operate department stores in the highly competitive and fragmented North American merchandise and retail industry. In Canada‚ department stores account for 13.7% of retail sales as opposed to American department stores representing 8.5% of U.S. retail sales. With department store sales in the U.S. The low percentage of department store sales can be attributed to increased competition from big-box retailers‚ warehouse clubs and e-commerce websites. As a result‚ traditional department stores are being
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Market research clothing in China While Asia‚ particularly China‚ has enjoyed a dominant position in shoes‚ apparel and household textiles manufacturing for several years‚ makers of these items located in developed nations such as the U.S. and Canada have suffered a long period of decline. For example‚ over 98% of the shoes sold in America each year are imports‚ and the majority of these imports come from Asia. To consumers in Europe and North America‚ this growing reliance on Asia as a low-cost
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Target customer segments: “Researchers identify consumer segmentation as a critical predictor of new product or service success” (Gofman 604). Even though both Smart Car and Honda Civic are popular vehicles in the global market‚ they choose different segmentation strategies for targeting their potential customer base on the characteristics of segmentation‚ such as age‚ income level‚ life style‚ and other relevant factors. According to kabadayi‚ Alan‚ and Ozhan‚ “We can see that while
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PIGGLY WIGGLY : A SUPERMARKET FRANCHISING GIANT PIGGLY WIGGLY (WWW.PIGGLYWIGGLY.COM) is a franchisor with over 6000 supermarket units that span the southern states from Louisiana to north Carolina. In addition‚ Piggly Wiggly franchises about 20 stores in Wisconsin that are owned and operated by fresh brands (www.freshbrands.com) ‚ a wholesalers that uses the fresh brands name. Any independent supermarket can become a Piggly Wiggly franchisee by signing a franchise agreement and paying a percentage
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August 0.974 September 0.797 October 0.936 November 1.119 December 1.677 2. The data used for this forecast is the total sales for the 48 months preceding the storm for all department sores in the county. Using the trend and seasonal method‚ the seasonal indexes and forecasts of county-wide department store sales assuming the hurricane had not occurred are as follows: Month Seasonal Index Month Forecast ($ million) January 0.773 September 50.55 February 0.813 October 53.20 March 0
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Local Market Power Bulls Eye department store specializes in the sales of discounted clothing‚ shoes‚ household items‚ etc. similar to the offerings at a regular Walmart or Target. Bulls Eye is the only department store in Show Low and the nearest other discount retailer is Target‚ located 49 miles away in Eagar. Bulls Eye‚ therefore‚ has some market power in its local area. Despite having some market power‚ Bulls Eye is currently suffering losses. An analyst at Bulls Eye is recommending to the
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INTERNATIONAL MARKETING PLAN Total Effects Anti-Aging Anti-Blemish Daily Cleanser June 9‚ 2008 DeVry University Online Table of Contents Product Description 1 Goals and Strategy 4 Target Market 8 Competitors/Substitutes 12 Price 14 Channels of Distribution 16 Advertising‚ Sales Promotions‚ PR Plans 21 Budget for 3 Years 24 Reference 27 Product Description Anti-aging‚ how to look younger‚ must be beautiful‚ you are not old. These are
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Information for reference - Company A = Fast Food Restaurant - Company B = Department Store - Company C = Accounting Office (Current working environment) 1. Company A’s employees perform the tasks they are given by their manager‚ with little knowledge and sometimes desire to complete extra work for increase their position within the company. These employees are mainly younger with little or no work experience‚ and plan to move on to better paying jobs as they get older. This leads to a high turn
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Which shoppers are the best targets for the Elf program- those with no loyalty‚ latent loyalty‚ inertia loyalty or brand-loyal customers? How might the program also benefit sales to other groups? To begin with‚ it has to be pointed out that Sears did engage in the Elf initiative for two reasons. On the one hand‚ it wanted to acquire new customers and persuade competitors’ customers and on the other hand to build relationships with the existing customers in order to retain them. Having this in
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enitration Soaps The product categories can be classified into three segments; premium (Lux‚ Dove)‚ popular (Nirma‚ Cinthol)‚ and economy (Nirma Bath‚ Lifebuoy). The price differential between the premium and economy segments is about 2X. The popular and economy segments account for about 4/5ths of the entire market for soaps. • Penetration of toilet soaps is high at 88.6%. However per capita consumption levels remain low India’s per capita consumption of soap at 460 gms per annum is lower
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