Kohl's & Dillards'

remained flat in the last three years despite rising healthcare and other costs. The company repor ted

Kohl’s corporation operates more than a thousand department stores all around the United States. This company offers exclusive products for women, men and children that include apparel, footwear, accessories, home products and beauty products. The risk factors for this company include competition, fluctuations in the monetary system, brand recognition issues, etc.

There are many retail giants that have had an active presence on the market for sometime. A few that come to mind are JCPenny, Macy’s and Nordstorm’s. However, one major retail chain that has spread across the country was started right here in the state of Arkansas. Dillard’s first department store was opened in 1938 in Nashville, Arkansas by its founder William Dillard. Since its inauguration, Dillard’s has turned into one of the more prominent retailers in the United States. With an ever growing market base and clientele, Dillard’s has seen successful since the early 1950s. This success, however, leaves people with a few questions about the Arkansas native retail giant. What does Dillard’s current market look like? How does Dillard’s compare

Competition is a constant challenge for Kohl’s especially when it comes to retaining customers and the market share. Kohl’s also has a weak global presence and the profitability was declined in

Just in 2017, “there were nine bankruptcies…where more than 10 stores announced store closure” (Thompson). One of the main attributes that caused the fall of store closures is the rise of online sales in venues like Amazon or eBay. This phenomenon not only attracts US consumers, but it also has incentivized foreign shoppers, specifically those in Mexico and Canada, to purchase American goods on online platforms like Amazon.

This report presents data describing the differences amongst the two department stores, their fundamental visions, and comparative statistics. Macy’s or Dillard’s: Differences amongst these competitors There are several aspects you can analyze from each department store. Major pieces do set each one apart from the other. Brand names carried by Macy’s and Dillard’s from an average shoppers point of view can go completely unnoticed unless price is involved. For trend shoppers brand names can either make or break a retail store. It can easily determine if he or she will walk to Macy’s or Dillard’s because they already know the store does or does not carry that brand. This is consistent with each department throughout both stores and

Department stores are not easy to manage, and take a whole team of individuals to run daily operations smoothly. Dillard’s success at the turn of the century came from balancing finances properly, incorporating a friendly atmosphere, and building its reputation as a welcoming upscale department store. In recent years, however, Dillard’s Inc. has surfaced in headlines for being listed as one of the worst companies in the nation to work for. With stiff competition and acquisition factors, the department store industry is not one to lag behind in and

In this segment, the retailer J.C. Penney will be analyzed against the department store retail industry, with particular emphasis placed upon their competitors, Macy’s and Kohl’s. The major components to be discussed will include the general external environment (i.e. demographics, economics, politics, legal requirements, technologies and global expansion), the industry environment, the competitive environment, the driving forces and the key factors for success within the industry. In terms of the general external environment, the retail industry is a multi-trillion dollar business in the United States alone and maintains operations primarily due to consumer spending. Such purchases rely upon the disposable income of

JCPenney Company, Inc., a public traded company that has its common stocks traded on NYSE market under the ticker symbol “JCP”.

BBBY faces both external / internal potential problems while it tactics to implement its expansion plan.

The current economy has hurt many retail businesses. Every month another retail giant closes its doors. Retail stores which we never would have imagined have gone bankrupt. Retail sales have declined greatly. Major cause of this declination is because many people are unemployed and cannot afford to purchase anything. Retailers are forced to discount prices to increase sales, but discounting still hurts margins. Retailers are assuming a very

Economists use the retail sales data in their models to make predictions on a wide variety of economic issues. Again, because retails sales accounts for such a large proportion of GDP, it is used along with other factors as a way to estimate the direction of the quarterly and annual GDP numbers. Used in conjunction with data such as the consumer price index, it is also very relevant for inflation forecasts as the data can offer glimpses into the affects of rising or falling prices. This in turn is closely tied to predictions for the direction of future interest rates as potential additional government action. Finally the retail sales data can be used to estimate

The retail industry is highly competitive, with few barriers to entry. Each Company competes with many other local, regional and national retailers for customers, associates, locations, merchandise, services and other important aspects of the Company’s business. Those competitors include other department stores, discounters, home furnishing stores, specialty retailers, wholesale clubs, direct-to-consumer businesses and other forms of retail commerce. Some competitors are larger than JCPenney, have greater financial resources available to them, and, as a result, may be able to devote greater resources to sourcing, promoting and selling their products.” There are many factors that characterize competition, including advertising, service,

Daniels Fund Ethics Initiative University of New Mexico http://danielsethics.mgt.unm.edu  Zappos: Delivering Happiness to Stakeholders INTRODUCTION Can a company focused on happiness be successful? Zappos, an online retailer, is proving that it can. The company’s revenue grew from $1.6 million in 2000 to $1.64 billion in 2010. Tony Hsieh, Zappos’ CEO says, “It’s a brand about happiness, whether to customers or employees or even vendors.” Zappos’ zany corporate culture and focus on customer satisfaction has made it both successful and a model for other companies.

Census Bureau and the U.S. Department Commerce puts out. As far as the sampling data, the U.S. Census Bureau categorizes retailers by industry group. The sampling data is then sub-stratified by the measure of size of each industry related to their annual sales. Sampling units that are projected to have a large effect on the precision of the estimates are selected “with certainty”, meaning they are sure to be selected and will only represent themselves. Within each industry rank, the U.S. Census Bureau determines a cutoff, based on results from data of the 2007 Economic Census, that divides the certainty units from the noncertainty units. Accordingly, these values are on a 2007 basis. The year 2007 was the year leading up to the 2008 recession and housing market crash. Comparing our current retail sales data to that of 2007 is only going to make it appear as we have a thriving economy, which in reality, we don’t. I truly believe that we should update our base year to a more current one, perhaps 2014. Doing so will reflect more precisely how well our economy is doing and not give us false advertisement.