Skip to main content

Large format stores and the introduction of new regulatory controls in South Korea

Buy Article:

$55.00 plus tax (Refund Policy)

Abstract:

Since 1996, when Korea's retail industry was liberalized, new store formats such as large discount stores, have grown, it was widely believed, at the expense of incumbent rivals such as traditional markets and small operators. This paper seeks to empirically test this proposition: an important underpinning to new regulatory control policies. Research involved a spatial analysis of traditional markets (1456), large discount stores (408), and super-supermarkets (SSMs or hypermarkets (729)) spread throughout the country, in order to examine the scale and scope of the influence of the new retail store formats. The research is supportive of the ‘Traditional Commercial Activity Protection Zones’, which protect small and medium-sized enterprises (SMEs). From the perspective of traditional markets, it may be necessary for the South Korean government to promote additional, more proactive, support policies for SMEs.

Keywords: GIS; Korea; SME; TNCs; retail industry

Document Type: Research Article

DOI: https://doi.org/10.1080/09593969.2012.754779

Affiliations: 1: Research Team for Commercial Districts Development, Agency for Traditional Market Administration, Small Medium and Business Administration, Seoul, South Korea 2: Portsmouth Business School, University of Portsmouth, Hampshire, UK

Publication date: 2013-05-01

More about this publication?
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more