Their company headquarters is located in Austin Texas where they were founded in 1978. Whole Foods Market does not have an official mission statement however; they do express their mission through their companies’ core values: * “We sell the highest quality natural and organic products available * We satisfy, delight and nourish our customers * We support team member excellence and happiness * We create wealth through profits & growth * We serve and support our local and global communities * We practice and advance environmental stewardship * We create ongoing win-win relationships with our suppliers * We promote the health of our stakeholders through healthy eating education” (http://www.wholefoodsmarket.com/mission-values/core-values) While they do not have an explicit mission statement John Mackey did make clear his vision for the company, “We aspire to become an international brand synonymous with not just natural and organic foods, but also with being the highest quality food retailer in every community in which we are located. We believe our strict quality standards differentiate our stores from other supermarkets and enable us to attract and maintain a broad base of loyal customers.”
Company Background: J Sainsbury PLC owns 557 supermarkets and 377 convenient stores across UK. the comapny was founded by J Sainsbury in 1869 and still remains the family controlled company. It also owns the Property Joint ventures in collaboration with Land Securities Group PLC and The British Land Company along with Siansbury’s Bank in partnership with Llyods Banking group. The Company is known for providing quality foods at fair prices with sustainable and responsible business approach.It is known for the fresh, safe, healthy and delicious food. The company believes in the philosophy of striving hard to be innovative and cater to their customers' needs in best possible manner.
(Wal-Mart Corporate Website) Huge turnover, large customer base and returning customers show that Wal-Mart has been able to achieve this goal in its 50 years of existence. Wal-Mart sources material from third world countries at low price. Very efficient supply chain management and bargaining power has enabled Wal-Mart to sell goods at low price. Company is also pursuing vertical integration strategy to lower cost. Answer-2) Wal-Mart Stores had turnover of $446.95 billion and net income of $15.77 billion in financial year ending
With the two core values of Tosco: None tries hard for customers and treat them as we want them to treat (2005).Tesco is beautifully driven by its quality service and standard products. Its emphasis mainly on understanding needs of customers through highly trained and motivated employees to guarantee customer satisfaction. Tesco’s mission and vision shows that the company is driven by loyal customers (2006): [TEO3]. As the retail industry profit is steadily increasing and profiting by cash cows, Tesco’s strategic position is alaysed in this report. Dominating food and grocery retail market by almost three-fourth of all sales accounted, Tesco cemented its place to be largest retailer in UK.
Wal-Mart Sam Walton is the founder of the super retail chain Wal-Mart. In 1962, he successfully opened the first Wal-Mart store in Rodgers, Arkansas. Wal-Mart has since become the most powerful retail store worldwide. Wal-Mart employs 2.2 million people worldwide and serves 200 million customers weekly at more than 10,000 stores in 27 countries (Walmart Stores, Inc., 2012). The Wal-Mart retail chain is successful because of their proficient ability to execute the four functions of management, which includes planning, organizing, directing, and controlling.
Sainsbury plc. Business consists of supermarkets, convenience stores and Sainsbury banks. In 2010, Sainsbury became the first world’s largest retailer of fair trade products and only food retailer to have won Gold accreditation by the investor in people. Vision: ‘’To be the most trusted retailer where people love to work and shop.’’ Goal/Objectives: ‘’To make all our customers’ lives easier every day by Offering great quality and service at fair prices.’’ Mission: Is to be provider of healthy, safe, fresh, and tasty food at fair price Reference: http://www.j-sainsbury.co.uk/about-us/ Strategic objectives: The Sainsbury strategic objectives are to be the most trusted retailer and to be supermarkets where people will love to work and shop. Sainsbury plans is to focus on five areas that are supported by their strong values, culture and operation excellence.
WHOLE FOODS MARKET IN 2010: VISION, CORE VALUES & STRATEGY Section I What is the setting of the case i.e. the type of industry, the firms, operations, and nature of the environment/market[s]? What appears to be the issue(s), concern(s), problem(s), challenge (s) and/or opportunities and their significance for the organization? Whole Foods has become an industry leader in food retailers and has become the world largest chain of natural and organic foods supermarkets. Since the passage of the Organic Food Production Act in 1990, millions of Americans have supported a movement towards organically grown foods by socially responsible farmers.
Firstly, most of its supercenters are about 185,000 square feet and offer a plethora of groceries, electronics and other consumer goods at prices that are rarely matched. Its wholesale brand, Sam’s club, offers customers conveniences such as parking and large “warehouse-like” shopping spaces with high ceilings. Besides, an efficient logistics’ system, Walmart, because of its size, has the ability to eke out the lowest prices from its suppliers, while simultaneously encouraging its suppliers to innovate new products and produce those products in large volumes. So, on a macro level, Walmart seems to have the correct strategy in the United States as far as promotion, price, product and place are concerned (4P’s of marketing). One of the main reasons for Walmart’s lack of success in other countries is in trying to impose American values, cultures and shopping habits in other countries.
Organizing Work: Structure Michelle Collins, Michael Desjardins, Nathan Gonzales and Belinda Harmon Management 521 Daniel Kearney May 18, 2014 Organizing Work: Structure Organizational structure plays a major role in a company which is growing. Dole foods organizational structure is a sound structure. “Dole is the world’s leading producer, marketer and distributor of fresh fruit and fresh vegetables.”(Dole) In this paper team B will discuss the structure of Dole foods, and will show team B recommendation to the organizational structure of Dole foods. In addition, the team will discuss any changes or adaptation needed to build a sound structure for the company. Dole Foods is considered the world’s leading producer of fresh fruits and vegetables with business and networking sites all over the world including Europe and Asia.
Marketing Research Paper Kellogg and New Product Innovation Managing the Marketing Function November 8, 2010 Executive Summary The Kellogg’s Company began over 100 years ago in Battle Creek, Michigan, producing ‘better-for-you’ breakfast foods with a strong focus on nutrition, health, and quality. Today, it has a wide geographical presence, manufacturing in 18 countries around the world and selling products in over 180, still maintaining its headquarters in Battle Creek. The company produces and markets ready-to-eat cereal and convenience foods. While cereal is produced under the Kellogg’s name, the company produces many other products under various brand names which include; Keebler, Cheez-it, Murray, Austin, and Famous Amos. A commitment to nutrition without compromising taste or quality remains at the core of its business philosophy.