1 3 Modified SWOT Analysis Sieta Graham University of Phoenix STR/581 Professor: McClintock Due Date: 05/09/2023 Modified SWOT Analysis Kroger?s is one of many that sits on the list of Fortune 500 companies. They are a retail brand that is operated in the United States. The was originally founded in 1883 in Cincinnati, Ohio by its founder Bernard Kroger Startup Talky (2023). His dream was to have an operation that consist of a host of multi-store companies and supermarkets not just in the U.S but also globally. His family line now owns over 2800 stores in more than 35 states around the world. Kroger also have varies distributing companies along with pharmacies and fuel stations that they also supply. The company employs many people by providing different products and services in today?s market. They are one of many retail chains that also offers their customers ways to save online and in their stores by providing digital ways to save on many products and services that they provide. SWOT analysisStrengths Strong presence in the U.S Diversity of products in stores Trust of customers Offer fuel points Effective marketing strategy Weaknesses Expenses of operating cost Currently no international presence Controversies Larger debt risk …show more content…
The company Has a very good training and learning employee for its employees. They also have a good brand portfolio which is good if they decided to venture out and expand into many new products categories. I believe the company re organize their business structure and do not limit their expansion and product segments it can help them in by integrating further internationally which will give them a competitive advantage. Some opportunities externally would be if they can improve their online
Congratulations on the 2017 third quarter results for Publix. Store sales, earnings, and a higher stock price are impressive. With Publix headquartered in Lakeland, Florida, and 775 stores in Florida, the company is a prominent business for our state. With a history dating back to 1930 and founder George W. Jenkins, Publix has become one of the largest employee-owned grocery chains in the United States. I am a long-time Publix shopper and appreciate the friendly customer service provided by store employees.
“The son of a merchant, he ran his business with a simple motto be particular, never sell anything you would not want yourself”. (Kroger Company Fact Book) This philosophy and motto is equally important today, and most desirable to the company customer’s base. By 1902 Kroger acquired 60 additional stores and changed its name to the Kroger Grocery and Baking Company. The Kroger Company and Baking Company
On average, the company has about 2,796 stores, which 2,255 have pharmacies and 1,445 have fuel centers. There are about 443,000 employees employed with the company. Kroger is divided and operated under several different divisions. The ones in which I have worked in are Delta Division (Mississippi, Tennessee, and Arkansan) and the Atlantic Division (Georgia and North Carolina). Majority of the employees that work for the company are covered under the collective bargaining act.
Strengths and Weaknesses One of the company's strengths is its experienced and dedicated team of employees who are committed to providing exceptional service and products to its customers. One weakness is its reliance on regional distributors, which may limit its ability to expand its customer base. Involvement in the Global Marketplace While the company's focus is primarily on serving customers in the local and regional markets, it is open to exploring opportunities in the global marketplace in the future. Change Implementation and Community
The culture of the company shows team work within the work force and also money off products for those that work for the company, this would be appealing for those looking to work for
By introducing their products and services to hypermarkets they will be making up for the markets volume. By having more input in manufacturer control which include evaluating different raw materials from different suppliers can help to capitalize on the organization resources. They key is building a better and stronger consumer base if they focus on the quality of products they are offering and what regions they are marketing. The company is made of three important parts which include television, internet, and phone service. They are a brand that can capitalize on cost of content, film, and even sale on production.
Concerning this week’s discussion, I will be expanding on how the Sherwin-Williams paint and coating company is being viewed in the local and international markets using a SWOT analysis. The acronym “SWOT” stands for Strengths, Weaknesses, Opportunities, and Threats. The strengths and opportunities of a company highlight in what arenas are the company performing well while the weaknesses and threats of a company indicate in what areas the company needs to improve to remain on top of its competitors. Sherwin- Williams is a paint and coating manufacturing company that has been in operation for over 150 years (Sherwin Williams, 2022).
Strengths Strong brand recognition Loyal customer base Extensive product selection Experienced management team Strong financial performance Weaknesses Increasing competition from online retailers Rise of athleisure brands High operating costs Lack of international presence
(www.thekrogerco.com, 2015). Kroger’s Mission & Vision Statement reads "Our mission is to be a leader in the distribution and merchandising of food, pharmacy, health and personal care items, seasonal merchandise, and related products and services." To achieve this mission or vision, Kroger has six values it encourages each employee to possess. These values are honesty, integrity, respect for others, diversity, safety and inclusion. (www.retailindustry.about.com, 2015).
SWOT analysis is a crucial tool that helps organizations identify their internal strengths and weaknesses, along with external opportunities and threats. By thoroughly analyzing these factors, organizations can develop effective strategies to achieve their goals. In a SWOT analysis, strengths and weaknesses are internal factors that organizations can control, while opportunities and threats are external factors that they have little control over. This essay aims to analyze Athlete's Warehouse using a SWOT analysis. Athlete's Warehouse is a well-known athletic apparel and footwear retailer that has been operating in the market for several years.
Also by reducing the wait time and offering more sales assistance, this action will improve customer service and survey scores. Brief Company Background Walgreens Boots Alliance, started as Walgreen in 1901. Opened by Charles Walgreen in Cedar Grove, Chicago it started as a pharmacy and malt shop
Kroger Co. also operated, through its subsidiaries, 784 convenience stores, 323 fine jewelry stores and an online retailer. Their fiscal
In the business world, it is important to understand the internal and external factors that can affect a company's success. One tool used to analyze these factors is the SWOT analysis, which identifies a company's strengths, weaknesses, opportunities and threats. In an analysis of SWOT, the strengths and weaknesses are internal, so the company has more control over these factors. The opportunities and threats, on the other hand, are external, meaning that the company has little to no control over them. In this paper, I will conduct a SWOT analysis of Athlete's Warehouse (A), a sporting goods retailer.
And achieve as a result, the growth for its brand, market share, and sales
Menu Burger king believed that its strength was in its menu which targeted only a certain section of consumers and realised that it had to make changes to be able to compete with its close competitors. It introduced 21 new and improved menu items consisting of mango and strawberry-banana smoothies, “Garden Fresh” salads, chicken wraps, mocha, crispy chicken strips, caramel frappes the expanded menu took cues from both McDonald’s and Starbucks. Earlier burgers kings target was young men with an appetite but with the changes in the menu it was able to attract a larger segment of the population include women, families and the health conscious. Burger king believe that its focus on their food will provide us the opportunity to meaningfully increase same store sales and margins. Marketing and communication Burger King 's main aims and objectives are to serve its customers with the bests meals and services a fast food company could possibly provide.