Selfridges Selfridges known as ever-growing empire of the most high end department stores based in the UK

Selfridges
Selfridges known as ever-growing empire of the most high end department stores based in the UK. Operated by the successful Selfridges retail limited company that owns Selfridges. Founded by Harry Gordon Selfridge 110 years ago in 1908. Oxford Street based Selfridges is now the largest shop in the UK.
Channels of distribution
Because of Selfridge’s large business scale and size they have products brought from all corners of the world such as make up from brands like Huda beauty (based Dubai) and American based brands .As a result of this Selfridges has everything brought in every type of transport except train as the branches are all in cities which are always crowded and there is no possible way to transport the products from the train into the stores.
Selfridges is a department store which means they rent out their spaces and companies would pay for that space so if Selfridges were to make companies pay for a much higher rent , companies would probably not pay for that and move to another department store such as Harrods or Debenhams.
Environmental Factors and the Businesses Aims
Sustainability is the ability of the present generation to meet its needs without compromising the need of future generations.
In 2011 Selfridges launched with Project Ocean to remove all of the single use plastic and carbon bottles. They banned microbeads ahead of the national ban. They have stopped selling endangered fish in the food department and have stopped selling shark oil in the beauty department. They don’t sell animal fur. They recycle their coffee cups and turn them into the iconic yellow shopping bag. It is their form of retail activism. By 2022 50% of their products will be better for people and the planet as well as that, by 2020 they are looking to reduce their carbon emissions by 15%, reduce their total waste and increase their recycling by 70%.
Political and economic factors
Selfridges, the upmarket UK department store chain, has reported strong sales growth but posted a drop in full-year profits after an investment programme ate into its balance sheet. The retailer said that total revenues in the year to January 2016 rose 5 per cent year on year to £1.4bn. But operating profit at the chain fell 1.9 per cent compared with the previous year to £152m, weighed down by a £300m investment programme launched in 2014 and which has included a revamp of its London flagship store. The department store chain is part of the Selfridges Group owned by Canadian billionaire Galen Weston, which also owns retail groups in Ireland, Canada and the Netherlands. Anne Pitcher, Selfridges’ managing director, said she was “delighted” with the performance in “what was a challenging market” last year. Selfridges said it had benefited as foreign visitors took advantage of the fall in the value of the pound since the UK vote to leave the EU in June. It did not provide figures, but said there had been a “positive impact on sales” since the vote. It warned, however, that “uncertainty remains around the longer term implications for our economy, retail industry and consumer confidence”. Like other upmarket brands and retailers, Selfridges is grappling with changes in consumer shopping habits, including the shift to online shopping. While Selfridges has just four physical stores across three cities, it has upgraded its online sales platform as part of its £300m investment programme. Selfridges said: “Our online business continues to grow rapidly delivering growth of over 38 per cent year on year and now represents a strategically important part of our business, both from a domestic and an international perspective”. The chain, known for its elaborate Christmas window displays, launched its campaign for the festive season last week, though it had opened its Christmas department in August.

Environmental factors
Sustainability is the ability of the present generation to meet its needs without compromising the need of future generations.
In 2011 Selfridges launched with Project Ocean to remove all of the single use plastic and carbon bottles. They banned microbeads ahead of the national ban. They have stopped selling endangered fish in the food department and have stopped selling shark oil in the beauty department. They don’t sell animal fur. They recycle their coffee cups and turn them into the iconic yellow shopping bag. It is their form of retail activism. By 2022 50% of their products will be better for people and the planet as well as that, by 2020 they are looking to reduce their carbon emissions by 15%, reduce their total waste and increase their recycling by 70%.
Economic factors
Selfridges, the upmarket UK department store chain, has reported strong sales growth but posted a drop in full-year profits after an investment programme ate into its balance sheet. The retailer said that total revenues in the year to January 2016 rose 5 per cent year on year to £1.4bn. But operating profit at the chain fell 1.9 per cent compared with the previous year to £152m, weighed down by a £300m investment programme launched in 2014 and which has included a revamp of its London flagship store. The department store chain is part of the Selfridges Group owned by Canadian billionaire Galen Weston, which also owns retail groups in Ireland, Canada and the Netherlands. Anne Pitcher, Selfridges’ managing director, said she was “delighted” with the performance in “what was a challenging market” last year. Selfridges said it had benefited as foreign visitors took advantage of the fall in the value of the pound since the UK vote to leave the EU in June. It did not provide figures, but said there had been a “positive impact on sales” since the vote. It warned, however, that “uncertainty remains around the longer term implications for our economy, retail industry and consumer confidence”. Like other upmarket brands and retailers, Selfridges is grappling with changes in consumer shopping habits, including the shift to online shopping. While Selfridges has just four physical stores across three cities, it has upgraded its online sales platform as part of its £300m investment programme. Selfridges said: “Our online business continues to grow rapidly delivering growth of over 38 per cent year on year and now represents a strategically important part of our business, both from a domestic and an international perspective”. The chain, known for its elaborate Christmas window displays, launched its campaign for the festive season last week, though it had opened its Christmas department in August.

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