Case Study: Bass Pro Shops
Bass Pro Shops is a privately held sporting goods and outdoor goods store headquartered in Springfield, Missouri. In addition to the Outdoor World store, Bass Pro Shops has over 15 large retail stores in the U.S. It also owns and operates subsidiaries such as Tracker Boats, Big Cedar Lodge, and Redhead. Bass Pro Shops is known for a large selection of hunting, fishing, and other outdoor gear.
History
Founded by John Morris in 1972, Bass Pro Shops was born out of a fishing tackle business that sold homemade bait and worms, located in the back of a Brown Derby liquor store. Bass Pro Shops mailed its first catalog in 1974. It soon became the world's largest mail order sporting goods store. In 1984,
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include R.E.I., Cabela's, Eastern Mountain Sports, Gander Mountain, L.L. Bean, Sierra Trading Post, Sport Chalet, Archery USA, Back Country Outfitters, and Sportsman's Warehouse, as well as national sporting goods retailers such as Academy Sports & Outdoors, Sports Authority, Big 5 Sporting Goods, and Dick's Sporting Goods, and a host of other local independent retailers.
Competition Strengths:
Archery USA and Back Country Outfitters sell highly specialized items that Bass Pro Shops does not.
Many people prefer the smaller stores, not wanting to deal with the vastness of Bass Pro Shops.
R.E.I. challenges Bass Pro with its in-store hands on equipment testing.
Cabela's family-owned catalog company provides direct competition to Bass Pro Shops because of the amount of their catalog sales (estimated to be about the same as Bass Pro's $1.25B).
L.L. Bean offers excellent customer service and high end goods that beat the Bass Pro Shop lines.
Problem Statement
Bass Pro Shops should slow down on expansion which is resulting
Dillard and Macy have the same kind of retail business in USA. Macy 's and Dillard 's, have staged impressive comebacks recently. Macy 's and Dillard 's are renewinh their success in retailing market. They have the same kind of promotion such as Coupons, improving social media for shopping and many kind of customer service policy for their customers. Macy 's and Dillard 's both have intensified efforts to differentiate themselves in their merchandising, Davidowitz said. Now, more than ever, it makes sense to carry exclusive and private labels, he said. Shoppers are increasingly savvy at finding the best price for merchandise by going online, but you can 't comparison shop if the product is an exclusive, he noted. Each chain is investing
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Target Corporation’s (NYSE:TGT) share price declined nearly 7.5% in the last month alone, amid the potential threat of higher taxes from Donald Trump’s new administration. Aside from higher taxes, the company looks in a very solid position to expand its profitability and dividends.
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The objective of this report was to analyze Vivint-Smart Home Solutions’ performance in terms of organisational culture, management and leadership styles and motivation and how organizations have been affected by them. In this report, we identified that Vivint has an association of Hierarchy and Market organisational culture, relationship-oriented and task-oriented leadership styles and servant leadership style. Moreover, it demonstrated that Vivint has intrinsic and extrinsic rewards. These resulted in successful and unsuccessful practices of Vivint based on the Undercover Boss TV series based on three aspects which have been mentioned above. In addition, this report critiqued the Undercover Boss method for discovering the problems within an organisation and recommended other processes for uncovering issues. The results showed that organisational culture, management and leadership styles as well as motivation played significant roles in Vivint’s performance. Recommendations have been made to improve the unsuccessful practices of Vivint such as training managers to be empathic problem solver, examining and updating the working condition regularly, bonus for employees who give feedback voluntarily on management processes and offering fund to employees who are in need of support.
DO YOU AGREE WITH MR. WILSON 'S ESTIMATE OF THE COMPANY 'S LOAN REQUIREMENTS? HOW MUCH WILL HE NEED TO FINANCE THE EXPECTED EXPANSION IN SALES TO $ 5.5 MILLION IN 2006 AND TO TAKE ALL TRADE DISCOUNTS?
Target may have a bigger selection on some products, but their store is such a big hassle. To have a well managed store you need good customer service, a good atmosphere, and low prices. That’s something Target has none of and Wal-Mart has plenty of.
Because they have faced cash shortage trouble. Their profitability has grown for 1993 ~ 1995 period, as we can see from their I/S (e.g. Sales and Net Income, etc.). However, as its business size grows, their A/R increased, which means that it is getting difficult to collect cash. On the other hand, A/P decreased for the same period, which means that the company paid cash for A/P, resulting in critical cash shortage. Furthermore, the A/P payment period is shorter than A/R collection periods, the company’s cash problem happens to be accelerated.
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Answer: In our judgement, PepsiCo did not have a moral obligation to divest itself of all its Burmese assets. The reason being:
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