首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
(1) After taking a brief hiatus to weather the recession, an invasion of Britain by some of America’s best-known retail brands
(1) After taking a brief hiatus to weather the recession, an invasion of Britain by some of America’s best-known retail brands
admin
2021-09-18
54
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 chain—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.
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
根据题意可定位到第2段、第5段和第6段。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。细节判断题,注意要在原文中找到依据,A对应第8段第2句话,B对应第8段第3句,D对应第10段第3句话。
转载请注明原文地址:https://jikaoti.com/ti/nVkMFFFM
0
专业英语八级
相关试题推荐
(1)DetroitseemstobewhereWallStreetmeetsMainStreet.TightcreditisreckonedtohavecosttheAmericancarmakers40,000
A、Notassumingeveryonewillbehaveinthesamewayasyoudo.B、Tryingtorespecttheculturaltraditionsofyourcounterparts.
CulturalDifferencesbetweenEastandWestI.FactorsleadingtotheculturaldifferencesA.Differentculture【T1】______【T1】_
CharacteristicsqfAmericanCultureI.PunctualityA.Goingtothetheater:be【T1】______twentyminutesprior【T1】______B.
CharacteristicsqfAmericanCultureI.PunctualityA.Goingtothetheater:be【T1】______twentyminutesprior【T1】______B.
CharacteristicsqfAmericanCultureI.PunctualityA.Goingtothetheater:be【T1】______twentyminutesprior【T1】______B.
A、Lieinbedaslongaspossible.B、Takesomesleepingpillstorelax.C、Stayawakeaslongastheycan.D、Schedulewhentobea
TheInternethasbecomesuchanintegralpartofourlifethatitseemsalmostimpossibletothinkofdayswithoutit.Areyoua
(1)Atacertainseasonofourlifeweareaccustomedtoconsidereveryspotasthepossiblesiteofahouse.Ihavethussurvey
随机试题
完整的市场研究报告由哪几部分构成()
李某,系医院供应室消毒员,该医院使用的灭菌容器为下排气式压力蒸汽灭菌器,她在操作时应注的是过氧乙酸稀释液临用前配制,配制溶液时应注意的是()
对于尖锐湿疣,下列哪项是恰当的
人类体细胞染色体数为
女,22岁,4周前发热、咳嗽、流涕,持续1周自愈。近1周心悸、气短。否认心脏病史。查体:T36.2℃,BP110/65mmHg,心界不大。血清CK-MB水平增高。心电图示窦性心律。心率103次/L,P-R间期0.21秒,余未见异常。最可能的诊断是
室内饰面板(砖)工程每()间(大面积房间和走廊按施工面积30m2为一间)应划分为一个检验批,不足()间也应划分为一个检验批。
()是筛选广告作品或广告作品评比时常用的指标,以确定注意到该产品广告全部信息或部分信息的人数占研究样本的比例。
火车沿京广线自北向南经过的重要铁路枢纽有()。
“中国的人文景观大道”是指从上海一直延伸到西藏樟木友谊桥的318国道。这条带状景观长廊,几乎整合了中国所有类型的自然景观及人文景观。这条东西向景观密集的地带,较小的自然差异表现在()。
企业经营观念是指企业在开展市场经营的过程中,在处理企业、顾客和社会三者利益方面所持的态度、思想和意识,它可以归纳为()。
最新回复
(
0
)