Forzani Company Stock Statement

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Public Corporation Stock Report on Forzani Group Ltd. Stock Symbol: FGL Name: Subject: Professor: Part 1: Mission Statement: Forzani Group Ltd. (FGL) idea is to: 1) Provide the Best customer shopping experience. 2) Have the Largest market share and buying power. The industry area: The Forzani Group Ltd. (FGL) is Canada`s largest national retailer of sports goods. It offers a wide variety of brand name products all across Canada under well known corporate and franchise banners. Major products/services: The Retail industry offers its products to well known corporate and franchise banners. Their Corporate banners are: Sport Check, National sports, Coast Mountain Sports, Athletes World, and Hockey Experts, Sport Mart…show more content…
The company operate through two divisions the corporate which was launched in 1997 and the franchise which was launched in 1998. Forzani Group operates more than 400 stores around North America. The brand that they have created is constant threat to its competitors. FGL has been challenged in many ways, because of recent economy downturn the company has started to close some corporate stores and cut back on personal to bring the sales high, without filling bankruptcy. With these challenges that company faces the company are still talking about remodelling their stores, and creating new steps in order to make new profit. The other challenges that they are facing is to change one of store the Athlete World to target more the youth generation from 15-25, trying to satisfied the youth will guaranty more…show more content…
The think that I learn from this project, when there is economical problem the prices of stock fluctuate whether it goes up or down. This assignment taught me how to better understand the stock market and what we should expect when it falls or goes up. And what could be the risk when investing such a lower market. I learn that various industry have different trend and the way to develop those trend. I learn that the company who mislead their consumer could run to a higher risk. Finally, what I learn is that one mistake from the company could lead to major change in their strategy, may also have a major setback toward it employees; could lead to a cut
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