Kroger Company SEC 10-K Analysis The Kroger Company was founded in 1883 and incorporated in 1902 and is now headquartered in Cincinnati, Ohio. As of January 30, 2016, Kroger is one of the largest retailers in the world based on annual retail sales; they also manufacture some of their own food for sale in company supermarkets. Their primary revenues are earned at point of sale to customers in Kroger stores and fuel centers. As of January 30, 2016, Kroger operated, either directly or through its satellite companies, 2,778 retail food stores under a variety of local companies, 1,387 of which had fuel centers.
One reason is they can have a significant force in the hunting and fishing market. By owning twenty percent, they can drive prices up or down and get customers with low prices or running other companies out of business. The only other major hunting and fishing retail outlet is Dicks Sporting Goods, which is a fraction of the size of Cabela’s and Bass Pro Shops. They can also have a major focus on what is being sold and in mass production. Cabela’s tried mass producing after being known for high-end hunting gear, and dedicated hunted stopped shopping at the store unless they needed products in mass quantities.
Sears Holdings outlined three main objectives in 2015 to ensure its long-term success: restoring profitability; focusing on its best members (most loyal customers), best stores,
J. C. Penney Company, Inc. (JCPenney) is a holding company. The Company's business consists of selling merchandise and services to consumers through its department stores, its website, applications for desktop, mobile and tablet devices. Its department stores and website generally serve the same type of customers, offers the same mix
Lowes Companies, Inc. The Home Depot, Inc. Menard, Inc. Open more stores Open more stores Slowly controlled growth Target women Target DIY Target DIY, customer centric Centralized distribution Increase regional distribution centers Hub-and-spoke distribution system Better store appeal Improve supply chain and merchandizing tools.
The Walton family, who are the owner of Walmart, own ASDA. The company was founded in 1965 when the supermarket owning Asquith family merged with the Associated Dairies company of Yorkshire. It expanded in to the south of England during the 1970s and 1980s, and acquired Allied Carpets, 61 large Gateway Supermarkets and other businesses, such as MFI, then during the 1990s, sold off its acquisitions to concentrate on the supermarkets. ASDA is a public limited company which is also a PLC. This means its shares are sold to and legally bought by members of the public.
Lowe’s Business When a company continuously grows and changes its processes to ensure that they are staying with or a head of its competitors, one can say that they are great at planning and executing. What does the ability to plan for business growth look like? This can look like many things when dissected for others to view or to try and emulate. Lowe’s as an organization has spent a great amount of time developing this business plan and have reevaluated that plan over time to ensure they are giving their customers the best service and products to continue their business growth. Each business needs to have a positive mission statement, a profitable business model, and the ability to sustain a financial advantage.
So in 1925, the company opened a brick-and-mortar store in Chicago. It was called the Sears, Roebuck and Co. Retail Store, and it was built inside the massive warehouse where Sears processed its catalog orders.” This shows that Sears was a brick-and- mortar store that only went out of business a few years ago; this is still happening today. Another example of this is in the article “The Rise of Amazon” on page 25 when Carro states “Today, many brick-and-mortar businesses are having trouble surviving in the world of online shopping. Over the past decade, many companies have struggled to stay afloat—or have gone out of business entirely.
Target Corporation, founded by George Draper Dayton, opened its first doors in 1902 in Minneapolis as Dayton Dry Goods Company. Dayton’s ethics and belief in “the higher ground of stewardship” is what molded his organization (Target through the years). Dependable merchandise, generosity and honorable business practice defined Dayton Dry Goods Company. Throughout the years, this company went through different leaders that have adopted changes to bring this company to success.
Form of Ownership: Corporate chain. The many Trader Joe stores are all owned by Trader Joe’s Corporate. Level of Service: Limited Service. Most grocery stores would fall into the limited service category. Customers are responsible for most shopping activities but sales assistance is available in the aisles and of course at check-out.
Sears, Roebuck and Co. also known as Sears is owned by Sears Holdings Corporation. Throughout this assessment our sole focus will be on the sears integrated retail chain, focusing on a number of assessments that will give an overview of Sears current and future state. Sears integrated retail store serves its customers with a variety of services including merchandising, apparel and automotive services; these incudes Sears-branded and affiliated specialty lines such as (Sears Holdings, 2016). Sears primary location stores are mall-based locations totaling its current locations at 717 stores including, 634 Sears Auto Centers (Thomson Reuters, 2016). Sears identifies themselves as a wide range integrated retail store which is celebrating
Kmart’s supply chain includes organizations, resources, people, activities and information or moving products from supplier to end customer. It involves ordering to suppliers, transportation of products, storage of products in warehouse, moving products to Kmart stores and finally providing products to customers. Kmart supply chain takes care of entire flow from manufacturing to warehouse till stores. General merchandise and apparel products for Kmart are produced directly by factories located in Bangladesh, China, India, Cambodia and Indonesia. Illustration of Kmart using Porter’s Model:
Sears Roebuck Company is currently a subsidiary of Sears Holdings Corporation a publically traded company. Sears Roebuck Company is in the retail industry providing merchandise and related services to consumers. Sears Roebuck Company range of services include the following: merchandise, apparel, and automotive products. The Kmart Holding Corporation acquisition of Sear Roebuck Company was corporate strategy completed in hopes of creating synergy. Sears Roebuck Company offered consumers leading proprietary brands that included the following: Kenmore, Craftsman, and Diehard.
Despite the merger with Kmart which was the second-largest retailer and with an affirmed belief that it can still turn things around, Sears is teetering on the edge of disaster. Under the direction of the hedge-fund moneyman Edward S. Lampert, Sears has borrowed to the hilt. Many of its most valuable assets have been sold off. Sears stores have been starved for cash and attention. An early shift in the organizational structure designed to create competition among store departments a strategy used by some hedge funds to allocate company resources instead led to infighting (Peterson,
Sears began as the Amazon of the late 1800’s. Prior to Sears consumers purchased their goods from their local general stores and the prices were somewhat arbitrary. Along came Sears and they began publishing catalogs with a wide variety of products and at confirmed printed prices. Business grew quickly and the product offering became extensive and widespread. Eventually the company began opening retail locations to compliment the catalog business.
