ipl-logo

Nordstrom Executive Summary

512 Words3 Pages

The United States is definitely one of the world’s hyper-consumerist societies. According to statistics, annual retail industry sales from 2000 up to 2014 amounted to approximately $ 3.08 trillion. People constantly have the urge to buy, most especially with enticing advertisements, discounts, and special offers from numerous retail stores offering a wide variety of goods and brands. So when it comes to shopping for just about anything under the sun, you will never run out of options of places to shop in America – from high-end retailers to discount stores. Here’s a list of the country’s top 10 department stores (in no particular order). 1. Nordstrom – Is an upmarket retailer for shoes, clothing, accessories, cosmetics, fragrances and jewelry. The store which is headquartered in Seattle, Washington and currently operates in 34 states, was founded by John W. Nordstrom and Carl F. Wallen. …show more content…

JCPenney – is a chain of department stores based in Plano Texas. JCPenney has 1,107 stores operating within 50 states in the U.S. as well as in Puerto Rico. The store offers a wide range of conventional goods at discounted prices. 3. Target – started in 1902 and is headquartered in Minneapolis, Minnesota. Over the years, Target rose to become the second largest discount retail company in the U.S. and is even ranked 36th on the 2013 Fortune 500. 4. Macy’s – caters to mid-range to upscale retail customers. The store is owned by Macy’s Inc. and operates in 793 locations around the U.S., with the Herald Square branch as a flagship location in New York City. 5. Bloomingdale’s – is also owned by Macy’s Inc. The store is the upscale retailer division of Macy’s Inc. 6. Kohl’s – is classified as the largest department store chain (in terms of retail sales) in the U.S. in 2013 with 1,158 stores spanning 49 states. Its biggest known competitor is

Show More
Related

Comparison Of Nordstrom Vs Nordstroms

1345 Words | 6 Pages

This industry is very competitive with as many as thirty-seven firms and total estimated annual revenues of $125,904,840,000 (http://bi.galegroup.com/essentials/industry/448140?u=bentley_main). Retail giants like TJX, H&M and Gap are the top players of this industry with Nordstrom vying for the fourth largest market share and Dillard’s further down on the list. The success of Nordstrom Inc with respect to

Read More

Target Corporation Executive Summary

227 Words | 1 Pages

Target Corporation (TGT) is an international general merchandise and grocery retailer founded in Minneapolis, Minnesota that works to ensure that the customer is provided with the opportunity to purchase a wide variety of goods such as household products, electronics, pharmacy, personal care products, grocery goods, clothing apparel, and sporting goods in order to achieve customer satisfaction at a discounted price in order to remain competitive within the industry. The primary goal for Target is to overcome their various competitors within the industry in order to generate profit through continuous innovation and delivering outstanding value at each Target location in order to be the preferred shopping destination amongst the customer. In

Read More

Kohl's Financial Analysis Paper

427 Words | 2 Pages

The focus of this paper is to profile an authentic assessment on Kohl’s Corp. Kohl’s was organized in 1988 and the state of incorporation is Wisconsin. The nature of Kohl’s operation is a family-based, value-angled department store that focuses on selling modestly priced selected national brand apparel, including but not limited to footwear, various accessories, beauty and select home products. Their stores usually carry a steady merchandise assortment based regional preferences and demographics. Kohl’s has a website for shopping in store, as well as items only available for only on-line purchases. Kohl’s focus is to cater to in-store accessibility including locations close to home, nearby parking, trouble-free accessible entry, well informed

Read More

Inventors During 1865-1900

428 Words | 2 Pages

The intellectual elements during 1865-1900 mainly involved inventors. Many inventors, about 20,000 per year, in the 1890s “flooded the U.S. Patent Office” with their applications, which was staggering compared to the 1,000 per year in the 1850s (Keene, 475). Some of the more recognizable inventors include Alexander Graham Bell, who invented the telephone, and Thomas Edison, who is known for many inventions, including the incandescent light bulb. Also, George Eastman and Isaac Singer were notable inventors. The former created the Kodak camera, while the latter invented the sewing machine.

Read More

Target Financial Summary

866 Words | 4 Pages

Target Corporation is the second largest discount store retailer in the United States following Walmart. Target provides high-quality, trendy merchandise at logical prices. As of today, Target has more than 1800 retail stores and 38 distribution centers in the United States. The first official store was opened in 1962 in Roseville Minnesota and have thrived every since. I will be analyzing Target’s financial statements and communicating the results to our decision makers (Target 2017).

Read More

Target Corporation Organizational Changes

1175 Words | 5 Pages

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.

Read More

Target History Paper

141 Words | 1 Pages

“Target was founded by George Draper Dayton, which was originally called the Dayton Department Store”(Target History, 2015). “In 1954, Dayton Department Store launched their first store in downtown Minneapolis (Targets History, 2015) and in 1958, Dayton Department store expanded into the suburbs of Minneapolis, creating the Southdale Mall” (Target History, 2015). Furthermore, “Daylen Department Store wanted to move towards a mass-marketing in retail stores called Target” (Target History, 2015). In 1964, the first Target opened in Roseville Minneapolis giving individuals the opportunity to experience Targets expansion and innovation (Target History, 2015).

Read More

Target Swot Analysis Paper

292 Words | 2 Pages

A large portion of the assets on the balance sheet comes from the fact that Target owns a large majority of their stores and distribution centers. Out of 1,792 stores, Target owns 1,537 of the locations across the U.S. Their largest footprint can be felt in California (272 stores) and Texas (148 stores). In March 2013, Target opened its first store in Canada and was operating 133 Canadian stores by 2015. Target Canada is now recognized as being notoriously unsuccessful due to an aggressive expansion program that included higher priced items and less selection compared to Target in the United States. As of January 15, 2015, Target Canada Co. and certain other wholly owned subsidiaries of Target, filed for protection under the CCAA with the

Read More

Swot Analysis Of Target Corporation

956 Words | 4 Pages

I. Strengths of TARGET Corporation Target Corporation is one of the largest and oldest public discount retailing company operate in the United States. The company founded in 1902’s by George Dayton (as also known as Dayton Dry Goods in 1962’s). Target store has a huge store footprint and enjoys considerable brand recognition. Target’s portfolio of owned and exclusive brands is also its strength, which allow retailer to a valuable differentiating lover in high competitive retail environment.

Read More

Dillard's Inc. Case Study

662 Words | 3 Pages

Dillards Inc. Dillard's Inc. is a mid level department store chain in the United States, which has 330 stores in 28 states. It has got its headquarter in Little Rock, Arkansas, Dillard's locations are mostly located in Texas and Florida; with a foremost presence in additional states includes Arizona, Colorado, Iowa, Wyoming, Missouri, Kansas, Alabama, Tennessee, Georgia, Oklahoma, Louisiana, Mississippi, Nebraska, New Mexico, Utah, Nevada, North Carolina, Idaho, Virginia, South Carolina, Indiana, Kentucky, Ohio, and Illinois. Dillard's also operates a small footprint in California and Montana. Its core rivals are JCPenney, Sears, Macy's and Bon-Ton, regional stores like Younkers, Belk and Von Maur. Facts about Dillards Inc. Dillard's is

Read More

Nordstrom Market Segmentation

551 Words | 3 Pages

After massive success from the high end luxury retail stores, the company decided to expand its business in the online and off-price categories. This multi channel strategy enables Nordstrom to utilize its inventories and fulfillment warehouses to its maximum potential. Additionally, this multichannel strategy also allows the company to have different offerings for each market segment. Nordstrom now operates their off-price and online channels as well as the full-price. Nordstrom rack is an off-price retailer owned by Nordstrom.

Read More

How Is Macy's Successful

394 Words | 2 Pages

or later known as Macy’s Inc. acquired R.H. Macy’s in 1994 then became the world’s largest premier department store company as the Federated Department Stores operated over 400 department stores and more than 157 specialty stores in 37 states. As from 1995 until 2006, Federated Department Stores have also acquired several department stores converting to the Macy’s nameplate such as A&S Department Stores, The Broadway Department Stores, I. Magnin, Jordan Marsh Department Stores of Boston, Stern’s Department Stores, Liberty House operations and finally The May Department Stores Company. Macy’s Inc. now currently have approximately 800 stores in virtually every major geographic market in the United States including their official website, the “macys.com”. Macy’s Inc. also is currently a parent company of 3 subsidiaries companies which are Macy’s, Bloomingdale’s, and Bluemercury Inc. where Bluemercury was acquired recently in March 2015 by Macy’s Inc.

Read More

Case Study Of Target's Stakeholders

1172 Words | 5 Pages

Target has over 1,700 locations as of 2016 and it has 341,000 employees. This retail company offers clothing and accessories, beauty and health products, electronic, furniture, food, gardening and pet supplies, toys, appliances, and more. TASK 1A (P1.1) Target Corporation is a public company. This type of organization means that Target has the permission to sell its registered securities

Read More

Nordstrom's Competitive Advantage

615 Words | 3 Pages

Nordstrom is usually located in shopping centers, specialty centers, and central business districts. Nordstrom also has stores in both location choices to further availability to increase its target market, who prefer shopping in these two retail locations. Nordstrom allows customers to search through multiple level stores to find exactly what they want. Nordstrom also has helpful sales floor associates to guide customers to the products they want. .

Read More

What Are The Advantages And Disadvantages Of Target Company

843 Words | 4 Pages

Target Corporation is one of the famous retail stores in the United States which is founded by George Dayton in 1902. Walmart is the main competitor to Target because these companies have similarities such as goods, services, business form, and customers. To compare Target to Walmart is logical because people can determine and analyze advantages and disadvantages in annual financial statement between Target and Walmart. Target and Walmart have different data on investment activities which are important to their companies. Investment activities are, uses necessary resources for operating of their companies which include computers, delivery trucks, furniture, buildings.

Read More

More about Nordstrom Executive Summary

Related Topics

Open Document