The stresses of retail internationalization: lessons from Royal Ahold's experience in Latin America

Wrigley, Neil; Currah, Andrew

doi:10.1080/0959396032000101336

Cited by 103 publications

(87 citation statements)

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“…For every success story, there are numerous examples of withdrawal (Tordjman, 1988;Jackson et al, 2002;Wrigley & Currah, 2003;Burt et al, 2004;Alexander et al, 2005). Acknowledgement of divestment episodes and the need reduce the risk of retail internationalisation has seen a move amongst the academic literature on European retailing to issues of knowledge transfer and organisational learning (Dawson, 2003;Palmer, 2005;Palmer & Quinn 2005) and to considerations of the impact of retail internationalisation on the structure, shape and behaviour of retailing in host markets (Dawson, 2003;Coe, 2004;Coe & Hess, 2005).…”

Section: The Emergence Of New Marketsmentioning

confidence: 99%

Retailing in Europe: 20 years on

Burt

2010

The International Review of Retail, Distribution and Consumer R

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“We are all familiar with the modern-day manager’s mantra that we live in times of great and constant change… We perceive our environment to be in constant flux because we only notice the things that do change ….Sure, important changes have taken place recently, but the truth is that stability and continuity also form the basis of our experience. In fact change has no meaning unless it is juxtaposed against continuity.” Huy & Minzberg (2003) This quote, paraphrased from a Sloan Management Review article on different types of change, makes an important observation – that change is inherently noticeable and that change is only change because of how it contrasts with continuity or stability. When looking back over the past twenty years of European retailing it is almost inevitable that we look for dramatic change, for in drama we have the “best” stories. There are numerous ways to look at (or look for) change, including the above, but the inherent point within the Huy and Minzberg article is that alongside change we have evolution and development, and perhaps this is often overlooked as a type of change. This paper starts by placing European retailing in context, with a brief reminder of the environmental setting(s) within which retailers in Europe operate. Change is then explored through one highly visible dimension – the scale of retail organisations - before turning to three broadly based areas of change which, it is argued, represent important underlying themes in European retailing. The intention is to focus on themes, rather than events, to provide a more complete understanding of how retailing in Europe has changes over the past twenty years

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Section: The Emergence Of New Marketsmentioning

confidence: 99%

Retailing in Europe: 20 years on

Burt

2010

The International Review of Retail, Distribution and Consumer R

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“…The cultural hurdle may be more easily overcome in markets closer to home, in addition to supply chains being shorter. The degree of adaptation and transfer of culture hinges on managerial ability to adapt to the host market (Wrigley & Currah, 2003;Dawson, 2007).…”

Section: Introductionmentioning

confidence: 99%

The internationalisation of supermarkets and the nature of competitive rivalry in retailing in southern Africa

Nair

2017

Development Southern Africa

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In the past two decades, southern African countries have experienced rapid growth and spread of supermarket chains. This paper assesses the internationalisation of supermarkets and potential reasons for the uneven outcomes seen in different countries in the region. Several factors account for the spread, including rising urbanisation, increasing per capita income, greater economies of scale and scope, and more efficient procurement and distribution systems. However, the current literature does not adequately consider the importance of culture, proximity to suppliers and impact of policy objectives of national governments on the success of supermarkets in host countries, especially in developing countries. It also does not consider the nature of competitive rivalry between supermarkets and how this affects internationalisation. This paper highlights the importance of these factors in understanding the outcomes in selected southern African countries.

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“…Wrigley's linking of the role of firm finance and capital structure in partly determining the economic geography of retailing have important implications for studies specifically focused on understanding strategy at the firm and industry level (O'Neill, 2001;Pollard, 2003), the relationship with investors (Wray, 2012;Wrigley and Currah, 2003) and also funding strategy in the context of wider financial geography scholarship (Dixon, 2011). Subsequent work focused on retail TNCs has underlined how the ability to raise finance is, in turn, linked within the institutional context and the specific varieties of capitalism within which it is located (Okeahalam and Wood, 2009;cf.…”

Section: Linking Firm Finance and The Geography Of The Retail Organismentioning

confidence: 99%

“…Meanwhile the performance of Dutch food operator, Ahold has stagnated within the US, partly due to the shockwaves emanating from a 2003 financial scandal relating to significant accounting irregularities (Wrigley and Currah, 2003;Clark et al, 2006). While some of these problems stemmed from the retailer's Argentinian business (Wrigley and Currah, 2003), in the US, the retailer was forced to restate more than $800 million in earnings from its US Foodservice operation after executives had inflated promotional rebates from suppliers -something that led the retailer to pay $1.1 billion to the Securities and Exchange Commission (SEC) to resolve shareholder lawsuits (Tse and Williams, 2007).…”

Section: The Walmart Challenge: Scale Requirements the Spectre Of Chmentioning

confidence: 99%

“…While some of these problems stemmed from the retailer's Argentinian business (Wrigley and Currah, 2003), in the US, the retailer was forced to restate more than $800 million in earnings from its US Foodservice operation after executives had inflated promotional rebates from suppliers -something that led the retailer to pay $1.1 billion to the Securities and Exchange Commission (SEC) to resolve shareholder lawsuits (Tse and Williams, 2007).…”

Section: The Walmart Challenge: Scale Requirements the Spectre Of Chmentioning

confidence: 99%

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Revisiting the US food retail consolidation wave: regulation, market power and spatial outcomes

Wood

2013

Journal of Economic Geography

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This paper revisits Neil Wrigley's influential research that explored the corporate restructuring of the US food retail sector, which was characterised by a focus on the spatial implications of merger activity, market concentration and competition regulation. It assesses the importance of this scholarship in a contemporary context, tracking these competitive and regulatory trends from a decade ago to the present. This is of particular interest given the continued concentration of market power and related competitive shake-out; the innovative experimentation with new store formats; anti-trust rulings concerning market definition by the Federal Trade Commission (FTC); and the challenges faced by European entrants to the market.

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The stresses of retail internationalization: lessons from Royal Ahold's experience in Latin America

Cited by 103 publications

References 0 publications

Retailing in Europe: 20 years on

Retailing in Europe: 20 years on

The internationalisation of supermarkets and the nature of competitive rivalry in retailing in southern Africa

Revisiting the US food retail consolidation wave: regulation, market power and spatial outcomes

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