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 ANALYSIS 9 Demographic Segment 9 Age structure 10 Ethnic Mix 10 Income Distribution 10 TABLE OF CONTENTS (CONT) Technology 12 Economy
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MGT 5700 Jan 31st 2013 Case 2 Wal-Mart in 2010 Wal-mart is the one of the largest retailers in the United States. There are three main retailers store which are Wal-mart‚ Target‚ and Kmart in the US. Wal-mart is the best store so they have a lot of competitors in the US. Target and K mart are not only the competitors also all other discount retailers and small markets. Wal-mart sells almost everything so they have many competitors. For electric‚ Bestbuy is their competitors. Also‚ online market
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Introduction Wal-Mart the world’s largest retailer in 2006‚ next to only Exxon Mobil‚ with an 8.9% retail store market share in the US and a global turnover of $312 billion‚ is the most famous example of a successful retail strategy. However‚ Wal-Mart’s international operations spread across 14 markets outside US‚ has been a mixed bag of experiences for the company. Despite Wal-Mart’s impressive track record and strength‚ the question is‚ "How can it stay ahead?" given the rapidly changing retail
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prices 2. – selection ‚ choice‚ support of locals Owners 1. The Walton Family 2. WalMart Shareholders 3. Board of Directors of WalMart 1. – Reputation‚ money 2. -/+ Dividends and Growth 3. – Reputation Community/Environment 1. Sears‚ Target‚ Kmart 2. Al Norton‚ comm.. activitist 1. – Market share to Wal Mart 2. + fame‚ website income Recommendations Model (page #‚ statement‚ application to case‚ LONG TERM implication using this week’s assigned reading relating it to the case and then adding
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WAL-MART CASE STUDY ANALYSIS SWOT STRENGTH ▪ Information Technology : They have a strong information technology system as implemented EDI‚ Information system‚ UPC at POS‚ Satellite system‚ Pick to light system‚ Vendor management inventory system which was not implemented by any other competitor. ▪ Supply Chain (Strong). They had a long term relationship with the supplier as there was no non sense negotiator as they eliminated the manufacture representative from negotiation with the suppliers
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Factors That Affect Management Functions University of Phoenix MGT 330 Organizational Ethics and Social Responsibility David Mallory September 3‚ 2009 The Factors That Affect Management Functions Introduction There are many things that have an effect on the four functions of management; planning‚ organizing‚ leading‚ and controlling. Defined as Enterprise Environmental Factors‚ or any or all external environmental factors and internal organizational environmental factors that surround or influence
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Strengths The company Sears belongs to the parent company‚ Sears Holdings Corporation who is also the parent company of Kmart Holding Corporation and Roebuck and Co. The company was founded in 1886‚ making it one of the oldest retail companies to exist. The locations Sears operates are in the United States as well as parts of Canada and Mexico. As stated in the 10-K form by sec.gov: “Full-line Stores—894 broad line stores‚ of which 842 are full-line stores located across all 50 states and Puerto
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price‚ to achieve their company philosophy of low prices and great customer service. Being in the retail industry‚ Wal-Mart can choose from many suppliers that provide its various stores with inventory‚ general buyers‚ and competition; including Kmart‚ Sears‚ Target‚ Costco discount stores also the local mom and pop stores in various neighborhoods. b) 5- Forces framework A good source of the industry analysis is Porter ’s Five Forces Model. It consists of threat of new entrants‚ bargaining power
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Environmental Analysis of Target Corporation Darylisha Jones STR/581 September 12‚ 2011 Tonicia Riley Environment Analysis of Target Corporation Target Corporation is one of the largest merchants in the world. Target is recorded to be the sixth largest retailer within the United States. Founded by‚ George Dayton in 1902 Minneapolis‚ Minnesota. Target stores have a variety of products which includes everything from clothing to automotive and electronics. It is a corporation that
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I. Mission Statement: II. External Environmental Analysis a. Remote environment these are the factors‚ which affect all businesses‚ and frequently‚ neither the business nor the industry has any control over them examples: i. Entry barriers ii. Social iii. Political iv. Technological v. Ecological factors vi. Economic factors: The economy has a major influence over the retail industry. Target ’s market has a very broad scope. When the economy affects the purchasing ability of its customer
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