Traditional Retail Business Research Articles

DAMPAK KEBERADAAN RITEL MODERN TERHADAP PEREKONOMIAN PASAR TRADISIONAL DI ACEH BARAT DAN NAGAN RAYA

This paper examines the roles of modern retail businesses in the region's growth. This impact can be seen in traditional markets in western Aceh and Nagan Raya. The study population was in the districts of Aceh Barat and Nagan Raya, with a sample of all subdistricts in the district. Each district has a traditional market and retail business that has been established. The data collection techniques used by the author are conducting documentation studies, observations and interviews with the government that provides business licenses and traditional market protection. Then do a case study with secondary data sources from websites or the internet. The results of the assessment that we found in the GRDP in the districts of Aceh Barat and Nagan Raya Associated with trade businesses such as modern retail outlets also contribute to labor funding. Significant developments in the workforce occurred in 2014 from 2531 to 6475 in 2015. The conclusion based on the data above is that modern retail and traditional markets contribute to the Increased Workforce in West Aceh District. However, the development of trade in regencies in West Aceh is not enough to boost economic growth in 2016. Based on this data, it can be concluded that modern retail and traditional markets are crucial for economic growth in West Aceh District, where the trade business is the second largest business field in contributing to contribute to the West Aceh Regency GRDP.

New Trend of Retail Business and Possibility of Traditional Retail Business: Management Diagnosis and Utilization of Delivery Sales Industry

New Trend of Retail Business and Possibility of Traditional Retail Business: Management Diagnosis and Utilization of Delivery Sales Industry

The Challenges of Traditional Fast Moving Consumer Goods (FMCGs) Retailers of Sylhet in Emergence of Organized Retailing

Organized retailing in Bangladesh is growing rapidly. Though the researchers and academicians studied the retail industry of Bangladesh in different dimension, very few of them intended to explore the challenges of traditional retailers so far. In line with this problem, the objective of this study is to identify the challenges of the traditional FMCGs retailers in emergence of organized retailing in Sylhet city. The study is quantitative in nature, data were collected from 400 traditional retailers on the basis of convenience with a semi-structured questionnaire. In analyzing data, descriptive statistics and factor analysis were used with the SPSS software. The traditional retailing is male dominated, low capital and turnover, small sized business in Sylhet and are facing challenges like decrease in sales and revenue, maintaining more hygienic environment, ensure the availability of quality products, launching the use of technology etc. in emergence of organized retailing. To minimize the challenges, the traditional FMCGs retailers need to be educated to obtain knowledge on business, ensure quality products and services, establish joint venture or partnership with other retailers to create chain stores, design effective loyalty programs and arranging customized merchandize for the loyal customers etc. The present study will help the traditional retailers in identify the real challenges of their business and designing strategies to minimize those. The policy makers and stakeholders may also get insight from the study in formulating policies to protect the traditional retail business from the competition of organized retail.

PERBANDINGAN KEBERLANJUTAN BISNIS RETAIL MINIMARKET MODERN DAN RETAIL TRADISIONAL WARUNG DI JAWA BARAT

ABSTRACT
 
 The Continuity of traditional and modern retail retail business attracts the most attention, because it always puts the traditional retail business in a weak position. The result of this research is that the attention to the successful aspects of the service industry has not been a concern for the traditional retail business, thus weakening the position of traditional Retail business, coupled with the strong characteristic of the standardized service quality dimension as the business reference of modern minimarket services increasingly sharpening the performance gap retail business and thus further weaken the position of traditional retail business. Comparative analysis of Retail Business Traditional Stores and Retail Business Modern minimarket shows the successful aspects of the service business to be considered namely; consumers, management, and employees. This research includes descriptive research type using traditional approach. The analysis method used is a variant of semantic differential approach, with descriptive statistic analysis, correlation analysis, regression analysis to obtain determinant of the purpose of this research.
 
 Keywords: business, market, modern, retail, tradisional

E-Commerce as a Strategy for Sustainable Value Creation among Selected Traditional Open Market Retailers in Enugu State, Nigeria

This paper aims to explore E-commerce as a strategy for sustainable value creation among selected traditional open market retailers in Enugu state. Every town in Nigeria boasts of an appreciable number of traditional retail markets, which play an essential role in African life, acting as both an economic necessity, and a cultural phenomenon that has helped to shape community ideas for centuries. Transactions are mainly conducted using cash. Increased sales, lower costs and enhanced sustainability are potential benefits accruable to the traditional retail markets, considering full adoption of E-commerce. Using a concurrent mixed method, this research used a descriptive survey design with a population, which comprised retailers in the selected traditional markets. A sample size of 234 was drawn from the selected markets using Bill Godden’s sampling size determination. Primary data were collected by questionnaire and interviews, and these data were analysed using descriptive statistics. Hypotheses were tested with chi square. It was concluded that E-commerce has the potential to open up vistas of opportunities in the traditional open markets when used strategically, thereby eradicating incidences of debt, which is a common factor in the traditional retail business, ensuring a mutually beneficial business relationship between retailer and consumer. This ultimately leads to a wider reach, higher transaction rates, bigger profits and sustainability.

Introducing of Online Channel and Management Strategy for Green Agri-food Supply Chain based on Pick-your-own Operations.

The popularity of e-commerce has impacted traditional retail business. Farmer cooperatives running green agri-food pick-your-own (PYO) farms are facing the choice of whether or not to adopt online channels. PYO operation refers to consumers picking and purchasing the agri-food growing on a farm, and due to it being environmentally-friendly, healthy, and popular, it has been widely adopted by many farm cooperatives. This paper aims to discuss the practicality of introducing online channels to already established PYO farms in the green agri-food supply chain (GASC), who can personally take charge of the online channel or transfer it to one online retailer. Firstly, we constructed the demand functions of green agri-food by putting consumer utility, the freshness of agri-food, and transportation cost into consideration. Secondly, five decision models are built to characterize five operation modes, namely pure PYO mode, self-operated dual-channel mode, decentralized dual-channel mode, centralized dual-channel mode, and contractual cooperation mode. Furthermore, by taking price, demand, and profit with different modes into consideration, we are able to explore the introduction of online channels and green brand construction. Finally, numerical analysis is performed. We found that: (1) introducing an online channel is preferable strategy since the profit of the farmer cooperative in pure PYO mode is always less than the profit of a farmer cooperative in non-self-operated dual-channel modes; (2) the decision of self-operating an online channel is related to the fixed cost of creating a new online channel and the green food brand effect of online channel, and it is the optimal mode in some cases, while the contractual cooperation mode is the optimal mode in the remaining cases; and (3) the green food brand effect of online channels is does not necessarily improve with scale, and the initial freshness has a positive relationship to the profit, demand, and price of farmer cooperatives and online retailers.

Doorstep Delivery – Managing the Impossible Network – Story of Amazon

The proliferation of online shopping has had profound effects on traditional retail business models while also stimulating consumer spending. Online shopping's meteoric rise is altering the retail landscape by substituting efficiency and impersonality for the time-honored practices of brick-and-mortar establishments and personal interaction with customers. Although retail is always changing, the advent of e-commerce has brought about a dramatic shift. Consumers may make educated purchasing choices without leaving the convenience of their own homes thanks to the wealth of information available to them online in the form of product descriptions and reviews written by other customers. In addition, customers may now enjoy a level of convenience that was previously impossible, since some businesses now provide shipment and distribution on the exact day of purchase. Although the development of retail through time is to be expected, the introduction of electronic commerce is revolutionary.

PERBANDINGAN KINERJA PASAR PADA BISNIS RETAIL DI PASAR TRADISIONAL SEBELUM DAN SESUDAH KEBERADAAN ALFAMART DAN INDOMARET DI KECAMATAN BATAM KOTA KOTA BATAM

ABSTRACTThis study aims to determine the average ratio of market performance in traditional retail business before and after the presence of modern retail Alfamart and Indomaret in Batam Kota subdistrict which is spread in three villages, namely Baloi Permai Village, Belian Village and Teluk Tering Village. The sampling technique used in this research is purposive and accidental sampling with questionnaires obtained from 42 respondents. This study using analysis of paired sample t-test. The output of the paired sample t-test showed a response to hypotheses derived from each of the variables studied. Values obtained for before and after sales turnover tcount is equal to 2.398. Values obtained for before and after profit tcount is equal to 2.380. Values obtained for before and after working hours -tcount is equal to -7.879. The results of each tcount then be compared with ttabel where it is known that tcount each variable > ttabel and significance/P-Value <0,05 so that H0 rejected and Ha accepted. These three variables showed significant results that indicate that the presence of Alfamart/Indomaret give the average change impacts on market performance in Batam City District.ABSTRAK Penelitian ini bertujuan untuk mengetahui perbandingan rata-rata kinerja pasar pada usaha ritel tradisional sebelum dan sesudah hadirnya ritel modern Alfamart dan Indomaret di daerah Kecamatan Batam Kota yang menyebar di tiga kelurahan, yaitu Kelurahan Baloi Permai, Kelurahan Belian dan Kelurahan Teluk Tering. Teknik sampling yang digunakan dalam penelitian ini adalah purposive dan accidental sampling dengan kuesioner yang diperoleh dari 42 responden. Penelitian ini menggunakan analisis paired sample t-test. Hasil output dari paired sample t-test menunjukkan jawaban dari hipotesis yang diambil terkait masing-masing variabel yang diteliti. Nilai yang diperoleh untuk thitung omset penjualan sebelum dan sesudah adalah sebesar 2,398. Nilai yang diperoleh untuk thitung laba sebelum dan sesudah adalah sebesar 2,380. Nilai yang diperoleh untuk -thitung jam kerja sebelum dan sesudah adalah sebesar -7,879. Hasil dari masing-masing nilai thitung kemudian akan dibandingkan dengan ttabel dimana diketahui bahwa nilai thitung masing-masing variabel > ttabel dan signifikansi/P-Value < 0,05 sehingga H0 ditolak dan Ha diterima. Ketiga variabel menunjukkan hasil yang signifikan yang menunjukkan bahwa keberadaan Alfamart/Indomaret memberikan dampak perubahan rata-rata pada kinerja pasar di Kecamatan

Impulse Buying Behavior on Modern Retail

Retail business has a rapid development, especially in Indonesia. It is indicated by the increasing number of traditional retail business which begins to fix itself into a modern retail business or an independent modern retail business. The increased number of modern retail pushes the competition of the business world to the next level, so it requires retail entrepreneurs to optimize their strategy which known as marketing mix retail. Impulse Buying Behavior as a result of the successful strategic marketing mix retail often wished to happen to indicate the existence of the retail business. Similarly, with the modern retail which exists in Denpasar city, who is trying to develop its marketing mix strategy in the hope of impulse buying behavior. This research has a purpose of explaining the influence of Merchandise, Atmospheric outlet and promotion toward Impulse Buying Behavior with positive emotion variable as an Intervening variable on modern retail in Denpasar city. To reach that purpose, 100 (one hundred) respondents are used which selected by purposive sampling with a questionnaire as the method for data gathering. The data is processed with the SEM PLS analysis tool. The result shows that Merchandise variable, Atmospheric outlet, and promotion has a positive influence significantly on Positive emotion. The same with Merchandise variable, Atmospheric outlet and Promotion, and positive Emotion significantly influence the Impulse buying behavior. Positive Emotion variable significantly partially mediates the influence of Merchandise, Atmospheric outlet, and Promotion about Impulse buying behavior.

Comparative Analysis Of Continuity Of Modern Retail Minimarket And Traditional Retail Businesses In Indonesia

Keberlangsungan hidup bisnis ritel ritel tradisional dan modern paling banyak mengundang perhatian, karena selalu menempatkan bisnis ritel tradisional dalam posisi lemah. Hasil dari penelitian ini adalah bahwa perhatian pada aspek sukses industry jasa belum menjadi perhatian penuh bagi bisnis ritel tradisional sehingga melemahkan posisi bisnis Ritel tradisional, ditambah lagi dengan kuatnya karakteristik berupa dimensi kualitas jasa yang terstandarisasi sebagai acuan bisnis jasa Ritel minimarket modern semakin mempertajam jurang perbedaan kinerja bisnis ritel dan sehingga semakin melemahkan posisi bisnis ritel tradisional. Analisis perbandingan Bisnis Ritel Toko Tradisional dan Bisnis Ritel minimarket Modern menunjukkan aspek-aspek sukses dari bisnis jasa yang harus diperhatikan yaitu ; konsumen, manajemen, dan karyawan. Penelitian ini termasuk jenis penelitian deskriptif dengan menggunakan traditional approach. Metode analisis yang digunakan adalah varian pendekatan semantic differential, dengan analisis deskriptif statistic, analisis korelasi, analisis regresi untuk mendapatkan determinan dari tujuan penelitian ini.

The Impact of Modern Retail Minimarket towards the Continuity of Traditional Retail Businesses

Today the business is growing rapidly minimarket with the development of socioeconomic conditions of society, and changes in value systems that result in changes to the pattern of life and needs of the community. In meeting the needs and desires, people tend to prefer a wide range of modern facilities expenditures. Thus increasing the number of modern minimarket store increasingly cornered the existence of traditional retail stores are stand-alone and based on social economy. This study aimed to analyze the changes in turnover and market traditional retail stores before and after the modern mini-market retail in the vicinity. To achieve these objectives, conducted survey research approach, this study uses primary and secondary data by distributing interviews and questionnaires to 40 respondents traditional retail store owners in the district of Kuningan which is selected by probability sampling. Descriptive qualitative were used to analyse this study. Based on the survey results revealed that there are significant differences between turnover and market traditional retail stores before and after the modern minimarket in the vicinity. This shows that the presence of modern retail stores provide a decrease in turnover and customers impact for traditional retail stores. But the research also shows that traditional retail stores that improve the quality of services and facilities are not affected by the presence of modern retail stores in the vicinity.

From the Rescue of Banks to the Single Resolution Mechanism: Institutional and Empirical Analysis

The analysis of the new system of bank resolution shows the extreme complexity of the mechanism and the variety and impact of the tools available. The BRRD organises the articulation of public tasks for banking crises in three different phases: the ordinary course of business, the early intervention, and finally the situation of banks in distress or at risk of collapse; in the last one there are the conditions for resolution. The most stricking point appeared the bail-in, that has transferred the crisis risk from taxpayers to investors and savers. In fact, the dismantling of the national protection network was not, in the meantime, balanced by the introduction of the planned European protection. In the present analysis we focus on the resolution capacity of Italian banks and examine the implications of the new bail-in tool for banks’ activity and business strategies. According to our findings lending-oriented banks feature a relatively lower bail-in contribution capacity. Moreover, resolution capacity increases with size, while income diversification is found neutral. On aggregate values, we find a contraction of resolution capacity of Italian banking system in recent years, similarly to what found for the European banking system (see Ayadi and de Groen, 2015). Overall our results suggest that the new bail-in rules may imply a reassessment of the traditional retail business model towards greater income diversification, with the risk of penalising small businesses which are still the backbone of the Italian economy. As regards policy implications, our findings support, as the main option, the strategy of aggregations for strengthening the resolution capacity of the Italian banking system.

Pengaruh Produk, Harga, Tempat, Promosi Ritel Modern Terhadap Keberlangsungan Usaha Ritel Tradisional di Gresik

This research was aimed to examine the effect of product, price, place and promotion modern retail to the business continuity of traditional retail business in Gresik. This study used questionnaires in making primary data and quantitative approaches. Tests carried out using multiple linear regression, where the dependent variable (Y) is the business continuity of traditional retail business and the independent variable (X) is the product, price, place,promotion of modern retail. This research sample selected using purposive technique. The sample was 50 traditional retailers radius of two kilometers of modern retail in Gresik.Based on F test results showed that the product, price, place and promotion of modern retail simultaneously significant effect on the sustainability of traditional retail businesses. While the t test results showed that it was only on the variable product, place and promotion that has a significant influence on the sustainability of traditional retail business while at variable rates have no significant effect on the sustainability of traditional retail businesses. Aswe know that modern retail has the advantage of varied products, strategic location and attractive promotion of the suggestions from researchers that the traditional retailers are more creative and innovative in marketing their products and provide better service to the consumer so that the business can continue to compete with modern retail and avoid bakruptcy.

Personality Traits Hierarchy of Online Shoppers

Over the past decade, B2C e-commerce has flourished and enjoyed a growth rate unrivaled by the traditional retail business. This study is meant to contribute to the underdeveloped area of traits study concerning online shoppers. Specifically, the hierarchical trait theory of the 3M Model is applied as the theoretical foundation of the research. SEM was employed to analyze the relationships between research constructs. Major findings include: (1) all five middle level traits, i.e. Innovativeness, Need for Cognition, Trust, Value Consciousness, and Buying Impulsiveness are related to Online Purchase Intention, (2) The Elemental Traits of Openness to Experience, Conscientiousness, Need for Arousal, and Need for Material are related to one or two middle level traits respectively. Moreover, this study empirically validated the Four-level Traits Hierarchical Model and demonstrated that traits can be the driving force behind human motivation and intention.

Cooperation as an instrument of competence management to implement successful e-commerce business models

The example of German food home-delivery concepts shows that e-commerce business models differ from traditional retail business models in many ways. No potential participant can ever have all the necessary resources and competences to implement a competitive business model without external support. This is why cooperation seems to be a useful tool for competence management. The resource-based view will serve as theoretical background for the following analysis. The required and available competences of conceivable players can be identified, and isolation mechanisms of resources that have to be combined can be overcome. Features of resources can be identified that recommend special types of cooperations with the intention to establish and operate a business model. Up to now, the types of joint venture that have already been established in other industries and e-commerce business models have not yet been established in the German food home-delivery market. Some individual attempts to implement such types of business models were soon stopped.

Business-to-Consumer Multi-Channel Distribution Policies: from Marketplace to Market-Space Management

The new communication technologies, Internet in particular, allow businesses to achieve forms of virtual ubiquity, thus creating new factors in the control of market and competition spaces. These new tools generate the transition from marketplace to market-space, by eliminating physical distances and allowing access to products and services on a global scale. The term ‘click-and-mortar’ denotes an integrated distribution system in which traditional distribution elements (physical stores, warehouses, stocks, information systems for distribution cycle management) are supported by tools made available by the new telecommunication technologies (online shopping, information platforms for distribution management, partnerships to run ‘virtual’ warehouses). Click-and-mortar businesses are often the combination of a traditional retail business (brick-and-mortar) and an online start-up company.

Franchising – a vehicle for entrepreneurship development in Singapore

This article argues that business format franchising is a form of entrepreneurship development that provides the franchisee with the necessary knowledge and practice as well as supplies and service support to run a viable business. It discusses the various scenarios under which a franchising arrangement may help develop entrepreneurship successfully and provides case illustrations. The first relates to the modernization of traditional local retail businesses which enables them to hold their own in the face of competition from the entry of larger international retail businesses into the Singapore market. The assistance given to such existing small businesses is equally relevant in developing the business knowledge and skills, as well as the much-needed business contacts, of a new entrepreneur. The second case relates to overseas business expansion which involves the development of franchisee entrepreneurs abroad. The sprouting of copycat entrepreneurs resulting from such franchises can also be seen to have a developmental effect on entrepreneurship. The third case relates to the promotion of intrapreneurship, which in practice resembles a franchising-type arrangement.