Retail Companies Research Articles

Impact of the Product Master Data Quality on the Logistics Process Performance

Background: The importance of up-to-date product master data in the digital age should not be underestimated. However, companies still struggle to ensure high-quality product data, especially in the field of logistics. Hence, the focus of our research lies in the disregard of the importance of product data quality to the performance of logistics processes. Methods: The analysis of the influence of product data on the performance of logistics processes was carried out using data from two fast-moving consumer goods (FMCG) distribution and retail companies. Data were gathered via interviews, while process activities were timed using a stopwatch, and interruptions were documented. The significance of the impact was determined using inferential statistical procedures based on the variable and the measurement scale type employed. Results: The quality of product master data has a significant impact on the performance of logistics processes; while managers are aware of the complications, they lack the motivation to detect and analyse such inaccuracies. Conclusion: The findings enhance comprehension of the obstacles generated by inadequate product data in logistics, which obstruct optimisation, and offer numerical proof of the impact of product data quality on logistics performance, thus expanding the current body of research.

Workplace interventions to reduce the risk of SARS-CoV-2 infection outside of healthcare settings.

Workplace interventions to reduce the risk of SARS-CoV-2 infection outside of healthcare settings.

Analysis of Candy Tobacco Imitation Products Available Online in the United States.

Youth tobacco use remains a critical public health concern, and childhood use of candy tobacco imitation products (CTIP) is associated with cigarette use among youth. However, no research has examined the full extent of CTIP available for purchase in the United States. We conducted a content analysis of CTIP available on English-language, US-based websites. We identified sites that marketed CTIP utilizing Google and candy retail websites, examining each product for product names, the tobacco product being replicated (eg, cigar and cigarette), manufacturer, candy flavor, images, product rating, pack color, and if the product had packaging that may appeal to youth. We found 66 CTIP available. The most popular CTIP were cigars, with 39 separate products (59%), followed by candy cigarettes-14 products (21%), candy pipes-8 products (12%), and chewing tobacco-5 products (8%). In the 52 products where packaging design was available, 39 (75%) had packaging that may appeal to youth. CTIP, many of which contain packaging appealing to youth, are widely available for purchase online across the United States. These findings could stimulate policy actions, such as removal of CTIP from popular retail websites, labeling of CTIP as potentially dangerous to youth, or age verification requirements for purchasing CTIP. CTIP continues to be sold on the internet despite research indicating candy cigarette product use by youth increases their likelihood of smoking. We conducted research to understand the extent to which CTIP are sold on the internet and whether these products are being marketed to youth. The results provide evidence that some of the largest retail companies in the world continue to sell CTIP, and the majority are sold in packaging that likelyappeals to youth. The results suggest that further research into the market for these products is needed, and regulatory measures should be considered to prevent CTIP from leading to youth tobacco use.

How Education Creates Your Wages, A Case of Manufacturing and Retail Companies in Surabaya

Education has an important role in the labor market. One component in determining the level of wages for workers is the level of education that the worker has. Apart from that, the level of education is one of the requirements for workers to be able to reach a certain level of position. The problem that then arises is how the level of education can reflect the level of wages that workers will receive, especially workers in the manufacturing and retail industries. In some cases, even though the level of education plays an important role, work experience, worker skills and the performance of the worker concerned are the keys for workers to get higher wages. This condition then gave rise to a debate regarding whether or not education was necessary in the labor market and whether it was true that the level of education would correlate with workers' wages. By using qualitative research methodology with a phenomenological paradigm, this research tries to reveal more details about this phenomenon. Manufacturing and retail companies were chosen as research subjects considering the complexity of the workers working in these companies. Manufacturing and retail companies have complex characteristics in their employment structure. Meanwhile, Surabaya was chosen because the city of Surabaya has the characteristics of an industrial and trade city in its economic structure. This research comes to the conclusion that basically education will be able to have an impact on workers' wages, but how big this impact will be will depend on the company where the worker works. A wage system that relies on bonuses or commissions based on worker performance will indirectly mean that the impact of education on wages will not be visible in real terms.

Improving Inventory Control Through a Web-Based System in a Retail Company

Background Currently, retail companies that fail to digitise their logistics processes experience difficulties in controlling stock, resulting in inaccuracies in the quantity of products and excess amounts in the warehouse. Consequently, the aim was to introduce a web-based system to enhance inventory control in retail firms within the city of Huaraz. Methods The Extreme Programming methodology was implemented in four phases. During the planning phase, roles and user stories were established. In the coding phase, Hypertext Preprocessor and JavaScript programming languages were utilised alongside the MySQL database management system. The testing phase involved evaluating each interface’s functionality to ensure that it was a part of the web system. The objective of this was to develop the web system and utilise it as an inventory control tool. Results The utilization of the web-based system within the logistics sector led to enhanced indicators, as seen through a 52.94% increase in inventory precision rate and 91.94% rise in the stock turnover rate. Conclusions The web system facilitates the minimisation of input errors in product quantity records while also enabling visualisation of such data. It further provides an illustrated representation, in the form of a bar graph, of each product’s indicator behaviour.

AR-Based Food Traceability as a Means for Sustainable Development

This paper focuses on traceability as a means to ensure sustainability during food development by using augmented reality and addressing the needs of farmers/producers, development and retail companies, and consumers. After reviewing related work, the needs are outlined for an application with a highly visual interface that lets all involved parties insert, explore, and view data about food products, starting from their origin and dietary/heritage value until their placement in a market. In this direction, the research questions examined the usability of such an application along with its validity concerning whether customers would choose healthy food products based on certain criteria, ensuring sustainability at all levels. Data are selected from predefined lists where possible and propagated without disruption from farmers to markets to avoid errors. The analysis led to the AR application, FoodTrace, whose design and prototype implementation are also presented. The evaluation was encouraging as the research goals were largely met regarding both usability and content value and will help further develop the application.

Analysis of the Effect of E-Recovery Service Quality and E-Service Quality on E-Customer Satisfaction and E-Customer Royalty

The impact of today’s electronic commerce has changed people’s mindset in ordering, buying, and paying for products in an easier and more affordable form. To find a high sense of satisfaction and loyalty from customers to continue using e-commerce as a personal or profitable group service and its performance is getting faster and easier and has a loyal customer base, indirectly contributing to e-commerce companies. This study uses a literature review to later be able to provide a lot of analysis from previous studies. The first step in gathering secondary data is to conduct a literature study, which includes reading, making notes, and processing information found in the literature search results. The characteristics that are related to each other are derived from prior research on customer satisfaction and loyalty in the e-commerce industry, specifically: 1. E-Service Quality (X1), 2. E-Recovery Service Quality (X2), 3. E-Customer Satisfaction (Y1), 4. E-Customer Loyalty (Y2). With the increase in internet users, the shift in people’s purchasing culture from offline to online has increased in business opportunities in the e-commerce sector. Constant innovation by retail companies and the competition among traders is seen to be growing.
 Keywords: e-service quality, e-recovery service quality, e-customer royalty, e-customer satisfaction

The determinant factors of continuance intention to revisit omnichannel retailer companies: mean-end chain theory approach

The determinant factors of continuance intention to revisit omnichannel retailer companies: mean-end chain theory approach

Mengukur Citra Carrefour BG Junction Surabaya

A retail business is a business selling products and services that have been added to meet the needs of individuals, families or other end users. Retail business in Indonesia is divided into 2 groups, namely traditional retail and modern retail. Modern retail is basically a development of traditional retail. Retail business does not always have to be done in a shop, but can also be done via telephone or internet, also called retail or non-shop retail. The characteristics of a traditional retail business are simple, the place is not too large, the goods sold are not too many type, the management or management system is still simple, does not offer shopping convenience and there is still a process of haggling over prices with traders, and the products sold are not displayed openly, so customers do not know whether the retailer has the goods they are looking for or not. Meanwhile, modern retail businesses On the contrary, it offers a spacious place, there are many types of goods sold, the management system is well managed, offers shopping convenience, the selling price is fixed (fixed price), so there is no bargaining process and there is a self-service or self-service system, as well as displays products on open shelves, so customers can see, choose, and even try products first before deciding to buy. Of all the retail companies, there is one large company that also dominates the retail business currently, namely Carrefour. Carrefour is an international supermarket group, headquartered in France. Carrefour is the second largest retail group after Wal-Mart. The first Carrefour store opened on June 3, 1957, in Annecy near an intersection

Financial distress determinants factors of retail companies with profitability as moderating (Indonesia cases 2016-2021)

The existence of a business entity has a vital role in a country's economy, so the bankruptcy of a business entity is a concern for all stakeholders. Therefore, this research aims to determine the factors that contribute to financial distress in retail businesses in Indonesia in the 2016-2021 period. In addition, return on assets serves as a moderating variable. This study's independent variables are the current and debt-to-asset ratios. This study uses quantitative methods, statistical techniques, and moderated regression analysis (MRA) with 37 secondary data observations. The results of this study are: (i) Current ratio has a significant and positive effect on financial distress. (ii) Debt to asset ratio significantly and negatively affects financial distress. (iii) ROA as a moderating variable weakens the effect of the current ratio (CR) on financial distress. (iv) ROA as a moderating variable weakens the effect of debt-to-asset ratio (DAR) on financial distress. This research aims to provide information and references for stakeholders, academics, and practitioners interested in analyzing financial distress to support decision-making and further research. The originality of this research is related to the research period, namely 2016 to 2021, and the industrial sector, namely the retail sector, which has an essential role in a country's economy.

Pengaruh Financial Distress Dan Leverage Terhadap Konservatisme Akuntansi Pada Perusahaan Ritel Yang Terdaftar Di Bursa Efek Indonesia

This research aims to see the influence of financial distress and leverage on accounting conservatism. The data source used in this research is secondary data. The type of data used is quantitative data in the form of financial reports that have been uploaded to the Indonesia Stock Exchange (BEI) in 2019-2022. The object of this research is retail companies listed on the Indonesia Stock Exchange in 2019- 2022. So the samples taken using purposive sampling obtained a sample of 14 samples for research. The statistical method used is multiple linear regression analysis, with hypothesis testing using partial tests (t tests) and simultaneous tests (f tests). The results of research hypothesis testing show that financial distress has a negative and significant effect on accounting conservatism, leverage has a positive and significant effect on accounting conservatism, and together the financial distress and leverage variables have an effect on accounting conservatism.

The Effect of Profitability, Company Value, and Leverage on Company Size

This study aims to determine the relationship between profitability, company value and company size leverage in the Indonesian retail industry. Financial data of retail companies listed on the Indonesia Stock Exchange were analyzed using SPSS using quantitative methods and population sampling techniques. Data was analyzed using SPSS. The results of the analysis show that there is a significant relationship between these variables and the size of the company. From the regression results, it can be seen that the constant value is 6.490, while the regression coefficients of profitability (X1), company value (X2) and leverage (X3) are 0.103, -0.001 and -0.008, respectively. This shows that changes in profitability, company value, and leverage affect the size of the company. However, only profitability has a significant positive influence on the size of the company, while the value of the company and leverage have an insignificant negative influence on the size of the company. Testing using the t-test shows that the three independent variables are linearly related to the size of the company. These findings highlight the importance of effectively managing these factors in the context of a dynamic global economy, which can affect the growth and development of retail businesses. This research contributes to the strategic management literature by providing a better understanding of the factors that influence the size of companies in the retail industry. The practical implications of these findings could help managers and stakeholders make more informed decisions when managing their companies and plan more effective strategies for long-term growth.

Religiosity for Preventing Employee Fraud: a Case Study on a Retail Company

This study aims to explore aspects of religiosity as a prevention of employee fraud in companies. This research is a qualitative study using a case study method through observations and interviews with three employees and one manager at a retail company in Indonesia. The results show that religiosity is a concern for company leaders by making religious activities a routine agenda that is followed by all employees in both formal and non-formal activities, including congregational prayers at the company prayer room, regular weekly recitations, group prayers during the morning briefing and monthly ceremonies, and other activities in commemoration of religious days. Company leaders are able to become role models for employees in implementing religiosity in daily life at the office, thus having an impact on the development of moral integrity for all employees in the company. The role model of the leadership and the moral integrity of all employees make religiosity an effective strategy for preventing potential employee fraud in the company. This research contributes to practitioners in implementing religiosity as a prevention of employee fraud in companies and to academics as literacy related to religiosity as an anti-fraud strategy

АНАЛІЗ СТАНУ ТА ТРАНСФОРМАЦІЙ РОЗДРІБНОГО РИТЕЙЛУ: СВІТОВІ ТРЕНДИ ТА УКРАЇНСЬКИЙ СЕГМЕНТ

The article provides an analysis of the current state and transformations of the retail sector, particularly in the context of global trends and their impact on the Ukrainian segment. Retail undergoes significant transformations driven by both global trends and local challenges. The COVID-19 pandemic and the war in Ukraine have substantially influenced consumer behavior and market dynamics. The aim of the article is to investigate the current state and prospects of the retail sector's development considering global trends, the impact of the pandemic, and military aggression in Ukraine. Key aspects of changes in consumer demand, the evolution of retail store formats, and the influence of technological innovations and digital transformation on the retail market are explored. The author analyzes global trends and provides context for understanding their impact on the Ukrainian retail sector. The study also covers the prospects for development and opportunities for Ukrainian retail companies in the context of changes in the global economy. Retail is undergoing a period of transformations intensified by the pandemic and military aggression. Ukrainian retail faces numerous challenges but also has opportunities for adaptation and development. Retail adapts to changes in the world, and it is important to find a balance between sustainability, efficiency, digital technologies, and emotional connection with customers. The results of the analysis may be useful for managers and entrepreneurs interested in the retail business and its transformations both globally and locally.

Prediction of customer demand for perishable products in retail inventory management, using the hybrid prophet-XGBoost model during the post-COVID-19 period

ABSTRACT Retail inventory management (IM) presents challenges in decision-making, especially in determining optimal inventory levels for future customer demand alignment. This study focuses on predicting dairy product demand by a significant European retail company using historical order data. As dairy products are perishable and constitute a relevant portion of retail trade volume, accurate IM is crucial to prevent wastage and meet customer needs. However, external factors like COVID-19 may impact demand volatility and seasonal patterns. Given the absence of scientific studies on predicting post-COVID-19 demand, our research aims to fill this gap by proposing alternatives, such as excluding the pandemic period and developing a historical imputation. The study employs two predictive models, Prophet and XGBoost, known for their superior performance in predicting demand. Moreover, a hybrid approach combining both models is proposed to enhance prediction accuracy by leveraging the capacity of the Prophet model to handle seasonal and holiday-period effects and XGBoost’s regularization to prevent overfitting. The results demonstrate the feasibility of historical imputation and the hybrid model approach, improving significantly individual model performance. The principal application of the study is to propose an approach to predict the shipment of other products in a post-COVID-19 context.

The Mediating Effect of Dividend Policy on Profitability and Market Value Added on Stock Prices in Retail Companies in Indonesia

The purpose of this study was first to examine the simultaneous and partial effects of Profitability (ROE) and Market Value Added (MVA) on stock prices in Retail companies listed on the IDX. Second to examine the mediating effect of dividend policy (DPR) between Profitability (ROE) and Market Value Added (MVA) on stock prices in Retail companies on the Indonesia Stock Exchange. This research approach is quantitative which is associative in nature. The population used for this study were retail companies listed on the IDX in the 2019-2022 period totaling 13 companies. The sample technique uses a census technique where all companies are used as research samples so that 4 consecutive years of observation data are obtained with a total of 52 data observations. The data analysis technique uses Oldineray Least Square multiple linear regression andPath Analysis by conducting partial (t test) and simultaneous (F test) tests. The results of this study prove that in the first model partially profitability (ROE) has a significant effect on dividend policy (DPR), while Market Value Added (MVA) has no significant effect on dividend policy (DPR). The results of simultaneous testing prove that ROE and MVA simultaneously have a significant effect on dividend policy (DPR). The research results in the second model partially profitability (ROE) has no significant effect on stock prices, while Market Value Added (MVA) has a significant effect on stock prices. The results of simultaneous testing prove that ROE and MVA simultaneously have a significant effect on stock prices. The results of the third model in path analysis testing can be proven that dividend policy (DPR) is able to mediate the relationship between profitability (ROE) and stock prices. Dividend policy (DPR) is not able to mediate the relationship of Market Value Added (MVA) to stock prices.

Effect of Profitability on the Stock Price of Luxury Goods Retail Companies in the Retailing Industry from Stock Market in Saudi Arabia

The purpose of this study is to analyze profitability by using the return on assets, return on equity and a net profit margin and know their effect on the stock price in order to know the relationship between profitability and the stock price. This study uses secondary data. The sample used are six luxury goods retailers companies in the retail industry from Stock Market in Saudi Arabia for the period from 2015 to 2019. Samples in this study were taken using purposive sampling technique. The data was collected from the index of the stock market in KSA (The Tadawul All Share Index "TASI"). Independent variables in this study are the return on assets (ROA), the return on equity (ROE) and the net profit margin (NPM). The dependent variable is the stock price (SP). Multiple linear regression analysis was used to test hypotheses in this study. EViews program was used to calculate the multiple linear regression. It has been confirmed that the data is suitable for conducting a multiple linear regression analysis, and this was done by test the unit root by using ADF and PP techniques on the time series of this study, and examining multicollinearity test, heteroscedasticity test and normality test. The results of the multiple linear regression analysis showed that the (ROA) partially has a significant positive effect on the stock price, and that the (ROE) partially has a positive but not significant effect on the stock price, and that the (NPM) partially has a significant negative effect on the stock price, and that the three profitability variables combined have a significant positive effect at the same time on the stock price. The study recommends relying on profitability when evaluating the stock price, because the results of this study as well as the results of similar studies showed that the profitability have a significant effect on the stock price.

Analysis of the Importance and Performance of Cost Information in Pricing Decisions in Ready-to-Eat Food Retail MSE in Vitória-ES

Currently, decision-making is the major challenge for managers in the day-to-day operations of the company. It depends on various factors to be assertive and achieve positive results. We can say that pricing has become one of the fundamental decisions to be made. With that said, this work aimed to examine the relationship between the importance attributed and the effective knowledge of cost information for decision-making in setting prices in Micro and Small Enterprise (MSE) of ready-to-eat foods in Vitória-ES, from the perspective of managers. To do this, the methodology adopted was through quantitative methods and bibliographic research, based on the daily reality of small and medium-sized enterprises. We can analyze through raw data, collected with the help of standardized tools and a specific target audience. Firstly, the work presents a brief account of the importance of micro and small retail companies of ready-to-eat foods for the economy, the importance of cost accounting in pricing, and the conceptualization of the Slack Matrix used in the analysis of the raw results obtained, followed by the methodology and interpretation of the data collected from the managers.

Entrepreneurship Practice through Wholesale and Retail Outlets and Pharmaceutical Practice among Companies in Lagos State, Nigeria

The research examined entrepreneurship and pharmaceutical practices among companies in Lagos State, Nigeria with a focus on wholesale and retail outlets. The choice of Lagos is precipitated on the fact that it commanded large percentage of commercial activities in Nigeria and the study showed the role of entrepreneurship in improving the logistics of the wholesale and retail pharmaceutical companies in Lagos State, Nigeria. The study employed the quantitative research method. This was to evaluate the link between logistics entrepreneurship and pharmaceutical performance. The findings showed that entrepreneurship improves the logistics of retail and wholesale pharmaceutical practice in Lagos State, Nigeria. The findings also confirmed that entrepreneurship is important on the performance of pharmaceutical companies in Lagos State, Nigeria. There was great evidence that entrepreneurship orientation is needed in the pharmaceutical sector. The research concluded that introduction of entrepreneurship logistics through wholesale and retail outlets would enhance the overall performance of pharmaceutical companies in Lagos State, Nigeria. It therefore recommended that Pharmaceutical retail and wholesale companies should pay a good attention to their logistics management by employing the critical elements of entrepreneurship which include creation, organization, administration and distribution, under a conducive regulatory environment and also special route system should be created in major Nigerian cities especially Lagos, reserved only for medical and pharmaceutical conveyances.

Detection of Extended-Spectrum Beta-Lactamase (ESBL)-Producing Enterobacteriaceae from Diseased Broiler Chickens in Lusaka District, Zambia.

Poultry products in Zambia form an integral part of the human diet in many households, as they are cheap and easy to produce. The burden of poultry diseases has, however, remained a major challenge. Growing consumer demand for poultry products in Zambia has resulted in non-prudent antimicrobial use on farms, intending to prevent and treat poultry diseases for growth optimisation and maximising profits. This cross-sectional study aimed to identify the different types of bacteria causing diseases in chickens in Lusaka and to detect the extended-spectrum lactamase (ESBL)-encoding genes. We collected 215 samples from 91 diseased chickens at three post-mortem facilities and screened them for Gram-negative bacteria. Of these samples, 103 tested positive for various clinically relevant Enterobacteriaceae, including Enterobacter (43/103, 41.7%), Escherichia coli (20/103, 19.4%), Salmonella (10/103, 9.7%), and Shigella (8/103, 7.8%). Other isolated bacteria included Yersinia, Morganella, Proteus, and Klebsiella, which accounted for 21.4%. E. coli, Enterobacter, Salmonella, and Shigella were subjected to antimicrobial susceptibility testing. The results revealed that E. coli, Enterobacter, and Shigella were highly resistant to tetracycline, ampicillin, amoxicillin, and trimethoprim-sulfamethoxazole, while Salmonella showed complete susceptibility to all tested antibiotics. The observed resistance patterns correlated with antimicrobial usage estimated from sales data from a large-scale wholesale and retail company. Six (6/14, 42.9%) E. coli isolates tested positive for blaCTX-M, whilst eight (8/14, 57.1%) Enterobacter samples tested positive for blaTEM. Interestingly, four (4/6, 66.7%) of the E. coli isolates carrying blaCTX-M-positive strains were also positive for blaTEM. Sanger sequencing of the PCR products revealed that five (5/6, 83.3%) of the abovementioned isolates possessed the blaCTX-M-15 allele. The results suggest the presence of potentially pathogenic ESBL-producing Enterobacteriaceae in poultry, threatening public health.