in the 28 district tournament expecting a particularly fiery objectives outlined last May bury's will be giving away all JS stores. days to be held on 19 April.
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    A Thesis Submitted for the Degree of PhD at the University of Warwick Permanent WRAP URL: http://wrap.warwick.ac.uk/98784 Copyright and reuse: This thesis is made available online and is protected by original copyright. Please scroll down to view the document itself. Please refer to the repository record for this item for information to help you to cite it. Our policy information is available from the repository home page. For more information, please contact the WRAP Team at: [email protected] warwick.ac.uk/lib-publications 2 o Strategic Groups, Industry Structure and Firms ’ Strategies: Theory and Evidence from the UK Grocery Retailing Industry Francesco Fortunato Curto Thesis Submitted for the degree of Doctor of Philosophy (PhD) Warwick Business School University of Warwick England May 1998 Table of Contents Chapter 1 Introduction 1.0 The Research P- 1 1.1 Structure of the Research P- 5 Chapter 2 The Theoretical Foundations of Strategic Groups: the Harvard Approach 2.0 Introduction P- 9 2.1 The Research Context: Industrial Organisation and the Structure-Conduct-Performance (SCP) Paradigm p. 10 2.1.1 Firms’ Strategies and the Industry Structure in the SCP Paradigm P- 15 2.2 The Theory of Strategic Groups and Mobility Barriers p. 16 2.2.1 Structural and Endogenous Barriers to Entry P- 18 2.2.2 Barriers to Mobility and Strategic Groups P- 20 2.2.3 The Origins of Strategic Groups and Firms’ Strategic Behaviour P- 21 2.2.4 Intergroup Mobility, New Entry and Mobility Dynamics p. 22 2.3 The Characteristics of Strategic Groups Theory P- 25 2.4 Further Theoretical Development: Porter’s (1979) Theory of a Firm’s Profitability P- 28 2.4.1 Oligopolistic Rivalry and Firms’ Performance p.