Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review
534 KB, PDF document
Final published version
The practice of creating Private Label by large food chains is a global trend. Such international and Russian retailers as Auchan, SPAR, Prisma, Okay, Lenta, etc. have these products of their own brand. However, this marketing policy is not used by all the players in this market. In the conditions of a protracted economic recession that began in Russia in 2014, even such a seemingly stable sector of the economy as grocery retail faced a decline in its trade. The main reason for the current situation is, of course, a significant, more than 15% in 5 years, fall in real disposable incomes of Russian households. At the same time, for certain groups of households (families with children, single pensioners, etc.), the poverty is still much higher. In such households, expenses for food take significantly more than half of their incomes. The heightened competition of retail chains for a shrinking budget of buyers pushes them to search for new models of pricing policy. This article explores the possibility of using the practice Private Label by food chains.
Original language | English |
---|---|
Title of host publication | 19TH INTERNATIONAL SCIENTIFIC CONFERENCE GLOBALIZATION AND ITS SOCIO-ECONOMIC CONSEQUENCES 2019 - SUSTAINABILITY IN THE GLOBAL-KNOWLEDGE ECONOMY |
Subtitle of host publication | USTAINABILITY IN THE GLOBAL-KNOWLEDGE ECONOMY |
Editors | T Kliestik |
Place of Publication | 17 AVE DU HOGGAR PARC D ACTIVITES COUTABOEUF BP 112, F-91944 CEDEX A, FRANCE |
Publisher | EDP Sciences |
Number of pages | 10 |
DOIs | |
State | Published - 2020 |
Event | 19th International Scientific Conference Globalization and Its Socio- Economic Consequences - Sustainability in the Global-Knowledge Economy - Rajecke Teplice, Slovakia Duration: 9 Oct 2019 → 10 Oct 2019 |
Name | SHS Web of Conferences |
---|---|
Publisher | E D P SCIENCES |
Volume | 74 |
ISSN (Print) | 2261-2424 |
Conference | 19th International Scientific Conference Globalization and Its Socio- Economic Consequences - Sustainability in the Global-Knowledge Economy |
---|---|
Country/Territory | Slovakia |
City | Rajecke Teplice |
Period | 9/10/19 → 10/10/19 |
ID: 53267155