Financial Performance of Supermarkets in Karnataka

Dr. Ramappa K.B

Financial Performance of Supermarkets in Karnataka

Dr. Ramappa K.B * §

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§ Acharya Bangalore B-School

Financial Performance of Supermarkets in Karnataka

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Abstract

Global supermarket food products sales are predicted to generate revenue in excess of $1.70 trillion by 2015, according to research from Global Industry Analysts. Market growth has been driven by the rising importance of consumerism. Since supermarkets first appeared in the US, they have been rolled out all over the globe, with supermarket chains securing their place at the top of the world’s retail chain. Due to the effects of the economic recession, the number of consumer visits to supermarkets has fallen over recent years. Currently the UK is undergoing a sustained period of retail growth, with the high level of consumer confidence witnessed in previous years holding up. However, this situation is fragile and could change rapidly. Slower earnings, coupled with speculation about changes in interest rates and job insecurity could affect the rate of growth. Consequently retailers will suffer from even a minor economic downturn as profit margins have already been cut to sustain levels of sales. Overall, however, it is apparent that many retailers are committed to expansion with many new sites due to open over the next few years.

References

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V Arora,P Gajri (1996). Performance of simplified water balance models under maize in a semiarid subtropical environment.
V Bharadwaj,M Gautam,Swaroop,Vittal (2005). Gill, (James) Kenneth, (27 Sept. 1920–3 Sept. 2005), President, Saatchi and Saatchi Company PLC, 1985–94.
T Devaraja (2000). Performance of HOP-COMS, Karnataka -an economic evaluation.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Dr. K.B. 2013. "Financial Performance of Supermarkets in Karnataka". Global Journal of Management and Business Research, Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 13 (GJMBR Volume 13 Issue C4).

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GJMBR Volume 13 Issue C4

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

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Classification

GJMBR-C Classification JEL Code: F65

Submission ReceivedDecember 10, 2012
Peer Review Double Blind
Handling Editor
Accepted December 31, 2012
Published January 15, 2013

Version of record

v1.2

Issue date

April 16, 2013

Language

English

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Article Matrices

Total Score: 154

Country: India

Subject: Global Journal of Management and Business Research

Authors: Dr. Ramappa K.B, Shivaprasad G (PhD/Dr. count: 1)

View Count (all-time): 265

Total Views (Real + Logic): 1994

Total Downloads (simulated): 109

Publish Date: 2013 01, Tue

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Total Views: 2K

Total Downloads: 109

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