Retail Knowledge


Consumer Ethnocentrism – Full Guide

What is Consumer Ethnocentrism? Some consumers prefer global or foreign products and see them as status symbol, while others strongly support domestic products and have negative attitudes towards foreign or imported products as part of consumer ethnocentrism behaviour. So, Consumer ethnocentrism is a concept on psychology that describes how consumers purchase products Read More

inventory management process

Inventory Management Process

Supply chain management Definition Supply chain management can be defined as the strategic, systematic coordination of all the business activities inside a firm and across businesses within the supply chain, to improve the long term performance of the individual companies and the supply chain as a whole. Inventory represents a Read More

What is Globalization

What is Globalisation? Meaning, Examples- Full Guide

What is Globalization?  Globalization, or globalisation, is the process of interaction and integration among people, companies, and governments worldwide. Globalisation is today affecting every industry. The companies are growing as transnational companies. These transnational companies are using the local innovative technology, knowledge and available resources of other countries and selling their Read More

Who owns abc news Australia

ABC or The Australian Broadcasting Corporation (ABC) is owned (or we should say funded) by Australian government. However, ABC channel or ABC NEWS is expressly independent of government and partisan politics. Many Australian follows ABC news for independent views and reports. The ABC plays a leading role in journalistic independence Read More

who owns airbnb

Who owns Airbnb

Here we cover details on Who Owns Airbnb, how Airbnb operates and more details. Being on tour in another country or your home country may seem exciting, but this excitement is not long-lived if you cannot find yourself a comfortable and much cozier accommodation. Airbnb does that for you in Read More

Who owns Australia post

Who Owns Australia Post

Have you ever wondered who owns Australia Post? Australia Post is owned by the government and it has only two shareholders. They are the Minister for Communications and the Minister for Finance.  Australia Post is a Corporate Commonwealth Entity, governed by the legislation of the Australian Postal Communication Act 1989.  Read More

Who Owns ALDI

Who Owns ALDI

Who owns aldi stores in Australia? The Albrecht family own ALDI (short for Albrecht discount). It was started by Karl Hans Albrecht and his brother Theo in Germany in 1946. Today, their network has over 10,000 stores and serves millions of people across three continents. Karl Hans Albrecht, Germany’s richest Read More

Who Owns Woolworths

Who owns Woolworths supermarket in Australia? Woolworths stores across Australia are owned by Woolworths Group. Woolworths Group is the second largest company in Australia by revenue, after Perth-based retail-focused conglomerate Wesfarmers. Woolworths employ 201,000 people who serve over 29 million customers across various Woolworths brands every week. Woolworths and Coles are Read More