Why has Loblaw’s strategy been successful? Loblaw success can be attributed to its efficient operations, its customer loyalty programs, the popularity of its private label brands, and large-scale purchasing efficiencies. Loblaw has showed a good understanding of the Canadian grocery market due to its time-tested strategy. The company has presence in virtually all Canadian provinces with a tailored value chain that helps them achieve high revenue and standards. Additionally Loblaw offers competitive wages and benefits.
The company aims to have 2,000 stores by the end of next year. Until now, they have around 1,700 stores opened in 2014. They use a rapid store expansion to increase their sales and market share. The company has a good average same-store growth of 9.2% from 2010-2012 so they have high opportunity to be successful on this strategy because new store opening is a key driver for their growth plan as well.
For the Home Depot organizations, they have managed to stay in line with their competition and align their strategies to fit the market. Some things that Home Depot’s management can do at the functional level to distinguish them from organizations like Lowe’s is continue to analyze the market and it’s changing trends. This will allow them to understand consumer buying habits and react to any changes. They need to continue with changes to its brand image in order to attract a broader customer base.
The quality is being maintained, and new features and services are continually being added in order to further expand their brand and company. They promote to a wide audience, and gain community and corporate support which allows them to continue to grow and expand (QuickMBA,
If they invest in catching up and making their products available online in more places it might boost their
The company has been operating fine for years and total dollar sales have been increasing each year. If the company sticks to the status quo, they will continue to stay profitable. 2. Increase brand awareness
They get their foot in the door and then scale when success is proven. They are not positioning themselves for retrenchment by growing too fast (Parnell, 2014). With the same
Stop and Shop supermarket company is one of the largest supermarket chains that operates in more than four hundred and twenty stores throughout New York, New Jersey, and New England and has around eighty-two thousand employees. This Company started 1914, as a small grocery store in Somerville MA, and has growth to a be multi-billion-dollar supermarket chain. Stop and Shop has been around over hundred years becoming a leader in the retail grocery industry. They are the pioneering of modern self-serving supermarket and the super store concept. They are also the pioneering of the SCAN IT!
The company has also gained a strong brand image, because of its uniqueness as a
They have achieved this by having extensive advertising campaigns, commercials, endorsements, and good planning for
The management at Zappos attracts customers through exceptional service that has created a “WOW” philosophy and embedded it within the fabric and culture of the company. Zappos has several competitive dimensions in which they compete with other online retailers in the market. The company has always maintained its sales growth rate on the long-term basis at a certain output level. Therefore, the competitive advantages of Zappos have always been sustainable. The corporate culture of the company is nurtured and developed by its management team.
Even though the popular opinion might be that continuous improvement might not be successful I think it accomplishes what it was meant to do and, therefore, is
They’ve also refined the goal to reflect their commitment as to make the life of the customers easier by offering great quality and by serving at fair prices to meet the needs
They are now focusing on their expansion United States of America. They plan on expanding to other parts of the world as well. Their business strategy so far has been very clear. Some of the points below highlight their business strategy: • Developing products of exceptional quality: -They have modified their business model in such a way that they take care of the entire business process, right from the planning and research till the final sales. This enables them to produce goods of exceptional quality thus enduring consumer satisfaction.
Today, the company has hundreds of employees in scores of branches in Pakistan as well as abroad. Sheer hard work, dedication