Towards a sustainable development of retailing in Romania

Sustainable development becomes increasingly important in the design of development policies. The economic field, due to the businesses it involves, is regarded as a tool capable of generating social well-being by caring for resource conservation. The retailing is part of this process, playing an im...

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Bibliographic Details
Published in:Amfiteatru economic 2013-11, Vol.15 (Special No. 7), p.583-602
Main Authors: Coca, Viorel, Dobrea, Mihaela, Vasiliu, Cristinel
Format: Article
Language:English
Subjects:
Business management
Business strategies
Climate change
Competitive advantage
Competitiveness
Consumers
Consumption
Development policy
Distribution costs
Economic development
Efficiency
Emerging markets
Emission standards
Emissions
environment protection
Environmental impact
Environmental protection
Europe
Greenhouse gases
Retail stores
Retail trade
retailing
Retailing industry
Romania
Social responsibility
Studies
Sustainable development
Trends
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Summary:Sustainable development becomes increasingly important in the design of development policies. The economic field, due to the businesses it involves, is regarded as a tool capable of generating social well-being by caring for resource conservation. The retailing is part of this process, playing an important role due to the connection it provides between producers and consumers. The objectives of this study were to highlight the extent to which retailing developed in Romania, to measure the efficiency of firms in the industry and to identify sustainable development practices these firms used. In developing our approach a sample of 12 firms were selected, which were defined as constituting a reference framework based on their size and turnover. Further on, the descriptive research method was used, based on secondary sources of data investigation. After analyzing the data, it was concluded that the retailing sector in Romania is a powerful one, with a market slightly increasing, dominated by trends of concentration and with efficiency in line with the European average. The use of the principles of sustainable development into trade business companies in Romania is low. There is no urge to see these principles as business opportunities and sources of competitiveness.
ISSN:2247-9104
1582-9146
2247-9104