Executive Summary : Gordmans Stores Inc.

The company started operating Go-Jane in 2012 and believes that this expanse their new fashions online. They are trying to expand this brand through channels they already possess.

stores in the U.K., Middle East, Asia, and Australia. As of January 31, 2005, the company’s total owned and

With the planned addition of six new stores in fiscal year 2003, Magnolia Hi-Fi will operate 19 locations in Washington, Oregon and California. Future Shop, Canada’s largest, fastest-growing consumer electronics retailer and e-tailer, marked Best Buy’s first international expansion. Based in Burnaby, British Columbia, Future Shop operates 104 stores and FutureShop, its online electronics superstore. Future Shop's 8,000 store employees have earned a reputation of providing excellent customer service and a wide selection of digital products, televisions, computers, music and appliances. Future Shop plans to open eight to 10 new stores in fiscal year 2003.

* Retail Company is growing- its direct-to-consumer business grew from 8%-11%, went from 155 stores before 2012 to over 200 today.

The organization is making more ventures for faster rollout of these stores (Seeking Alpha, 2015)

1971 to over 800 stores located in 46 states and Puerto Rico. This industry is

The investment of Gopher Place will cause 19% of its sales to be cannibalized from five pre-existing Target stores in the area but this is not enough to impact the scenario. The financials are consistent, risk seems low, and the region is growing.

The stores would cater to the need of locals and tourist. To not cannibalize existing

marketing, store and field for growth investment” (“Growth Investment”). The company plans to continue with their transition into digital retailing, which will enhance their customer base.

Store’s future strategy: This store was said out-dated and catered to old people. Although the store had tried some promotions to attract younger customers, McGregor felt they had not been entirely successful. So they need to be catered to younger people as well.

Threat: Forces shaping the Nordstrom’s strategy is that it is operating in highly competitive environment, where apparel sold by it is not only competing with large organized departmental chains but, also from small independent boutiques in the U.S. As a result competition has become very stiff in retail

to be the same as the division’s existing business. However, to enter the clothing industry could be a

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).

Nordstrom’s Rack, which has 167 stories at the end of this year, will add an additional 25 stores in 2017. This is certainly a sign that fashion customers are continuing to endorse that company’s low priced effort. They scoop up fashion merchandise, especially shoes, at very discounted prices. Neiman Marcus is now expanding their Last Call stores to compete more aggressively with The Rack.

After that, she will examine Hong Kong local residents’ acceptability to 759 STORE for one year, review and also fine tune its operations, reorganize store locations, and adjust designs of some stores. If 759 STORE is identified to be accepted by Hong Kong local residents, the Group will open 60 new branches per year, 120 branches in total in the following 2 years.