The distribution networks of the new companies are high and tends to affect the operations of JCP. Therefore, the company should build a strong distribution network so as to counter significantly the operations of the new companies that produce similar products. The “mom and pop” stores have been reported to resort in selling products online, otherwise they become obsolete. J. C. Penny’s SWOT analysis The strengths of the company are: * The existence of more than 1100 locations worldwide * Their quality products such as clothing, jewellery, beauty products and even footwear and furniture * The company also offers shipment of their goods for customers, which gives their customers the best experience in the end, hence attracts more customers. * The company also offers free haircuts for the children The weaknesses of JCP Since its competitors give similar products, the company is faced with limited market share 2. International business operations have also challenged the services of JCP due to the current emerging economies worldwide.
In the field of social and cultural: Indian cultural products, from fashion to Bollywood film arts, are more and more popular in the international arena. Technology areas: increased online trading / e-commerce in favor of self-branding, making India Internet users continues to increase. Natural environments: India has a cheap and convenient international maritime freight and long-distance trains. In global art-related market, due to good sales performance, artists strive to create more and better works of art. Negative: Kind of Profiteers will be at a lower price to buy local art goods sold at a higher price abroad, it makes a huge difference prices between in Indian art of local and international market.
There are hundreds if not thousands of tourist attraction in the United States that families go to each year as a destination vacation. Mall of America in Minnesota is one of those destinations. The mall features various genre of amusement, many, many different shopping facilities for everyone and offer a “one-stop” experience. What (a) retail and (b) consumer trends have occurred since Mall of America was opened in 1992 that it should consider when making future plans? Since the opening in 1992, technologies have greatly improved and the Mall of America has strived to grow and adapt to changes while still continuing to provide quality services yearly.
The model of franchising allowed Motel 6 to expand quickly, primarily throughout the Eastern United States, to maximize name recognition and invade new markets, to reenter the market that it formerly ceded, and franchising will not cost the company a lot. Motel 6 also sold some properties and became part of a consortium with finical companies to increase additional capital for further development. It also allowed Motel 6 grow the balance sheet and revenues without adding to real estate inventory and liabilities. For solving the security problem, Motel 6 sold the unsafe motels and set up new security system for the motels.
TOWSON INVESTMENT CLUB Stock Analysis Investing in Dick’s Sporting Goods (DKS) Kristal Ricks November 7, 2012 Summary I highly recommend investing in Dick’s Sporting Goods stock now at the current price of $51.32. It is a great long-term investment because the stock price continues to increase every year. Dick’s Sporting Goods (DKS) has shown consistent growth over recent fiscal years, as net sales, gross profit, revenue and net income have increased significantly. Dick’s is a sporting goods retailer offering a broad assortment of brand name sporting goods equipment, apparel, and footwear in a specialty store environment. With over 500 stores, Dick’s has continued to expand and add stores at a steady rate of about 15% a year (CNN, 2012).
KFF should research the market to find the needs of the customers. Big companies could be the perfect place to start the research like what kind of orders they place and when they order. Other sort of information could be found in the census reports like type and age of population, income, religion, education, occupation will help decide the needs of other consumers. This will help narrow down requirements for catering business. If the population is young then may be more wedding parties, bachelor parties, Halloween parties or if the population is older then more of formal parties in the gardens and vineyards.
-Threat: Increased Competition: America, Japanese, and Italian firms had established factories in China. Strong competition that will compete for the same skilled employees. Chinese language and cultural barriers. Industry Attractiveness: China has made significant progress in the furniture market and will likely continue to see further growth due to its low labour costs and low tariffs making this a very attractive market for Palliser. Internal Analysis: (Firm) -Strengths: Recruited product managers/designers from all across the world including Sweden, Hong Kong, and Italy.
To keep up with growing demand they also have an online shop supporting an international customer base. High-class outlets are seen as competitors as opposed to international corporations with wide and well known product portfolios. Hotel Chocolat is always looking for new ways to increase its product collection, but also aims to change just over a quarter of its range each year. This is done predominately through a chocolate tasting club where for a fee, members can sample and offer feedback on new creations. Two reasons for this constant product rejuvenation are to maintain current consumer interest and hopefully draw in new customers, but also to detract other companies from mimicking its ideas.
Registered member have increased 64% from 2009 to 2010 adding 35 million members. LinkedIn also saw significant growth in Q1 2011 although it does not appear growth rate will keep with prior years, though in sheer numbers it looks like it will increase. As a software company they have spent a decent amount of purchasing property and equipment and they are going to have to decide if those hard costs are going to continue as they grow. The company has little debt and has almost 93 million in cash. Financially the company is doing well the question that needs to be asked is if the company can continue to do well in the future years.
To create the cash budget, you should think of as many different aspects of your company as you can. For example, the local economic climate, customers’ comments, advertisements, etc may significantly affect your company's sales conditions. For example, from the exhibit 2 of the case, we can see that the sales from April to September are highest throughout the whole year and sales from December to January are extremely. In this case, we could make much more accurate forecasts of the products demand from suppliers and sales for each future month. It could help you much more easily to predict next month’s sales so that the probability of loss could be diminished.