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Registros recuperados: 15
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Concentration in Hungarian Food Retailing and Supplier-Retailer Relationships AgEcon
Juhasz, Aniko; Stauder, Marta.
The paper is a summary about the Hungarian retail sector based on the results of different research projects completed in the last five years. From all of these studies and of course the wide ranging domestic and international literature we had to conclude that the retailers have become more and more the exclusive owner of the information about the consumers and with this they become the new "captains" of the food chain. Thus we always started our research with gathering information about the situation of the Hungarian retail sector because we believed if we want to help those who try to adapt (the suppliers) then we have to know much more about those who dictate (the retailers). Analysing the concentration in company and not branch level we can say that...
Tipo: Conference Paper or Presentation Palavras-chave: Food retailing; Concentration; Market structure; Supplier-retailer relationships; Industrial Organization; D3; L81.
Ano: 2006 URL: http://purl.umn.edu/25766
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COMPETITIVE BEHAVIOR IN THE FOOD RETAILING INDUSTRY AgEcon
Park, Timothy A.; Weliwita, Ananda.
We develop a flexible model to examine competitive conditions in the food retailing industry based on the Box-Cox transformation of the demand and industry equilibrium conditions. The impact of key technological and market developments on shifts in the competitive index is examined. Adoption of optical scanning technology was positively related to the market power index but the index was stable and consistent with competitive conditions over the 1982-1992 period.
Tipo: Working or Discussion Paper Palavras-chave: Market power; Food retailing; Box-Cox model; Technological innovations; Agribusiness; Industrial Organization.
Ano: 1996 URL: http://purl.umn.edu/16680
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The Impact of the New York State Retail Milk Price Regulation on Farm-to-Retail Price Transmission and Supermarket Pricing Strategies in Metropolitan Fluid Milk Markets AgEcon
Bolotova, Yuliya; Novakovic, Andrew M..
The New York State Milk Price Gouging Law establishes that the retail prices of fluid milk products are not to exceed 200% of the prices that NYS milk processors pay for Class I milk. The enforcement of this law significantly affected the nature of the Class I fluid milk price transmission process and the milk pricing strategies of supermarkets in the five largest cities in New York State: New York City, Albany, Syracuse, Buffalo and Rochester. During the pre-law period, supermarkets used a retail price-stabilization strategy, as evidenced by asymmetric Class I fluid milk price transmission. In contrast, supermarkets use a retail profit stabilization strategy during the law period. This variation of retail milk price control actually creates an...
Tipo: Conference Paper or Presentation Palavras-chave: Dairy; Milk; Price regulation; Price transmission; Asymmetric price response; Food retailing; Agribusiness; Agricultural and Food Policy; Demand and Price Analysis; Industrial Organization; Marketing; Q11; Q13; Q18.
Ano: 2011 URL: http://purl.umn.edu/104514
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Evaluating Labor Productivity in Food Retailing AgEcon
Park, Timothy A..
Competition from new store formats including supercenters, warehouse clubs, and mass merchandisers has emerged as a major threat to traditional grocery chains. A primary objective of this paper is to understand how the store-level performance is related to the workforce composition of full-time and part-time employees chosen by the food retailer along with benefits and incentives provided to employees. The elasticity of complementarity for food retailers measures how changes in store size affect use of full-time and part-time employees. Larger store size increases the marginal value of labor, and firm hiring decisions shift to expanded use of part-time employees.
Tipo: Journal Article Palavras-chave: Elasticity of complementarity; Employee compensation; Food retailing; Inverse price elasticities; Food Consumption/Nutrition/Food Safety; Labor and Human Capital; Productivity Analysis.
Ano: 2008 URL: http://purl.umn.edu/45663
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The Competitive Causes and Consequences of Customer Satisfaction AgEcon
Simon, Daniel H.; Gomez, Miguel I..
We conduct two studies to test three hypotheses: (1) Competition increases a firm's customer satisfaction; (2) Rivals' customer satisfaction increases a firm's customer satisfaction; (3) Rivals' customer satisfaction reduces a firm's sales. First, we use store-level customer satisfaction data from a supermarket chain. Next, we consider a range of industries, using brand-level customer satisfaction ratings from the American Customer Satisfaction Index. Results from both studies provide support for the latter two hypotheses, while we only find support for the first hypothesis in the second study.
Tipo: Conference Paper or Presentation Palavras-chave: Customer Satisfaction; Food retailing; Competitive Strategy; Consumer/Household Economics.
Ano: 2005 URL: http://purl.umn.edu/19371
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Investigating Thai Shopping Behavior: Wet-Markets, Supermarkets and the ‘Big Middle’ AgEcon
Gorton, Matthew; Sauer, Johannes; Supatpongkul, Pajaree.
Drawing on the Big Middle theory of retail evolution, an analysis of primary survey data on Thai shopping behavior seeks to understand the relative satisfaction of consumers with wet markets and supermarkets, identifying the factors that affect frequency of visit to, and purchase behavior within, these retail outlets. This provides the basis for engaging in a wider debate on the possibility of a ‘Global Big Middle’ for food retailing. On all salient attributes affecting retail outlet choice, supermarkets perform better than wet markets. However for fresh produce, wet markets continue to account for the majority of expenditure, albeit to a far lesser extent than in previous studies. A bootstrapped bivariate ordered probit model identifies that supermarkets...
Tipo: Conference Paper or Presentation Palavras-chave: Big Middle; Food retailing; Thailand; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Marketing; D12; L81; P46.
Ano: 2009 URL: http://purl.umn.edu/50332
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Do Private Labels Generate Loyalty? Empirical Evidence for German Frozen Pizza AgEcon
Wettstein, Nadine; Brosig, Stephan; Glauben, Thomas; Hanf, Jon Henrich; Loy, Jens-Peter.
www.ifama.org
Tipo: Journal Article Palavras-chave: Food retailing; Private labels; Brand loyalty; Panel data; Hazard analysis; Consumer/Household Economics; Demand and Price Analysis; Institutional and Behavioral Economics; Marketing.
Ano: 2009 URL: http://purl.umn.edu/92572
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Do Sales Matter? An Exploration of Price Discounting in UK Food Retailing AgEcon
Lloyd, Tim A.; Morgan, C. Wyn; McCorriston, Steve; Zgovu, Evious.
This paper assesses the impact of promotional activity in the prices of food products on supermarket shelves. The study analyses a unique, high frequency panel of supermarket prices consisting of over 230,000 weekly price observations on around 500 products in 15 categories of food stocked by the UK’s seven largest retail chains. In all, 1,700 weekly time series are available at the barcode-specific level including branded and own label products. Prices are inclusive of promotions and thus allow the frequency, magnitude and duration of sales to be analysed in greater detail than has hitherto been possible with UK data. Using this price data, sales periods are indentified. Results show that around 8% of products are on sale at any one time, and that sales...
Tipo: Conference Paper or Presentation Palavras-chave: Food retailing; Pricing; Sales; Demand and Price Analysis; Industrial Organization; Marketing; L16; L66; Q13.
Ano: 2009 URL: http://purl.umn.edu/51572
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Evaluating Labor Productivity in Food Retailing AgEcon
Park, Timothy A..
New store formats including competition from supercenters (driven by Wal-Mart), warehouse clubs, and mass merchandisers have emerged as a major threat to traditional grocery chains. A key issue in the food retailing sector is to understand how the earnings of employees respond to the evolution of new retail store formats and store organizational characteristics. The elasticity of complementarity for food retailers measures how changes in store size affect use of full-time and part-time employees. The evidence for constant returns to scale suggests that the Hicks elasticity of complementarity is the appropriate measure to assess input substitutability for food retailers. As store size increases the marginal value of labor rises and firms hire more...
Tipo: Conference Paper or Presentation Palavras-chave: Elasticity of complementarity; Employee compensation; Food retailing; Inverse price elasticities; Agribusiness; Labor and Human Capital.
Ano: 2007 URL: http://purl.umn.edu/9939
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Neue empirische Befunde zur Preissetzung und zum Verbraucherverhalten im Lebensmitteleinzelhandel AgEcon
Herrmann, Roland; Moser, Anke; Werner, Elke.
There are two objectives of this article: (i) It is discussed theoretically how the dynamics of pricing decisions of multiproduct retailers can be explained. (ii) It is analyzed empirically by use of scanner data how prices are actually set and how consumers react at the point of sale to price changes and promotional activities by retailers. The empirical evidence focuses on breakfast products in general and jam and breakfast cereals in particular. Main results are the following: 1. Theory of optimal pricing by multiproduct firms suggests that direct and cross price elasticities of demand and marginal costs determine the profit-maximizing price at one point of time. Good reasons do exist additionally for multiproduct retailers to vary prices...
Tipo: Journal Article Palavras-chave: Food retailing; Scanner data; Price policy; Food demand; Store-level; Price elasticity; Multiproduct firms; Jam; Breakfast cereals; Agribusiness; Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/98115
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Do private labels generate customer loyalty in food retailing? AgEcon
Wettstein, Nadine; Brosig, Stephan; Glauben, Thomas; Hanf, Jon Henrich; Loy, Jens-Peter.
The increase of private labels in food retailing and retailers' high expenditures for establishing them raise one central question: Do consumers really consider private labels as "real" brands and develop loyalty towards them. We analyse a four year panel data set on frozen pizza purchases to study differences in consumers' repurchasing behaviour between two strong national brands and private labels. In sum, our results show significant differences. However, the observable repurchase behaviour can not fully reflect the attitudinal component of brand loyalty. So subsequently, we present potential approaches to identify the underlying attitudinal component.
Tipo: Conference Paper or Presentation Palavras-chave: Food retailing; Private labels; Brand loyalty; Panel data; Hazard analysis; Consumer/Household Economics; Marketing.
Ano: 2009 URL: http://purl.umn.edu/53265
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Concentration in food retailing and anti-competitive practices in Turkey AgEcon
Koc, A. Ali; Boluk, Gulden; Kovaci, Sureyya.
As seen in many developing countries, concentration and globalization have substantially increased in food retailing in Turkey. Foreign direct investment, incentives to reduce informal economy through modern retailing, income, education, economic crises and urbanization are the main drivers for structural change of retail supply chain. Market shares of global retailers have increased in general and also food sub-sectors. The restructuring and concentration in food retailing have changed the marketing system and conditions facing firms. Concentration is also expected to increase in the future. With increasing concentration, anti-competitive practices has appeared in the food supply chain in Turkey: listing fees, shelf fees, advertising and announcing fee,...
Tipo: Conference Paper or Presentation Palavras-chave: Food retailing; Restructuring in food retailing; Buyer power and competition in food retailing.; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety.
Ano: 2009 URL: http://purl.umn.edu/58077
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Examining the Intertwined Spatial Relationships in Food Retailing: The Case of Second Life AgEcon
Bourlakis, Michael; Papagiannidis, Savvas.
This paper analyses the evolution of food retailing and describes how metaverses impact on it considering that retailers could be present in three different, but intertwined spaces. Our analysis deals with the major promotional issues, challenges and opportunities faced by traditional retailers, e-retailers and metaverse food retailers and the case of Second Life, a popular metaverse, is examined. A major finding is that retailers should apply a holistic approach when developing their promotional strategies aiming to have a presence in all three spaces. The authors suggest the pressing need for food policy development and stress the promotional and transactional potential that metaverses provide to other agri-food chain members including SMEs and...
Tipo: Conference Paper or Presentation Palavras-chave: Food retailing; Metaverses; Virtual worlds; Second Life; Marketing and promotion; Agribusiness; Agricultural and Food Policy; Farm Management; Food Consumption/Nutrition/Food Safety; Industrial Organization.
Ano: 2008 URL: http://purl.umn.edu/49770
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A HAZARD ANALYSIS OF CONSUMERS’ SWITCHING BEHAVIOUR IN GERMAN FOOD RETAILING FOR DAIRY PRODUCTS AgEcon
Olearius, Gotz; Roosen, Jutta; Drescher, Larissa S..
German food retailing is characterized by fierce competition among retail chains for consumer shopping. This paper considers the switching behaviour using data of white dairy product purchases. The empirical investigation uses a survival analysis approach, in particular hazard analysis. The results extend the knowledge of shopping behaviour by providing a new set of explaining variables and the importance of the first store, defined as store with the major share of household budget, becomes apparent. On average, households buy dairy products 42 times per year. Thereof 58 % are retail chain switches and in 41 % of all cases the households remain at the previously visited retail chain. Generally a low customer loyalty is visible in this investigation. It is...
Tipo: Conference Paper or Presentation Palavras-chave: Switching behaviour; Store choice; Store loyalty; Hazard analysis; Food retailing; Geschäftsstättenwahl; Geschäftsstättenwechsel; Einkaufsverhalten; Hazard Analyse; Lebensmitteleinzelhandel; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Community/Rural/Urban Development; Food Consumption/Nutrition/Food Safety; Industrial Organization.
Ano: 2011 URL: http://purl.umn.edu/114516
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Consumer Behaviour towards Own Label: monitoring the Greek experience AgEcon
Boutsouki, Christina; Zotos, Yorgos; Masouti, Zafeiria.
In Greece, the traditional perceptions of private label were once of low quality, unbranded alternatives, attracting the most cost-conscious consumers. In today’s private label market, however, a different level of products has emerged – the premium “branded” private label product. Based on a consumer survey conducted in Greece, the current study discusses consumer’s attitude and satisfaction with respect to private label products. Frequency of purchase and consumer characteristics are also discussed in light of empirical evidence.
Tipo: Journal Article Palavras-chave: Private label; Consumer attitude; Greece; Food retailing; Consumer/Household Economics.
Ano: 2009 URL: http://purl.umn.edu/93805
Registros recuperados: 15
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