Summary Candace Company Analysis Nikki/Yvonne Introduction Sears is our nation’s fourth largest retailer. With over 4‚000 stores in the United States and Canada‚ Sears has grown from its humble beginnings. Sears is a leader in apparel‚ home appliances‚ home‚ lawn and garden‚ tools‚ automotive repair‚ maintenance‚ and electronics. Sears also provides home service‚ serving 11 million service calls yearly. Richard Sears founded Sears as a mail order company and it grew to be one of the largest retailers
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SEARS CASE STUDY by Robert A.G. Monks and Nell Minow -------------------------------------------------------------------------------- Introduction The great advantage of publicly held companies is that they bring together capital and managerial expertise‚ to the benefit of both groups. An investor need not know anything about making or marketing chairs in order to invest in a chair factory. A gifted producer or seller of chairs need not have capital in order to start a business. When
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Sears Case StudyBy: Manish AgarwalFor: Prof. Kara LombardiDate: 06/25/2012 | Evolutionary or revolutionary? Sears needed a huge strategic and behavior change to transform the organization for profit making business i.e. employee-customer-profit model. One of the key objectives Sears identified was to improve customer experience via employee behavioral change. In order to leap from billions of dollars in loses to millions of dollars in profit in few years can only be described as
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Question 1) Identify the ethical issues using a consequentialist and a deontological perspective. Using a consequentialist perspective‚ I can understand to a certain degree why Sears implemented their new productivity incentive plans in all of their auto centers. This approach focuses on the results‚ or consequences‚ of the action or decision. Upper management’s primary goal was to increase profits as much as possible after years of declining sales and profits. In order to achieve this result
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Why Can ’t Kmart Be Successful While Target and Walmart Thrive? What drives some companies to succeed while others languish? Successful companies develop a system of a few truly unique capabilities that help them create differentiated value for their chosen customers. Retailers provide many case studies in capabilities-driven success‚ one of the most compelling of which is the big discounter triad of Walmart‚ Target and Kmart. And in this fourth-quarter retail season‚ we thought it would be
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INTRODUCTION: Kmart is the #3 discount retailer in the US‚ behind Wal-Mart and Target. It sells name-brand and private-label goods (including its Joe Boxer and Jaclyn Smith labels)‚ mostly to low- and mid-income families. It runs more than 1‚200 off-mall stores (including 25 Super Centers) in 49 US states‚ Puerto Rico‚ Guam‚ and the US Virgin Islands. About 270 Kmart stores sell home appliances (including Sears’ Kenmore brand) and some 895 locations house in-store pharmacies. Poor sales have forced
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The case discusses the acquisition of US-Canadian aluminum company Novelis by India-based Hindalco Industries Limited (Hindalco)‚ a part of Aditya Vikram Birla Group of Companies‚ in May 2007. The case explains the acquisition deal in detail and highlights the benefits of the deal for both the companies. It also examines the valuation of the acquisition deal and how the deal was financed. The case concludes by describing the challenges that Hindalco would face in integrating the operations of
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Case Study – What Happened to Kmart? 1. Evaluate Kmart using the value chain and competitive forces models. What was Kmart’s business model and business strategy? Kmart has numerous problems with its value chain. This is evident from the suppliers sending items that the suppliers want to sell‚ shelves remaining unstocked‚ the "hand shifting" reordering process for popular items‚ products being allocated by central planners and not based on individual store demand‚ excess inventory stored in 15
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SEAR ROEBUCKS SWOT ANALYSIS Author Diane Hughes SEARS HISTORY Richard Sears was agent of the Minneapolis andSt. Louis railway station. He sold lumber and coal to local residents in his spare time. When he received a shipment of unwanted watches he purchased himself and began selling them at a good profit to other station agent up and down the line. In 1886 Sears began the R.W. Sears Watch Company. In 1887 he moved the business to Chicago and put an adin the local paper for a Watchman
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Kmart – The Game of Bankruptcy Executive Summary Under the protection of Chapter 11‚ Kmart secured $2 Billion in debt financing and successfully emerged from bankruptcy after conducting financial restructurings and business reorganization. Hedge funds saw investment opportunities from the company’s new capital structure and growth potential‚ while debtors had the chance to receive recoveries according to their level of seniorities. A deeper examination of this case also revealed a significant amount
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