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Explaining the Growth of British Multiple Retailing during the Golden Age: 1976–94

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  • Carlo Morelli

    (Department of Economic Studies, University of Dundee, Dundee, DD1 4HN, Scotland)

Abstract

The author examines the growth of multiple retailing during the ‘golden age’ in Britain. The growth of real turnover is used as the dependent variable in a quantitative analysis of the growth in large-scale multiple retailing from 1976 until 1994. The author examines for the first time the determinants of this growth against a variety of supply and demand variables. It is found that the importance given to capital investment in previous studies of the golden age is not justified by the data.

Suggested Citation

  • Carlo Morelli, 2004. "Explaining the Growth of British Multiple Retailing during the Golden Age: 1976–94," Environment and Planning A, , vol. 36(4), pages 667-684, April.
    • Handle: RePEc:sae:envira:v:36:y:2004:i:4:p:667-684
    DOI: 10.1068/a3689
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    References listed on IDEAS

    as
    1. Roger Clarke & Stephen Davies & Paul Dobson & Michael Waterson, 2002. "Buyer Power and Competition in European Food Retailing," Books, Edward Elgar Publishing, number 2405, December.
    2. Dobson, Paul W & Waterson, Michael, 1997. "Countervailing Power and Consumer Prices," Economic Journal, Royal Economic Society, vol. 107(441), pages 418-430, March.
    3. Christopher Moir, 1990. "Competition in the UK Grocery Trades," Palgrave Macmillan Books, in: Christopher Moir & John Dawson (ed.), Competition and Markets, chapter 8, pages 91-118, Palgrave Macmillan.
    4. N Wrigley, 1998. "Understanding Store Development Programmes in Post-Property-Crisis UK Food Retailing," Environment and Planning A, , vol. 30(1), pages 15-35, January.
    5. Carlo Morelli, 1999. "Information Costs and Information Asymmetry in British Food Retailing," The Service Industries Journal, Taylor & Francis Journals, vol. 19(3), pages 175-186, July.
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    Cited by:

    1. Carlo Morelli, 2009. "Modern British Retailing in the Late 20th Century: Increasing Value?," Dundee Discussion Papers in Economics 227, Economic Studies, University of Dundee.
    2. Carlo Morelli, 2005. "Further reflections on the Golden Age in British multiple retailing 1976-1994: capital investment, market share and retail margins," Dundee Discussion Papers in Economics 183, Economic Studies, University of Dundee.
    3. Carlo Morelli, 2007. "Further Reflections on the Golden Age in British Multiple Retailing 1976–94: Capital Investment, Market Share, and Retail Margins," Environment and Planning A, , vol. 39(12), pages 2993-3007, December.

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