IDEAS home Printed from https://ideas.repec.org/a/wly/mgtdec/v44y2023i5p2713-2741.html
   My bibliography  Save this article

An empirical analysis of evaluating the operational and economic efficiency of retail stores under an adverse operating environment

Author

Listed:
  • Eleftherios Aggelopoulos
  • Ioannis Lampropoulos
  • Elen Paraskevi Paraschi

Abstract

This paper evaluates the relative efficiency of 83 food retail stores of a major Greek Supermarket network using monthly panel data that relates to an extended period of deep economic recession (2012–2013). We highlight the importance of the comparative analysis of operational and economic perspectives of the retail stores' efficiency, as they fully capture the real conditions in very competitive and dynamic recessionary environments given that retail stores are interested in minimizing costs while maximizing sales and profits. Efficiency measurements and comparisons led to the identification of benchmark stores and problematic ones thus leading to a series of management actions.

Suggested Citation

  • Eleftherios Aggelopoulos & Ioannis Lampropoulos & Elen Paraskevi Paraschi, 2023. "An empirical analysis of evaluating the operational and economic efficiency of retail stores under an adverse operating environment," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(5), pages 2713-2741, July.
    • Handle: RePEc:wly:mgtdec:v:44:y:2023:i:5:p:2713-2741
    DOI: 10.1002/mde.3844
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/mde.3844
    Download Restriction: no
    File URL: https://libkey.io/10.1002/mde.3844?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:mgtdec:v:44:y:2023:i:5:p:2713-2741. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www3.interscience.wiley.com/cgi-bin/jhome/7976 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.