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Learning to Multiply

The Property Market and the Growth of Multiple Retailing in Britain, 1919–39

Bibliographic Data

ID8420619
AuthorsPeter Scott (0000-0003-1230-9040, University of Portsmouth, corresponding author)
Year1994
Volume36
Issue3
Pages1-28
Publication date1994-07-01
Open AccessNo
TypeARTICLE
VenueBusiness History (JOURNAL)
Journal identifiersISSN: 0007-6791 • E-ISSN: 1743-7938
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00076799400000073
OpenAlexW1985745160
LanguageEN
Citations received7

The article examines the links between the rapid expansion of multiple retailing in Britain during the inter-war period and the growth of an investment market in High Street shops. The funding opportunities offered by the commercial property market, together with the associated development of market intermediaries, were important factors behind the rapid growth of large-scale retailing during the inter-war years. Property-based finance allowed multiple retailers to achieve very high rates of growth, as a result of multiplier effects which were inherent in such finance. These effects are demonstrated using case studies of the inter-war expansion of Montague Burton Ltd and Marks & Spencer, and a model of corporate growth

Business · Business history · Economic history · Economics · Intermediary · Investment (military · Investment banking · Market economy · Political science · Politics · Property (philosophy · Property market · Spanish Civil War · Art History and Market Analysis · Finance · Historical Economic and Social Studies · Law · Scottish History and National Identity

  • Direction and discretion

    Martin Purvis•History of Retailing and…•2015

  • Towards the 'cult of the equity'? Insurance companies and the interwar capital market

    Open Access•Peter Scott•The Economic History Review•2002

  • Bibliography of Works Published Since 1993 Relevant to Scottish Economic and Social History

    Open Access•John Norton Moore•Scottish Economic & Social History•1996

  • The Arndale Property Company and the Transformation of Urban Britain, 1950–2000

    Open Access•Alistair Kefford•Journal of British Studies•2022

  • Consumption, Consumerism and Urban Form

    Open Access•Paul Glennie•Urban Studies•1998

  • Changes in Victorian entrepreneurship in England and Wales 1851-1911

    Open Access•Robert J Bennett, Harry Smith et al.•Business History•2022

  • The British 'failure' that never was? The Anglo-American 'productivity gap' in large-scale interwar retailing-evidence from the department store sector1

    Open Access•Peter Scott, James Walker et al.•The Economic History Review•2012

Citations per year0.23
Citation span1996 - 2022 (27)
Highly citedNo

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