MW 4:45- 7:15 Crafton Industries, Inc. 1. Situational Analysis -The U.S. Flooring Industry · In 2009 businesses spent near $17 billion for floorcoverings. · The largest floor covering product is carpet and rugs followed by ceramic tile, vinyl, hardwood, stone, laminate and rubber floorings. · Residential sales accounted about 11.33 billion sales (2/ 3 of the sales) in the flooring industry and commercial accounted 5.67 billion sales. · The dollar sales of U.S. floorcoverings
Industry Analysis Project Specialty Retail Industry Introduction The industry I have chosen for my paper is the Specialty retail industry or the clothing industry which has the SIC code of 5651. This industry consists of companies that are primarily in the business of clothing and accessories for men, women and children. These companies include unisex clothing stores and jeans stores for all ages instead of stores aimed at a particular age group or sex. Industry Environment The clothing industry
Labor Market One of the most crucial elements of a successful or productive organization is an effective employee selection process. The significance of this process emanates from the fact that how workers carry out their jobs plays a crucial role in determining the level and extent of success of an organization. Due to the significance of an employee selection process, organizations draw candidates for open positions from the labor market. Actually, top-performing or successful organizations
HISTORY Retail is the selling of services or goods to consumers to gain a profit. The retail industry is one of the most important and profitable industries in the world economy today. Total annual U.S. retail sales have increased an average of 4.5% between 1993 and 2015, according to the U.S. Census Bureau. The simple idea of creating retail shops, discount stores, and super shops has altered the world of shoppers and consumers worldwide. An estimated two-thirds of the U.S. gross domestic product
engaged in the business of premier retail fashion. The standard of value was Free Cash Flow Value, which measures the company’s ability to generate
An Analysis of China’s E-Commerce Industry Introduction A little more than 10 years ago, China’s path to e-commerce leadership would have been difficult to foresee, even as the tech boom in the US and other markets saw the development of e-commerce as an important B2C and C2C channel. In 2000, China had yet to develop any e-commerce applications, and had only 2.1 million total internet users. Payment systems and physical delivery mechanisms to facilitate the development of e-commerce transactions
Analysis: Barnes & Noble Executive Summary Barnes & Noble is a key player in the Book Retail Industry. This mature industry has been experiencing slow growth over the last several years, much slower than overall retail sales. Barriers to entry into this industry are quite high, and suppliers have modest influence over booksellers. The introduction of the Internet has brought about many changes to this industry. It has increased rivalry, buyer power, and substitutes. Spending time "surfing the
INVESTIGATE AND ANALYZE THE COMPANY’S HISTORY AND GROWTH: Kroger Company (NYSE: KR) was founded in 1883 by Bernard Kroger and is one of the largest grocery retailers and the second largest private employer in the United States. Headquartered in Cincinatti Ohio, Kroger employs over four hundred and forty-three thousand employees in the United States [1]. Since their founding in 1883, on Bernard's initial investment of $372, Kroger Company has expanded to over two thousand eight hundred locations
The analysis of U.S retail industry development What is the retail industry Retail is the sale of goods and services from individuals or businesses to the end user. Retailers are part of an integrated system called the supply chain. A retailer purchases goods or products in large quantities from manufacturers or directly through a wholesaler, and then sells smaller quantities to the consumer for a profit. Retailing involves a direct interface
Executive summary: Macy’s Inc. is one of the oldest enterprises in the United States, belonging to the department stores industry. (Hoovers.com) It is a national brand, owning 850 department stores. During the development of the company, there had several key decisions that were beneficial for the company. However, in recent years, the competitions in department stores industry become more and more serious. Due to the economy downturn period, Macy’s and many other retailers were suffering. Fortunately