HOME >> MEDICINE >> NEWS
Focus on opticians shows chain store pricing policies can save independents

Big chain stores setting their prices on a national rather than local basis can help independent retailers survive, according to new research funded by the Economic and Social Research Council (ESRC). It protects them from the intense local competition that could arise from price wars in places where several big name outlets are present, says the study, which backs concerns from policymakers about the potential impact when chain stores opt for local pricing.

Matt Olczak, of the ESRC Centre for Competition Policy, University of East Anglia, examined in detail the situation in the opticians industry, and the implications for consumer choice and the local economy. His investigation highlights the pricing strategies of the major optician chain stores as a key factor in whether the small, local independents can survive.

The study follows a report from the All-Party Parliamentary Small Shops Group, in which MPs predicted that less than a decade from now, many small shops are likely to have stopped trading, with few independent businesses taking their place. They said that people, as consumers and members of communities, stand to be disadvantaged the most 'with restricted choice, entrenched social exclusion and a vulnerable supply chain caused by consolidation'.

Matt Olczak said: "It is clear from my research findings that the opticians market at least needs to be monitored regularly, since a change in pricing strategy by any of the chain stores could have a negative impact on independents." Importantly, he says, he found that it matters whether chain stores set prices nationally - that is, charge the same in all their stores, or locally -setting different prices depending on local market conditions. The four principal chain store retailers Specsavers, Dolland & Aitchison, Boots and Vision Express have a national presence, with stores in all regions of England and Wales.

Prices at Specsavers and Boots are set nationally, an
'"/>

Contact: Annika Howard
annika.howard@esrc.ac.uk
44-017-934-13119
Economic & Social Research Council
7-Nov-2006


Page: 1 2

Related medicine news :

1. Focused ultrasound relieves fibroid symptoms in women
2. Tipsheet: Focus on gait training, pain relief, pressure ulcers and hearing aid training
3. JRRD tipsheet: Focus on stroke
4. Focus on weight undermines motivation for healthy lifestyle changes among people of all sizes
5. JRRD tipsheet: Focus on stroke, Parkinsons treatment, wheelchair durability
6. Bird-flu vaccine works at high doses; Focus turns to ways to stretch vaccine supply
7. Vol. 42, No. 5 JRRD tipsheet: Focus on spinal cord injury and prosthetics
8. Focus on lung cancer: How to prevent and treat it
9. New study shows promise in reducing surgical risks associated with surgical bleeding
10. Most seniors now have drug coverage, U-M study shows
11. Wireless technology shows promise in diagnosing pediatric intestinal disease

Post Your Comments:
*Name:
*Comment:
*Email:


(Date:9/24/2017)... ... 24, 2017 , ... In “Sky and I”, a young boy was walking home and feeling down about himself. ... him otherwise. The new friend says he can do whatever he wants to do if ... enough just the way he is. God created him with special talents and gifts. We ...
(Date:9/24/2017)... (PRWEB) , ... September 24, 2017 , ... “The Gospel Truth Of The Bible: The ... “The Gospel Truth Of The Bible: The Other Sheep” is the creation of published author, ... born in the West Indies. He has been a member of the Seventh-day Adventist ...
(Date:9/23/2017)... ... September 23, 2017 , ... Silicon Valley Hair Institute, the leading ... new blog post focused on the ARTAS® hair transplant system and the younger demographic. ... the latest, most technologically sophisticated methods of hair restoration. , “It can be emotionally ...
(Date:9/22/2017)... ... ... MEDIA OPPORTUNITY: , Save Our Hospital - Albert Lea will host media ... against Mayo Clinic. Specifically, media can talk to steering committee members and patients regarding ... the Albert Lea hospital. , The rally aims to protect the most vulnerable and ...
(Date:9/22/2017)... PA (PRWEB) , ... September 22, 2017 , ... ... soon as possible, and they often saves lives. However, if one isn’t accessible ... to widen the availability of defibrillation, I came up with this idea," said ...
Breaking Medicine News(10 mins):
(Date:9/6/2017)... -- NeuroRx, a clinical stage biopharma company developing the first ... been granted Fast Track status by the US Food and ... followed by NRX-101 (D-cycloserine + lurasidone). The company will shortly ... therapy targeting patients who are admitted to Emergency Departments with ... ...
(Date:9/5/2017)... another milestone in their continued growth and success of the company.  Xyntek has ... engagements regionally.  ... at 318 West Adams Street, Suite 1528, Chicago, IL ... Xyntek's recently opened Midwest office will support the ... In addition to Xyntek,s headquarters ...
(Date:9/5/2017)... 2017 Oramed Pharmaceuticals Inc. (NASDAQ: ... pharmaceutical company focused on the development of oral drug ... its meeting with the U.S. Food and Drug Administration ... At the meeting, ... for submission of ORMD-0801, would be a Biologics License ...
Breaking Medicine Technology:
Cached News: