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Booth Try
Booth Try
Booth Try
INTRODUCTION
Since June 1847, five generations of the Booths family have led
E.H. Booth & Co. Ltd, from its humble beginnings, with just one small shop, to the present day where the company proudly boasts no fewer than 26 modern food stores
Edwin Booth's philosophy was simple Sell the best goods
Just three months later he repaid the debt and made a profit of
50
Under his eldest son Johns leadership the stores were enlarged
private company
Edwin J Booth, became executive chairman in 1999 From its beginnings as a single store in Blackpool, the company
report a growth of 4%
S.W.O.T Analysis
Strengths
Has been around for more
Weaknesses
No home delivery facility Danger of complacency
to enhance distribution
network, local sourcing
Managed to stay away from
competition
Is concentrating on only few
head-on competition
High levels of customer and
areas
employee loyalty
Opportunities
Attract the youth early on Consolidating its online
Threats
Danger of takeover Cant easily enter into
presence.
Enter the major cities
defaulting
SUBSTANTIAL
NETWORK
INVESTMENT
IN
ITS
DISTRIBUTION
2. THE COMPANY STILL REMAINS INDEPENDENT IN SPITE OF THE ONGOING THREAT OF THE BIG FOUR
Booths has been approached many times to be acquired, but
3. BOOTHS STORES ARE LOCATED PREDOMINANTLY IN MARKET TOWNS WHICH PROVIDE A LESS COMPETITIVE ENVIRONMENT
They concentrated on building its business in smaller market
towns which have a high proportion of middle class people like Blackpool, Preston etc
less competition from major supermarkets than larger towns,
cities and major suburbs, giving the company a degree of protection from supermarket-scale competition
The majority of town planners have perceived Booths to be an
independent business
Booths has won consumer loyalty by providing its customers with a tailored offering
This has given it more flexibility over its national competitors
The core customers of Booths are mainly Middle class older people
The following factors have contributed to the loyalty (both Customer
The core processes have not been changed. The focus is still on Quality
and Service
Booths stocks quality product lines to attract consumers Booths is a considerate employer. The staff are friendly and
knowledgeable
The company's product mix and style of retail have changed dramatically since the 1960s The shopping patterns have changed. It is more weekly than everyday As a result, the shelf life of products (especially food products) has increased Shopping has been made easier through initiatives such as self serving aisles and till bar code scanners
This is a key differentiating factor. Booths sources a high percentage (around 25% in 2008) of its product range from the local area
This enables it to stock unusual, high quality ranges that would not normally
the firm's carbon emissions at a faster rate than its larger rivals
Its willingness to invest in audits and other measures that the public demand
Booths has addressed the economic downturn with lower priced offerings
1. THE COMPANY HAS PROMOTED PRODUCE THAT COST ONLY
50p Price Guarantee on five different vegetables and salads every fortnight in its 26 stores
had addressed the cost issues with lower priced fresh produce
September 2008
However the main area of focus remains same for Booths
premium quality
The company's web presence is small and provides opportunities for growth
Unlike the larger UK supermarket chains, Booths has a
limited online presence. It does not offer an online shopping portal, limiting its online retail presence to the sale of wine
the company has opportunities to expand its online presence, which would provide it with the ability to compete more strongly in the current recessionary climate
1. Booths does not offer an online grocery delivery service, giving larger retailers an advantage
Booths does not offer an online grocery shopping service, unlike many of
its main supermarket rivals, with its main online website limited to providing a history of the company and current in-store deals
Rivals such as Waitrose offers two online shopping networks; one through
Ocado, which offers delivery around the UK, and a more limited Waitrose Deliver service, which only delivers to areas immediately located by its stores (mainly in the South East)
Booths could therefore offer a similar service to the latter, delivering to
customers near its stores, and in doing so could gain customer loyalty among those who do not have the time to shop in its stores
Booths could move into the specialist food market web arena
Booths has garnered praise by offering a substantial online wine
ordering service through its two sites, Booths-wine.co.uk and everywine.co.uk. Booths Wine offers wine that is sold through the company's shops, making them available for online purchase
around the UK
Booths could use its wine websites as inspiration, in order to
region
Booth believes that if they expand quicker and at a more wider
Traditional customers are middle aged Youth will be the life blood in future
to
Learning's
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