A current interview with local Senior Manager at RadioShack backs the company’s reinvigorated

Every year the company attends a trade show in High Point, North Carolina. Hundreds of companies in the industry attend, and Bob’s Discount Furniture uses this showing to view new products, spot trends in the industry, and build relationships. In the interview, Ron Bomberger, VP of store operations, claimed that BDF is “somewhat of a follower in the design standpoint” by spotting styles that will work with their customer base in order to make furniture fun. BDF follows a “Jack Wells method” where the bottoms 30% of goods are dropped each year because they are not only taking up space on the floor, but they are also reducing their total revenue each year. They keep track of how many of each item is sold and use the

The industry we have chosen is the department store-retail industry. Within this industry, we have chosen the department stores of JCPenney and Macy’s. We find this industry, as well as these two companies, interesting from a strategic perspective. JCPenney has recently undergone a massive strategic restructuring in regards to its pricing, brand offerings, and store layout, pushing it away from the typical department store strategy of discounts and coupons. Its new strategy has become much closer to Wal-Mart’s strategy of every day low prices. Macy’s, on the other hand, has restructured with a push from the economic

One of the most important influences in organization management is an organizations’ knowledge. Target’s knowledge within the retail industry is what makes helps this company so successful. Knowledge is vital in any organizations as with a constant need for newer technologies and other aspects are important to an organization’s success. Knowledge within Target’s organization is vital as well in order to keep up with a constant change in fashion to include clothing, home and other products and services such as their photography studios. Knowledge is important to Target, as well as other businesses, as it keeps their customers

The wireless industry is extremely competitive and customers are looking to make the best bang for their buck. This is why Cricket Wireless also has an adaptive culture. “Leaders and followers in adaptive cultures care about customers and the internal alignment of people with processes to meet external demands. They value quick and decisive responses, risk taking, creativity, and innovation, while keeping the best interests and integrity of the organization in mind” (Weiss, 2015). My company has proven to take risks and at times, we drop the prices of phones to meet customer demands before the competition does. Wireless carriers lose out on money with new customers, which is the risk they take by lowering the price of handsets. If new customers receive great service and they enjoy their experience, then they are more likely to continue service with our organization. The company will then make a profit off of

Best Buy Co., Inc. is currently the world’s largest retailer for consumer electronics. The company has 1,400 brick and mortar stores and is a popular online retailer as well. The stores serve as display room for various online retailers. Best Buy consumers can purchase electronic products such as mobile, corded and cordless phones, televisions, cameras, personal computers, laptops, appliances and more (David & F.R., 2015). Today’s society relies on convenience and technology, forcing companies to implement new ideas and projects in an effort to maintain their ability to compete with other companies. For continued success the company must look at the internal and external issues the company may face as well as their competitors and their best practices that are contributing to their success.

Radio Shack has been thinking of changing branding strategies, and also have new marketing slogans. If they want to stay in business they should consider lowering prices and raising the quality of their products. Last year in 2015, Radio Shack had another bankruptcy, which forced them to make the decision of joining to Sprint. Radio Shack made a good decision by joining to Sprint that way they can receive different strategies to enhance their company and to better themselves. By making alliance with Sprint, Radio Shack hopes to increase their sales and improve their management approach. In my opinion, Radio Shack should have comparable prices to their competitors and should also improve management skills. They can also train their staff to be more friendly and helpful than the other

THE ORGANIZATIONAL BEHAVIOR OF FOOD RETAILER TRADER JOE’S IS UNIQUE IN MANY WAYS. FROM OWNER, JOE COULOMBE, TO A STORE CLERK, THEY ALL HAVE THE SAME VISION IN MIND- TO SET THEMSELVES APART FROM THE REST. NOT FALLING INTO STEREOTYPICAL FOOD CHAINS, TRADER JOE’S DOES BUSINESS THEIR WAY. THIS MAKES THEM PERFECT AT BEING THEM. FROM INTERVIEW QUESTIONS TO JOB DESIGN, THEY ARE NOT YOUR STANDARD FOOD MARKET. THE SOCIAL CAPITAL IN WHICH MANAGEMENT IS CHOSEN, TO THE STORE’S ATMOSPHERE AND POSITIVE REINFORCEMENT FOR ALL EMPLOYEES ARE HAVE A PROVEN TRACK RECORD OF SUCCESS. ADDED WITH IMPECCABLE CUSTOMER SERVICE, THE ORGANIZATIONAL BEHAVIOR OF

The following pages focus on providing a strategic analysis of Sears Holding Corporation. The introduction reveals the issues that the paper addresses. The Company Presentation section reveals important facts in Sears' evolution. The Strategy Debates Section discusses theoretical issues applied to the situation of Sears. This is followed by the Strategic Decisions section that provides a series of recommendations that can help Sears improve its situation. The Implementation Challenges section provides important issues that can be considered challenges of strategic implementation.

Tommy Jones begged, pleaded, and hoped beyond hope for that new touch screen phone that would immediately move him up the social ranks at his school. His wish was granted on Christmas morning. He was rewarded with that sleek, black phone with 4G capabilities. Two months later the next phone in that series is out; it is almost an exact clone of the first model with the most moderate changes, and suddenly Tommy’s phone is obsolete. There was no great improvement when compared to the old model, no; the corporation knows that it will sell, no matter how small the improvement. This model of constant obsolescence has become the norm in the economy today; companies reap profits with mediocre products, completely uncaring of the consumers. To put

Macy's Inc. is one of the nation's largest and well known department store chains. Started over 150 years ago, Macy's has continually generated excellent returns for its shareholders and employees. Currently, in the midst of a global recession, Macy's has generated huge profits with same store sales increasing 5.3% year to date. In 2012 same store sales increased 4.6% in the month of February alone (Macy's Inc., 2012). In fact, throughout the duration of 2012, Macy's is projecting even larger profits for its underlying business operations. Even though Macy's has experienced success with both its assortments and brand, its competitors haven't faired so well. Sears, due in part to part to a lackluster holiday season, has been forced to close nearly 120 locations to generate excess liquidity in an effort to shore up its balance sheet (Isidore, 2011).Other competitors who cater specifically to the middle class consumer have also lost significant amounts of market share as consumers trade down due to the economy. This performance is primarily due to the core functions and operations of the business. Planning, organizing, leading, and controlling. Macy's excels at these forms of management, which has allowed the company to perform at a higher level relative to its peers in the industry.

If the centricity concept is being blamed for not meeting earnings and the decline in Best Buy’s stock price and market capitalization, the question becomes was there a need for this change to the company’s strategy, was the strategy poorly implemented, was there a delayed market response to the change, or was the launch an overly aggressive action of a newly appointed CEO? The Best Buy leadership team first needed to evaluate whether there truly was a need for a (drastic) change and if so, was centricity the appropriate response to the market.

As a product GoTenna meets the demands of the consumer, ensuring reliable cell service in the case of an emergency. In regards to GoTenna, specifically GoTenna Mesh, the price ranges around the same as the popular gadget “Fit Bit”, which is approximately $150-$250 per device (GoTenna, 2017). The price is set depending on the overall costs of production, segment targeted, ability of the market to pay, supply, demand, as well as a variety of other direct and indirect factors (Bennett, Coleman & Co., 2017). The promotion of GoTenna Mesh was slow yet effective as demand is still on the rise. Promotion indicates the different activities undertaken to ensure that the product is known to the user and trade. Firms including Andreessen Horowitz and Bloomberg Beta helped fund the product while specialty stores and large gross retailers such as Amazon promote GoTenna (GoTenna, 2017). This applies to the placing aspect of GoTenna as the point of sale includes GoTenna’s official cite as well as common outdoor outlets such as REI (GoTenna, 2017). In order for retailers to ensure the right location and eye-catching effect they pay a premium. Place plays an important part in the mantra of a successful retail business. Each element of the marketing mix has some sort of impact on the fundamentals as a whole. When handled correctly the marketing mix can bring success but when handled wrong the result is a decline that may take some business’ years to recover from (Bennett,

The recognized giants in today’s discount retail market are Wal-Mart, Sears, Roebuck and Company, and Target, and this paper compares Wal-Mart and Target. As the competition stiffens to capture market niches, these two organizations are heading for a showdown. This work demonstrates distinctive differences in company culture, promotion within the organization, lofty goal setting, and leadership styles between these two organizations. Although this paper shows a definite competitive advantage for the Wal-Mart organization, it will also demonstrate that Target

According to the article published by Booz & Company, Walgreen, an American Pharmacy store chain implemented a huge structural and design change in order to sustain in the modern business environment. Observing competitive landscape change with new rivals and online players like Amazon and significant changes in healthcare sector, Walgreen decided to change its old expansion policy “Seven by 10 plan” (i.e. 7000 stores by 2010) to ‘improving the customer experience’ policy. In order to implement new strategy they had to move from centralization to decentralization, from tall structure to flatter structure, from authoritative leadership to engaged leadership (Orvis, M.2017).

Technology provides many benefits to the retail industry and its managers; it also has drawbacks. Implementing new technologies presents learning curves for managers, staff, and team members and introduces new areas of risk (Davis, 2007). Some team members can be resistant to changes causing retailers to lose time