Globalisation and the evolution of international retailing: a comment on Alexander's 'British overseas retailing, 1900-1960'

Nicholas Alexander's (2011. British overseas retailing, 1900–60: International firm characteristics, market selections and entry modes. Business History, 53, 530–556) survey of British overseas retailers from 1900 to 1960 provides pathbreaking new evidence of international retailing activity during the first globalisation boom. The article surveys this and other recent evidence, and confirms that international retailing was far more significant up to 1929 than previously thought. This activity was overwhelmingly undertaken by non-retailers, however, and hence by multinationals whose advantages in retailing were fundamentally unsustainable over the long run. Even the department store format, the principal retail innovation of the period, was not internationalised primarily by multinationals. Rather it was diffused via indigenous entrepreneurs, driven by a rapidly growing global demand for western style fashion and dress.

Trends in office rents in the City of London: 1867-1959

This paper details the construction and analysis of a dataset of office lettings, which is used to produce a rent index for the City of London spanning the late nineteenth and early twentieth centuries. It advances prior research through application of a modern version of the repeat measures technique and in coverage of years where office rents have not been previously measured. Results show that there has been no real growth in rents over the period as a whole. However, there have been distinct phases of rental growth and decline that correspond with the wider economic fortunes of the City.

Globalization and the evolution of international retailing: a comment on Alexander’s ‘British Overseas Retailing, 1900-1960'

Nicholas Alexander's (2011. British overseas retailing, 1900–60: International firm characteristics, market selections and entry modes. Business History, 53, 530–556) survey of British overseas retailers from 1900 to 1960 provides pathbreaking new evidence of international retailing activity during the first globalisation boom. The article surveys this and other recent evidence, and confirms that international retailing was far more significant up to 1929 than previously thought. This activity was overwhelmingly undertaken by non-retailers, however, and hence by multinationals whose advantages in retailing were fundamentally unsustainable over the long run. Even the department store format, the principal retail innovation of the period, was not internationalised primarily by multinationals. Rather it was diffused via indigenous entrepreneurs, driven by a rapidly growing global demand for western style fashion and dress.

Revisiting Swiss temperature trends 1959-2008

Temperature is a key variable for monitoring global climate change. Here we perform a trend analysis of Swiss temperatures from 1959 to 2008, using a new 2 × 2 km gridded data-set based on carefully homogenised ground observations from MeteoSwiss. The aim of this study is twofold: first, to discuss the spatial and altitudinal temperature trend characteristics in detail, and second, to quantify the contribution of changes in atmospheric circulation and local effects to these trends. The seasonal trends are all positive and mostly significant with an annual average warming rate of 0.35 °C/decade (∼1.6 times the northern hemispheric warming rate), ranging from 0.17 in autumn to 0.48 °C/decade in summer. Altitude-dependent trends are found in autumn and early winter where the trends are stronger at low altitudes (<800 m asl), and in spring where slightly stronger trends are found at altitudes close to the snow line. Part of the trends can be explained by changes in atmospheric circulation, but with substantial differences from season to season. In winter, circulation effects account for more than half the trends, while this contribution is much smaller in other seasons. After removing the effect of circulation, the trends still show seasonal variations with higher values in spring and summer. The circulation-corrected trends are closer to the values simulated by a set of ENSEMBLES regional climate models, with the models still tending towards a trend underestimation in spring and summer. Our results suggest that both circulation changes and more local effects are important to explain part of recent warming in spring, summer, and autumn. Snow-albedo feedback effects could be responsible for the stronger spring trends at altitudes close to the snow line, but the overall effect is small. In autumn, the observed decrease in fog frequency might be a key process in explaining the stronger temperature trends at low altitudes.