Zappe also sought expanded distribution, brand quality retention and security for about 200 employees at factories in Gramercy, California and Pennsylvania. Zappe and Olson met with Utz representatives and other interested buyers in early 2010, while Zappe was receiving chemotherapy treatments for throat cancer. Olson says Utz emerged early on as the bidder with a business culture and management philosophy most similar to Zapp’s, with its 90-year history as an independent, family-owned
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, $66.25 Billion in revenue, and S&P rating of A+. According to Walgreens, 75% US population lives within 3 miles from its stores. On Oct 1, 2009, Walgreens opened its 7000-th store in Brooklyn, New York. In April 2010, it acquired 258 Duane Reade drug stores in New York Metropolitan area.
FSA Project Industry Analysis and Company Strategies on Drug Industry( Walgreens and CVS) [Author Name] Industry: Drug Retail Data based on Company Name | Revenues ($) | 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%.
Caleb Davis Bradham was born in Chinquapin, North Carolina on May 27, 1867. He graduated from the University of North Carolina at Chapel Hill and attended the University of Maryland School of Medicine, circa 1890. He dropped out of medical school because his father’s business was going bankrupt. After returning to North Carolina, Bradham taught public school for about a year, and later opened a drug store on the corner of Middle and Pollock Streets in downtown New Bern. He named the store “Bradham Drug Company” and, like many other drug stores of the time, housed a soda fountain.
Introduction Consumer Value Stores, better known as CVS opened its doors in 1963 as a health and beauty supply store in Massachusetts. Since then it has evolved to one of the largest retail pharmacy chains in North America. CVS is the second –largest drugstore in relation to total number of stores behind Walgreen Company. There has recently been a decline in pharmacy revenues across the US. In this case study, a three-year strategic plan will be developed using SWOT and QSPM analysis.
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. The supermarket deals in fresh foods, clothing and house-ware (waitrose.com, 2007). TABLE SHOWING THE FINANCIAL RATIO ANALYSIS FOR MARKS AND SPENCER GROUP. PROFITABILITY RATIOS unit 2007 2006 2005 Return on capital employed (ROCE) % 27.7 26.2 16.5 Return on shareholders' funds (ROSF) % 46 49 31 Net Profit Margin (NPM) % 12 10.9 8 Gross Profit Margin (GPM) % 38.9 38.3 35 EFFICIENCY RATIOS Average stock turnover period days 27 27 26 Sales revenue to capital employed times 2.3 2.4 2.1 Sales revenue per employee £ 113,193 110,904 106,172 LIQUIDITY RATIOS Operating cash flows to maturing obligation times 0.8 0.5 1.2 Current ratio times 0.5 0.6 0.7 Quick (Acid Test) ratio times 0.26 0.38 0.4 Gearing ratio % 56 64 75 Interest cover ratio times 9.3 6 4.9 INVESTMENT RATIO Dividend payout ratio % 39 39 41 Earnings per share (EPS)
Rough Draft for “Quiet Revolutions: The CRNA Scope of Practice” by: Sandra Tunajek, CRNA, ND In the article by Sandra Tunajek "Quiet Revolutions: The CRNA Scope of Practice", Tunajek starts by giving the origins of the first nurse anesthetists in America’s healthcare system. Nurse anesthetists have come a long way from their days in the battlegrounds of the Civil War, when nurses first provided anesthesia to patients. Today they are the main anesthetic source in the healthcare, providing anesthetics to millions of patients each year. For over a century, Certified registered nurse anesthetists (CRNAs) have continued to develop and perfect their craft. Due to technological and medical advances anesthesia related deaths have dropped from 2:10,000 (1980s) to 1:250,000 (today).
Corporate Finance-BUS 350 By: Taylor English & Yomar Torres For most Americans Target is the go-to store for almost anything from bedding and house ware items to notebooks and school supplies. Target Corporation turned 50 years old in 2011, while their financial results represent a single-year’s achievement, it’s an achievement based on their five decades in business. In 2011, Target reached a new high of $68.5 billion dollars; most of their sales come from household essentials. In 1962, Target opened their doors for the first time in Roseville, Minnesota. During the early years, Target was stocked with a full grocery assortment, for the 1960’s discount stores was a whole new concept.
Running head: Bombay Company The Bombay Company Park University The Bombay Company, Inc. Introduction. The Bombay Company, Inc. originally started out as a mail order company that expanded to over 500 store location nationwide selling large furniture, small, occasional furniture, home accessories and wall décor ( CNN Money, 2012; FundingUnivers,e n.d.). Starting out as a traditional mall-based retailer, in the early 2000s the firm started a off-mall strategy with one-quarter of their locations being off-mall by 2004; in addition, they offered a unique product line: more than 95 percent of the line was designed or styled specifically for Bombay (FundingUniverse, n.d.). The Bombay Company started in 1975 as a mail-order business based in New Orleans, the company sold small 18th- and 19th- century reproduction furniture pieces; by the end of the 1970s the firm was racking up annual sales of about $1.5 million, offering 12 different furniture items in ads and magazines ( FundingUnivers, n.d.). In 1979 Bombay signed with Canadian entrepreneur Robert E.M. Nourse to begin selling products in Canada; but since the mail-order market were limited in Canada, Nourse setout to convert Bombay into a retail property (n.d.).
(n.d.) Retrieved November 19, 2009 from http://www.neurosurgical.com. Insurance companies issued the first individual disability and illness policies in about 1890. In 1920 the first group health insurance was formed by a group of teachers in Dallas, Texas, contracted with Baylor Hospital for room, board, and medical services. In exchange for a monthly fee several large life insurance companies entered the health insurance field in the 1930’s and