Company Overview Founded in 1883 and incorporated in 1902, The Kroger Co. (NYSE:KR) is one of the world's largest grocery retailers based on annual sales, holding the #23 ranking on the Fortune 100 list with fiscal 2013 sales of $98.4 billion. The Kroger Co. Family of Stores spans many states with store formats that include grocery and multi-department stores, discount, convenience stores and jewelry stores. Food stores are Kroger’s primary business and account for approximately 94% of total company sales. The convenience and jewelry stores and manufacturing facilities contribute the remainder of total sales. Up to September 11, 2014, Kroger has operated 2,638 grocery retail stores in 34 states under nearly two dozen banners.
Sainsbury’s Background information Sainsbury’s is the UK’s longest standing major food retailing chain which was founded in 1869 being established as a partnership when John Sainsbury’s and his wife opened a store in Holborn, London. Selling fresh foods then later expanding into packaged groceries like tea and sugar. Today Sainsbury’s has 1,200 super markets and convenience stores employing over 161,000 people. Sainsbury’s was the largest grocery retailer in 1922, as 1995 came, Tesco became the market leader and Asda became the second largest putting Sainsbury’s in third place. Ownership Sainsbury’s PLC is a Public limited company which means that they have their shared bought and sold on the stock exchange.
MBA611 Week 2 | Core Competencies | | | | | Background Kmart was once the one of the largest chain of department stores in United States . The company was established in 1899 by Sebastian S Kresge under the original name SS Kresge Company. However, the first Kmart store was not opened until 1962 in Michigan. The name was officially transformed into Kmart Corporation in 1977. The company receives tremendous attention due to its Blue-light Specials arrangements , where they provide incidental discounts in specific departments of the store The image grew through the 70 's and 80 's (`Corporate History , 2006 When the company enters the 90 's , its course of luck began to change The company no longer experience considerable growth in image and profits , but instead , experienced a chain of problems that finally lead to its bankruptcy in 2002 (Evans , 2002 .
CVS Caremark Global Expansion to United Kingdom Global Business Management Abstract CVS Corporations was founded by Sid Goldstein, Stanley Goldstein and Ralph Hoagland, May 8, 1963 in Lowell, Massachusetts. In 2007 CVS pharmacy merged with Caremark Rx which created CVS Caremark. CVS Caremark is currently the number two pharmacy store in the United States with revenues exceeded $100 billion dollars and has over 7,400 hundred stores in 42 states. The corporation has been successful for over 40 years in the United States. CVS Caremark is designing a global expansion strategy to target areas that are profitable and promising demographically.
In this assignment I will describe the type of business, purpose and ownership of two contrasting organisations. My two chosen contrasting businesses are ASDA and Oxfam. ASDA is a British supermarket chain which retails food, clothing by George, toys , car wash and general merchandise such as electrical products and cooking appliances. ASDA also have branched out into telecommunications with a mobile network called ASDA mobile. ASDA is Wal-Mart's largest non-U.S. subsidiary, accounting for almost half of the company's international sales, in this sense ASDA can be classed as a National business as it can be found all over the country or an International business as it is a part of the Wal-Mart Conglomerate which can be found in America and Canada.
In 2002, Smucker’s acquired brands Jif and Crisco from P&G in exchange for $786 million stock swap. In 2004 it acquired International Multifoods with Pillsbury and Hungry Jack brands for $840 million. This trend accelerated with acquisitions of White Lily Foods in 2006, Eagle Family Foods in 2007, Knott’s Berry Farm jams, jellies and preserves in 2008. Also, in the same year the company made its largest acquisition when it purchased Folgers coffee from P&G for $3.7 billion. II.
Case 28: Whole Foods Market 2007 Introduction This paper contains a SWOT Analysis with respect to Whole Foods’ external and global environment. It will help determine whether or not this company will be able to provide the amount of organic foods and additional products required to satisfy the steadily growing demand. The four quadrants of the SWOT analysis will be located after the references section. Synopsis of the Situation Whole Foods Market is the world’s leader in organic and natural foods established in 1980 consisting of over 340 stores in North America and the United Kingdom. The average sales per store averages $636,000.
Business Model for Tesco History Tesco is an international company that specializes in the selling and marketing of grocery and other general merchandise globally. It has headquarters in the United Kingdom in the town called Cheshunt. When measured by revenues it is found to occupy the third position in the list of the largest falling behind Wal-Mart and Carrefour. However, it becomes the second largest coming after Wal-Mart when the
Godiva was founded in 1926 in Brussels, Belgium, by Joseph Draps who opened his first boutique in the Grand Place in Brussels. The first Godiva shop outside Belgium was opened in Paris on the fashionable Rue St. Honoré in 1958. In 1966, the company's products reached the United States, where they were sold at luxury malls. The following year, it was purchased by the Campbell Soup Company. In 1972, the first Godiva boutique in North America was opened on New York's Fifth Avenue.
It is felt worthwhile to study how organized retail formats have been evolving and what factors have been responsible for such growth of organized apparel retailing in India. 1.1.2 Various Consumer Segments in India: India being a unique country with diverse customer preferences and tastes, there may not be just one game plan that may work as a formula for success in retailing. It is a country of people living in different states with different lifestyles with varied disposable incomes. More than 300 million people are said to be in the burgeoning middle class segment with a good deal of disposable income to spend and this is said to trigger the internal consumption trend in India, which insulates the country’s economy from being affected by any global down-turn. More than seventy percent of India’s population is said to live in the rural areas and Indian retailers may have to get ready to expand into such markets when they spread over pan India.