Wal-Mart Watch

According to Hoover database, it is estimated that between 2015 and 2019, US personal consumption expenditure for drug preparations and sundries is expected to grow at a rate of four percent (Hoovers 2015). According to Lucintel, the sales in global retail pharmacy are expected to reach $1.4 trillion by 2017. The global pharmaceutical market is projected to increase at a compound annual growth rate (CAGR) of 4 to 7% to 2018 and reach $1.3 trillion, according to estimates from IMS. From this…

I belong to 3 generations agricultural family. It began with my grandfather who grew up in the rural dryland of Thailand. Lahan Sai as they called it, literally mean the city of sand. A son of poor Chinese immigrant, he was the first in the family to go to college to study architecture and civil engineering. More than anyone around him, he understands the value of infrastructure, particularly water distribution system, and the life changing opportunities they provide to farmer. As he rises…

6 E.W. Grove E.W. Grove also known as Edwin Wiley Grove was born December 27th, 1853 in Hardeman County, TN. Edwin was born to James Henry and Mary Jane Harris Grove. He moved to Memphis to study pharmacy. Then in 1880 he moved to Paris and opened his own pharmacy. In Paris he developed a formula for two products that made him a fortune. (tonic seen in picture below). His products were bringing him a million dollars a year. 1Grove expanded his manufacturing facilities from those originally…

The history of World Dairy Expo is pretty elaborate. It all began when a group of Wisconsin dairy leaders wanted to develop a new concept in the dairy world. The prominent dairy leaders of Wisconsin started planning 2 years prior to the coming of the event. In 1965 a group of individuals including, farmers, governmental and educational leaders and agribusiness heads created a corporation called “World Food and Agricultural Foundation” which would later become World Dairy Expo. They created a…

Opportunities • Growth in private label merchandise The growth in private label merchandise is a huge opportunity for Reed because its shows consumers are paying attention to that. However, Reed is already providing a range of private label products but it is limited. This trend could increase sales and market share eventually for Reed. Private label merchandise are 17% of overall sales (page 3), which is 3% higher compared to the 14% in 2005. Private labels offer high profit margins to…

Ken Thompson, Chairman, President and CEO of Wachovia, which is the fifth largest bank in the United States. In fact, in 2007, Wachovia hit the record earnings of 2.3 billion with 4% earning per share. Thus, Thompson illustrates three main issues, Macro trends that shapes the future in the business world, which are the following: (1) globalization, (2) becoming greener, and (3) you. Thompson explains that 32 years ago, Wachovia was only a small North Carolina Bank that primarily shaped on the…

Below is the entry strategy based on the 7Ps: Product ( Goods /Services): Target will apply a product mix strategy and offer a high-quality, affordable well-known brands as well as a private label brands of a non -durable goods like food, beverages, and pharmaceutical products and durable goods like accessories, clothing, shoes, home supplies, furniture, garden supplies, electronics, entertainment, health & beauty supplies, automotive equipment, school & office supplies, and music instruments…

Tanglewood Department Store is a general retail industry that engages in the sales of nondurable goods such as clothing, small appliances, electronics, and other housewares. According to recent estimates, this retail industry provides jobs to approximately 23 million people and accounts for over $3 trillion in annual sales. In comparison with several top retail industries, the financials demonstrate that Tanglewood is a moderately sized organization with strong growth potential in operating…

Barbie still looks great for being 57. The one thing most people know about Ruth Handler and Mattel Inc. is that they created Barbie. Ruth Handler married the Mattel Inc. founder, Elliot Handler, together the Handlers worked on turning a garage furniture shop into an ongoing successful company. They had two children, Barbara and Kenneth Handler and in the 1970’s Ruth was diagnosed with Breast Cancer. She later died in 2002 from complications from colon surgery. Ruth Handler has changed the way…

I was in the Under Armour store in the Mall of America shopping for the new limited edition Steph Curry 3 shoes. Then I left after I had paid for them and I saw some guy wearing the same shoes I had just bought. I thought well that is a coincidence since I was the only one I had ever saw with these shoes. I was pretty wealthy since I had won the grand prize in lottery about 1 year ago. I also noticed he was wearing Virginia Cavalier sweatpants and a black sweatshirt with a terrapin on it. So I…