Mit einem Umsatzrückgang von nominal 2 und real 3,5% erlebte der deutsche Großhandel im Jahr 2001 gegenüber 2000 einen herben Rückschlag. Der negative Trend, insbesondere ab September, setzte sich auch im laufenden Jahr fort. Die Umsätze gingen von Januar bis Mai 2002 weiter zurück, und...

Der Bekleidungseinzelhandel beendete das Jahr 2004 erneut mit einem Umsatzrückgang, der zwischen 2 und 3% gelegen haben dürfte. Eine schwache Nachfrage nach Bekleidung, aber vor allem sinkende Durchschnittspreise führen zu dieser negativen Umsatzentwicklung, Im Schuheinzelhandel waren die...

The economic crisis in Greece has affected almost all sectors of the economy and the great majority of households. Its effects in trade and commerce activities are visible by the obvious transformation of down-town Athens city centre. This transformation includes a great number of closing...

Macroeconomists have traditionally ignored the behavior of temporary price markdowns ("sales") by retailers. Although sales are common in the micro price data, they are assumed to be unrelated to macroeconomic phenomena and generally filtered out. We challenge this view. First, using the 1996 -...

This study focuses on the impact of the 2001 recession as well as the subsequent expansion on U.S. trade (i.e., retail and wholesale) firms' short-term assets and liabilities. The paper also analyzes the differential effects on long-term debt and cash flow levels between retail and wholesale...

What explains apparent price rigidity over the business cycle? This paper shows that price fluctuations may be hidden in prices of add ons. Using 10 years of extended warranty data from a nationwide Canadian retailer, we show that extended warranty prices respond strongly to changes in local...

We study the grocery industry in Washington, DC, during the Great Depression using data from the 1929 Census of Distribution, a 1929-1930 survey by the Federal Trade Commission, and a 1935 business directory. We first document the differences between chains and independents in the Washington,...

What explains apparent price rigidity over the business cycle? This paper shows that price fluctuations may be hidden in prices of add ons. Using 10 years of extended warranty data from a nationwide Canadian retailer, we show that extended warranty prices respond strongly to changes in local...

Der Bekleidungseinzelhandel beendete das Jahr 2004 erneut mit einem Umsatzrückgang, der zwischen 2 und 3% gelegen haben dürfte. Eine schwache Nachfrage nach Bekleidung, aber vor allem sinkende Durchschnittspreise führen zu dieser negativen Umsatzentwicklung, Im Schuheinzelhandel waren die...