The Stock Market Project is to teach students about how a stock market works. This will help them develop great understanding of it and could have an easier way of monitoring their money. It is important that one understands how the stock market works before they invest their money into it. While doing this project it will give a sense of experience to the students that do so. Help them comprehend what the future will bring them if they do decide to invest their money in a corporation one day. Many people these days are investing a lot of money into major corporations, and this is why one must know in what they are getting themselves into before do so. It is better if investors monitor the company of their choice for a certain period of time …show more content…
Macy’s expansion to more than I million square feet of space and almost took over 7th Ave in 1924, made Macy’s Herald Square “World’s Largest Store”. In 1918, R.H Macy & Co. made $36 million in annual sales. In 1924, the first Macy’s Christmas parade was created by Macy’s immigrant employees to celebrate a new American heritage, which now instead of the parade for Christmas now it’s for Thanksgiving. In 1992, Macy’s went bankrupt and therefore had to shut down several stores. Federated Department Stores, Inc. acquired R.H. Macy & Co. in 1994, making them the world’s largest premier department store company. On 2005, Macy’s had more than 400 stores throughout the US, creating them the nation’s second largest department store chain. As of January 2014, Macy’s had over 850 department stores in the US, Puerto Rico, Hawaii, and Guam and making them the largest U.S department store company. Macy’s main competitor is JCPenney, both striving to attract customers and gain more popularity than they have already obtained. They are aware that location is very important to get more customer attraction and easier access to their stores. For example, Manhattan, New York, being home of the tourists and having such great …show more content…
With 882 stores and $8.4 billion of sales and 104,000 associates in 1985. Walmart expanded into Wisconsin and Colorado being the first stores to open in Minnesota in 1986. During Walmart’s 25th anniversary in 1987, Walmart was able to track inventory, sales and send instant communication to their stores. As the technology advanced they had equipped 90% of their stores with barcode readers. In 1988, Sam Walton stepped down as Chief Executive Officer and made David Glass Executive Officer instead. The first Walmart Supercenter was introduced in Washington, Missouri in 1988. With additional features such as optical center, tire and oil change shop, one- hour photo processing lab and a portrait studio. In addition Walmart also has numerous alcove shops such as banks, hair and nail salons, cellular telephone stores, video rental stores, and other fast food outlets. Walmart became the most profitable retailor in the United States in 1988. Though it could not outsell Sears and K-mart. In 1991, Walmart expanded worldwide and opened their first outside the United States in Mexico
Macy 's is one of the largest retailers in the United States. Macy 's was founded by Rowland Hussey Macy in October 28, 1858. Macy 's is an oldest brand in USA with 158 years old. Talking about Macy 's. Macy’s is a mid-range to
In 1962, Wal-Mart opened their first store in Rogers, Arkansas. In 1970, Wal-Mart's first distribution center and home office in Bentonville, Ark. open and Wal-Mart went public on the New York Stock Exchange. Just nine years from that, Wal-Mart's annual sales exceeded one billion dollars. In 1988, Wal-Mart super centers opened across the country. In a merely three years from that, Wal-Mart opened their own store in Mexico City, Mexico; making Wal-Mart an international corporation. Not even sixty years has past, and yet, Wal-Mart is over-powering our country.
Macy’s was founded by Rowland Hussey Macy in 1858 in New York City. Macy's stores target the middle-to-higher-priced market, offering women's, men's, and children's clothing and accessories, housewares, home furnishings, and furniture. After its merger with Federated Department Stores, the company became the largest department store company, operating more than 850 department stores across the US. The company primarily operates in the US. Macy's is headquartered in Cincinnati, Ohio, and employs 166,000 people, including part-time employees.
Macy’s is one of the oldest enterprises in the United States, based retail chain of departmental stores. (Hoovers.com) It was founded by Rowland H.Macy on 14th Street and 6th Avenue in New York City in 1858 with the name of R.H. Macy & Co. The corporate headquarters are located in Cincinnati, OH. Lately, the company was bought by Isidor Straus and Nathan Straus. Macy’s grew from its meager beginning into America’s department store. In 1994, Macy’s became the world’s largest department store company because of merging with Federated Department Stores.
2.) In today’s evolving customers, a majority of customers changed their shopping habits. More shoppers research purchases on line and comparison shop. Macy’s must appeal to the new way of shopping and strive to meet the needs of their customer.
Walmart Corporation was open in 1962 by Sam Walton. The first Walmart was open in Roger, Arkansas to save money or better people life and live a better. Walmart has over 8,800 stores sites in 15 countries with 2.2million employees worldwide. Bentonville, Arkansas has the headquarters and distribution center of Walmart. The discount departs stores are known as the original stores.
The Macy’s Corporation was founded in October 1858, and they are headquartered in Cincinnati, Ohio. The corporation focuses on internet sales in the United States, and they employ 166,900 full-time employees. Macy’s sells a range of merchandise, everything from apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. Similar to Kohl’s, Macy’s sells a special range of clothing, accessories, handbags, jewelry and footwear. As of January 20, 2016, it operated approximately 900 locations in 45 states, the District of Columbia, Guam, and Puerto Rico under the Macy’s, Bloomingdale’s, Bloomingdale’s Outlet, Macy’s Backstage, and Blue Mercury names; as well as Websites, including macys.com, bloomingdales.com, and bluemercury.com (M Profile | Macy 's Inc. Common Stock - Yahoo! Finance). In addition, Macy’s operates as a
A store that will provide everything a customer needed. With this vision, Sam and his wife Helen put up 95 percent of the money to build the first Walmart store in Rogers, Arkansas. Then they started making more profit because they were not only selling groceries but many other goods such as jewelry, toys, automotive products, clothes, and many other things. Over the years, Walmart started gaining customers and gaining respect in the community (“History”). In 1991, Walmart started business in Mexico City and this became the movement to create Walmart International. The company operates under its own name in the United States but the stores are created with different styles and formats to fit with the local customer needs and desires. In some countries, the name Walmart is changed to fit with the locals such as Walmex in Mexico, United Kingdom as Asda, in Japan as Seiyu, and in India as Best Price. More than 90 percent of the international stores operated under a different name than Walmart. Nevertheless, the goal and purpose of each of the store remains the same: “Save people money, so they can live better.” Today, Walmart International has 5,366 stores and about 740,000 associates in 27 different countries excluding United States. Some of the countries Walmart International operates in are Argentina, China, Honduras, Nicaragua, Brazil, Cost Rica, India, United Kingdom, Canada, El Salvador, Japan, Chile,
The annual report and 10-K filings were obtained from macys.com. The financial statements included in the annual report are as follows: consolidated statements of operations, consolidated balance sheets, consolidated statements of changes in shareholders’ equity, consolidated statement of cash flows, and notes to consolidated financial statements. In the report, Macy’s Inc. recognizes several competitors which are Bed Bath & Beyond, Belk, Bon Ton, Burlington Coat Factory, Dillard’s, Gap, J.C. Penney, Kohl’s, Limited, Lord & Taylor, Neiman Marcus, Nordstrom, Saks, Sears, Target, TJ Maxx and Wal-Mart. The top three
As specified in the weaknesses, Macy’s Department Stores Inc. has very little geographic presence in the countries where the growth ratio is much higher. Among the possible list of opportunities available to the company, the company can expand its business operations and portfolio in the emerging markets of Asia like China, India etc. these markets represents the great potential of success and profitability to the large numbers of companies. Business expansion can also be done by having strategic alliance in the form of mergers with
Macy’s has always found creative ways to attract consumers in the past such as the botanical garden. They should consider hosting more events to build up their brand and draw more positive attention to themselves. I thought it was a great idea for Macy’s to partner up with other retail companies to expand their inventory. Instead of take the initiative to horizontally integrate, they have decided to allow other retailers to setup in their department stores. This would bring in customers that are in a rush to pick up multiple things for holiday shopping to go to Macy’s as it would be a one stop shop. Best Buy is a good example of one of the many partnerships. They already have a fan based and loyal customers, so it would not make senses if they decided to start an electronic department to compete with the current market. It would also resolve the issue of low traffic in Macy’s as it would attract more shoppers to go to Macy’s to visit the section of different
As one of the major retailers in the United States, JCPenney has 1,104 department stores in 49 states and Puerto Rico as of February 2, 2013. The key success of its business is tremendously depending on the sales performance. However, the retail business is highly competitive, with low barriers to entry and low profit margin. Due to large sales plunge in 2012, the company is in financial trouble. The thorough analysis of JCPenney’s financial statements is vital to judge the future performance of its business.
The competitive environment of a business is the part of a company's external environment that consists of other firms trying to win customers in the same market. It is the segment of the industry that includes all immediate rivals. These are factors that are out of the company’s control, such as when state regulations change and they have to adjust to meet those requirements. To ensure Macy’s Inc. understands the environment they will conduct an external environmental analysis. This would include identifying any opportunities and threats to the firm (Hitt, Ireland, Hoskisson, 2013). One of the opportunities that Macy’s could
The product life style of the department store is in the mature or declining phase of its product life style, because of the declining sales. Furthermore, according to estimates, market share has eroded away to 7 per cent, as of 2010, and is far below the desirable rate 15 per cent (Johnson, 2011, p. 3). Also, the brand image is being heavily relied upon and the bottom line is not showing significant increase in the years presented in the journal article. Macy’s is afloat due to a strong management team and the aggressiveness to deal with problems as they arise. For example, continuing to adjust its portfolio of stores, focusing on fashion, and developing private labels in bedding, outerwear, ‘tween’ clothing, increase national advertising and using celebrities. Additionally, Macy’s advertising is combining the national department store image with July 4 and the Annual Macy’s Thanksgiving Parade, which appeals to the American citizen. Solution
The premier Wal-Mart location opened in 1962 in Rogers, Arkansas. Walton and his wife Helen set up 95% of the cash for the endeavor. Only six years after the fact Wal-Mart started extending outside of Arkansas State. Wal-Mart stores opened in two more southern states, Missouri and Oklahoma. On October 31, 1969, Wal-Mart had become incorporated. In 1971, Wal-Mart stock had its first 100% part and was sold at a stock price of price of $47. By 1972, Wal-Mart was being traded on the New York Stock Exchange. By its 18th birthday, Wal-Mart turned into the speediest organization to reach $1 billion in sales. The chain included 276 stores, 21,000 partners, $1.248 billion in sales. All through the 1980s, Wal-Mart developed to have areas in 13 new states. By 1991, Wal-Mart proceeded onward to the international business sector, opening its first