Colombo Soft-Serve Frozen Yogurt In 1994‚ General Mills Incorporated‚ a $6 billion consumer goods company‚ acquired Colombo Frozen Yogurt. General Mills Inc. (GMI) believed they could add Colombo frozen yogurt to their existing product lineup to increase net sales with little addition in marketing cost. Frozen yogurt is sold through two distinct segments – independent shops and impulse locations such as cafeterias‚ colleges‚ and buffets. Frozen yogurt is the main business for the shops whereas
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5- 2 Colombo Soft-Serve Frozen Yogurt 1. Briefly summarize Colombo’s competitive environment and General Mills’ strategy in response to that environment. • Competitive environment: o franchise operations such as TCBY and Freshens streamlined frozen yogurt business causing it to be: more efficient to operate easier marketing cost effective o Foodservice operators (Impulse locations) began offering soft-serve yogurt o Caused independent yogurt shops (Colombo Soft-Serve primary clientele
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Case 5-2 Colombo Soft-serve Frozen Yogurt 1) Colombo Yogurt Company faces competition in two different channels‚ namely the independent yogurt shops and impulse shops that sell other products besides yogurt. During the early 90s‚ Colombo’s competitive environment consists mainly of franchise operations like TCBY and Freshens. The size of these franchise companies that account for most of the independent yogurt stores pose a serious competition to Colombo and by the early 90s‚ the yogurt stores
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Part Four Project Redesigning Business Processes for Healthlite Yogurt Company 599 Healthlite Yogurt Company‚ a U.S. market leader in yogurt and related health products‚ is experiencing sharp growing pains. Healthlite’s sales have tripled over the past five years. However‚ new local competitors‚ offering fast delivery from local production centers and lower prices‚ are challenging Healthlite for retail shelf space with a bevy of new products. Healthlite needs to justify its share of shelf
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fitness. These days‚ consumers are more inclined towards healthy options. With this said change in culture‚ frozen yogurt was able to adapt and provides consumers with a healthy alternative that can cater to various taste preferences. Yogurt is known to be sour in nature. Many companies have been able to maintain its flavor but at the same time were able to alter the generic taste of yogurt that satisfies various types of consumers. Since this topic is new in nature‚ the researchers decided to further
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Case 5-2 Columbo Soft-Serve Frozen Yogurt In 1994 General Mills Incorporated (GMI) acquired Columbo Frozen Yogurt in an attempt to expand their existing product lineup as well as increase net sales while keeping marking costs relatively the same. Colombo Yogurt Company has a long history of producing frozen yogurt having been in the business since the early 1980’s. Sales of their frozen yogurt is typically sold through two separate and distinct segments‚ independent shops that cater specifically
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a. 1‚000.00 1‚300.00 $ 1‚690.00 $ 2‚197.00 $ 2‚856.10 b. 860.00% 213.54% 125.25% 79.06% 860.00% 449.00% 308.00% 232.00% c. 1.0 9.6 30.1 67.8 121.4 a. 1‚000.00 1‚300.00 $ 1‚690.00 $ 2‚197.00 $ 2‚856.10 0.10% 0.74% 1.78% 3.09% 4.25% d.
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YOGURT INTRODUCTION There are thousands of microorganisms present at almost every surface. Some of them are pathogenic which causes diseases but most of them are useful especially in the food industry (Lasztity‚ n.d.). Microorganisms have been used for preparing food products such as cheese‚ bread‚ yogurt‚ etc‚ for a long period of time without even knowing that the process involves fermentation of the starting material (Pai‚ 2003). Fermentation is the process of utilizing nutrients anaerobically
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Walmart being the largest retailer in history you can come to the agreement of it being good for the united states of america becuase of wealth‚ merchandise‚ and growth. Wal-mart stores operates more than 8‚000 stores‚ employs more than 2.1 million people‚ and sells more than $400 billion of goods every year. (walmart.com) Wal-marts are huge and are everywhere and its sizes enables it to provide services that other retailers could not. it has become a part of our modern economy. Knowing that Wal-mart
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The main consumers of yogurt in the Philippines are Filipino kids. Probiotic drinks are found to be popular among these kids. The stress on the health benefits made it easy for companies to target the Filipinos. There is a growing trend amongst Filipinos to be healthy. This health-conscious trend is helping both adults and children to consume more yogurts or drink it on a regular basis. The drinking yogurt industry comprises 90% of the total industry. This is expected to grow roughly around 5%
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