Retailers’ competitiveness on global markets
The aim of the chapter is to show that now retail trade is a global sector but because of its specificity new strategies are necessary if global retailers want to sustain their advantage. The concept of globalization is discussed and then referenced to the retail sector. The process of retail inte...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Krakow University of Economics
2017-02-01
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| Series: | International Entrepreneurship Review |
| Subjects: | |
| Online Access: | https://iertest.uek.krakow.pl/index.php/pm/article/view/1242 |
| _version_ | 1797712801618198528 |
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| author | Grażyna Śmigielska Renata Oczkowska |
| author_facet | Grażyna Śmigielska Renata Oczkowska |
| author_sort | Grażyna Śmigielska |
| collection | DOAJ |
| description | The aim of the chapter is to show that now retail trade is a global sector but because of its specificity new strategies are necessary if global retailers want to sustain their advantage. The concept of globalization is discussed and then referenced to the retail sector. The process of retail internationalization which resulted in the globalization of retail sector is analyzed. It is assumed that the retailers were motivated by the goal of sustaining their competitive advantage. So some ideas of the main theoretical views of developing sustainable competitive advantage (SCA): Environmental View and Resource Based View, referring to the process of internationalization as well as Yip’s description of globalization process are presented. On the examples of some companies, leading the process of retail fast internationalization in XX century, like Ikea, Benetton, Carrefour, Wal-Mart, it is shown how the resources they developed and external environment contributed to their globalization process. It is found out that there were two stages of the globalization of retail sector: first, in which non food companies develop on international market and second, when the mass merchandisers offering food and other Fast Moving Consumer Goods (FMCG) were involved. The fact that after fast internationalization representatives of both groups face problems leads to the conclusion that to be successful in the contemporary global retail market new capabilities should be developed. |
| first_indexed | 2024-03-12T07:27:09Z |
| format | Article |
| id | doaj.art-5a5dfd7a695b404f891fcccd1b12e8e2 |
| institution | Directory Open Access Journal |
| issn | 2658-1841 |
| language | English |
| last_indexed | 2024-03-12T07:27:09Z |
| publishDate | 2017-02-01 |
| publisher | Krakow University of Economics |
| record_format | Article |
| series | International Entrepreneurship Review |
| spelling | doaj.art-5a5dfd7a695b404f891fcccd1b12e8e22023-09-02T22:06:27ZengKrakow University of EconomicsInternational Entrepreneurship Review2658-18412017-02-0131Retailers’ competitiveness on global marketsGrażyna Śmigielska0Renata Oczkowska1Cracow University of EconomicsCracow University of EconomicsThe aim of the chapter is to show that now retail trade is a global sector but because of its specificity new strategies are necessary if global retailers want to sustain their advantage. The concept of globalization is discussed and then referenced to the retail sector. The process of retail internationalization which resulted in the globalization of retail sector is analyzed. It is assumed that the retailers were motivated by the goal of sustaining their competitive advantage. So some ideas of the main theoretical views of developing sustainable competitive advantage (SCA): Environmental View and Resource Based View, referring to the process of internationalization as well as Yip’s description of globalization process are presented. On the examples of some companies, leading the process of retail fast internationalization in XX century, like Ikea, Benetton, Carrefour, Wal-Mart, it is shown how the resources they developed and external environment contributed to their globalization process. It is found out that there were two stages of the globalization of retail sector: first, in which non food companies develop on international market and second, when the mass merchandisers offering food and other Fast Moving Consumer Goods (FMCG) were involved. The fact that after fast internationalization representatives of both groups face problems leads to the conclusion that to be successful in the contemporary global retail market new capabilities should be developed.https://iertest.uek.krakow.pl/index.php/pm/article/view/1242globalizationsustainable competitive advantageresource based theoryretailing |
| spellingShingle | Grażyna Śmigielska Renata Oczkowska Retailers’ competitiveness on global markets International Entrepreneurship Review globalization sustainable competitive advantage resource based theory retailing |
| title | Retailers’ competitiveness on global markets |
| title_full | Retailers’ competitiveness on global markets |
| title_fullStr | Retailers’ competitiveness on global markets |
| title_full_unstemmed | Retailers’ competitiveness on global markets |
| title_short | Retailers’ competitiveness on global markets |
| title_sort | retailers competitiveness on global markets |
| topic | globalization sustainable competitive advantage resource based theory retailing |
| url | https://iertest.uek.krakow.pl/index.php/pm/article/view/1242 |
| work_keys_str_mv | AT grazynasmigielska retailerscompetitivenessonglobalmarkets AT renataoczkowska retailerscompetitivenessonglobalmarkets |