Preview

Department Stores

Good Essays
Open Document
Open Document
846 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Department Stores
Group Case Study Nundies
Define the Problem or Objective:
Nundies a unique brand of stockings introduced to the market fall 2006. The item to be sold at women’s boutique and specialty shops as well as 10 Neiman Marcus department stores throughout 40 states. Management problem did not seem to be the distribution of the new item in which they shipped out 11, 383 units of Nundies to stores through December 2007 and sold 2007 units online. A unit of Nundies consisted of a package of 5 liners. Nudies is a single use disposable panty that sticks to the inseam of womans pants, leggings, athletic wear, shorts, and jeans. Management seemed to have a difficult time trying to figure out the right strategy to use in an effort to increase the overall repurchase order rate in order to increase the company objective of sales and profits for the 2008 fiscal year. As a note there are other areas that present a problem for the company as well. A.) repurchasing orders are not meeting the goals set,
B.) The company also noticed that reorders were only about 10% of the total units sold, C) The online purchases were viewed as a positive, however it was not used frequent enough to measure reorder, D.) One big issue was the amount of panty liners per package, E) The staff at the retail strores thought that Nundies would sell themselves. This was a clear example of communication breakdown. E) To add to the communication issue the sales personnel were not trained to educate the consumer about the product or to even suggest trying the product. F) The other issue that seem to be of big concern was that the displays were getting lost in the stock rooms.

Jones 2
Fact:
Nundies generated 60% of sales from their largest customer which was Nieman Marcus however low re-order. The company first focus on its marketing concept: How they were going to deliver the new product from its current product lines. The unique idea of required development capabilities into consumer

You May Also Find These Documents Helpful

  • Powerful Essays

    Hmc Essay

    • 1065 Words
    • 5 Pages

    its sales but is, unfortunately, not able to keep up with demand. The company currently has unfilled orders of…

    • 1065 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Also the company should integrate its current marketing plan to ensure all sponsorships and endorsements contribute to the value of their offerings. Continued technology development in the apparel industry can help Under Armour stay as a main competitor in the sportswear market.…

    • 1564 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Defines financial or marketing objectives, eg sales volume, cash flow; change in market share, average selling price…

    • 2602 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Quick! Name the first company that comes to mind for the following products: facial tissue, photocopiers, and jeans. Did you answer Kleenex, Xerox, and Levi’s? I bet you did. The #1 apparel brand for brand awareness and recognition, “Levi’s” is virtually synonymous with “jeans.” In the past several years however this strong brand recognition has failed to translate into sales growth and in fact the company has seen a progressive decline over the last 5 years.…

    • 3219 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    New Heritage Doll

    • 1651 Words
    • 7 Pages

    Match My Doll Clothing Line Expansion is the the most compelling opportunity. This initial recommendation is based solely on a qualitative comparison of the cases and the financial exhibits provided by the brand managers. A SWOT (Strength, Weakness, Opportunity, & Threat) analysis was used to aid the decision process. See Tables 1 & 2 for SWOT analysis.…

    • 1651 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Walmart

    • 792 Words
    • 4 Pages

     Free trade zone: Wal-Mart encountered a problem that its imports charges on many of the goods from America. Thus prevent Wal-Mart from being able to offer its “Every Day Low Prices”. After the implementation of NAFTA, Mexico, U.S and Canada become free trade zone. Wal-Mart can reduce the tariffs on American goods sold to Mexico from 10 percent to 3percent. That can decrease their cost for the products.  Solve logistical problem: The transportation of Mexico is really poor. The poor road and scarcity of delivery trucks contribute to the high logistics cost. However, the implementation of NAFTA solves the problem. Because NAFTA encourages Mexico to improve its transportation infrastructure, the logistical cost becomes lower.  Reduce the human cost: The signing of NAFTA opens the gates wider to foreign investment in Mexico. Wal-Mart builds manufacturing plants in Mexico because of the cheap labors. As companies began to build manufacturing plants in Mexico, Wal-Mart can buy these products without paying the high import tariffs. To sum up, lower human cost makes lower import tariffs and thus leads to cheaper products. Therefore, Wal-Mart is really success in Mexico.…

    • 792 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Walmart

    • 12709 Words
    • 51 Pages

    Wal-Mart’s history is more than just the stores they have built, the partnerships they have made and the customers they have served.…

    • 12709 Words
    • 51 Pages
    Good Essays
  • Good Essays

    Walmart

    • 603 Words
    • 3 Pages

    This paper will discuss the supply chain of the global business Wal-mart. It will also discuss the potential problem that can occur with the type of supply chain they use.…

    • 603 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Walmart

    • 3027 Words
    • 13 Pages

    Financial Services provided by Wal-Mart include debit cards, credit cards, check cashing, money transfers, bill payment and check printing. The annual fee is waived for customers with credit cards. Debit or credit cards can be applied online and also by coming to the store. MoneyGram, a money transfer service is provided at a very cheap rate. Customers can purchase gift cards, money orders and cash checks.…

    • 3027 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Walmart

    • 678 Words
    • 3 Pages

    What is the Successful of • • Founder of Sam Walton is the founder of retail giant Walmart. He was born in 1918 in Kingfisher, Oklahoma. • When his military service ended in 1945, Sam moved to Iowa and then to Newport, Arkansas. During this…

    • 678 Words
    • 3 Pages
    Powerful Essays
  • Powerful Essays

    Walmart

    • 3760 Words
    • 16 Pages

    This paper is an analysis and evaluation of Wal-Mart and the future venture into the retailsector of India. The challenges that Wal-Mart needs to resolve to become successful range fromthe cultural differences to problems with supply chain management in India. The analysis belowidentifies the challenges of many factors dealing with the Wal-Mart, Bharti and the Indian retailsector. These factors for Wal-Mart would deal with the ability to operate in India efficiently asthey do in the US. In addition, Wal-Mart to be successful will have to sort out problems with thegovernment, culture differences and the partnership with Bharti. These factors for Wal-Mart andBharti will be presented in more specific detail through a SWOT analysis. The analysis willevaluate Wal-Mart as a company in relation to the future operation in the Indian market. Thenthe Bharti Company will be analyzed using a SWOT to pin point how the company will fit intothe overall plan of Wal-Mart operating in India. The report will further evaluate the Indian retailsector through a competitive industry analysis using the Porter’s 5 forces model. This model willdetail the threats to the market entry, supplier power, buyer power, availability of substitutes andcompetitive rivalry as they relate to the India retail sector. The report will then offer alternativesfor the Wal-Mart company. These alternatives would include not progressing forward withinIndia, chose a global market with less regulation, focus business to become s specialized retailer and collaborating with a different company other then Bharti to expand in the Indian retail sector.The analysis will close with recommendations to focus changes on the culture, consumer behavior, collaborating with current vendor and suppliers and work to improve the image of Wal-Mart and how the company can make positive changes in the retail sector for the people of India.2…

    • 3760 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    Walmart

    • 3046 Words
    • 13 Pages

    This research is going to be conducted in order to explore the potential of an opportunity in the Dutch market. It is a scientific way of solving a business problem and therefore it can be classified as Applied Research. The business problem is the unknown (and potentially negative) outcome of the decision to enter the Dutch market. It can be viewed both as a threat and as an opportunity (unknown potential). The purpose of the research is to identify this potential. We have decided to undertake it to avoid costs of a potential failure on an unexplored market; it will reduce the chance of making a wrong decision. This is why we believe it is value exceeds its cost. The research is also worth it because it has symmetry of its outcomes. It will succeed as long as it provides information, regardless of it that information’s character (positive or negative). This is because it would have reduced the chance of our client making a wrong decision. The research is necessary because this product has never been introduced to the Dutch market before. This means that data on its performance in this particular environment does not yet exist. We know this because the only company, which manufactures this product, is our partner – Royal Brands. Our preliminary secondary data search indicated that there is no product currently on the Dutch market, which possesses the…

    • 3046 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Nike Running

    • 854 Words
    • 4 Pages

    (c) Consider the steps you went through before, during, and after buying and using the product.…

    • 854 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Clothing Retailers

    • 146659 Words
    • 587 Pages

    All rights reserved No part of this publication may be reproduced, copied, stored in an electronic retrieval system or transmitted save with written permission or in accordance with the provisions of the Copyright and Patents Act 1988. Published by Key Note Ltd. 5th Floor Harlequin House 7 High Street Teddington Richmond Upon Thames TW11 8EE t: O845 504 0452 f: O845 504 0453 e-mail: reports@keynote.co.uk Stringent efforts have been made by Key Note Ltd. to ensure accuracy. However, due principally to the fact that data cannot always be verified, it is possible that some errors or omissions may occur; Key Note Ltd. cannot accept responsibility for such errors or omissions. Details supplied by Key Note Ltd. should only be used as an aid, to assist the making of business decisions, not as the sole basis for taking such decisions. Corporate Telephone Preference Service (CTPS) Under the new Privacy and Electronic Communications Regulations 2004 it is unlawful for a business to make an unsolicited sales & marketing call to a corporate subscriber if they are either registered with CTPS or have requested NOT to receive such calls. Key Note holds and regularly updates (at least every 28 days) their data in accordance with the regulation and ensures their data is compliant, as of the date created. However it is the responsibility of the caller to ensure this data is up to date and as such Key Note do not hold themselves liable for any subsequent legality. If you have any queries regarding the CTPS legislation you may find the following website useful www.informationcommissioner.gov.uk Or our website www.keynote.co.uk…

    • 146659 Words
    • 587 Pages
    Powerful Essays
  • Good Essays

    ™ apparel & textiles At the fore-front of Fashion and Lifestyle Synonymous with elegance and effortless style, Wills Lifestyle presents a premium fashion wardrobe for men and women. With a tempting choice of Wills Classic formal wear, Wills Sport casual wear, Wills Clublife evening wear, Wills Signature designer wear, Essenza di Wills fine fragrances, Fiama di Wills bath and body care products and premium Accessories, Wills Lifestyle offers a truly delightful experience for the discerning consumer. also acknowledged the performance of the brand across marketing campaigns, customer loyalty and retail practices. Blaze to Brilliance ITC marked its foray into lifestyle retailing with the launch of its Wills Lifestyle brand in 2000.…

    • 981 Words
    • 4 Pages
    Good Essays