Internationalisation

Question 1

In which year did Tesco open stores in Hungary?

Answer 1

1994

Question 2

In which year did Tesco enter Poland?

Answer 2

1995

Question 3

In which year did Tesco enter the Czech Republic?

Answer 3

1996

Question 4

In which year did sainsburys buy US retailer shaws?

Answer 4

1987

Question 5

How much did Sainsbury’s pay for US retailer Shaws?

Answer 5

$287bn

Question 6

In which year did Sainsbury’s buy a 20% stake in Giant?

Answer 6

1996

Question 7

Why was Giant a good purchase?

Answer 7

One third of Washington/Baltimore market, coupled with zero debt

Question 8

Which geographical areas did Sainsbury’s represent following these ventures?

Answer 8

new Jersey and SE Pennsylvania

Question 9

In which year did Sainsbury’s plan to purchase Giant? And for how much?

Answer 9

1998, $2bn

Question 10

How much did Ahold bid for Giant, surpassing Sainsbury’s bis considerably?

Answer 10

18-20bn

Question 11

Which year did Wal Mart enter the U.S. Market?

Answer 11

1946

Question 12

Which year did Walmart open its first large store, AND, How big were these stores?

Answer 12

1962, 96000 soft

Question 13

Which year was Walmart floated on the stockmarket?

Answer 13

1970

Question 14

Walmarts super centres: how big are they and when did they first appear?

Answer 14

200,000sqft, 1988

Question 15

Name the TEN reasons why retailers may expand into international
Markets.

Answer 15

1) home market saturation
2) following a certain type of consumer - eg euro consumer
3) entrepreneurialism
4) wanting to be in a global centre for status (eg Milan)
5) search for better profit margins
6) targeting culturally similar groups of consumer - Brits abroad!
7) domestic planning restrictions
8) first mover advantage
9) capital pressures - accumulation for accumulations sake!
10) economic strongholds - emerging economies?