Target Corporation Strategic Report Linda Hahn Lisa Kwak John Palys April 20‚ 2005 Target Corporation Table of Contents Executive Summary .......................................................................... 2 Company History .............................................................................. 3 Financial Analysis ............................................................................. 5 Competitive Analysis: Porter’s Forces......................................
Premium Target Corporation Wal-Mart Department store
Part 1 1.) provide an overview as follows; type of retailer‚ headquarters location‚ annual volume‚ sales growth trend‚ number of store locations‚ target market‚ geographic markets served‚ products/services offered and channels of distribution provided. Note: this will require use of one of the library data bases‚ such as Hoovers or Data Monitor. Wal-Mart (Wal-Mart) founded in Arkansas in 1962 by American retail legend Mr. Sam Walton and the head quarter is also located in Bentonville‚ Arkansas
Premium Target Corporation Wal-Mart Department store
Walmart’s History in a nutshell Sam Walton‚ in the city of Rogers‚ opened Walmart’s first store in 1962 Arkansas. Seven years later (1969) the company was incorporated as Walmart Stores Inc. and was already listed at the NY stock market in 1972. What started with a single store in Arkansas became one of the most powerful multinational companies in the world‚ serving more than 200 million clients weekly in 28 countries. Value Walmart provides his stakeholders Sam Walton believed from the
Premium Wal-Mart Kmart Target Corporation
Ever since Sebastion S. Kresge opened the first kmart on March 1‚ 1962 in Garden City‚ Michigan; kmart has become a popular discount franchise with hundreds of stores across the nation. Kmart has gone through bankruptcy and joined with other companies along the way‚ but the store still remains in business with a loyal customer basis. Kmart‚ now a wholly owned subsidiary of Sears Holdings Corporation‚ operated a total of 1‚307 Kmart stores across 49 states‚ Guam‚ Puerto Rico‚ and the U.S. Virgin
Premium Hypermarket Kmart Retailing
Sears Holdings Corporation is a company that came from two very well known organizations‚ Sears and Kmart. Both companies go back even farther than the 1900s and unfortunately both companies experienced financial difficulty at one point. With the merger Sears Holdings Corporation has the experience of both organizations as well as their different style of operating. Along with an improved customer base and a new outlook Sears Holdings Corporation is experiencing financial growth. Richard W. Sears
Premium Sears Holdings Corporation Kmart Sears
business. The Kmart Corporation is a discount store focused selling a great product. Kmart provides a variety of products‚ services‚ and great prices for every type of customers. These products include clothing‚ appliances‚ toiletries‚ pharmacy‚ electronics‚ tools‚ linen and houseware. The achievement of being the third largest discount store in the United States and focus on bringing great products and services to customers. Business‚ Product‚ and Customers: Mission Statement. Kmart Corporation is
Premium Wal-Mart Kmart Discount store
was called 5& 10 on the downtown square. During 1962 Sam Walton open his first Wal-Mart in Rogers‚ Arkansas. This happened when grocery stores were becoming popular and Mr. Walton wanted to take advantage of the opportunity so he decided to follow Kmart and Target. Today Walmart has over 8‚500 stores in 55 different countries having more than 1.4 million employees. Walmart has built its empire of being a store who offers everything from a vision store‚ pharmacies‚ haircuts‚ groceries‚ crafts‚ clothing
Premium Wal-Mart Kmart Target Corporation
"Democratic and Republican Parties Both Get Strong Support from Retailers." About.com Retail Industry. N.p.‚ n.d. Web. 17 Apr. 2014. . 3 Berman‚ Jillian. "Sears Kmart Stores Closing: At Least 100 Stores To Shut Down Retailer Says." The Huffington Post. TheHuffingtonPost.com‚ 27 Dec. 2011. Web. 17 Apr. 2014. 4 Berman‚ Jillian. "Sears Kmart Stores Closing: At Least 100 Stores To Shut Down Retailer Says." The Huffington Post. TheHuffingtonPost.com‚ 27 Dec. 2011. Web. 17 Apr. 2014. 5 Tode‚ Chantal
Premium Sears Holdings Corporation Kmart Retailing
is one of the largest retail stores in the US and has a wide range of subsidiaries. It established major national brands‚ such as Kenmore‚ Craftsman‚ Lands End‚ and DieHard which are all highly valued. After it merged with Kmart in 2005‚ the company began renovating some Kmart stores and converting them to the Sears format. Its current products are diverse‚ including household hardware‚ home appliances‚ electronics‚ clothing‚ office supplies‚ etc. Sears‚ like the other retail stores like Best Buy
Premium Kmart Department store Sears Holdings Corporation
Plan to Rescue Sears BACKGROUND Edward Lampert purchased Kmart in 2003 and Sears‚ Roebuck& Company in 2004 when they were almost bankrupt. Sears holdings have been operating both Sears and Kmart stores since 2004. According to factSet‚ sears holdings had cash and short-term investments of about 2.09 billion dollars since its creation until January 2011. In mid-January 2011‚ a report by national retail federation stated that the sales of Kmart dropped by 4.4%‚ and this placed Sear Holding at a state
Premium Sears Holdings Corporation Kmart