The Asian economic recession and retail change: the implications for retailer strategies in Asia

Citation

Davies K (2000) The Asian economic recession and retail change: the implications for retailer strategies in Asia. International Review of Retail, Distribution and Consumer Research, 10 (4), pp. 335-353. https://doi.org/10.1080/09593960050138912

Abstract
For almost three years the Asian Economic Crisis has been one of the most talked about in uences on the retail sector in the region. This paper argues that the economic crisis has hidden or diverted attention away from the underlying changes in retailing that have been proceeding for much longer. A more dynamic and proactive retail sector appears to be evolving, one which is now less of a 'taker' of the strategies of manufacturers and more of a 'setter' of trends in product development and logistics. European and American retailers often appear to be major catalysts in this process, but this is not to say that the Asian retail sector will not develop in its own way, matched to local needs. What does now appear to be clear is that as economies in the region recover, most of their retail sectors will not go back to 'business as usual'.

Keywords
Retail change; internationalization; Asia

Journal
International Review of Retail, Distribution and Consumer Research: Volume 10, Issue 4