Case Study: Rei's Business Decision

CREA/Legacy Redmon Triangle LLC, Redmond WA and Madison Centre LLC, Seattle WA (“Taxpayers”) are registered with the WA SOS as a foreign LLC; they have not registered with the WA DOR. There is residential development project (expected completion 2018) with ground floor retail space and 2 story subterranean parking garage (for tenants and 15 retail spaces). At this time, they are not aware of how the parking revenue, if any, will work (separate charge or include in lease or free open space). They have following questions:

REI faces competition from numerous retailers who compete for customer dollars within the same market sector, with a similar range of products for sale. The list of REI’s competitors are extensive and includes major companies, like L.L.Bean, Cabela’s, The North Face, Bass Pro Shops, and Academy Sports + Outdoors, to name a few. Given the level of competition, what differentiates REI from its rivals and why is REI successful in a business sector that has seen numerous others failed? The answer is simply. Although numerous factors contribute to the success of a retailer, one element rises above all, namely the customer. A successful retailer needs to attract and retain customers and the optimal way to draw in and capture customers is through

In recent years, fewer people have been shopping outside (about 74 million in 2015 compared to 85 million in 2011), but the number is still large enough to pose a threat to the environment and retail worker happiness (TheBalance). Since there are people who will shop on Black Friday regardless, Buy Nothing Day may not be a permanent solution to overconsumption, but it could be the first step. The Mall of America, one of the largest shopping malls in the country, closed its doors on Thanksgiving to allow time for employees to spend time with their families (CNBC). If other retail leaders follow this example, Buy Nothing Day can become a reality. The more people that participate in raising awareness, the more others will realize that an obsession with consumerism is not beneficial for the

In addition, within the stores there are so many areas sections off with lines for their own for specific items such as laptops, Ipads, and other expensive items that are very limited in the quantity a store even receives. The insanity of the consumers showing up hours before the store even opens or sales even began made me step back and wonder if it is really worth the few bucks of savings. I have seen consumers rushing to be the first in line and closest to the pallets and racks of the items still covered up. It is crazy people actually start taking the boxes apart to look what inside while waiting for the sale time to start. I do not recommend bringing your kids to shop, because consumers can be rude and very pushy. Also, some stores even announce specials that are only advertised in the store during the Black Friday sale times. All these things seem to just send consumers into and even bigger frenzy.

The technology changes affecting REI are not unique to the company. Nationwide, consumers are ‘wisening up’ to new technologies and they are increasingly demanding expanded services from the companies they do business with. While the dot com revolution of the early 2000’s projected the death of traditional brick-and-mortar stores, the reality today is that customers are demanding comprehensive shopping experiences, experiences that seamlessly integrate online shopping with visits to traditional stores. For example, an REI customer might choose to purchase a pair of La Sportiva Rock Shoes in-store, order them online and pick them up from a store, or purchase online and have the shoes shipped directly to their home. Technology is not just

The marketing environment for REI is immensely complicated. While some aspects of marketing, including price, promotion, product and place is within the company’s controls, other external factors are not. Factors external to REI’s control include local and global economic factors, legal and regulatory forces, socio-cultural trends, and technology.

The Virginia Company was founded with a purpose to establish a colony for the English in hopes of achieving wealth, discovering a passage for trade, and preventing the spread of Spanish colonies. They also wanted to stop Spanish Catholicism and spread the Christian religion to the natives. The Virginia Company promised the Englishmen land and rights to gain investors, and soon over 1000 investors bought shares in the company. The instructions were a survival guide, telling the colonist how to avoid attacks based off of what happened to the French and Spanish. The instructions gave the colonist a strategy to follow, each having importance. However, if one goal was to obtain mineral wealth, then splitting the men up and having 40 of them

The business world is a tough and expensive venture. Restaurateurs, Commercial Investors, and Chain Organizations loose money every minute that they have to wait for the completion of their commercial construction. To get the most out of your investment, rely on a qualified team of professionals to deliver you the best turnkey construction available. When fast reliable construction work is your desire, call upon Rockby, Inc. to service all of your construction needs.

Every year the retail stores open up early on Friday after Thanksgiving for amazing Christmas shopping deals. A lot of the merchandise in the participating stores becomes 30%, 40%, or even 50+% discounted. For the consumers that prefer to save money have no problem in participating in what is called “Black Friday.” Last year instead of the sells starting on Friday the participating stores started their sells on Thanksgiving around 6pm. This year the retail stores have decided to start their sells even earlier, as early as 6am on Thanksgiving sale.

Established in 1949 and headquartered in Richmond, Virginia, Circuit City operates as a specialty retailer of entertainment software, home office products, consumer electronics, and related services (“Company Overview of Circuit City Stores Inc.,” 2014). Aside from its superstores in the United States, Circuit City also offers brand-name and private-label electronic products in Canada. The company has retail stores, dealer outlets, and also operates a website. Business ProblemThe main problem that Circuit City experienced was the lack of IT capabilities in their operations, which prevented the company, particularly its salespeople, from efficiently and effectively addressing the needs of the customers, leading to customer dissatisfaction.

Brewer and Associates, LLC is a full-service certified roofing and building contractor that is located in Oklahoma City, Oklahoma. Brewer and Associates, LLC possesses more than ten years of experience in all aspects of the roofing trade. This roofing and building contractor specializes in roofing, construction, renovation, and restoration. Brewer and Associates, LLC is an expert in residential services as well as commercial services. Their residential specialties include construction, guttering, insulation, residential roofing, remodeling, and siding. Their commercial expertise includes commercial roofing and commercial windows and doors. Brewer and Associates, LLC furnishes emergency services. The residential roofing services they render

A retailer needs to its specific location where it fits economically and socially. They need that niche market that will stay loyal to them. So if a retailer starts out with cheaper prices to drag in customers then slowly decrease the sales, those who are loyal to the store will stay. Discounts don’t just bring customers in. Stated in the article, Walmart decided to bring in bulls and bull riders. If I were to see this advertised, I would definitely go to Walmart, whether there are discounts or not. By having non-retail related activities at stores, like what Walmart did, this brings in very interested customers who will then check the store out. Doing odd/fun things might bring in more customers than having discounted merchandise might. Discounting as I learned after reading the article is not the only thing that brings customers in, retailers just need to figure out what the public wants in order to find more

Stateline Electrical, Inc. is an electrical contracting company that is located in Methuen, Massachusetts. Stateline Electrical, Inc. was founded in the year 1986. Stateline Electrical, Inc. is catering both the residential and commercial communities alike. Their services include electrical design / build fast track office, hospitals and medical offices, educational institutions, car rental agencies, electric vehicle charging stations, and large / high end residential projects. Stateline Electrical, Inc. performs electrical construction, service maintenance, building automation, CATV wiring, tel/data wiring, and more. Stateline Electrical, Inc. also works on remodeling and renovation, backup generator installs, fire / security systems, HVAC

It was the morning after Anna’s first Thanksgiving in the United States. The night before, she had a huge dinner with her friend Emma’s family. Before eating roast turkey, sweet potatoes, and cranberry sauce, each person at the table had to say something they were grateful for. Anna appreciated that she was able to participate in this holiday that recalls the Pilgrims’ first harvest after arriving from England a long time ago. Anna’s phone rang at 4’O clock in the morning. It was Emma. Emma invited Julia to go shopping with her.

The title of this article is: “Rising Wages, Tighter Inventory Spark Retail Holiday Optimism.” This article, written by Wall Street Journal reporter Suzanne Kapner, focuses on wages, supply and price. As the election season turns into the holiday season, department stores are experiencing improving sales trends. This is good news for companies such as Saks Fifth Avenue, Macy’s Inc. and Kohl’s Corp., which have experienced recent quarters of declining sales due to changes in shopping habits and competition from discounters.