Hop-In Food Stores Inc. Hop-In Foods Stores has historically been able to rely on internal financing and long term debt in order to continue its growth. The continued growth is attributed to acquisitions of already established stores. Hop-In management has predominantly stayed away from starting up new stores from scratch due to high start up costs. They had found out that it was easier and more cost effective to buy up smaller stores in good locations. As of 1976 all of Hop-In’s expansion was
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determining how the business is doing on a financial basis (Parrino‚ Kidwell‚ Bates‚ 2012). The financial ratios will show the positive and negative financial status of the company. This paper will show the ratios for Family Dollar Stores and the stability over two years. Family Dollar Stores Liquidity Ratios FY-12 FY-11 Current Ratio = Current Assets/Current Liabilities 1‚768‚170
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The Great Canadian Dollar Store A SWOT Analysis by Amanda Bird Company History Great Canadian Dollar Store was established in 1993 by founders Bud and Vivian Walker. Their vision was a network of bright‚ clean‚ friendly dollar stores – a place where you would want to take your mother or your grandchildren. Together with their family and energetic representatives across Canada‚ they succeeded in building a successful network of franchised stores. Great Canadian Dollar Stores sell a variety of
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Q1: Describe Dollar General’s business strategy. What has the company been so successful? A1: Dollar General’s main business strategy is to focus on being the leading distributors of consumable basics‚ with 30% of the merchandise at $1.00 or less. Dollar General believes in maintaining an assortment of consumable merchandise and making shopping for everyday items hassle free and simplistic. Deriving most of their customer basis from Low‚ Middle and fixed income earners. With under-serviced
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INTRODUCTION Dollar General is an aggressive‚ competitor in the deep discount retail industry. Recent annual sales figures totaling $6.9 billion across 29 states (close to 7‚000 stores) has placed the chain at the top of the dollar store category of discount retailers‚ surpassing chains Family Dollar‚ Fred’s and Dollar Tree. The company also competes aggressively with chains such as Wal-Mart‚ Kmart‚ CVS and Rite Aid. The store currently offers a product line of general merchandise that includes
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Dollar General: Case Study #1 Timothy Mayer Professor Perreira 02/01/2010 Executive Summary: Dollar General Corporation is a leader in the discount retail industry‚ but clearly could use new information systems to further establish its presence and dominate the industry. The ability of Dollar General to set up new stores quickly‚ at a low cost‚ and efficiently has enabled them to maximize their revenue‚ while keeping costs minimal. Dollar General is very dependent on the ability of
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WAL-MART STORES INC: DOMINATING GLOBAL RETAILING Brief summary The Wal-mart is the largest retail chain in United States and in the world. The wal-mart was founded in the year 1962 by Mr Sam Walton. It was originally named as Wal-Mart discount city in Rogers‚ Arkansas. At the time when the Wal-Mart stores started in the year 1962 it was focused only in small rural cites and town which had a population of 5000 to 25000. It was soon increased to 18 stores in 1969. In the next 30 years
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Week-1 Assignment CASE STUDY Dollar General: Heavy on Organization‚ Light on Systems Managing Technology for Organizations April 20‚ 2006 Dollar General‚ a family of small‚ neighborhood store delivers with convenience and value on the basics needs of their customer. The store vows to help their customers save time and money just as it competitors Wal-Mart and Dollar Tree. However Dollar General believe that combination helps our customers have a better life‚ and that is important to
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Grande General Store‚ EST. 1948 The purpose of this paper is to discuss Case #6 in the student text regarding The Grand General Store. The Grande General Store is a family owned business that has been in the family for several generations. The current owner-operators have grown children; however‚ the children are not interested in following in the family footsteps. Rocky and Anita Grande are getting up in age and are getting tired of running the store. With no one in line to run the store‚ they
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& C GROCERY STORES‚ INC. 1. In general‚ how did C&C’s first organizational structure contribute to the store managers’ dissatisfaction? The overall managerial structure of the company inhibited communication and cross training for its managers. The lack of communication between functional specialties keeps cooperation down and thus can lead to poor performance. The inability to be cross trained in multiple functional areas restricts their ability for promotion. The store managers did
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