The Stahl model is one of the most applied consumer search models, with many applications and an empirical background. The present paper explores an extension where sellers have asymmetries, which is mostly excluded by the literature. Sellers with heterogeneous numbers of stores are introduced, reflecting a typical market structure. As in the original Stahl model, a market consists of several s...

An area supervisor managing an area chain of local urban retail stores faces the problem of determining the number of employees and allocating them to retail stores (workforce size and its allocation). We propose a model to maximize the overall expected profit rate of a coordinated area chain where employee absenteeism is uncertain. Retail stores operate as a Markovian loss queueing system. An ...

Retail trade has always been an extremely dynamic industry, especially in terms of innovation both products and business models, the application technologies marketing tools, digitalization retail processes rapidity transition to hybrid forms sales. The speed introduction new is increasing, so Ukrainian companies various sizes formats need take into account experience foreign retailers, hyperma...

This paper aims at determining the optimal number of new facilities besides specifying both the optimal location and design level of them under the budget constraint in a competitive environment by a novel hybrid continuous and discrete firefly algorithm. A real-world application of locating new chain stores in the city of Tehran, Iran, is used and the results are analyzed. In addition, several...

It is now a norm in the convenience store supply chain that a logistics company (or companies) provides logistics services to both chain stores and their suppliers. The coverage rate of stores has become the major factor for winning in the marketplace of chain store businesses. Logistics companies need to establish a logistics center for each market area to provide quick response to the stores ...

The present paper analyses the impact of sales promotions on store performance, in the short and long term, from the retailer’s point of view. Relationships among promoted and regular sales in the hypermarkets of a large-scale retail chain of national importance, are investigated by means of a structural vector autoregressive model (SVAR). Statistically significant effects of sales promotions i...