Store equity: reformulation of store equity dimensions

ABSTRACT

With the growing importance of retailers and the realization that brands are among retailers’ most valuable assets, store equity has become a management priority. Store equity has been recognized as a key element that helps retailers build a sustainable competitive advantage. In this context, this study presents a conceptual model of store equity and identifies key dimensions that contribute to its formation. A comprehensive review of studies within the area of store equity was conducted to compare and analyze the dimensions of store equity as discussed in the existing literature. The findings show that store equity consists of two main dimensions: store awareness and store image, which comprises merchandise, atmosphere, and convenience. In addition, important areas for future research on store equity and related topics are highlighted.

KEYWORDS:

• Store equity
• store image
• store awareness
• store atmosphere
• merchandise

Disclosure statement

No potential conflict of interest was reported by the authors.

Additional information

Notes on contributors

Abdullah M. Alhidari

Abdullah M. Alhidari is an Assistant Professor of Marketing,Marketing Department in King Saud University.

Johara Alassaf

Johara Alassaf is a Ph.D. Candidate of Marketing Department in King Saud University.

Ahmed Al-Motawa

Ahmed Al-Motawa is an Associate Professor of Marketing,Marketing Department in King Saud University, P. O. BOX 2454, Riyadh 1145.