Causes and consequences of U.S. chain store closings: Attributions in the media

Johnson, Mark S.

doi:10.1002/1520-6793(200008)17:8<721::aid-mar4>3.0.co;2-b

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Cited by 5 publications

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“…However, the choice of stores to close is complicated by the fact that store closing has implications for the customers of the closed store. Customers of closed stores suffer from a feeling of abandonment and may be forever lost to the competition (Johnson 2000). A retail firm can use its surviving retail stores to retain the customers of closed stores (see Exhibit 1).…”

Section: Introductionmentioning

confidence: 99%

A Decision Model for E-commerce-enabled Partial Market Exit

Syam

Bhatnagar

2010

Journal of Retailing

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Section: Introductionmentioning

confidence: 99%

A Decision Model for E-commerce-enabled Partial Market Exit

Syam

Bhatnagar

2010

Journal of Retailing

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Business failure and mass media: An analysis of media exposure in the context of delisting event

Sheng¹,

Lan

2019

Journal of Business Research

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It is understood that the mass media are a pervasive force in shaping the public's perceptions. This paper incorporates agenda-setting theory to explore whether and to what extent that the mass media can signal business failure. In an analysis of news coverage relating to Chinese underperforming listed firms over the period 2006-2017, it is demonstrated that firms whose stocks are put under "special treatment" status due to consecutive annual losses experience (*ST) greater news volume and lower news sentiment relative to other firms in the quarter in which the "delisting risk warning" announcements are made. Furthermore, *ST firms which are eventually delisted have a greater volume of news than other *ST firms, but we find no evidence that the sentiment of news relates to termination of listing. Our findings offer insights into the informativeness of the mass media and their agenda-setting effects in the business failure context.

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