Department store

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    Federated Department Stores made a decision in 2005 to reposition and consolidate 15 of its regional department store chains under just one national brand-Macys. This decision was in response to the decline in sales and profits that had hit the traditional department store industry, which was in a maturing stage and moving towards a downward trend for some time. Just three years later, in 2008, U.S. economy was hit by a recession that threatened the livelihood of many successful retail giants. While

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    Department Store Industry NACIS 452111 Table of Contents Introduction…………………………………………………………………………….………… 3 The Industry’s Dominant Economic Features……………………………………………………………..……………………….…… 3 Porters 5 Forces…………...……………………………………………………..…………………………. 7 Power of Buyers…………………………………….……….…………………………….7 Power of Suppliers……………………………………….………………………………. 7 Barriers to Entry…………………………………..……………………………………… 7 Threat of Substitutes……………………………...…………...…………………………. 7 Competitive Rivalry…………………………………………

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    discuss and compare the department store industry. I have chosen this industry because I live in Southern California where the retail sector is a major part of business. Shopping malls are prevalent everywhere. I have seen and experienced all the differences among class and status. With a wide variety of demographics in Southern California, there are a number of shops and stores to choose from. Department stores range from discount warehouses such as Wal-Mart, mid-range stores such as JC Penney, and

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    In the United States, department stores have existed as a very large segment of the retailing world. The industry is rolling towards change and challenge as external influences drive demand setting. Department Store sales have been steadily dropping and are projected to continue to decline at about 17% from the year 2011 to 2021. Mintel Academic predicts that sales in this industry are going to drop in 2017 to $54.3 billion, 8% less than the year 2016 (Mintel Academic). This industry is in the declining

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    Department stores Targets, Kohls, and Kmart provides the consumer with a large selection of merchandise for all ages and genders these stores use a multichannel strategy which describes how these corporations incorporate their business’s offline and online channels, this technique is also known as brick and mortar (Brown, DeHayes, Hoffer, Martin, & Perkins, 2012). The marketing scheme is to let the customer decide how they want to make a purchase a product through the store, the website which provides

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    woman’s heaven on Earth became the department store in 1838 in Paris. The department store became a haven where women of the wealthy middle class and the Bourgeois could spend their free time there and feel safe, much like they did at church. It also became an expansion of a woman’s sphere in both her work life and in public. But since the department store was first erected, it begs the burning question: why would the women of Paris feel safe in the department stores? Why would the lower middle-class

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    I. Industry Overview A department store (NAICS 45211) is a retail establishment that offers the customers a wide range of consumers goods in different product categories known as departments. This industry is engaged in selling apparel, appliances, home furniture, and diverse items such as paint, cosmetics, furniture, toys, and sporting goods. In this industry, merchandises are separated by departments. Major companies in this industry are Dillard’s, JCPenney, Macy’s and Sears. According to Hoovers

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    Mexican Department Store Industry The department store industry in Mexico functions just like the majority of department stores around the world. They target the middle to upper class people with money to spend on popular brands, food and entertainment. While the department store chains in many countries tend to focus on one line of products (e.g., clothing), the department stores in Mexico have diversified products and services that helps to decrease direct competition, but it also makes it more

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    Kohl’s Department Store Sustainability Paper This paper will incorporate Kohl’s Department Store Environmental Sustainability overview in brief. Kohl’s Department Stores, was founded in 1962 and is headquartered in Menomonee Falls, Wisconsin. Kohl's owns and operates family-oriented department stores by offering moderately priced, exclusive and national brand apparel, shoes, accessories, beauty, and home products throughout its department stores (Forbes 2014). Kohl’s has embarked on integrated sustainable

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    2. LITERATURE REVIEW 2.1 Layout and ambiance of a department store. The visual appearance of the store frontage, window displays, and overall outlook facilitate the consumers to form rapid impressions about a store. It is a method and technique which allows them to determine whether they would want to enter a store or not. A customer’s analysis is clearly the deciding factor for their actions. After all, they can walk pass the store, in case they are not impressed with the way merchandises which

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