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Volume 05 Issue 2

Strategies for retailers during recession

Published: 24 Feb 2012 Issue:Volume 05 Issue 2 Apr 2011 Author details below

Srini. R. Srinivasan

KJ Somaya Institute of Management Studies & Research,

S.N.V. Sivakumar

KJ Somaya Institute of Management Studies & Research, Mumbai.

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Research summary

The retail market in India is facing slowdown with the ongoing financial crisis happening across the world markets. Since the markets always have internally linked with each other, the impact of the crisis is generally shared among all. The inflation or the economic slowdown is adversely affecting the retail industry. With the suddenly disturbed economical status, consumers are gradually losing interest on buying. And for the interested, the unbalanced income, followed by the economic slowdown, is not meeting their buying requirements. Recessions do offer a myriad of opportunities for those marketers who understand marketplace dynamics and who are willing to plan thoughtfully for recession survival, learn from the problems and then move on to prosperity.

Article History

Published 24 Feb 2012

How to Cite

Srinivasan, S. R. & Sivakumar, S.. (2012). Strategies for retailers during recession. Journal of Business and Retail Management Research, Volume 05 Issue 2.

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Archive cited by No internal citing article yet
Reference depth 15 sources listed
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APA

Srinivasan, S. R. & Sivakumar, S.. (2012). Strategies for retailers during recession. Journal of Business and Retail Management Research, Volume 05 Issue 2.

MLA

Srinivasan, Srini. R., and S.n.v. Sivakumar. "Strategies for retailers during recession." Journal of Business and Retail Management Research, Volume 05 Issue 2, 2012.

Chicago

Srini. R. Srinivasan and S.n.v. Sivakumar. "Strategies for retailers during recession." Journal of Business and Retail Management Research Volume 05 Issue 2 (24 Feb 2012).

Harvard

Srinivasan, S. R. & Sivakumar, S. (2012) Strategies for retailers during recession. Journal of Business and Retail Management Research, Volume 05 Issue 2

References

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  5.    Goerne, Carrier(1991),”  Marketers using more coupons to fight Recession,” Marketing news (18 March , 6.  
  6.    Guy Trebay, ‘‘Luxury prices are falling; the sky, too,’’ New York Times, December 3, 2008.
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  8.  ‘‘High-end brands find credit crisis is hard to wear,’’ Financial Times, November 28, 2008, p. 16.
  9.    Ming-Hui Huang and Roland T. Rust, ‘‘Two paths to luxury,’’ Marketing  Management, November-December, 2008, pp. 31-5.
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  11.    Goodell, Phillips W; Martin, Charles L ,Marketing strategies for recession survival, The   Journal of Business & Industrial Marketing; Fall 1992; 7, 4; ABI/INFORM Global
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  14.    Ylan Q. Mui, ‘‘Tapping into shoppers’ psyches: battered retailers turn to sentimental  sales pitches,’’ Washington Post.com, November 18, 2008.
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