CHANGES TO RETAIL BUSINESS MODELS - OVERVIEW OF THE DETERMINING FACTORS

Retail business models, both with respect to overall retail operations, as well as individual types of retail organisations, are undergoing transformation brought on by the current economic environment. This can be attributed to growing competition, changes to customer behaviour and expectations, gl...

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Main Author: Maria Sławińska
Format: Article
Language:English
Published: Wydawnictwo SGGW - Warsaw University of Life Sciences Press 2016-05-01
Series:Polityki Europejskie, Finanse i Marketing
Subjects:
Online Access:https://pefim.sggw.pl/article/view/4645
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author Maria Sławińska
author_facet Maria Sławińska
author_sort Maria Sławińska
collection DOAJ
description Retail business models, both with respect to overall retail operations, as well as individual types of retail organisations, are undergoing transformation brought on by the current economic environment. This can be attributed to growing competition, changes to customer behaviour and expectations, globalisation, as well as the availability and development of new information technologies. This paper outlines the essence and fundamental components of retail business models, indicates the probable directions in which those models may evolve and identifies the determining factors and trends that shape the business models applied by retailers. In her analysis the author has demonstrated that although the retail sector eagerly embraces innovation, any changes to business models are evolutionary in their nature. They mainly involve the introduction of new solutions in terms of store formats, cooperation within the distribution channels, changes to the range of products and services offered and the use of mobile technologies.
format Article
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institution Kabale University
issn 2081-3430
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language English
publishDate 2016-05-01
publisher Wydawnictwo SGGW - Warsaw University of Life Sciences Press
record_format Article
series Polityki Europejskie, Finanse i Marketing
spelling doaj-art-af193df01f7a46c9a22d86c85eb6ceaa2025-02-02T10:29:05ZengWydawnictwo SGGW - Warsaw University of Life Sciences PressPolityki Europejskie, Finanse i Marketing2081-34302544-06402016-05-0115(64)10.22630/PEFIM.2016.15.64.14CHANGES TO RETAIL BUSINESS MODELS - OVERVIEW OF THE DETERMINING FACTORSMaria Sławińska0Uniwersytet Ekonomiczny w PoznaniuRetail business models, both with respect to overall retail operations, as well as individual types of retail organisations, are undergoing transformation brought on by the current economic environment. This can be attributed to growing competition, changes to customer behaviour and expectations, globalisation, as well as the availability and development of new information technologies. This paper outlines the essence and fundamental components of retail business models, indicates the probable directions in which those models may evolve and identifies the determining factors and trends that shape the business models applied by retailers. In her analysis the author has demonstrated that although the retail sector eagerly embraces innovation, any changes to business models are evolutionary in their nature. They mainly involve the introduction of new solutions in terms of store formats, cooperation within the distribution channels, changes to the range of products and services offered and the use of mobile technologies.https://pefim.sggw.pl/article/view/4645business modelsretailingstore formatinnovation in commercecompetitionbuyer behaviour
spellingShingle Maria Sławińska
CHANGES TO RETAIL BUSINESS MODELS - OVERVIEW OF THE DETERMINING FACTORS
Polityki Europejskie, Finanse i Marketing
business models
retailing
store format
innovation in commerce
competition
buyer behaviour
title CHANGES TO RETAIL BUSINESS MODELS - OVERVIEW OF THE DETERMINING FACTORS
title_full CHANGES TO RETAIL BUSINESS MODELS - OVERVIEW OF THE DETERMINING FACTORS
title_fullStr CHANGES TO RETAIL BUSINESS MODELS - OVERVIEW OF THE DETERMINING FACTORS
title_full_unstemmed CHANGES TO RETAIL BUSINESS MODELS - OVERVIEW OF THE DETERMINING FACTORS
title_short CHANGES TO RETAIL BUSINESS MODELS - OVERVIEW OF THE DETERMINING FACTORS
title_sort changes to retail business models overview of the determining factors
topic business models
retailing
store format
innovation in commerce
competition
buyer behaviour
url https://pefim.sggw.pl/article/view/4645
work_keys_str_mv AT mariasławinska changestoretailbusinessmodelsoverviewofthedeterminingfactors