TASK 1 (Table): Stores

Sample Answer

The provided table compares growth-related metrics of two distinct types of retailers: physical department stores and virtual online shopping platforms in Australia in 2011.

What is immediately striking upon observing the data is the overarching predominance of Internet-based retail facilities, which stood in sharp opposition to the comparatively limited scale of bricks-and-mortar shops. Granted, the retail market in 2011 was, to differing magnitudes, in favour of e-commerce platforms; yet, the stratification showcased in market size was the most apparent, contrasting sharply with the far milder disparities seen in sales volume and profitability.

Examining initially the area with the most marked discrepancy, nowhere other than within operational scale was the difference more substantial. In 2011, there were 368 active e-commerce retail stores in Australia, around quintuple the corresponding number for operational department stores, which stood at a modest 67 retail units.

The evidently online-skewed retail marketplace was, to some degree, correlated with a more substantial growth rate exhibited among virtual shops, markedly superseding their physical counterparts. In close scrutiny, despite demonstrating both fractional growth levels, Internet-based retail units recorded an exceedingly higher market expansion, standing at 0.6%. This proportion was 0.2% higher than that of department stores – representing precisely a 50% difference.

Shifting attention to economic indicators, both sales outcomes and profits showed a notable edge in favour of virtual options. Yet, a more distinguishable gap was observable in revenue, with online stores edging out their bricks-and-mortar alternatives by 700 AUD (with respective figures of 13,400 and 12,700 AUD). This disparity was also reflected in profitability, wherein e-commerce platforms logged 863 AUD, compared to a moderately lower 807 AUD netted by physical stores.

Vocabulary

overarching predominancesự thống trị bao trùm
bricks-and-mortar shopscửa hàng truyền thống
e-commerce platformsnền tảng thương mại điện tử
stratification showcasedsự phân tầng được thể hiện
sales volumekhối lượng bán hàng
profitabilitykhả năng sinh lợi
marked discrepancysự khác biệt rõ rệt
operational scalequy mô hoạt động
quintuple the corresponding numbergấp năm lần con số tương ứng
online-skewed retail marketplacethị trường bán lẻ thiên về trực tuyến
superseding their physical counterpartsvượt qua các đối thủ truyền thống
fractional growth levelsmức tăng trưởng nhỏ
market expansionmở rộng thị trường
economic indicatorschỉ số kinh tế
sales outcomeskết quả bán hàng
notable edgelợi thế đáng chú ý
distinguishable gapkhoảng cách dễ nhận thấy
revenuedoanh thu
edging outvượt qua, loại bỏ
e-commerce platforms loggednền tảng thương mại điện tử ghi nhận
moderately lowerthấp hơn vừa phải
comparatively limited scalequy mô tương đối hạn chế
equally noteworthycũng đáng chú ý
in close scrutinykhi xem xét kỹ lưỡng
shifting attention tochuyển sự chú ý sang

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