1 January 2013 E ORGANIZED RETAIL SECTOR: FUTURE‚ CHALLENGES AND OPPORTUNITIES IN INDIA Dr. Pawan kumar Asstt. Prof (MBA) Dronacharya Institute of Management and Technology Kurukshetra‚ Haryana‚ India ABSTRACT: This paper intends the emergence of organized retailing in india. In the era of globalization economy changes rapidly in which retail sector also transforming from traditional to organized retailing. Due to changing in the scenario of world‚s economy retail sector attracts the attention
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Case StudyI. Background and Situation Analysis Executive Summary: Walmart Inc‚ with its large economies of scale‚ is renowned as one of the largest retailers in the United States‚ and in the world. Recently‚ in line with its image of having the lowest-cost producers and suppliers‚ it has decided to cut even more costs by making a commitment to increasingly locally source its fresh produce from domestic providers. As a result‚ this has vastly aided the company in lessening shipping and storing
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CASE STUDY: WALMART I. Executive Summary Walmart‚ biggest retail discounted store established by Sam Walton in 1950 has mark a remarkable success in the US. His strategy of purchasing in high volume while selling low and still gain a mark up made it more popular that made it enviable to competition. Secret to his concept is high volume purchases‚ efficient logistics‚ and advanced supply chain technology‚ which significantly reduced cost and maximize economies of scale. From its first store
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[pic] STRATEGIC ANALYSIS OF BHARTI AIRTEL LIMITED [pic] Submitted To: Submitted By: Dr. Himani Sharma Aanchal Mishra I Abhinav Srivastava I Adish Jain I51 Akash Johari I53 Ankit Gupta I35 Anubha I Amity Business School‚ Amity University Uttar Pradesh [pic] INTRODUCTION Bharti Airtel‚ formerly known as Bharti Tele-Ventures Limited (BTVL) is India’s
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Wal-Mart ensured that sales volumes were consistently elevated. Wal-Mart’s retailing activities were operated by three primary subsidiaries: Wal-Mart International‚ Sam’s Club and Wal-Mart Stores Division US. In addition‚ Wal-Mart had nine different retail formats for its businesses: restaurants‚ cash-and-carry stores‚ membership warehouse clubs‚ apparel stores‚ soft discount stores‚ bodegas (small markets)‚ supercenters‚ food and drug stores‚ and general merchandise stores. Global Strategy‚ Local
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CONTEXT (p.1) DATA * David Glass (CEO); Don Soderquist (COO) * ROA= 33% ; Sales growth= 35% * 1993. market value= $57.5 billion * Sales/square foot= $300 vs. $210 of competitors * Total sales: $16B (1987) → $67B (1993) * Earnings quadrupling: $628 million → $2.3B * Revolutionized many aspects of retailing + heavy investment in information technology. * Main Challenge: “HOW TO SUSTAIN THE COMPANY’S PHENOMENAL PERFORMANCE.” * Growth in 1993: (7%–8%) range‚
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Target and Walmart are competitors in the discount retail industry. These two company dominate the retail industry. Together these two businesses generate more than $550 billion in annual sales. However‚ as it appears Target is the more stable company than Walmart. Walmart is going through a rough turnaround in 2017. Walmart brand image with consumers suffered because of the condition of its stores and low paying wages. Walmart total sales declined 0.75 year over year. Walmart net income hit $17
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Wal-Mart’s history is more than just the stores they have built‚ the partnerships they have made and the customers they have served. 1960’s: Retail Revolution Sam Walton’s strategy was built on an unshakeable foundation: The Lowest Prices Anytime‚ Anywhere. 1962 On July 2‚ 1962‚ Sam Walton opened the first Wal-Mart store in Rogers‚ Arkansas. 1967 The Walton family owned 24 stores‚ ringing up $12.7 million in sales. 1969 The Company officially incorporated as Wal-Mart Stores‚ Inc. 1970’s:
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Wal-Mart 32nd St. is located in the maturity phase of the life cycle industry. (See Table 1). The retail store sales has been slowly growing over the past years‚ in the last three years the store sales has been growing a steadily rate with no much difference. According to Porter’s theory‚ this phase causes some trends to the company: “1) slower growth means more competition for market share. Managerial attention is turning towards attacking of competitors; 2) Product is no longer new. Consumer focus
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For me I think the most ethical problem that walmart facing is killing small stores around town Walmart makes it harder for local stores to compete. Some of them filed lawsuit against Walmart‚ they said company uses predatory pricing to put competing stores out of business. For them to compete against big retailer they have to reduce wages by 5 percent after Walmart entered new market. Many people refuse to have Walmart in their area. There are some issues involving employee stakeholders also they
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