TANGIBLE Capital. Nordstrom has $8.11 billion in total assets, with $1.1 billion being of cash and cash equivalents.49 Inventory and Equipment. Merchandise inventory primarily consists of clothing, footwear, jewelry, household items, and cosmetics and it makes up approximately $2.07 billion.50 Human Capital. Nordstrom has approximately 72,500 employee’s globally.51 Real Estate. Nordstrom owns real estate all over the world and it is currently valued at $3.9 billion.52 INTANGIBLE Experience.…
Macys Introduction Macy's, originally R. H. Macy & Co., is a mid-range chain of department stores owned by American multinational corporation Macy's, Inc. Macy’s now serves customers through approximately 800 stores in virtually every major geographic market in the United States, with a prominent Herald Square flagship location in Midtown Manhattan. Macy's is known for its niche in popular culture and the diversity of its merchandise. Macy’s, Inc. today is often at the top of the list of…
For Nordstrom decision making starts directly on the selling floor. Nordstrom’s key strategy is addressing the need of their customers to the highest standers. A big part of this, is providing the sales staff with the right merchandise. In order for salespeople to be effective, Nordstrom is constantly providing relevant and desirable fashion for the consumer. (Giannopoulos, 2013) Uniqueness is key when providing people with cloths they want to wear. Clothing that makes them feel confident,…
Gregg Steinhafel Chairman, President and CEO of Target. Steinhafel was born in Milwaukee. He worked with his grandfather and Austrian immigrant in his furniture store. Steinhafel received his bachelor’s degree from Carroll University in 1977 and an MBA from Northwestern University’s Kellogg school of management in 1979. He joined Target as a buyer and moved up the chain of command. Stenhafel was named President in 1999, joined the board of director in 2007, titled CEO in 2008, and appointed…
The distribution is imperative to the firm because it wants to ensure that there is as much in-stock availability as possible. The first and main distribution center for Wal-Mart is located in Bentonville, Arkansas. A benefit Wal-Mart has is that the company has great power over its 40,000 suppliers (out of these 40,000, 200 are key suppliers), and soon after the opening of the distribution center in Bentonville, suppliers located nearby to support the company. Each store that was opened was…
When I initially decided to take this class, it was only to fulfil the minimum requirement by UC Davis PA master’s program. All I wanted was a job where I could quickly obtain patient experience hours. This all changed by the end of the first week of class. Something about the radiated enthusiasm and passion of the instructor and student assistants, brought me to a different place. I didn’t expect this, I only signed up for EMS 111 because I didn’t get into the phlebotomy course the previous…
hospital costs by reducing unnecessary admissions (Auerbach & Mason, 2010).” In other words, having a social worker in the ER could potentially reduce spending for the hospital. According to Z. Byrd and R. Sai having a social worker in the emergency department could “reduce the risk of lawsuits, it would allow other staff to focus on tasks within their scope (personal communication, November 5, 2014).” For example, nurses could focus more on patient care; instead of spending there, time doing…
My desire to pursue a career in medicine initially bloomed out of an interest in Biology. I was fascinated with learning about the body’s mysteries and how it functions, so I entered college as a pre-medical student. During this time, I was able to experience volunteering in the medical field and my passion for medicine increased. My experiences have shown me that medicine is a strong fit for me. One of my most memorable experiences was working as a medical intern at Dr. Liu’s primary care…
Maximizing the value of product and service offerings within the industry Exploring the competitive advantage of Sears; one thing noted that Sears does have an advantage to focus on quality, low cost, and customer responsiveness and satisfaction. Its strategic scope can be geared towards products and service of their customers. This has already started with Sears member-centric focus in providing its customers with the best shopping experience. Furthermore, Sears can expand its product lines…
Shopping experiences can be exciting and eventful or a miserable loss of a day due to poor layout, rude customer service, and other troubles. Families in particular are a hard crowd to please with store’s amenities and products. However, families with children between ages 2-12 are responsible for a high amount of profit that can be brought back to the store. The amount of people spending money in a store multiplies when a family goes on a shopping expedition. Families create an opportunity…