The Economy of Retail Chains in the FMCG Sector: The Case of Czechia

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F23%3A43906793" target="_blank" >RIV/60076658:12510/23:43906793 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.reaser.eu/ojs/ojs-3.1.2-1/index.php/REASER/article/view/345" target="_blank" >https://www.reaser.eu/ojs/ojs-3.1.2-1/index.php/REASER/article/view/345</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.54609/reaser.v25i1.345" target="_blank" >10.54609/reaser.v25i1.345</a>

Jazyk výsledku

angličtina

Název v původním jazyce

The Economy of Retail Chains in the FMCG Sector: The Case of Czechia

Popis výsledku v původním jazyce

The article deals with the analysis of the economy of the largest retail chains operating in the highly competitive Fast-Moving Consumer Goods market in the Czech Republic; the analysis of the relationships between selected economic indicators and key national economic variables. This research used data from annual reports and the audited financial statements of firms operating individual retail chains from 2005 to 2020. The research includes nine commercial companies and focuses on the development of sales, costs and cost ratios, profit and profitability, and assets and resources. The relationships between the indicators are evaluated using correlation analysis, and the similarity of trade chains using cluster analysis. From the point of view of retail formats, discounters are particularly successful, which, together with medium-sized supermarkets, are growing at the expense of hypermarkets and large supermarkets. Success and dominance in the Czech market are related to high labour productivity and low unit costs. The combination of price promotions and a wide range of private products, characteristic of discount chains, is very attractive to customers and, together with low unit costs, creates the potential for increasing the market share of discounters. Hypermarkets and large supermarkets will face further stagnation and pressure to downsize stores, automate and use other cost-cutting methods. The article brings new insights into the economics of FMCG chains operating in the Czech market, emphasising the differences between trade formats in perspective from 2005.

Název v anglickém jazyce

The Economy of Retail Chains in the FMCG Sector: The Case of Czechia

Popis výsledku anglicky

The article deals with the analysis of the economy of the largest retail chains operating in the highly competitive Fast-Moving Consumer Goods market in the Czech Republic; the analysis of the relationships between selected economic indicators and key national economic variables. This research used data from annual reports and the audited financial statements of firms operating individual retail chains from 2005 to 2020. The research includes nine commercial companies and focuses on the development of sales, costs and cost ratios, profit and profitability, and assets and resources. The relationships between the indicators are evaluated using correlation analysis, and the similarity of trade chains using cluster analysis. From the point of view of retail formats, discounters are particularly successful, which, together with medium-sized supermarkets, are growing at the expense of hypermarkets and large supermarkets. Success and dominance in the Czech market are related to high labour productivity and low unit costs. The combination of price promotions and a wide range of private products, characteristic of discount chains, is very attractive to customers and, together with low unit costs, creates the potential for increasing the market share of discounters. Hypermarkets and large supermarkets will face further stagnation and pressure to downsize stores, automate and use other cost-cutting methods. The article brings new insights into the economics of FMCG chains operating in the Czech market, emphasising the differences between trade formats in perspective from 2005.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Review of Applied Socio-Economic Research

ISSN

2247-6172

e-ISSN

2247-6172

Svazek periodika

25

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

RO - Rumunsko

Počet stran výsledku

14

Strana od-do

20-33

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85164115041