For the year 2008, revenues coming from North America accounted for eight billion and ninety million US dollars, which represent 55.2% of the total revenues of the company. Sales in Europe accounted for five billion four hundred and forty three million US dollars, which represent 37.2% of total global sales. Cumulative sales coming from other regions are totaling one billion one hundred and thirteen million US dollars, or 7.6 % of total sales. Carnival carries around eight million passengers annually, which makes it the biggest cruise company in the world. Each year approximately 10 million people in North America make cruise vacations (around 9.5 million in the U.S. and 700,000 in Canada).
By 1969, there were fifty stores in Charlotte alone. Family Dollar Inc. went public in 1970. The company’s IPO price was $14.50 per share. Adjusting for stock-splits, one current share is equivalent to 162 shares. In 1971, the 100th store opened.
Inditex-Zara: Re-writing the rules in apparel retailing Zara is the flagship chain store of Inditex Group owned by Spanish tycoon Amancio Ortega , who also owns brands such as Massimo Dutti , Pull and Bear, Oysho, Uterqüe, Strad ivarius and Bershka . The group is headquartered in A Coruña , Spain , where the first Zara store opened in 1975. It is claimed that Zara needs just two weeks to develop a new product and get it to stores, compared with a six-month industry average, and launches around 10,000 new designs each year. Zara has resisted the industry-wide trend towards transferring fast fashion production to low-cost countries. Perhaps its most unusual strategy was its policy of zero advertising; the company preferred to invest a percentage of revenues in opening new stores instead .
Founded in 1976 by Sunil Bharti Mittal it operates in 20 countries across South Asia, Africa and the Channel Islands. Airtel is the world's third largest mobile telecommunications company with over 261 million subscribers across 20 countries as of August 2012.ii It is the largest cellular service provider in India, with 183.61 million subscribers as of November 2012. Bharti Enterprises is one of the branches and owns various businesses spanning across telecommunications, retail, financial services and manufacturing. In August 2007, Bharti Enterprises tied-up with Wal-Mart for opening a chain of retail stores all over India. The two companies have signed a wholesale cash-and-carry deal.
Stores are supplied every two weeks with new fashionable garments and in small batches in order to achieve an effect of scarcity, which is a second key element of the Zara business model. The third one is delivering many different styles in all forms and shapes so that there are more chances customers will like the clothes (Inditex website). 3. PESTEL Analysis 3.a. Political Political factors
The company operates more than 3,100 store locations worldwide, including Gap, Banana Republic and Old Navy stores throughout the US, as well as in Canada, the UK, France, Ireland and Japan. In addition, the company also markets its products to its US costumers through three websites: www.gap.com, www.babanarepublic.com and www.oldnavy.com. The company recorded revenues of $ 15,943 million during the fiscal year ended January 2007, compared to $ 16,023 millions during fiscal year 2005. The operating profit of the company was $ 1,264 million during fiscal year ended 2007, a drastically decrease of 29.2% over 2006. The net profit was $ 778 million, a decrease of 30,1% over 2006.
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.
The company operates under the Wal-Mart name in the United States, including the 50 states and Puerto Rico. It operates in Mexico as Walmex, in the United Kingdom as Asda, in Japan as Seiyu, and in India as Best Price. Wal-Mart was constructed into a three product divisional structures and they are: Wal-Mart stores (U.S.), Sam’s Club (U.S.), and international stores. The store was built on three beliefs: strive for excellence, great customer service, and respecting other individuals. Wal-Mart Stores U.S. is the company's largest division, accounting for $258 billion, or 63.8% of total sales for financial year 2010.
The company also offers a range of both online and offline personal finance services. Tesco is headquartered in Hertfordshire, UK. For the year ended February 2004 Tesco PLC achieved revenues that totaled £33,557 million, an increase of 18.7% against the previous year’s revenues that were £28,280 million. (5) History This part I have divided into three main fraction: Grows; Marketing/management strategy and competition during each particular period of time. Competition is included here for the reason that I am strongly persuaded that it is the main driving force for any business.
Report on Zara Rohit Ram BBA+MBA(IB) SEM 5 A1823209007 Zara Zara is the largest and most internationalized of Inditex’s chains. At the end of 2001, it operated 507 stores in countries around the world, including Spain (40% of the total number for Inditex), with 488,400 square meters of selling area (74% of the total) and employing €1,050 million of the company’s capital (72% of the total), of which the store network accounted for about 80%. During fiscal year 2001, it had posted EBIT of € 441 million (85% of the total) on sales of € 2,477 million (76%of the total). While Zara’s share of the group’s total sales was expected to drop by two or three percentage points each year, it would continue to be the principal driver of the group’s growth for some time to come, and to play the lead role in increasing the share of Inditex’s sales accounted for by international operations. Zara completed its rollout in the Spanish market by 1990, and began to move overseas around that time.