Preview

Supermarket and Kroger Co.

Powerful Essays
Open Document
Open Document
7218 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Supermarket and Kroger Co.
The Kroger Company: A Customer First Strategy

Ian McClintock (i.a.mcclintock@eagle.clarion.edu)
Nick Born (n.p.born@eagle.clarion.edu)
Allen Walters (a.d.walters@eagle.clarion.edu)
The Kroger Company
9/29/10
BASD 490 Section 01

Abstract: The Kroger Company is a leading grocery retail chain that prides itself on its customer satisfaction and conducting ethical business. Kroger operates nearly 2500 grocery retail stores in 31 states. An internal evaluation of the company's strengths and weaknesses are analyzed, in addition to an analysis of the company's external opportunities and threats. In coordination with this a consumer characteristic and behavior was diagnosed along with Kroger's strategic direction for its company. In addition, S.W.O.T. matrices are included in the appendix section of this report. In these matrices one can find, strengths of customer service, customer loyalty, as well as the company's diversity. Weaknesses include lawsuits, to unionization of the workforce, to poor financial figures. External Opportunities include but are not limited to reward, strategic expansion, and environmental programs. Threats to the industry like economical factors such as inflation and a recession, as well as changing food costs and high debt costs, all pose problems for Kroger. This paper will look to analyze these interior and exterior components, and the effect and appropriate concern they hold for Kroger.

Table of Contents
Introduction
History
Mission and Core Values
SWOT Analysis
Internal
External
Consumer Characteristics and Behavior
Strategic Direction
IFE Matrix (Appendix A)
EFE Matrix (Appendix B)
Works Cited Introduction: The Kroger Co. is a well known and recognizable grocery retail chain that prides itself on being a leader in the supermarket industry. When looking at annual sales, Kroger is also one of the nation’s largest retailer’s ranking at number 23 on the list of the Fortune 100.



Bibliography: Kroger 2009 Fact Sheet. (2009). Retrieved September 15, 2010, from Kroger Company Website. Kroger Reports Strong Second Quarter 2010 Results. (2010, September 14). Retrieved September 15, 2010, from Marketwatch.com: http://www.marketwatch.com/story/kroger-reports-strong-second-quarter-2010-results-2010-09-14 Lomax, A On the money: Kroger puts the customer first. (2010, September 15). Retrieved September 20, 2010, from Just Food.com: http://www.just-food.com/analysis/kroger-puts-the-customer-first_id112456.aspx The Kroger Co Thomas, R. (2010). Kroger Swot. Retrieved 09 18, 2010, from Marketing Teacher: http://www.marketingteacher.com/swot/kroger-swot.html Tucker, R

You May Also Find These Documents Helpful

  • Good Essays

    Publix strives to meet the every needs of each individual customer. Their objective is to match Publix’s products and services offered with demands from their customers to assure competitive success. Throughout the marketing division, the department ensures the customers necessities or requests drive the design and performance for the products proposed. Additionally, the marketing strategies determined would maximize the long-term profits that are effectively implemented throughout Publix’s organization. Successful implementation creates discernment among customers that illustrates marketing has successfully reached its target markets. The team of marketers believes in developing a group of expert resources and maintains a team of specialists rather than generalists. Among the…

    • 805 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Kroger is the leading grocery retailer in the United State and the biggest conventional supermarket operator in the U.S. There are more than 1300 supermarkets in 24 states across the U.S. with more than 1050 in the Kroger name. The company’s sales center on the operations of its grocery area ("History Of The Kroger Company," n.d.) Kroger is a part of the United Food and Commercial Worker’s International Union. There are many benefits to joining a union. The unionization process, union bargaining, legal issues, and the effects of unions and union bargaining are also discussed.…

    • 807 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Kroger Co Analysis

    • 461 Words
    • 2 Pages

    The need to make its own product was recognized when Kroger bought cabbage more than what the costumer was expected to buy. Kroger brought the cabbage to his mother “who, following her favorite recipe, turned it into tangy sauerkraut that proved hugely popular with his German customers.” Today, Kroger operate 37 food processing facilities that produce and make thousands of products “ ranging from bread, cookies and milk to soda pop, ice cream and peanut butter” (Stevenson).…

    • 461 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    ASDA stores, one of the supermarket giants of today, have set out to increase its in-store marketing with the hope of adding value to the whole shopping experience and “Retailtainment”.…

    • 398 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    It is hard to be a stand out company in the supermarket industry, but Wegmans seems to have found a way. Wegmans Food Market Incorporation is a major grocery retail chain in the United States. Wegmans is not just a grocery retail chain, it is also an experience. Whenever people shop at Wegmans, customers receive outstanding products and services. Through its exceptional organizational culture, emphasis on human climate, and constant employee development, Wegmans has set itself apart from every other grocery store by simply putting its “employees first, customers second” (George & Regani, 2007, p.3).…

    • 2584 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Kroger

    • 322 Words
    • 1 Page

    The career Im getting my degree in is health career manager. The site I found my information on about the salary range of my career choice is AMA American Medical Association. I believe this site is reliable because its a medical website that shows you different medical careers, it have a publications, mission statement, and AMA been around since 1847. While looking on the site it didnt have Health care manager it have Health information administrator, but its the same career. It have the salary range from 2003, so by now the salary should have gone up and from the 2003 salary range this is the career I want to go into. Starting Salary 40,000 Over average 54,700 Upper ranges 85,000 I know that I would have to work myself up to the upper ranges, but would love to start at the over average. American Medical Association. (2003). Education. Retrieved from www.ama-ass.org/ama/pub/education-careers/careers-health-care/health-care-income.page Library Search Looking on the online library, I located a journal article named Environment Scanning and the Health Care Manager. The article was very interesting to me because its for new managers coming into the work place making strategic plans for the environment that they are managing. It gives me ideals of what I should do as a health care manager when I go into a health care facility. The article explains if you dont take the time to make strategic plans for environment the facility you work could get lose money, staff, or even close down. As a manager you should know what you are dealing with in the work place and make plans to deal with them. Bamberg, R Layman, EJ. Environmental Scanning and the health care manger. Health Care Manager. 2005.July September 23(3). Y, dXiJ(x( I_TS 1EZBmU/xYy5g/GMGeD3Vqq8K)fw9…

    • 322 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    James Hardie Industries Ltd

    • 3514 Words
    • 15 Pages

    However, builders did not like the siding. It was heavy, hard on saw blades, and showed any flaws in a poor frame job. Meanwhile, there were other fiber cement sidings available so a builder or home improvement center that decided to use or carry the product would frequently buy on price.…

    • 3514 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    Article Critique

    • 1619 Words
    • 5 Pages

    The people of London, England that we will market to are people that are music lovers and that have been looking for music, nightlife, good food, and an opportunity to travel will be able to experience all that Austin has to offer. The current business comes from local…

    • 1619 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    The company is in need of revitalization. In October of 2017, Kroger made several executive changes to senior management. Katie Wolfram, president of the Central Division at Kroger, retired in early November. Fred Morganthall, vice president of the retail operations division, also retired in November. Mike Donnelly, executive vice president of merchandising, has now acquired the additional role of managing both merchandising and operations (Schilling, 2017). This change allows Kroger to achieve collaboration by the formation of teams across the merchandising and operations divisions. The executive changes are also vital to the success of Kroger’s new strategy called “Restock Kroger Plan”. This initiative involves taking a more data driven approach and leveraging technology to improve profits and ultimately change the method of how customers purchase food. Additionally, the company will be able to position itself accordingly to provide the best overall customer…

    • 851 Words
    • 4 Pages
    Good Essays
  • Best Essays

    The study analyzed the customer relationship management, changes in consumer behavior, business environment, and PESTEL, which is very important in strategic and competitive study of an organization, especially in the retail and service industry. Since the retail industry undergoes very diverse change almost everyday, it is just right that Tesco’s strategy on change examined.…

    • 4044 Words
    • 17 Pages
    Best Essays
  • Powerful Essays

    Caso Mcdonald´S

    • 9659 Words
    • 39 Pages

    Whether in Moscow or Massachusetts, the same experience would greet a customer in any of the 12,611 McDonald’s quick-service restaurants worldwide. McDonald’s had distinguished itself in the quick-service industry through its remarkable consistency across all units. To competitors and customers alike, the Golden Arches—the corporate emblem that adorned every restaurant— symbolized pleasant, fast service and tasty, inexpensive food. In the United States alone, McDonald’s served over 20 million customers every day.1 Although such a number testified to the restaurant chain’s success, it also suggested a troubling question for management. With McDonald’s already serving so many customers, how could it possibly attract more business? External pressures reinforced the dilemma. Demographic trends were reshaping American eating habits while competitors were attacking the quick-service giant from all sides. From chains specializing in speed and service, to those offering wider variety and those that featured deeply discounted menus, McDonald’s faced competitors poised to challenge the industry leader on all fronts. McDonald’s had built its success on a legendary operating system that amazed competitors and the financial community by generating an average annual return on equity of 25.2% from 1965 through 1991, and an average annual earnings growth of 24.1%. However, sales per unit had slowed between 1990 and 1991, causing management to wonder whether the company’s operating system, so vital in guaranteeing uniform quality and service at every McDonald’s outlet, was suited to the new circumstances the company faced. Consumers were changing: in addition to an increasing, yet variable, concern for ‘healthy’ food, there was a growing concern for the environment among consumers. A study of Americans in the summer of 1989 had found that 53% of those questioned had declined to buy a product in…

    • 9659 Words
    • 39 Pages
    Powerful Essays
  • Better Essays

    Supermarket

    • 1947 Words
    • 8 Pages

    Today, more than ever, marketers can harness the types of customer data that used to be available only to the most sophisticated consumer marketers. Website traffic & awareness, online marketing programs, traditional lead generation, customer satisfaction, even product usage data are suddenly at the fingertips of many marketers.…

    • 1947 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Today every businesses treat customer as king and aware that only exceptional level of customer service can differentiate them from the competition in an increasingly saturated marketplace. Customer is often treated as the asset of the company and considered in the strategic level decision making. Therefore I certainly agree with this frequently used marketing cliché “customer is king”. To better explain my position I have presented my views based on two contexts. The first being how customer is king? This is explained by describing the customer’s role in the evolution of the retail food industry and its implications. The second being why customer is king? This is explained by detailing the significance of customers in the retail food business.…

    • 2279 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Supermarket

    • 3621 Words
    • 15 Pages

    This article is about the type of food store. For the 2006 comic Supermarket, see Supermarket (comics). For the album, see Supermarket (album).…

    • 3621 Words
    • 15 Pages
    Good Essays
  • Satisfactory Essays

    Supermarkets

    • 346 Words
    • 2 Pages

    Consuming has never been about the basic needs, some people argue that consuming has become about peoples individual identities and self-expression. On the other hand others argue that families and peoples communities help shape how they consume.…

    • 346 Words
    • 2 Pages
    Satisfactory Essays