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The President Of Queen Bee Boutiques Essay
Management Shawn Buckwalter was voted as the president of Queen Bee boutiques. He has an
Associate's degree in Criminal Justice, and another in Business Management from Blackhawk
Technical College in Janesville, WI. Shawn spent fifteen years in the United States Army Reserves
(USAR) and ten years as entry level manager in the private security sector for John Deere in
Janesville, WI. During his time there, he was security project manager during the last months of the
construction phase. He wrote the standard operation procedure, participated in the business
continuity plan, and implemented the fire safety procedures and training drills. In addition, he
briefed John Deere Corporate Security Executives, his John Deere client, as well as numerous
contractors throughout the years. He oversaw daily operations which included coaching and
motivating, evaluations and disciplinary actions, and scheduling and payroll. Shawn also created the
security polices for Bags of Hope at his facility in 2010; above all, he actively participated in the
charity event that year and again in 2011. Christine Fenske is the Vice President of Marketing at
Queen Bee Bags. She has an Associate's degree in Business Management, along with a K–12
teaching credential for children with special needs. She has 15 years of customer service/marketing
experience in the retail and financial fields. In addition, Christine has ten years of experience
managing projects, creating individual educational plans, providing
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Case
Universidad de la Sabana
Escuela Ciencias Económicas y Administrativas
Mercadeo 2013 – 2
Case 4: From "Expect More" To "pay Less"
Agosto 23 – 2013 * Camila Andrea Pinzón Gómez 201213506
WHAT IS ALL THIS CASE ABOUT?
The principal idea of the case is examine Target, a discount retailer who was always known for their
'cheap chic', "Expect More, Pay Less" value proposition. The evaluation between
BACKGROUND:
Target Corporation originally the Dayton Dry Goods Company and later the Dayton Hudson
Corporation,
1902–61:
1902: Dayton Dry Goods Company was founded in 1902 by George Draper Dayton, a banker who
built his wealth by buying farm mortgages in southwest Minnesota and an active member of the
Westminster Presbyterian ... Show more content on Helpwriting.net ...
Target's president, Douglas J. Dayton, went back to the parent Dayton Corporation and was
succeeded by William A. Hodder, and senior vice president and founder John Geisse left the
company. Geisse was later hired by St. Louis–based May Department Stores, where he founded the
Venture Stores chain.[10] Target Stores ended the year with 11 units and $130 million in sales. It
also acquired the Los Angeles–based Pickwick Book Shops and merged it into B. Dalton
Bookseller.
In 1969, it acquired the Boston–based Lechmere electronics and appliances chain that operated in
New England and the Philadelphia–based jewelry chain J.E. Caldwell.[7] It expanded Target Stores
into Texas and Oklahoma with six new units and its first distribution center in Fridley, Minnesota.
[11] The Dayton Company also merged with the Detroit–based J.L. Hudson Company that year, to
become the Dayton–Hudson Corporation, the 14th largest retailer in the United States, consisting of
Target and five major department store chains: Dayton's, Diamond's of Phoenix, Arizona, Hudson's,
John A. Brown of Oklahoma City, Oklahoma, and Lipmans. The company offered Dayton–Hudson
stock on the New York Stock Exchange. The Dayton Foundation changed its name to the Dayton
Hudson Foundation, and Dayton–Hudson maintained its 5% donation of its taxable income to the
foundation.[7]
In 1970, Target Stores added seven new units, including two units in Wisconsin, and the 24–unit
chain reached $200 million in sales.[10]
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Radio Frequency Identification ( Rfid ) Technology Essay
Radio frequency identification (RFID) technology is used to electronically identify, track, and store
information on a tag. Its main components are a tag, reader, and a database. It is used by all levels of
government in various well–known areas, such as logistics support for the military and highway
tolls. The purpose of this paper is to analyze the use of this technology by the United States Federal
government and some of its major agencies, including the Department of Homeland Security, the
Department of Defense, the Department of State, and Social Security Administration. There are
more institutions within the Federal government that already use or are strongly considering
implementing RFID technology, but have not yet done so for a number of reasons, such as lack of
funding, privacy or security concerns. The main benefits and threats of this technology will be
discussed for the institutions listed.
Keywords: RFID, technology, United States, Federal Government All levels of the United States
government, from federal to local, use radio frequency identification (RFID) technology, and it is
applied in various ways. The benefits of this technology are convenience, speed, effective data
management, and security. The negative impacts are related to security, privacy concerns, and costs
of implementation. In this paper, the use of RFID technology by the Department of Defense, the
Department of Homeland Security, the Department of State, and Social Security Administration
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Swot Analysis Of Dillard's
There are many retail giants that have had an active presence on the market for sometime. A few
that come to mind are JCPenny, Macy's and Nordstorm's. However, one major retail chain that has
spread across the country was started right here in the state of Arkansas. Dillard's first department
store was opened in 1938 in Nashville, Arkansas by its founder William Dillard. Since its
inauguration, Dillard's has turned into one of the more prominent retailers in the United States. With
an ever growing market base and clientele, Dillard's has seen successful since the early 1950s. This
success, however, leaves people with a few questions about the Arkansas native retail giant. What
does Dillard's current market look like? How does Dillard's compare ... Show more content on
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Once again Dillard's finds itself shrinking in comparison on sheer market size. Compared to
Dillard's 300 stores in 29 states, JCPenny has over 1,000 locations across the United States and in
Puerto Rico. This provides much contest for Dillard's as JCPenny is a store often seen across the
mall from them. With so many stores across the nation Dillard's was able to keep it close in the
gross income department. JCPenny only reported a gross income of 4.0 billion dollars in 2015,
compared to Dillard's 2.15 billion dollars. This boasts well for Dillard's and the quality of their
merchandise. Retail conglomeration's have been extremely influential since the early 20th century
and Dillard's is no different. From their small beginnings in Nashville, Arkansas to their impressive
influence in 29 states across the union, Dillard's has become a mainstay of quality retail. Even when
they are outnumbered by the competition, Dillard's seems to be able to hold their own. This would
me Mr. William Dillard proud and does him great honor in continuing his
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Macy 's Inc. : Executive Summary
Lei Xia
M06297263
xiale@mail.uc.edu
(513)328–0115
Executive summary:
Macy's Inc. is one of the oldest enterprises in the United States, belonging to the department stores
industry. (Hoovers.com) It is a national brand, owning 850 department stores. During the
development of the company, there had several key decisions that were beneficial for the company.
However, in recent years, the competitions in department stores industry become more and more
serious.
Due to the economy downturn period, Macy's and many other retailers were suffering. Fortunately,
Macy's has chosen the beneficial marketing strategy to fit the objective of business. This paper will
analyze the company's situation from its financial aspect, industry aspect, the competitive part and
Macy's marketing strategies to conclude that Macy's could have stable profit in the next three to five
years.
Macy's company background
Macy's is one of the oldest enterprises in the United States, based retail chain of departmental stores.
(Hoovers.com) It was founded by Rowland H.Macy on 14th Street and 6th Avenue in New York
City in 1858 with the name of R.H. Macy & Co. The corporate headquarters are located in
Cincinnati, OH. Lately, the company was bought by Isidor Straus and Nathan Straus. Macy's grew
from its meager beginning into America's department store. In 1994, Macy's became the world's
largest department store company because of merging with Federated Department Stores.
Today, Macy's, the
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The Marketing Strategy Of Tjx
Executive Summary TJX Companies consist of several apparel and home fashion stores in the
United States, Canada and Europe. The organization continues to expand their brand in these three
countries to keep up and hopefully, one day, monopolize their competition in the department store
industry. TJX does well financially, such as profits and market share, compared to their competition
and has achieved outstanding performance for several years in all the countries in which they
operate. "Looking ahead, we see tremendous opportunities to bring value around dthe world. We
believe our customer demographic one of the wisest in retail, and we are convinced we will
continue to gain U.S. and international market share. To help retail our loyal customers and attract
new ones, we're planning even more aggressive marketing. We also plan to continue upgrading the
shopping experience in our stores and offering new and exciting initiatives" (TJX n.p). TJX is a well
rounded and diversified company focusing on apparel and clothing fashions. Their acquisitions have
only furthered their growth in the market and with consumers globally.
Introduction
TJX Companies Incorporated is a parent company to several discount apparel and home goods
department stores. TJX claims to be the world's leading off–price retailer of apparel and home
fashions in the United States and beyond. TJX is an American based corporation, built by the second
generation of the Feldberg's family and its headquarters is
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Causes Of Target's Growth
Over the years Target has established itself as the second largest discount store in America. Falling
behind Walmart, Target has experienced periods of strong growth but has recently encountered
problems that have caused concern with those within the organization as well as external analysts.
One of the biggest problems Target is facing currently is generating consistent customer traffic into
its stores as many of their major departments are continuously loosing money and causing
customers seek out other product alternatives. A major contributor to this problem is that it is
spreading itself thin by offering too much without establishing a competitive advantage and not
firmly establishing itself in denser city locations. Just recently Target ... Show more content on
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But if it is going to improve on its recent losses, Target needs to start moving into more developed
areas with stores that are suited to providing its customers with the products they want and need, but
not be overwhelming for customers. Some of the major problems target will face with this
alternative will be costs of development. Land that is closer to larger populations is going to cost
more as well as the increase in permits and the cost of contractors to create the right store for the
given environment. Another issue Target could face would be choosing which products they should
sell in these new stores, because of the limited developmental space available, the products chosen
will have to be limited as well. But by moving to more populated areas Target will be able to reach
more people and begin competing with the local stores that are taking away its business.
Additionally, closer locations will provide additional convenience for its
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Nordstrom Swot Analysis
the original store, offer personal shoppers for their customers, and also the creation of Christmas
windows with pure light. The most important "first" that Lord & Taylor have had is having a women
president, Dorothy Shaver. Viewing shopping as an individual experience for each customer, Lord &
Taylor strives to enhance that experience by bringing new designer names into their stores, as well
as increasing their customer service, and expanding the in home lines as well. This continuous effort
for their customers have made the company an internationally known name. With the high
competitiveness that comes along with the full–line market of fashion, there is a fast growing
market with the off–price market as well. Over the next five years according to Adams, Nordstrom
Rack stores will continue to outpace full–line Nordstrom stores in the United States, and continuing
to grow within the market and gain the market share. Nordstrom Rack and the Off–Price Market
With the high competitiveness that comes along with the full–line market of ... Show more content
on Helpwriting.net ...
One of those weaknesses being the high concentration in the state of California. Looking at the
coverage of the Full–line and Rack Nordstrom stores, there is heavy presence in the east and west
coasts. When comparing Nordstrom to its competitors, Nordstrom has little to no presence in the
Mid–West. With such a heavy concentration on a geographic location like California, the economic
condition of the location risks a high influence on the company's sales. Unlike Macy's, who has just
announced the closure of one–hundred stores nationwide, Nordstrom is continuing to increase their
store counts, with 20 stores opening in 2017 (five in California). To grow out of this weakness and
not have to produce closures in stores like Macy's, further concentration in other geographic markets
would reduce the economic risk of focusing on California
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Kohl's Corporation
Kohl's Department Store Analysis
Ursula Landry & Angela Burton
Cardinal Stritch University
Managerial Finance ADM 406
January 27, 2016
Introduction The New York Times states, "Kohl's Corporation is a specialty department store. As of
January 31, 2015, the company operated 1,162 department stores in 49 states and e– commerce
website (www. Kohl's.com). The company sells private label, and national brand apparel, foot wear,
accessories, and beauty and home products. Kohl's Corporation is one of the largest discount
department store chains in the United States. Targeting middle–income shoppers buying for their
families and homes, the chain maintains low retail prices through a low cost structure, limited
staffing, and progressive ... Show more content on Helpwriting.net ...
Competition heated up as department stores, particularly J.C. Penny Corporation, Inc. and specialty
apparel stores improved their performances. According to the article of Funding Universe, "Kohl's
was faced with fierce competition in California from stores such as, Mervyns' and Macy West. Some
analysts contended the big push into the Golden State had distracted management, and indeed the
company suffered from excess inventory, forcing it to discount heavily, which dented profits. Some
shoppers turned to rival retailers when they encountered less–well–kept stores and longer checkout
lines than usual." Which the numbers were disappointing, while revenues were still up 12.7 percent,
surpassing the ten billion mark for the first time, but net income fell for the first time in ten years
dropping a whopping 8.5% to $581 million, and in–store sales fell 1.6 percent. In view of the
financial statements attached to this paper, Kohl's acquired debt increased both in dollars and as a
percentage of sales. Gross margin as a percentage of sales was 36.4% in 2014, much lower in 2013.
The merchandise margin increased, but was offset by higher shipping losses attributable to growth
in the number of on–line orders. Selling, general and administration expenses both increased in
dollars and as a percentage of sales. There are numerous factors that impact the success of
department stores such as, political and
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Home Depot Marketing Strategy
Home Depot is a large retail home improvement Store. They sell an assortment of home
improvement products, building materials, lawn and garden products, and also provides various
services. The strategy I feel that works well The Home Depot stores focuses on serving three
primary customer groups: do–it–yourself (DIY) customers, do–it–for–me (DIFM) customers and
professional customers. Home depot has approximately 2,278 stores across the United States and
Puerto Rico.
The purchasing objective of home depot is that of supplier performance management. Home depot
use this objective to ensure that they meet the expectation of the market and contractor. This
objective will tighten performance gaps, see the actual performance of the overall company ... Show
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In category strategies Home depot look for suppliers who they can buy certain thing from at a
particular price, rather than buying the same items and same brand from different suppliers. They
use this strategy to maximize as much saving in the procurement. A typical example, is Home Depot
has 2,278 stores across the United States, and each store purchasing manager is responsible for
negotiating their own deals for supply. Let's say stove tops, each purchasing manager ensure that
they source the kind of stove tops they need. Another, strategy in purchasing is supplier relationship
management (SRM) strategy. According to (Monczka, 2016) Supplier relationship management
(SRM) is the end–to–end process of managing a supplier through the entire sourcing life cycle,
which includes first identifying the abilities of a particular company with regard to performing a
service for the internal customer, completing a sourcing event, negotiating a contract, executing an
order, and determining payment (2016). This strategy is critical for the organizations to minimize
risk, manage cost and maximizing partnership value, with a healthy supplier relationship lifecycle.
Business should align their business with their suppliers because a huge portion of cost goes to
suppliers rather than internal
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Swot Analysis : Penney Stock
J.C. Penney Stock J.C. Penney is a chain department store that provides plentiful materials and food
and provides its customers with services, such as styling salon, optical, portrait photography, and
custom decorating in the United States. As a well–known department store, J.C. Penney, it is a
leading department store retailer of apparel, accessories and home furnishings. But from the
beginning of March to the end of May, JCP stock has been generally falling in price. According to a
recent research from Green Street Advisors, they thought the American shopping malls were
declining at a scary rate. Now, it comes out clearer from the data of the stocks. From looking at J.C.
Penney stock, it is evident from that stock going down that J.C. ... Show more content on
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How can it be so popular and even can instead of traditional shopping? In the advanced Internet
Age, the internet is around all of us. Now people in the United States depend more and more on the
internet. With the development of Internet, more and more real concepts can be shown so that
people can experience their life easier. The shopping also includes a well–known example, Amazon.
Online retail has its own strong advantages as known all around as convenience. And the word
"convenience" would be better taken by "conveniences" because of its multiple sides. The
conveniences of online shopping may appear on time, product reviewing and reselling. If some
office ladies have no time on shopping but they need to buy some casual suits or office suits indeed,
they will try to browse the Amazon or other online clothes stores. That is the convenience shows on
the time. Product reviewing, we usually know because of our friends who used this product before,
can also be found in the "comment" on every online retail filled with others opinions. That hardly
appears on a store in realistic life. The last one, when one finished his birthday party and listed what
he got totally, reselling always becomes the way one chooses to solve the same thing friends gave
repetitively. Therefore, online shopping becomes more and more popular. Now, back to the data for
J.C. Penney stocks. J.C. Penney stock is the small value stock, which has a small market
capitalization and its
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Great American Knitting Mills
GREAT AMERICAN KNITTING MILLS
CASE ANALYSIS: GREAT AMERICAN KNITTING MILLS GOLD TOE SOCKS Summary of
the Situation At the time of this case, in mid 1981, the management of Great American Knitting
Mills was reviewing the situation related to the company 's distribution policy for its Gold Toe brand
men 's socks line. Essentially, the distribution policy for Gold Toe socks provided that the products
would be distributed through one leading department store (or department store chain) in each major
city of the United States. In exchange for the exclusive distribution arrangement, the department
store organization was expected to aggressively promote Gold Toe brand socks. At the time of this
case, Gold Toe socks were ... Show more content on Helpwriting.net ...
Senior executives at Great American Knitting Mills were concerned that a change in the company 's
Gold Toe distribution policy might affect adversely the company 's financial performance. Increased
sales resulting from a revised distribution policy might be accompanied by lower margins.
Additionally, contemporary management systems within the department store account organizations
emphasized bottom line results as opposed to customer service and product quality. As a
consequence, department store buyers tended to drop and add product lines in the hope of gaining
short term benefits. The relationships established by Great American Knitting Mills with the
company 's department store accounts on the basis of the exclusive Gold Toe distribution policy,
however, provided Great American Knitting Mills to 'go over the head" of buyers who demanded
more than Great American Knitting Mills was prepared to give, and to effectively stifle any attempt
to drop or change to any significant extent the Gold Toe distribution and marketing arrangements
with the accounts. Great American Knitting Mills had introduced a second line of men 's socks
under the Arrow brand to distribute through retail establishments that did not carry the Gold Toe
brand. The Arrow brand had not garners success similar to that of the Gold Toe brand; however,
common production of the
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Ross Dress For Less Marketing Strategy
Ross Stores, Inc. is an American off–price department store, which has two different stores: Ross
Dress for Less and dd's DISCOUNTS. Ross Dress for Less has around 1,340 stores in 36 states in
the United States, and dd's DISCOUNTS is much younger image than Ross and has 193 stores in 15
states. Its headquarter is located in Dublin, California, and it is the second largest off–price retailer
in the USA after TJX Company. Ross offers trendy name brand and designer apparel, accessories,
home furniture, footwear, and snacks for everyone from young children to old seniors. Ross Dress
for Less and dd's DISCOUNTS sell products at 20% to 70% off from the regular prices to target
people who have limited income but also want to have new products every season. They not only
focus on business but also focus on social responsibility. Since they want to know more and be
closer to their consumers, they are focusing on four different areas to touch their target customers. ...
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They strive to provide nice workplaces for their employees to grow and work in a better
environment. Supporting Our Communities is the second. They are doing Community Giving
Program such as giving the scholarship to build academic achievement for young people. Third and
Fourth responsibilities they are focusing are Operating Sustainably and Conducting Business
Ethically. They are putting efforts to maintain transparent business and to save electricity 30% and
reduce waste for the environment. Their buying & planning offices are located in New York, Los
Angeles, and Boston. Their buying and planning teams always try to get the current trendy products
and find what their customers love at the affordable
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Online Shopping Disadvantages
Many of people do their shopping online because it is convenient, cost–effective, and offers more
selection of products rather than going into a physical brick and mortar store. Seemingly, the only
downside is the shipping time, but the real cost is that it is gradually killing off local businesses such
as the mom and pop shops, department stores, and also shopping malls. These physical stores
provide tax base and jobs within their communities. Online retailers largely have minimal overhead,
and drive prices down lower than what most brick–and–mortar stores can bare. Online sales have
many economic benefits that brick and mortar stores don't have, which has created an environment
where online entities thrive while unintentionally causing their brick and mortar counterparts to fail
in many cases.
Online retail shopping has grown dramatically over the past years; more and more, people are
relying on their fingertips to do the shopping rather than using their legs. Barbara Mantel, a writer
for the CQ Research states that, "online shopping has grown fourfold since 2002 and now accounts
for about 10 percent of discretionary retail spending in the United States."(par. 1). If people continue
shop online, it will continue the pressure on and tension between brick and mortar and online stores,
resulting in more failures of brick–and–mortar stores. An example of this growth is that "the number
of consumers spent shopping with their smartphones jumped 385 percent between February 2010
and February 2013" says Mantel. (par. 14). This number is proving that online retailers are gaining
momentum, whereas the mom–and–pop shops are declining.
Many stores are already feeling the effects of online shopping. Big department stores like Sears,
Kmart, Macy's, and J.C. Penney have filed bankruptcy. According to The Independent, about 300
retail businesses went bust just between January and June of this year. Online shopping isn't the only
reason that they're closing down, but it does play a significant role in their closing. The reason why
these stores are closing down is that they just cannot compete with online shopping because they
don't have reasonable revenue for brick and mortar stores to compete with these monstrous
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Women's Clothing Industry Report
Women's Industry report:
This industry includes establishments primarily engaged in the retail sale of a general line of women
's ready–to–wear clothing. This category also includes establishments primarily engaged in the
specialized retail sale of women 's coats, suits, and dresses. Custom tailors primarily engaged in
making women 's clothing to individual order are classified in SIC 5699: Miscellaneous Apparel and
Accessory Stores.
Industry Snapshot
In 2005, $36.7 billion was spent at stores devoted exclusively to women 's apparel, a jump of more
than $2 billion from 2004 and more than $4 billion from 2003. While the discounters, namely Target
and Wal–Mart, were continuing to do well, the more upscale stores were seeing a new surge ...
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By the 1920s, it was considered more fashionable to buy clothing from a store than to make it at
home.
For many years, the department store and the downtown women 's shop were the mainstays of
women 's wear retailing. Department stores offering a vast selection of goods and specialty stores
catering to unique tastes dotted the urban landscape. For those with enough money, shopping
became a social event. Along with the growth of women 's clothing retailing came the increasing
importance of fashion.
The women 's apparel industry established a voice in government through the National Retail
Federation (NRF), the trade group representing the entire spectrum of the nation 's retail industry. In
the early and mid–1990s, the NRF lobbied the U.S. Congress on issues such as minimum wages and
the proposed health care plan. The NRF was opposed to an increase in the minimum wage on the
grounds that many retailers would have to close down operations or fire staff to meet expenses with
a higher wage base.
In 1994, Women 's Wear Daily reported that the NRF opposed the Clinton administration 's
proposed universal health coverage on the grounds that more than 700,000 jobs would have to be
eliminated in all retailing. At that time only 35 percent of retail workers received health care
benefits. The NRF supported a plan that emphasized offering health
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Jcpenney Industry Analysis
Feinstein Graduate School AN ANALYSIS OF JC PENNY'S AND HOW IT RELATES TO
COMPETITION WITHIN THE RETAILING INDUSTRY A Paper Submitted in Partial Fulfillment
of the Requirements for the MBA Degree Course: MGMT 6800 MAY 9th, 2012 TABLE OF
CONTENTS EXECUTIVE SUMMARY 2 COMPANY PROFILES 4 1. JC Penney 4 Strategy
initiative 4 Mission....................................................................... 5
2.KOHL'S......................................... ...................................5 Strategy initiative 5 Mission 6 3.
Macy's 6 Strategy initiative 6 Mission 7 4. Sears 7 Strategy initiative 7 Mission 8
INTRODUCTION 8 EXTERNAL ENVIRONMENT ... Show more content on Helpwriting.net ...
Knowing that consumers will shop for the best deals, differentiation will be introducing new pricing
methods that attract the everyday shopper and not only the seasonal shopper. * JCP intends to meet
the needs of different customer preferences since sales depends on preference and fashion trends by
offering a variation of inventory and continuously updating the products lines, while simultaneously
utilizing enterprise partnership to increase inventory levels to meet these needs. * Acquire and
utilize a new enterprise software for integration using the Just In Time (JIT) vendor, to offset delays
in regular inventory sourcing during migration events, while utilizing active intelligent agents to
recognize significant inventory changes and place advance stock depletion or seasonal changes
inventory. * Implement the use of information and purchase kiosk throughout all departments of the
sales floor, to facilitate ease of purchase and eliminate lines through upgrading technology and
utilizing a multiple channel environment for seamless integration of in store and online shopper
customer service experience. * Maintain the same gross margin over the next 12 months to improve
net continue operating profit/loss. Reducing overall selling and administrative expenses by
approximately 10%, cutting back on restructuring and management transition cost and reducing
operating expenses by 8% to introduce an overall 95% reduction in
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Bed Bath And Beyond Company Essay
Bed bath & Beyond company was founded in 1970 which started by developing superstore concept
by partnership of Feinstein and Warren Eisenberg. Both men possessed over decade of retail
experience in 1971 they started as Bed n Bath. A small chain of specialty linen and bath shops in
suburban of New York. The employees in management at Arlan's positions the discount chain felon
hard during early 1970s the founders sensed an essential change in retailing trends and witnessed
the department store performing business well and the specialty stores were going to be the next
wave of retailing. One of the founders "Feinstein told chain store Executive in 1993 based on the
business they are doing.
It was the beginning times of Bed n Bath as the designer approach to linens and house wares saw a
great doors open for the business opportunity and also the stores were located at high traffic strip
malls where great brands canon, Wamsutta and the line of low priced linens and towels which was
good opportunity for both customers and the founders. The two stores were located in 2000 square
feet of small shops.
In 1985 the founders decided to expand their business from two stores to 17 stores across united
states in different states like Newyork, California, New jersey, and Connecticut but during 1985 they
had big completion as many other stores are opened with the
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Department Store Industry
Department Stores: Big Lots and The Retail Industry Michael Martinez Business Department
Stores: Big Lots and The Retail Industry I. Problem Identification This paper seeks some of the
major developments in the strategies of Big Lots Inc. in order to improve their market share. The
main problem that this paper would like to investigate is the kinds of marketing strategies that the
company employs in order to achieve greater market share. This paper would also assess the kind of
competition and market structure that exists in the retail industry and how this is addressed through
the strategies of the company. In addition to this, this would also try to probe on some of the
financial strategies that the company used in order to ... Show more content on Helpwriting.net ...
The capacity to maintain stability in the industry is now found through servicing a specific niche
market. The industry is now composed of those catering to the high–income and luxury products
such as Neiman Marcus and on the other hand is Wal–Mart, Big Lots, and Target catering mostly to
discounters (Tsiantar, 2006). The industry is therefore highly competitive right now. With fewer
people making their way to department stores, the industry is filled with players all struggling to
maintain market share through innovative strategies. The retail industry however is unusually hard
to penetrate. Despite the high level of competition among the players in the industry, new players
are finding it hard to stay in the industry because of the size of the players. One of the strategies of
retailers right now is expansion in almost all cities across all states. This would enable them to
capture as much market as they can. The industry players ' size is one of the important barriers to
entry that should be considered. With the size of the main competitors and the increase in the
number of their stores, new players are finding it hard to enter the industry. The industry is also
suffering from the problems of substitutability of products that they are offering. Each department
store is offering different lines of products that are in direct competition with other products. This is
therefore creating an industry that is
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J. Penney Corporation Inc.
Company Overview:
J. C. Penney Corporation, Inc, also known as JCPenney, is a chain of American department stores
specializing in selling affordable clothing, shoes, accessories, and home decor for the entire family.
For more than a century, JCPenney has been a regular shopping destination and a dependable
retailer for the American family. In 1902, the department store was founded by James Cash Penney
and was established on the principle of the Golden Rule. Over the years, the company has developed
a strong reputation for putting its customers first and servicing everyday needs. From its
incorporation in 1924 until 2010, JCPenney experienced large levels of growth and success.
JCPenney's Corporate address is 6501 Legacy Dr, Plano, TX ... Show more content on
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The first is a hard retailers that sells appliances, electronics, furniture, sporting goods, etc. The
second is soft retailers that sells clothing and apparel. The major players in this industry include
stores like Macy's, Dillard 's, and,on the higher end, Nordstrom's. JCPenney's main competitors are
Macy's and Kohl 's. Dillard 's and Nordstrom's are smaller and more higher retail value stores. The
top company, using sales as the indicating measure, is Macy's with sales in 2015 of 28,105,000,000,
which is followed by Kohl's with sales of 19,023,000,000. In the United States, their are about 1
million outlets (stores), and numerous amounts of online retailers that sell items to the public. The
demand in this industry is primarily driven by spending and interest rates. Due to this fact economic
health affects consumer confidence and spending. But overall there has been a consistent trend of
sales in the sector as a whole. Overall in the United States, the industry has a combined revenue of
about five trillion dollars. Revenue (in current trading dollars) for retail trade in the US is to
forecasted to grow an annual compounded rate of five percent between 2015 and 2019. In addition,
total United States retail sales increased 2.1 percent in the first ten months of 2015 compared to the
same period in 2014. While as a whole the industry seems profitable, there are many challenges that
are prominent in this industry. Firstly, many store have uneven cash
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Macy 's Marketing Strategy And Innovation On The National...
Macy's is a company that is embedded in our national pass times and has become more than just a
retailing store. Its long history of retailing is over 150 years old. It was founded in 1843 by Rowland
Hussey Macy in Harverhill, Massachusetts and was not originally a retailing store. Originally,
Rowland targeted the mill industry and it employees and opened four dry good stores. Unfortunately
early success did not come for Macy as the company's first stores actually all failed. Luckily, Mr.
Macy was a resilient man who learned from his early mistakes and realized that his target market for
this type of store was not mill employees but a higher end clientele. He opened his new store "R.H.
MACY" on Sixth Ave between 13th and 14th Street with the trademark star flying high. Mr. Macy
had used his tattoo that he had on his arm when he worked in Nantucket on a whaling ship, the
Emily Morgan. This was a success for Mr. Macy and as his company grew so did his tactics and
innovation on bringing in new customers. He was the first to implement theme exhibits in his stories
as well as illuminating window displays which was new tactics in the late 1900's. He was also the
first store to use publicity devices to bring in new customers and since they did not have modern
communication he used "Santa Claus" as a public figure to draw in customers. Unfortunately Mr.
Macy would not see the 20th century and passed away. After his death, the company had another
explosive growth cycle as
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Macy's Research Paper
Macy's was founded by Rowland Hussey Macy. After the failing of his four retail dry goods stores,
he established the first R.H. Macy & Co. in New York City in 1858. The sales of R.H. Macy & Co.
in the first business day was $11.08. But the sales gross at the end of the first year was $85,000.
After the death of Macy and his family, Isidor Straus and his brother Nathan Straus from 1895. By
1918, R.H. Macy & Co. had annual sales of $36 million. In 1922, Macy's went public. From 1922 to
1936, Macy's began to open stores in other areas and take over competing retailers. In 1945, Macy's
started expending to the west. In 1946, the first store of Macy's California was established. After the
Macy's spreading all over the United States, Federated Department
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Steve Madden, Ltd.
Steve Madden, Ltd., incorporated on November 10, 1998, and its subsidiaries design, source, market
and sell name brand and private label footwear for women, men and children. The Company
operates through five segments: Wholesale Footwear, Wholesale Accessories, Retail, First Cost and
Licensing. The Company designs, sources, markets and sells name brand and private label handbags
and accessories, and licenses some of its trademarks for use in connection with the manufacture,
marketing and sale of various products of its licensees. Its products are sold through its retail stores
and e–commerce Websites, as well as department stores, specialty stores, luxury retailers, value
priced retailers, national chains, merchants and catalog retailers throughout the United States,
Canada, Mexico and South Africa. In addition, the Company sells its products in Asia, Australia,
Europe, India, the Middle East, South and Central America and New Zealand. It provides
merchandising support to its department store customers, including in–store fixtures and signage,
supervision of displays and merchandising of its various product lines. The Company 's subsidiaries
include Steve Madden Retail, Inc. and BA Brand Holdings LLC.
The Company 's Wholesale Footwear segment consists of designing, sourcing and marketing its
Steve Madden brand to department stores, specialty stores, luxury retailers, value priced retailers,
national chains, mass merchants, online retailers and catalog retailers
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Macy's, Inc.
Macy's Macy 's, Inc., incorporated on December 13, 1985 in New York City. It is in the retail
industry. The company's shares are traded under the symbol "M" on the New York Stock Exchange.
Macy's was the first retailer to promote a woman. Macy's established such a revolutionary business
practices on the one–price system, in which the same item was sold to every customer at one price,
and quoting specific prices for goods in newspaper advertising (Macy). Macy 's has about 840 stores
in 45 states, the District of Columbia, Guam, and Puerto Rico. The stores sell men 's, women 's, and
children 's apparel and accessories, cosmetics, and home furnishings, among other things. Such as
the tea bag, the Idaho baked potato and colored bath towels. Macy's also was the first retailer to hold
a New York City liquor license. According to business dictionary an industry is any general business
activity that can be isolated from others, such as the retail industry or the entertainment industry.
The general environment of a retail industry is macro environment," or the sphere of the external
view of the company. Those macro environment includes economic, technological, societal and
governmental influences. All retailer must recognize the role of each to contend within the retail
industry. Internal Analysis for Macy's Departmental Stores Inc. The internal force for Macy's is
marking prices, financials and competition. Macy's marking and advertising spending in 2012 was
1.55 billion, 2013
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Essay about Child Abduction in the United States
Child Abduction in the United States
It is every parent's worst nightmare. It could occur in your front yard, in front
of the school, in your house, in a store, or anywhere. Just imagine you're in your
favorite department store not but a mile away from your home and you lose sight of your
child. You look down the aisles, have your child paged, and check out at your car all to
no avail. This is exactly what happened with Reve Walsh, mother of young Adam
Walsh. This is her account of what happened from the book, Tears of Rage, written by
John Walsh and posted on the National Center for Missing and Exploited Children
website.
Adam and his mother went to the store to shop for lamps. The store was ... Show more content on
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Revé was positive that Adam
would not go out the west door. The toy department clerk said she had not seen Adam.
Revé started asking anyone she could find, but they all said the same things.
Oh, well, he probably just wandered off.
I'll bet he went looking for you.
Well you know how kids are, maybe he went off with the rest of the kids.
Revé kept insisting that her son did not wander off, and that something was
wrong. All around, clerks kept waiting on people as if nothing had happened. She asked a
clerk to page her son. "Adam Walsh, please meet your mother in the toy department."
Nothing. After going to her car twice to see if Adam had gone there and looking for him
on her own for two hours, someone finally called the police department.
The police later interviewed a security guard from the store who said that on the
day of Adam's disappearance, there had been four boys playing with the video game in
the toy department. They started causing a ruckus. She separated them and sent two boys
out the north entrance and two out the west entrance. If Adam had been put out the west
entrance, he would have been disoriented because he only knew the north entrance.
By the end of the first week, 150,000 fliers had been printed and 50,000 of them
distributed locally. Adam's photograph was on the poster. The photograph chosen had
just been taken the week before and
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Essay Macy's Five Forces and Swot
External Analysis for Macy's Departmental Stores Inc.
Introduction
Macy's Department Stores Incorporated or Macy's is an American based retail chain of departmental
stores. It is currently operating under two brand names the Macy's and Bloomingdale in over forty
five states of America. The company specializes in the range of products including jewelry,
furniture, house hold items, footwear, clothing and other related items.It also offers online shipping
services to the clients in large numbers of countries. The company currently operates in four
business segments including Macy's, macy.com, Bloomingdale's and Bloomingdales.com (one
source, 2011).
The company's stocks are listed in the New York Stock Exchange under the symbol M ... Show
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Among the list for top 500 Fortune Companies, Macy's Inc. is listed at number one hundred and
three (one source, 2011).
Weaknesses
Macy's Inc. has a very strong network all over in the United States under its two main brand names
but the company has very weak geographic presence. All of its business functions are in the United
States. Any changes in the economic, political, legal, and social framework of the country will have
direct impact on the business operations of Macy's Inc. and its profitability will suffer many folds.
Another level of weakness that exists currently at Macy's end is the number of legal issues and
proceedings associated with the company. These legal issues can impose serious trouble on the
company's goodwill and profitability (USSEC, 2010).
Opportunities
As specified in the weaknesses, Macy's Department Stores Inc. has very little geographic presence
in the countries where the growth ratio is much higher. Among the possible list of opportunities
available to the company, the company can expand its business operations and portfolio in the
emerging markets of Asia like China, India etc. these markets represents the great potential of
success and profitability to the large numbers of companies. Business expansion can also be done by
having strategic alliance in the form of mergers with
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Coach Case Study : Coach Inc.
Introduction Signified by two interweaving C's, Coach Inc., has established itself as a fashion brand
structured around modern designs and quality leather. Founded in a New York City loft in 1941,
Coach has consistently delivered its customers luxury leather goods backed by great customer
service, which has helped lead to its success 73 years later. Coach has attributed much of their
success to modern designs and integrated marketing strategies, which keep their customers
involved. Primarily focused on women's handbags, Coach has started expanding its market to men's
apparel and shoes in recent years. A well–established reputation and business, Coach still have many
areas to improve upon, and these opportunities will be explored in this paper. Target Market
According to www.CoachWordPress.com, Coach Inc. targets people between the ages of 20 to 40
inclusive. Currently, 85% of the consumer market is female and 15% are males. Out of all the
females buying Coach Products, according from the US census Bureau, about 21% of them are
ranges from ages 20–34, sixteen percent of them are from the ages of 35–44, and about eighteen
percent of them are ages 45–60. From the description of the www.vault.com and
www.wikinvest.com, Coach has chosen a target market made up of people that have high and
disposable incomes in urban cities and is seeking to get people that have middle incomes. Coach
currently operates in two reportable segments, which are North America and International. The
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Labor Union History
A labor union can be defined as "an organization of workers dedicated to protecting their interests in
the workplace and improving wages, hours, and working conditions" (Carrell & Heavrin, 2013, p.
41). It has also been mentioned how the United States has various labor unions and that these unions
fall into a smaller number of broad groups. Also, union membership in the United States has fallen
from 20.3 percent in 1983 to 11.8 percent in 2011, according to the Labor Department (Mason,
2017). Currently, one of the top labor unions is the National Education of the United States. With
this Union, it has roughly around 3.2 million members and it is the nation's largest union as it
represents public school teachers, administrators, substitutes teachers, higher ... Show more content
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It was founded in 1857 and it merged with the American Teachers Association. Another top labor
union is The Service Employees International Union (SEIU). In 1921, janitors formed this union in
Chicago and it currently has around 2.1 million members. In the United States, the SEIU is the
largest healthcare, property services, and public services union (Mason, 2017). Furthermore, it
represents janitors, security officers, superintendents, maintenance workers, local and state
government workers, local and public school employees, bus drivers, and child care workers
(Mason, 2017). The United Steelworkers (USW) is another example of a labor union. This union
has approximately 1.2 million members and the headquarters is in Pittsburgh. Steel and other metal
workers,
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Macy 's Progressive Strategy : Macy And Company Essay
Founded in 1858 as a single dry good store, Macy's has grown into one of the largest retailers in the
United States. However, from its humble beginnings, Macy's founders were innovators, always
looking for the next creative idea that would keep their company growing. Thus from the start,
Macy's was a leader, a pioneer, and a trailblazer in the retail business, and has paved the way for
which many other retailers have followed. Macy's is famous for many industry 'firsts' and to this day
still continually strives to set itself apart. It is because of Macy's progressive approach to business
that the company will continue to thrive and be a pioneer in the ever–changing retail industry.
Macy's originally called R.H. Macy & Company, was founded by Rowland Hussey Macy in New
York City on October 28, 1858. It started as a small fancy dry goods store. Merchandise included
flour, beans, textiles, clothing, jewelry, home décor items, etc. However, R.H. Macy & Co. was not
Mr. Macy's first company. Between 1843 and 1855, he had owned four businesses in Massachusetts,
and all of them failed. However, as a creative 36 year old, he was undeterred by his failures and
learned from each experience. Leaving his home state he moved to New York and opened his latest
store in an area where there were no other dry goods stores nearby. Macy adopted a red star as his
company's logo (still there today) from a tattoo he had received as a teenager while working on a
whaling ship in his youth.
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Kmart Tragedy Essay
Kmart is a well–known retail company in America and a subsidiary of Sears. Sebastian S. Kresge
was the founder of the S.S. Kresge Corporation that became Kmart in 1962. The S.S. Kresge
Corporation expended sharply establishing an average of 85 discount stores per year over the next
two decades through out the U.S and Canada with a listing on the New York Stock Exchange on
May 23rd, 1918. With its success, the growth was visibly increasing with 257 stores in 1924
growing to 597 stores operating in 1929. However, the Great Depression caused its profitability
goes down and resulted in store closings. Many customers stared moving out of the cities into
suburban; the company had to follow them and close many urban stores, which caused the decline ...
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Kresge Corporation opened the first Kmart store in Garden City, Michigan under the leadership of
executive Harry Cunningham. Kmart became major American retail chains as the second largest
United States discount department stores, which pertains in history of marketing general
merchandise mainly through variety stores and discount. The company's expansion kept growing
through the 20th century, and it operated about 2,200 Kmart, Super Kmart stores, and Big Kmart by
2000 in the U.S, Guam, Puerto Rico, and the U.S. Virgin Islands.
In 2002, however, Kmart faced bankruptcy after competition with the world's largest retailer. In the
last few years, they have had several problems, which have caused them to close hundreds of stores
around the country. They faced major competition from online companies such as Amazon, as well
as from traditional brick and mortar stores like Target and especially Wal–Mart.
After considering their service issues, I perceived that Kmart stores lack knowledgeable associates
who can assistance in different departments or different tasks even though adequately staffed. For
instance, electronics associates should know about the shoes department or how to operate a
register. This disorganization leads to unnecessary customer waiting times. Also, they carry too
many products, which some are unprofitable at all. Kmart failed to understand the customers on
predicting their demands on Kmart's
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Jc Penney Company Overview Essay
JC Penney Company Overview JC Penney Co. Incorporated was founded in 1902 in Kemmerer,
Wyoming by James Cash Penney and William Henry McManus. Today JC Penney offers a range of
family apparel, jewelry, shoes, accessories, and home furnishing products through a chain of
department stores and their company website. JC Penney, headquartered in Plano, TX, operates in
the United States and Puerto Rico, with a total of 1,108 stores. JC Penney also offers its products
through a catalog channel. Each channel serves the same type of customers and provides generally
the same merchandise mix. JC Penney's business is conducted through a single segment, but
revenues are reported by product category. In addition to their product categories, the ... Show more
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JC Penney will thrive on marketing to middle income customers. JC Penney operates over 1,000
stores in both mall and off–mall formats. As of 2005, 98 percent of JC Penney stores were in
enclosed malls, but more of today's shoppers prefer stand alone stores. Most new stores being built
are not in malls. According to JC Penney, sales per square foot in off–mall stores are about $100
higher than mall based stores. J.C. Penney is one of the leading retailers in the United States gives,
and therefore, has a well known name and band of loyal customers. A recent report on J.C. Penney
Corporation, Inc. states strengths that JC Penney Co. has compared to competing corporations. J.C.
Penney's focuses on customer service to keep them coming back. They developed a training
focusing on putting the customer first. The training is enhancing the Associate Engagement scores
which continue to translate into enhanced customer service. They provide a JCP Rewards loyalty
program, which has over 4 million customers. They believe that outstanding customer service will
drive customers to spend more and shop more often than an average customer. They also have
private and exclusive brands such as Sephora and American Living. In 2008 private and exclusive
brands together accounted for approximately 50 percent of their annual sales – the highest
penetration in private and exclusive
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Jcpenney Company Analysis Essay examples
|JC Penney Case Analysis | | | |Strategic Management Graduate School of Management | |Southern
Nazarene University | | | |4/27/2009 | | | |Sharis Atkins ... Show more content on Helpwriting.net ...
As of January 30, 2009, the Company had cash and short–term investments of $1.9 billion and
long–term debt of $3.7 billion, including current maturities of approximately $200 million. Capital
expenditures for the first quarter were $269 million, in line with expectations, with the majority of
spending related to the construction of new stores and the renovation of existing stores.
Merchandise inventories ended the quarter at $3.7 billion, reflecting increases associated with 54
new stores opened since last year's first quarter. Physical & Organizational The organizations chain
of about 1,090 JC Penney department stores in the US and Puerto Rico has found itself squeezed
between upscale competitors and major discounters. With approximately 155,000 associates
nationwide, JC Penney created a winning together culture with a customer–focused team of engaged
professionals who reflect the diverse communities we serve. We offer style and quality at smart
prices, providing a selection of good/better/best merchandise that reflects the lifestyles of our
customers. Spanning family apparel, home furnishings, fine jewelry, footwear, accessories and
beauty, customers can choose from an array of merchandise available across our three integrated
shopping channels: stores, jcp.com and catalog. JC Penney created the JC Penney Afterschool Fund,
a charitable organization committed to
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Dillard 's Inc. Case Study
Introduction
Dillard department stores is one of the smallest retail chains in the nations, however, it is still a
widely known department store. Dillard's Inc. is a family owned and operated company which gives
it some competitive edge over the larger, investor owned retail chains. The company operates about
three hundred brick and mortar retail stores and about twenty–five discount stores in the United
States. These stores are scattered throughout 29 states; mainly in the southeast, southwest, and
Midwest. In addition to their physical store locations, Dillard's Inc. ships to countries around the
world through its website, Dillard's Inc..com. Dillard's Inc. also owns CDI Contractors, which is a
construction firm that builds and remodels the company's department stores. In addition to these
business endeavors, the company owns several small online retailers such as countryoutfitter.com
and scrubschopper.com (vault.com, 2016). The company's stocks are listed on the New York Stock
Exchange under the symbol DDS (Dillard's Inc..com, 2016). The company has a current market
capital of 2.88 billion (NYSE:DDS, 2016).
SWOT Analysis
SWOT Matrix
Strengths
Strong brand recognition
ecommerce Weaknesses
Market positioning
Geographic concentration
Opportunities
Global market
Business restructuring
Expanded discount outlet chains Threats
Competition
Economic conditions
Strengths Dillard's Inc. is one of many retail outlets operating in the United States that deal in
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What Is The Role Of The Radio In The 1920's
In 1894, Guglielmo Marconi built the first commercially successful radio, capable of military and
marine communication based off of airborne Hertzian waves. This invention pushed communication
for the world to new levels, and in the sprawling United States, the radio brought new ways to make
money in a growing consumer market for the United States, as well as to bring the nation together
more with the radio's near instant ability for one person to reach millions directly. Although the
radio was invented in 1894, it would take a few decades for the invention to become widespread.
One of the first major groups to see the potential of the radio was the US Department of
Agricultural. Starting in 1900, the department financed early research ... Show more content on
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After the Great War, radio broadcasts began to start back up after stopping for the duration of the
war. Around this time, newspaper companies began to adopt the radio as many feared the radio
would replace the newspaper. 8XK became KDKA in 1920, and on November 2, 1920, their first
broadcast went across the nation. KDKA broadcasted the first Christian service to the entire nation
on January 2, 1921. This was the first time a radio station would broadcast across the entire nation
not to sell something, but to spread a message, something later used by presidents and to deliver
world changing
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War On Poverty Analysis
The United States is known as the wealthiest country on the planet, yet they are many poor people
in this country that cannot afford to buy healthy food. While nutrition is a vital element of a healthy
lifestyle, nutritious food is not equally available to all. This inequality is of great significance
because increase in rates of obesity and related chronic diseases may be linked with poor diets, such
as diabetes and heart disease are a major public concern. Moreover, there is evidence in literature
that healthy diet greatly reduces the chances of some diseases and medical conditions that can
shorten or lower quality of life. A primary concern is that some poor or rural areas do not have
access to supermarkets, grocery stores, or other food ... Show more content on Helpwriting.net ...
Department of Agriculture in 2005 showed that 5.1 percent of all U.S did not have the food they
wanted or needed because of access related problems. Access to healthy foods includes not just
proximity to retail locations that offers these types of foods but also the variety, cost, and the quality
of foods (U.S Department of Agriculture). Accessing healthy food is a challenge for many
Americans particularly those living in a low income neighborhood. In hundreds of neighborhoods
across the country, nutritious, affordable, and high quality food is out of reach. Research shows that
people in low income communities walk outside their door to find no grocery store, farmers'
markets or other source of fresh foods. Instead they are bombarded by fast foods and convenience
stores selling high fat, high sugar, and process foods. (Helmers and Dave 45– 67). The U.S
Department of Agriculture 2009 "food dessert" study examines access to supermarkets and
determined that 23.5 million people cannot access a supermarket within a mild of their home (U.S
Department of Agriculture).A key concern for people who live in areas with limited access is that
they rely in small grocery or convenience stores that may not carry all the foods needed for a
healthy
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Business Case Study : Nordstrom, Inc.
Introduction Nordstrom, Inc is one of the largest upscale apparel and shoe retailer's in the United
States. John W. Nordstrom started the company in 1901 as Wallin & Nordstrom, which was a small
shoe store located in downtown Seattle, WA. By 1960, the shoe company was the largest
independent shoe chain in the nation. Nordstrom then ventured into women's apparel and in 1971
the company rebranded itself to Nordstrom, Inc. and became a publicly traded company.
(nordstrom.com) Today, an executive team and the fourth generation of the Nordstrom family lead
the company along with a team of fashion leaders and innovators. Nordstrom operates a total of 309
stores in over 35 states as well as Canada. They also run 118 full–line stores, 183 Nordstrom Racks,
off price outlet stores, two Jeffrey boutiques and one clearance store. Nordstrom also has
nordstrom.com, nordstromrack.com and a private sale site HauteLook. (Hoovers)
Current Market Situation Nordstrom, Inc. is considered an upscale department store with a broad
range of merchandise. At Nordstrom this includes jewelry, cosmetics, shoes, both men and women's
apparel, home goods, bathing suits, intimate apparel and more. Department stores are the epitome of
shopping in the United States. Nordstrom has various stores throughout the United States and
Canada, and unlike its competitors it is mainly focused in the United States. Stores range from large
cities such as Dallas, TX, New York City and Chicago, to suburban areas
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The Negative Impacts Of Food Inseecurity
Introduction
Millions of people every day do not know when they are going to eat their next meal. This brings
upon great stress to households as finding their next meal becomes the priority. The United States
defines this shortage of food in households as food insecurity. The U.S. Department of Agriculture
(USDA) has defined food insecurity as a lack of consistent access to enough food for an active,
healthy life (Coleman–Jensen, Rabbitt, Gregory, & Singh, 2017). Households that are food insecure
will often skip meals, eat low nutritious–dense food, and face high stress levels of making food last
until they are able to buy more food for their home. Food insecurity is a serious issue that is
consistently overlooked and it needs more attention because it has a negative impact on the families.
Literature Review Food insecurity affects every community in the United States. About 12.3% of
U.S. households were considered food–insecure in 2016 (United States Department of Agriculture
2017). This number has not changed much from the 12.7% it was in 2015. Food insecurity can
affect anyone, but certain groups are more vulnerable to this issue. For instance, low income
households, the elderly, children, and immigrants are at highest risk to be food insecure. In
particular, it is households with children that are most affected by food insecurity. The rate for these
households was higher than the national average at 16.5% for the year 2016 (United States
Department of Agriculture
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How Nordstrom's Company Establish A Competitive Advantage...
History
Nordstrom was co founded in 1901 by John W. Nordstrom and his partner Carl Wallin. At age 16,
John W of Sweden left his home and moved to Alaska where he struck gold. During his time in
Alaska, John met Carl Wallin, who owned a shoe repair shop in downtown Seattle. A partnership
was formed between the two and they opened the shoe store Wallin & Nordstrom. The company's
philosophy was based on exceptional customer service, selection, quality and value. This focus
helped the company establish a competitive advantage in the shoe market. The company was very
successful and they opened a second store in 1923. In 1928, John retired and sold his share of the
company to his sons Everett and Elmer. Carl Wallin retired a year later and sold ... Show more
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The company's profits were growing and there was increases in market share. Nordstrom marketing
plan was effective but there was still room to grow. The company needed to change its marketing
strategy and further its market penetration to remain successful. Beginning to take action in 1973,
the company opened the first Nordstrom Rack. This store was a clearance store for full–line store
merchandise. The higher prices in the regular store targeted the upper segment of society, while the
Rack allowed Nordstrom to orient itself to a completely new customer base. By 1975, the company
had expanded into Alaska then California markets three years later. The company opened its first
store on the East Coast in 1988 in Virginia.
The new millennium offered the company several new partnerships. The company owned
Faconnable, an upscale European apparel collection for men and women from 2000 to 2007. In
2011, the company acquired Hautelook, which helped the company enter the online private sale
market. Nordstrom was the first major U.S. retailer to sell the British fashion brands Topshop and
Topman, Which they acquired in 2012. Today, the company operates 304 stores in 38 states, 116
being full–line stores in the United States and two in Canada, 178 Nordstrom Racks, two Jeffrey
boutiques and one clearance store. Customer can reach Nordstrom via online through
Nordstrom.com, nordstromrack.com, and
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Fewer Choices, Greater Profits: Retail Corporations And
Fewer Choices, Greater Profits: Retail Corporations and the Driving Out of Small Business
Prior to the 20th century, the American economy was fueled by manufacturing; production was vital
in the advancement of the nation. Retailers were generally small–scale, specialized niches, located
within the largest cities throughout the United States. A change in how one would typically consume
occurred during the 1870's with the rise of A.T. Stewart's Marble Palace, one of the nation's largest
stores in New York at the time. Featuring four stories of Tuckahoe marble, the Marble Palace would
be an innovation that would change consumption in the United States forever. Stewart paved the
way for competing retailers in that he understood the idea of ... Show more content on
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Sachs issued bonds in the sum of $2 million, allowing Siegel to receive enough financing to
purchase real estate in the Manhattan area. The store would open at six stories high, feature a giant
greenhouse, roof–garden restaurant, and a two–hundred–foot tower. Many firms would soon follow
this business model as retailers such as Marshall Field's, Carson, Pirie, and Macy's received
financing from investment banks to expand their department stores within their respected local
markets. These department stores would now house a variety of goods, such as a yard goods, ready–
made clothing, pianos, monkeys, lions, among other products. By 1910, Macy's was conducting the
largest domestic rug business in the country at Thirty–Fourth Street and Seventh Avenue in
Manhattan, and Wanamaker's in Philadelphia had the "finest bookstore in the United States," soon to
be surpassed by Marshall Fields of Chicago, which would exceed in volume and sales any other
such business "in the world." With the help of investment banks, Sear Roebuck and Company would
receive millions of dollars in financing from the distribution of equity, allowing them to have
enough capital necessary to expand. This period of rapid expansion caused by the financing of
investment banks led to the emergence of modern merchandizing, which began to overshadow the
traditional, small retailer who could not compete with the affordable prices of the retail
... Get more on HelpWriting.net ...
The Five Types of Organizational Structure
Manager's of an organization has to use structure to help the company run efficiently. "The five
types of organizational structures are functional, divisional, matrix, team–based, and virtual
network" (Draft, 2013, p.316). Functional structure in an organization that is developed by grouping
departments by the skills, level of knowledge, activities done daily, and the resource used. "This
structure places specific departments from the bottom to the top" (Draft, 2013, p.318). For example,
specific departments such as: human resources, accounting, engineering, and manufacturing are
placed at the top, while there are mostly seen at the bottom in other organizations. While common
functions such as; people, facilities, and other resources are combined together as a single
department instead of being divided into multiple departments. "Divisional structure is known by
the approach of having similar skills and resources grouped together into divisions" (Draft, 2013,
p.318). This occurs when a company has common goals that the company wants to achieve. This
allows all skills and departments to come together and produce the goal there are looking to achieve.
In this type of structure not one person is viewed as important than the next one, because it takes
everyone to work together to produce the outcome the company wants to achieve. "The matrix
structure uses both functional and divisional structures to run an organization" (Draft, 2013, p.321).
This allows the company to
... Get more on HelpWriting.net ...

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The President Of Queen Bee Boutiques Essay

  • 1. The President Of Queen Bee Boutiques Essay Management Shawn Buckwalter was voted as the president of Queen Bee boutiques. He has an Associate's degree in Criminal Justice, and another in Business Management from Blackhawk Technical College in Janesville, WI. Shawn spent fifteen years in the United States Army Reserves (USAR) and ten years as entry level manager in the private security sector for John Deere in Janesville, WI. During his time there, he was security project manager during the last months of the construction phase. He wrote the standard operation procedure, participated in the business continuity plan, and implemented the fire safety procedures and training drills. In addition, he briefed John Deere Corporate Security Executives, his John Deere client, as well as numerous contractors throughout the years. He oversaw daily operations which included coaching and motivating, evaluations and disciplinary actions, and scheduling and payroll. Shawn also created the security polices for Bags of Hope at his facility in 2010; above all, he actively participated in the charity event that year and again in 2011. Christine Fenske is the Vice President of Marketing at Queen Bee Bags. She has an Associate's degree in Business Management, along with a K–12 teaching credential for children with special needs. She has 15 years of customer service/marketing experience in the retail and financial fields. In addition, Christine has ten years of experience managing projects, creating individual educational plans, providing ... Get more on HelpWriting.net ...
  • 2. Case Universidad de la Sabana Escuela Ciencias Económicas y Administrativas Mercadeo 2013 – 2 Case 4: From "Expect More" To "pay Less" Agosto 23 – 2013 * Camila Andrea Pinzón Gómez 201213506 WHAT IS ALL THIS CASE ABOUT? The principal idea of the case is examine Target, a discount retailer who was always known for their 'cheap chic', "Expect More, Pay Less" value proposition. The evaluation between BACKGROUND: Target Corporation originally the Dayton Dry Goods Company and later the Dayton Hudson Corporation, 1902–61: 1902: Dayton Dry Goods Company was founded in 1902 by George Draper Dayton, a banker who built his wealth by buying farm mortgages in southwest Minnesota and an active member of the Westminster Presbyterian ... Show more content on Helpwriting.net ... Target's president, Douglas J. Dayton, went back to the parent Dayton Corporation and was succeeded by William A. Hodder, and senior vice president and founder John Geisse left the company. Geisse was later hired by St. Louis–based May Department Stores, where he founded the Venture Stores chain.[10] Target Stores ended the year with 11 units and $130 million in sales. It also acquired the Los Angeles–based Pickwick Book Shops and merged it into B. Dalton Bookseller. In 1969, it acquired the Boston–based Lechmere electronics and appliances chain that operated in New England and the Philadelphia–based jewelry chain J.E. Caldwell.[7] It expanded Target Stores into Texas and Oklahoma with six new units and its first distribution center in Fridley, Minnesota. [11] The Dayton Company also merged with the Detroit–based J.L. Hudson Company that year, to become the Dayton–Hudson Corporation, the 14th largest retailer in the United States, consisting of Target and five major department store chains: Dayton's, Diamond's of Phoenix, Arizona, Hudson's, John A. Brown of Oklahoma City, Oklahoma, and Lipmans. The company offered Dayton–Hudson stock on the New York Stock Exchange. The Dayton Foundation changed its name to the Dayton Hudson Foundation, and Dayton–Hudson maintained its 5% donation of its taxable income to the foundation.[7] In 1970, Target Stores added seven new units, including two units in Wisconsin, and the 24–unit chain reached $200 million in sales.[10]
  • 3. ... Get more on HelpWriting.net ...
  • 4. Radio Frequency Identification ( Rfid ) Technology Essay Radio frequency identification (RFID) technology is used to electronically identify, track, and store information on a tag. Its main components are a tag, reader, and a database. It is used by all levels of government in various well–known areas, such as logistics support for the military and highway tolls. The purpose of this paper is to analyze the use of this technology by the United States Federal government and some of its major agencies, including the Department of Homeland Security, the Department of Defense, the Department of State, and Social Security Administration. There are more institutions within the Federal government that already use or are strongly considering implementing RFID technology, but have not yet done so for a number of reasons, such as lack of funding, privacy or security concerns. The main benefits and threats of this technology will be discussed for the institutions listed. Keywords: RFID, technology, United States, Federal Government All levels of the United States government, from federal to local, use radio frequency identification (RFID) technology, and it is applied in various ways. The benefits of this technology are convenience, speed, effective data management, and security. The negative impacts are related to security, privacy concerns, and costs of implementation. In this paper, the use of RFID technology by the Department of Defense, the Department of Homeland Security, the Department of State, and Social Security Administration ... Get more on HelpWriting.net ...
  • 5. Swot Analysis Of Dillard's There are many retail giants that have had an active presence on the market for sometime. A few that come to mind are JCPenny, Macy's and Nordstorm's. However, one major retail chain that has spread across the country was started right here in the state of Arkansas. Dillard's first department store was opened in 1938 in Nashville, Arkansas by its founder William Dillard. Since its inauguration, Dillard's has turned into one of the more prominent retailers in the United States. With an ever growing market base and clientele, Dillard's has seen successful since the early 1950s. This success, however, leaves people with a few questions about the Arkansas native retail giant. What does Dillard's current market look like? How does Dillard's compare ... Show more content on Helpwriting.net ... Once again Dillard's finds itself shrinking in comparison on sheer market size. Compared to Dillard's 300 stores in 29 states, JCPenny has over 1,000 locations across the United States and in Puerto Rico. This provides much contest for Dillard's as JCPenny is a store often seen across the mall from them. With so many stores across the nation Dillard's was able to keep it close in the gross income department. JCPenny only reported a gross income of 4.0 billion dollars in 2015, compared to Dillard's 2.15 billion dollars. This boasts well for Dillard's and the quality of their merchandise. Retail conglomeration's have been extremely influential since the early 20th century and Dillard's is no different. From their small beginnings in Nashville, Arkansas to their impressive influence in 29 states across the union, Dillard's has become a mainstay of quality retail. Even when they are outnumbered by the competition, Dillard's seems to be able to hold their own. This would me Mr. William Dillard proud and does him great honor in continuing his ... Get more on HelpWriting.net ...
  • 6. Macy 's Inc. : Executive Summary Lei Xia M06297263 xiale@mail.uc.edu (513)328–0115 Executive summary: Macy's Inc. is one of the oldest enterprises in the United States, belonging to the department stores industry. (Hoovers.com) It is a national brand, owning 850 department stores. During the development of the company, there had several key decisions that were beneficial for the company. However, in recent years, the competitions in department stores industry become more and more serious. Due to the economy downturn period, Macy's and many other retailers were suffering. Fortunately, Macy's has chosen the beneficial marketing strategy to fit the objective of business. This paper will analyze the company's situation from its financial aspect, industry aspect, the competitive part and Macy's marketing strategies to conclude that Macy's could have stable profit in the next three to five years. Macy's company background Macy's is one of the oldest enterprises in the United States, based retail chain of departmental stores. (Hoovers.com) It was founded by Rowland H.Macy on 14th Street and 6th Avenue in New York City in 1858 with the name of R.H. Macy & Co. The corporate headquarters are located in Cincinnati, OH. Lately, the company was bought by Isidor Straus and Nathan Straus. Macy's grew from its meager beginning into America's department store. In 1994, Macy's became the world's largest department store company because of merging with Federated Department Stores. Today, Macy's, the ... Get more on HelpWriting.net ...
  • 7. The Marketing Strategy Of Tjx Executive Summary TJX Companies consist of several apparel and home fashion stores in the United States, Canada and Europe. The organization continues to expand their brand in these three countries to keep up and hopefully, one day, monopolize their competition in the department store industry. TJX does well financially, such as profits and market share, compared to their competition and has achieved outstanding performance for several years in all the countries in which they operate. "Looking ahead, we see tremendous opportunities to bring value around dthe world. We believe our customer demographic one of the wisest in retail, and we are convinced we will continue to gain U.S. and international market share. To help retail our loyal customers and attract new ones, we're planning even more aggressive marketing. We also plan to continue upgrading the shopping experience in our stores and offering new and exciting initiatives" (TJX n.p). TJX is a well rounded and diversified company focusing on apparel and clothing fashions. Their acquisitions have only furthered their growth in the market and with consumers globally. Introduction TJX Companies Incorporated is a parent company to several discount apparel and home goods department stores. TJX claims to be the world's leading off–price retailer of apparel and home fashions in the United States and beyond. TJX is an American based corporation, built by the second generation of the Feldberg's family and its headquarters is ... Get more on HelpWriting.net ...
  • 8. Causes Of Target's Growth Over the years Target has established itself as the second largest discount store in America. Falling behind Walmart, Target has experienced periods of strong growth but has recently encountered problems that have caused concern with those within the organization as well as external analysts. One of the biggest problems Target is facing currently is generating consistent customer traffic into its stores as many of their major departments are continuously loosing money and causing customers seek out other product alternatives. A major contributor to this problem is that it is spreading itself thin by offering too much without establishing a competitive advantage and not firmly establishing itself in denser city locations. Just recently Target ... Show more content on Helpwriting.net ... But if it is going to improve on its recent losses, Target needs to start moving into more developed areas with stores that are suited to providing its customers with the products they want and need, but not be overwhelming for customers. Some of the major problems target will face with this alternative will be costs of development. Land that is closer to larger populations is going to cost more as well as the increase in permits and the cost of contractors to create the right store for the given environment. Another issue Target could face would be choosing which products they should sell in these new stores, because of the limited developmental space available, the products chosen will have to be limited as well. But by moving to more populated areas Target will be able to reach more people and begin competing with the local stores that are taking away its business. Additionally, closer locations will provide additional convenience for its ... Get more on HelpWriting.net ...
  • 9. Nordstrom Swot Analysis the original store, offer personal shoppers for their customers, and also the creation of Christmas windows with pure light. The most important "first" that Lord & Taylor have had is having a women president, Dorothy Shaver. Viewing shopping as an individual experience for each customer, Lord & Taylor strives to enhance that experience by bringing new designer names into their stores, as well as increasing their customer service, and expanding the in home lines as well. This continuous effort for their customers have made the company an internationally known name. With the high competitiveness that comes along with the full–line market of fashion, there is a fast growing market with the off–price market as well. Over the next five years according to Adams, Nordstrom Rack stores will continue to outpace full–line Nordstrom stores in the United States, and continuing to grow within the market and gain the market share. Nordstrom Rack and the Off–Price Market With the high competitiveness that comes along with the full–line market of ... Show more content on Helpwriting.net ... One of those weaknesses being the high concentration in the state of California. Looking at the coverage of the Full–line and Rack Nordstrom stores, there is heavy presence in the east and west coasts. When comparing Nordstrom to its competitors, Nordstrom has little to no presence in the Mid–West. With such a heavy concentration on a geographic location like California, the economic condition of the location risks a high influence on the company's sales. Unlike Macy's, who has just announced the closure of one–hundred stores nationwide, Nordstrom is continuing to increase their store counts, with 20 stores opening in 2017 (five in California). To grow out of this weakness and not have to produce closures in stores like Macy's, further concentration in other geographic markets would reduce the economic risk of focusing on California ... Get more on HelpWriting.net ...
  • 10. Kohl's Corporation Kohl's Department Store Analysis Ursula Landry & Angela Burton Cardinal Stritch University Managerial Finance ADM 406 January 27, 2016 Introduction The New York Times states, "Kohl's Corporation is a specialty department store. As of January 31, 2015, the company operated 1,162 department stores in 49 states and e– commerce website (www. Kohl's.com). The company sells private label, and national brand apparel, foot wear, accessories, and beauty and home products. Kohl's Corporation is one of the largest discount department store chains in the United States. Targeting middle–income shoppers buying for their families and homes, the chain maintains low retail prices through a low cost structure, limited staffing, and progressive ... Show more content on Helpwriting.net ... Competition heated up as department stores, particularly J.C. Penny Corporation, Inc. and specialty apparel stores improved their performances. According to the article of Funding Universe, "Kohl's was faced with fierce competition in California from stores such as, Mervyns' and Macy West. Some analysts contended the big push into the Golden State had distracted management, and indeed the company suffered from excess inventory, forcing it to discount heavily, which dented profits. Some shoppers turned to rival retailers when they encountered less–well–kept stores and longer checkout lines than usual." Which the numbers were disappointing, while revenues were still up 12.7 percent, surpassing the ten billion mark for the first time, but net income fell for the first time in ten years dropping a whopping 8.5% to $581 million, and in–store sales fell 1.6 percent. In view of the financial statements attached to this paper, Kohl's acquired debt increased both in dollars and as a percentage of sales. Gross margin as a percentage of sales was 36.4% in 2014, much lower in 2013. The merchandise margin increased, but was offset by higher shipping losses attributable to growth in the number of on–line orders. Selling, general and administration expenses both increased in dollars and as a percentage of sales. There are numerous factors that impact the success of department stores such as, political and ... Get more on HelpWriting.net ...
  • 11. Home Depot Marketing Strategy Home Depot is a large retail home improvement Store. They sell an assortment of home improvement products, building materials, lawn and garden products, and also provides various services. The strategy I feel that works well The Home Depot stores focuses on serving three primary customer groups: do–it–yourself (DIY) customers, do–it–for–me (DIFM) customers and professional customers. Home depot has approximately 2,278 stores across the United States and Puerto Rico. The purchasing objective of home depot is that of supplier performance management. Home depot use this objective to ensure that they meet the expectation of the market and contractor. This objective will tighten performance gaps, see the actual performance of the overall company ... Show more content on Helpwriting.net ... In category strategies Home depot look for suppliers who they can buy certain thing from at a particular price, rather than buying the same items and same brand from different suppliers. They use this strategy to maximize as much saving in the procurement. A typical example, is Home Depot has 2,278 stores across the United States, and each store purchasing manager is responsible for negotiating their own deals for supply. Let's say stove tops, each purchasing manager ensure that they source the kind of stove tops they need. Another, strategy in purchasing is supplier relationship management (SRM) strategy. According to (Monczka, 2016) Supplier relationship management (SRM) is the end–to–end process of managing a supplier through the entire sourcing life cycle, which includes first identifying the abilities of a particular company with regard to performing a service for the internal customer, completing a sourcing event, negotiating a contract, executing an order, and determining payment (2016). This strategy is critical for the organizations to minimize risk, manage cost and maximizing partnership value, with a healthy supplier relationship lifecycle. Business should align their business with their suppliers because a huge portion of cost goes to suppliers rather than internal ... Get more on HelpWriting.net ...
  • 12. Swot Analysis : Penney Stock J.C. Penney Stock J.C. Penney is a chain department store that provides plentiful materials and food and provides its customers with services, such as styling salon, optical, portrait photography, and custom decorating in the United States. As a well–known department store, J.C. Penney, it is a leading department store retailer of apparel, accessories and home furnishings. But from the beginning of March to the end of May, JCP stock has been generally falling in price. According to a recent research from Green Street Advisors, they thought the American shopping malls were declining at a scary rate. Now, it comes out clearer from the data of the stocks. From looking at J.C. Penney stock, it is evident from that stock going down that J.C. ... Show more content on Helpwriting.net ... How can it be so popular and even can instead of traditional shopping? In the advanced Internet Age, the internet is around all of us. Now people in the United States depend more and more on the internet. With the development of Internet, more and more real concepts can be shown so that people can experience their life easier. The shopping also includes a well–known example, Amazon. Online retail has its own strong advantages as known all around as convenience. And the word "convenience" would be better taken by "conveniences" because of its multiple sides. The conveniences of online shopping may appear on time, product reviewing and reselling. If some office ladies have no time on shopping but they need to buy some casual suits or office suits indeed, they will try to browse the Amazon or other online clothes stores. That is the convenience shows on the time. Product reviewing, we usually know because of our friends who used this product before, can also be found in the "comment" on every online retail filled with others opinions. That hardly appears on a store in realistic life. The last one, when one finished his birthday party and listed what he got totally, reselling always becomes the way one chooses to solve the same thing friends gave repetitively. Therefore, online shopping becomes more and more popular. Now, back to the data for J.C. Penney stocks. J.C. Penney stock is the small value stock, which has a small market capitalization and its ... Get more on HelpWriting.net ...
  • 13. Great American Knitting Mills GREAT AMERICAN KNITTING MILLS CASE ANALYSIS: GREAT AMERICAN KNITTING MILLS GOLD TOE SOCKS Summary of the Situation At the time of this case, in mid 1981, the management of Great American Knitting Mills was reviewing the situation related to the company 's distribution policy for its Gold Toe brand men 's socks line. Essentially, the distribution policy for Gold Toe socks provided that the products would be distributed through one leading department store (or department store chain) in each major city of the United States. In exchange for the exclusive distribution arrangement, the department store organization was expected to aggressively promote Gold Toe brand socks. At the time of this case, Gold Toe socks were ... Show more content on Helpwriting.net ... Senior executives at Great American Knitting Mills were concerned that a change in the company 's Gold Toe distribution policy might affect adversely the company 's financial performance. Increased sales resulting from a revised distribution policy might be accompanied by lower margins. Additionally, contemporary management systems within the department store account organizations emphasized bottom line results as opposed to customer service and product quality. As a consequence, department store buyers tended to drop and add product lines in the hope of gaining short term benefits. The relationships established by Great American Knitting Mills with the company 's department store accounts on the basis of the exclusive Gold Toe distribution policy, however, provided Great American Knitting Mills to 'go over the head" of buyers who demanded more than Great American Knitting Mills was prepared to give, and to effectively stifle any attempt to drop or change to any significant extent the Gold Toe distribution and marketing arrangements with the accounts. Great American Knitting Mills had introduced a second line of men 's socks under the Arrow brand to distribute through retail establishments that did not carry the Gold Toe brand. The Arrow brand had not garners success similar to that of the Gold Toe brand; however, common production of the ... Get more on HelpWriting.net ...
  • 14. Ross Dress For Less Marketing Strategy Ross Stores, Inc. is an American off–price department store, which has two different stores: Ross Dress for Less and dd's DISCOUNTS. Ross Dress for Less has around 1,340 stores in 36 states in the United States, and dd's DISCOUNTS is much younger image than Ross and has 193 stores in 15 states. Its headquarter is located in Dublin, California, and it is the second largest off–price retailer in the USA after TJX Company. Ross offers trendy name brand and designer apparel, accessories, home furniture, footwear, and snacks for everyone from young children to old seniors. Ross Dress for Less and dd's DISCOUNTS sell products at 20% to 70% off from the regular prices to target people who have limited income but also want to have new products every season. They not only focus on business but also focus on social responsibility. Since they want to know more and be closer to their consumers, they are focusing on four different areas to touch their target customers. ... Show more content on Helpwriting.net ... They strive to provide nice workplaces for their employees to grow and work in a better environment. Supporting Our Communities is the second. They are doing Community Giving Program such as giving the scholarship to build academic achievement for young people. Third and Fourth responsibilities they are focusing are Operating Sustainably and Conducting Business Ethically. They are putting efforts to maintain transparent business and to save electricity 30% and reduce waste for the environment. Their buying & planning offices are located in New York, Los Angeles, and Boston. Their buying and planning teams always try to get the current trendy products and find what their customers love at the affordable ... Get more on HelpWriting.net ...
  • 15. Online Shopping Disadvantages Many of people do their shopping online because it is convenient, cost–effective, and offers more selection of products rather than going into a physical brick and mortar store. Seemingly, the only downside is the shipping time, but the real cost is that it is gradually killing off local businesses such as the mom and pop shops, department stores, and also shopping malls. These physical stores provide tax base and jobs within their communities. Online retailers largely have minimal overhead, and drive prices down lower than what most brick–and–mortar stores can bare. Online sales have many economic benefits that brick and mortar stores don't have, which has created an environment where online entities thrive while unintentionally causing their brick and mortar counterparts to fail in many cases. Online retail shopping has grown dramatically over the past years; more and more, people are relying on their fingertips to do the shopping rather than using their legs. Barbara Mantel, a writer for the CQ Research states that, "online shopping has grown fourfold since 2002 and now accounts for about 10 percent of discretionary retail spending in the United States."(par. 1). If people continue shop online, it will continue the pressure on and tension between brick and mortar and online stores, resulting in more failures of brick–and–mortar stores. An example of this growth is that "the number of consumers spent shopping with their smartphones jumped 385 percent between February 2010 and February 2013" says Mantel. (par. 14). This number is proving that online retailers are gaining momentum, whereas the mom–and–pop shops are declining. Many stores are already feeling the effects of online shopping. Big department stores like Sears, Kmart, Macy's, and J.C. Penney have filed bankruptcy. According to The Independent, about 300 retail businesses went bust just between January and June of this year. Online shopping isn't the only reason that they're closing down, but it does play a significant role in their closing. The reason why these stores are closing down is that they just cannot compete with online shopping because they don't have reasonable revenue for brick and mortar stores to compete with these monstrous ... Get more on HelpWriting.net ...
  • 16. Women's Clothing Industry Report Women's Industry report: This industry includes establishments primarily engaged in the retail sale of a general line of women 's ready–to–wear clothing. This category also includes establishments primarily engaged in the specialized retail sale of women 's coats, suits, and dresses. Custom tailors primarily engaged in making women 's clothing to individual order are classified in SIC 5699: Miscellaneous Apparel and Accessory Stores. Industry Snapshot In 2005, $36.7 billion was spent at stores devoted exclusively to women 's apparel, a jump of more than $2 billion from 2004 and more than $4 billion from 2003. While the discounters, namely Target and Wal–Mart, were continuing to do well, the more upscale stores were seeing a new surge ... Show more content on Helpwriting.net ... By the 1920s, it was considered more fashionable to buy clothing from a store than to make it at home. For many years, the department store and the downtown women 's shop were the mainstays of women 's wear retailing. Department stores offering a vast selection of goods and specialty stores catering to unique tastes dotted the urban landscape. For those with enough money, shopping became a social event. Along with the growth of women 's clothing retailing came the increasing importance of fashion. The women 's apparel industry established a voice in government through the National Retail Federation (NRF), the trade group representing the entire spectrum of the nation 's retail industry. In the early and mid–1990s, the NRF lobbied the U.S. Congress on issues such as minimum wages and the proposed health care plan. The NRF was opposed to an increase in the minimum wage on the grounds that many retailers would have to close down operations or fire staff to meet expenses with a higher wage base. In 1994, Women 's Wear Daily reported that the NRF opposed the Clinton administration 's proposed universal health coverage on the grounds that more than 700,000 jobs would have to be eliminated in all retailing. At that time only 35 percent of retail workers received health care benefits. The NRF supported a plan that emphasized offering health ... Get more on HelpWriting.net ...
  • 17. Jcpenney Industry Analysis Feinstein Graduate School AN ANALYSIS OF JC PENNY'S AND HOW IT RELATES TO COMPETITION WITHIN THE RETAILING INDUSTRY A Paper Submitted in Partial Fulfillment of the Requirements for the MBA Degree Course: MGMT 6800 MAY 9th, 2012 TABLE OF CONTENTS EXECUTIVE SUMMARY 2 COMPANY PROFILES 4 1. JC Penney 4 Strategy initiative 4 Mission....................................................................... 5 2.KOHL'S......................................... ...................................5 Strategy initiative 5 Mission 6 3. Macy's 6 Strategy initiative 6 Mission 7 4. Sears 7 Strategy initiative 7 Mission 8 INTRODUCTION 8 EXTERNAL ENVIRONMENT ... Show more content on Helpwriting.net ... Knowing that consumers will shop for the best deals, differentiation will be introducing new pricing methods that attract the everyday shopper and not only the seasonal shopper. * JCP intends to meet the needs of different customer preferences since sales depends on preference and fashion trends by offering a variation of inventory and continuously updating the products lines, while simultaneously utilizing enterprise partnership to increase inventory levels to meet these needs. * Acquire and utilize a new enterprise software for integration using the Just In Time (JIT) vendor, to offset delays in regular inventory sourcing during migration events, while utilizing active intelligent agents to recognize significant inventory changes and place advance stock depletion or seasonal changes inventory. * Implement the use of information and purchase kiosk throughout all departments of the sales floor, to facilitate ease of purchase and eliminate lines through upgrading technology and utilizing a multiple channel environment for seamless integration of in store and online shopper customer service experience. * Maintain the same gross margin over the next 12 months to improve net continue operating profit/loss. Reducing overall selling and administrative expenses by approximately 10%, cutting back on restructuring and management transition cost and reducing operating expenses by 8% to introduce an overall 95% reduction in ... Get more on HelpWriting.net ...
  • 18. Bed Bath And Beyond Company Essay Bed bath & Beyond company was founded in 1970 which started by developing superstore concept by partnership of Feinstein and Warren Eisenberg. Both men possessed over decade of retail experience in 1971 they started as Bed n Bath. A small chain of specialty linen and bath shops in suburban of New York. The employees in management at Arlan's positions the discount chain felon hard during early 1970s the founders sensed an essential change in retailing trends and witnessed the department store performing business well and the specialty stores were going to be the next wave of retailing. One of the founders "Feinstein told chain store Executive in 1993 based on the business they are doing. It was the beginning times of Bed n Bath as the designer approach to linens and house wares saw a great doors open for the business opportunity and also the stores were located at high traffic strip malls where great brands canon, Wamsutta and the line of low priced linens and towels which was good opportunity for both customers and the founders. The two stores were located in 2000 square feet of small shops. In 1985 the founders decided to expand their business from two stores to 17 stores across united states in different states like Newyork, California, New jersey, and Connecticut but during 1985 they had big completion as many other stores are opened with the ... Get more on HelpWriting.net ...
  • 19. Department Store Industry Department Stores: Big Lots and The Retail Industry Michael Martinez Business Department Stores: Big Lots and The Retail Industry I. Problem Identification This paper seeks some of the major developments in the strategies of Big Lots Inc. in order to improve their market share. The main problem that this paper would like to investigate is the kinds of marketing strategies that the company employs in order to achieve greater market share. This paper would also assess the kind of competition and market structure that exists in the retail industry and how this is addressed through the strategies of the company. In addition to this, this would also try to probe on some of the financial strategies that the company used in order to ... Show more content on Helpwriting.net ... The capacity to maintain stability in the industry is now found through servicing a specific niche market. The industry is now composed of those catering to the high–income and luxury products such as Neiman Marcus and on the other hand is Wal–Mart, Big Lots, and Target catering mostly to discounters (Tsiantar, 2006). The industry is therefore highly competitive right now. With fewer people making their way to department stores, the industry is filled with players all struggling to maintain market share through innovative strategies. The retail industry however is unusually hard to penetrate. Despite the high level of competition among the players in the industry, new players are finding it hard to stay in the industry because of the size of the players. One of the strategies of retailers right now is expansion in almost all cities across all states. This would enable them to capture as much market as they can. The industry players ' size is one of the important barriers to entry that should be considered. With the size of the main competitors and the increase in the number of their stores, new players are finding it hard to enter the industry. The industry is also suffering from the problems of substitutability of products that they are offering. Each department store is offering different lines of products that are in direct competition with other products. This is therefore creating an industry that is ... Get more on HelpWriting.net ...
  • 20. J. Penney Corporation Inc. Company Overview: J. C. Penney Corporation, Inc, also known as JCPenney, is a chain of American department stores specializing in selling affordable clothing, shoes, accessories, and home decor for the entire family. For more than a century, JCPenney has been a regular shopping destination and a dependable retailer for the American family. In 1902, the department store was founded by James Cash Penney and was established on the principle of the Golden Rule. Over the years, the company has developed a strong reputation for putting its customers first and servicing everyday needs. From its incorporation in 1924 until 2010, JCPenney experienced large levels of growth and success. JCPenney's Corporate address is 6501 Legacy Dr, Plano, TX ... Show more content on Helpwriting.net ... The first is a hard retailers that sells appliances, electronics, furniture, sporting goods, etc. The second is soft retailers that sells clothing and apparel. The major players in this industry include stores like Macy's, Dillard 's, and,on the higher end, Nordstrom's. JCPenney's main competitors are Macy's and Kohl 's. Dillard 's and Nordstrom's are smaller and more higher retail value stores. The top company, using sales as the indicating measure, is Macy's with sales in 2015 of 28,105,000,000, which is followed by Kohl's with sales of 19,023,000,000. In the United States, their are about 1 million outlets (stores), and numerous amounts of online retailers that sell items to the public. The demand in this industry is primarily driven by spending and interest rates. Due to this fact economic health affects consumer confidence and spending. But overall there has been a consistent trend of sales in the sector as a whole. Overall in the United States, the industry has a combined revenue of about five trillion dollars. Revenue (in current trading dollars) for retail trade in the US is to forecasted to grow an annual compounded rate of five percent between 2015 and 2019. In addition, total United States retail sales increased 2.1 percent in the first ten months of 2015 compared to the same period in 2014. While as a whole the industry seems profitable, there are many challenges that are prominent in this industry. Firstly, many store have uneven cash ... Get more on HelpWriting.net ...
  • 21. Macy 's Marketing Strategy And Innovation On The National... Macy's is a company that is embedded in our national pass times and has become more than just a retailing store. Its long history of retailing is over 150 years old. It was founded in 1843 by Rowland Hussey Macy in Harverhill, Massachusetts and was not originally a retailing store. Originally, Rowland targeted the mill industry and it employees and opened four dry good stores. Unfortunately early success did not come for Macy as the company's first stores actually all failed. Luckily, Mr. Macy was a resilient man who learned from his early mistakes and realized that his target market for this type of store was not mill employees but a higher end clientele. He opened his new store "R.H. MACY" on Sixth Ave between 13th and 14th Street with the trademark star flying high. Mr. Macy had used his tattoo that he had on his arm when he worked in Nantucket on a whaling ship, the Emily Morgan. This was a success for Mr. Macy and as his company grew so did his tactics and innovation on bringing in new customers. He was the first to implement theme exhibits in his stories as well as illuminating window displays which was new tactics in the late 1900's. He was also the first store to use publicity devices to bring in new customers and since they did not have modern communication he used "Santa Claus" as a public figure to draw in customers. Unfortunately Mr. Macy would not see the 20th century and passed away. After his death, the company had another explosive growth cycle as ... Get more on HelpWriting.net ...
  • 22. Macy's Research Paper Macy's was founded by Rowland Hussey Macy. After the failing of his four retail dry goods stores, he established the first R.H. Macy & Co. in New York City in 1858. The sales of R.H. Macy & Co. in the first business day was $11.08. But the sales gross at the end of the first year was $85,000. After the death of Macy and his family, Isidor Straus and his brother Nathan Straus from 1895. By 1918, R.H. Macy & Co. had annual sales of $36 million. In 1922, Macy's went public. From 1922 to 1936, Macy's began to open stores in other areas and take over competing retailers. In 1945, Macy's started expending to the west. In 1946, the first store of Macy's California was established. After the Macy's spreading all over the United States, Federated Department ... Get more on HelpWriting.net ...
  • 23. Steve Madden, Ltd. Steve Madden, Ltd., incorporated on November 10, 1998, and its subsidiaries design, source, market and sell name brand and private label footwear for women, men and children. The Company operates through five segments: Wholesale Footwear, Wholesale Accessories, Retail, First Cost and Licensing. The Company designs, sources, markets and sells name brand and private label handbags and accessories, and licenses some of its trademarks for use in connection with the manufacture, marketing and sale of various products of its licensees. Its products are sold through its retail stores and e–commerce Websites, as well as department stores, specialty stores, luxury retailers, value priced retailers, national chains, merchants and catalog retailers throughout the United States, Canada, Mexico and South Africa. In addition, the Company sells its products in Asia, Australia, Europe, India, the Middle East, South and Central America and New Zealand. It provides merchandising support to its department store customers, including in–store fixtures and signage, supervision of displays and merchandising of its various product lines. The Company 's subsidiaries include Steve Madden Retail, Inc. and BA Brand Holdings LLC. The Company 's Wholesale Footwear segment consists of designing, sourcing and marketing its Steve Madden brand to department stores, specialty stores, luxury retailers, value priced retailers, national chains, mass merchants, online retailers and catalog retailers ... Get more on HelpWriting.net ...
  • 24. Macy's, Inc. Macy's Macy 's, Inc., incorporated on December 13, 1985 in New York City. It is in the retail industry. The company's shares are traded under the symbol "M" on the New York Stock Exchange. Macy's was the first retailer to promote a woman. Macy's established such a revolutionary business practices on the one–price system, in which the same item was sold to every customer at one price, and quoting specific prices for goods in newspaper advertising (Macy). Macy 's has about 840 stores in 45 states, the District of Columbia, Guam, and Puerto Rico. The stores sell men 's, women 's, and children 's apparel and accessories, cosmetics, and home furnishings, among other things. Such as the tea bag, the Idaho baked potato and colored bath towels. Macy's also was the first retailer to hold a New York City liquor license. According to business dictionary an industry is any general business activity that can be isolated from others, such as the retail industry or the entertainment industry. The general environment of a retail industry is macro environment," or the sphere of the external view of the company. Those macro environment includes economic, technological, societal and governmental influences. All retailer must recognize the role of each to contend within the retail industry. Internal Analysis for Macy's Departmental Stores Inc. The internal force for Macy's is marking prices, financials and competition. Macy's marking and advertising spending in 2012 was 1.55 billion, 2013 ... Get more on HelpWriting.net ...
  • 25. Essay about Child Abduction in the United States Child Abduction in the United States It is every parent's worst nightmare. It could occur in your front yard, in front of the school, in your house, in a store, or anywhere. Just imagine you're in your favorite department store not but a mile away from your home and you lose sight of your child. You look down the aisles, have your child paged, and check out at your car all to no avail. This is exactly what happened with Reve Walsh, mother of young Adam Walsh. This is her account of what happened from the book, Tears of Rage, written by John Walsh and posted on the National Center for Missing and Exploited Children website. Adam and his mother went to the store to shop for lamps. The store was ... Show more content on Helpwriting.net ... Revé was positive that Adam would not go out the west door. The toy department clerk said she had not seen Adam. Revé started asking anyone she could find, but they all said the same things. Oh, well, he probably just wandered off. I'll bet he went looking for you. Well you know how kids are, maybe he went off with the rest of the kids. Revé kept insisting that her son did not wander off, and that something was wrong. All around, clerks kept waiting on people as if nothing had happened. She asked a
  • 26. clerk to page her son. "Adam Walsh, please meet your mother in the toy department." Nothing. After going to her car twice to see if Adam had gone there and looking for him on her own for two hours, someone finally called the police department. The police later interviewed a security guard from the store who said that on the day of Adam's disappearance, there had been four boys playing with the video game in the toy department. They started causing a ruckus. She separated them and sent two boys out the north entrance and two out the west entrance. If Adam had been put out the west entrance, he would have been disoriented because he only knew the north entrance. By the end of the first week, 150,000 fliers had been printed and 50,000 of them distributed locally. Adam's photograph was on the poster. The photograph chosen had just been taken the week before and ... Get more on HelpWriting.net ...
  • 27. Essay Macy's Five Forces and Swot External Analysis for Macy's Departmental Stores Inc. Introduction Macy's Department Stores Incorporated or Macy's is an American based retail chain of departmental stores. It is currently operating under two brand names the Macy's and Bloomingdale in over forty five states of America. The company specializes in the range of products including jewelry, furniture, house hold items, footwear, clothing and other related items.It also offers online shipping services to the clients in large numbers of countries. The company currently operates in four business segments including Macy's, macy.com, Bloomingdale's and Bloomingdales.com (one source, 2011). The company's stocks are listed in the New York Stock Exchange under the symbol M ... Show more content on Helpwriting.net ... Among the list for top 500 Fortune Companies, Macy's Inc. is listed at number one hundred and three (one source, 2011). Weaknesses Macy's Inc. has a very strong network all over in the United States under its two main brand names but the company has very weak geographic presence. All of its business functions are in the United States. Any changes in the economic, political, legal, and social framework of the country will have direct impact on the business operations of Macy's Inc. and its profitability will suffer many folds. Another level of weakness that exists currently at Macy's end is the number of legal issues and proceedings associated with the company. These legal issues can impose serious trouble on the company's goodwill and profitability (USSEC, 2010). Opportunities As specified in the weaknesses, Macy's Department Stores Inc. has very little geographic presence in the countries where the growth ratio is much higher. Among the possible list of opportunities available to the company, the company can expand its business operations and portfolio in the emerging markets of Asia like China, India etc. these markets represents the great potential of success and profitability to the large numbers of companies. Business expansion can also be done by having strategic alliance in the form of mergers with ... Get more on HelpWriting.net ...
  • 28. Coach Case Study : Coach Inc. Introduction Signified by two interweaving C's, Coach Inc., has established itself as a fashion brand structured around modern designs and quality leather. Founded in a New York City loft in 1941, Coach has consistently delivered its customers luxury leather goods backed by great customer service, which has helped lead to its success 73 years later. Coach has attributed much of their success to modern designs and integrated marketing strategies, which keep their customers involved. Primarily focused on women's handbags, Coach has started expanding its market to men's apparel and shoes in recent years. A well–established reputation and business, Coach still have many areas to improve upon, and these opportunities will be explored in this paper. Target Market According to www.CoachWordPress.com, Coach Inc. targets people between the ages of 20 to 40 inclusive. Currently, 85% of the consumer market is female and 15% are males. Out of all the females buying Coach Products, according from the US census Bureau, about 21% of them are ranges from ages 20–34, sixteen percent of them are from the ages of 35–44, and about eighteen percent of them are ages 45–60. From the description of the www.vault.com and www.wikinvest.com, Coach has chosen a target market made up of people that have high and disposable incomes in urban cities and is seeking to get people that have middle incomes. Coach currently operates in two reportable segments, which are North America and International. The ... Get more on HelpWriting.net ...
  • 29. Labor Union History A labor union can be defined as "an organization of workers dedicated to protecting their interests in the workplace and improving wages, hours, and working conditions" (Carrell & Heavrin, 2013, p. 41). It has also been mentioned how the United States has various labor unions and that these unions fall into a smaller number of broad groups. Also, union membership in the United States has fallen from 20.3 percent in 1983 to 11.8 percent in 2011, according to the Labor Department (Mason, 2017). Currently, one of the top labor unions is the National Education of the United States. With this Union, it has roughly around 3.2 million members and it is the nation's largest union as it represents public school teachers, administrators, substitutes teachers, higher ... Show more content on Helpwriting.net ... It was founded in 1857 and it merged with the American Teachers Association. Another top labor union is The Service Employees International Union (SEIU). In 1921, janitors formed this union in Chicago and it currently has around 2.1 million members. In the United States, the SEIU is the largest healthcare, property services, and public services union (Mason, 2017). Furthermore, it represents janitors, security officers, superintendents, maintenance workers, local and state government workers, local and public school employees, bus drivers, and child care workers (Mason, 2017). The United Steelworkers (USW) is another example of a labor union. This union has approximately 1.2 million members and the headquarters is in Pittsburgh. Steel and other metal workers, ... Get more on HelpWriting.net ...
  • 30. Macy 's Progressive Strategy : Macy And Company Essay Founded in 1858 as a single dry good store, Macy's has grown into one of the largest retailers in the United States. However, from its humble beginnings, Macy's founders were innovators, always looking for the next creative idea that would keep their company growing. Thus from the start, Macy's was a leader, a pioneer, and a trailblazer in the retail business, and has paved the way for which many other retailers have followed. Macy's is famous for many industry 'firsts' and to this day still continually strives to set itself apart. It is because of Macy's progressive approach to business that the company will continue to thrive and be a pioneer in the ever–changing retail industry. Macy's originally called R.H. Macy & Company, was founded by Rowland Hussey Macy in New York City on October 28, 1858. It started as a small fancy dry goods store. Merchandise included flour, beans, textiles, clothing, jewelry, home décor items, etc. However, R.H. Macy & Co. was not Mr. Macy's first company. Between 1843 and 1855, he had owned four businesses in Massachusetts, and all of them failed. However, as a creative 36 year old, he was undeterred by his failures and learned from each experience. Leaving his home state he moved to New York and opened his latest store in an area where there were no other dry goods stores nearby. Macy adopted a red star as his company's logo (still there today) from a tattoo he had received as a teenager while working on a whaling ship in his youth. ... Get more on HelpWriting.net ...
  • 31. Kmart Tragedy Essay Kmart is a well–known retail company in America and a subsidiary of Sears. Sebastian S. Kresge was the founder of the S.S. Kresge Corporation that became Kmart in 1962. The S.S. Kresge Corporation expended sharply establishing an average of 85 discount stores per year over the next two decades through out the U.S and Canada with a listing on the New York Stock Exchange on May 23rd, 1918. With its success, the growth was visibly increasing with 257 stores in 1924 growing to 597 stores operating in 1929. However, the Great Depression caused its profitability goes down and resulted in store closings. Many customers stared moving out of the cities into suburban; the company had to follow them and close many urban stores, which caused the decline ... Show more content on Helpwriting.net ... Kresge Corporation opened the first Kmart store in Garden City, Michigan under the leadership of executive Harry Cunningham. Kmart became major American retail chains as the second largest United States discount department stores, which pertains in history of marketing general merchandise mainly through variety stores and discount. The company's expansion kept growing through the 20th century, and it operated about 2,200 Kmart, Super Kmart stores, and Big Kmart by 2000 in the U.S, Guam, Puerto Rico, and the U.S. Virgin Islands. In 2002, however, Kmart faced bankruptcy after competition with the world's largest retailer. In the last few years, they have had several problems, which have caused them to close hundreds of stores around the country. They faced major competition from online companies such as Amazon, as well as from traditional brick and mortar stores like Target and especially Wal–Mart. After considering their service issues, I perceived that Kmart stores lack knowledgeable associates who can assistance in different departments or different tasks even though adequately staffed. For instance, electronics associates should know about the shoes department or how to operate a register. This disorganization leads to unnecessary customer waiting times. Also, they carry too many products, which some are unprofitable at all. Kmart failed to understand the customers on predicting their demands on Kmart's ... Get more on HelpWriting.net ...
  • 32. Jc Penney Company Overview Essay JC Penney Company Overview JC Penney Co. Incorporated was founded in 1902 in Kemmerer, Wyoming by James Cash Penney and William Henry McManus. Today JC Penney offers a range of family apparel, jewelry, shoes, accessories, and home furnishing products through a chain of department stores and their company website. JC Penney, headquartered in Plano, TX, operates in the United States and Puerto Rico, with a total of 1,108 stores. JC Penney also offers its products through a catalog channel. Each channel serves the same type of customers and provides generally the same merchandise mix. JC Penney's business is conducted through a single segment, but revenues are reported by product category. In addition to their product categories, the ... Show more content on Helpwriting.net ... JC Penney will thrive on marketing to middle income customers. JC Penney operates over 1,000 stores in both mall and off–mall formats. As of 2005, 98 percent of JC Penney stores were in enclosed malls, but more of today's shoppers prefer stand alone stores. Most new stores being built are not in malls. According to JC Penney, sales per square foot in off–mall stores are about $100 higher than mall based stores. J.C. Penney is one of the leading retailers in the United States gives, and therefore, has a well known name and band of loyal customers. A recent report on J.C. Penney Corporation, Inc. states strengths that JC Penney Co. has compared to competing corporations. J.C. Penney's focuses on customer service to keep them coming back. They developed a training focusing on putting the customer first. The training is enhancing the Associate Engagement scores which continue to translate into enhanced customer service. They provide a JCP Rewards loyalty program, which has over 4 million customers. They believe that outstanding customer service will drive customers to spend more and shop more often than an average customer. They also have private and exclusive brands such as Sephora and American Living. In 2008 private and exclusive brands together accounted for approximately 50 percent of their annual sales – the highest penetration in private and exclusive ... Get more on HelpWriting.net ...
  • 33. Jcpenney Company Analysis Essay examples |JC Penney Case Analysis | | | |Strategic Management Graduate School of Management | |Southern Nazarene University | | | |4/27/2009 | | | |Sharis Atkins ... Show more content on Helpwriting.net ... As of January 30, 2009, the Company had cash and short–term investments of $1.9 billion and long–term debt of $3.7 billion, including current maturities of approximately $200 million. Capital expenditures for the first quarter were $269 million, in line with expectations, with the majority of spending related to the construction of new stores and the renovation of existing stores. Merchandise inventories ended the quarter at $3.7 billion, reflecting increases associated with 54 new stores opened since last year's first quarter. Physical & Organizational The organizations chain of about 1,090 JC Penney department stores in the US and Puerto Rico has found itself squeezed between upscale competitors and major discounters. With approximately 155,000 associates nationwide, JC Penney created a winning together culture with a customer–focused team of engaged professionals who reflect the diverse communities we serve. We offer style and quality at smart prices, providing a selection of good/better/best merchandise that reflects the lifestyles of our customers. Spanning family apparel, home furnishings, fine jewelry, footwear, accessories and beauty, customers can choose from an array of merchandise available across our three integrated shopping channels: stores, jcp.com and catalog. JC Penney created the JC Penney Afterschool Fund, a charitable organization committed to ... Get more on HelpWriting.net ...
  • 34. Dillard 's Inc. Case Study Introduction Dillard department stores is one of the smallest retail chains in the nations, however, it is still a widely known department store. Dillard's Inc. is a family owned and operated company which gives it some competitive edge over the larger, investor owned retail chains. The company operates about three hundred brick and mortar retail stores and about twenty–five discount stores in the United States. These stores are scattered throughout 29 states; mainly in the southeast, southwest, and Midwest. In addition to their physical store locations, Dillard's Inc. ships to countries around the world through its website, Dillard's Inc..com. Dillard's Inc. also owns CDI Contractors, which is a construction firm that builds and remodels the company's department stores. In addition to these business endeavors, the company owns several small online retailers such as countryoutfitter.com and scrubschopper.com (vault.com, 2016). The company's stocks are listed on the New York Stock Exchange under the symbol DDS (Dillard's Inc..com, 2016). The company has a current market capital of 2.88 billion (NYSE:DDS, 2016). SWOT Analysis SWOT Matrix Strengths Strong brand recognition ecommerce Weaknesses Market positioning Geographic concentration Opportunities Global market Business restructuring Expanded discount outlet chains Threats Competition Economic conditions Strengths Dillard's Inc. is one of many retail outlets operating in the United States that deal in ... Get more on HelpWriting.net ...
  • 35. What Is The Role Of The Radio In The 1920's In 1894, Guglielmo Marconi built the first commercially successful radio, capable of military and marine communication based off of airborne Hertzian waves. This invention pushed communication for the world to new levels, and in the sprawling United States, the radio brought new ways to make money in a growing consumer market for the United States, as well as to bring the nation together more with the radio's near instant ability for one person to reach millions directly. Although the radio was invented in 1894, it would take a few decades for the invention to become widespread. One of the first major groups to see the potential of the radio was the US Department of Agricultural. Starting in 1900, the department financed early research ... Show more content on Helpwriting.net ... After the Great War, radio broadcasts began to start back up after stopping for the duration of the war. Around this time, newspaper companies began to adopt the radio as many feared the radio would replace the newspaper. 8XK became KDKA in 1920, and on November 2, 1920, their first broadcast went across the nation. KDKA broadcasted the first Christian service to the entire nation on January 2, 1921. This was the first time a radio station would broadcast across the entire nation not to sell something, but to spread a message, something later used by presidents and to deliver world changing ... Get more on HelpWriting.net ...
  • 36. War On Poverty Analysis The United States is known as the wealthiest country on the planet, yet they are many poor people in this country that cannot afford to buy healthy food. While nutrition is a vital element of a healthy lifestyle, nutritious food is not equally available to all. This inequality is of great significance because increase in rates of obesity and related chronic diseases may be linked with poor diets, such as diabetes and heart disease are a major public concern. Moreover, there is evidence in literature that healthy diet greatly reduces the chances of some diseases and medical conditions that can shorten or lower quality of life. A primary concern is that some poor or rural areas do not have access to supermarkets, grocery stores, or other food ... Show more content on Helpwriting.net ... Department of Agriculture in 2005 showed that 5.1 percent of all U.S did not have the food they wanted or needed because of access related problems. Access to healthy foods includes not just proximity to retail locations that offers these types of foods but also the variety, cost, and the quality of foods (U.S Department of Agriculture). Accessing healthy food is a challenge for many Americans particularly those living in a low income neighborhood. In hundreds of neighborhoods across the country, nutritious, affordable, and high quality food is out of reach. Research shows that people in low income communities walk outside their door to find no grocery store, farmers' markets or other source of fresh foods. Instead they are bombarded by fast foods and convenience stores selling high fat, high sugar, and process foods. (Helmers and Dave 45– 67). The U.S Department of Agriculture 2009 "food dessert" study examines access to supermarkets and determined that 23.5 million people cannot access a supermarket within a mild of their home (U.S Department of Agriculture).A key concern for people who live in areas with limited access is that they rely in small grocery or convenience stores that may not carry all the foods needed for a healthy ... Get more on HelpWriting.net ...
  • 37. Business Case Study : Nordstrom, Inc. Introduction Nordstrom, Inc is one of the largest upscale apparel and shoe retailer's in the United States. John W. Nordstrom started the company in 1901 as Wallin & Nordstrom, which was a small shoe store located in downtown Seattle, WA. By 1960, the shoe company was the largest independent shoe chain in the nation. Nordstrom then ventured into women's apparel and in 1971 the company rebranded itself to Nordstrom, Inc. and became a publicly traded company. (nordstrom.com) Today, an executive team and the fourth generation of the Nordstrom family lead the company along with a team of fashion leaders and innovators. Nordstrom operates a total of 309 stores in over 35 states as well as Canada. They also run 118 full–line stores, 183 Nordstrom Racks, off price outlet stores, two Jeffrey boutiques and one clearance store. Nordstrom also has nordstrom.com, nordstromrack.com and a private sale site HauteLook. (Hoovers) Current Market Situation Nordstrom, Inc. is considered an upscale department store with a broad range of merchandise. At Nordstrom this includes jewelry, cosmetics, shoes, both men and women's apparel, home goods, bathing suits, intimate apparel and more. Department stores are the epitome of shopping in the United States. Nordstrom has various stores throughout the United States and Canada, and unlike its competitors it is mainly focused in the United States. Stores range from large cities such as Dallas, TX, New York City and Chicago, to suburban areas ... Get more on HelpWriting.net ...
  • 38. The Negative Impacts Of Food Inseecurity Introduction Millions of people every day do not know when they are going to eat their next meal. This brings upon great stress to households as finding their next meal becomes the priority. The United States defines this shortage of food in households as food insecurity. The U.S. Department of Agriculture (USDA) has defined food insecurity as a lack of consistent access to enough food for an active, healthy life (Coleman–Jensen, Rabbitt, Gregory, & Singh, 2017). Households that are food insecure will often skip meals, eat low nutritious–dense food, and face high stress levels of making food last until they are able to buy more food for their home. Food insecurity is a serious issue that is consistently overlooked and it needs more attention because it has a negative impact on the families. Literature Review Food insecurity affects every community in the United States. About 12.3% of U.S. households were considered food–insecure in 2016 (United States Department of Agriculture 2017). This number has not changed much from the 12.7% it was in 2015. Food insecurity can affect anyone, but certain groups are more vulnerable to this issue. For instance, low income households, the elderly, children, and immigrants are at highest risk to be food insecure. In particular, it is households with children that are most affected by food insecurity. The rate for these households was higher than the national average at 16.5% for the year 2016 (United States Department of Agriculture ... Get more on HelpWriting.net ...
  • 39. How Nordstrom's Company Establish A Competitive Advantage... History Nordstrom was co founded in 1901 by John W. Nordstrom and his partner Carl Wallin. At age 16, John W of Sweden left his home and moved to Alaska where he struck gold. During his time in Alaska, John met Carl Wallin, who owned a shoe repair shop in downtown Seattle. A partnership was formed between the two and they opened the shoe store Wallin & Nordstrom. The company's philosophy was based on exceptional customer service, selection, quality and value. This focus helped the company establish a competitive advantage in the shoe market. The company was very successful and they opened a second store in 1923. In 1928, John retired and sold his share of the company to his sons Everett and Elmer. Carl Wallin retired a year later and sold ... Show more content on Helpwriting.net ... The company's profits were growing and there was increases in market share. Nordstrom marketing plan was effective but there was still room to grow. The company needed to change its marketing strategy and further its market penetration to remain successful. Beginning to take action in 1973, the company opened the first Nordstrom Rack. This store was a clearance store for full–line store merchandise. The higher prices in the regular store targeted the upper segment of society, while the Rack allowed Nordstrom to orient itself to a completely new customer base. By 1975, the company had expanded into Alaska then California markets three years later. The company opened its first store on the East Coast in 1988 in Virginia. The new millennium offered the company several new partnerships. The company owned Faconnable, an upscale European apparel collection for men and women from 2000 to 2007. In 2011, the company acquired Hautelook, which helped the company enter the online private sale market. Nordstrom was the first major U.S. retailer to sell the British fashion brands Topshop and Topman, Which they acquired in 2012. Today, the company operates 304 stores in 38 states, 116 being full–line stores in the United States and two in Canada, 178 Nordstrom Racks, two Jeffrey boutiques and one clearance store. Customer can reach Nordstrom via online through Nordstrom.com, nordstromrack.com, and ... Get more on HelpWriting.net ...
  • 40. Fewer Choices, Greater Profits: Retail Corporations And Fewer Choices, Greater Profits: Retail Corporations and the Driving Out of Small Business Prior to the 20th century, the American economy was fueled by manufacturing; production was vital in the advancement of the nation. Retailers were generally small–scale, specialized niches, located within the largest cities throughout the United States. A change in how one would typically consume occurred during the 1870's with the rise of A.T. Stewart's Marble Palace, one of the nation's largest stores in New York at the time. Featuring four stories of Tuckahoe marble, the Marble Palace would be an innovation that would change consumption in the United States forever. Stewart paved the way for competing retailers in that he understood the idea of ... Show more content on Helpwriting.net ... Sachs issued bonds in the sum of $2 million, allowing Siegel to receive enough financing to purchase real estate in the Manhattan area. The store would open at six stories high, feature a giant greenhouse, roof–garden restaurant, and a two–hundred–foot tower. Many firms would soon follow this business model as retailers such as Marshall Field's, Carson, Pirie, and Macy's received financing from investment banks to expand their department stores within their respected local markets. These department stores would now house a variety of goods, such as a yard goods, ready– made clothing, pianos, monkeys, lions, among other products. By 1910, Macy's was conducting the largest domestic rug business in the country at Thirty–Fourth Street and Seventh Avenue in Manhattan, and Wanamaker's in Philadelphia had the "finest bookstore in the United States," soon to be surpassed by Marshall Fields of Chicago, which would exceed in volume and sales any other such business "in the world." With the help of investment banks, Sear Roebuck and Company would receive millions of dollars in financing from the distribution of equity, allowing them to have enough capital necessary to expand. This period of rapid expansion caused by the financing of investment banks led to the emergence of modern merchandizing, which began to overshadow the traditional, small retailer who could not compete with the affordable prices of the retail ... Get more on HelpWriting.net ...
  • 41. The Five Types of Organizational Structure Manager's of an organization has to use structure to help the company run efficiently. "The five types of organizational structures are functional, divisional, matrix, team–based, and virtual network" (Draft, 2013, p.316). Functional structure in an organization that is developed by grouping departments by the skills, level of knowledge, activities done daily, and the resource used. "This structure places specific departments from the bottom to the top" (Draft, 2013, p.318). For example, specific departments such as: human resources, accounting, engineering, and manufacturing are placed at the top, while there are mostly seen at the bottom in other organizations. While common functions such as; people, facilities, and other resources are combined together as a single department instead of being divided into multiple departments. "Divisional structure is known by the approach of having similar skills and resources grouped together into divisions" (Draft, 2013, p.318). This occurs when a company has common goals that the company wants to achieve. This allows all skills and departments to come together and produce the goal there are looking to achieve. In this type of structure not one person is viewed as important than the next one, because it takes everyone to work together to produce the outcome the company wants to achieve. "The matrix structure uses both functional and divisional structures to run an organization" (Draft, 2013, p.321). This allows the company to ... Get more on HelpWriting.net ...