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The more things change the more they stay the same: a replicated study of small retail firm resources
Citation
Grimmer, L and Grimmer, M and Mortimer, G, The more things change the more they stay the same: a replicated study of small retail firm resources, Journal of Retailing and Consumer Services, 44 pp. 54-63. ISSN 0969-6989 (2018) [Refereed Article]
Copyright Statement
Copyright 2018 Elsevier Ltd.
Official URL: https://www.sciencedirect.com/science/article/pii/...
DOI: doi:10.1016/j.jretconser.2018.05.012
Abstract
This research identifies the resources that predict performance in small, independent retail firms over a three-year period. Surveys were mailed to small business owners in 2013 and in 2016. Responses (2013, n = 384; 2016, n = 363) from each administration revealed consistent findings: informational (business information systems) resources and access to financial capital were positively related to firm performance, as measured by average annual sales turnover. On the other hand, informational (web) resources, including social media, were negatively related to performance. Strategic orientation and planning capability were examined as possible mediators of the resources-performance relationship. The results from this replicated study demonstrate, which firm resources do, and do not, relate to small, independent retail firm success.
Item Details
Item Type: | Refereed Article |
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Keywords: | retail, small business, resource advantage theory, strategic orientation, planning, strategic marketing |
Research Division: | Commerce, Management, Tourism and Services |
Research Group: | Marketing |
Research Field: | Marketing Communications |
Objective Division: | Commercial Services and Tourism |
Objective Group: | Property, Business Support Services and Trade |
Objective Field: | Wholesale and Retail Trade |
UTAS Author: | Grimmer, L (Dr Louise Grimmer) |
UTAS Author: | Grimmer, M (Professor Martin Grimmer) |
ID Code: | 126169 |
Year Published: | 2018 |
Web of Science® Times Cited: | 3 |
Deposited By: | TSBE |
Deposited On: | 2018-05-28 |
Last Modified: | 2018-12-05 |
Downloads: | 0 |
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