On the Retail Sector

2009 ◽  
Vol 21 (1) ◽  
pp. 69-78
Author(s):  
Amelia Correa
Keyword(s):  
Interest Rates ◽  
Price Level ◽  
Industrial Sector ◽  
Retail Trade ◽  
Retail Sector ◽  
Macroeconomic Model ◽  
Trade Sector

We append a retail trade sector to the industrial sector of an economy. The macroeconomic model is a variant of the circuit approach to monetary macroeconomics. The conclusion is that an increase in the size of the ‘unproductive’ sector, employment in the ‘productive’ sector remaining constant, leads to a rise in the price level and interest rates.

Probabilistic composition in quality management in the retail trade sector

2014 ◽  
Vol 31 (6) ◽  
pp. 718-736 ◽  
Author(s):  
Annibal Parracho Sant’Anna ◽  
Lidia Angulo Meza ◽  
Rodrigo Otavio Araujo Ribeiro
Keyword(s):  
Design Methodology ◽  
Failure Modes ◽  
Retail Trade ◽  
Retail Sector ◽  
Content Type ◽  
Modes Of Failure ◽  
Conceptual Aspect ◽  
Trade Sector ◽  
Practical Implications ◽  
Joint Probabilities

Purpose – The purpose of this paper is to discuss the application of a method for combining multiple criteria based on the transformation of numerical evaluations into probabilities of preference. It is applied to compare failure risks and to measure efficiency in the retail trade sector. Design/methodology/approach – The main conceptual aspect of the method employed is taking into account uncertainty. Its other important feature is allowing for the combination of evaluations in terms of joint probabilities. This avoids the need of assigning weights to the criteria. In the context of failure modes and effects analysis (FMEA) it provides a probabilistic derivation for priority scores. An application of FMEA to the sector of services is discussed. Another area of application investigated is the assessment of efficiency. Findings – Details of the application of the probabilistic composition in the evaluation of modes of failure and in the comparison of operational efficiencies of retail stores are evidenced. Research limitations/implications – The study is limited to the retail market. Other factors might be considered in the reliability analysis and other inputs and outputs might be added to the productivity evaluation. The extension of the study to other cases and sectors is straightforward. Practical implications – Features of the evaluation of modes of failure and of productivity in the retail sector are revealed. Originality/value – The main contribution of this paper is showing how to use a probabilistic framework to measure efficiency in services management.

scholarly journals Las secuelas de la crisis a través de la en la información financiera de las empresas de la distribución y el comercio al por menor español: pequeñas Vs grandes empresas

2016 ◽  
Vol 12 (5) ◽  
pp. 1505
Author(s):  
Remedios Ramón Dangla
Keyword(s):  
Retail Trade ◽  
Financial Information ◽  
Statistical Techniques ◽  
Retail Sector ◽  
Strong Position ◽  
Trade Sector ◽  
The Difference ◽  
Lineal Regression ◽  
High Level ◽  
Accounting Ratios

Purpose: In this paper, we analyze the evolution of the financial information of companies in the retail trade sector to show how and how much the actual crisis has affected them.Design/methodology: In this paper, we have established the hypothesis about the particular behavior of the sector due to its specialization in the sale of basic goods and the strong position of the trade chain in the market. For the analysis we searched an example of companies from the SABI database, then we sorted the sample by size and linked theirs to per capita income and domestic consumption through a lineal regression. We looked for the economic variable than were explaining the evolution of the results of the sector better and studied the evolution of efficiency, operability, profitability or financial solvency ratios. We analyzed the statistically significant changes on the accounting ratios depending of the company size.Findings: The retail trade sector could be could be listed as counter-cyclical sector but all companies have lost profitability although the small ones have lost more and have had to reorganize their financial structure as a result of the crisis. On the contrary, the big companies have kept their high level of indebtedness and even their negative working capital. The specialization in the sale of products with a low elasticity demand-income and the power in the markets have allowed that these big companies don´t suffer important changes in their revenue and expenditure results.Research limitations/implications: This investigation describes and analyzes, with statistical techniques, the evolution of several accounting ratio of the companies of the retail and the relation with economics variables. However, a study of other financial information and the utilization of other statistical techniques could explain with more accuracy the reasons of these results.Originality/value: On very few occasions the retail sector has been analyzed through their financial statements. The actual crisis has caused a restructuration in most of the companies, specially in the indebtedness level. However, the big companies of the retail sector haven´t needed deleverage. The difference of the crisis effect between companies of different sectors and between the size of the same sector, is presented as a different approach.

Comparative assessment of the inter-sectoral communications of the light industry of Ukraine and the certain countries EU

2020 ◽  
pp. 52-56
Author(s):  
Lyubomyr Sozanskyy
Keyword(s):  
Public Administration ◽  
Raw Materials ◽  
Comparative Assessment ◽  
Retail Trade ◽  
Motor Vehicles ◽  
Light Industry ◽  
Industrial Activity ◽  
Trade Sector ◽  
A Chain ◽  
Production Areas

The light industry is an important inter-sectoral segment and a chain of individual production areas. The purpose of the article is to carry out a comparative assessment of the cross-sectoral linkages of light industry of Ukraine with some EU countries and to prepare relevant analytical conclusions. The research revealed that the largest consumers of light industry products in 2013-2017 in Ukraine were the industries that belonged to this type of industrial activity (textile, clothing, leather and other materials), as well as the trade, furniture industry, public administration, and defense. The key problem for the functioning of the Ukrainian light industry is its high import dependence. In particular, the share of imports in intermediate consumption of light industry of Ukraine in 2017 was almost 60%. The share of imports in the expenditures of the Ukrainian light industry was almost 49%. The production activities of light industry in Ukraine use products of many ECs, but the main suppliers of raw materials and components are: textile production, production of clothing, leather, and other materials; production of chemicals and chemical products; wholesale and retail trade; supply of electricity, gas, steam, and air conditioning. In 2017, these four sectors totaled 70.74%. The following types of industrial activity in Ukraine have a significant potential for increasing output: production of rubber and plastic products; production of motor vehicles, trailers and semi-trailers; production of other vehicles; public administration and defense; compulsory social security; health care and social assistance. The further development and improvement of the technological level of Ukrainian light industry products requires greater integration of the latter with the trade sector. However, the trade sector in Ukraine requires a thorough “unshadowing”, i.e. legalization of all operations.

The Retail Trade Sector and the Food Industry in Italy

2012 ◽  
Author(s):  
Eliana Viviano ◽  
Aimone Gigio Luciana ◽  
Emanuela Ciapanna ◽  
Daniele Coin ◽  
Fabrizio Colonna ◽  
...  
Keyword(s):  
Food Industry ◽  
Retail Trade ◽  
Trade Sector

scholarly journals Raising the Barcode Scanner: Technology and Productivity in the Retail Sector

2012 ◽  
Vol 4 (3) ◽  
pp. 1-27 ◽  
Author(s):  
Emek Basker
Keyword(s):  
Labor Productivity ◽  
Network Externalities ◽  
New Technology ◽  
Retail Trade ◽  
Retail Sector ◽  
Fixed Costs ◽  
Grocery Industry ◽  
Coordination Problems ◽  
Level Data ◽  
Short Run

Barcodes and barcode scanners transformed the grocery industry in the 1970s. I use store-level data from the 1972, 1977, and 1982 Census of Retail Trade, matched to data on store scanner installations, to estimate scanners' effect on labor productivity. I find that scanners increased a store's labor productivity, on average, by approximately 4.5 percent in the first few years. The effect was larger in stores carrying more packaged products, consistent with the presence of network externalities. Short-run gains were small relative to fixed costs, suggesting that the impediment to widespread adoption of the new technology was profitability, not coordination problems. (JEL J24, L24, L81, O33)

scholarly journals RETAIL BUSINESS MODELS: ADAPTATION TO NEW CHALLENGES

2020 ◽  
Vol 133 (5) ◽  
pp. 77-88
Author(s):  
Iryna GANECHKO ◽  
Oksana TRUBEI
Keyword(s):  
Business Models ◽  
Rapid Change ◽  
Scientific Work ◽  
Integrated Approach ◽  
Retail Trade ◽  
Modern World ◽  
Retail Sector ◽  
Current Crisis ◽  
Retail Business ◽  
Crisis Conditions

Background. The retail sector in Ukraine is in crisis due to COVID-19. New risks and challenges have emerged that have put at risk the functioning of the trading industry. Therefore, there is a need to find ways to adapt and transform business models in retail to new, crisis conditions. Analysis of recent researches and publications. Peculiarities of trade business functio­ning in conditions of uncertainty, risks, and crises are actively studied by many scientists and practitioners. However, the issue of changing retail business models in the face of instability, which would allow companies to adapt to today’s challenges, remains insufficiently studied. The aim of the article is to study the process of transformation and adaptation of business models in retail to new economic realities, challenges, and threats associated with the situation around COVID-19. Materials and methods. The information base of this study was scientific work on the adaptation of business to modern conditions of instability and rapid change. The research methodology is based on a system of general scientific and special methods, in particular: analy­sis and synthesis; systematic and integrated approach. Results. The peculiarities of the instability of the modern world according to the VUCA concept, in particular its manifestations related to the COVID-19 pandemic, have been studied. The main threats to business development in the field of retail trade in the current crisis situation have been identified. Changes in business models in retail are proposed, which will help in adapting to difficult economic conditions and maintaining the competitiveness of retail enterprises in the consumer goods market. Conclusion. The necessity of transformational changes of business models in retail in order to adapt them to crisis conditions and ensure the survival of retail enterprises in today’s unstable world is proved.

scholarly journals Pengaruh Sektor Pariwisata Terhadap Perekonomian dan Keruangan Kota Bukittinggi (Pendekatan Analisis Input Output)

2017 ◽  
Vol 12 (4) ◽  
pp. 347
Author(s):  
Desi Arianti
Keyword(s):  
Urban Space ◽  
Service Sector ◽  
Power Index ◽  
Industrial Sector ◽  
Retail Trade ◽  
Sensitivity Index ◽  
Input Output ◽  
Tourism Sector ◽  
Investment Spending ◽  
The City

Bukittinggi city is one of the city located in the province of West Sumatra . Although it does not have the potential of natural resources that can be exploited , Bukittinggi has another potential, which is a beautiful natural conditions, the air is cool, has a historic heritage places, and is located in a strategic position potentially make this city as tourists visiting the area. Because of the potential of the tourism sector serve as a leading sector in the city of Bukittinggi, which is expected to be the main driver of the city economy. This research was conducted with input-output analysis approach, to examine how the influence of the tourism sector and linkages with other sectors of the economy of the town of Bukittinggi. Moreover it will be seen also how the spatial effect of the tourism sector on the pattern and structure of urban space Bukittinggi. The influence of the tourism sector to the economy of Bukittinggi shows the role of the tourism sector to the total demand is 40.86% when grouped into the business field of agriculture and mining sector, industrial sector, tourism sector and the service sector. Linkages with other sectors of the tourism sector seen from the spread of the power index and the degree of sensitivity, all sectors related to tourism activities have spread of power index > 1. But the degree of sensitivity index > 1 only occurs in large & retail trade sector and the transport, while the hotel secto, restaurants and entertainment and recreation has index < 1. Multiplier effect of all relevant sectors of tourism activities have a relatively large effect on both the output multiplier effects, household income and employment. Application of financial input scenarios, showing the influence of the tourism sector on the economy will be larger Bukittinggi if allocated greater financial inputs to the sectors of tourism, both in the form of government spending and investment spending. The existence of attractions around the city center has affected the structure of the city, where the activity and tourism-related businesses keen to be located closer to attractions. However, the pattern of urban development to the east, north and south of the city is more influenced by the presence of the road network.

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