A department store is a retail establishment with a building open to the public which offers a wide range of consumer goods such as clothing‚ housewares‚ furniture and appliances. It typically offers a choice of multiple merchandise lines‚ at variable price points‚ in different product categories (known as "departments" hence the name). Department stores usually sell products including clothing‚ furniture‚ home appliances‚ toys‚ cosmetics‚ gardening‚ toiletries‚ sporting goods‚ do it yourself‚ paint
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Case one Macy’s Department Store Repositioning Jingjing Li BUS 2275 Business Strategy and Simulation–Section 050 Instructor: Anish Bania Due Date: Jan 16‚ 2013 Table of Contents Executive Summary 2 Statement of the problem/opportunity/and objectives 2 Analysis of the situation 2 External and internal 2 Porter’s five –forces model 3 1. The threat of new entrants. 3 2. The bargaining power of buyers. 3 3. The bargaining power of suppliers. 4 4. The threat of substitute
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Consumer Perceptions of Store Brands Presented By: Chris Frimel Jeffrey Fox L. Renee Graves Dustin Huffman Introduction Consumer perception heavily influences consumption and spending behavior. As consumers search for ways to stretch their tight budgets‚ many factors motivate these behaviors. Such factors include loyalty‚ convenience‚ quality‚ quantity‚ usages‚ product placement‚ and many others. Of these factors‚ price‚ quality‚ and convenience are most sought after when consumers
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Case 1: Pelican Stores Pelican stores‚ a division of National Clothing‚ is a chain of women’s apparel stores operating throughout the country. The chain recently ran a promotion in which discount coupons were sent to customers of other National Clothing stores. Data collected for sample of 100 in-store credit card transactions at Pelican Stores during one day while the promotion was running are contained in the file named “data pelican stores. The propriety card method of payment refers to charges
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competitors of convenience store market. In Guangzhou‚ 7-Eleven‚ Ok and C-store are the three pillars of convenience stores. So our project will focus on the existing competitors 7-Eleven and OK convenience stores to analyze. In this part‚ I am going to identify the distinctive characteristics and values of 7-Eleven and OK with the theory of brand triangle‚ to see what make them a brand. And then I will analyze the scale and goals of 7-Eleven and OK convenience stores with the theory of SWOT and
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considering the forecast model as gospel‚ it is important to understand some of the limitations and assumptions the model makes. The model is using a 20 percent increase in direct shipments to all stores. Although it would be wise to bypass the distribution center (DC) altogether and ship directly to the stores‚ could the vendors supplying the SKUs be capable of such an increase‚ and how would that factor into meeting the goals of project 275? With eight inventory management projects underway‚ does
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Anh Nguyen Professor Wegley ENG 102 18 January 2014 The Happiness Store: A Place to be Happy in Less Mundane Ways Gary Larson has brought laughter to many people by his popular long-running comic called The Far Side. In one of these cartoon series‚ the character names Crawley was told by his friends: “You cannot buy happiness”. However‚ “Mr. Crawley surmised that they just didn’t know where the store was” (Figure 1). Humorously‚ Mr. Crawley’s conclusion about the reason why his friends
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The Container Store • What motivational strategies does The Container Store use to keep employees productive and satisfied? The Container Store principally uses the Maslow hierarchy of needs‚ this theory talks about of an arrangement of five basic needs (physiological‚ safety‚ social‚ esteem and self-actualization needs) that motivate behavior. (Jones & George‚ 2007‚ pp. 330). 1) Physiological Needs: The Container Store looks for satisfy this need in proving employees with a good wage
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Store24? Answer “The Ban Boredom strategy was really playing off of the urban‚ young adult market. Marketers know that this demographic gets bored easily and needs to be stimulated. We wanted this group to always see new and different things in the store.” (to create a strong sense of loyalty) Ban Boredom คือ กลยุทธ์ที่ Store24 สร้างขึ้นมาเพื่อจับกลุ่มตลาดผู้บริโภคที่เป็นผู้ใหญ่ตอนต้น ซึ่งทาง Store24 เชื่อว่ากลุ่มคนพวกนี้เบื่อง่าย Ban Boredom จึงเป็นกลุยุทธ์ที่จะลบความน่าเบื่อในร้านออกไป โดยใส่สิ่งใหม่ๆ
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Memorandum To: Pelican Stores Management From: Ashley N. Earl Date: September 10‚ 2007 Re: July Coupon Promotion Results – Specific Descriptive Statistics Coupon Promotion Results As a follow up to my previous memorandum‚ I have prepared specific descriptive statistics regarding the results of the previous coupon promotion period throughout the month of July. These descriptive statistics such as the relationship between net sales and descriptive statistics on net sales
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