Economics at your fingertips  

Retail Competition

Edward J. Fox and Raj Sethuraman
Additional contact information
Edward J. Fox: Southern Methodist University
Raj Sethuraman: Southern Methodist University

A chapter in Retailing in the 21st Century, 2010, pp 239-254 from Springer

Abstract: Abstract Forty years ago, a consumer who wanted to buy prescription medicine in the US or many other western countries would have visited a local independent drugstore. Today, a US customer can fill prescriptions at any number of drugstore chains (e.g., Walgreens or CVS), supermarkets (e.g., Kroger or Albertson’s), mass merchandisers, or supercenters (e.g., Wal-Mart or Target) in town, not to mention mail-order providers (e.g., AmeriCan Meds 1-800-469-0955) and online pharmacies (e.g., The increased number of options for purchasing pharmaceuticals illustrates the high intensity of retail competition in today’s consumer goods marketplace, driven by discerning consumers with heightened expectations and varying tastes, along with technological advances that facilitate efficient distribution of products and provision of retail services. As the above example shows, most product categories can now be purchased in several different retail formats. A retail format is comprised of stores that offer the same, or a very nearly the same, variety of product categories.1 Formats that have emerged in recent years, mass merchandisers, supercenters (supercenters include both a mass merchandise store and supermarket under one roof), warehouse clubs, and dollar stores, are collectively known as nontraditional formats. Formats with a longer history, such as grocery, drug, and department stores, are more traditional formats (see also chapters by Ahlert, Blut, Evanschitzky; Weitz, Whitfield; Dawson in this book).

Keywords: Grocery Store; Shopping Trip; Retail Competition; Retail Format; Dollar Store (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This item can be ordered from

DOI: 10.1007/978-3-540-72003-4_15

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

Page updated 2023-11-29
Handle: RePEc:spr:sprchp:978-3-540-72003-4_15