{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,10,26]],"date-time":"2026-10-26T11:20:06Z","timestamp":1793013606964,"version":"4.5.0"},"reference-count":15,"publisher":"Walter de Gruyter GmbH","issue":"3","license":[{"start":{"date-parts":[[2020,12,1]],"date-time":"2020-12-01T00:00:00Z","timestamp":1606780800000},"content-version":"unspecified","delay-in-days":0,"URL":"http:\/\/creativecommons.org\/licenses\/by-nc-nd\/3.0"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":[],"published-print":{"date-parts":[[2020,12,1]]},"abstract":"<jats:title>Abstract<\/jats:title>\n                  <jats:p>The Greek economic activity has been declined dramatically in recent years as many sectors of the economy that cannot cope with the new state brought about by the economic crisis. An economic crisis can be described as the phenomenon when an economy is characterized by a continuous and noticeable decline in its economic activity. As an economic activity, we are referring to all the macroeconomic dimensions of the economy, such as employment, the national product, prices, investments, etc. The downturn in the supermarket sector, which is attributed to the country\u2019s financial situation, has led to a decline in the household disposable income. The present study was carried out at the time of the economic crisis, concerning a productive sector of the Greek economy, where millions of euros are exchanged hands. The objective of the study was to explore the impacts of the economic crisis on the sector by using a series of financial indicators. The results point to significant effects on the efficiency and earnings of the major actors of the sector.<\/jats:p>","DOI":"10.2478\/sbe-2020-0054","type":"journal-article","created":{"date-parts":[[2021,4,6]],"date-time":"2021-04-06T15:53:34Z","timestamp":1617724414000},"page":"208-222","source":"Crossref","is-referenced-by-count":5,"title":["Financial Analysis of Major Retail Chains within a Turbulent Economic Environment"],"prefix":"10.2478","volume":"15","author":[{"given":"Zisoudis","family":"Nikolaos","sequence":"first","affiliation":[{"name":"Democritus University of Thrace , Department of Agricultural Development , Greece"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Karelakis","family":"Christos","sequence":"additional","affiliation":[{"name":"Democritus University of Thrace , Department of Agricultural Development , Greece"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Theodossiou","family":"George","sequence":"additional","affiliation":[{"name":"University of Thessaly , Department of Business Administration , Greece"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Loizou","family":"Efstratios","sequence":"additional","affiliation":[{"name":"University of Western Macedonia , Department of Regional Development & Cross Border Studies , Greece"}],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"374","published-online":{"date-parts":[[2021,1,26]]},"reference":[{"key":"2026042916253285421_j_sbe-2020-0054_ref_001","doi-asserted-by":"crossref","unstructured":"Beaver, W., 2002. Perspectives on recent capital market research. The Accounting Review, Vol. 77, No. 2, pp. 453-47410.2308\/accr.2002.77.2.453","DOI":"10.2308\/accr.2002.77.2.453"},{"key":"2026042916253285421_j_sbe-2020-0054_ref_002","unstructured":"Gikas C.D. 2002. The analysis and uses of accounting statements. Publications Benou C. Athens"},{"key":"2026042916253285421_j_sbe-2020-0054_ref_003","unstructured":"Grigorakos, G. \u03a4. 20011. Analysis - Interpretation of the General Accounting Plan ed. - Athens: Sakkoulas Ant. N., 2011"},{"key":"2026042916253285421_j_sbe-2020-0054_ref_004","doi-asserted-by":"crossref","unstructured":"Hausman, A., and Johnston, W. J. (2014). The role of innovation in driving the economy: Lessons from the global financial crisis. Journal of Business Research, 67(1), 2720-272610.1016\/j.jbusres.2013.03.021","DOI":"10.1016\/j.jbusres.2013.03.021"},{"key":"2026042916253285421_j_sbe-2020-0054_ref_005","unstructured":"Kantzos K. 2002. Financial Statement Analysis, Interbooks Publications \u2013 Athens."},{"key":"2026042916253285421_j_sbe-2020-0054_ref_006","unstructured":"Katsanidis, S. 2005. Financial operations. Department of TEI Publications of Thessaloniki."},{"key":"2026042916253285421_j_sbe-2020-0054_ref_007","unstructured":"Koufaris G., 2010, The global economic crisis and the stock markets. Money Magazine, January-February 2010."},{"key":"2026042916253285421_j_sbe-2020-0054_ref_008","doi-asserted-by":"crossref","unstructured":"Mankiw N. G. 2013. Defending the one percent. The Journal of Economic Perspectives, 27(3), 21-3410.1257\/jep.27.3.21","DOI":"10.1257\/jep.27.3.21"},{"key":"2026042916253285421_j_sbe-2020-0054_ref_009","unstructured":"Niarchou, and Nikitas. 2004, Financial analysis of accounting statements, Publications. Stamouli, Athens."},{"key":"2026042916253285421_j_sbe-2020-0054_ref_010","unstructured":"Papadeas P and Sykianakis N, \u201cAnalysis and Investigation of Financial Statements\u201d. Papadea Publications, Athens, 2017, page 70"},{"key":"2026042916253285421_j_sbe-2020-0054_ref_011","unstructured":"Soumpeniotis, D. and Tampakoudis, I. 2015. Financial Analysis, Thessaloniki: Soumbeniotis-Tampakoudis Publishing House"},{"key":"2026042916253285421_j_sbe-2020-0054_ref_012","unstructured":"Sykianakis, N. and Papadeas, P. 2014. Analysis and investigation of Financial Statements with Greek and International (Accounting) Financial Information Standards. Athens: Publication of the same."},{"key":"2026042916253285421_j_sbe-2020-0054_ref_013","unstructured":"Vassiliou D. and Heriotis N, 2008, Financial Administration, Publisher: Rosili, Athens."},{"key":"2026042916253285421_j_sbe-2020-0054_ref_014","doi-asserted-by":"crossref","unstructured":"Wan, W. P., and Yiu, D. W. (2009). From crisis to opportunity: Environmental jolt, corporate acquisitions, and firm performance. Strategic Management Journal, 30(7), 791-801.10.1002\/smj.744","DOI":"10.1002\/smj.744"},{"key":"2026042916253285421_j_sbe-2020-0054_ref_015","unstructured":"Worthington I. and Britton C. (2006) The Business Environment. 5thEd., Pearson Edu-cation Limited, Harlow, Essex, UK."}],"container-title":["Studies in Business and Economics"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/reference-global.com\/pdf\/10.2478\/sbe-2020-0054","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2026,4,29]],"date-time":"2026-04-29T19:22:45Z","timestamp":1777490565000},"score":1,"resource":{"primary":{"URL":"https:\/\/reference-global.com\/article\/10.2478\/sbe-2020-0054"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2020,12,1]]},"references-count":15,"journal-issue":{"issue":"3","published-online":{"date-parts":[[2021,1,26]]},"published-print":{"date-parts":[[2020,12,1]]}},"alternative-id":["10.2478\/sbe-2020-0054"],"URL":"https:\/\/doi.org\/10.2478\/sbe-2020-0054","relation":{},"ISSN":["2344-5416"],"issn-type":[{"value":"2344-5416","type":"electronic"}],"subject":[],"published":{"date-parts":[[2020,12,1]]}}}