Preview

Case Study: Merry-Go-Round Enterprises Inc.

Good Essays
Open Document
Open Document
324 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Case Study: Merry-Go-Round Enterprises Inc.
Weeks before Christmas 1993, retailer Merry-Go-Round Enterprises Inc. was in trouble. Its stores catering to teenagers were eerily empty, thanks to an ill-timed bet on bell-bottom trousers and oversized hip-hop clothes. As losses piled up and suppliers threatened to bolt, the company turned to a newly hired law firm to find turnaround experts who could save it. The lawyers' recommendation: Bring in consultants from Ernst & Young.
To worried creditors, the solution for Merry-Go-Round was obvious: Close hundreds of money-losing stores as fast as possible, to stop hemorrhaging cash. Time is of the essence when a retailer gets in trouble, and one that is in Chapter 11 of the bankruptcy act -- as Merry-Go-Round soon was -- is free to break store
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Case Study: Kootenay Bicycle Company
    • 4889 Words
    • 20 Pages

    Case Study: Kootenay Bicycle Company

    Operational efficiency is also addressed with a detailed implementation plan. By implementing the strategic and operational recommendations discussed in this report, Kootenay is destined for both short and long term sustainable growth.…

    • 4889 Words
    • 20 Pages
    Powerful Essays
    Read More
  • Good Essays

    Case StudyCushings
    • 1227 Words
    • 5 Pages

    Case StudyCushings

    Cushing’s syndrome is the term used to describe a group of symptoms that occur when a persons’ cortisol levels are too high (known as hypercortisolism) for too long. The majority of people have Cushing’s syndrome because they are regularly taking certain medicine(s) that continually add too much cortisol to the body. Doctors call this an “exogenous” (outside the body) cause of Cushing’s syndrome. Other people have Cushing’s syndrome because something is causing the adrenal gland(s) to overproduce cortisol.5 Doctors call this an “endogenous” (inside the body) cause of Cushing’s syndrome.…

    • 1227 Words
    • 5 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Case Study: Type of Industry
    • 457 Words
    • 2 Pages

    Case Study: Type of Industry

    78 firms regarded themselves as part of the construction industry whereas the other 82 firms regard themselves as part of the mining industry.…

    • 457 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Crowning Glory LLC Case Study
    • 371 Words
    • 2 Pages

    Crowning Glory LLC Case Study

    Crowning Glory LLC, is a limited liability company. According to Business Dictionary, A limited liability company (LLC) is a corporate structure whereby the members of the company cannot be held personally liable for the company's debts or liabilities. Limited Liability companies are essentially hybrid entities that combine the characteristics of a corporation and a partnership or sole proprietorship (Business Dictionary, n.d.).…

    • 371 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Company Case Study: J. C. Penney Co.
    • 54 Words
    • 1 Page

    Company Case Study: J. C. Penney Co.

    This case study about J. C. Penney Co. is about how a company is endeavoring to increment profitability by attracting the best assets in business and customers. Lowering prices, marking down prices, and offering standardized products rather than unique and “designer” (Case Study, pg. 2) product are what this company's strategy is all about.…

    • 54 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Good Essays

    Case Study: Trader Joe's Company
    • 860 Words
    • 4 Pages

    Case Study: Trader Joe's Company

    There is a long ongoing battle that is being waged between unions and business since the rise of large corporations. Unions were created to fight higher official corruption and to protect workers from unfavorable conditions and unfair treatment by top-level officials, companies take extreme measures to prevent the creation of unions within their organizations. There are positive and negative effects for both nonunion and unionized companies. Preventing workers from unionizing is a difficult task for organizations especially as they expand into the global arena. More is demanded from employees usually with little added benefits (thus the reason for unionization). A notable successful company is Trader Joe’s, who’s business strategy and cultural…

    • 860 Words
    • 4 Pages
    Good Essays
    Read More
  • Powerful Essays

    BUS 490 assignment 1
    • 1208 Words
    • 5 Pages

    BUS 490 assignment 1

    Mourdoukoutas, P. (2012, February 2). Will Sears Survive Another Strategic Mistake?. Forbes Magazine, Retrieved from http://www.forbes.com/sites/panosmourdoukoutas/2012/02/25/…

    • 1208 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Good Essays

    Fin 571 Learning Team Reflection Paper
    • 535 Words
    • 3 Pages

    Fin 571 Learning Team Reflection Paper

    Finagle a Bagel is a young, growing business that applies the working capital trade-off strategy to manage their working capital (Parrino, Kidwell, & Bates, 2012). Married entrepreneurs purchased the business when it was a few years old and had four to five stores (University of Phoenix, 2014). The owners encountered many of the same issues commonly associated with running a young business. They had to learn to deal with customers, vendors, and suppliers; however, the larger issue was discovering how to manage their working capital. Maintaining and continually producing working capital is imperative for any…

    • 535 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Big Time Toymaker Case Scenario Essay Example
    • 737 Words
    • 3 Pages

    Big Time Toymaker Case Scenario Essay Example

    I do not think the two parties involved ever had a contract. In the scenario, the parties reached an agreement only three days before the end of a 90-day deadline set in the original negotiation contract. In the original negotiation contract, it states that there would be no distribution contract unless it was in writing. When the BTT manager sent the e-mail to Chou, he mentioned the terms of a distribution agreement, but it does not make the email a contract as neither party signed it. Only an oral agreement was reached. Without a legally binding draft and the signature of both parties present, no contract existed.…

    • 737 Words
    • 3 Pages
    Good Essays
    Read More
  • Better Essays

    A Case Study: "Nordstroms" a Upscale Department Store
    • 2423 Words
    • 10 Pages

    A Case Study: "Nordstroms" a Upscale Department Store

    Levinson, Meridith, 2005, “A season on the brink.” Retrieved February 22, 2011, from http://www.cio.com Web site: http://www.cio.com/archive/120105/retail.html?page=1…

    • 2423 Words
    • 10 Pages
    Better Essays
    Read More
  • Good Essays

    Case Study: Gulf Oil Corporation
    • 1050 Words
    • 4 Pages

    Case Study: Gulf Oil Corporation

    1. Evaluate the economics of Gulf's exploration and development program in net present value terms. How do Gulf's outlay for exploration and development compare to cash returns Gulf generates from these activities.…

    • 1050 Words
    • 4 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Case Study Golden Valley Foods, Inc.
    • 281 Words
    • 1 Page

    Case Study Golden Valley Foods, Inc.

    In this case, that Neal Middleton is trying to decide why Golden Valley Foods, inc., isn’t as profitable as it once was. I would suggest to Neil Middleton to do a big change in the company’s policy, and do market segmentation. Golden Valley Foods has a line-forcing policy, requiring any store that wants to carry its brand name to carry most of 65 items in the Golden Valley Foods line. This policy, resulted in a decreasing in its sales. Unfortunately, smaller stores are not generally to accept the Golden Valley Foods policy. Then most of their sales come from major supermarket chain store such as Safeway, Kroger, and A$P. According to the last president of the company said “The influence of our old parent company is still with us. As long as new products look like they will increase the company’s sales volume, they are introduced. traditionally, there has been little, if any, attention paid to margins. we are well aware that profits will come through good products produced in large volume.”…

    • 281 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Powerful Essays

    Case study: "Hospital Corporation of America" by Kester, W. Carl
    • 1692 Words
    • 6 Pages

    Case study: "Hospital Corporation of America" by Kester, W. Carl

    Since its establishment, HCA's growth has been contributed by acquiring hospitals, constructing new ones, expansion of services, and the signing of new management contracts.…

    • 1692 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Good Essays

    Case Study Central Transport, Inc
    • 810 Words
    • 4 Pages

    Case Study Central Transport, Inc

    SAB has a few problems and challenges to address; the major issue for SAB is the competitive market. SAB needs to examine the role of complementary products or services in the completion, in other distribution companies. Investopedia defines the competitive advantage as an advantage that a firm has over its competitors, allowing it to generate greater sales or margins and/or retain more customers than…

    • 810 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Case Study: Fisher-Price Toys, Inc.
    • 1041 Words
    • 5 Pages

    Case Study: Fisher-Price Toys, Inc.

    1. Basic information 1) 2) Company: Fisher-Price Toys, Inc. (Industry: Child toys) Business dilemma: a rash marketing decision has to be made on carrying out whether a new quality product (product name: ATV Explorer) at exceptional high price or a new less-quality product at moderate price 2. Business dilemma 1) Key problem: (1) price-point: Cost for a projected toy can't be made within budget, resulting in a much higher price ($18.5) than planned. High price disobeys the traditional brand image of the Fisher-Price company –less-than-$5 convention. (2) 2) Marketing strategy: launch the ATV explorer whether as an independent product or as a new product in an existing product line, and corresponding advertising/promotion strategy Fisher-Price must decide quickly before August to catch the sale peak: (1) (2) 3. trade-off between product quality and price; Independence of the product…

    • 1041 Words
    • 5 Pages
    Good Essays
    Read More

Related Topics