The Impact of Retail Formats on the Development of Food Retailing

Objective: The main objective of this paper is to analyse the development of retail formats and their impact on the development of food retailing, through empirical testing of the largest food retailers within the timeframe 2009-2014. Research Design & Methods: This paper shall, in addition to...

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Main Authors: Sreten Ćuzović, Svetlana Sokolov Mladenović, Djordje Ćuzović
Format: Article
Language:English
Published: Cracow University of Economics 2017-03-01
Series:Entrepreneurial Business and Economics Review
Subjects:
Online Access:https://eber.uek.krakow.pl/index.php/eber/article/view/169
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author Sreten Ćuzović
Svetlana Sokolov Mladenović
Djordje Ćuzović
author_facet Sreten Ćuzović
Svetlana Sokolov Mladenović
Djordje Ćuzović
author_sort Sreten Ćuzović
collection DOAJ
description Objective: The main objective of this paper is to analyse the development of retail formats and their impact on the development of food retailing, through empirical testing of the largest food retailers within the timeframe 2009-2014. Research Design & Methods: This paper shall, in addition to the review of literature on the development of retail formats, focus on the analysis of the Global Power of Retailing report 2011-2016. Statistical material consists of the available data on the ranking of the largest retail companies, viewed by sales volume, in the period from 2009 to 2014, published annually by the consulting firm, Deloitte Touche. Findings: The research results show the dominant share of food retailers in the total number of retailers in the list of Top 250 retailers. In addition, the results point to a different structure of food retail formats in the period from 2009 to 2014. The position of individual food retailers in the list of the most successful ones changes over time and standard multiple regression results show that this is due to the introduction of new retail formats. Implications & Recommendations: Continuing innovation in the field of retail formats is very important to food retailers. Decision makers need to pay special attention and focus on increasing the sales volume and better ranking of companies in the list of most successful ones, where one of the factors is the introduction of new retail formats. Contribution & Value Added: The originality of this work lies in studying some aspects of the FDI inflow into the group of both similar and different countries in terms of economy.            
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spelling doaj-art-2b9ffc662b2144bb89ff1e5803822ce02025-08-20T03:51:56ZengCracow University of EconomicsEntrepreneurial Business and Economics Review2353-88212017-03-015110.15678/EBER.2017.050101136The Impact of Retail Formats on the Development of Food RetailingSreten Ćuzović0Svetlana Sokolov Mladenović1Djordje ĆuzovićUniversity of NisUniversity of Nis, Faculty of Economics Objective: The main objective of this paper is to analyse the development of retail formats and their impact on the development of food retailing, through empirical testing of the largest food retailers within the timeframe 2009-2014. Research Design & Methods: This paper shall, in addition to the review of literature on the development of retail formats, focus on the analysis of the Global Power of Retailing report 2011-2016. Statistical material consists of the available data on the ranking of the largest retail companies, viewed by sales volume, in the period from 2009 to 2014, published annually by the consulting firm, Deloitte Touche. Findings: The research results show the dominant share of food retailers in the total number of retailers in the list of Top 250 retailers. In addition, the results point to a different structure of food retail formats in the period from 2009 to 2014. The position of individual food retailers in the list of the most successful ones changes over time and standard multiple regression results show that this is due to the introduction of new retail formats. Implications & Recommendations: Continuing innovation in the field of retail formats is very important to food retailers. Decision makers need to pay special attention and focus on increasing the sales volume and better ranking of companies in the list of most successful ones, where one of the factors is the introduction of new retail formats. Contribution & Value Added: The originality of this work lies in studying some aspects of the FDI inflow into the group of both similar and different countries in terms of economy.            https://eber.uek.krakow.pl/index.php/eber/article/view/169retail formatsfood retailinginnovationranking of food retailersinternationalisation
spellingShingle Sreten Ćuzović
Svetlana Sokolov Mladenović
Djordje Ćuzović
The Impact of Retail Formats on the Development of Food Retailing
Entrepreneurial Business and Economics Review
retail formats
food retailing
innovation
ranking of food retailers
internationalisation
title The Impact of Retail Formats on the Development of Food Retailing
title_full The Impact of Retail Formats on the Development of Food Retailing
title_fullStr The Impact of Retail Formats on the Development of Food Retailing
title_full_unstemmed The Impact of Retail Formats on the Development of Food Retailing
title_short The Impact of Retail Formats on the Development of Food Retailing
title_sort impact of retail formats on the development of food retailing
topic retail formats
food retailing
innovation
ranking of food retailers
internationalisation
url https://eber.uek.krakow.pl/index.php/eber/article/view/169
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