Tuesday, March 17, 2020
Cómo acreditar la ciudadanÃÂa por naturalización
Cà ³mo acreditar la ciudadanà a por naturalizacià ³n Los nuevos estadounidenses que obtienen la ciudadanà a por naturalizacià ³nà pueden acreditar su estatus mediante un certificado conocido como N-550. Es el documento que se entrega al finalizar la ceremonia de naturalizacià ³n con la jura de lealtad a los Estados Unidos. Tambià ©n se le conoce como certificado de naturalizacià ³n y no debe confundirse con el certificado de ciudadanà a, que es un documento distinto para otro tipo de casos. El certificado de naturalizacià ³n debe revisarse con atencià ³n en ese momento y, si hubiera algà ºn error, como un mal deletreo del nombre o del apellido o un fallo en la fecha de nacimiento o paà s de origen o en el estado civil, debe comunicarse a un oficial del Servicio de Inmigracià ³n y Ciudadanà a (USCIS, por sus siglas en inglà ©s). En ese momento podr corregirse de forma gratuita. Este certificado de naturalizacià ³n es muy importante. Ya que acredita que una persona ha dejado de ser extranjera por las autoridades de los Estados Unidos. Y, por lo tanto, se convierte en ciudadana estadounidense de pleno derecho, con todos los derechos, libertades y obligaciones.à Adems, este certificado sirve para acreditar la nacionalidad para sacar el pasaporte estadounidense y como documento que pruebe al llenar el I-9 que se tiene derecho a trabajar en Estados Unidos. En este artà culo se explican cules son las caracterà sticas del certificado de naturalizacià ³n, que est prohibido hacer con à ©l, cules son los consejos que deben seguirse en su custodia, quà © debe hacerse si se extravà a o deteriora y, finalmente, derechos de los nuevos ciudadanos que deciden irse a vivir definitivamente o por largas temporadas a otro paà s. Caracterà sticas fà sicas del certificado de naturalizacià ³n N-550 En la actualidad este documento cuenta con importantes medidas de seguridad que dificultan su falsificacià ³n. Por ejemplo, la foto del nuevo ciudadano aparece digitalizada, la firma forma parte intrà nseca del certificado y la tinta con la que se imprime cambia de color. Todas estas caracterà sticas hacen que ahora sea muy difà cil adulterar, falsificar o manipular el documento. Destacar que los certificados anteriores a 2010, que carecen de esas caracterà sticas, siguen siendo vlidos. Pero debido a caracterà sticas como tener la foto del interesado simplemente pegada y su firma escrita a mano hacen que no sean tan seguros como los actuales. Por este motivo, se recomienda que se tomen especiales medidas para tenerlo siempre en un lugar seguro para evitar que pueda caer en manos criminales. Prohibicià ³n de fotocopiar el certificado de naturalizacià ³n y excepcià ³n Este certificado es mucho ms que un simple papel. Su titular es ciudadano de Estados Unidos, con todos los derechos que eso conlleva. Y precisamente para evitar que se pueda hacer uso fraudulento del mismo, se considera que es ilegal fotocopiarlo. Sin embargo, hay una excepciones a esta regla general. Y es que seà puede fotocopiar cuando el propio USCIS u otra oficina del gobierno es quien solicita una copia. Por ejemplo, cuando el nuevo ciudadano solicita una visa para su prometido o novia, o cuando pide una green card para un familiar. Aà ºn en estos casos, algunos abogados recomiendan que la fotocopia se haga en blanco y negro y que en la parte blanca del margen se anote This is a copy for USCIS purposes. Tambià ©n se puede fotocopiar cuando sea otro organismo oficial del gobierno quien realiza la peticià ³n. En algunas ceremonias de naturalizacià ³n, los agentes del USCIS seà ±alan que el certificado sà se puede fotocopiar pero sà ³lo en blanco y negro y sà ³lo para que su titular lo guarde y lo utilice como una herramienta para tener tranquilidad mental. Es decir, saber que tiene una copia si el original se pierde. (Pero la copia no puede nunca ser utilizada para ninguna gestià ³n oficial excepto en los dos casos arriba aludidos). En ningà ºn caso se puede fotocopiar y enviar la copia a una empresa privada o entregarla a familiares, amigos o vecinos. Consejos para el mantenimiento del Certificado de naturalizacià ³n Procurarà no doblar el certificado. Con el paso del tiempo podrà a hacer que partes del documento se hagan difà ciles de leer. No enmarcar el certificado. Las oficinas del gobierno sà ³lo lo pueden aceptar como documento si no est enmarcado. Es necesario poder tocar el certificado.Si tiene que ir a la Embajada o al consulado de su paà s de nacimiento para registrar la ciudadanà a estadounidense y asà conservar la original, no permitirà que marquen, grapen o escriban en el certificado. Si lo hacen, el certificado se considera daà ±ado y habr que pedir uno nuevo al USCIS (instrucciones ms abajo). Quà © hacer si se necesita obtener una nueva copia del certificado de naturalizacià ³n Puede suceder que el certificado sufra daà ±os, se extravà e o, incluso, que se cambie de nombre por matrimonio, divorcio u otra razà ³n. En estos casos se puede solicitar que el USCIS emita un nuevo certificado rellenando el formulario N-565. La tarifa actual que hay que pagar es de $345 por la gestià ³n (verificar siempre el importe, a que puede variar sin previo aviso).à Si se est pasando por una à ©poca de dificultades econà ³micas, podrà a ser posible, si se cumplen los requisitos, aplicar para no tener que pagar estar tarifa al USCIS En ese enlace se puede acceder siempre a formulario actualizado, a informacià ³n al dà a sobre costo por enviar esta solicitud y a quà © oficina del USCIS se debe enviar, dependiendo del lugar en el que se reside. El USCIS entregar el nuevo certificado al titular en persona, a su representante legal o utilizar correo certificado o registrado. Si la razà ³n por la que se pide el nuevo certificado es que el original se ha daà ±ado, antes de recibir el nuevo hay que entregar, obligatoriamente, lo que quede del daà ±ado. El certificado de naturalizacià ³n reemplazado recibe el nombre tà ©cnico de N-570. A tener en cuenta cuando el ciudadano se muda a otro paà s Ahora que ya se es ciudadano,se puede pasar largas temporadas en otro paà s o mudarte definitivamente al extranjero sin perder nunca el estatus de ciudadano por el mero hecho de vivir en otro paà s. En estos casos es importante saber cà ³mo se transmite la nacionalidad por sangre a losà hijos nacidos en el extranjero. Asimismo, es importante saber quà © derechos de jubilacià ³n se tiene u otros como votar en las elecciones presidenciales. Por otra parte, no olvidar que se siguen teniendo obligaciones, comoà seguir pagando impuestos en Estados Unidos. Este es un artà culo informativo. No es asesorà a legal.
Sunday, March 1, 2020
Common Chemicals and Where to Find Them
Common Chemicals and Where to Find Them This is a list of common chemicals and where you can find them or how you can make them. Key Takeaways: Locate Common Chemicals Many ordinary household products consist of relatively pure elements and compounds.If you have trouble locating a chemical, check for both its common name and its chemical name. For example, table salt is sodium chloride and saltpeter is potassium nitrate.Read labels to see whether additional compounds have been added. Impurities can have a significant effect on projects. acetic acid (CH3COOH H2O)Weak acetic acid (~5%) is sold in grocery stores as white vinegar. acetone (CH3COCH3)Acetone is found in some nail polish removers and some paint removers. It may sometimes be found labelled as pure acetone. aluminum (Al)Aluminum foil (grocery store) is pure aluminum. So is the aluminum wire and aluminum sheeting sold at a hardware store. aluminum potassium sulfate (KAl(SO4)212H2O)This is alum that is sold at a grocery store. ammonia (NH3)Weak ammonia (~10%) is sold as a household cleaner. ammonium carbonate [(NH4)2CO3]Smelling salts (drug store) are ammonium carbonate. ammonium hydroxide (NH4OH)Ammonium hydroxide may be prepared by mixing household ammonia (sold as a cleaner) and strong ammonia (sold in some pharmacies) with water. ascorbic acid (C6H8O6)Ascorbic acid is vitamin C. It is sold as vitamin C tablets in the pharmacy. borax or sodium tetraborate (Na2B4O7 * 10H2O)Borax is sold in solid form as a laundry booster, all-purpose cleaner and sometimes as an insecticide. boric acid (H3BO3)Boric acid is sold in pure form as a powder for use as a disinfectant (pharmacy section) or insecticide. butane (C4H10)Butane is sold as lighter fluid. calcium carbonate (CaCO3)Limestone and calcite are calcium carbonate. Eggshells and seashells are calcium carbonate. calcium chloride (CaCl2)Calcium chloride can be found as a laundry booster or as a road salt or de-icing agent. If you are using the road salt, be sure it is pure calcium chloride and not a mixture of various salts. Calcium chloride is also the active ingredient in the moisture absorbing product DampRid. calcium hydroxide (Ca(OH)2)Calcium hydroxide is sold with garden supplies as slaked lime or garden lime to reduce soil acidity. calcium oxide (CaO)Calcium oxide is sold as quicklime at builder supply stores. calcium sulfate (CaSO4 * H2O)Calcium sulfate is sold as plaster of Paris in craft stores and building supply stores. carbon (C)Carbon black (amorphous carbon) can be obtained by collecting soot from the complete burning of wood. Graphite is found as pencil lead. Diamonds are pure carbon. carbon dioxide (CO2)Dry ice is solid carbon dioxide, which sublimates into carbon dioxide gas. Several chemical reactions evolve carbon dioxide gas, such as the reaction between vinegar and baking soda to form sodium acetate. copper (Cu)Uncoated copper wire (from a hardware store or electronics supply store) is extremely pure elemental copper. copper(II) sulfate (CuSO4) and copper sulfate pentahydrateCopper sulfate may be found in certain algicides (Bluestoneâ⠢) at pool supply stores and sometimes in garden products (Root Eaterâ⠢). Be sure to check the product label, since many different chemicals may be used as algicides. helium (He)Pure helium is sold as a gas. If you only need a little, simply purchase a helium-filled balloon. Otherwise, gas supplies usually carry this element. iron (Fe)Iron skillets are made of elemental iron. You can also pick up iron filings by running a magnet through most soils. lead (Pb)Elemental lead metal is found in lead fishing weights. magnesium sulfate (MgSO4 * 7H2O)Epsom salts, usually sold at a pharmacy, are magnesium sulfate. mercury (Hg)Mercury is used in some thermometers. It is more difficult to find than in the past, but many home thermostats still use mercury. naphthalene (C10H8)Some mothballs are pure naphthalene, though check the ingredients since others are made using (para)dichlorobenzene. propane (C3H8)Propane as sold as a gas barbecue and blow torch fuel. silicon dioxide (SiO2)Silicon dioxide is found as clean sand, which is sold at garden and building supply stores. Broken glass is another source of silicon dioxide. potassium chloridePotassium chloride is found as ââ¬â¹lite salt. sodium bicarbonate (NaHCO3)Sodium bicarbonate is baking soda, which is sold in grocery stores. sodium chloride (NaCl)Sodium chloride is sold as table salt. Look for the uniodized variety of salt. sodium hydroxide (NaOH)Sodium hydroxide is a strong base that may sometimes be found in solid drain cleaner. The pure chemical is waxy white solid, so if you see other colors in the product, expect that it contains impurities. sodium tetraborate decahydate or borax (Na2B4O7 * 10H2O)Borax is sold in solid form as a laundry booster, all-purpose cleaner and sometimes as an insecticide. sucrose or saccharose (C12H22O11)Sucrose is ordinary table sugar. White granulated sugar is your best bet. There are additives in confectioners sugar. If the sugar is not clear or white then it contains impurities. sulfuric acid (H2SO4)Car battery acid is about 40% sulfuric acid. The acid can be concentrated by boiling it, though it may be heavily contaminated with lead, depending on the state of the batterys charge when the acid was collected. zinc (Zn)Zinc blocks may be sold by some electronics supply stores for use as anode. Zinc sheets may be sold as roof flashing at some building supply stores.
Thursday, February 13, 2020
Analytical Summaries Essay Example | Topics and Well Written Essays - 1000 words
Analytical Summaries - Essay Example However, author Carey, reduces the intensity of his convincing the readers. The author admits that playing a violent video game may not the exclusive reason for the violent crimes. Other factors may have triggered the violent game players to commit felonies and possibly heinous crimes. It just happened that the youth criminals were violent video game enthusiasts. In some areas, statistics show that an increase in the sale of violent video games showed a decline in the actual crime statistics. To avoid committing crimes, the youth vented their anger or grievances on the video game characters, not on real persons. Author Carey uses several evidences to convincingly support his proposed assertions. Initially, the author uses actual examples to bring his point. The Columbine High School students are purported to act out the fantasy video gamesââ¬â¢ shooting scenes within the school premises, killing several students and adults. The video gamer acted out the fantasy shooting scenes by killing the Aurora, Colorado Movie audiences. Next, author Carey uses the findings of social research scientists to persuade the readers. One research affirms violent video games can stir up influentially mild aggressive behavior immediately after playing the games. However, the hostile urges are classified as short term consequences of violent video games. The scientistsââ¬â¢ researches validly show shooting video games bring out avoidable hostile personalities among the gamers. Finally, author Carey discusses an experiment to convince the skeptics. The experiment focuses on 47 student respondents. They play Mortal Kombat for an estimated 14 minutes. Compared to the non-gamers, the findings proved the students playing the video game were more hostile. However, author Carey insists that the above discussion is not conclusive. Other factors may contribute or aggravate the youthsââ¬â¢ engaging in crimes or
Saturday, February 1, 2020
Is Knowledge Closed Under Known Entailment Essay
Is Knowledge Closed Under Known Entailment - Essay Example This entails the skeptic hypothesis of falsity approach that suggests that such thoughts are false. The truth is that a person is a handless brain in a vat making all his experiences hallucinations. The falsity entailed within the skeptical hypotheses would be known by virtue of the fact that under the knowledge entailment is being closed. Since the skeptical hypothesis of falsity cannot be known as the skeptics support, the common sense truth must also not be known, which suggests that a person has hands. The anti-skeptics alternatively centralize around the possibility of the failure of people to be aware of the common sense truth proposition, and therefore, in the closure principle virtue, people can become aware of the entailed falsity within the approach of the skeptics. Although anti-skeptics sometimes use the closure principle, some view the closure rejection as the key to the skepticââ¬â¢s reputation. The following case argument based on Fred Dretske work will help give a supposed closure counter example. At the zoo, Joe goes to a cage marked zebra. He looks at the caged stripped animal and believes it is a zebra. It seems, in fact, that Joe knows they are zebras. For the animal to be a zebra, then it cannot be a mule that has been cleverly disguised. Joe know what a zebra is, he is aware of this fact as well, which leaves the question if he knows that the animal right in front of him is not a mule, would that have been cleverly disguised? Dretske says, it does not and suggests that this answer is intuitive.
Friday, January 24, 2020
Approaches towards Management :: essays research papers
In the early days of the Union Pacific Railroad there really wasnââ¬â¢t really a manageable approach. The means of delivery were mostly by train and Union Pacific was one who provided services. There really wasnââ¬â¢t much of a manageable approach back then, when all you had was a small fleet of trains going across the country delivering goods. Managing wasnââ¬â¢t really something organization thought of, they were in it for the money. If you were an employee of UP such as an engineer you basically got a set of directions from your boss and were off until you arrived at your final destination. Over time these approaches have changed. Approaches such as the classical, human resource and quantitative have all helped UP get from an average company to an excellent company. By using these approaches UP changed into a goal setting organization. à à à à à Throughout the Industrial revolution different theories of management were brought up, one being the classical approach. The classical approach was a theory which strived to improve the productivity of operative personnel. With the help of guys like Taylor, the Gilbreths, Fayol, and Weber efficiency increased. During this early time many organizations were very inefficient, where activities were unplanned and unorganized. There were also no real plans, managers really didnââ¬â¢t know what to do besides run the business. UP Railroad was a company who was there to do was to perform services to their customers and that was it. There were no real goals managers could try to strive to, because they had no goals. In and around this time when UP was just established many were doing the same job over and over for very low wages, while certainly not knowing what they were getting into. à à à à à So for years many managers of UP and other organizations didnââ¬â¢t have an efficient plan, while continuing to live by a low standard of living. This is until guys like Taylor and Gilbreth can along. Taylor spent months trying to figure out one way an organization could use one best way to do a specific job instead of everyone doing the same job at once. At UP being more efficient would lower prices and increase wages. As Taylor found a way to be more efficient, Gilbreth also was finding his own ways to being efficient. Best known for his bricklaying technique, Gilbreth also helped revolutionalize efficient work. With their help, organizations like UP could be more efficient, while helping there employees raise the standard of living.
Thursday, January 16, 2020
Food Retail in Europe
INDUSTRY PROFILE Food Retail in Europe Reference Code: 0201-2058 Publication Date: June 2010 www. datamonitor. com Datamonitor USA 245 Fifth Avenue 4th Floor New York, NY 10016 USA t: +1 212 686 7400 f: +1 212 686 2626 e: [emailà protected] com Datamonitor Europe 119 Farringdon Road London EC1R 3DA United Kingdom t: +44 20 7551 9000 f: +44 20 7675 7500 e: [emailà protected] com Datamonitor Middle East and North America Datamonitor PO Box 24893 Dubai, UAE t: +49 69 9754 4517 f: +49 69 9754 4900 e: [emailà protected] datamonitor. om Datamonitor Asia Pacific Level 46, 2 Park Street Sydney, NSW 2000 Australia t: +61 2 8705 6900 f: +61 2 8705 6901 e: [emailà protected] com Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 1 EXECUTIVE SUMMARY EXECUTIVE SUMMARY Market value The European food retail industry grew by 8. 5% in 2009 to reach a value of $1,663. 1 billion. Market value foreca st In 2014, the European food retail industry is forecast to have a value of $2,477. billion, an increase of 49% since 2009. Market segmentation I Hypermarkets, supermarkets, and discounters sales proved the most lucrative for the European food retail industry in 2009, with total revenues of $798. 5 billion, equivalent to 48% of the industry's overall value. Market segmentation II Germany accounts for 14. 1% of the European food retail industry value. Market rivalry The industry is becoming consolidated with large chain supermarkets or hypermarkets wielding more power over smaller specialty, luxury or organic food outlets. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 2 CONTENTS TABLE OF CONTENTS EXECUTIVE SUMMARY MARKET OVERVIEW Market definition Research highlights Market analysis MARKET VALUE MARKET SEGMENTATION I MARKET SEGMENTATION II FIVE FORCES ANALYSIS Summary Buyer power Supplier power New entrants Substitutes Rivalry LEADING COMPANIES Metro AG Carrefour S. A. Lidl Dienstleistung Tesco PLC MARKET FORECASTS Market value forecast APPENDIX Methodology Industry associations Related Datamonitor research Disclaimer 2 7 7 8 9 10 11 12 13 13 15 17 18 19 20 21 21 25 29 30 34 34 35 35 36 36 37 Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 3 CONTENTS ABOUT DATAMONITOR Premium Reports Summary Reports Datamonitor consulting 38 38 38 38 Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 201 ââ¬â 2058 ââ¬â 2009 Page 4 CONTENTS LIST OF TABLES Table 1: Table 2: Table 3: Table 4: Table 5: Table 6: Table 7: Table 8: Table 9: Table 10: Table 11: Table 12: Table 13: Table 14: Table 15: Table 16: Table 17: Europe food retail industry value: $ billion, 2005ââ¬â09(e) Europe food retail industry segmentation I:% share, by value, 2009(e) Europe food retail industry segmentation II: % share, by v alue, 2009(e) Metro AG: key facts Metro AG: key financials ($) Metro AG: key financials (â⠬) Metro AG: key financial ratios Carrefour S. A. : key facts Carrefour S. A. : key financials ($) Carrefour S. A. : key financials (â⠬) Carrefour S. A. : key financial ratios Lidl Dienstleistung: key facts Tesco PLC: key facts Tesco PLC: key financials ($) Tesco PLC: key financials (? ) Tesco PLC: key financial ratios Europe food retail industry value forecast: $ billion, 2009ââ¬â14 10 11 12 21 22 22 23 25 27 27 27 29 30 31 31 32 34 Europe ââ¬â Food Retail Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 5 CONTENTS LIST OF FIGURES Figure 1: Figure 2: Figure 3: Figure 4: Figure 5: Figure 6: Figure 7: Europe food retail industry value: $ billion, 2005ââ¬â09(e) Europe food retail industry segmentation I:% share, by value, 2009(e) Europe food retail industry segmentation II: % share, by value, 2009(e) Forces driving ompetition in the food retail industry in Europe, 2009 Drivers of buyer power in the food retail industry in Europe, 2009 Drivers of supp lier power in the food retail industry in Europe, 2009 Factors influencing the likelihood of new entrants in the food retail industry in Europe, 2009 Factors influencing the threat of substitutes in the food retail industry in Europe, 2009 Drivers of degree of rivalry in the food retail industry in Europe, 2009 Metro AG: revenues & profitability Metro AG: assets & liabilities Carrefour S. A. : revenues & profitability Carrefour S. A. : assets & liabilities Tesco PLC: revenues & profitability Tesco PLC: assets & liabilities Europe food retail industry value forecast: $ billion, 2009ââ¬â14 10 11 12 13 15 17 18 19 20 23 24 28 28 32 33 34 Figure 8: Figure 9: Figure 10: Figure 11: Figure 12: Figure 13: Figure 14: Figure 15: Figure 16: Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 6 MARKET OVERVIEW MARKET OVERVIEW Market definition The food retail market includes the retail sales of all food products, both packaged and unpackaged, as well as beverages (including retail sales of all alcoholic and non-alcoholic beverages). All on-trade sales of food and beverage are excluded. All currency conversions are calculated at constant average 2009 exchange rates. For the purposes of this report, Europe consists of Western Europe and Eastern Europe. Western Europe comprises Belgium, Denmark, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden, and the United Kingdom. Eastern Europe comprises the Czech Republic, Hungary, Poland, Romania, Russia, and Ukraine. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 7 MARKET OVERVIEW Research highlights The European food retail industry had total revenue of $1,663. 1 billion in 2009, representing a compound annual growth rate (CAGR) of 7. 4% for the period spanning 2005-2009. Hypermarkets, supermarkets, and discounters sales proved the most lucrative for the European food retail industry in 2009, with total revenues of $798. 5 billion, equivalent to 48% of the industry's overall value. The performance of the industry is forecast to accelerate, with an anticipated CAGR of 8. % for the fiveyear period 2009-2014, which is expected to drive the industry to a value of $2,477. 4 billion by the end of 2014. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 8 MARKET OVERVIEW Market analysis The European food ret ail industry has experienced very strong growth in recent years and the forecast is for this to gently accelerate towards 2014. The European food retail industry had total revenue of $1,663. 1 billion in 2009, representing a compound annual growth rate (CAGR) of 7. 4% for the period spanning 2005-2009. In comparison, the German and UK industries grew with CAGRs of 2. 1% and 4. 2% respectively, over the same period, to reach respective values of $234. 8 billion and $186. 1 billion in 2009. Hypermarkets, supermarkets, and discounters sales proved the most lucrative for the European food retail industry in 2009, with total revenues of $798. 5 billion, equivalent to 48% of the industry's overall value. In comparison, convenience stores and gas stations generated sales of $381. 3 billion in 2009, equating to 22. 9% of the industry's aggregate revenues. The performance of the industry is forecast to accelerate, with an anticipated CAGR of 8. % for the fiveyear period 2009-2014, which is expected to drive the industry to a value of $2,477. 4 billion by the end of 2014. Comparatively, the German and UK industries will grow with CAGRs of 2. 5% and 3. 4% respectively, over the same period, to reach respective values of $265. 5 billion and $219. 4 billion in 2014. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 9 MARKET VALUE MARKET VALUE The European food retail industry grew by 8. 5% in 2009 to reach a value of $1,663. 1 billion. The compound annual growth rate of the industry in the period 2005ââ¬â09 was 7. 4%. Table 1: Year 2005 2006 2007 2008 2009(e) CAGR: 2005ââ¬â09 Source: Datamonitor Europe food retail industry value: $ billion, 2005ââ¬â09(e) $ billion 1,248. 6 1,321. 6 1,412. 4 1,533. 3 1,663. 1 â⠬ billion 897. 9 950. 4 1,015. 8 1,102. 7 1,196. 1 % Growth 5. 8 6. 9 8. 6 8. 5 7. 4% DATAMONITOR Figure 1: Europe food retail industry value: $ billion, 2005ââ¬â09(e) Source: Datamonitor DATAMONITOR Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 10 MARKET SEGMENTATION I MARKET SEGMENTATION I Hypermarket, Supermarket, & Discounters is the largest segment of the food retail industry in Europe, accounting for 48% of the industry's total value. The convenience stores & gas stations segment accounts for a further 22. 9% of the industry. Table 2: Category Hypermarket, Supermarket, & Discounters Convenience Stores & Gas Stations Food and Drinks Specialists Drug Stores & Health and Beauty Stores Cash & Carries & Warehouse Clubs Other Total Source: Datamonitor Europe food retail industry segmentation I:% share, by value, 2009(e) % Share 48. 0% 22. 9% 14. 9% 3. 4% 1. 4% 9. 4% 100% DATAMONITOR Figure 2: Europe food retail industry segmentation I:% share, by value, 2009(e) Source: Datamonitor DATAMONITOR Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 11 MARKET SEGMENTATION II MARKET SEGMENTATION II Germany accounts for 14. 1% of the European food retail industry value. France accounts for a further 13. 5% of the European industry. Table 3: Category Germany France Italy United Kingdom Spain Rest of Europe Total Source: Datamonitor Europe food retail industry segmentation II: % share, by value, 2009(e) % Share 14. % 13. 5% 12. 2% 11. 2% 7. 8% 41. 1% 100% DATAMONITOR Figure 3: Europe food retail industry segmentation II: % share, by value, 2009(e) Source: Datamonitor DATAMONITOR Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 12 FIVE FORCES ANALYSIS FIVE FORCES ANALYSIS The food retail market will be analyzed taking supermarkets, hypermarkets and specialist retailers as players. The key buyers will be taken as end-consumers, and food manufacturers, farmers, agricultural co-operatives as the key suppliers. Summary Figure 4: Forces driving competition in the food retail industry in Europe, 2009 Source: Datamonitor DATAMONITOR The industry is becoming consolidated with large chain supermarkets or hypermarkets wielding more power over smaller specialty, luxury or organic food outlets. In our analysis of the global food retail industry, retailers such as supermarkets, hypermarkets, and specialist outlets, will be taken as industry players and end-consumers will be understood as buyers. With a range of different players within the industry, the size and financial strength of each varies accordingly. With consumers generally facing no substantial switching costs, this buyer mobility forces larger retailers to maintain attractive pricing schemes. Specialist, luxury, or organic retailers do not face the same price sensitivity due to the unique level of product differentiation, yet due to the nature of such products, they exist more as niche markets and are not able to secure a large volume of consumers. Specialist outlets may have no choice but to commit to long term supplier contracts in order to secure a steady supply of quality or specially prepared products. Whereas, supermarkets and hypermarkets have a higher number of options and can hold looser relationships with a larger number of suppliers. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 13 FIVE FORCES ANALYSIS Where branded products attract loyal consumers, the distribution channel for manufacturers is protected and retailers face pressure to stock the popular items. With established supermarkets and hypermarkets present, potential new entrants may struggle to compete with aggressive marketing and pricing policies. Nonetheless, relatively low entry and exit costs within the industry and the emergence of thriving health and ethical niches offer examples of possible niches in which new entrants may flourish sheltered from direct competition with current players. Food service (takeaways, vendors and restaurants) can be seen as a substitute to food retail products however for the vast majority of people it currently exists as an occasional accompaniment rather than a wholesale alternative. Subsistence farming is a more direct substitute, sometimes replacing standard retail behavior outright, yet it is no longer common. The absence of switching costs for consumers ensures a competitive climate within the food retail industry. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 14 FIVE FORCES ANALYSIS Buyer power Figure 5: Drivers of buyer power in the food retail industry in Europe, 2009 Source: Datamonitor DATAMONITOR Retailers range widely in size with large chain supermarkets or hypermarkets such as Tesco and Metro AG wielding power over smaller specialty, luxury or organic food outlets whose grip on the industry is significant but currently limited. Accordingly, the financial muscle of industry players differs depending on the type of player. The sheer volume of potential customers in key areas of the food retail industry diminishes the standing of any individual customer. The revenue generated by any particular consumer is minimal, but collectively they represent wider consumer interests and retailers cannot afford to disregard the sensitivities of buyers. Price and convenience are two central concerns however they are not necessarily the principle factors. A rise in health consciousness has driven a growing demand for nutritional quality in food products. The culture of convenience now faces the challenge of a counter-trend in which a shift back towards fresh, simple or traditionally prepared foods undermines the retail position of frozen foods and similar products. The emergence and development of ethical niches adds further momentum to this movement within the industry. The response of food retailers must accommodate such diverse interests. A number of retailers operate incentive schemes for frequent shoppers and this can help secure customer retention. By discouraging movement across retail outlets, consumer mobility is reduced and, in the long term, buyer power can be weakened. Although high brand recognition does not automatically translate into consumer loyalty, if it is supported by a product range in which popular food products are central, the retailer can Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 15 FIVE FORCES ANALYSIS often draw indirectly on the loyalty base that manufacturers have established. Specialty, luxury or organic retailers can, due to the high level of product differentiation, justify price levels that would otherwise be unsustainable yet the limited volume of consumers places restraints on the power of such players. Buyer power overall is moderate. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 16 FIVE FORCES ANALYSIS Supplier power Figure 6: Drivers of supplier power in the food retail industry in Europe, 2009 Source: Datamonitor DATAMONITOR Suppliers to the food retail industry include food manufacturers, farmers, and agricultural co-operatives. In order to ensure stability and offset the dangers of local sourcing problems or price fluctuations, large retail companies often maintain relationships with a wide range of suppliers. This diffuses dependency, minimizing the risks to retailers and strengthening their standing in relation to their suppliers. Long term contractual obligations are avoided where possible, and switching costs kept to a minimum. With a firm hold on key distribution channels, the leading retailers can dominate negotiations with certain suppliers. This is often difficult for smaller retailers such as specialist, luxury or organic outlets. The limited number of suppliers in niche areas and the centrality of product quality or preparation type limitââ¬â¢s the available range of sourcing options. With switching costs subsequently higher, the balance of power shifts somewhat from smaller retailers to specialist suppliers. Whilst the need to satisfy consumer demand for popular products bolsters manufacturers, many others face the problem of a high degree of retailer mobility as they switch suppliers in accordance with pricing pressures. The position of many large retail companies has also been strengthened internally with a surge of own brand products sidelining certain suppliers. Suppliers who are able to differentiate their product can wield some power over retailers, should their product be popular with the end consumer. Supplier power overall is moderate. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 17 FIVE FORCES ANALYSIS New entrants Figure 7: Factors influencing the likelihood of new entrants in the food retail industry in Europe, 2009 Source: Datamonitor DATAMONITOR Large-scale, established retailers hold a natural advantage in operating businesses that benefit significantly from economies of scale, employing aggressive pricing schemes that cannot be matched by smaller retailers. Strong branding exercises and fast paced expansion deepen this asymmetry. Nevertheless, large retailers are not invulnerable to the threat of new entrants. Exit and entry costs within the industry are relatively low, encouraging potential entrants. The rapid growth of health consciousness and a swell of ethical goods form attractive avenues for new entrants seeking to move into a niche area that offers inbuilt protection from pricing pressures and mainstream marketing. Given the presence of many large-scale retailers, and the security of heavy branding, direct head-to-head competition is extremely difficult for new retailers. Strong growth makes the market attractive to prospective new entrants. Overall, the threat of new entrants is moderate. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 18 FIVE FORCES ANALYSIS Substitutes Figure 8: Factors influencing the threat of substitutes in the food retail industry in Europe, 2009 Source: Datamonitor DATAMONITOR The chief alternative to food retail is food service. Supported by strong marketing campaigns in the case of fast food companies, and cultural traditions with respect to sit-down restaurants, both types represent a relevant alternative for many consumers. However, for the vast majority of people, these accompany food retail rather than replace it. A more direct substitute is found in subsistence agriculture in which individuals or families farm food to provide for their own personal needs. This is no longer common, however, since the emergence of market capitalism and the impact of this substitute on food retail is fractional. Environmental concerns, increasing health consciousness, and fears over political or economic instability may, in the long term, give this substitute a more significant role. However, it is unlikely to threaten food retailers in the foreseeable future being both labor intensive and often involving considerable start-up capital. The threat from substitutes is weak to moderate. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 19 FIVE FORCES ANALYSIS Rivalry Figure 9: Drivers of degree of rivalry in the food retail industry in Europe, 2009 Source: Datamonitor DATAMONITOR Competition is often fierce within the food retail industry. The lack of substantial switching costs for consumers places pressure on retailers to secure their custom and loyalty. The limited level of differentiation across the basic product range pushes larger retailers into competitive pricing policies. The close similarity of players increases rivalry as they attempt to differentiate themselves through products and price to attract customers. Whilst some companies operate in other industries and can absorb the temporary impact of declining food sales, or high supply prices, for many, ood retail lies at the heart of the business. This basic dependency gives rise to aggressive competition. Rivalry is strong overall. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 20 LEADING COMPANIES LEADING COMPANIES Metro AG Table 4: Metro AG: key facts Schluterstrasse 1, 40235 Dusseldorf, DEU 49 211 6886 4252 49 211 6886 2001 www. metrogroup. de December MEO G Frankfurt DATAMONITOR Head office: Telephone: Fax: Website: Financial year-end: Ticker: Stock exchange: Source: company website Metro Group (Metro) is a German trade and retail company organized into independent sales divisions. The group operates 2,195 outlets with approximately 12,350,000 square meters of selling space. It has a presence in 33 countries in Western Europe, Eastern Europe, Asia and Africa. The company employs around 300,000 people. Metro operates in four business segments: Metro Cash & Carry, Real, Media Markt and Saturn and Galeria Kaufhof. Metro Cash & Carry is engaged in cash and carry wholesaling. Operating under the brands of Metro and Makro, it is the group's biggest sales division. Metro Cash & Carry's assortment of products is aimed at commercial and wholesale customers. It operates 665 stores in 30 countries. Real offers a range of food products and an assortment of non-food items. The selling space of the Real stores ranges from 5,000 to 15,000 square meters, with store assortments including up to 80,000 items. Real is based on a large-format hypermarket concept and operates 333 hypermarkets in Germany and 108 stores in Poland, Romania, Russia, Turkey and the Ukraine. Media Markt and Saturn sell consumer electronics across Europe. Galeria Kaufhof operates a chain of department stores in Germany and Belgium. The department stores offer modern lifestyle apparels for men and women and are present in shopping areas and downtown centers. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 21 LEADING COMPANIES In addition to these divisions, Metro provides real estate management services through its subsidiary, Metro Group Asset Management. The company oversees more than 750 properties totaling eight million square meters of commercial space worldwide. It also operates more than 70 shopping centers. Key Metrics The company recorded revenues of $91,119 million in the fiscal year ending December 2009, a decrease of 3. 6% compared to fiscal 2008. Its net income was $722 million in fiscal 2009, compared to a net income of $776 million in the preceding year. Table 5: $ million Metro AG: key financials ($) 2005 77,482. 1 902. 4 40,000. 8 32,613. 0 246,875 2006 83,266. 6 1,658. 9 44,702. 2 36,293. 7 263,794 2007 89,461. 3 1,366. 9 47,099. 4 38,048. 6 275,520 2008 94,493. 6 775. 9 47,034. 0 38,941. 3 290,940 2009 91,118. 8 721. 7 46,814. 3 46,814. 286,091 Revenues Net income (loss) Total assets Total liabilities Employees Source: company filings DATAMONITOR Table 6: â⠬ million Metro AG: key financials (â⠬) 2005 55,722. 0 649. 0 28,767. 0 23,454. 0 2006 59,882. 0 1,193. 0 32,148. 0 26,101. 0 2007 64,337. 0 983. 0 33,872. 0 27,363. 0 2008 67,956. 0 558. 0 33,825. 0 28,005. 0 2009 65,529. 0 519. 0 33,667. 0 33,667. 0 Revenues Net in come (loss) Total assets Total liabilities Source: company filings DATAMONITOR Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 22 LEADING COMPANIES Table 7: Ratio Metro AG: key financial ratios 2005 1. 2% 4. 2% 1. 5% (0. 2%) 81. 5% 2. 3% $313,851 $3,655 2006 2. 0% 7. 5% 11. 8% 11. 3% 81. 2% 3. 9% $315,650 $6,289 2007 1. 5% 7. 4% 5. 4% 4. 8% 80. 8% 3. 0% $324,700 $4,961 2008 0. 8% 5. 6% (0. 1%) 2. 3% 82. 8% 1. 6% $324,787 $2,667 2009 0. 8% (3. 6%) (0. 5%) 20. 2% 100. 0% 1. 5% $318,496 $2,523 Profit margin Revenue growth Asset growth Liabilities growth Debt/asset ratio Return on assets Revenue per employee Profit per employee Source: company filings DATAMONITOR Figure 10: Metro AG: revenues & profitability Source: company filings DATAMONITOR Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 23 LEADING COMPANIES Figure 11: Metro AG: assets & liabilities Source: company filings DATAMONITOR Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 24 LEADING COMPANIES Carrefour S. A. Table 8: Carrefour S. A. : key facts 26 quai Michele, TSA 20016, 92695 Levallois-Perret Cedex, FRA 33 1 55 63 39 00 www. carrefour. com December CA Paris DATAMONITOR Head office: Telephone: Website: Financial year-end: Ticker: Stock exchange: Source: company website Carrefour is one of the leading grocery and consumer goods distribution groups in the world. The group operates more than 15,000 stores. Carrefour's primary grocery formats includes hypermarkets, supermarkets, hard discount and convenience stores. Carrefour primarily organizes its business segments based on geographic presence: France; Europe excluding France; Asia; and Latin America. In addition, the group's business operation can be segmented on the basis of its store formats (as mentioned in the previous paragraph). Carrefour is the leading hypermarket retailer in the world. The group operates about 1,302 hypermarket stores across the world, of which 228 hypermarkets are in France, 494 in European countries outside France, 288 in Latin America, and 292 in Asia. In Brazil, the group operates its hypermarket business under the Atacadao brand name; these hypermarkets offer a range of competitively priced companyowned and branded products in both food and non-food categories. In addition, the hypermarkets also offer services like insurance, financial services, home computer support, travel and entertainment reservations and mobile phones. The group operates approximately 2,919 supermarket stores in 11 countries under the banners Carrefour Express, Carrefour market, GB, GS and Champion. The supermarkets offer a wide selection of mostly food products and some non-food products related to apparel, culture and leisure, and tableware. Carrefour's hard discount segment, Dia, operates about 6,252 hard discount stores in Spain, France (under Ed and Dia brands), Portugal (under Minipreco brand), Greece, Turkey, Argentina, Brazil and China. The group's hard discount stores offer a range of food, basic health, and cleaning products at discounted rates. Europe ââ¬â Food Retail Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 25 LEADING COMPANIES The group's other activities comprise convenience stores, cash and carry foodservice stores, and ecommerce retail format. Carrefour operates about 4,813 convenience stores and 144 cash and carry stores. Convenience stor es are mainly operated by the franchisees under the banners Marche Plus, Shopi, 8 a Huit and Proxi in France; DiperDi in Italy; Carrefour Express and Carrefour GB in Belgium; Carrefour 5 Minut stores in Poland; Carrefour City stores in Spain; and Carrefour Convenient Buy in Thailand. These stores primarily offer a wide selection of food products; these also offer a range of services such as home delivery, dry cleaning, 48-hour photo development, ticket distribution, photocopying, stamps and newspapers. Cash and carry foodservice stores provide wholesale and retail self-service mainly intended for businesses. Carrefour operates cash and carry foodservice stores under the trade name Promocash. Most of the cash and carry stores are operated by franchisees. In addition to the above mentioned store formats, Carrefour also sells its products through various ecommerce websites. Carrefour operates an online grocery store, Ooshop, a leading French online supermarket in terms of sales. It allows customers to shop on the Internet, and select from product listings including fresh and frozen items, at the same price as they would pay in Carrefour's hypermarkets, with the added benefit of home delivery. Carrefour France hypermarket's non-food website, CarrefourOnline. com, offers products such as leisure products (DVDs, games, software, music, books and more), audio and video, household electrical goods, as well as music downloads and even flower and bicycle delivery. Carrefour. es, the group's e-commerce website in Spain, offers both food and non-food products. Key Metrics The company recorded revenues of $119,533 million in the fiscal year ending December 2009, a decrease of 2. 6% compared to fiscal 2008. Its net income was $608 million in fiscal 2009, compared to a net income of $2,140 million in the preceding year. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 26 LEADING COMPANIES Table 9: $ million Carrefour S. A. : key financials ($) 2005 116,399. 7 2,199. 8 64,311. 1 51,259. 436,474 2006 121,561. 3 3,381. 2 66,093. 8 48,356. 4 456,295 2007 128,305. 2 3,447. 4 72,212. 0 57,385. 0 490,042 2008 122,678. 1 2,139. 7 72,420. 6 57,191. 7 495,000 2009 119,532. 5 607. 7 71,685. 0 56,229. 5 495,000 Revenues Net income (loss) Total assets Total liabilities Employees Source: company filings DATAMONITOR Table 10: â⠬ million Carrefour S. A. : key fi nancials (â⠬) 2005 83,710. 0 1,582. 0 46,250. 0 36,864. 0 2006 87,422. 0 2,431. 6 47,532. 0 34,776. 0 2007 92,272. 0 2,479. 2 51,932. 0 41,269. 0 2008 88,225. 2 1,538. 8 52,082. 0 41,130. 0 2009 85,963. 0 437. 0 51,553. 0 40,438. 0 Revenues Net income (loss) Total assets Total liabilities Source: company filings DATAMONITOR Table 11: Ratio Carrefour S. A. : key financial ratios 2005 1. 9% 2. 8% 9. 4% 7. 5% 79. 7% 3. 6% $266,682 $5,040 2006 2. 8% 4. 4% 2. 8% (5. 7%) 73. 2% 5. 2% $266,409 $7,410 2007 2. 7% 5. 5% 9. 3% 18. 7% 79. 5% 5. 0% $261,825 $7,035 2008 1. 7% (4. 4%) 0. 3% (0. 3%) 79. 0% 3. 0% $247,835 $4,323 2009 0. 5% (2. 6%) (1. 0%) (1. 7%) 78. 4% 0. 8% $241,480 $1,228 Profit margin Revenue growth Asset growth Liabilities growth Debt/asset ratio Return on assets Revenue per employee Profit per employee Source: company filings DATAMONITOR Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 27 LEADING COMPANIES Figure 12: Carrefour S. A. : revenues & profitability Source: company filings DATAMONITOR Figure 13: Carrefour S. A. : assets & liabilities Source: company filings DATAMONITOR Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 28 LEADING COMPANIES Lidl Dienstleistung Table 12: Lidl Dienstleistung: key facts Rotelstrasse 30, 74166 Neckarsulm, DEU 49 732 30 6060 www. idl. de December DATAMONITOR Head office: Telephone: Website: Financial year-end: Source: company website Lidl & Schwarz Stiftung (Lidl) operates a chain of grocery stores. The company primarily operates in Europe. Lidl operates about 6,800 deep-discount department stores and no-frills Lidl supermarkets throughout Europe. In Germany it operates about 3,100 stores. The company offers about 800 different products in its stores mostly under Lidl's own brand. These include dairy products, frozen foods, sausages, fresh meat and poultry, fruit and veg delivered fresh every day, and a range of breads. Lidl is also expanding its presence into Denmark, Hungary, Norway, and Slovenia. Key Metrics Financial information for this company is unavailable. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 29 LEADING COMPANIES Tesco PLC Table 13: Head office: Telephone: Website: Financial year-end: Ticker: Stock exchange: Source: company website Tesco PLC: key facts New Tesco House, Delamare Road, Cheshunt, Hertfordshire, EN8 9SL, GBR 44 1992 632 222 www. tescoplc. com February TSCO London DATAMONITOR Tesco is a leading food and grocery retailer. The company operates 4,331 stores in 14 countries worldwide. It operates in the UK, other European countries, the US and Asia. The company operates in a single segment: retail. However, Tesco's operations can be examined by the store formats operated by it: Express, Metro, Superstore, Extra and Homeplus. The company has over 960 Express stores (up to 3,000 sq ft) offering fresh food at convenient locations. These stores sell a range of up to 7,000 products including fresh produce, wines and spirits and bakery products. The company has over 170 Metro stores (approximately 7,000-15,000 sq ft) in town and city centre locations. It offers a tailored range of food products including ready-meals and sandwiches. Tesco operates about 450 superstores (approximately 20,000-50,000 sq ft) at which it offers food as well non-food products such as DVDs and books. Tesco's Homeplus stores (approx. 35,000-50,000 sq ft) are dedicated to non-food including clothing. Tesco has more than 175 Extra stores (approximately 60,000 sq ft and above) which offer a variety of food and non-food product lines ranging from electrical equipment to homewares, clothing, health and beauty, and seasonal items such as garden furniture. Additionally, about 115 Extra and Homeplus stores have opticians and around 270 of them have pharmacies. In addition to stores, Tesco offers retailing services through its online shopping channels, tesco. com and Tesco Direct. The company also provides broadband internet connections (Tesco broadband) and telecommunications services (Tesco Mobile and Home Phone) through a 50-50 joint venture with O2, a mobile phone company. Tesco also provides financial services through Tesco Personal Finance (TPF) which offers a choice of 28 products ranging from savings accounts and credit cards to car and travel insurance. All its financial products are also available for online purchase. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 30 LEADING COMPANIES Key Metrics The company recorded revenues of $84,676 million in the fiscal year ending February 2009, an increase of 14. 9% compared to fiscal 2008. Its net income was $3,376 million in fiscal 2009, compared to a net income of $3,320 million in the preceding year. Table 14: $ million Tesco PLC: key financials ($) 2005 57,602. 2 3,042. 4 31,811. 6 17,695. 242,980 2006 67,234. 5 3,553. 7 35,167. 3 20,447. 6 273,024 2007 66,461. 4 2,959. 8 38,664. 9 22,188. 6 318,283 2008 73,720. 0 3,319. 9 47,014. 4 28,463. 7 345,737 2009 84,675. 6 3,376. 0 71,779. 5 52,460. 3 364,015 Revenues Net income (loss) Total assets Total liabilities Employees Source: company filings DATAMONITOR Table 15: ? million Tesco PLC: key financials (? ) 2005 36,957. 0 1,952. 0 20,410. 0 11,353. 0 2006 43,137. 0 2,280. 0 22,563. 0 13,119. 0 2007 42,641. 0 1,899. 0 24,807. 0 14,236. 0 2008 47,298. 0 2,130. 0 30,164. 0 18,262. 0 2009 54,327. 0 2,166. 46,053. 0 33,658. 0 Revenues Net income (loss) Total assets Total liabilities Source: company filings DATAMONITOR Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 31 LEADING COMPANIES Table 16: Ratio Tesco PLC: key financial ratios 2005 5. 3% 10. 1% 10. 9% 6. 4% 55. 6% 10. 1% $237,066 $12,521 2006 5. 3% 16. 7% 10. 5% 15. 6% 58. 1% 10. 6% $246,259 $13,016 2007 4. 5% (1. 1%) 9. 9% 8. 5% 57. 4% 8. 0% $208,812 $9,299 2008 4. 5% 10. 9% 21. 6% 28. 3% 60. 5% 7. 7% $213,226 $9,602 2009 4. % 14. 9% 52. 7% 84. 3% 73. 1% 5. 7% $232,616 $9,274 Profit margin Revenue growth Asset growth Liabilities growth Debt/asset ratio Return on assets Revenue per employee Profit per employee Source: company filings DATAMONITOR Figure 14: Tesco PLC: re venues & profitability Source: company filings DATAMONITOR Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 32 LEADING COMPANIES Figure 15: Tesco PLC: assets & liabilities Source: company filings DATAMONITOR Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 33 MARKET FORECASTS MARKET FORECASTS Market value forecast In 2014, the European food retail industry is forecast to have a value of $2,477. 4 billion, an increase of 49% since 2009. The compound annual growth rate of the industry in the period 2009ââ¬â14 is predicted to be 8. 3%. Table 17: Year 2009 2010 2011 2012 2013 2014 CAGR: 2009ââ¬â14 Source: Datamonitor Europe food retail industry value forecast: $ billion, 2009ââ¬â14 $ billion 1,663. 1 1,811. 4 1,978. 0 2,161. 3 2,359. 7 2,477. â⠬ billion 1,196. 1 1,302. 7 1,422. 5 1,554. 3 1,697. 0 1,781. 6 % Growth 8. 5% 8. 9% 9. 2% 9. 3% 9. 2% 5. 0% 8. 3% DATAMONITOR Figure 16: Europe food retail industry value forecast: $ billion, 2009ââ¬â14 Source: Datamonitor DATAMONITOR Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Pag e 34 APPENDIX APPENDIX Methodology Datamonitor Industry Profiles draw on extensive primary and secondary research, all aggregated, analyzed, cross-checked and presented in a consistent and accessible style. Review of in-house databases ââ¬â Created using 250,000+ industry interviews and consumer surveys and supported by analysis from industry experts using highly complex modeling & forecasting tools, Datamonitorââ¬â¢s in-house databases provide the foundation for all related industry profiles Preparatory research ââ¬â We also maintain extensive in-house databases of news, analyst commentary, company profiles and macroeconomic & demographic information, which enable our researchers to build an accurate market overview Definitions ââ¬â Market definitions are standardized to allow comparison from country to country. The parameters of each definition are carefully reviewed at the start of the research process to ensure they match the requirements of both the market and our clients Extensive secondary research activities ensure we are always fully up-to-date with the latest industry events and trends Datamonitor aggregates and analyzes a number of secondary information sources, including: National/Governmental statistics International data (official international sources) National and International trade associations Broker and analyst reports Company Annual Reports Business information libraries and databases Modeling & forecasting tools ââ¬â Datamonitor has developed powerful tools that allow quantitative and qualitative data to be combined with related macroeconomic and demographic drivers to create market models and forecasts, which can then be refined according to specific competitive, regulatory and demand-related factors Continuous quality control ensures that our processes and profiles remain focused, accurate and up-to-date Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 35 APPENDIX Industry associations Global Food Marketing Institute 655 15th Street, NW, Washington DC, 20005 Tel. : 001 202 452 8444 Fax: 001 202 429 4519 www. fmi. org/ CIES ââ¬â The Food Business Forum 7, rue de Madrid 75008 Paris FRANCE Tel. : 0033 1 4469 8484 Fax: 0033 1 4469 9939 www. ciesnet. com EuroCommerce Avenue des Nerviens 9-31, B-1040 Brussels, Belgium Tel. : 0032 2 737 0598 Fax: 0032 2 230 0078 www. eurocommerce. be Related Datamonitor research Industry Profile Food Retail in Western Europe Food Retail in Asia-Pacific Food Retail in the US Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 36 APPENDIX Disclaimer All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher, Datamonitor plc. The facts of this report are believed to be correct at the time of publication but cannot be guaranteed. Please note that the findings, conclusions and recommendations that Datamonitor delivers will be based on information gathered in good faith from both primary and secondary sources, whose accuracy we are not always in a position to guarantee. As such Datamonitor can accept no liability whatever for actions taken based on any information that may subsequently prove to be incorrect. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 37 ABOUT DATAMONITOR ABOUT DATAMONITOR The Datamonitor Group is a world-leading provider of premium global business information, delivering independent data, analysis and opinion across the Automotive, Consumer Markets, Energy & Utilities, Financial Services, Logistics & Express, Pharmaceutical & Healthcare, Retail, Technology and Telecoms industries. Combining our industry knowledge and experience, we assist over 6,000 of the worldââ¬â¢s leading companies in making better strategic and operational decisions. Delivered online via our user-friendly web platforms, our market intelligence products and services ensure that you will achieve your desired commercial goals by giving you the insight you need to best respond to your competitive environment. Premium Reports Datamonitor's premium reports are based on primary research with industry panels and consumers. We gather information on market segmentation, market growth and pricing, competitors and products. Our experts then interpret this data to produce detailed forecasts and actionable recommendations, helping you create new business opportunities and ideas. Summary Reports Our series of company, industry and country profiles complements our premium products, providing top-level information on 30,000 companies, 3,000 industries and 100 countries. While they do not contain the highly detailed breakdowns found in premium reports, profiles give you the most important qualitative and quantitative summary information you need ââ¬â including predictions and forecasts. Datamonitor consulting We hope that the data and analysis in this profile will help you make informed and imaginative business decisions. If you have further requirements, Datamonitorââ¬â¢s consulting team may be able to help you. For more information about Datamonitorââ¬â¢s consulting capabilities, please contact us directly at [emailà protected] com. Europe ââ¬â Food Retail à © Datamonitor. This profile is a licensed product and is not to be photocopied 0201 ââ¬â 2058 ââ¬â 2009 Page 38
Wednesday, January 8, 2020
Dbq on Prohibition - 805 Words
DBQ The prohibition movement in the United States was very successful during the era of progressive reform, from 1900 to 1919. This is because of the social composition of the prohibitionists, their motives, strategy, and pressure-group tactics, and the relationship of prohibitionism to progressive reform. The prohibitionists attacked saloons with a passion, they appealed to womens rights, and they tried every mean possible to keep their areas Ãâdry. Prohibitionists consisted of a few groups of people. In Document J, it is shown that most prohibitionists were clergymen, businessmen, and lawyers. Most of the prohibition movement was centered in areas with 2,500 to 99,000 people. This meant that it was not in great cities nor in ruralâ⬠¦show more contentâ⬠¦F) The subject of the saloon-keeper also brings up the issue of unemployment. Once the saloons were all closed down, many men were out of business and had to find work elsewhere. One man, in the most straight forward and open mannerÃâ¦related the woes of the business in the West. (Doc. R) So there was definitely a fight against prohibitionism as well. Both sides of the fight had really good points. Prohibitionists could definitely justify refusing licenses to saloons seeking to be near industrial plants. (Doc. D) They also used the progressive era to promote their cause. Some people said, we were willing to give up the small amounts of liquor we did enjoy for what we had been told was the common good. You might say we were motivated by a certain idealism. (Doc. S) Prohibitionism was a very controversial thing, and it was an issue that would last for quite a while. The campaign in favor of this [prohibition] legislation has been a long and bitterly contested one. (Doc.Show MoreRelatedApush Dbqs Essay2248 Words à |à 9 Pages2011 DBQ: (Form A) 1. 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Analyze these documents in pairs. You can use their textbooks and/or the power point we used in class to help build their understanding of the material. You should write a thesis statement, intro paragraph and outline a proposed answer. The outline
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