FSA Project Industry Analysis and Company Strategies on Drug Industry( Walgreens and CVS) [Author Name] Industry: Drug Retail Data based on Company Name | Revenues ($) | Revenue Rank | Profit($b) | Profit Rank | Walgreens | 76.392B | 2 | 1.93b | 2 | CVS | 139.37B | 1 | 4.63B | 1 | Introduction Walgreens is a U.S. drug retailer that sells both prescription Drugs (65% of net sales) and non-prescription drugs (10% of net sales) as well as retail General Merchandise (25% of net sales). In addition to its store offerings, Walgreens provides pharmacy services like prescription fulfillment. The company operates roughly 7,000 retail locations in the U.S. The company is principally in the retail drugstore business and its operations are within one reportable business segment. Market share of Walgreens is 31.2%.
Below are some key statistics about the 3 major drugstore chains as of July 2010: 1. Walgreens ranks #1 with market cap of $29.33 Billion, $66.25 Billion in revenue, and S&P rating of A+. According to Walgreens, 75% US population lives within 3 miles from its stores. On Oct 1, 2009, Walgreens opened its 7000-th store in Brooklyn, New York. In April 2010, it acquired 258 Duane Reade drug stores in New York Metropolitan area.
Up to September 11, 2014, Kroger has operated 2,638 grocery retail stores in 34 states under nearly two dozen banners. Kroger also operates 785 convenience stores under six banners in 19 states. 324 fine jewelry stores under names like Fred Meyer Jewelers and Littman
History and Background Supervalu, Inc. is the third largest grocery business in the U. S. based in Eden Prairie, Minnesota. “Supervalu’s origin lie in the 1871 merger of the Minneapolis wholesale grocery firms B.S. Bull and Company and Newell and Harrison Company” (SUPERVALU INC, 2010) They currently owns and operate more than 1,550 stores over 40 states, with the combination of 850 food and drug stores. Supervalu also owns several brand names such as Save-A-Lot, Albertsons, Jewel-Osco, Acme Markets, Cub Foods and much more. Most of the multiple brands operated by Supervalu, Inc. are located in regional markets.
The most prominent of the company's attractions is the corporate headquarters, where 500 people work within a seven-story building shaped like one of the company's products. The Longaberger Co. makes about nine million handwoven baskets annually at its manufacturing plant near Dresden, Ohio. With a total of more than 80 styles, the baskets are sold by independent sales consultants who hold in-home shows in living rooms across the country in all 50 states. Longaberger also sells fabrics, pottery, window treatments and wrought-iron home accessories. The company's home office is a replica of a seven-story Market Basket with two 75-ton handles on top.
Run Errands Care assistants run essential errands for their client. Disabled or ill people may be unable to get to the shops for groceries or pick up their pensions or prescription medications. In a hospital, the care assistant will often deliver medication from the pharmacy to the patients. The care assistant ensures that all these needs are met. Care assistants speak with the client or a family member discuss and determine the client's needs.
1. INTRODUCTION: This report aims to analyse the performance of the Marks and Spencer Group using some financial and non-financial indicators and to compare its corporate governance structure with that of a rival company, Waitrose Supermarkets. It also highlights some financial instruments multinational corporations use in managing foreign exchange risk. Company profile: Marks and Spencer (M&S) Group The M&S Group are one of the UK’s leading retailers that offer a range of high quality products and services such as clothing, home products and food services.The Group employs over 75,000 people and has 520 UK stores and an expanding international business in Asia and the Middle East (marksandspencer.com, 2007). Waitrose Supermarkets: The John Lewis PartnershipWaitrose Limited operates nearly 185 Waitrose supermarkets in London, southern England, the Midlands, East Anglia, and Wales it was acquired in 1937 by John Lewis Partnership, one of the UK's largest retailers.
Group 10: Wal-Mart Written By: Daniel Gasparini, Brian Crosby, Marcus Burns, LeeAnne Marshall, Daniel Lin, Daman Badesha, Josh Smith Submitted: Nov. 19, 2012 Course: BUS*2090*02 Summary Wal-Mart began its operations in 1962 with a single location in the mid-western state of Arkansas. This was in a time where grocery stores were beginning to boom in popularity. Since then, the company’s growth has exploded to over 8,500 stores across 55 countries; employing in excess of 2.2 million men and women. Wal-Mart has built its business empire by identifying itself to consumers as a “one-stop shop”; offering a variety of products and services across departments. These products/services include, but are not limited to groceries, clothing, electronics, automotive and petroleum.
The rapid growth of Lowe’s leaded to opening stores in Mexico and Canada within 2008. In 2011 Lowe’s entered in to a joint venture with Woolworth’s Limited opening a home center store in Australia. Within 2011 Masters Home Improvement (Masters) became a publicly traded company with Lowe’s owning one-third of Masters. Throughout the world, Lowe’s became the second larges retailer of home improvement products as of 2012. In addition, Lowe’s employed over 234,000 individuals within their 1,749 retail locations.
Both the sender and the recipient should feel complete clarity in regards to the intent of the message. Have you ever had to work with a manager who you considered to be incompetent? If not, research online and provide examples of famous managers who are considered incompetent. Yes What behaviours made you think this person was incompetent? The behaviours which I believe makes my supervisor incompetent are: - Providing conflicting and contradictory information and instructions - Having a lack of knowledge of areas they are responsible for supervising - Displaying no leadership ability or authority, having no respect from staff - By lying, being deceitful and taking credit for other staff members work - Blaming other staff member for their own mistakes - Failing to provide training to staff members in their roles - Refusing to accept any feedback from staff How did that person’s incompetence reflect on workplace relationships and workplace effectiveness?