About the company National Stores started in 1962 by Joseph Fallas in a single downtown Los Angeles store as Fallas Paredes. The current CEO of National Stores is Joseph, son, Michael Fallas, who began to work as a stocker boy at the age five. The National Stores Inc., is a family-owned company headquartered in the Harbor Gateway of Los Angeles, California, they have more than 350 locations in twenty-two locations in Puerto Rico. The National Stores Inc. does business as Fallas Paredes Discount Stores, Factory 2-U, Conway, CW Price and Anna 's Linen 's by Fallas. Not only does this company have a wide selection of home goods and décor, but it also offers brand name and private label clothing for men, ladies, boys, girls, juniors, infants and toddlers along with lingerie, shoes and household items.
Contact information I visited was in the Fallas Paredes Discount Store in Carrollton, TX. The address of this location is 1103 S Josey Ln, Carrollton, TX, 75006. The company hours of operation are Monday through Friday 9:00 a.m. to 10:00 p.m. and on Sunday there hours are 10 a.m. to 8:00 p.m. I interviewed with the store manager named Carolyn Wells at the Fallas Paredes location in Carrollton, TX. The store manager responsibilities at Fallas Paredes is hiring and training employees to meet company sales goals, service expectations, and corporate principles. Some other responsibilities the company includes is scheduling workers, managing payroll, processing shipments, and
In “Enclosed. Encyclopedic. Endured: The Mall of America,” David Guterson’s description concerning the Mall of America researches into numerous surfaces that are entrenched throughout the mall both physically and psychologically. David Guterson claims that the Mall is a psychological impact on the applicants inside. He makes this claim through his portrayals of the shopping mall’s: exterior and interior environment, the people he interviews, and the malls many titles.
In early 1960 Dayton Department Store Company decides to launch a new discount chain store. They announced that “the new store, will combine the best of the fashion world with the best of the discount world, a quality store with quality merchandise at discount prices, and a discount supermarket… 75 departments in all.” (Target, 2016)
IThe essay “Big Box Stores Are Bad for Main Street,” was written by Betsy Taylor who focused on the effects of large chain stores on the “soul” of America as opposed to their economic effects. The writer argues that stores like Target, Home Depot, and Wal-Mart are harmful to America as they discourage people from buying from downtown shopping Districts (Taylor, 1999). Taylor states that the large chain stores cause people to focus their attention entirely on consumption. As she presents her critique to the large stores, the writer displays her believe in the importance of small businesses for America. According to her, small businesses are essential as they facilitate community interaction, provide a personalized attention to clients and facilitate the uniqueness of each city.
In 1950, former J.C. Penny employee, Sam Walton opened Walton’s Five and Dime in Bentonville, Arkansas. By 1965, in the same small town Walton would open the first Walmart store unknowing that his investment would become the world’s largest retailer. By keeping sales prices low Walton was able to get ahead of the competition and successfully opened an additional store within the same year. Walton’s success continued and by 1967 his chain of stores had grown to 24 locations, and was bringing in about $12.6 million dollars in sales annually.
The first Target store was opened in Roseville, Minnesota in 1962. The company began its’ path towards development in 1902 by George Draper Dayton. Dayton was a partner in Goodfellow’s Dry goods Company in Minneapolis, Minnesota. He quickly bought out his partners and became the founder of Dayton Dry Goods Company. In 1968, Dayton acquired the JL Hudson department store thereby changing his founding name to Dayton Hudson Corporation.
Step 1: Null Hypothesis: The average (mean) number of years lived in the current home is equal to 8 years.
I conducted a phone interview with, Joseph Hladiuk the store manager of the Macys in Robinson Township. Joseph has been the working at Macy’s for over 15 years and has been the store manager for about 5 years now. As the store manager, Joe is directly involved with some of the Human Resource functions and HR is a key component to their business because the organization thrives off of its employees.
The purpose of this paper is to discuss Case #6 in the student text regarding The Grand General Store.
Part II Estimate the business value using BizStats. –Valuation Rule for Sporting Goods Store at BizStats.
Who should be regulating medical marijuana? Majority leader of the California State Assembly, Alberto Torrico asserts that marijuana, used for medicinal purposes, should be legal and regulated to ensure safe, pesticide free, organic cannabis. However, Torrico maintains non-medical marijuana should remain illegal for all California citizens who do not have a physician diagnosed medical need, such as AIDS or cancer. He contents that advancing the cause of legalizing marijuana to provide additional tax revenue, in an effort to balance the California state budget, would be a mistake. Furthermore he stresses the need for statewide comprehensive regulations, for all aspects of medical marijuana production, from the growing fields, through
In 1858, Mr. Rowland Hussey Macy (or more commonly known as R.H. Macy) established the first Macy’s department store in New York City. Today, 158 years later, Macy’s is a chain of mid-range American department stores with its flagship store here in Herald Square. This particular store is labelled as the “world’s largest store” because of its one million square feet of selling space. The products offered are clothing, footwear, accessories, bedding, furniture, jewelry, beauty products, and housewares. As of April 2016, the Macy’s company operates 870 stores in 45 states, as well as Puerto Rico and Guam. Within the 870 stores, the workforce includes approximately 157, 900 employees. The company operates Macy’s, Macy’s Backstage, Bloomingdale’s, Bloomingdale’s Outlet, and their new project, Bluemercury. Macy’s is the largest U.S. department store company by retail sales (2015), and they are the 15th largest retailer in the U.S. in terms of revenue (2014). 2015 Fiscal sales totaled to an impressive $27.1 billion. In 2015, Macy’s came out strong holding a winning streak of five consecutive years of growth in earnings, return on invested capital, sales, and cash flow. However, throughout the year, the company experienced a conjunction of negative factors. Due to that, Macy’s was impacted within sales, profitability and margins. Some were caused by external issues and internal. According to Business Insider, Macy’s has blamed a variety of temporary factors for the slowdown in
What is your opinion on chain stores do they make your city boring or make it less boring. Virginia Postrels says “chain stores divide prices and economic diversity”. Her essay “In Praise of Chain Stores “ brought to mind the chain stores in my area and the effect they have had . There are many ways a chain store can affect an area but only a few that can make a change that is lasting. Augusta has become less boring area because chain stores offer diversity in shopping, more movement, and economic growth
Nordstrom, created in 1901 by John W. Nordstrom as a small shoe store in Seattle, Washington, is a major department store located in the United States and Canada. At Nordstrom you can find apparel, home goods, shoes, and accessories for your daily lives. Nordstrom has over 300 stores located in 40 states and has become one of the top department stores through their innovative tactics, great customer service, welcoming store environment, and their wide range of brands and products.
Most of the executives of Store24, a New England based convenience store, were gathered for an important meeting to discuss a way to increase store level employees retention. Some of the suggestions were to increase wages and bonuses, training enhancements or career development programs. However, top management lacked sufficient information available that would explained the relationship between manager and crew tenure on store level financial performance. Hence, the purpose of this paper is to shed light on the “employee tenure-store level performance” relationship as well as to discover how managerial skill,
The recognized giants in today’s discount retail market are Wal-Mart, Sears, Roebuck and Company, and Target, and this paper compares Wal-Mart and Target. As the competition stiffens to capture market niches, these two organizations are heading for a showdown. This work demonstrates distinctive differences in company culture, promotion within the organization, lofty goal setting, and leadership styles between these two organizations. Although this paper shows a definite competitive advantage for the Wal-Mart organization, it will also demonstrate that Target