Evolution of Consumption and Retail Transformation – The Emergence of New Institutional Order for the Future of Retailing

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dc.contributor.authorKarhu Anna
dc.contributor.authorPelto Elina
dc.contributor.authorPalmunen Lauri-Matti
dc.contributor.organizationfi=Pan-Eurooppa Instituutti |en=Pan-European Institute|
dc.contributor.organizationfi=johtaminen ja organisointi|en=Management and Organisation|
dc.contributor.organizationfi=kansainvälinen liiketoiminta|en=International Business|
dc.contributor.organization-code1.2.246.10.2458963.20.60404682720
dc.contributor.organization-code1.2.246.10.2458963.20.72646005131
dc.contributor.organization-code1.2.246.10.2458963.20.95121698369
dc.converis.publication-id178692726
dc.converis.urlhttps://research.utu.fi/converis/portal/Publication/178692726
dc.date.accessioned2025-08-28T00:56:49Z
dc.date.available2025-08-28T00:56:49Z
dc.description.abstract<p>Retailing has developed from independent merchants to multinational giants operating through global value chains, which has profoundly shaped consumption patterns in Western economies. This constant development currently consists of three global-scale change trajectories – climate change, online consumption, and technological development – that affect the retail industry. Based on this, this chapter concentrates on connecting the development paths of consumption and retailing and identifies various factors that affect the future of international retailing. The authors analyze the changes in institutional logics of international retailing by mapping the past, present, and future of the retail industry and consumption using content analysis of secondary data. The authors pay special attention to the effect of the current Covid-19 crisis on the future development of the retail industry. In the findings of this chapter, the authors recognize institutional logics changes in organizing the position of retailing as a connector of customers and producers, and the authors suggest blockchain to be an emerging new institutional order.<br></p>
dc.format.pagerange289
dc.format.pagerange311
dc.identifier.eisbn978-1-80262-163-1
dc.identifier.isbn978-1-80262-164-8
dc.identifier.olddbid206733
dc.identifier.oldhandle10024/189760
dc.identifier.urihttps://www.utupub.fi/handle/11111/48450
dc.identifier.urlhttps://doi.org/10.1108/S1745-886220220000016015
dc.identifier.urnURN:NBN:fi-fe2023022828847
dc.language.isoen
dc.okm.affiliatedauthorKarhu, Anna
dc.okm.affiliatedauthorPelto, Elina
dc.okm.affiliatedauthorPalmunen, Lauri-Matti
dc.okm.discipline512 Business and managementen_GB
dc.okm.discipline512 Liiketaloustiedefi_FI
dc.okm.internationalcopublicationnot an international co-publication
dc.okm.internationalityInternational publication
dc.okm.typeA3 Book
dc.publisherEmerald
dc.publisher.countryUnited Kingdomen_GB
dc.publisher.countryBritanniafi_FI
dc.publisher.country-codeGB
dc.publisher.isbn978-0-85724; 978-0-9926800; 978-0-9927672; 978-1-78052; 978-1-78190; 978-1-78350; 978-1-78441; 978-1-80117; 978-1-84544; 978-1-84663; 978-1-84855; 978-1-84950; 978-1-78560; 978-1-78714; 978-1-78743; 978-1-78769; 978-1-78754; 978-1-78756; 978-1-78635; 978-1-78973; 978-1-83867; 978-1-80071; 978-1-80043; 978-1-83982; 978-1-80262; 978-1-80382
dc.relation.doi10.1108/S1745-886220220000016015
dc.relation.ispartofseriesProgress in International Business Research
dc.relation.volume16
dc.source.identifierhttps://www.utupub.fi/handle/10024/189760
dc.titleEvolution of Consumption and Retail Transformation – The Emergence of New Institutional Order for the Future of Retailing
dc.title.bookInternational Business in Times of Crisis: Tribute Volume to Geoffrey Jones.
dc.year.issued2022

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