Contemporary Marketing Research - John Lewis bucking the trend on the Essay

Contemporary Marketing Research - John Lewis bucking the trend on the UK High Street - Essay good exampleThis study would be focused on evaluating the effect of John Lewis in previous classs and the marketing strategies adapted by the retailer in mark to enhance its sales. Similarly, the marketing strategies for the forthcoming years would also be evaluated to identify the performance and productivity of the company in the worrying time of 2013. This study would highlighting the reasons for the exceptional performance of the retailer that is not even in the top 4 retailers in UK i.e. John Lewis. Furthermore, the impact of the adapted marketing strategies on the performance of the company would be evaluated. This would help to identify the remarkable performance of the company in the market. In the end, recommendations would be provided for the retail company i.e. John Lewis, in fellowship to enhance its sales and revenues in the industry and to gain competitive advantage over o ther competitors in the market. This would help the company to enhance its performance which impart eventually lead to increase in sales and revenues.The year 2012 was a nightmare for the retailers in United Kingdom. The retail growth in this particular year was just 1.2 percent. This retail growth could be said as the third lowest growth rate in the last 40 years (The Telegraph, 2012). The stinting crisis and the recession after 2008 are the core reason for such downturn in the retail industry (ODonnell, 2011). Due to such recession, it has been observed that the Jessops one of the retailers in High Streets, has closed down all of its retail stores in the UK due to which almost 1370 people lost their job (BBC News, 2013a).Retail industry in UK is world directly influenced by the growing competition from supermarkets and internet retailers. This is one of the major reasons for the closure of Jessops in UK as the company was not able to cope with the ever-changing trends in the ret ail industry. With advancement in the technology, the retail industry is moving towards