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1 – 10 of over 71000
Article
Publication date: 20 March 2007

Peter Jones, David Hillier and Daphne Comfort

This paper offers two short case studies with the aim of showing how two local authorities are tackling the problems of the decline of market halls and covered markets within UK…

1927

Abstract

Purpose

This paper offers two short case studies with the aim of showing how two local authorities are tackling the problems of the decline of market halls and covered markets within UK towns and cities.

Design/methodology/approach

The paper begins with an outline of the origin of market halls and covered markets and a review of the reasons for their recent decline. These two sections provide the contextual framework for the case studies of the Grainger Market in Newcastle and the Market Hall in Chester. The paper draws its empirical material from planning documents posted on the world wide web by the two respective local authorities and by visits to both markets.

Findings

The Grainger Market has been facing a number of problems relating to environmental quality, the failure to modernise the retail offer and poor relationships between the market traders and the local authority. A phased refurbishment programme and the introduction of a more active management style are bringing a greater sense of vitality to the market. Chester City Council have made application to close the market hall as part of a wider central urban redevelopment plan and here the focus is to the construction of a spacious new market in a high profile location. While the two case studies offer illustrative examples of attempts to revive market halls and covered markets it remains to be seen to what extent their refurbishment and redevelopment can play a key role in enhancing the viability and vitality of town and city centres.

Originality/value

The paper provides an accessible case study review of the ways in which local authorities in the UK are looking to address the decline of the market halls and covered markets that were once a dominant feature of the urban retail structure in many towns and cities.

Details

International Journal of Retail & Distribution Management, vol. 35 no. 3
Type: Research Article
ISSN: 0959-0552

Keywords

Article
Publication date: 10 August 2010

Ian Mitchell

The purpose of this paper is to argue that changes in urban retail markets in the first half of the nineteenth century should be viewed as significant innovations in retailing…

474

Abstract

Purpose

The purpose of this paper is to argue that changes in urban retail markets in the first half of the nineteenth century should be viewed as significant innovations in retailing methods.

Design/methodology/approach

Retail innovation is set in the context of urban growth, changing consumer demand and product availability. A brief review of the literature leads into a discussion of innovation in non‐shop retailing and of the need for markets to adapt to a changing context. Evidence from local authority archives, particularly Stockport and Birkenhead in Cheshire, is used to explore this in more detail, including the construction of purpose‐built market halls.

Findings

Markets remained pivotal to the supply of food and some other goods. They offered a familiar yet controlled and safe environment. But market halls represented a significant innovation in terms of their size and of the money and civic pride invested in them. Local context, including ownership of market rights, was important in determining how markets adapt to urban growth.

Research limitations/implications

Business records of market traders tend not to survive from this period; so, findings have to be derived from more indirect sources. The need for further research into local authority archives is indicated.

Originality/value

The first half of the nineteenth century is a relatively neglected period in recent retail history research. The paper draws attention to innovation in this period. It provides local context for innovations like market halls that are well documented at a general level, but less well researched locally.

Details

Journal of Historical Research in Marketing, vol. 2 no. 3
Type: Research Article
ISSN: 1755-750X

Keywords

Article
Publication date: 1 August 2016

Terence Y.M. Lam and Malvern Tipping

Sale-and-leaseback has become an increasingly common approach during the last two decades in the investment of high street banks (banking-halls) in the UK. One measure commonly…

Abstract

Purpose

Sale-and-leaseback has become an increasingly common approach during the last two decades in the investment of high street banks (banking-halls) in the UK. One measure commonly used in making property investment decisions is the all risks yield (ARY) which is associated with the level of rental income. Investors and their advisors need to know which factors are likely to result in the highest ARY when assembling investment portfolios of such properties. The purpose of this paper is to identify those yield influences.

Design/methodology/approach

A qualitative multiple-case study was adopted. A literature review generated a hypothesis which was tested by a qualitative study, based upon semi-structured interviews and a questionnaire, to establish the influencing factors. Expert interviews were held with the heads of those three major auction-houses dealing with auctions of all retail bank premises in the Great Britain market, whilst the questionnaire survey involved investment professionals from within the auction-houses.

Findings

The study confirmed that the four factors influencing yields and investors’ decision-making when purchasing retail banking premises were tenant banking company (brand names), regional location (north and south super-regions), lot size (hammer price), and tenure (freehold or leasehold).

Research limitations/implications

This investigation focuses on Great Britain’s geographical and political area which includes England, Scotland and Wales, but excludes Northern Ireland. This research focuses on banking-halls as a sub-class of retail property investment. The findings form a baseline upon which further research can be conducted on other sub-types of retail property such as high street shops and retail parks. The results will also underpin the development of a quantitative yield predictive model based on regression analysis.

Practical implications

To maximize the returns on property investments, investors and their professional advisors can use those factors having the greatest influence on yields to make informed investment decisions for the building of property portfolios.

Originality/value

As a sub-sector, bank premises do not necessarily correlate to the generic retail sector. This research consolidates the broad systematic drivers of retail yields into specific factors influencing the ARY of banking-halls. The findings provide better understanding of an active but sparsely analysed sub-market of banking hall investments, and by so-doing help investors to maximize their investment returns.

Details

Journal of Property Investment & Finance, vol. 34 no. 5
Type: Research Article
ISSN: 1463-578X

Keywords

Article
Publication date: 19 June 2009

Zesheng Sun and Xiangdong Xu

The purpose of this paper is to empirically study whether China could achieve strong export market power considering its highly decentralized coke production and trade.

Abstract

Purpose

The purpose of this paper is to empirically study whether China could achieve strong export market power considering its highly decentralized coke production and trade.

Design/methodology/approach

By using time series data, this paper econometrically estimates the coke export market power with the Hall model; then, through analyzing micro trade data and public policy, tries to explain the co‐existing dilemma of China's highly decentralized coke production/export and its strong market power in the world market; lastly, by using Stigler's survival technique, it explores the optimum size of China's coke production and export.

Findings

The paper finds that the market power of Chinese coke export is quite strong, even if its micro market structure is highly decentralized; the main explanation for the expanding of China's coke export market power comes from its oligopolistic position in the world coke market, its strong industry policy and trade policy restriction. Also it is found that the optimum size in the coke industry should be the market share below 0.5 percent, or in 1‐10 percent, while other market sizes are of diseconomies of scale.

Practical implications

Such findings provide evidence for China's policy adjustment regarding maintaining strong coke export market power, while eliminating economic distortions and negative production externality.

Originality/value

This paper highlights the co‐existing issues of micro competitive structure and nationally oligopolistic position in an industry. This study is the first try to combine market power and economies of scale, through empirical analysis and optimum size estimation, to generate implications for optimal government public policy.

Details

Journal of Chinese Economic and Foreign Trade Studies, vol. 2 no. 2
Type: Research Article
ISSN: 1754-4408

Keywords

Open Access
Article
Publication date: 15 July 2020

Aliaa AlSadaty, Dalila ElKerdany, Neveen Hamza, Sahar Imam, Tamer ElSerafi and Mahmoud Abdallah

This paper aims to address socio-spatial challenges facing the sustainable regeneration of the 19th-century historic covered Attaba market. One of the few remaining historic market

2619

Abstract

Purpose

This paper aims to address socio-spatial challenges facing the sustainable regeneration of the 19th-century historic covered Attaba market. One of the few remaining historic market buildings in Cairo. Understanding these challenges is crucial as there is a pressing need for these buildings to be included in the national heritage regeneration policies that would foster their role as sustainable socio-economic urban nuclei within the city center.

Design/methodology/approach

The paper detects the socio-spatial transformation of the Attaba market through the comparison of archival material. This is supported by observations on the current socio-spatial aspects of the market including forms of interactions, conflicts and interventions of various user groups. A number of 30 semi-structured interviews with traders of the Attaba market were conducted inside the market, along with in-depth observations carried out between 2016 and 2018. Finally, information about local policies toward the market is obtained through interviews with local officials currently managing the market, namely, the Egyptian Endowment Authority and Cairo Governorate.

Findings

The findings reveal a lack of clear regeneration policy and a complete absence of public participation in decision-making. These factors erode the crucial role these markets play in revitalizing the city’s socio-economic strength and threaten their tangible and intangible values.

Originality/value

The paper focuses on one of the understudied building types that, however, represent key opportunities for the sustainable development of their contexts. The paper proposes a framework that can be applied to regenerate the Attaba market and its surroundings. When tested, the framework can be also adjusted and applied to the other historic covered markets in Cairo.

Details

Journal of Humanities and Applied Social Sciences, vol. 3 no. 3
Type: Research Article
ISSN:

Keywords

Article
Publication date: 1 May 1981

Stephen Wood

Covent Garden and Les Halles have three things in common: In the sixties they were both dominated by busy wholesale markets, by the seventies the produce markets had moved out…

Abstract

Covent Garden and Les Halles have three things in common: In the sixties they were both dominated by busy wholesale markets, by the seventies the produce markets had moved out, and by 1980 both sites had been transformed, but in very different ways. Stephen Wood compares the development of these two exciting ventures in a paper presented to the PTRC Summer Annual Meeting at Warwick.

Details

Retail and Distribution Management, vol. 9 no. 5
Type: Research Article
ISSN: 0307-2363

Content available
Book part
Publication date: 19 December 2016

Abstract

Details

Strategic Marketing Management in Asia
Type: Book
ISBN: 978-1-78635-745-8

Book part
Publication date: 28 December 2016

Lee Jolliffe

This chapter identifies issues in the development and marketing of culinary tourism experiences with the goal of determining the value of collaborative forms of product…

Abstract

Purpose

This chapter identifies issues in the development and marketing of culinary tourism experiences with the goal of determining the value of collaborative forms of product development and marketing.

Methodology/approach

A literature review examines approaches to marketing of culinary experiences identifying a gap in the study of collaborative approaches such as networking, partnering, and alliances. A case study investigates these themes.

Findings

Through the analysis of an in-depth case study of an experiential culinary tourism event in a small city in Eastern Canada (a Restaurant Week) it is determined that informal collaboration in the form of partnership is essential to building and marketing collaborative culinary tourism products and experiences.

Practical implications

This investigation has value for academics studying culinary tourism development and for practitioners implementing collaborative forms of the development and marketing of such tourism offerings and experience.

Originality/value

In the context of culinary tourism, a case study illustrates the value of collaboration in developing and marketing experiential culinary products. Findings indicate informal collaborative partnerships are essential to building and marketing culinary tourism products and experiences, addressing a gap in the literature and providing value for practitioners.

Details

The Handbook of Managing and Marketing Tourism Experiences
Type: Book
ISBN: 978-1-78635-289-7

Keywords

Article
Publication date: 21 June 2011

Andrew J. Murphy

This paper aims to report results from an exploratory study of farmers' markets, taking particular interest in the motives for participation of customers, and their perceptions of…

2748

Abstract

Purpose

This paper aims to report results from an exploratory study of farmers' markets, taking particular interest in the motives for participation of customers, and their perceptions of the functioning of markets as co‐created sites of local food production, retail and consumption. Customer perceptions are also compared between farmers' markets and supermarkets.

Design/methodology/approach

Questionnaires were completed by 252 customers at 11 farmers' markets around New Zealand in 2008‐2009. Customers rated the importance of 31 constructs that might influence their involvement. For comparison, 257 supermarket shoppers in Auckland completed a similar questionnaire. Student t‐tests are used to distinguish between samples and subsample groups.

Findings

The paper finds that product quality is the key motivator for patronage, with price not a significant barrier to purchase or visits to farmers' markets. The “retail environment” has only a modest influence on market customer choices, and markets are only partially co‐created, with customers not highly valuing interaction with producers. Customers rated price, location and store environment constructs to be much more important at supermarkets than at markets.

Originality/value

Farmers' markets have experienced recent rapid growth and diffusion in many parts of the world, including Australasia, becoming popular sites of small retail trade and local cultural exchange. This paper contributes to the understanding of what motivates customers to participate in them, and what distinguishes markets from other food retailing sites such as supermarkets, at least in the New Zealand context.

Details

International Journal of Retail & Distribution Management, vol. 39 no. 8
Type: Research Article
ISSN: 0959-0552

Keywords

Article
Publication date: 3 June 2019

Dong Hoang, Cathy Barnes and Olga Munroe

The purpose of this paper is to examine the current state of the management of traditional retail markets (TRM) in the UK. TRM are indoor and outdoor markets located in town and…

1257

Abstract

Purpose

The purpose of this paper is to examine the current state of the management of traditional retail markets (TRM) in the UK. TRM are indoor and outdoor markets located in town and city centres across the UK, selling food, household goods, clothing and the like.

Design/methodology/approach

The paper employs a comparative analysis approach of multiple cases using an analytical framework drawn from place management and retail business management literature. The study investigates 11 retail markets in the UK, including 7 run by Local Councils, 2 privately run and 2 operated by Charity Trusts.

Findings

The paper identifies the management challenges of TRM lying 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.

Originality/value

The paper contributes to the retail literature’s 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 to advance the current limited understanding of this traditional form of retailing and sheds light on future research in this area.

Details

International Journal of Retail & Distribution Management, vol. 47 no. 5
Type: Research Article
ISSN: 0959-0552

Keywords

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