Variety stores Essays

Dollar Tree Stores is a domestic retailer that sells a variety of low cost items for $1.00 and is designed to capture the business of consumers who desire instant savings. Furthermore, Dollar Tree competes in the dollar store and low-end retail markets with the national chains Big Lots and Dollar General together with regional chains such as 99 Cents Only Stores, which was purchased by Dollar Tree, Fred's and many independent dollar stores nationwide, such as Dollar General and Family Dollar. Also

attracted many new customers to its stores when consumer sentiment fell. The company’s revenue is anticipated to grow at an average annual rate of 9.5%over the five years to fiscal 2016. In fiscal 2016, IBISWorld estimates that company revenue will increase 9.3% to $20.6 billion. The company’s focus on value-conscious customers drove much of its growth over the period; as unemployment soared, consumers sought new ways to save, including shopping at dollar stores for household necessities, particularly

Tree Inc. The Dollar Tree the store that’s taking the value of a dollar to a whole new level. Dollar Tree products all of their products for a single dollar or less. The company is constantly growing and devising new ways to provide more products for only a dollar. Dollar Tree has never seen a year without profit in its existence. Dollar Tree the company that truly knows the value of a dollar. Dollar Tree begins its humble history as a Benjamin Franklin variety store that was created in Norfolk Virginia

in 1992, Dollarama is one of the largest value retail stores in Canada. Presently, they employ over 13,000 employees and have more than 1000 locations across the country. Dollarama provides its customers with a variety of consumer products, general merchandise, and seasonal items. Its Customers are able to find a consistent shopping experience with affordable products in convenient locations. The company is the market leader in dollar stores, and are constantly seeking opportunities to expand. Some

nationally the company’s strategy has been fairly straight forward. They strive to maintain a balance of products, variety, and value, through a minimal footprint. Stores are located in small towns, big cities and everywhere in between. Most often found in strip malls and surrounded by other successful complimentary businesses, they are contained within 8,000 to 10,000 square feet. Integrating

Family Dollar’s has many advantages and disadvantages with respect to competition from conventional supermarkets and box stores. One major advantages is that the Family Dollar stores are smaller in square footage than conventional supermarkets which makes them more convenient for quick purchases. Although smaller in size, the displays are laid out in a way that promotes impulse purchases. The items that are carried by Family Dollar are priced lower than conventional supermarkets which attracts price

Dollar General – Varied Variety Chain of Supermarkets in US Dollar General is amongst the largest discount retailers in the United States by number of stores. It has over 12,575 stores located in 43 states. They offer a broad selection of merchandise, including consumables, seasonal, home products and apparel. With all its hard work, it is emerging as a key force that is changing the landscape of variety retailing within the country. The headquarters of the company is at Goodlettsville, Tennessee

that dollar tree stores should not have off name products. I say this because it puts the original product in a state of bankrupt. To prove my point there is an article that says that the off name brands are the exact same thing just in a different package. “The security of buying a name brand product may cost you a little extra, but is it worth it when the generic or store brand version.” So this proves that the off name brands are copyrighting the original product. Dollar tree stores do have name brands

Cole International is a customs brokerage firm who offers brokerage services, freight forwarding and trade consulting services. It was founded in Thunder Bay, Ontario and originally named Cole McCubbin Limited. The company began its primary activity in the late 1930s with the establishment of branch offices. The Organization also engaged in the acquisition of other firms to position themselves as one of the largest private-owned customs brokerage companies in the World (www.coleintl.com, 2015).

by the continuous buyout of firms that give them a competitive advantage and investing in technology. One of the main strategies that have led to the growth of the business is that Dollar Tree has been able to acquire other stores giving it a competitive edge. Acquiring stores instead of setting up one is one of the risk-free methods of market entry. Buying an existing business is profitable as it the new firm absorbs customers from the previous company. This should allow them the company to not spend

Central American Retail Sourcing (CARS). In addition, It also has operations in Latin America through a multi-point chain called Dollar City, a value retailer that offers an assortment of general merchandise, consumable products and seasonal items in stores located in El Salvador, Guatemala, Peru, and Colombia. Dollarama

partnership with Amazon Fresh and Prime Now across all GBUs. Katie executed ‘first ever’ strategic programs on Amazon which included a One Stop Shop Health Care Landing Page, the Amazon Wellness Pilot with United Health Care, participation in FSA store and Sampling. In this role Katie collaborated across internal stakeholders, including Marketing, Customer Strategy, Supply Chain and Finance to develop eCommerce strategies and partner for growth. Katie graduated from La Salle University in 2012

the 14,000 Dollar General stores an easy stop for many, if not all, products a family needs. From the beginning, a small general store operated by Cal and J.L. Turner in Springfield, Kentucky operated focusing on friendly customer service, affordability, and hard work, aspects that are still held in great respect for the modern corporation (DG History). Today, Dollar General prides itself for “Serving others.” Additionally stating, “We build and run convenient-sized stores to deliver everyday low prices

DOLLAR STORES NEAR ME. A dollar store is simply a place where you can get almost every essential thing you may need at a flat rate of a dollar. The prices of a few of the products and items can either be higher or lower than a dollar. REASONS WHY YOU SHOULD SHOP AT A DOLLAR STORE. It is cheap: the fact that everything has a constant price is exciting. A dollar is a very fair price for essential items considering that some stores could be charging the higher for the same product that costs a dollar

Ten Tree, located in North America, manufactures and sells their products locally through the continent (Gamble et al. 2). With their unique idea, Ten Tree doesn’t have much of a problem with threat of new entrants into the same market as them, although if new clothing companies flooded the market with clothing, Ten Tree would have a problem selling their products, which would result in a decrease of revenue. Although, Ten Tree did state that it has no problem with others entering the same market

KCOM 329 PORTFOLIO N.M. MNCUBE 23902078 31 October 2014   PEST analysis of Groupon Political Tax policies Government stability Trade legislation Political alliances within the countries Economic Developed versus developing countries Recession Currency fluctuating Interest rates Level of employment Social Ageing population Differences of culture Life style Wealth distribution Customers purchasing habits Technological Dealing with smart phones or android Internet business flexibility Rate

dad checked the weather and the forecast said that the low for the day was 100°. With all the excitement we had left all of our sunscreen and water bottles at home so, before we found a place to watch the parade, we stopped at a little convenience store. Inside my dad told us all to pick out a drink and he would go buy sunscreen. My sisters, cousins, and I went over to the drink area and all picked out a soda. I picked orange soda because my cousin Emily had and she told me to get the same as her

Dollar Tree’s competitive strategy, when measured by Porter’s strategic typology, is low-cost with focus. Being a dollar store, Dollar Tree has a strategy of offering its customer low-priced merchandise and is focused on budget-conscious customers and customers with limited incomes. According to Parnell (2014), low-cost with focus firms must ensure the company controls costs in order to continue to operate while offering low prices, leaving it exposed price competition (p. 188). According to Miles’

$10 and at Dollar General, most everything was $5 or less, as we see Dollar Tree had the best pricing strategy way back at the beginning. Experts say that competition among discount stores is about to ramp up because of the acquisition and revitalization of Dollar Tree and Family Dollar now with now more than 13,000 stores in 48 states with annual sales of about $18 billion (Malcolm, 2014). It was further stated that before this merger took place Dollar General was a potential buyer of Family Dollar

cost retailer (Alava, 2016). Understanding how current economic uncertainty within the industry could impact revenues would be a concern at Dollar Tree. The most compelling aspect in real time strategic issues is the closing of Wal-Mart Express stores in small communities. The supply chain method of “tethering” used by Wal-Mart proved to be ineffective (Levine-Weinberg, 2016, para.5). The announcement of the closure of Wal-Mart has become a trending topic in the media in recent weeks. However