Hans-Christian Riekhof (Ed.), Retail Business – Perspectives – Strategies – Success Patterns, 3rd revised and expanded edition / Wiesbaden, Gabler Verlag 2013, ISBN 978-3-8349-4554-9

Retail is facing probably the biggest challenges in its history: demographic change leads to new needs structures and different shopping behavior, consumers change their behavior in dealing with media and ordering methods, decades-long loyalties break up, branded goods manufacturers become active as retailers themselves, vertical chains continue their advance, completely new business models are established, traditional providers are massively on the defensive, established retailers have to give up if their adaptation speed is not sufficient.

This book describes the status quo and the adaptation processes of retail in Germany. Perspectives, innovative strategies and success patterns are shown.

In the now available 3rd edition, ten business models and company examples have been newly included. The authors are directors, managing directors and board members of the respective companies; scientists and business consultants are responsible for the conceptual contributions.

The target group of the book are practitioners from the areas of retail and fashion business as well as fast moving consumer goods, furthermore scientists and students from the areas of marketing, sales and trade.

More information about the book

– Strategic challenges and perspectives for the retail business
– Customer insights for the retail business
– Marketing strategic perspectives for the retail business
– Social media, cross channel and multi device management in the retail business
– Innovative business concepts and successful strategies in the retail business

Hans-Christian Riekhof (Ed.):
Retail Business in Germany (3rd edition).
Gabler Verlag Wiesbaden
Preface of the editor

Chapter 1
Strategic Challenges and Perspectives for Retail Business

  1. Strategic Challenges for Retail Business
    Hans-Christian Riekhof
  2. Competition economic fundamentals of the operating form competition in food retailing
    Rainer P. Lademann
  3. The intelligent hedging of the customer’s willingness to pay in retail
    Michael Freytag
  4. Vertical process management in the retail loop – Faster, more flexible and cost-effective value creation across the entire process chain using the example of fashion retailing
    Michael Kunkel

Chapter 2
Customer Insights for Retail Business

  1. The consumer’s shopping districts – Derivations for Retail Business
    Dirk Ziems / Uwe Krakau
  2. See more and act better: Only a real understanding of the buyer leads to more success in retail
    Antonella Mei-Pochtler
  3. Pricing Research and Price-Sales Functions at Otto (GmbH & Co KG)
    Tobias Gruber / Matthias Stüben

Chapter 3
Marketing strategic perspectives for Retail Business

  1. Strategic positioning through sustainability using the example of the Otto Group
    Johannes Merck / Christiane Fleischer
  2. Success in the niche: The Long-Tail phenomenon in Retail Business
    Tobias Schäfers / Hans-Christian Riekhof
  3. The Takko positioning as Value Fashion Retailer
    Stephan Swinka / Katharina Ediger
  4. The good name counts – Private labels vs. branded goods in retail under the aspect of choosing their names
    Bernd M. Samland
  5. Successful dialog marketing in retail version 2.0
    Ralf T. Kreutzer

Chapter 4
Social Media, Cross Channel and Multi Device Management in Retail Business

  1. “Network and Rule!” Social Media from a brand strategic perspective.
    Oliver Hermes
  2. The Multi Device Strategy at Otto
    Thomas Schnieders
  3. No-Line trade as the highest stage of evolution of Cross-Channel Management
    Gerrit Heinemann
  4. The mature Dell customer: Advisor, diplomat and brand ambassador – The implementation of recommendation marketing at Dell.
    Michael Buck
  5. The SportScheck Cross Channel Strategy
    Stefan Herzog/Berit Düvell
  6. The Multichannel Strategy at Görtz
    Lutz Spannuth

Chapter 5
Innovative business concepts and successful strategies in Retail Business

  1. Changing the Model – HUGO BOSS transforms from a static static wholesale company to a dynamic retailer
    Bernd Hake / Kathrin Hüsgen
  2. KeenOn fashion – A future concept for the fashion and lifestyle wholesale // a virtual show room as an innovative business model
    Henning Husmann / Claudia Hagedorn / Thomas Baierlein
  3. LUSH Fresh Handmade Cosmetics – The somewhat different cosmetics: fresh, handmade, naked, sustainable – innovative
    Katja Kreß / Sandra Dollinger
  4. The positioning of BUDNIKOWSKY in Retail Business
    Christoph Wöhlke
  5. The ALDI system – A pattern of successful corporate management
    Dieter Brandes
  6. Kiehl’s Since 1851 – From the New York pharmacy to the internationally successful cosmetics brand
    Friederike Heine

Review

“The 3rd edition of Retail Business presents the current developments in retail and shows how leading retail companies in Germany are successfully asserting themselves on the market. The concept with both conceptual and practical contributions provides good insights into retail practice. Especially the contributions to Cross Channel Retailing are of very high topicality. Prof. Riekhof once again shows that he understands both the pulse of the time of the ever faster developing retail and the changing consumer demands.”