DOCSLIB.ORG

Parknshop.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Parknshop.Pdf History & development • Established in 1973 • A member of the A.S Watson Group (ASW) , a wholly-owned subsidiary of Hutchison Whampoa Limited • had established two Appropriation brand “PARKNSHOP” & “BEST BUY” in1995 Development • 260 outlets in Hong Kong and Macau, almost 50 are Superstores and Mega stores, with about 9,000 employees • 10 in Guangzhou and Shenzhen Form of business ownership • Limited Company PARK n SHOP is a wholly-owned MORE!! subsidiary of Hutchison Whampoa Limited Features of limited company • Independent legal entity • Limited liability • Lasting continuity Park your car and shopping!!????? Park & Shop ---> Park n Shop INFORMATION!!!!!!!!!! ↑wholesalers INFORMATION!!!!!!!!!! All from Yahoo ! Knowledge Product & services There are 10 main categories. “What to produce/sell?” IT is allocated by market forces!! The market price~~ Services • Withdrawal of money : EPS • Online shopping • Delivery services • Telephone Factors of production • “How to produce?” • Factor prices To guide the producers in their choices of production methods Target customers Public, Especially housewives INFORMATION!!!!!!!!!! Demand of the products • Elastic Demand There are many close substitutes, e.g. Wellcome , Yukee , CRC shop It’s elastic!! PARK n SHOP P D Q 0 As WELLCOME is its close substitute, then…… If Wellcome↓ the price of its product , the quantity demanded of Wellcome’s product would↑ , however the demand of PARK n SHOP would ↓ P WELLCOME P PARK n SHOP P1 P2 D P1 D1 D2 0 Q Q1 Q2 0 Q Q2 Q1 Supply of the products Related Companies: • S. Watson Group • Watsons water • Mr. Juicy • Sunkist • Crystal Spring • They can let PARKnSHOP enjoys stable supply at a lower price Supply of its products Some products are with elastic supply while some products are with inelastic supply!! Inelastic supply: Fruits, vegetables, etc. P S Inelastic , because of the nature of the product. 0 Q Elastic supply: Soft drinks , canned food, etc P S Elastic because it has stable suppliers , in another words, it hold reserve production capacity. 0 Q Their ways to increase its profit USUALLY NON-PRICE COMPRTITION! • Propaganda : the best, cheapest • Sell some products by buy one get one free • Coupon to exchange presents • Provide discounts to customers on Wednesday • 2 times the different !!!!! Greatest competitor !! WELLCOME Wellcome & PARK n SHOP • They are substitute. • The market is dominated by them ,they set the price for smaller firms to follow. • They are interdependent. • There are also non- price competition (for instance , Wellcome ↓the price or giving out gift ,lucky draw etc. PARK n SHOP will promptly follow it) =Oligopoly !!!!! • They have bargaining power too !!! Features Oligopoly No . of sellers Several dominants Nature of goods Mainly heterogeneous Entry Difficult Information Imperfect Influence in the market Price-searchers Non-price competition Very common Market structure ←The market structure of PARKnSHOP Market Perfect Imperfect competition competition Monopolistic Monopoly Oligopoly competition = INFORMATION!!!!!!!!!! How to increase PARK n SHOP’s profits? Suggestions to increase profits S-Strength • 260 branch stores in North and South China, Hong Kong and Macau. W-Weakness • Some people still not willing to go PARKnSHOP O-Opportunities • Open more Mega store • Take Jusco as an example T-Threat • The competition with Wellcome is fierce Our suggestions • Create more creative advertisements in order to attract more customers • Invite pop star to sell their products • Employ more price watchers • Make Charity shows • Have Product diversification Sources From • Yahoo ! Knowledge • PARK n SHOP . com • WELLCOME . Com • SY Econ • Material (Japan Sozai) • PARK n SHOP ‘ s staff Members: Yeung Wing Tsz* (43) Kwok Ka Yi (20) Lam Ka Wai (21) Wong Po Yan (40) Yau Ngan Ling (42) THE END!! THANK YOU FOR YOUR ATTENTION!!!!!!!!!!!! .
Load more

Recommended publications
  • Is a High Refund Strategy Always Effective?
    Is a High Refund Strategy Always Effective? Shueh-Chin Ting, Professor, Department of Education, National University of Tainan, Taiwan ABSTRACT Retailers often use a refund strategy to guarantee that their products are the lowest price. However, does a high refund strategy announced by retailers definitively help consumers to believe that their products have the lowest price? Hierarchical moderator regression analysis was used to examine the moderating effect of a retailer’s reputation on the relationship between refund size and the believability of the lowest price. The results indicate that refund size has no direct effect on the believability of the lowest price and the effect is moderated by a retailer’s reputation. For reputable retailers, refund size has a positive influence on the believability of the lowest price. For less reputable retailers, refund size has a negative influence on the believability of the lowest price. Prior studies neglected the importance of a retailer’s reputation in implementing refund strategies. This study has resolved this research gap. Keywords: believability of the lowest price, guarantee strategy, refund size, retailer’s reputation. INTRODUCTION Retailers often use low-price guarantees (LPGs) as a signal to attract consumers and increase sales. Consumers interpret LPGs as signals that a particular retailer is committed to low prices (Borges, and Babin, 2012). Price-matching guarantees (PMGs) are commonly used by retailers as promises to match the lowest price for an item that a customer can find elsewhere (Yuan and Krishna, 2011). Signaling theory has been used to understand the overall effect of a PMG on consumer perceptions (Borges, 2009).
    [Show full text]
  • 151016 CB China Power of Retailing 2015 CN.Docx
    China Power of Retailing 2015 China Power of Retailing 2015 1 Foreword 2015 has witnessed the recovery of a global economy and the gradual stabilization of a real economy in China. While the Eurozone economy continues to improve, the differentiation among its economies remains noticeable. “Abeconomics” throws Japan into deep recession. The United States of America, as the only exception, enters the trajectory of a strong recovery and the US dollar has appreciated sharply against other major world currencies. Its well-anticipated rise in interest rate in the fourth quarter forebodes an accelerated devaluation of currencies in most emerging economies. As a result, the pressure on devaluating RMB is mounting. With a slowed growth rate, the Chinese economy has arrived at the stage of new normal. The YoY growth for the first half of the year lingers around 7%, hindered by the deceleration of the three engines that used to propel GDP growth – a sluggish export, a slow growth in investment and a domestic consumption that continues to fall behind expectation. Although the growth rate of the total retail of consumer goods has dropped, it has far outpaced the domestic industrial growth. With the consumer confidence seeing constant improvement that will further free up consumption potential, consumption is expected to continue pulling the economy in the future. A continued fall in oil prices has offset the inflationary pressure, curbing the inflation at a lower level to make room for executing a lax monetary policy. To further boost investment and consumption, and reduce enterprise financing costs, the government has gradually redirected its macro economy from “stabilize growth and adjust structure” to “ensure growth,” making the lowering of interest rate and reserve ratio possible in the second half of the year.
    [Show full text]
  • RSCI Pioneered the Hypermarket Concept in the Philippines Through Shopwise
    Rustan Supercenters, Inc. (RSCI), a member of the Rustan Group of Companies, was founded in 1998 at the height of the Asian Economic Crisis. It was the first Rustan Company to take in outside investors. It was also the Rustan Group’s first major foray into the discount retailing segment through an adapted European style hypermarket. RSCI pioneered the hypermarket concept in the Philippines through Shopwise. Armed with the vision of providing Quality for All, the Company sought to make the renowned Rustan’s quality accessible to all, especially the middle and working class. Its mission is to create a chain of supercenters or hypermarkets which is the needs of the Filipino family. Rustan’s decision to diversify into hypermarkets was borne out of manifest opportunities brought about by fundamental changes that are taking place in the Philippine market: a burgeoning middle class; increasing value consciousness across various income levels; and new geographical market opportunities that are best served through discount retailing operations. RSCI developed and opened the first hypermarket in the country in November 29, 1998 in Alabang. From 40 employees, it now employs more than 6,000 employees The Company has attained much success since its inception. From 40 employees, it now employs more than 6,000 employees. From sales of zero, the Company registered sales of over P17B in fiscal year 2012-2013. From one hypermarket in Filinvest Alabang, it has now grown to 46 stores covering multiple retail formats, namely, hypermarkets, upscale supermarkets, and neighborhood grocery stores. November 2006 marked yet another milestone for RSCI when it has acquired the 21 Rustan’s stores and food services operations under an Asset Lease Agreement.
    [Show full text]
  • NI Food Producers Guide Dairy Council
    www.nigoodfood.com | Food Producers Guide 1 The People Who Rear, Grow and Make Our Great Local Produce Local Our Great and Make Grow Who Rear, The People 2015 Guide NI Producers Food Food NI Limited Belfast Mills 71-75 Percy Street Belfast, BT13 2HW Tel: +44 (0)28 9024 9449 Email: [email protected] Web: www.nigoodfood.com Food NI @Food_NI www.nigoodfood.com | Food Producers Guide 1 2015 Food NI Producers Guide 2 www.nigoodfood.com | Food Producers Guide Who we are Thanks for picking up this booklet. In case you’re wondering who’s behind it, let us tell you. We are Food NI/Taste of Ulster. We’re all about showcasing the finest food and drink from Northern Ireland. We promote the people who produce it and distribute it to shops and catering outlets. We believe we have world-class ingredients and chefs and we work tirelessly to get that message out near and far. Our producer members represent everyone from the small artisan to the large scale distributors. We have the full support of the Northern Ireland agri-food industry. Our board of directors include all the major stakeholders. The sheer quality of our food and drink has been a secret for far too long. We create showcases for Northern Ireland food at key food events throughout the year. These are where producers can sell what they make and advertise their services. We’re constantly in touch with the media, telling them about what are members are doing. We’re in the papers, on TV and radio and of course, we’re never done updating our website, Facebooking and Tweeting.
    [Show full text]
  • 1 Abundant Glory Limited British Virgin Islands Executive
    Appendix B Present Directorships of Edith SHIH as at effective date of appointment Role Name of Company Place of Incorporation (Executive / Non-Executive) 1 Abundant Glory Limited British Virgin Islands Executive 2 Actionfirm Limited British Virgin Islands Executive 3 AICT Advisory Limited British Virgin Islands Executive Alexandria International Container Terminals 4 Egypt Executive Company S.A.E. 5 Alpha Metrics Limited British Virgin Islands Executive 6 Americas Intermodal Services SA/NV Belgium Executive 7 Americas Shipyard SA/NV Belgium Executive 8 Amsterdam Container Terminals B.V. Netherlands Executive 9 Amsterdam Marine Terminals B.V. Netherlands Executive 10 Amsterdam Port Holdings B.V. Netherlands Executive 11 Anovio Holdings Limited Cyprus Executive 12 APM Terminals Dachan Company Limited Hong Kong Executive 13 Aqaba Terminal Services Limited British Virgin Islands Executive 14 Asia Pacific Honour Holdings Limited British Virgin Islands Executive 15 Bajacorp, S.A. de C.V. Mexico Executive 16 Barcelona Europe South Terminal, S.A. Spain Executive 17 Best Fortune S.a r.l. Luxembourg Executive 18 Best Month Profits Limited British Virgin Islands Executive 19 Best Oasis Holdings Limited British Virgin Islands Executive 20 Best People Resources Limited British Virgin Islands Executive 21 Beyond Excel Investments Limited British Virgin Islands Executive 22 Brightease Profits Limited British Virgin Islands Executive 23 Brisbane Container Terminals Pty Limited Australia Executive Appendix B 24 Buenos Aires Container Terminal Services S.A. Argentina Alternate Director 25 Cape Fortune B.V. Netherlands Executive 26 Central America Shipyard SA/NV Belgium Executive 27 China Terminal Services Holding Company Limited Bermuda Executive 28 Clivedon Limited British Virgin Islands Executive 29 CLK Limited British Virgin Islands Executive 30 Coastal Work Logistics Limited British Virgin Islands Executive 31 Container Security Inc.
    [Show full text]
  • RISKS of SOURCING SEAFOOD in HONG KONG SUPERMARKETS 2019 Every Retailer in the City Must Take a Lead to Help Transform Hong Kong Into Asia’S Most Sustainable City
    RISKS OF SOURCING SEAFOOD IN HONG KONG SUPERMARKETS 2019 Every retailer in the city must take a lead to help transform Hong Kong into Asia’s most sustainable city The United Nations’ recent global assessment on biodiversity and ecosystem services sounded a warning that around one million species already face extinction, many within decades, unless action is taken to reduce the intensity of drivers of biodiversity loss. More than a third of all marine mammals are currently threatened. Without proper management of fishing practices and transparent seafood supply chains, there will be degradation of natural habitats and a drop in food security levels in seafood. Ultimately, it will affect the profitability of all businesses that rely on seafood. Hong Kong is the second largest per capita consumer of seafood in Asia. We import over 90% of our seafood from over 170 countries and territories around the world. Our seafood choices affect marine fisheries resources worldwide. As Hong Kong supermarkets play an increasingly important role in supplying seafood to consumers, they can also be crucial in making sustainable seafood more publicly accessible. In October 2016, WWF-Hong Kong published the first report detailing how local supermarket giants were selling globally threatened species and seafood products associated with environmental, social and legal problems. By documenting their existing practices and educating supermarkets about the impacts of their seafood sales on marine resources and our oceans, we sought to raise public awareness and collectively encourage them to set up a comprehensive sustainable seafood procurement policy. There are 29 chain supermarket brands in Hong Kong owned by a total of nine groups or companies comprising over 70% market share in the city’s food retail sector.
    [Show full text]
  • Additional Information
    additional Information ports and related services The following tables summarise the major port operations for the four segments of the division. HpH trust 2015 The Group’s Throughput Name Location Effective Interest (100% basis) (million TEU) Hongkong International Terminals/ 30.07% / COSCO-HIT Terminals/ Hong Kong 15.03% / 12.1 Asia Container Terminals 12.03% Yantian International Container Terminals - Phase I and II/ 16.96% / Phase III/ Mainland China 15.53% / 12.2 West Port 15.53% Ancillary Services - Asia Port Services/ Hong Kong and 30.07% / N/A Hutchison Logistics (HK)/ Mainland China 30.07% / Shenzhen Hutchison Inland Container Depots 23.35% Mainland China and other Hong Kong 2015 HPH’s Throughput Name Location Effective Interest (1) (100% basis) (million TEU) Shanghai Mingdong Container Terminals/ Mainland China 50% / 8.3 Shanghai Pudong International Container Terminals 30% Ningbo Beilun International Container Terminals Mainland China 49% 2.0 River Trade Terminal Hong Kong 50% 1.2 Ports in Southern China - Mainland China (2) Nanhai International Container Terminals / 50% / (2) Jiangmen International Container Terminals / 50% / Shantou International Container Terminals/ 70% / (3) Huizhou Port Industrial Corporation/ 33.59% / 2.5 Huizhou International Container Terminals/ 80% / Xiamen International Container Terminals/ 49% / Xiamen Haicang International Container Terminals 49% Note 1: The Group holds an 80% interest in Hutchison Ports Holdings Group (“HPH”). Note 2: Although HPH Trust holds the economic interest in the two River Ports in Nanhai and Jiangmen in Southern China, the legal interests in these operations are retained by this division. Note 3: Includes the throughput of the port operations in Gaolan and Jiuzhou that were disposed during the second half of 2015.
    [Show full text]
  • China - Peoples Republic Of
    THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 1/26/2011 GAIN Report Number: CH0816 China - Peoples Republic of Post: Shanghai ATO China Retail Annual Report Report Categories: Retail Food Sector Approved By: Keith Schneller Prepared By: Leanne Wang, May Liu, Tong Wang and ATO-Chengdu Report Highlights: With increased disposal income, urbanization and food safety concerns, Chinese are consuming more U.S. food products; this is partly due to the excellent quality and safety reputation of American food products. While the Chinese economy has slowed this past year, it is still growing faster than any other major economy. This fact and Chinese customers‟ growing taste for imported products, makes the Chinese market very attractive to many U.S. food producers. Executive Summary In response to rising inflation and food safety concerns, more Chinese people are cutting back on eating out and are now cooking more and more at home. Consumers of imported food are generally expatriates and high and upper –middle income locals. They are least affected by inflation and pay great attention to food safety. Consumption of western style products continues to grow as they generally are regarded as good quality, nutritious and safe. Some products, such as fresh fruit, frozen vegetables and nuts, have much deeper penetration, and some supermarkets and convenience stores are becoming more interested in imported products. Rapid economic growth has caused the total U.S. dollar sales value of food and beverages to rise by 26.2% to USD132 billion in 2008.
    [Show full text]
  • Chartered Secretaries American Express Credit Cards
    Chartered Secretaries American Express Credit Cards Chartered Secretaries American Express® Platinum Credit Card and Chartered Secretaries American Express®Gold Credit Card are two co-branded cards that have been created in collaboration with The Hong Kong Institute of Chartered Secretaries (HKICS) and have been specifically designed to recognise and benefit our members. As a Member/Graduate/Student of HKICS, you are cordially invited to become a Chartered Secretaries American Express Platinum or Gold Card Cardmember. This card provides a highly convenient way to pay for HKICS membership fees, CPD events and seminars, examination fees and other fees. Application forms Exclusive privileges Merchants List Application forms Chartered Secretaries American Express Platinum Credit Card application form Chartered Secretaries American Express Gold Credit Card application form Application with required documents should be sent to: American Express International Inc Attn: New Accounts GPO Box 11250 Hong Kong Note: 1. Terms and conditions apply to the above offers and privileges. Please visit www.americanexpress.com.hk to learn more. 2. The Chartered Secretaries American Express co-branded Card is a privilege from HKICS. All Credit Card applicationapprovals will be at the sole discretion of American Express International Inc 3. For any enquiries, please call 2277 1370 Back to top Exclusive privileges: Chartered Secretaries American Express® Platinum Credit Card Half annualfee waiver saving you HK$800 a year Generous welcome offers including HK$500 Lane Crawford or Esso Synergy Fuel Cash Voucher, plus 10X Membership Rewards points in the first 3 months, up to 300,000 points Up to HK$500 travel package discount coupon when you purchasing travel packages from Farrington American Express Travel Services Ltd.
    [Show full text]
  • Hong Kong Health and Beauty Retail Stores
    Hong Kong Health and Beauty Retail Guide December 2014 Introduction With a wealthy population of 7 million and GDP of US$235 billion, Hong Kong is a large, high-value and expanding market for Australian consumer products, including beauty and health products. In 2013, A$132 million of Australian cosmetics and skin care were exported to Hong Kong. Australian cosmetic and skin care products have an international reputation as safe, environmentally friendly and consistently high quality. Australia is also recognised as a reliable source of quality cosmetics, skin care and health products, particularly in the natural and organic skincare categories. Hong Kong’s total sales in beauty and personal care products remained strong in 2013, reaching over HK$14.5 billion (over A$2 billion). Last year more than 50 million visitors, including some 40 million mainland Chinese, came to shop in Hong Kong, with cosmetics and skin care items a key focus. Hong Kong is a significant market in its own right and an excellent testing ground for international products entering the region. Austrade has launched a special video insights series to provide Australian beauty companies with first-hand perspectives from experts in the market. These videos provide advice on the latest market trends and tactics to be used in Hong Kong and China. Check it out from Austrade website. Table of Contents Page Number Overview of Hong Kong Distribution Channels - Beauty and Health Products 3 Hong Kong Health and Beauty Retail Stores Specialty Stores 4 Department Stores 5 Beauty Counters at Department Stores 6 Pharmacy Chains 8 Multi-brand Shops 8 Australian Concept Stores 9 Supermarkets 10 Austrade Contacts 12 November 2014 Austrade Health and Beauty Products Retail Stores in Hong Kong> 2 Overview of Hong Kong Distribution Channels - Beauty and Health Products Hong Kong has a sophisticated retail sector for the sale and distribution of health and beauty products.
    [Show full text]
  • Annual Report 2007
    Fully Global, Truly Local Annual Report 2007 Fiscal year ended February 20, 2007 A leading-edge, global-level operating and management infrastructure raises the quality and satisfaction of shopping with ÆON. 155 ÆON companies in Japan and overseas apply a “glocal (global + local) strategy”: global-class management systems tailored to local needs in a drive to be the best local retailer wherever we operate. Our business is based on large-scale shopping centers serving their respective communi- ties with tailored services comprising GMS (general merchandise store) retail, supermarkets, drugstores, home centers, convenience stores, specialty stores, shopping-mall development, financial services, entertainment, food services and more. ÆON is growing through internal expansion and strategic tie-ups that add new services, synergy and sales. Being the best local retailer means being the best at meeting local needs, with shuttle buses, environmental action and direct community involvement. Contents Highlights for the year 2 Financial section 29 The President’s message 4 Board of directors and executive officers 67 The Chairman’s message 6 Corporate responsibility 68 Review of operations 12 Corporate history 73 Environmental and social contribution activities 24 Major group companies 77 Shareholder information 77 ÆON ANNUAL REPORT 2007 1 Applying unique management know-how to develop and manage shopping malls centered on each community, ÆON is building a uniquely positioned retail network in Japan and overseas. In fact, ÆON shopping mall facilities
    [Show full text]
  • 2020-Your-Choice.Pdf
    Red Hot Rewards of Your Choice With the year-round “Red Hot Rewards of Your Choice” Up to programme, you can allocate your extra RewardCash among the RewardCash rebate, 6 spending categories to earn rewards faster! 2.4% year-round Red Hot Rewards of Your Choice From 1 January 2020 to 31 December 2020, the 1-year1 programme let you earn up to 6X RewardCash2 (which is equivalent to 2.4% RewardCash rebate) at a wide range of merchants all year round. You can allocate your extra 5X RewardCash among the 6 spending categories3 of Dining, Entertainment, Home, Lifestyle, Mainland China and Macau Spending and Overseas Spending according to your spending habits. You can enjoy the extra RewardCash for your first HK$100,000 eligible spending, so that you can earn rewards even faster. Three simple steps to start earning extra RewardCash Call hotline 8228 3308 or Visit www.hsbc.com.hk/rewards to register Allocate extra 5X RewardCash to your preferred spending categories Dining Spending at dining outlets in Hong Kong4 Entertainment4 Selected merchants: AMC Pacific Place, Broadway Circuit, CGV Cinemas, Festival Grand Cinema, Golden Harvest Cinemas, Grand Windsor Cinema, MCL Cinemas, STAR Cinema, the sky, UA Cinemas, CEO, Neway and RedMR Home4 Selected merchants: 759 Store, BROADWAY, HKTVmall, Mannings, PARKnSHOP and Wellcome Supermarket Lifestyle4 Selected merchants: AEON, agnès b, APiTA, GigaSports, GU, SOGO and UNIQLO Mainland China and Spending in Mainland China and Macau4 Macau Spending5 Overseas Spending5 Overseas spending4 Spend with your HSBC credit card and earn up to 2.4% RewardCash rebate all year round! Y9-U1-CAMH0206/FOD/E How to earn up to 2.4% RewardCash rebate Lifestyle Department Stores AEON, AEON STYLE, AEON SUPERMARKET, AEONBODY, APiTA, Bento Express by Simply allocate your extra 5X RewardCash multiplier to a single frequently used spending category in the “Red AEON, Chinese Arts & Crafts, Citistore, La Bohéme Bakery, Living PLAZA by AEON, Hot Rewards of Your Choice” programme.
    [Show full text]