Total asset turnover for SciTronics in 2008 can be calculated by dividing $ 244,000 into $ 159,000. The turnover deteriorated from 1.58 times in 2005 to 1.53 times in 2008. 2. SciTronics had $ 66,000 in accounts receivables at year/end 2008. Its average sales per day were $ 668.49 during 2008 and its average collection period was 99 days.
Observe: the millers lite took the sales of Coors light. Speciality beers only hold 12% of the total market. Specialty beers sold the most: in 2012 central with 39 million least east Labbat Ice has been increasing in sales by 8.8 million in the 4 years. Not available in the east. Top brand is microbreweries 39 million out of the 86 million Signature cream ale has been selling one million or less.
Kudler Fine Foods has three locations around San Deigo, which are in La Jolla, Del Mar, and Encinitas. Each of these stores is approximately 8,000 square feet of retail space in a fashionable shopping center. Each of their stores is stocked with the best domestic and imported selections of food. The store is divided in five departments that are Bakery and Pastry Products, Fresh Produce, Fresh Meat & Seafood, Condiments and Packaged Foods, and last Cheese and Specialty Dairy Products. The business objective is to maximize profits by offering the best quality products selections at competitive prices around.
SWOT Analysis for TAGET Store Strengths • Target Corporation is the second largest retailer after Wal-Mart in US. • It has the number of subsidiaries which includes Target Financial Services, Target Sourcing services, Target Commercial Interiors, Target Brands and Target.com. • Huge market share in US. • Large number of retail networks around 1500 stores. • Increase sales after each year.
Assignment 1 – Competitive Analysis of the Grocery Industry Rebecca Lenz Alice Richmond BUS 490 – Business Policy October 27, 2011 Competitive Analysis of the Grocery Industry Porters Five-Forces Model of competitive analysis is a widely used approach for developing strategies in many industries (David, 2009). Everyday millions of Americans and citizens of other countries nourish their bodies with food that is purchased at one store or another. By using Porters Five-Forces Model, a clear and concise competitive analysis can be done for an industry that is sure to be around forever. The grocery industry consists of many different competitors like Publix, Winn Dixie, Wal-Mart, Costco, and BJ’s just to name a few. When a consumer sets out to fill their cabinets with their everyday necessities the owner and operator of these grocery stores needs to take into consideration the wants, needs and desires of their shoppers, how to pull them in and how to keep them.
Strategic planning is crucial at this stage and there are tools available to help any business perform the analysis needed to succeed. Kudler Fine Foods is an upscale food store specializing in foods and services that appeal to a niche market; gourmet chefs and gourmet chefs in training. The firm had good initial success with its first two stores, but its third store is suffering with lower than expected sales. The firm wishes to continue expansion and increase profitable growth. Before moving forward the company’s owner, Kathy Kudler, needs to understand her company fully and have accurate knowledge about the firm’s internal and external environment.
The results are detailed and relevant financial and operational descriptions of the two retail competitors. Introduction Both Wal-Mart Stores, Incorporated (Walmart) and Target Corporation (Target) compete in a worldwide market, although Target clearly has smaller stores and a different selection, both companies are retailers of general variety consumer goods. Walmart and Target both have stores in every major city in the United States (Target Official Website, 2008; Walmart Official Website, 2008). One is surely the microcosm of the other, yet they are competitors. The following analyses will look at 10 fiscal years of company operations.
America’s Favorite Store to Be Ron Johnson became noticeable for his retail, over a span of 15 years, when he became Vice President of Merchandise at Target. He later joined Apple, became Senior Vice President of retail operations, and was responsible for Apple’s retail success. They went from having no Apple stores in 2001 to having over 300 stores, in different locations. Ron Johnson is taking on a new, tougher challenge; he is now the new CEO of JCPenney. His objective is to not only improve, but to transform the entire corporation and give the customers a better experience.
Chronology of Events 2/22/00: CalPERS identifies 10 underperforming companies that will serve as their primary focus for corporate governance activism for the 2000 proxy season. The Focus List is made up of two retail companies, JC Penney being one of them, a bank, and 7 other corporations. CalPERS has investments in more than 1600 US companies. The 10 included in the Focus List were selected due to their long term stock performance, corporate governance practices, and economic value added evaluations. JC Penney was named on this list for its disappointing stock price relative to the retail industry.
The company’s success has enabled it to grow to a total of 276 stores in United States, Canada and Great Britain as of 2007 (Thompson, Strickland & Gamble, p. C-2). The growing trend of organic foods has continued to increase. Sales rose from $1.8 billion in 2000 to $6.5 billion in 2007 (Thompson, Strickland & Gamble, p. C-11). Trends that can negatively impact Whole Foods Market are “through a loss of sales, reduction in margin from competitive price changes, or greater operating costs such as marketing” (Annual Report, 2009). The major trend that affected Whole Foods Market was mainstream supermarkets, such as Safeway, Kroger and Publix, expanding its grocery selection to include organic products (Thompson, Strickland & Gamble, p. C-5).