Multi-Unit Retailing: The Role Of Control As A Determinant Of Success
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Keywords
multi-unit retailing, fragmenting markets
Abstract
To meet the demands of fragmenting markets and to enhance their financial success, small retailers often expend to multi-unit operations. A successful expansion requires careful strategic planning and control. This research indicates that there is a positive relationship between financial success and the degree of centralized control over store identity, buying, and management of certain retailers. Evidence further indicates a synergistic effect among these control variables.
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