After making several calculations on both Kohl’s and JCPenny’s finical statements it is clear that Kohl’s is in a better financial position. Starting with over an 8-point gap between Kohl’s 3.50 net profit margin, to JCPenny’s -4.06 net profit margin. This proves that Kohl’s is more profitable making 3.50 dollars of income for every item sold, on average. Kohl’s is the better company to invest in but JCPenney is slowly pulling themselves out of a financial crisis. According to Investopedia, “Kohls is opening a new outlet store it calls Off-Aisles… if this concept works, which it likely will, considering consumer conditions, look for Kohl’s to ramp it up, big time.
M8: Assignment 3 Deniro Dawson Justin Palyvoda Caitlin Gayle Po Melanie Shane INFO 290_21 Professor Chen Macy’s vs. JCPenney Word Count: 1205 Introduction Macy's, Inc. is a retail company operating stores, websites and mobile applications under various brands, such as Macy's. The Company sells a range of merchandise, including apparel and accessories, cosmetics, home furnishings and other consumer goods.
Dillards, Inc versus Nordstrom, Inc. FI305.001 Michelle Miller, Phillip Stowe, Daniel Carr Table of Contents Firm Overview……………………………………………………………………………….. 3 Critique……………………………………………………………………………………….. 4 Financial Statements and Ratios………………………………………………………….. 8 Firm Overview Nordstrom’s and Dillard’s are both retail stores categorized within the family clothing retail industry. They fall into this category because they each provide clothing lines for men, women and children; they exemplify the marketing trope: for “the whole family”.
Annual Reports and Press releases The annual reports and press releases of both companies slightly differ though with a portion of similarity. Although, Home Depot’s annual report is composed at the headquarters of giving an inclusive report on all of the retail stores in the world, through the company’s website these reports posted can be found. Therefore, this being impartial and all-inclusive to an extent of analysis it would have to be done on the contrasts, similarities, profitability, and performance of different retail stores in different regions or countries. However, the shareholders and customers analyze the summary provided to know the general performance.
In her essay, “In Praise of Chain Stores”, Virginia Postrel hails the progressiveness of chain stores and counters arguments made against them. As a frequent shopper in my city, I have experienced the benefits of chain stores and how they affect the locals that shop in them. I believe that chain stores have not turned Augusta into a boring city because they are familiar even to those new to the area, they have a high standard of quality and service, and provide fair fixed prices. First, Postrel quotes Thomas Friedman in her essay, stating that “…America is mind numbingly monotonous- the most boring country to tour; because ‘everywhere looks like everwhere else…’ the familiarity of a Walmart to someone new to Augusta may be a relief,
The 16-year relationship between Costco and American Express will come to a formal end on Monday. Several months ago Costco announced the changes coming to all of their nearly 475 U.S. stores. There were mixed feelings about the change that will begin on Monday. For customers using their TrueEarnings credit card, Sunday will be the last day to use the that card. This card will no longer be valid for any purchases on Monday.
The Culverhouse College of Commerce houses some of the brightest students here on our campus that aspire to one day be professionals in the real world. I consider it to be a privilege to be one of the 8,500 students, and it would be an honor to represent the college. I would love to pursue other students to experience Culverhouse through my role as an ambassador. The ambassador program will enable me to be more involved in my college, as well as share my wonderful experience with others. These two reasons are what ultimately motivated me to apply for this program.
Retail positioning aims to provide competitive edge by differentiating the retailer from its competition. This differentiation can be achieved through retail offerings that appeal to, and are easily identifiable to by its target market. This process is done by selecting market segmentations and matching them to the retail offerings as precisely as possible. It is vital to understand the consumers needs and wants in order to make a proper match and be distinguished from other retailers. Nordstrom distinguishes itself from other retailers by positioning itself as an upscale fashion store with outstanding customer service, and its multichannel approach.
Recently, Macy’s Inc. announced that they are planning to open its stores in Abu Dhabi, United Arab Emirates (UAE) in 2018 with partnership of Al Tayer Group LLC whereby it will be Macy’s first and Bloomingdale’s second international store location at Al Maryah
As a first generation immigrant, Jenny Ming is truly successful in pursuing her own dream career. Graduated from San Jose University with a bachelor of arts in clothing merchandising and a minor in marketing, Ming had worked for various apparel companies including Macy’s, Mervyn’s, Gap, and Old Navy. She now serves as the president, the CEO, and the chief merchandising officer at Charlotte Russe. While earning about $1.3 million a year, Ming has managed to have both a profitable career and a personal life outside her business.
Naturally inquisitive and intellectually curious, I am a senior at Oklahoma State University pursuing, B.S. in Industrial Engineering. As an industrial engineering major I have studied a blend of business and technical subjects. I have always been interested in how individual things work in a system and have learned the science and art of designing processes and systems with better quality and productivity. Using knowledge of engineering, mathematics, business administration, and management, I have focused on the way products and services are made and performed. I have always believed in collaborating to achieve shared goals and have developed through challenging experiences.
Therefore, I want to again experience a dynamic and stimulating environment that I had at Graded by studying in the dynamic and multicultural UK at QMUL in order to prepare myself for future challenges and this new chapter in my professional career. Attending university in Brazil was essential to develop both business and personal networks in the country I plan to work and live in for most of my life. At the same time, I believe that an international experience with a specific objective is valuable, since it provides an opportunity to broaden horizons by living abroad, expand my network to a more global level, and to get in touch with the latest concepts and principles in the business world which are highly developed in the UK. Recently, I have shifted from a predominantly technical position at an engineering firm to a managerial position in the family business where I am training to become the future CEO of the company.
As an Economics major, having international experience in a culturally-rich environment such as Paris will allow me to exercise my language and intercultural skills. I especially look forward meaningful forming relationships with people from diverse backgrounds; my peers and the local residents. The French language in particular is spoken around the world in both Western and developing nations, including my parents’ homeland of Haiti. When I graduate I want to become a Foreign Service Officer, with a specialization in Francophone countries, giving me the power to connect with local communities and make a positive impact through my work in the official government language. My career goal is to one-day serve as the United States Ambassador for Haiti.
I am a native speaker of Mandarin with an accounting major. I have a strong understanding of international commerce, e-Commerce and marketing. I keep myself updated about e-commerce news, especially that in China, as well as learning marketing strategies in my spare time. I am now keen to apply this knowledge in a practical setting. Having a strong interest in the financial industry, I have taken six units of studies in finance and was a committee member of ANU Trading and Investment Collective.
When I graduate I would like to work for a company that has global operations and potentially someday have the opportunity to work in a country outside of the United States. This experience would help give me an understanding of what it would be like to live and work in a foreign country in order to prepare me for future endeavors. I have chosen to take Intercultural Communication and The International Business of Sport during session one and Italian Cuisine and Modern Architecture during
