Richard Warren Sears and Sears‚ Roebuck‚ & Company Richard Warren Sears was born on December 7‚ 1863‚ in Stewartville‚ Minnesota. He was the son of James Warren and Eliza A. Sears‚ both of English ancestory. His father led anything but a happy life. He had failed in his quest for gold during the California Gold Rush of 1849 and was a bitter soldier in the Civil War‚ which he blamed on politicians. He had earned a sizable sum of money working as a blacksmith and a wagonmaker‚ but he lost it
Premium Sears
1. How do the retailing strategies of Sears and Walmart differ? Company Background-Sears • Founded in 1891‚ operated solely as a catalog business • In 1924‚ expanded into retail stores in shopping mall ▫ Sold a variety of merchandise including apparel‚ cosmetics‚ jewelry‚ electronic‚ household appliances…. • Early 1980s‚ faced with declining market share ▫ Target audience of middle class female shoppers ▫ Slogan ”Come see the softer side of Sears” Company Background-Walmart • Founded in 1962‚ opened
Premium Retailing Department store Kmart
has been asked to analyze the financial performance of Sears and Wal-Mart. Although Wal-Mart is the industry powerhouse‚ its 20% return on equity (ROE) lags behind that of Sears’ 22%. Analysis: Wal-Mart operates fewer stores than Sears but is ahead in terms of total selling area by a ratio of 3.4:1. Between 1995 and 1997‚ Sears’ retail store revenue per selling square foot was not only lower than that of Wal-Mart but in decline. Sears allows customers to pay for merchandise over time if
Premium Revenue Credit card JPMorgan Chase
Case Questions: Sears‚ Roebuck and Co. vs. Wal-Mart Stores‚ Inc. Answers must be posted to Compass. You may work in groups of no more than four people. Be sure to remember to submit ALL names and UINs on the assignment. 1. How do the retailing strategies of Sears and Wal-Mart differ? How does each firm operate their business/attempt to create value? The major difference in these two companies’ retailing strategies‚ according to their filings in 2014‚ lies in the ways they expand their sales
Premium Wal-Mart Retailing Department store
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‚ Walmart. Nevertheless‚ there are many consequences‚ emerging from mergers that should be taken into account by top
Premium Mergers and acquisitions Business Sears Holdings Corporation
| 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
Premium Sears Holdings Corporation Kmart
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
Premium Retailing Sears Holdings Corporation Kmart
Abstract Kmart a long standing discount retailer and Sears have merged to make up Sears Holdings Corporation. As the two struggling retailers combine forces‚ it will allow for both companies‚ now working as one to reemerge bigger and better than ever. Now they are in the process of restructuring their management structure‚ to hopefully be able to locate where their areas of weakness are. K-mart‚ one of the leaders in department stores‚ has been around for over 100 years. Although the company
Premium Sears Sears Holdings Corporation Kmart
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
Premium Sears Holdings Corporation Kmart
1 I. Executive Summary Sears began as a small retailer but as the years have gone by‚ they have become the second largest retailer of the national chains. In the environmental analysis you will discover that Sears’ marketing toward women differentiated them from their competitor’s and increased their sales as well as their market share. They have had many social/cultural problems that they have had to overcome‚ such as problems with stakeholders. There has also been a change in the company
Premium Retailing Department store Strategic management