When Wal-Mart Enters: How Incumbent Retailers React and How This Affects Their Sales Outcomes
نویسندگان
چکیده
منابع مشابه
Wal-Mart’s impact on supplier profits
Previous academic research on the expansion of dominant retailers such as Wal-Mart has looked at implications for incumbent retailers, consumers, and the local community. Little is known, however, about Wal-Mart’s influence on suppliers’ performance. Manufacturers suggest Wal-Mart uses its power to squeeze their profits. In this paper we study the validity of that claim. We investigate the unde...
متن کاملWall Street vs. Main Street: What are the Benefits and Costs of Wal-Mart to Local Communities?
“In business, there is big and there is Wal-Mart.” --BusinessWeek, October 6, 2003 So begins a recent report about the wide-ranging influence of Wal-Mart. To get a sense of just how big Wal-Mart is, consider the following: • Wal-Mart Stores, Inc. is the world’s largest retailer, with $285.2 billion in sales in the fiscal year ending Jan. 31, 2005 (Wal-Mart, 2006). • The company employs 1.2 mill...
متن کاملStrategic Leadership: Managing the Strategy-Making Process for Competitive Advantage Opening Case
Wal-Mart is one of the most extraordinary success stories in business history. Started in 1962 by Sam Walton, Wal-Mart has grown to become the world's largest corporation. In the financial year ending January 31, 2004, the discount retailer whose mantra is " every day low prices " had sales of nearly $256 billion, five thousand stores in ten countries (almost three thousand are in the United St...
متن کاملEntry of Wal-Mart Supercenters and Supermarkets’ Profit Margins
This article quantifies the impact of Wal-Mart Supercenters on supermarkets’ profitability via a two-stage dynamic entry game, using method of simulated moments and milk scanner data from Dallas/Fort Worth supermarkets. The empirical findings show that the entry of Wal-Mart Supercenters accounts for about an average 50% decrease in milk profit margins for incumbent supermarkets. Effects of scal...
متن کاملRetail Success and Key Drivers
The global retail landscape is changing in some dramatic ways. Retail sales are currently improving. At the same time, competitiveness of both the U.S. retail and global marketplace is escalating. Whereas category dominant retailers were once the store of choice for a variety of products, chains like Wal-Mart, Carrefour, METRO Group, Tesco and Target have taken over in most categories ranging f...
متن کامل