Whole Food Market Swot

8519 WordsJun 1, 201235 Pages
Whole Foods Market, Inc. ------------------------------------------------- BSAD 490 ADM Delta Consulting group Strategic Business Plan 2012, 2013, 2014 Andy Fescemyer – Prefatory Items, Mission Commentary, Executive Summary, Strategic Maps Ally Long – Environmental Analysis, Appendices, Internal Forces Kyle Payne – Environmental Analysis, Appendices, External Forces Brandon Maun – Prefatory Items, Mission Commentary, Strategic Maps, Financial Projections Contents: I. Executive Summary…………………………………………………………………………...4 II. Mission Commentary………………………………………………………………………...6 Intro. Mission Commentary……………………………………………………………….6 A. Moral Virtues………………………………………………………………………….6 B. Prudential…show more content…
The opportunities will remain endless as the company grows in the near future. The next strategy focuses on increasing sales by 13% over the next three years. We are going to implement a customer reward program to boost our sales. By rewarding shoppers with discounts, we can encourage customers to return more frequently. This strategy will also influence customers to buy more while they are here. We could incorporate a discount card much like a debit card and it records your current discounts on groceries. The discounts can be in percentages and increase as the shopper spends. Another strategy is to increase our stockholder equity. Stockholder wealth remains a top concern when planning for the future. We would like to increase our stockholder equity by 5%. Over time, our store expansion nationally will benefit our stockholder wealth due to the expected success of those stores. We believe that our stockholders are very important to us. Therefore, the strategy to expand our stores internationally will also be an opportunity to increase their earnings. Whole Foods Market has had a history of recalls in the past. Along with product recalls, the company experiences losses. We would like to address this issue by executing a plan or strategy to reduce these recalls. First, to reduce recalls we must improve the quality of our products. To improve the quality, we would like to strengthen our evaluation

More about Whole Food Market Swot

Open Document