The Outsourcing Of The Retail Industry Essay

1892 Words Jun 24th, 2016 8 Pages
the organizations/industries I would like to take an in-depth look at is the retail industry. Each retailer has been able to deal with a considerable amount of change within the structures of their organization from multiple aspects. In the reconstruction of redefining organizations, there must be several areas improved. There becomes a need of improving leadership, making affective moves, and incorporating quality structure for improving organizational needs. There are several organizations which have been struggling with several business ventures pertaining to investments or over volume with too many stores and etc. Those stores range from Wal- Mart, Best Buy, J.C. Penney. Each one of these prominent corporations have been faced with difficult times pertaining to hardships with decline in sells for business development. In a recent article, Hirako Tabuckjan speaks about the closing of 269 stores with Wal-Mart. The surgeance from Amazon has forced largest retailers to make a considerable change with its current format in hopes of restructuring a current strategy. Closing stores is never an easy decision, but it is necessary to keep the company strong and positioned for the future, “Doug McMillion, Wal Mart’s president and chief executive, said in a statement (Tabuchjan, 2016). In previous courses, there have been multiple sources which believe in the same vision as Mr. McMillion. The need for a strategic vision helps and create a more distinctive format that contributes…

Related Documents