Gielens, Gielens, K.; Dekimpe, Dekimpe, M.G. - Erasmus Research Institute of Management (ERIM), … - 2004
In most western countries, grocery retailers are faced with maturing domestic markets with a year-to-year sales growth close to zero. Moreover, most Western-European markets are characterized by a high concentration rate, with a combined market share of the top five players easily exceeding 70%....