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Sears Holding Company

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Sears Holding Corporation (“SHLD”) is the parent company of Kmart Holding Corporation (“Kmart”) and Sears, Roebuck (“Sears”). Sears, used to be the largest retailer in the United States, with sales representing 1 to 2 percent of the U.S. gross national product for almost 40 years after World War II. Since then, Sears has gradually lost its competitive to discounters such as Walmart and Target and to competitively priced specialty retailers such as Home Depot and Lowes’s. The company has not been profit since 2010, and its fiscal 2015 revenue is less than half of what it was a decade ago. It lost almost $4 billion over the past 3 years. In the most recent quarter, it lost another $900 million. It shares are down nearly 85% in the past five years.…show more content…
The end buyers are individual consumers. In the past, the retail industry was dominated by brick-and-mortar stores. Retails stores could be found primarily on the street and in the mall. Increasingly, e-commerce is gaining market share. More and more people get using to shopping online. Competition among retailers is fierce. Sears competes with a wide variety of retailers, including other department stores, discounters, home improvement stores, consumer electronic dealers, auto service providers, specialty retailers, wholesale clubs, as well as many other retailers operating on a national, regional or local level in the U.S. and Canada. Walmart, Target, Kohl’s, J.C. Penney, Macy’s, The Home Depot, Lowe’s, Best Buy are some of the national retailers and business which Sears are competing with in the marketplace. Supermarket such as Walmart and Internet store such as Amazon offer a breadth of selection and convenience that is tough to beat, and are frequently able to offer products at more compelling prices. Success in these competitive marketplace is based on factors such as price, product assortment and quality, service and convenience, including availability of retail-related services such as access to credit, product delivery, repair and installation. Additionally, it also important for a company to develop a competitive information system program. A competitive program would help the…show more content…
Wal-Mart Today, Wal-Mart is the largest and most profitable retailer all around the world. The Wal-Mart culture is built on obtaining the most current information about what customers want, getting the best ideas from employees about how to run the stores well, and sharing some of the profits with employees. The use of information technology has been an essential part of Wal-Mart’s growth. The essential part of Wal-Mart’s information system is a point-of-sale system. A point-of-sale system is a computerized information system that identifies each item sold, finds its price in a database, creates an accurate sales receipt for the customer, and stores this item-by-item sales information for use in analyzing sales and reordering inventory. Wal-Mart use telecommunications to link directly from their stores to their central computer system and from that system to its supplier’s computers. This allows automatic reordering and better coordination. Knowing exactly what is selling well and coordinating closely with suppliers permits Wal-Mart to tie up less money in inventory than many of their competitors. 3. Information Systems and
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