Case one Macy’s Department Store Repositioning Jingjing Li BUS 2275 Business Strategy and Simulation–Section 050 Instructor: Anish Bania Due Date: Jan 16, 2013 Table of Contents Executive Summary 2 Statement of the problem/opportunity/and objectives 2 Analysis of the situation 2 External and internal 2 Porter’s five –forces model 3 1. The threat of new entrants. 3 2. The bargaining power of buyers. 3 3. The bargaining power of suppliers. 4 4. The threat of substitute
that rolled out nationwide at Macy’s stores in 2014. The group suggests that Macy’s Inc. should minimize the time for order processing to allow customers place orders online using computer or Macy’s online application to allow same-day pickup in store, with minimal wait time between placing orders and receiving the orders in stores. Enhanced shopping applications for mobile devices continue to constitute a large focus of Macy’s organizational strategy. According to Business Wire (2014), enhanced navigation
projection for FY2012. Historical Analysis As one of the major retailers in the United States, JCPenney has 1,104 department stores in 49 states and Puerto Rico as of February 2, 2013. The key success of its business is tremendously depending on the sales performance. However, the retail business is highly competitive, with low barriers to entry and low profit margin. Due to large sales plunge in 2012, the company is in financial trouble. The thorough analysis of JCPenney’s financial statements
Macy’s IS Strategic Planning Brief History Macy’s was founded by Rowland Hussey Macy in 1858 in New York City. Macy's stores target the middle-to-higher-priced market, offering women's, men's, and children's clothing and accessories, housewares, home furnishings, and furniture. After its merger with Federated Department Stores, the company became the largest department store company, operating more than 850 department stores across the US. The company primarily operates in the US. Macy's is headquartered
they must be prepared to treat their customers differently. Different customers have different values. Companies with large numbers of customers whose transactions are electronically tracked in a detailed way maybe able to utilize the statistical model to make accurate forecasts. Companies that rank their customers by value do so by using a mix of judgment and proxy variables. Companies can devote a greater portion of its internal resources to serving its most valuable customers, and set rational
| Macy’s Inc. Valuation Report | | Table of Contents Objective 2 External Sources of Information 2 Company Identification 2 History 3 Executive Management 3 Financial Overview 4 Stock Classes and Ownership 5 Market Data and Analysis 5 Overview of Valuation Approach and Method 7 Valuation Results 9 Appendix A 10 Appendix B 11 Macy’s Valuation Report Objective Our objective is to estimate the Free Cash Flow (FCF) value of Macy’s Inc. as of July 24, 2011 (date of
regional stores and take over competing retailers. On December 19, 1994 Federated Department Stores, Inc, which is now known as Macy’s Inc. acquired R.H. Macy & Co. Shortly after in 2000 Macy’s opened its first store outside of the continental United States in Puerto Rico. In June 2001, Federated purchased the Liberty House operations in Hawaii and Guam, bringing the proud Macy’s tradition and heritage to the Pacific. On February 28, 2005, Federated agreed to terms of a deal to acquire The May Department
rising consumerism, buying and selling of goods have been the focal point of many business organizations. Gradually the technological advancements and consumer driven markets, lead to the development of e-business. To satisfying the exponentially growing tech savvy consumers e-business is an excellent strategy as it provides convenience, flexibility, and variety. One of the key ingredients needed for online business is trust. Therefore, in such a scenario website design, interface, and ratings are
market in the traditional departmental store business. External analysis of Macy’s departmental store The political environment was favorable for the operations of the company and that was the reason as to why the company expanded to offer more services in many other states in the US. The economic environment affected the operations of the company. The 2008-2009 recessions affected the sales of the company as well as profit and that made
The New Frontier: Data Analytics Reading the mind of the consumer and giving them the things they want and need most are all at the helm of driving a company’s business model for maintaining a competitive edge needed for success and economic growth. As businesses strive for survival with other related retail and consumer goods industries in today’s global marketplace, the need for data analytics has taken center stage as being necessary for staying productive and competitive. Data analytics is