Retail innovation technologies
Commerce, as an important industry of any national economy, is a socially important complex of activities, which has to correspond to the general level of development and civilization of the community it serves. Considering this, the essential priorities commercial activity will turn to are represen...
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Format: | Article |
Language: | English |
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Academy of Economic Studies of Bucharest
2015-05-01
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Series: | Amfiteatru Economic |
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Online Access: | http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=2402 |
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author | Vasile Dinu |
author_facet | Vasile Dinu |
author_sort | Vasile Dinu |
collection | DOAJ |
description | Commerce, as an important industry of any national economy, is a socially important complex of activities, which has to correspond to the general level of development and civilization of the community it serves. Considering this, the essential priorities commercial activity will turn to are represented by the increased power that consumers get through better informing, the assurance of a better connection between retail and innovation, more equitable and sustainable commercial relationships along the purchase chain, the improvement of retail services accessibility, the creation of a better work environment through the better correlation between employers’ needs and employers’ competences.
Retail is permanently adapting to the changing market conditions, remaining a high competitive sector. Modern buyer is hurried, more mobile, better informed; more concerned about health, environment, comfort and aesthetics issues, more demanding in terms of quality and level of customization. Population migration, urbanization, and ageing, its absolute decrease, the average households size reduction, are all demographic trends to which retail must provide an appropriate answer. Retail businesses operating costs tend to increase, while buyers are warier under the impact of the global financial crisis, which will put additional pressure on profit margins. |
first_indexed | 2024-04-11T08:44:55Z |
format | Article |
id | doaj.art-0a98da207846432780cc53b7c7147857 |
institution | Directory Open Access Journal |
issn | 1582-9146 2247-9104 |
language | English |
last_indexed | 2024-04-11T08:44:55Z |
publishDate | 2015-05-01 |
publisher | Academy of Economic Studies of Bucharest |
record_format | Article |
series | Amfiteatru Economic |
spelling | doaj.art-0a98da207846432780cc53b7c71478572022-12-22T04:34:00ZengAcademy of Economic Studies of BucharestAmfiteatru Economic1582-91462247-91042015-05-011739516516Retail innovation technologiesVasile Dinu0The Bucharest University of Economic Studies, RomaniaCommerce, as an important industry of any national economy, is a socially important complex of activities, which has to correspond to the general level of development and civilization of the community it serves. Considering this, the essential priorities commercial activity will turn to are represented by the increased power that consumers get through better informing, the assurance of a better connection between retail and innovation, more equitable and sustainable commercial relationships along the purchase chain, the improvement of retail services accessibility, the creation of a better work environment through the better correlation between employers’ needs and employers’ competences. Retail is permanently adapting to the changing market conditions, remaining a high competitive sector. Modern buyer is hurried, more mobile, better informed; more concerned about health, environment, comfort and aesthetics issues, more demanding in terms of quality and level of customization. Population migration, urbanization, and ageing, its absolute decrease, the average households size reduction, are all demographic trends to which retail must provide an appropriate answer. Retail businesses operating costs tend to increase, while buyers are warier under the impact of the global financial crisis, which will put additional pressure on profit margins.http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=2402Editorial |
spellingShingle | Vasile Dinu Retail innovation technologies Amfiteatru Economic Editorial |
title | Retail innovation technologies |
title_full | Retail innovation technologies |
title_fullStr | Retail innovation technologies |
title_full_unstemmed | Retail innovation technologies |
title_short | Retail innovation technologies |
title_sort | retail innovation technologies |
topic | Editorial |
url | http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=2402 |
work_keys_str_mv | AT vasiledinu retailinnovationtechnologies |