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:10/13/2017)... , ... October 13, 2017 , ... Apple Rehab ... services, staged a mock evacuation of the facility as part of a disaster drill ... Department, Echo Hose EMS and Shelton City Emergency Manager, as well as the ...
(Date:10/13/2017)... ... October 13, 2017 , ... Global Healthcare Management’s 4th Annual Kids ... Milford, NJ. This free event, sponsored by Global Healthcare Management’s CEO, Jon Letko, ... run is geared towards children of all ages; it is a non-competitive, non-timed event, ...
(Date:10/13/2017)... ... 2017 , ... “The Journey: From the Mountains to the Mission Field”: the ... in the Philippines. “The Journey: From the Mountains to the Mission Field” is the ... She has taught all ages and currently teaches a class of ladies at her ...
(Date:10/12/2017)... ... 12, 2017 , ... Planet Fitness, one of the largest and fastest growing ... open a flagship location in Covington, LA at 401 N. U.S. Highway 190, in ... to Office Depot in the Holiday Square shopping center. Its location allows it to ...
(Date:10/12/2017)... ... , ... Asante, a nationally recognized health system in southern ... home health joint venture through an agreement, effective October 1, 2017, to create ... health company with Asante, delivering clinically integrated care, for the past eight years. ...
Breaking Medicine News(10 mins):
(Date:10/4/2017)... 2017  According to the Centers for Disease Control and Prevention (CDC), ... PhysicianOne Urgent Care is helping communities across Massachusetts , ... by offering no-cost* flu shots through the end of the month. ... insurance regulations. ... get a flu shot is by the end of October, according to ...
(Date:10/2/2017)... 2, 2017  Eli Lilly and Company (NYSE: ... the third quarter of 2017 on Tuesday, October 24, ... that day with the investment community and media to ... conference call will begin at 9 a.m. Eastern time. ... live webcast of the conference call through a link ...
(Date:10/2/2017)... -- The Rebound mobile app is poised to become a ... of prescription drug addiction. The app empowers users to develop ... down their dosage in a safe, controlled manner while maximizing ... first 100,000 people to sign up will enjoy 3 months ... ...
Breaking Medicine Technology:
Cached News: