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The Impact Of Wal Mart Supercenter Conversion On Consumer Shopping Behaviors
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Book Synopsis The Impact of Wal-Mart Supercenter Conversion on Consumer Shopping Behaviors by : Minha Hwang
Download or read book The Impact of Wal-Mart Supercenter Conversion on Consumer Shopping Behaviors written by Minha Hwang and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an empirical study of the impact of Wal-Mart supercenter conversion (i.e., expansion of traditional discount-format stores by adding new departments) on consumer shopping behaviors. By using a difference-in-difference estimator and a joint model of store visits and expenditure based on a zero-inflated Poisson model and a log-linear model, we find that Wal-Mart gains 42% in weekly revenue from the conversion. Decomposing the revenue gains into components attributed to store visits and per-visit expenditures, we find that the majority of these gains were due to larger expenditures, with a much smaller impact from store visits. In contrast, among competing retailers, grocery stores experience the most significant loss (20% weekly revenue) mostly from fewer store visits, with a much smaller impact from per-visit expenditure. Taken together, these findings show that consumers may benefit from reduced shopping costs by making fewer overall trips and increasing their Wal-Mart basket sizes. In addition, we find that overall revenue gains for Wal-Mart from the conversion outweigh the small cannibalization loss at the existing Wal-Mart supercenters located farther away. Finally, from category-level analyses, we find evidence of increases in category-level spending in pre-existing categories in the converted supercenter. However, we also find that the increase in category-level spending is limited only to food categories and that there are no changes in spending in the non-food categories. We discuss the implications of our findings for academics and retail managers.
Book Synopsis Impact of Wal-Mart Supercenter Entry on Consumer Purchase Behavior by : Vishal P. Singh
Download or read book Impact of Wal-Mart Supercenter Entry on Consumer Purchase Behavior written by Vishal P. Singh and published by . This book was released on 2005 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Supermarkets operate in a ...
Book Synopsis The Wal-Mart Revolution by : Richard K. Vedder
Download or read book The Wal-Mart Revolution written by Richard K. Vedder and published by A E I Press. This book was released on 2006 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wal-Mart is under attack--from labor unions, urban planners, globalization critics, and community activists. Looking at Wal-Mart, the authors review conditions before and after Wal-Mart entered a local market and look more broadly at Wal-Mart's impact on wages, productivity growth and inflation. Vedder and Cox show that the retailer has been a force for good.
Book Synopsis The Impact of Wal-Mart Supercenters on Supermarket Concentration in U.S. Metropolitan Areas by : Andrew William Franklin
Download or read book The Impact of Wal-Mart Supercenters on Supermarket Concentration in U.S. Metropolitan Areas written by Andrew William Franklin and published by . This book was released on 2001 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Consumer Benefits from Increased Competition in Shopping Outlets by : Jerry A. Hausman
Download or read book Consumer Benefits from Increased Competition in Shopping Outlets written by Jerry A. Hausman and published by . This book was released on 2005 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Consumers often benefit from increased competition in differentiated product settings. In this paper we consider consumer benefits from increased competition in a differentiated product setting: the spread of non-traditional retail outlets. In this paper we estimate consumer benefits from supercenter entry and expansion into markets for food. We estimate a discrete choice model for household shopping choice of supercenters and traditional outlets for food. We have panel data for households so we can follow their shopping patterns over time and allow for a fixed effect in their shopping behavior. We find the benefits to be substantial, both in terms of food expenditure and in terms of overall consumer expenditure. Low income households benefit the most"--National Bureau of Economic Research web site.
Book Synopsis Handbook of Research on Retailing by : Katrijn Gielens
Download or read book Handbook of Research on Retailing written by Katrijn Gielens and published by Edward Elgar Publishing. This book was released on 2018-08-31 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: The advent of e-commerce and the rise of hard discounters have put severe pressure on traditional retail chains. Boundaries are blurring: traditional brick & mortar players are expanding their online operations and/or setting up their own discount banners, while the power houses of online retail are going physical, and hard discounters get caught up in the Wheel of Retailing. Even successful companies cannot sit back and rest, but need to prepare for the next wave of change. In the face of this complexity, it is all the more important to take stock of current knowledge, based on insights and experience from leading scholars in the field. What do we know from extant studies, and what are the ensuing best practices? What evolutions are ahead, and will current recipes still work in the future? This Handbook sheds light on these issues.
Book Synopsis Supermarket and Consumer Responses to Superstore Expansion by :
Download or read book Supermarket and Consumer Responses to Superstore Expansion written by and published by . This book was released on 2013 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation examines the impact of superstores, such as Wal-Mart Supercenters (WMS), on competing supermarkets and consumer preferences via three essays. The first chapter examines the impact of WMS on supermarkets' strategic use of private labels and the control they may exercise over the pricing of manufacturer brands. It develops a structural model to investigate alternative pricing scenarios in which the supermarkets have varying control over manufacturer-brand retail prices. The analysis is applied to the milk market in the Dallas/Fort Worth metroplex. I find that Wal-Mart induces supermarkets to price their private label more competitively and induces the manufacturer to become more responsive to price changes. Consumers that continue shopping at traditional supermarkets are found to be less price-sensitive and value private label or store brands more than the manufacturer brand. The second chapter develops a conceptual model of the consumer value of consumption externalities and preference complementarities and illustrates their significance in an application to grocery-store outlet choice. Consumption externalities arise when the choices of others have an effect on the value of a household's purchases; preference complementarities arise when the choices of others have an effect on the marginal value of a household's purchases. I propose empirical measures of the value of consumption externalities and preference complementarities based on the benefit function. The results show that, in the long-run, superstores exhibit negative externalities and do not exhibit complementarity while purchases elsewhere exhibit positive externalities and do exhibit complementarity. The third chapter uses a structural model to examine the pricing behavior and promotion responses of incumbent supermarkets to a rapid expansion of Wal-Mart Supercenters (WMS) using the Dallas-Fort Worth milk market as a case study. Empirical results verify that WMS' expansion disciplines incumbent supermarkets by decreasing oligopoly power and numbing consumer responsiveness to promotion. In addition, WMS' expansion lures away price-sensitive consumers, leaving incumbent supermarkets to face more price-inelastic but lower demands for milk.
Book Synopsis The Wal-Mart Effect by : Charles Fishman
Download or read book The Wal-Mart Effect written by Charles Fishman and published by Penguin UK. This book was released on 2007-02-01 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Charles Fishman takes us into the heart of the biggest company on earth, ever, to show how the ‘Wal-Mart effect’ shapes lives everywhere, whether for cleaners in America, bicycle-makers in China or salmon farmers in Chile. Now Wal-Mart’s influence is so great it can determine everything from working practices to market forces themselves, Fishman asks: how did a shop manage to do all this? And what will the ultimate cost of low prices be?
Book Synopsis Handbook on the Economics of Retailing and Distribution by : Emek Basker
Download or read book Handbook on the Economics of Retailing and Distribution written by Emek Basker and published by Edward Elgar Publishing. This book was released on 2016-01-29 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook explores and critically examines current research in economics and marketing science on key issues in retailing and distribution. Providing a rich perspective for the discussion of public policy, contributions from several disciplines and continents range from the history of chains and the impact of multinational retailers on international trade patterns to US merger policy in the retail context, the rise of the Internet, and consumer-to-consumer sales. The chapters address methodological issues such as the structural estimation of entry games between retailers, productivity measurement when both inputs and output are not fully observable, and demand estimation with variable assortment. Policy issues explored include mergers, zoning, and the regulation of buyer power, while other chapters address some of the recent exciting developments in technology, retail formats, and data availability. The book goes on to study the changes in online retailing and ‘big data’, and to examine competition in specific retail sectors including gasoline stations, automobile dealerships, supermarkets, and ‘big box’ retail. This state-of-the-art Handbook is an essential reference for students and academics of economics and marketing science, and offers an outsider’s perspective to specialists in operations research, data analytics, geography, and sociology.
Book Synopsis The Economic Impacts of Walmart Supercenters by : Richard Volpe
Download or read book The Economic Impacts of Walmart Supercenters written by Richard Volpe and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our purpose is to review the economic impacts of Walmart's disruption of the food retailing industry. This review synthesizes the extant knowledge and research findings related to the economic impacts of Walmart's entry into, and subsequent domination of, food retailing in the United States and more broadly globally. The findings suggest five broad generalizations: (a) Walmart's physical growth in the United States has slowed considerably, but the company is growing rapidly in terms of total assets, digital capabilities, international presence, and sales per square foot; (b) Walmart's entry and presence are associated with lower food prices for households; (c) Walmart has considerable negative impacts on large competitors, particularly supermarkets, but the evidence for Walmart's deleterious impacts on small businesses is limited; (d) there is no consensus on the impact of Walmart on local employment, but most studies on the topic point to a modest increase in retail employment; and (e) Walmart likely increases food access but does not improve dietary quality.
Book Synopsis Retailing in the 21st Century by : Manfred Krafft
Download or read book Retailing in the 21st Century written by Manfred Krafft and published by Springer Science & Business Media. This book was released on 2009-12-17 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: With crisp and insightful contributions from 47 of the world’s leading experts in various facets of retailing, Retailing in the 21st Century offers in one book a compendium of state-of-the-art, cutting-edge knowledge to guide successful retailing in the new millennium. In our competitive world, retailing is an exciting, complex and critical sector of business in most developed as well as emerging economies. Today, the retailing industry is being buffeted by a number of forces simultaneously, for example the growth of online retailing and the advent of ‘radio frequency identification’ (RFID) technology. Making sense of it all is not easy but of vital importance to retailing practitioners, analysts and policymakers.
Book Synopsis The Local Economic Impact of Wal-Mart by : Michael J. Hicks
Download or read book The Local Economic Impact of Wal-Mart written by Michael J. Hicks and published by Cambria Press. This book was released on 2007 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: While there have been other books on Wal-Mart, none has provided scholarly economic analysis of the impact of this retail giant. "The Local Economic Impact of Wal-Mart" offers significant empirical evidence which highlights important questions.
Book Synopsis Access to Affordable and Nutritious Food: Measuring and Understanding Food Deserts and Their Consequences by : Michele Ver Ploeg
Download or read book Access to Affordable and Nutritious Food: Measuring and Understanding Food Deserts and Their Consequences written by Michele Ver Ploeg and published by DIANE Publishing. This book was released on 2010-02 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Food, Conservation, and Energy Act of 2008 directed the U.S. Dept. of Agr. to conduct a 1-year study to assess the extent of areas with limited access to affordable and nutritious food, identify characteristics and causes of such areas, consider how limited access affects local populations, and outline recommend. to address the problem. This report presents the findings of the study, which include results from two conferences of national and internat. authorities on food deserts and a set of research studies. It also includes reviews of existing literature, a national-level assessment of access to large grocery stores and supermarkets, analysis of the economic and public health effects of limited access, and a discussion of existing policy interventions. Illus.
Download or read book Urban Land written by and published by . This book was released on 1998 with total page 898 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Retailing Logistics and Fresh Food Packaging by : Kerstin Gustafsson
Download or read book Retailing Logistics and Fresh Food Packaging written by Kerstin Gustafsson and published by Kogan Page Publishers. This book was released on 2006-09-03 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: The supply of fresh food is being transformed: retailers are gaining increasing power and control from manufacturers and the location and nature of production is evolving. The international practitioner and academic author team analyse state of the art packaging logistics for fresh food retailing and draw on primary research in the UK, Europe and the USA. It demonstrates the benefits to be gained from adopting new techniques and provides lessons on how to achieve successful implementation. It will help organizations and academics understand the changes and opportunities in modern fresh food supply chains and how to overcome the challenges.
Download or read book Store Wars written by Greg Thain and published by John Wiley & Sons. This book was released on 2012-07-12 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sequel to the highly successful Store Wars: the battle for mindspace and shelfspace published in 1995. The new edition will retain all the strengths of the old book including a comprehensive and complex approach to the consumer & retail market and the interaction between FMCG retailers and manufacturers. The book will be thoroughly revised and updated and will consist of 4 main parts: A section on leading FMCG companies and brands (such as Coke, P&G, Unilever, Nestle, L'Oreal etc.), their marketing and branding strategies in the western markets (USA, Western Europe: UK, France, Germany and others). A section on leading retailers (Wal-Mart, Tesco, Carrefour etc.), their developments and expansion over the last 10 years. A section describing the interaction between retailers and manufacturers, including competition for end-consumers, trade marketing. A section covering the Emerging Markets—the retail landscape in the major developing economies, results of the expansion of major FMCG brands and western retail chains, challenges related to distribution and FMCG marketing in those countries. The book will also discuss the impact of the Global Crisis on the consumer and retail markets as well as predictions and prospects for the future.
Book Synopsis Data Warehousing by : Paul Westerman
Download or read book Data Warehousing written by Paul Westerman and published by Morgan Kaufmann. This book was released on 2001 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is data warehousing? -- Project planning -- Business exploration -- Business case study and ROI analysis -- Organizational integration -- Technology -- Database maintenance -- Technical construction of the Wal-Mart data warehouse -- Postimplementation of the Wal-Mart data warehouse -- Store operations sample analyses -- Merchandising sample analyses.
