|Appears in Collections:||Marketing and Retail Journal Articles|
|Peer Review Status:||Refereed|
|Title:||Investment recommendations and commercial reality in Scottish grocery retailing|
|Citation:||Sparks L (1996) Investment recommendations and commercial reality in Scottish grocery retailing, Service Industries Journal, 16 (2), pp. 165-190.|
|Abstract:||Since 1990 the grocery market in Scotland has been restructured and re-organised. November 1990 saw the opening of the first Shoprite hard discount grocery store in Scotland. A discount re-orientation and price war had begun. Shoprite expanded (too) rapidly, got into difficulties and have had to sell their stores to Kwik Save. Wm Low, after being adversely affected by the changed competitive structure, have been taken over by Tesco. These events illustrate the increased competitive nature of the Scottish grocery market. Both developments came as a surprise however to dedicated followers of brokers' reports on these retail companies, despite the supposedly close relationships between brokers and retail. This study looks at brokers' reports on Shoprite and Wm Low in the lead up to their take-overs in 1994, and points (admittedly with hindsight) to a divergence in investment recommendations and commercial reality.|
|Rights:||The publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.|
|Sparks_1996_Investment_Recommendations_and_Commercial_Reality.pdf||1.3 MB||Adobe PDF||Under Embargo until 31/12/2999 Request a copy|
Note: If any of the files in this item are currently embargoed, you can request a copy directly from the author by clicking the padlock icon above. However, this facility is dependent on the depositor still being contactable at their original email address.
This item is protected by original copyright
Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.
If you believe that any material held in STORRE infringes copyright, please contact email@example.com providing details and we will remove the Work from public display in STORRE and investigate your claim.