Carrefour Is A French Based Retail Store Essay

Nordstrom (NYSE: JWN) was founded in 1901 by John W. Nordstrom and Carl F. Wallin in Seattle, Washington[1]. Over the next two decades, Wallin & Nordstrom grew and they opened a second location in Seattles University District[1]. As the company expanded into the largest independent shoe chain in the United States, Nordstrom began to explore additional product lines by expanding into clothing[1]. Today, Nordstrom has annual revenues exceeding 14 billion dollars per year and operates three hundred and fifty seven stores in forty states. Although Nordstrom has experienced incredible success since their inception, the organization has realized declining sales in their retail stores. In order to combat a change in

The first Loblaw grocery store opened in 1919 in Toronto and then chain expands to more than 70 stores in Ontario and to New York the new self-serve, cash and carry concept of grocery retailing is a big hit with customers and new Loblaw’s is a supermarket chain with over 2000 stores in Canada, headquartered in Brampton, with stores in British Columbia, Alberta, Ontario and Quebec. Loblaw’s is a division of Loblaw Companies Limited, Canada's largest food distributor. long-term growth. Loblaw is grocery store of the future needs to offer a better life, not just better food. So Loblaw has managed to be consistent in its mission and agile in its methods at the same time.

Kohl’s is an American department store, founded by Maxwell Kohl in 1962. In 1946, Maxwell operated his first store which is known as Kohl’s Food Store. After the success of Kohl’s Food Store, he opened his first department store which is Kohl’s Department Store (present). Since that year, it has been operating in the retail industry and it offers clothing, furniture, accessories, electronics, and house ware products. During the 2000s. Kohl’s has expanded nationwide in the United States. Also, Kohl’s is the second largest retail store in the United States. In addition, the target group of Kohl’s are upper middle and upper class individuals especially families.(Gennrich, 2012)

They changed their strategy to customer service and a broader merchandise mix than the smaller local stores could match. They have continued to grow and are now the third largest retailer in Brazil.

nearly $260 billion in sales, managed over 5,000 stores in 10 countries, and employed over 1.5 million

Throughout the next 20 years, CVS began buying out and taking over other discount clothing chain stores such as Marshall’s while beginning to expand their own pharmacies in store. Then in 1990, the big turning point that pushed them in to the pharmacy industry occurred when they acquired Peoples Drug Stores, and 490-store chain that CVS immediately incorporated in to their corporation. Throughout the 1990’s, they began to sell their clothing companies and focus more on being a drug and convenience store. Today, CVS still trails Walgreens in total revenue, but it is the leading corporation in number of stores and prescriptions filled throughout the pharmaceutical industry.

In 1962, Kohl’s initially started as a supermarket in Wisconsin. In 1967, the company diversified into apparel and renamed itself Kohl’s Food and Department Stores. In 1986, the company had 40 stores, located in Indiana and Wisconsin, and chose to sell the food operations to Great Atlantic and Pacific Tea, Co. and the retail segment sold in a leveraged buyout arranged by the executive team. In 1988, Kohl’s completed an acquisition of 26 Main Street department stores for $388 million. In 1992, revenues had grown to $1 billion and the company completed an initial public offering of 9,675,000 shares at $14 per share.

When Nordstrom first started it wasn’t the big retail store that it is today in fact its name wasn’t even Nordstrom, it was Wallin & Nordstrom and it only sold shoes. The founders of Wallin & Nordstrom are John W. Nordstrom and Carl Wallin. Nordstrom didn 't really get that name until 1971. Before becoming just Nordstrom the company decided to make some changes and in 1963 Nordstrom decided to expand and include women apparel, and in 1966 they incorporated men’s and children 's wear. In 1973 Nordstrom was recognized as “the largest fashion specialty store on the west coast” this as stated by the Nordstrom website. Although the Nordstrom store beginnings were in the west coast the retail stores started to expand quickly and began to open stores in the east coast and California. As for today Nordstrom is not just a big retail store, but it is known as a great place to work by Fortune 100 best companies to work for, which has 329 stores located in 39 different states and Canada and 200 Nordstrom rack stores. Just in 2015 the company reached a record in sales making $14.1 billion. Nordstrom still has a long way to go and plans to keep expanding in Canada, but also plans to have 300 Nordstrom racks store by the year 2020.

The New York Times states, “Kohl’s Corporation is a specialty department store. As of January 31, 2015, the company operated 1,162 department stores in 49 states and e- commerce website (www. Kohl’s.com). The company sells private label, and national brand apparel, foot wear, accessories, and beauty and home products. Kohl’s Corporation is one of the largest discount department store chains in the United States. Targeting middle-income shoppers buying for their families and homes, the chain maintains low retail prices through a low cost structure, limited staffing, and progressive

After Hussey Macy had several failed retail ventures from opening many dry goods stores the final one he opened on Herald Square became the most successful raking in $11.06 on the first day, little did he know that the same store would become one of the world’s largest stores which is 9 stories high. Macy’s has since opened many more department stores around the USA, currently standing at 775 stores. By the end of the first full year sales went up to approximately $85,000. By 1918, Macy’s was generating $36 million in annual sales, currently the store is making billions in one year.

Mulberry finds that luxury flagship stores represent a strategic approach to market entry that is employed to support, enhance and develop distribution activities within a foreign market. The importance of the flagship store is to reinforce and enhance the retailer's luxury status and enhancing and maintaining relationships not only with customers but also with distribution partners and the fashion media is found to be significant.

The company began in 1971 in Seattle, Washington with one retail store and it grew to over 2,600 stores in 13 countries by the early 2000’s (Schultz, 2011). They now have operations and retails stores in more than 50 countries around the world (Harrer, 2011).

Back to the case, the coupon rate of Swiss Franc is much lower than other currencies. But it is not the standard of evaluating which currency should be borrowed. We will use forward rates computed from the parity to evaluate the borrowing cost of each currency and the currency has the lowest cost should be chosen. The basic known information is listed as following:

As of Feb 28, 2014, the company had approx. 10,000 employees & 246 retail stores in 20 countries. The company has business in the United States, Canada, Mexico, Brazil, United Kingdom, Ireland, Austria, Belgium, France, Germany, Italy, Netherlands, Spain, Sweden, Switzerland, Israel, Australia, Japan, South Korea, and China. The company also operates an e-commerce website with 12 different localized online stores across the world.

H&M became one of the biggest worldwide leading fashion retailers. Until Year 2010, H&M has around 2,000 stores in 37 markets (Data from H&M-US Website). Details of market overview of H&M can be referred to Appendix I.