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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.
Язык оригинала | Английский |
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Название основной публикации | 19TH INTERNATIONAL SCIENTIFIC CONFERENCE GLOBALIZATION AND ITS SOCIO-ECONOMIC CONSEQUENCES 2019 - SUSTAINABILITY IN THE GLOBAL-KNOWLEDGE ECONOMY |
Подзаголовок основной публикации | USTAINABILITY IN THE GLOBAL-KNOWLEDGE ECONOMY |
Редакторы | T Kliestik |
Место публикации | 17 AVE DU HOGGAR PARC D ACTIVITES COUTABOEUF BP 112, F-91944 CEDEX A, FRANCE |
Издатель | EDP Sciences |
Число страниц | 10 |
DOI | |
Состояние | Опубликовано - 2020 |
Событие | 19th International Scientific Conference Globalization and Its Socio- Economic Consequences - Sustainability in the Global-Knowledge Economy - Rajecke Teplice, Словакия Продолжительность: 9 окт 2019 → 10 окт 2019 |
Название | SHS Web of Conferences |
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Издатель | E D P SCIENCES |
Том | 74 |
ISSN (печатное издание) | 2261-2424 |
конференция | 19th International Scientific Conference Globalization and Its Socio- Economic Consequences - Sustainability in the Global-Knowledge Economy |
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Страна/Tерритория | Словакия |
Город | Rajecke Teplice |
Период | 9/10/19 → 10/10/19 |
ID: 53267155