Preview

Comparison Of Macy's And Best Buy

Satisfactory Essays
Open Document
Open Document
321 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Comparison Of Macy's And Best Buy
Best Buy also has their shops in different Macy’s locations. These are 300 square foot shops that started in 2015 and are still running today. This was a plan that both companies wanted to test for that year’s holiday season. These small shops have products like Samsung smartphones, tablets and smartwatches, audio devices, and accessories from Samsung and other companies too like phone cases. Like any other licensed store that is in Macy’s, the staff in the Best Buy section will still wear the company’s colors, blue.
Company Services Best Buy for their services in 2012 are in full attention in Web and mobile shopping with the in-store experience. CEO Huber Joly, wanted the best showrooming experience, this is where customers visit the store

You May Also Find These Documents Helpful

  • Powerful Essays

    Most of what I saw where long term customers who had grown up on JC Penny stating how much they liked the stores. I did see very few responses to customer’s complaints or questions on Facebook. The company also had a list of sponsors on the right that they must be receiving funds for placing ads on their web page.…

    • 1192 Words
    • 5 Pages
    Powerful Essays
  • Best Essays

    Jcpenney vs Macy's

    • 5166 Words
    • 21 Pages

    Sorkin, A. R. (2012, 11 12). A Dose of Realism for the Chief of J.C. Penney. Retrieved from NY Times Dealbook: http://dealbook.nytimes.com/2012/11/12/a-dose-of-realism-for-the-chief-of-j-c-penney/…

    • 5166 Words
    • 21 Pages
    Best Essays
  • Powerful Essays

    Best Buy Company is one of the leading companies in US and Canada dealing with the retailer of the consumer electronics. The company has over 400 stores worldwide offering a wide variety of products worldwide , among the company’s major products include the following ; mobile phones, gaming systems appliances, computers , televisions among other components and accessories. However, the company has adopted a variety of strategies that sees it enter successfully into the competitive markets; for instance, it has developed a culture that promotes excellence customer services, minimized or no commission on some products, employing highly experienced and skilled staffs . These have seen the Best Buy company expand to many successful branches and increased production over some a good period of time.…

    • 2103 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Best Buy is a growth company focused on better solving the unmet needs of our customers, and we rely on our employees to solve those puzzles” (Best Buy, 2009-2015).…

    • 2034 Words
    • 9 Pages
    Better Essays
  • Better Essays

    Most popular items they carry are computers, mobile phone, TV, appliances, and much more. The SWOT analysis that I did on this company is as following. Best Buy strengths are listed as following: Over two decades of brand presence, with at least one decade of extremely strong brand recognition within the US, longstanding relationship with vendors, and well-known brands. Their weakness is an area they must improve if they want to stay ahead of their competitors. For example, too many brands, poor inventory management, recent senior Leadership turnover, and weakening financial situation. Their opportunities are as following: lower overhead costs, online retailers are poised to, experimenting with, offering same-day delivery via courier, and increasing need for IT Outsourcing. The threat best buy is facing are as following: low frequency of television upgrades, cheap retailers such as Walmart, and exchange rate fluctuation. Their top competitors are Amazon, Digital River, and…

    • 1663 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Best Buy Analysis

    • 12713 Words
    • 51 Pages

    According to the Best Buy’s corporate website, the company’s “unofficial” mission statement is simple, “We’re a growth company focused on better solving the unmet needs of our customers.”1 Upon reviewing this statement, our team was motivated to construct a unique plan that expands Best Buy brand and influences new target markets, while also continuing to provide growth and development in Best Buy’s products and services. Our initiative is to develop smaller stores that feature a condensed selection of consumer electronics, these stores will be strategically placed in areas where customers have unmet needs. The products, services, and staff offered will, high quality and knowledgeable service. These condensed stores will focus on the…

    • 12713 Words
    • 51 Pages
    Powerful Essays
  • Powerful Essays

    Nordstrom vs. Macy's

    • 1282 Words
    • 6 Pages

    Historically speaking, Canada has never been a great market for American retailers. The Canadian dollar was weak, costs were higher, and with limited real estate development, it was difficult to find space. Not anymore, now the door to Canada is opening wider than ever thanks to a stronger Canadian dollar, a relatively robust economy, and a loosening of the commercial real estate market, in part because of the downsizing of some longtime retailers like Sears Canada. For American retailers, Canada’s allure is simple; sales per square foot at Canadian malls were almost 50 percent higher in 2011 than sales per square foot at American malls. This is a budding market that Nordstrom will need to act towards if they hope to keep up with the competition in the future.…

    • 1282 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Critical Analysis 1

    • 1154 Words
    • 5 Pages

    As a company, Best Buy can be held at fault for some of its performance struggles purely from an internal point of view. Best Buy is categorized as the “leading global electronics and appliance specialist retailer (Passport 4).” They have obtained such success from their warehouse type stores, with specific services offered inside (Geek Squad and MindSHIFT). Using this success as a basis Best Buy strategized to expand their stores in the United Kingdom, China, and Turkey, in hopes of expanding to obtain more revenue and more net profit. However this strategy backfired and these stores in the international market were forced to close in 2011. These store closures carried a 2.6 billion dollar charge with them, which were reflected in the 2012 fourth quarter results.…

    • 1154 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Macys vs Nordstroms

    • 2857 Words
    • 12 Pages

    [3] "Shop Around With These 6 Retail Stocks." Seeking Alpha. N.p., 07 Oct 2011. Web. 14 Oct 2011.…

    • 2857 Words
    • 12 Pages
    Better Essays
  • Good Essays

    Best Buy Case

    • 465 Words
    • 2 Pages

    Best Buy Co., Inc. is a multinational retailer of consumer electronics, home office products, entertainment software, appliances and related services.…

    • 465 Words
    • 2 Pages
    Good Essays
  • Good Essays

    The companies I chose to do this research on are Target and Walmart. The retailing market for the companies I chose is vastly different. Each of the companies has a set of customers from different age level to different income levels, but these are not the only demographics that set these two companies apart from each other. Both of these companies have the potential for growth in the future but what will be the aspects that allow these companies to grow.…

    • 634 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    I chose Best Buy and my initial impression of the store is a good one. The layout flows very well so you can easily access any part of the store. Then you can easily find where the checkout station. I feel that blue and yellow are the perfect colors to represent Best Buy; it is very eye-catching without being over the top. There are no advertisements outside of the store but once your inside they are all over the place. But it is all very well organized; the advertisements are located in areas corresponding to the products surrounding.…

    • 512 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Best Buy

    • 914 Words
    • 4 Pages

    Best Buy was founded in 1966 by the current CEO Richard M. "Dick" Schulze. Based out of Eden Prairie, Minnesota the corporation currently has 446 stores and earned over 83 million in total revenue last year. Best Buy carries a wide variety of products consisting of Major Appliances, video and audio equipment, computers, software, music, and wireless technology. When analyzing this corporation it is important to pay close attention to its current and future services and products, any problems with the corporation, the future direction Best Buy is headed, what can be done for the corporation, and what it can do for you as a consumer or employee.…

    • 914 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Website Credibility Paper

    • 593 Words
    • 3 Pages

    Best buy is a very credible website. It is a well known retail store and has all the information to contacting any store or even corporate so you know who the author of the site is and that they have knowledge of the items that are sold which is facts not opinions. The information is not biased. It strictly states facts of the products they sell. The information is from an established organization and the information originate from the makers of the products. The website is reliable because it is trust worthy as having many years of being a well known company and is a sponsored website with the intent to inform about the products that they sell from cheap to very expensive. All the information is current and is updated weekly with new sales ad and there are new products posted every month on the website. What is also nice is you can see reviews of the product form people that have used it so you can use their opinions to help with your decision on what to buy.…

    • 593 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Best Buy is a multinational retailer of consumer electronics from the United States and operates in the United Kingdom, Canada, Turkey, Mexico, China as well as its home country. Started as the Sound of Music in 1966 as an audio specialty store by Richard M. Schulze, it was later changed to Best Buy Co., Inc. by the board of directors in 1983 and is now the leading consumer electronics retailer in the United States (Pederson 2004). Best Buy sells consumer electronics as well as a wide selection of related merchandise such as music, mobile phones, computers, computer software, DVDs, Blu-ray discs, video games, digital cameras, video cameras…

    • 3458 Words
    • 14 Pages
    Best Essays