This adjustment makes a shoplifter's job that much easier. However, shoplifters should also know that they continue to hurt the economy every time they leave a store with merchandise that does not belong to them. Retailers are fighting back Higher prices hurt the economy. However, retailers are forced to raise the cost of merchandise to recover some of the profits they lose to shoplifting. When retail theft escalates, the cost of doing business will also increase, and this leaves the paying customers to pick up the multi-billion-dollar annual tab left by
FJR has discussed the research with management and highly recommends that they do not open any new locations until further research has been done in other areas. It is very expensive and time consuming opening new locations and Kudler does not have the financial means to do so just yet. What Kudler Fine Foods needs to focus their attention on is other competitor in the market. They can offer coupons or special promotions towards maybe the first of the month which will attract consumers into purchasing more products because most consumers get paid at that time. Kudler will also advertise to the Asian community by having advertisements in their language.
Nowadays, the retail industry is targeting younger adults and senior citizens for hire and Wal-Mart is especially guilty for this. In reality it’s impossible to make a living working in retail and these targets are easy to manipulate. The majority of Wal-Marts goods are made outside of the U.S. and often in sweatshops. It’s displeasing and although the fine low prices are tempting, some customers will disappear because customers will feel terrible of workers treatment. Without customers, there is no business and this will hurt this large company in the long-term.
Because the company must produce all financial information to the SEC many businesses find it to be very stressful and time consuming which takes time and money away from a company that is thriving like Kudler Fine Foods. Legal liability is important when conducting an IPO and those offering the shares can be personally sued. The expenses continue after the company goes public with the SEC reporting requirements. Kathy Kudler will not only lose control of some of the decision making for Kudler Fine Foods with an IPO, but she will also lose some of the profits, as a portion will go to the
Kudler may not have the resources to launch advertising for the company because problems have occurred because of the lack of experience to the target market. Kudler needs a target market to allow the company to focus on marketing dollars and brand communication on a exact markets that is more likely to buy from than or other markets. This is a much more reasonable and efficient, and successful way to make potential clients and generate business. Kudler chain of stores makes them a distinguished factor in the market. This is why a lack of customers will have a huge affect on the growth of the company because of the decrease of the sales in the
The owners of mom and pop stores might be the biggest. With Walmart being able to charge such low prices, it is only a matter of time before the stores get shut down. There is also the group of people who want to keep their town the way it is. Small. There are often people that are very opposed to change within a small town and do not want to see it turn into a booming large city.
onsumers by increasing the price of products sold to make up for the products lost. Increased prices may now cause consumers to travel and go elsewhere to purchase comparable items at a cheaper rate. Honest shoppers now fall into the same mistrust category as shoplifters because they cannot be distinguished easily from one another by the retailer. If a store has to close down because they can’t make any money then that cuts jobs. One store may not seem like a big difference, but when stores are closing every day because they can't maintain a stable business because of shoplifters it changes a lot for families everywhere.
The money being used to make pennies could be made for other, more useful, things such as buying supplies for schools or helping the homeless. With the cost of penny making going up, the price of everything else has gone up along with it. Because of the growing and evolving economy, no longer does something cost a penny (Source C). Due to the inconvenience, most cashiers become frustrated when someone tries to pay for something with pennies. Although, by eliminating the penny, prices would either have to rounded up or down, but this could be a “win-win” for both the consumer and the corporate businesses.
There are numerous contributing factors that make this even harder on the population of Mohave County to survive. The need is evident with the growing rate of people only surviving because of benefits like food stamps and unemployment checks that things need to change. This is even more of an issue right now with the government shutting down and putting a stop to programs like WIC and possibly food stamps. The need is for there to be more available positions. The reasons this occurs is due to numerous factors like the number of companies going out of business, lack of job growth, future plans for job growth does not meet the need, founding father’s not allowing large business to come to town, education level of community, sales tax is high, and average household income is low.
Some stores may depend on a daily consumers to buy from their stores. Also, the schedule of truck delivery would be pushed back and result in chaos as they attempt to get back on the right schedule. In the end, stores would not necessarily close down however they would suffer a great