After Tesco entered the Thai market in 1998 with its brand of colorful, well-stocked superstores, angry local competitors tried to impede the powerhouse UK-based retailer’s progress with a wall of lawsuits--including one that would have forced Tesco Lotus, the company’s regional subsidiary, to shut off air-conditioning because chilly stores posed a public health hazard to the equatorial Thai people. Frivolous legal actions were a minor nuisance compared with what came next. Over a five-month period last year, two Tesco Lotus outlets were bombed, another peppered with automatic weapons fire and yet another hit by a rocket-propelled grenade.
Despite threats by governments to ban them, chains including France’s Carrefour and U.S.-based Wal-Mart are ramping up plans to hundreds of new outlets throughout the region over the next several years. The onslaught threatens to run local retailers right out of business. Local retailers are not the only ones displaced
A. The influence of foreign superstores on Asia’s economy.
B. The challenges that foreign superstores face in Asia.
C. The marketing strategies of famous foreign superstores in Asia.
D. The role of famous hypermarkets in the process of economic globalization.
Forum for the Future, working with Tesco and Unilever, reckon that by 2022 what we buy, how we buy it and who from will have changed radically. In their report, Retail Futures, they look ahead 15 years to see what lies in store for shoppers and the retail groups. They see not only new or bigger store chains, more sprawling retail parks, and more poultry products and pasta sauces. Their visions range from multi- storey car parks converted into city centre allotments or"vertical farms"with produce markets where the parking payment booths once were, to a nation of stay-at-home shoppers who let their fingers do the walking to order in almost everything they need or let their refrigerators do the talking, with automatic, direct-to-store reordering and home delivery every time yoghurt, salad or beer stocks run low.
Forum for the Future, a sustainable development charity founded by veteran environmentalist Sir Jonathon Porritt and which now advises more than 100 organi
A. The big retailers and experts have forecast an individualistic,optimistic society where technology is held in very high regards.
B. The big retailers and experts have gazed into the future and seen a new world of shopping.
C. The big retailers and experts have recognized that the economy is buoyant and big business will met shoppers’ demands.
D. The big retailers and experts have predicted that consumer confidence will be low and people rely on big business for security.
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