 Effects of opening and closing stores on chain retailer performanceRaji Srinivasan, Shrihari Sridhar, Sriram Narayanan and Debika Sihi Journal of Retailing, 2013, vol. 89, issue 2, 126-139 Abstract: Chain retailers continually open stores and close stores to improve their performance. Yet, there are few insights on the effects of store openings and closings on chain retailer performance. The authors examine the effect of changes in opening and closing stores on retailers’ performance. They hypothesize that a chain retailer's market share, advertising intensity, age, and size moderate the effects of opening and closing stores on firm value. They test and find support for the contingent effects of opening and closing stores on firm value using a panel of 1,447 retailer-years of 132 publicly listed US chain retailers from 1998 to 2009. By relating chain retailers’ store openings and closings to their performance, using a contingent framework, the findings extend the marketing literature, which has hitherto not examined the effects of changes in distribution strategy on shareholder value. Insights on the performance implications of opening and closing stores are also useful to chain retailers to achieve superior performance. Keywords: Retailers; Opening stores; Closing stores; Retailer performance (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jouret:v:89:y:2013:i:2:p:126-139 DOI: 10.1016/j.jretai.2012.12.001 Access Statistics for this article Journal of Retailing is currently edited by A. Roggeveen More articles in Journal of Retailing from Elsevier |
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