Running head: SEARS CORE COMPETENCIES EXAMINED Sears Core Competencies Examined July 8‚ 2012 Sears Core Competencies Examined All companies have core competencies that they use to differentiate their company‚ product‚ or service from the competition‚ Sears is no exception. Also‚ it is common for a company’s core competencies to change‚ as their industry progresses through phases and shifts its emphasis between product and process innovations (Regis University‚ 2011)‚ Sears is no exception. Yet
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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
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stakes in the companies. When the companies come out of bankruptcy the hedge funds claims are transformed into equity in the new entity. 2. Analyze different issues surrounding a purchase by a financial or strategic buyer and their respective strengths and weaknesses. - A financial buyer is a buyer that purchases a business solely interested in the return they can achieve by buying a business. Financial buyers are interested in the cash flow generated by a business and the future exit opportunities
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company’s product or service? Sears is a retail department store which carries brands like Dockers‚ Lee‚ Levis‚ Covington‚ Laura Scott and many more in the apparel department. Along with women‚ men and children’s clothing‚ Sears also has departments of tools‚ lawn and garden‚ home fashion‚ appliances and electronics. Beside these entire departments‚ Land’s End and Two Heart maternity are two department brands rented inside of Sears. Besides hard line and soft line‚ Sears also has a large collection
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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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businesses close down each year due to other corporations taking over the market. So what can companies do in these cases? As Sears and Kmart have shown‚ a possible solution is a merger. A merger is "the combining of two or more entities into one‚ through a purchase acquisition or a pooling of interests." (Investorwords) It is thus evident that by joining forces‚ two companies like Sears and Kmart can increase their position in the market and stand a chance against other corporate giants like for example
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On November 17th‚ 2004 Kmart and Sears publicly announced the impending merger of the two struggling companies to become Sears Holding Corporation. Kmart‚ for 11.5 billion dollars would be the buyer‚ however due to strong brand name recognition and history‚ Sears would be the face of the new conglomerate. At the heart of this merger was Edward Lampert‚ an extremely successful hedge fund manager who had made a name for himself by‚ purchasing companies in the red and making them profitable once again
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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
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| Sears Holding Company | Individual Paper | | Gregory A. Squires | 10/15/2010 | | Contents HISTORY 4 Vision Statement 10 Mission Statement 12 Key Leaders 16 Organizational Culture 20 Organizational Structure 23 NAICS/SIC Codes 26 General Environmental Forces 28 Porter’s Five-Forces Model 35 Key Competitors 40 Competitive Profile Matrix 43 General Discussion on Stakeholders 46 Top 70 Stakeholders 47 Nutt&Backoff Model 53 Finn stakeholder Model
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Q1.List sears strengths and weaknesses. Then asses how well each of the proposed changes in Sears strategy will build on the strengths and work to eliminate the weaknesses? Strengths of Sears - Broad category of product offerings‚ i.e: hard side(hardware) and soft side (women apparel‚ children toys etc) of Sears - Strong retail network system - Colossal numbers of stores with huge capacities are present all over the country‚ both in and off malls. - Owner of mix of brands i.e. : strong brands
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