Introduction The company selected for this research is McDonald’s Australia Holdings, a patented public company in Australia. The company specializes in food and beverage products such as burgers, coffee, sandwiches, McCafe beverages, and soft drinks, among others. The primary activity of the company, which generates most of its revenues from food and beverage services, entails establishing and operating a chain of family restaurants that offer quick services throughout Australia. While the company
The Return on Equity (ROE) for Wesfarmers Limited decreased in 2016 by almost 8% compared to 2015 and it may have decreased for these reasons: Firstly, as seen above in Table V, the DuPont Analysis for Wesfarmers for the year 2016, the profit margin has decreased to almost 8%. Profit Margins measures how much out of every dollar of sales a company actually keeps in earnings (Investopedia, 2017). Therefore Wesfarmers 3.9% profit margin for the year 2015, means that the company had a net income of
By 2006, Wesfarmers ranked among the 20 largest companies headquartered in Australia based on the market value of its stock. Wesfarmers became a five-division corporation with a wide spectrum of enterprises, from supermarkets to coal mining to the sale of chemicals, fertilizers, insurance and industrial safety products. 2
calculations for Wesfarmers. Current Ratio Formula - Current Ratio = Current assets___ Current Liabilities Table I Wesfarmers 2015 2016 9,093,000 = 0.9 times 9,726,000 9,684,000 = 0.9 times 10,424,000 A ratio in excess of one (1) should be expected but should not go below zero (0). Explain why For the year ended 30 June 2015 and 2016, Wesfarmers’ current assets were consistently at 0.9 times larger than it current liabilities, this is 1.125 times higher than the industry average
Kmart Australia is a leading national retailer of low cost merchandise owned by Perth based conglomerate Wesfarmers Limited, who acquired Coles Group Limited in 2007 in addition to their subsidiary businesses Coles, Officeworks, and Target (Wesfarmers, 2016a). Chief Executive Officer, Guy Russo was appointed in 2008 at a time when Kmart was an underperforming enterprise on the verge of bankruptcy that had failed to record a profit in the decade prior (Waters, 2015; Ferret, 2013). During the mid-2000’s
the 70s, 80s and 90s Bunnings began to expand into other states and in 1994 it opened its first warehouse-style store in Melbourne. In that same year it was bought by Wesfamers and subsequently opened several more warehouse style stores. In 2001, Wesfarmers bought the Howard Smith Group, allowing Bunnings to take over the BBC Hardware network stores in Australia and New Zealand allowing Bunnings to expand into the New Zealand market, marking their first international expansion. In the next few years
This article discussed about Coles give up the short-term profit for long-term growth, by this plan,the interest and tax raised a lot.In different months the interests are different,therefore,in Christmas the profit went up continue through January and February across the retail businesses.It's far betterto grow volumes and build relationships with customers for the long term than it is for us to grow margins. 1.The first concept about this article is long run. Long run means that a firm wants
supermarket industry. The company have to bring innovative strategies to compete in this market conditions to maintain their customer base while increasing profits at the same time. Regarding the problem of slow growth rate faced by Coles supermarket (Wesfarmers, 2016), Product Line Selection (PLD) is one of the most important strategic decisions for concerns to overcome rivals and determines market success. The previous report addressed a variety of complicated mathematics methods and algorithms extracted
discussed here. Even though we discuss Coles in a global environment, when it operates within its Australian context its primary competitor is Woolworths. The principal competitors within this industry (by market share) are Woolworths Ltd (40.4%), Wesfarmers Limited representing Coles Supermarkets (30.3%), Metcash Limited representing IGA Supermarkets (8.6%) and ALDI Stores Supermarkets (7.4%); other stores contribute 13.3% [8].
Threat of new entrants: The presence of new businesses in the same field as MYER shows very clearly MYER is a very large store chain with a very wide choice of products, this makes difficult for new entrants, although able to compete on the same platform (online), to keep up. Most new entrants will not offer the choices and options (in terms of added services like delivery, packaging, promotions) that are available through MYER stores. The MYER website is also very well designed and easy to access;
operate within the firm’s market segment. As such, major competitors of Lowes include Home depot which is the biggest retail store in the United States with stores in all the fifty states, Menards with over three hundred outlets in fourteen states, Wesfarmers that dominates Australian hardware and home improvement industry, and Woolworth firm (Dart, 2017). Besides, traditional hardware, plumbing,
Consumer Research, 11(3), 822-829. Coles group SWOT Analysis/USP & Competitors/Brandname Retrieved 16 April 2017 from http://www.mbaskool.com/brandguide/lifestyle-and-retail/9926-coles-group.html Gargano, S. (2016, June). IBISWorld Company Report. Wesfarmers Limited. Retrieved from
Personal Presentation and Style In our meeting, Mr Black impressed as a traditional industrial products representative; he was down to earth, slightly “blokey”, commercially-experienced; he understands both selling direct to customers as well as through distribution. He has sales team leadership experience. He is probably at his level maximum level in a small team management role. Career Overview After completing his secondary education in Geelong, Mr Black states that he completed a Boilermaker
Coles Supermarket Australia Pty Ltd is an Australian supermarket, owned by Wesfarmers. It is commonly known as Coles and was founded on 9th April 1914 in Smith St, Collingwood, Victoria. Till now, Coles has operated over 700 stores throughout Australia and employs over 100,000 employees. It controls 35% of Australian supermarket industry. Coles was founded when George James Coles opened the Coles Variety Store on the street in Melbourne. Further expansion and Coles’ interest in food retailing
This paper presents an overview of Kmart retail supply chain in New Zealand. Various IT systems and software used by Kmart are presented in this paper. The new IT systems and business applications are also proposed. In retail sector, IT is involved at every point right from supply chain management to POS terminals for transaction processing. Efficient use of technology and IT systems can bring innovation. The paper highlights an SLA and business case for a new business application proposed for Kmart
Foreword In December, 2001, Harvard Business Review devoted a special issue to the challenge of Breakthrough Leadership. It was this issue that inspired me to seek to better integrate my experience in psychology with my practice in Leadership Development. For me the challenge was to understand how leaders unlock the potential of the people that they lead by removing the barriers to their development. Breakthrough leadership was described as “breaking through old habits of thinking to uncover fresh