Stage Stores Vs Stage Stores

The range of competitors within the overall industry include chain and independent supermarkets (Krogers, Safeway, others); mass merchandisers and super centers (Wal-mart,Target); convenience stores; wholesale clubs (Sam’s); restaurants and fast food chains andnatural food stores (Whole Foods, Wild Oats

Macy’s Inc. competes with other major players in the Department Store Retail Industry as well as with discounter, luxury stores, specialty stores, mail order and pure play internet retailers. Key competitors include Sears, J. C. Penny, Kohl’s, Nordstrom,

The industry we have chosen is the department store-retail industry. Within this industry, we have chosen the department stores of JCPenney and Macy’s. We find this industry, as well as these two companies, interesting from a strategic perspective. JCPenney has recently undergone a massive strategic restructuring in regards to its pricing, brand offerings, and store layout, pushing it away from the typical department store strategy of discounts and coupons. Its new strategy has become much closer to Wal-Mart’s strategy of every day low prices. Macy’s, on the other hand, has restructured with a push from the economic

This report presents data describing the differences amongst the two department stores, their fundamental visions, and comparative statistics. Macy’s or Dillard’s: Differences amongst these competitors There are several aspects you can analyze from each department store. Major pieces do set each one apart from the other. Brand names carried by Macy’s and Dillard’s from an average shoppers point of view can go completely unnoticed unless price is involved. For trend shoppers brand names can either make or break a retail store. It can easily determine if he or she will walk to Macy’s or Dillard’s because they already know the store does or does not carry that brand. This is consistent with each department throughout both stores and

Also their best performing store, South Prospect, is two blocks away from competition. The other two stores have competition either across the street or within the same shopping center.

The companies that were chosen for a company analysis include Macy’s, Kohl’s, and Burlington. Since the retail industry has been lagging behind lately, these companies will help determine the prospective financial investment in the retail industry. As Macy’s as our primary company, we chose Kohl’s and Burlington to be the two comparative companies. These companies are comparable due to the same SIC code of 5311 in the subgroup of department stores. These companies offer similar products and services with little differentiation between the three.

The TJX Company have a big quantity of competitors, the biggest rivals are Burlington Coat Factory, GAP, and Ross Stores, Bed Bath & Beyond, Winners, Target, Kohl’s, Macy’s, and JCPenney, but are still other companies that are considered competitors to the TJX Companies. Those mentioned before are the most dangerous in the current market.

New South Wales, Victoria and Queensland are the regions contributing over 75% of the 18.9 billion industry revenue. Westfarmers (Target and Kmart) and Woolworths (BigW) are the two largest companies competing on low-cost strategies (Porter, 1980). Myers and David Jones, holding 15.3% and 10.5% market shares respectively (Figure 1), compete on differentiated strategies targeting the upper consumer market (Porter, 1980). Over 10% of the total working population are employed in this industry (Productivity Commission, 2011).

In this segment, the retailer J.C. Penney will be analyzed against the department store retail industry, with particular emphasis placed upon their competitors, Macy’s and Kohl’s. The major components to be discussed will include the general external environment (i.e. demographics, economics, politics, legal requirements, technologies and global expansion), the industry environment, the competitive environment, the driving forces and the key factors for success within the industry. In terms of the general external environment, the retail industry is a multi-trillion dollar business in the United States alone and maintains operations primarily due to consumer spending. Such purchases rely upon the disposable income of

Nordstrom’s greatest risks are to expand stores in tough economies. In addition, since Nordstrom relies on local buyers, they must constantly be converting their shoppers into buyers to be profitable. Moreover, as Nordstrom sells brands designed and produced by other companies, it is highly dependent on those companies and also shares their risks such as changing trends and lifestyle. New entrants with smaller segments and better specialization will also pose risk to Nordstrom. The biggest competitors of Nordstrom are The Gap Inc., Abercrombie and Fitch Co., Bloomingdales Inc., Neiman Marcus Group Inc. In addition, online giants such as Amazon.com, Inc. also are one of their biggest competitors.

As shown on the above table in Deloitte’s report, with 5% revenue growth, retail giant Wal-Mart increased its lead in 2012. Carrefour, formerly the world’s second largest retailer in 2011 (see Appendix A), fell to fourth place since its declining sales. Tesco, second place in the ranking, was also impacted by discontinued operations, having decided to shutter its Fresh & Easy operations in the United States. It was also a year of transformation for Metro Group. The changes that Metro sold its parts of unit and operation dropped it from fourth to seventh place. Meanwhile, a double-digit sales gain boosted Costco from sixth place to third in 2012. And Target joined the top 10 leader board for the first time in 2012, replacing Walgreen (Deloitte, 2014).

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

Harris Teeter have been rivals for a while, and Walmart just passed Harris Teeter to be the #1 grocer. Walmart has many other competitors for other products that they have in store. Amazon and Google are their main competitors for the online aspect. Amazon really has the upper hand on Walmart as they have the same day delivery. Walmart has now started to test same day delivery as their way to compete with Amazon. Google on the other hand, is just bigger than Walmart plain in simple. It is very hard to compete with one of the best companies to ever be created. A new and upcoming online website is called Taobao, which is like a Chinese eBay. Jack Ma Yun said that Taobao will overtake Walmart at one day. Walmart’s other competitors are Apple, as they overtook them in Music sales, Netflix because Netflix is instant, and you do not have to wait. Best Buy and GameStop, because of the video game and electronics section, and Dollar stores, for their dollar prices they have. Sears is also a competitor as they sell a lot of home products, just like

Some 400,000 specialty retail stores operate in the US with combined annual sales of $350 billion

The biggest competitor was ULTA which has 40 retail stores in U.S. Its stores were located in off-mall locations and