Swot Analysis on Supermarkets
Piggly Wiggly®, America 's first true self-service grocery store, was founded in Memphis, Tenn. in 1916 by Clarence Saunders. In grocery stores of that time, shoppers presented their orders to clerks who gathered the goods from the store shelves. Saunders, a flamboyant and innovative man, noticed that this method resulted in wasted time and expense, so he came up with an unheard-of solution that would revolutionize the entire grocery industry: he developed a way for shoppers to serve themselves.
Despite predictions that this novel idea would fail, Saunders’ first store opened September 6, 1916 at 79 Jefferson Street in Memphis. Operating under the unusual name Piggly Wiggly, it was unlike any other grocery store of that time. There were shopping baskets, open shelves and no clerks to shop for the customer – all unheard of!
Piggly Wiggly Corporation, established by Saunders when he opened the first store in Memphis, secured the self-service format and issued franchises to hundreds of grocery retailers for the operation of Piggly Wiggly stores.
The original Piggly Wiggly Corporation became owner of all Piggly Wiggly properties: the name, the patents, etc., and Saunders began issuing stock in the Corporation. The stock was successfully traded on the New York Stock Exchange for some time, but through a series of stock transactions in the early 1920s, Saunders lost control of Piggly Wiggly and had no further association with the company.
Piggly Wiggly Corporation continued to prosper as franchiser for the hundreds of independently owned grocery stores allowed to operate under the Piggly Wiggly name and during the next several decades, functioned successfully under various owners.
Piggly Wiggly, LLC is an affiliate of C&S Wholesale Grocers, Inc., ranked as the 10th largest privately held company in the nation by Forbes magazine in 2010. For more than 90 years, C&S has provided first-class warehousing and distribution services to its customers. From more than 50
Despite predictions that this novel idea would fail, Saunders’ first store opened September 6, 1916 at 79 Jefferson Street in Memphis. Operating under the unusual name Piggly Wiggly, it was unlike any other grocery store of that time. There were shopping baskets, open shelves and no clerks to shop for the customer – all unheard of!
Piggly Wiggly Corporation, established by Saunders when he opened the first store in Memphis, secured the self-service format and issued franchises to hundreds of grocery retailers for the operation of Piggly Wiggly stores.
The original Piggly Wiggly Corporation became owner of all Piggly Wiggly properties: the name, the patents, etc., and Saunders began issuing stock in the Corporation. The stock was successfully traded on the New York Stock Exchange for some time, but through a series of stock transactions in the early 1920s, Saunders lost control of Piggly Wiggly and had no further association with the company.
Piggly Wiggly Corporation continued to prosper as franchiser for the hundreds of independently owned grocery stores allowed to operate under the Piggly Wiggly name and during the next several decades, functioned successfully under various owners.
Piggly Wiggly, LLC is an affiliate of C&S Wholesale Grocers, Inc., ranked as the 10th largest privately held company in the nation by Forbes magazine in 2010. For more than 90 years, C&S has provided first-class warehousing and distribution services to its customers. From more than 50
Cited: (Kaiser Family Foundation, 2012) (Partners Health care)(n.d.). HR.BLOR.COM. (n.d.). Retrieved 10 09, 2012, from http://www.HR.BLOR.COM Kaiser Family Foundation. (2012, 10 09). Retrieved 10 10, 2012, from Kaiser Family Foundation: http://www.kff.org Partners Health care. (n.d.). Retrieved 10 10, 2012, from Human research Quality Improvement Program: http://www.partners.org/Medical-Research/Resources/Research-Support/Human-Research-Quality-Improvement-Program.aspx Shingo, S. (1989). A study of the Toyota Production System, Shigeo Shingo, Productivity Press, p 187. Retrieved from Wikipedia: http://en.wikipedia.org/wiki/Just-in-time_(business)#cite_ref-1