首页
登录
职称英语
(1) After taking a brief hiatus to weather the recession, an invasion of Bri
(1) After taking a brief hiatus to weather the recession, an invasion of Bri
游客
2023-12-02
18
管理
问题
(1) After taking a brief hiatus to weather the recession, an invasion of Britain by some of America’s best-known retail brands—including Best Buy, Banana Republic and Forever 21—is back on the march. And early reports from the front line in the land of shopkeepers indicate that, unlike with earlier attempts by U. S. retailers to break Britain, British consumers are welcoming the invaders with open arms—and wallets.
(2) That’s not always been the case. While the British public has long had an appetite for American fast-food vendors, the record of U.S. retailers who have tried to make it big in Britain is mixed. But the latest arrivals enter the market as already established brands with built-in consumer awareness, thanks to the dominance of U.S. culture in media and online. And they satisfy British shoppers’ desire for "something new," says analyst Natalie Berg, of London-based consultants Planet Retail. "They all bring a cult aspect" to the U.K. high street.
(3) Best Buy—America’s largest consumer-electronics chair—kicked off the latest rush into the British market in May, when it opened its first-ever U.K. store. The 4,650-sq-m big-box outlet in the London suburb of Thurrock is the first of eight to 10 stores Best Buy expects to open in the country this year. And it has proved an impressive beachhead: in terms of sales volume, that first weekend was the chain’s biggest opening weekend in its 27-year history. "We had strong expectations," says Paul Antoniadis, CEO of Best Buy UK (who won’t reveal how much they took in over those first three days). "But the actual delivery was brilliant."
(4) For some U.S. stores, this will be their first foray into the U.K. Following in Best Buy’s footsteps is California-based Forever 21, which specializes in cheap, trendy clothes for young women and will open its first U.K. branch in Birmingham, northern England, in November. But for others, now is the time to expand on past success. Hollister, which is owned by Abercrombie & Fitch (A&F), has proved extremely popular in Britain since it launched its first surf-shack-chic store in London in 2008. Hollister rode the recession like it was the perfect wave. Despite the economic downturn, it opened 11 more stores across the U.K. over the past two years, most recently in April. As a result, A&F reports that average sales volume for Hollister’s British stores is six times the level of its U.S. stores.
(5) Meanwhile, Gap-owned Banana Republic, which debuted in London two years ago, opened its second and third stores in the city last December and April this year. Even in what was a tough year for retailers of all nationalities, Banana Republic’s total U.K. net sales in last year hit $24 million, up from $23 million a year earlier.
(6) What’s the attraction? Britain boasts an overall retail market worth around $415 billion—a tempting target. The U.K is also a good launchpad for further expansions into continental Europe. Moreover, thanks to growing online sales, U.S. retailers no longer have to blanket Blighty with shops to achieve full market penetration. They can open a few flagship stores in key cities, and back them up with a strong Web presence, which in turn reduces overheads and risk.
(7) The Internet also provides a strong prelaunch marketing tool: Best Buy set up a U.K. website back in January that featured blogs, forums and advice, and used social-networking sites such as Facebook and Twitter to build anticipation for the Thurrock launch. And there’s a new, postdownturn draw too: cheaper rents. U.K. retail rents have historically been sky high, particularly in London. Now many landlords-hit by a raft of vacancies-are willing to bargain.
(8) While the invasion is off to strong start, U.S. retailers shouldn’t consider Britain a sure thing. U.K. retailing is a highly mature market that’s brutally competitive, particularly now as retailers battle to entice credit-crunched shoppers back into shops. "It’s probably not a great time to enter the British market," says Sarah Peters, an analyst at British retailing consultants Verdict Research, "But I’m not sure if there is ever a good time." Indeed, Britain’s retailing landscape is littered with the bones of successful U.S. retailers who stumbled badly when they crossed the Atlantic.
(9) Limited Brands, in conjunction with British fashion chain Next, failed in an attempt in the 1990s to transplant Bath & Body Works to Britain. And Whole Foods Market, which opened a massive food emporium in London in 2007, lost around $52 million in the British capital last year, thanks in part to formidable competition from mainstream British supermarket chains that are already well stocked with organic groceries.
(10) If this latest flock of U.S. retailers does well in the U.K., it will likely be because they offer British shoppers something completely different. Forever 21, for example, will face resistance from established, strong domestic clothing brands, including Topshop, New Look and Primark. But Best Buy, on the other hand, has an edge. Not only are its big-box stores a novelty in Britain, but so is the brand’s emphasis on customer service. Its Geek Squad unit gives customers round-the-clock technical support, and shoppers can use its in-store setup service to configure gadgets before taking them home. "Consumer-electronics stores in the U.K. traditionally have not had good reputations for customer service," says Matthew Piner, another Verdict Research analyst. "And no one has really challenged them before."
(11) To pay for its U.K. invasion, Best Buy, which was pummeled by the recession, has already shelled out around $30.5 million and expects to spend around another $50 million to $58 million this fiscal year. That’s a big bet. But for Best Buy, and many other U.S. retailers, the potential payoff for succeeding in Britain means it’s one worth making. [br] Which of the following statements about the passage is NOT true?
选项
A、The British retailing market is so competitive that it is not easy to be penetrated.
B、There may be no perfect time for American retailers to enter into the British market.
C、The American retailers are definitely achieving big success in the Britain market.
D、The after-sale service provided by American retailers satisfied British consumers.
答案
C
解析
根据第8段首句和最后一句可知,并不是所有的美国零售商都能在英国获得成功。故C与原文不符,为正确答案。
转载请注明原文地址:https://tihaiku.com/zcyy/3239518.html
相关试题推荐
Whatisthenewsmainlyabout?[originaltext][7]Votingistakingplaceina
Imaginetakingauniversityexaminyourownhome,underthewatchfuleyeof
Imaginetakingauniversityexaminyourownhome,underthewatchfuleyeof
Imaginetakingauniversityexaminyourownhome,underthewatchfuleyeof
Imaginetakingauniversityexaminyourownhome,underthewatchfuleyeof
AsaFloridianwho’sweatheredhisshareofhurricanes,Icanmorethansymp
AsaFloridianwho’sweatheredhisshareofhurricanes,Icanmorethansymp
AWouldyoupleasegivemesomemoney,Dad?B:Theweatherissofine.Theconve
WhichofthefollowingisNOTtrueabouttheVietnamWar?A、Drug-takingwaswides
这是黄河滩上的一幕。ThisisascenetakingplaceontheshoreoftheYellowRiver.在翻译这句话时,
随机试题
WemetMaryandherhusbandatapartytwomonthsago._____we’vehadnofurthe
SomePremisesunderWhichLinguistsOperateWhenwedolinguisti
Headmittedthatheshouldn’thavebeenso______astosayinsultingwordstoth
混凝土立方体抗压强度试验中,混凝土强度等级为C50时的加荷速度宜为()。A.0
关于单端固定桥的描述正确的是A.又称半固定桥 B.适用于游离端缺失的修复 C
下列关于内部审计机构设置的表述中,不正确的是:A、法律、法规规定设立内部审计机构
正常运行时,中性点电容隔直/电阻限流装置应处于自动工作模式。
要帮孩子学电脑,最好家长先学会使用电脑,这样既可以向孩子推荐好的软件,也可以有效
我国境内商品期货交易时,随着合约持仓量的增大,交易所将逐步提高该合约交易保证金比
木材加工是建筑施工行业不可缺少的环节,木工师傅在工作时由于长时间接触粘结剂及防腐
最新回复
(
0
)