RESEARCH NOTES
Hypermarket Stores Are Declining, But Why Do Sales Recovery Rates Vary by Company?
This article compares the year-end store networks and official financial and profit-and-loss data of the top three hypermarket chains: E-Mart, Lotte Mart, and Homeplus. It analyzes where their competitiveness diverges by examining the growth of warehouse-style stores, the differences between domestic and overseas operations, and the pitfalls of per-store averages.

Store Count, Sales, and Profits Send Different Signals The traditional way of explaining the competitiveness of hypermarkets through store counts is faltering.…
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