Abstract
The paper examines the current state of the management of traditional retail markets (TRM) in the United Kingdom. TRM are indoor and outdoor markets located in town and city centres across the UK, selling food, household goods, clothing and the like. The paper employs comparative analysis approach of multiple cases using an analytical framework draws from place management and retail business management literature. The study investigates eleven retail markets in the UK, including seven run by Local Councils, two privately run and two operated by Charity Trusts. The paper identifies the management challenges of TRM lie at the intersect between its private-like business entity and the management overseen by local authorities, whose roles and functions are mainly on delivering public services. Although some council markets struggle, it remains a popular model for TRM because it offers social space and inclusion which other types of markets lack. The study also highlights that the environment within which TRM operate, such as policy, infrastructure, business and entrepreneurial aspects play an important role in influencing the performance of the markets. The paper contributes to the retail literature conceptual and empirical understanding of TRM management – the area which has been mostly neglected and under-researched. It offers an integrated analytical framework, including four dimensions of policy, infrastructure, business and entrepreneurial environment (PIBE) to advance the current limited understanding of this traditional form of retailing and sheds light on future research in this area.
More Information
Identification Number: | https://doi.org/10.1108/IJRDM-04-2018-0079 |
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Status: | Published |
Refereed: | Yes |
Publisher: | Emerald |
Uncontrolled Keywords: | 1505 Marketing, 1503 Business And Management, 1504 Commercial Services, Marketing, |
Depositing User (symplectic) | Deposited by Hoang, Dong |
Date Deposited: | 16 Apr 2019 15:33 |
Last Modified: | 10 Jul 2024 17:31 |
Item Type: | Article |
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