Merchandising

Introduction Nowadays “Globalization” has become the catchphrase for the last few decades. We can witness the sudden change of capital, trade and information around the world, stimulated by high-tech modernization from the global internet to direct shipment of products. The global economy has transformed and reshaped the social, economic and political landscape in an ineffaceable and profound way. Globalization has dissected national borders; free trade has enhanced economic incorporation and…

Main Point 3 Sears in the Organizational Life-Cycle Sears was originally founded in 1893. By the mid to late 1900’s, it had already grown into a retail powerhouse. Sears was often referred to as the Amazon.com or Walmart of U.S. Merchandising at its peak. During its growth phase, Sears helped create the modern day shopping malls in the 1950’s by helping developers build retail centers that would grow in popularity all across the country. In doing all of this Sears lost even more of their…

In 2015, 96% of the world were using some form of social media to promote their product, nevertheless in 2017 2.8 billion are active users of social media around the world. The world we live in today revolves so much around phones and social media that without these two the market would out of sync. So much of today's ads are on some type of social media account, in fact, 95% of social media users between the ages of 18-34 are likely to follow the brand on a social media network. As you notice…

Andrew Millán BLOCK 4 Step 4 I. Introduction Athletes make major sacrifices during their athletic career, and in 1980 they had to make the ultimate sacrifice and were forcefully withdrawn from the Olympic Games. The relationship between the Soviet Union and the United States at this time was very tense. The Soviet Union wanted to maintain a friendly and socialist government on its border, and with Afghanistan in the midst of a civil war, the Soviets would be able to support the…

Question 4 The issue of police brutality is sickeningly present in America and highly controversial. Instead of being flooded with feelings of relief and safety upon seeing a member of the police force, people of color feel anxiety and fear. Will this police officer harass or question me with no valid reason? Will they attempt to search my body or violate me? Will they even try to kill me? Black individuals are the most prone to acts of unnecessary police violence. In chapter 5, they discuss…

Learning about the reasons and motives behind why women shop is very important because women are a vital part of the retail market. In the book, which is titled Consumer Behavior: Women and Shopping by Patricia Huddleston and Stella Minahan, presents detailed research of the reasons why women shop. Patricia Huddleston is a professor of retailing and teaches at Michigan State University. Huddleston has published a lot in academic journals which presents her research about the retail industry. The…

College athletics are huge in the United States of America; sports on a college campus help bring athletes and the student body closer together. Most states in America do not have a professional sports team and most of the state 's citizens devote themselves to their local sports team by endorsing them and purchasing various things that make them somewhat closer to the team. There is a huge issue on whether college athletes should be paid or should they just remain with the way things are…

Circuit City The Failure of Circuit City Jake Johnston Mars Hill University  Abstract Circuit City started out in 1949 as “Wards Company.” Within ten years, the store brought in $1 million per year. In 1965 Wards expanded through the acquisition of other television and home appliance stores; their move of horizontal expansion helped with their success. In 1984, Wards became Circuit City Stores, Inc. and became publicly traded on the New York Stock Exchange. From the year of 1949 until 2009…

is a U.S. discount retailer with the goal to “exceed core customers’ expectations by providing her with great savings on value-priced merchandise” (Big Lots, 2015 10K, Page 2). Their overall sales performance is evaluated based on the seven key merchandising categories, including Food, Consumables, Soft Home, Hard Home, Furniture, Seasonal, and Electronics & Accessories. The company operates a total of 1,449 stores in 47 states of the United States. Among the stores, 33% of which operate in…

Who or what is FIFA and why does the FIFA scandal concern me? First, let’s look into FIFA. FIFA (La Fédération Internationale de Football Association) is the international governing body of football (better known as soccer here in the US). FIFA is responsible for the organization of football 's major international tournaments, most notably the Men’s and Women’s World Cup. FIFA was founded on May 21, 1904 in Paris by delegates from Belgium, Denmark, France, the Netherlands, Spain, Sweden and…