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Rationalization and Restructuring in the Financial Services Sector

Greenland, Steven J. (1994). Rationalization and Restructuring in the Financial Services Sector. International Journal of Retail & Distribution Management,22(6):21-28.

Document type: Journal Article
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Title Rationalization and Restructuring in the Financial Services Sector
Author Greenland, Steven J.
Journal Name International Journal of Retail & Distribution Management
Publication Date 1994
Volume Number 22
Issue Number 6
eISSN 1758-6690
Start Page 21
End Page 28
Total Pages 8
Place of Publication United Kingdom
Publisher Emerald Publishing Limited
Field of Research 1502 - Banking, Finance and Investment
Abstract Despite developments in non‐branch financial service provision, such as telephone and home banking, the high‐street outlet will continue to be the main distribution channel. Branch network management is a highly sophisticated task which has been further complicated since the late 1980s by the increasing realization of the role that high‐street outlets can play in achieving marketing objectives. This factor, along with significant developments and changes within the industry, has resulted in a complete rationalization and restructuring of this key distribution channel. Describes the new, efficient, retail‐oriented delivery systems, compares them with Christaller′s Central Place Theory and discusses how these transformations represent a significant and continuing element of change in the urban morphology of UK towns and cities.
Keywords Banks
Design
Distribution
Financial services
Hierarchy
Location
Networks
Retail trade
DOI http://dx.doi.org/10.1108/09590559410070295   (check subscription with CDU E-Gateway service for CDU Staff and Students  check subscription with CDU E-Gateway in new window)
 
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Created: Tue, 06 Jun 2017, 11:00:58 CST by Marion Farram