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Registros recuperados: 11
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How changes in consumer behaviour and retailing affect competence requirements for food producers and processors AgEcon
Grunert, Klaus G..
This paper analyses the changing competence requirements which members of the food chain face in their pursuit of competitive advantage. Two groups of trends serve as point of departure: more dynamic and heterogeneous consumer demands, which can be analysed in terms of consumer demands for sensory, health, process and convenience qualities, and changing roles for retailers in the food chain. Based on these trends, it is argued that competencies which can increase producers‘ level of market orientation get increased weight in the attainment of competitive advantage, and three types of competencies are singled out as especially important: consumer understanding, relationship management, and new product development. The development of market-related...
Tipo: Journal Article Palavras-chave: Consumer behaviour; Retailing; Competence; New trends; Food chain; M31; Q13; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety.
Ano: 2006 URL: http://purl.umn.edu/8007
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Price and Product-Line Rivalry Among Supermarket Retailers AgEcon
Richards, Timothy J..
Product-line length, or variety, is a key competitive tool used by retailers to differentiate themselves from rivals. Theoretical models of price and variety competition suggest that both store and product heterogeneity are key determinants of price and variety strategies, but none test this hypothesis in a rigorous way. This study provides the first empirical evidence on supermarket retailers' combined price and variety strategies using a nested CES modeling framework. Unlike other discrete-choice models of product differentiation, the NCES model is sufficiently general to admit both corner and interior solutions in both store and product choice. The model is estimated using store-level scanner data for all grocery chains in a major West Coast market and...
Tipo: Working or Discussion Paper Palavras-chave: Game theory; Nested CES; Price competition; Retailing; Variety.; Demand and Price Analysis.
Ano: 2004 URL: http://purl.umn.edu/28535
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KEY DEVELOPMENTS IN THE FOOD DISTRIBUTION SYSTEM AgEcon
Larson, Ronald B..
Many changes are occurring in food retailing. Forces driving these changes include the sales gains by supercenter, membership club, and convenience stores, the growing popularity of foodservice, the expansion of private label products (and the response by branded food manufacturers), and the identification of new consumer interests and concerns. These forces encouraged food processors, distributors, and retailers to improve the efficiency of the food distribution system. The Efficient Consumer Response and Efficient Foodservice Response initiatives are designed to lower the costs to move products through the system. These developments in the food distribution system have several important implications for other food and agricultural businesses.
Tipo: Working or Discussion Paper Palavras-chave: Supercenter; Membership Club; New Products; Private Label; Supermarket; Retailing; Efficient Consumer Response; Efficient Foodservice Response; Food Spending; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; Industrial Organization; Marketing.
Ano: 1997 URL: http://purl.umn.edu/14350
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Spatial Competition and Private Labels AgEcon
Richards, Timothy J.; Hamilton, Stephen F.; Patterson, Paul M..
Private labels, also known as store brands, are an important component of competitive strategy among multi-product retailers, as they can increase retailers’ power over suppliers in the vertical channel or facilitate horizontal differentiation among retailers. This paper seeks to identify the relative importance of each role, conditional on the location of both private labels and national brands of ice cream in attribute space. We find that retailers’ share of the total margin (retail price less production cost) is higher for private labels than national brands when retailers choose to imitate national brands with their own offerings.
Tipo: Journal Article Palavras-chave: Multi-product oligopoly; Nested logit; Private labels; Retailing; Spatial modeling; Industrial Organization.
Ano: 2010 URL: http://purl.umn.edu/93207
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Valuation of New Products in the Face of Consumer Income Disparity AgEcon
Pofahl, Geoffrey M.; Richards, Timothy J.; Tonsor, Glynn T..
The objective of this research is to begin exploring the welfare effects of new food product introductions and to determine whether such effects vary depending on the income classification of the customer base to which the products are introduced. In other words, when new products are introduced to both high- and low-income markets, is there a significant difference in estimated welfare effects that can be attributed to differences in consumer-base income levels? In an application involving new bottled juice introductions, we do, in fact, find notable differences in welfare effects accruing to different income-class cohorts. Our results provide important evidence of the need for an even greater understanding of new product welfare effects and how these...
Tipo: Conference Paper or Presentation Palavras-chave: Compensating variation; Differentiated products; Distance metrics; New product valuation; Retailing; Consumer/Household Economics.
Ano: 2009 URL: http://purl.umn.edu/49571
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Market Dynamics in Supply Chains: The Impact of Globalisation and Consolidation on Food Companies' Mark-Ups AgEcon
Kaditi, Eleni A..
This paper examines whether ownership and increased competitive pressure affect food retailers’ market power, analysing whether all actors involved in the food supply chain deviate from the pricing behaviour that exists under perfect competition. A method proposed by Roeger (1995) is used to estimate price-cost margins, relaxing the assumptions of perfect competition and constant returns to scale. The obtained results show that foreign investments and consolidation have a positive and significant impact on the market power of food processors and retailers. Food processors, agricultural producers and wholesalers have lower price-cost margins than retailers, which suggests that these actors price closer to marginal costs being more concerned with maximising...
Tipo: Conference Paper or Presentation Palavras-chave: Price-cost mark-ups; Multinational firms; Retailing; Agribusiness; F23; L13; L81.
Ano: 2011 URL: http://purl.umn.edu/114452
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Does traceability play a role in retailer’s strategies for private labels? AgEcon
Banterle, Alessandro; Souza Monteiro, Diogo M.; Stranieri, Stefanella.
Traceability is helping retailers manage food safety risks and support product differentiation. This paper aims to investigate how traceability may be used to screen supplier for private labels dedicated provider pools. Retailers in the UK and Italy have several private label product lines and increasingly select dedicated suppliers. The choice of providers is a typical agency problem as retailers contract the production for their private labels, having incomplete information on types and effort of their suppliers. Different contracts must be designed for suppliers of private labels depending on position of the product line and its food safety risk. A case study, based on the second largest Italian retailer reveals that traceability and quality assurance...
Tipo: Conference Paper or Presentation Palavras-chave: Traceability; Dedicated providers; Food products; Retailing; Vertical coordination; Marketing; Q13; Q18; L81; L66; L15.
Ano: 2009 URL: http://purl.umn.edu/50933
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Ausmaß und Determinanten von Preisrigiditäten im deutschen Lebensmitteleinzelhandel - Eine emprische Analyse mit Scannerdaten AgEcon
Weber, Sascha A..
Although the dissertation is in German, on demand a bilateral discussion can be done in English language.
Tipo: Thesis or Dissertation Palavras-chave: Retailing; Price rigidity; Menu costs; Psychological pricing; Seemingly-unrelated-regression; Price elasticity; Store types; Agribusiness; Demand and Price Analysis; Industrial Organization; Research Methods/ Statistical Methods.
Ano: 2009 URL: http://purl.umn.edu/94613
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Competition Effects of Supermarket Services AgEcon
Bonanno, Alessandro; Lopez, Rigoberto A..
This paper investigates the effect of in-store services on retail food prices, supermarket competition, and demand using fluid milk as a case study. It is shown that higher-service supermarkets charge higher milk prices essentially because of an increase in market power due to differentiation of service offering. Results show that different types of services impact milk prices differently, that upscale food-retailers face stronger competition in newer services, and that service competition results in a trade-off for the consumer between the attractiveness of the enhanced retail configuration and the increase in prices.
Tipo: Conference Paper or Presentation Palavras-chave: Retailing; Pricing; Milk; Supermarkets; Agribusiness; L81; D40; L66.
Ano: 2007 URL: http://purl.umn.edu/9833
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Is Wal-Mart a Monopsony? Evidence from Local Labor Markets AgEcon
Bonanno, Alessandro; Lopez, Rigoberto A..
This paper measures the degree of monopsony power exerted by Wal-Mart over retail workers using a dominant-firm model and data in the 48 contiguous U.S. states for counties where the company operates, presenting for the first time a measure of the company’s anticompetitive behavior. Empirical results show that Wal-Mart’s monopsony power over workers varies significantly across the country, being higher in non-metro and rural counties, particularly in the south. For instance, Wal-Mart’s buying power index in labor markets in rural southern and central states is estimated to be 5% or higher while the impact on northeastern states’ retail wages is negligible.
Tipo: Conference Paper or Presentation Palavras-chave: Wal-Mart; Monopsony power; Wages; Labor; Retailing; Community/Rural/Urban Development; Industrial Organization; Labor and Human Capital; Research Methods/ Statistical Methods; J42; L13; L81.
Ano: 2009 URL: http://purl.umn.edu/51289
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Innovation in Food Networks and Organizational Diversity: A Case Study from the UK Retail Cooperative Sector AgEcon
Sodano, Valeria; Hingley, Martin.
The still ongoing processes of consolidation and globalization affect the organizational diversity of the food system in very complex and somehow contradictory ways. The few transnational companies (TNCs) in whose hands the most part of food processing and distribution activities is concentrated, continuously look for organizational innovations to enhance their profits. Inter-firms collaborative arrangements, global sourcing and sector diversification are some of the most widely followed strategies that require (and/or lead to) new organizational forms. The paper identifies some important patterns of organizational structures and innovation in the food (and specifically food retailing) system, in order to evaluate the role and the competitiveness of...
Tipo: Conference Paper or Presentation Palavras-chave: Cooperatives; Local and global competitiveness; Retailing; Regional sourcing; Socially responsible food networks; UK; Agribusiness; Agricultural and Food Policy; Farm Management; Food Consumption/Nutrition/Food Safety; Research and Development/Tech Change/Emerging Technologies; Risk and Uncertainty.
Ano: 2009 URL: http://purl.umn.edu/59199
Registros recuperados: 11
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