Walmart carries everything and anything. They sell small things like groceries, all the way up to higher ticket items like T.V.s. They even sell firearms. Walmart has somewhere around 1.2 million associates all the way up to corporate. They have consistently hired 600,000 employees each year (Walmart at a Glance).
Nordstrom distinguishes itself from other retailers by positioning itself as an upscale fashion store with outstanding customer service, and its multichannel approach. Many of the same clothes offered by Nordstrom can be purchased elsewhere for less money. However, Nordstrom knows that you can’t get the same level of customer service anywhere else, and people are willing to pay more
Berlin Airlift The Berlin Airlift began when the Soviet Union built a blockade preventing supply transportation and forced the Americans to begin the Berlin Airlift. East Berlin was controlled by the communists and West Berlin was controlled by the U.S and supported by the Western Powers. The Soviet Union was concerned because it’s East Germans were fleeing to the new democratic West Berlin. In order to stop any more from leaving, Stalin completely isolated Berlin with large iron walls called the Berlin Wall- also referred to as the Iron Curtain. Now that The Berliners were isolated from the world, they couldn’t get any supplies and the sectors only had enough coal to last 45 days and food to last just 36 days.
There was no food for Lenin’s Red Army and with a civil war on his doorstep he needed to keep his troops strong and healthy. Therefore he introduced the theory of War Communism, in order to keep his army stronger by funnelling all resources from the agricultural and industrial sectors directly into his army. However the people of Russia did not take a liking to Lenin’s implementation of war communism and so began the riots. But in the end it was the NEP that brought Russia out of its crash, and this was not seen as communism. In March of 1917 over 200 000 workers went on strike to over throw the Tsar.
Each of their brands offer a different or unique factor that attracts specific consumers and their needs. Rivalry in the department store business is high because of their current competitors and new ones emerging online. A threat of a new entrants is low due to a high amount of investment required. Because Macy’s is just a store that sells various products, the treat of substitute is high because consumers can get the same products elsewhere. Macy’s two main weaknesses include a slow growth on their return on investment and the high volume of employee
Finally, customer service is a major factor in any business, especially in such a demanding company like these two. The two companies have great deals and unbeatable prices. In this case is Walmart, Walmart has the cheapest prices in the market. Walmart is known to have the “lowest prices” that is why it is rare to see items
Their prices on petroleum allow them to be a substantial substitute in the industry because of the low switching costs. Consumers are also able to go to other quick service restaurants that either stand alone or operate in another convenient store. Bargaining Power of Suppliers The bargaining power of suppliers is high because the industry is heavily controlled and the products that are needed are imperative to the company’s operations. The Pantry’s use of forward integration contributes to this bargaining power. They receive much of their in-store goods from Budweiser, Frito Lay, and Coca-Cola, who in turn provides delivery services directly to stores.
I have been racially profiled at a few stores, but continued to make my purchase. I have never came across a situation as this one where I felt so uncomfortable that I just had to leave without making a purchase which probably looks more suspicious. I can not believe it is 2017 and this is still a problem, I can not believe that a company that pushes living colorfully would hire employees like
They need enforced distinctive cost-saving methods in their production, operations, and selling that have allowed them to draw in the foremost affluent customers in discount selling. The central focus of their business model turned around high sales volumes and fast inventory turnover by giving fee-paying members beautifully low
Amazon’s competitive strategy is cost leadership. Amazon has achieved a lot on a great scale that it gets the best prices from its vendors so they can operate in very flexible and thin margins and sell their items easily at retail prices and make money. They also provide shipping products for a reasonable cheap price. They also have improved their warehouses by giving some space to other sellers who want to sell their items through Amazon. They differentiate and provide better quality than their competitors across the industry.