Trader Joe's Competitive Strategies

The substitute threat and brand name items are concern for Trader Joe’s and competitive advantage. Brand loyalty is a concern of other competitors but Trader Joe’s. Having no brand products can become a strategic

In the wake of the financial crisis of 2008, many department stores struggled and were still able to remain in business while other department stores could not keep afloat and had to close their doors. By the end of 2008 the world 's major economies were in recession. This led to almost two million jobs lost in the U.S. This also resulted in the rate of unemployment rising to 7.2%. Due to the huge amount of layoffs taking place, the monthly income of families were dropping causing for dramatic cutbacks in consumer spending.

Kraft also risks not having strong consumer reception to the single serve coffee, by waiting for the U.S. results first Herzog minimizes his risk. Kraft also faces threats in its distribution method, if it chooses direct-to-store-delivery (DSD) and sales increased in the future it might not be able to sustain this method due to distribution space and truck fleet

Unfortunately to build the value chain we would need a more thorough investigation on the TJ’s processes and arrangements. In my opinion to make the proper investigation of the resources gaps and missed capabilities it is required to be very familiar with the company’s organizational aspects and business process. But due to the fact the company does not publish any investor reports and is has never gone public (Stock Exchange or Private equity funding). In my opinion the Porter’s tool such as Value chain analysis in this case has disadvantages comparing to Grant’s simple approach to resource management and strategic planning. According to Barney (1991), a firm can be said to possess competitive advantage when it achieves superior performance over its competitors by implementing a value-creating strategy that is not simultaneously being implemented by a competitor.

Like most companies, Tyson Foods is not invulnerable to threats from other companies or external elements that the company can’t control. The company has not been able to tackle the challenges present by the new entrants in the segment and has lost small market share in the niche categories. Tyson Foods has to build internal feedback mechanism directly from sales team on ground to counter these challenges. Financial planning is done improperly and inefficiently. The current asset ratio and liquid asset ratios suggest that the company can use the cash more efficiently than what it is doing at present.

Although Beyond the Bean offers a unique selling proposition, it currently has no position in the social entertainment market. Tight competition with Fleetway and Palasad North has exhibited the importance of creating strong marketing strategies that focus on improving brand positioning, a main competitive differentiation tool. If Beyond the Bean continues to disregard the tasks of selecting and defining its target market, they will not only be wasting their resources, but also jeopardize their company’s long term viability and growth. This will ultimately lead to consumers choosing competitors’ products as their businesses have clearly conveyed their offerings to their target audience. In order to address all of these concerns, the business

The threat of substitutes is perhaps the biggest one Verizon faces. The company would argue that service from AT&T, T-Mobile or Sprint is not a perfect substitute for Verizon service, as these companies offer less extensive coverage and, according to consumer surveys, inferior customer service. However, the chasm is narrowing between Verizon 's network and those offered by competitors, and lower prices are a constant looming temptation for Verizon

He proposed to offer more interesting products, from lines like Martha Stewart and Joe Fresh, at reasonable prices all the time. But the change in pricing occurred with merchandise that was already in stores and that customers were used to, rather than on brand-new merchandise. The approach didn’t fare well with Penney’s customer base of bargain hunters. They rebelled, traffic declined, sales fell and Penney slowly returned to the prior era of pricing, with lots of promotions, lots of price-focused ads, and marked-up prices that would be later marked down(Kinicki & Williams, 2013).

Walgreen: • The number of acquisitions is not so high and it depends more upon the organic expansion. • These pharmacies face informative and predictable risk from the variability of “generic conversion” • Inability of the company to keep stride with the growing private labeled brands popularity. • The in-store implementation of the store formats and services is not consistent at every

Due to internal reverse factor in the market is not growing so are the negative side. the internal factor is not in favor of the company due to fashion and change. Funding is also a major problem. Despite this talk about the external factor and here we can see that there are many competitors in the market otherwise. Example puma sneakers launch.

Persky founded that every mile closer to the Supercenter, 6 percent more stores are closed. The closer around the store’s location the higher the chance of closure between 35 and 60 percent. Depending on the brand of business, the impact of a Wal-Mart can be worse. Persky said that per mile closure rate increased for drugstore, home furnishing, hardware, and toys about 20 percent. Persky research shows that the overall sales tax revenue was down before Wal-Mart opened and continue to decline after the store was established in Chicago.