Discount store

in Minnesota with the name of Dayton. In 2000, the name of Target was adopted.  Target is the second-largest discount store retailer in the United States after Walmart.  Its principal competitors are Wal-Mart, Costco, Sears, Dollar General, Dollar Tree  Target manages an online store and 1802 stores in the U.S. California is the one having the greatest number of stores, 273 stores.  In July 2017, its revenue was 69,577 million with a net income of 2,778 million. http://www.mergentonline.com

The Beginning of Macy’s In 1858 Rowland Hussey Macy founded what is known today as Macy’s Department Store in New York City. The company is a mid-range to upscale chain of department stores that target middle to high level incomes. On November 25, 1929 Federated Department Stores was a new American retail company that was a combination of Bloomingdale’s, Filene’s of Boston, Abraham & Straus of Brooklyn, and F&R Lazarus & Company of Ohio. They all agreed to still keep separate identities but would

Three days after Wal-Mart Stores announced that it would pull out of Germany, Roland Kögel was wandering through the aisles of a somewhat threadbare Wal-Mart in a strip mall in this western German city. Multimedia {draw:a} Related Retail Chains Scramble to Enter Indian Market (August 2, 2006) ) {draw:a} Chung Sung-Jun/Getty Images In South Korea, Wal-Mart had only 16 stores — a small presence that contributed to its decision in May to sell out to a Korean discount chain. {text:bookmark-start}

Dollar Tree Logistics Company Background Dollar Tree Stores, Inc. is the largest retailer among low-price convenient variety stores in the United States. Placing all of their merchandise at the one dollar or less price range, the company’s stores offers a wide variety of general goods, including food, housewares, health and beauty products, hardware, cleaning supplies, and many other consumer items. As of 2004, Dollar Tree had over 2,500 stores operating in 47 states. Because of its purchasing power

in store brands which now account for 20% of Target’s sales volume (Kotler & Armstrong, 2014, p. 264). Despite success with designer labels and in-house brands, Target’s yearly total sales decreased by 1% and net profits decreased by 33% over the prior year’s sales and profits (Kotler & Armstrong, 2014, p. 264). With the continuous loss of sales to competitors such as Walmart and dollar stores, Target’s store brands proved successful in keeping the company afloat in the competitive discount retailer

DATA ANALYSIS OF WAL-MART STORES, INC COMPANY BACKGROUND Wal-Mart initially began its operations in 1945, when Sam Walton leased a ‘Ben Franklin’ franchise variety store in Newport, Arkansas. After relocating to Rogers, Arkansas in the early 1950s, Sam Walton’s ‘Ben Franklin’ became ‘Walton’s 5 & 10’. By 1962, Walton found himself the chain owner of 11 different Walton’s stores across Arkansas. He then decided to rename the chain ‘Wal-Mart’, after himself. On October 31, 1969, after further

During this paper we will analyze how the department store industry has evolved and more important how companies are managing new strategies to remain competitive. Moreover we will use the case of JCPenney as a main focus to see how successful their strategies are. To provide a good analysis, we first need to understand how the industry has evolving and what the major companies like JCPenney are doing to continue in the industry. The department store industry has managed to survive many economic ups

company that includes the department stores Macy’s and Bloomingdales, and the specialty stores Macy’s Backstage, Bloomingdale’s The Outlet, and Bluemercury. We learned in Chapter 3 that a department store is a place where there is a wide variety of products under one roof, separated by departments. We also learned that a specialty store is a place that has a niche market, meaning that it zones in on selling a specific range of things. For example, a specialty store might only sell women’s apparel, only

type. A store like Nordstrom has built a successful model on availability of knowledgeable salespeople, and other luxury or near-luxury retailers would be advised to pay attention. But a mass retailer like Target is not dependent on “high touch” customer service; rather, the most important things it can do to satisfy its shoppers are to ensure that goods are on the shelf and the checkout process is efficient. As more consumers migrate to

and commercial department stores. Located in 45 states, includes approximately 157,900 employees and operating about 870 stores. To serve their diverse customers, they have to be a diverse company, which is why women represent 75 percent of the workforce and ethnic minorities represent 59 percent of associate teams and 36 percent of management teams. Macy’s has gained its reputation for many decades since it first opened. In 1858, Macy’s was first opened as a dry goods store in New York City by Rowland