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Evaluation of the Australian Region as one of the Effective Regions for Wal-Mart Expansion Essay Example

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Evaluation of the Australian Region as one of the Effective Regions for Wal-Mart Expansion

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Evaluation of the Australian Region as one of the Effective Regions for Wal-Mart Expansion. Rendered by the central and regional retail and government regulatory authorities in the region result in putting restrictions on the size of retail outlets to be established in specific regions. In rural areas thus the establishment of larger retail outlets is restricted that fail to meet the daily needs of the people and rather render weekly services. Similarly, the establishment of larger retail outlets is also restricted along certain corners of the region by such regulatory and government authorities. These political and government regulations are being practiced in a stringent fashion to increase the entry barriers for other foreign firms (Commonwealth of Australia, 2011, p.Relating to the economic scenario of the retail industry in Australia it is observed that the level of consumer spending on purchase of retail commodities has considerably gone down from the previous case with higher incidence on the parameters of saving and spending on services.

Food, financial and other services happen to be the larger domains inviting consumer interests. Despite the above fact the however large amount of capital and infrastructural investments are continually being rendered to help enhance the productivity and growth of the retail sector in the Australian economy. The Australian retail sector, however, contributes to reduced labor productivity in the region (Commonwealth of Australia, 2011, p.The social factors impacting the retail sales and services in the Australian region relate much to the development of retailing activities in terms of online and cellular mediums. The growth of sales and purchases via these mediums has brought about adequate demographic segmentation in the Australian region where people below 17 and above 65 years were found to take less resort to virtual purchase and sales medium. Again while people aged between 20 to 44 years reflected a moderate interest in online retail activities the people in the age bracket between 45 to 54 years reflected the highest interest than that in the age group of 55 to 64. Evaluation of the Australian Region as one of the Effective Regions for Wal-Mart Expansion.

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References

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