news bulletin – answers

School uniform price wars

questions

1. What has already started? school uniform rivalry
2. How much is the cost of UK schooling? US$19 billion
3. What are retailers wanting? a chunk of that market
4. Where are Tesco stores based? Europe, Asia and North America
5. How much are Asda and Tesco selling uniforms for? under a fiver (less than £5.00)
6. Who are the clothes aimed at? 3 to 16 year olds
7. Who has a 10-day offer at these prices? Asda
8. What are customers looking for in the current economic climate? value for money
9. Who allows Tesco to sell uniforms for less? its suppliers
10. Who else is launching a value range? M&S
11. What are they saying about their complete uniform offer? it is better quality
12. How do M&S compete with the other stores? on price x (times) quality
13. How are M&S managing to invest in price? by taking a margin hit
14. Who decides which retailers will be top of the class? the parents and children (those buying)