3,418 research outputs found

    Consolidated Markets, Brand Competition, and Orange Juice Prices

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    This paper examines how consolidation in the marketing system affects prices for orange juice. We isolated the pricing behavior of brand marketers, wholesalers, and retailers by observing the retail prices for specific orange juice products, including leading national brands and private label brands, in 54 U.S. markets over a 1-year period. The data provided little compelling evidence that consolidated markets engaged in non-competitive pricing behavior. Increased brand competition, particularly between private labels and leading national brands, did, however, appear to lower average market prices.consumer demographics, national brands, orange juice, price behavior, private labels, wholesaler concentration, retailer concentration, Demand and Price Analysis, Industrial Organization,

    THE FOOD SERVICE INDUSTRY: TRENDS AND CHANGING STRUCTURE IN THE NEW MILLENNIUM

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    By 2010, foodservice establishments are projected to capture 53 percent of consumers' food expenditures, whereas in 1980, foodservice captured less than 40 percent. The foodservice industry accounts for approximately 4 percent of the Gross Domestic Product and about 11 million jobs. It has been rapidly changing due to economic factors, technological advances, and labor matters.1 This overview covers many of the issues and trends affecting the different segments of the foodservice supply chain including the foodservice operators, distributors and food manufacturers. Changing customer demographics are a driving force in the evolution of the foodservice industry. As the baby boomers reach middle age, they do not seem to have time to cook and their children and grandchildren do not seem to have the interest, or talent. The U.S. population in 2000 had over double (6,500)thepercapitadiscretionaryincomethatithadin1975(6,500) the per capita discretionary income that it had in 1975 (3,109) 2 and, with a high value for recreation and pleasure they are pulled out of the kitchen and into the restaurants. An ever-shrinking world also brings variety to menus as cultures and cuisines converge, introducing new flavors and textures. A tight labor market has affected the foodservice industry from top to bottom leading to a derived demand for convenience products from manufacturers. At all links in the chain, companies are experiencing mergers and acquisitions. Operators, manufacturers, and distributors are all fighting for a share of the profits as competition continues to intensify. This review of the foodservice industry incorporates interviews with industry professionals, current information from leading foodservice associations, and predictions from the top industry research firms and consultants.Agribusiness, Industrial Organization,

    MARKET COMPETITION AND METROPOLITAN-AREA GROCERY PRICES

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    This paper examines the relationship of 1987 retail grocery prices to supermarket sales concentration across 95 U.S. metropolitan areas. The regression model incorporates a large number of population, retail-cost, and retail competition factors and separate prices by type of grocery item. We find that the concentration-price relationship is sensitive to item type: positive for packaged, branded, dry groceries and unrelated for produce, meat, and dairy product prices. As for market rivalry, we find that small grocery stores provide no grocery price competition for supermarkets. However, branded grocery prices are driven down by fast-food places and by rapid price churning, whereas for unbranded foods the presence of warehouse stores places downward pressure on supermarket prices while fast-food presence does not. For the branded-groceries component, we also find prices higher in large, fast-growing, low- income, Eastern cities. We also find that cities where rents, wages, and electricity costs are high tend to have high dry grocery prices. However, for the unbranded-products component retail costs are unrelated to prices, and cities in the South have the highest prices.retail grocery trade, pricing policy, variable price merchandising, market competition, category management, market structure, sales concentration, price discrimination, price rivalry, oligopoly, food demand, food prices, Consumer/Household Economics,

    An eco-solution for track & trace of goods and third party logistics

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    This paper presents a new economic cost-effective solution known as the Web and telephony based method for tracking and tracing of goods and small and medium sized third party logistic providers. Considering that these companies usually operate on very flat margins, a comparison is made of the available track and trace technologies like GPS, mobile phone approximated GPS and Java based cell tracking in terms of costs, operating risks, and other evaluation criteria

    Maritime Commerce in Greater Philadelphia: Assessing Industry Trends and Growth Opportunities for Delaware River Ports

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    Maritime Commerce in Greater Philadelphia: Assessing Industry Trends and Growth Opportunities for Delaware River Ports is an evaluation of existing port conditions along the Delaware River and market-driven opportunities for expansion. The report includes an economic impact analysis, Delaware River port descriptions, global trends, and recommended strategies for ports growth. Key findings include:Region-wide port activity generates 69millionintaxrevenuesforstategovernmentsacrossGreaterPhiladelphiaandmorethan69 million in tax revenues for state governments across Greater Philadelphia and more than 11 million in Philadelphia Wage Tax revenues.Each on-site port job supports two jobs from port activity and employee spending. Total regional port-related employment is 12,000+ jobs.Delaware River ports import nearly 1/2 of the nation's cocoa beans, almost 1/3 of the bananas, and a 1/4 of all fruit and nuts.Growing maritime commerce in Greater Philadelphia will require collaboration among Delaware River ports to leverage existing strengths and strategically invest in regional infrastructure improvements

    Energy mapping of large refrigerated warehouses co-located with renewable energy sources across Europe

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    Powering refrigerated warehouses by renewable energy sources (RES) turns from an extravagancy to a routine. RES intermittency requires suitable energy storage for both off-grid and on-grid applications. Cryogenic energy storage, integrated synergistically with RES and large refrigerated warehouses, is a promising environmentally friendly technology (addressed by the EU CryoHub project). Hence, studies were carried out to identify where large energy-intensive refrigerated warehouses are situated across Europe and how much power they consume. By employing diverse instruments and data sources, some 1049 warehouses were established, while 503 energy intensive ones were mapped and further co-located with 3200 solar PV and 11700 onshore wind parks to discover the best areas for RES integration across EU28. As compared with similar international surveys, the CryoHub statistics covers simultaneously warehouse capacity, geographical location and energy data, which permit a comprehensive analysis and strategic planning in both food refrigeration and energy sectors
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