Variety store Essays

in 1992, Dollarama is one of the largest value retail stores in Canada. Presently, they employ over 13,000 employees and have more than 1000 locations across the country. Dollarama provides its customers with a variety of consumer products, general merchandise, and seasonal items. Its Customers are able to find a consistent shopping experience with affordable products in convenient locations. The company is the market leader in dollar stores, and are constantly seeking opportunities to expand. Some

Dollar Tree Stores is a domestic retailer that sells a variety of low cost items for $1.00 and is designed to capture the business of consumers who desire instant savings. Furthermore, Dollar Tree competes in the dollar store and low-end retail markets with the national chains Big Lots and Dollar General together with regional chains such as 99 Cents Only Stores, which was purchased by Dollar Tree, Fred's and many independent dollar stores nationwide, such as Dollar General and Family Dollar. Also

Background Dollar Tree is a variety store that sells goods for 1.00 or less. This concept was first introduced over 60 years ago by K.R. Perry and Ben Franklin in Wards Corner, Norfolk, Virginia. The concept was passed on to Doug Perry (the son of K.R. Perry) and Ray Compton’s adventure into 1.00 retailing. These retail stores specialize in their own brand and provide a large selection of products. The stores offer soap, health and beauty aids, snacks, food, and pet products. Dollar Tree is also

Dollar Tree is an organization that sells a variety of goods priced at one dollar. For a dollar, consumers are able to purchase a wide assortment of general goods. Such as food, toys, housewares, cleaning supplies, health and beauty aids, hardware, books, stationery, paper products, and other consumer items. Initially, Dollar Tree was known as a toy store. It wasn’t until 1986, three men, J. Douglas Perry, Macon F. Brock Jr., and H. Ray Compton decided to open “Only One Dollar, Inc.”. In 1991, the

attracted many new customers to its stores when consumer sentiment fell. The company’s revenue is anticipated to grow at an average annual rate of 9.5%over the five years to fiscal 2016. In fiscal 2016, IBISWorld estimates that company revenue will increase 9.3% to $20.6 billion. The company’s focus on value-conscious customers drove much of its growth over the period; as unemployment soared, consumers sought new ways to save, including shopping at dollar stores for household necessities, particularly

Tree Inc. The Dollar Tree the store that’s taking the value of a dollar to a whole new level. Dollar Tree products all of their products for a single dollar or less. The company is constantly growing and devising new ways to provide more products for only a dollar. Dollar Tree has never seen a year without profit in its existence. Dollar Tree the company that truly knows the value of a dollar. Dollar Tree begins its humble history as a Benjamin Franklin variety store that was created in Norfolk Virginia

Executive Summary The Dollar Store is a start-up retail store in Bend, Oregon that provides interesting merchandise options at bargain prices. Financing will come from the private investments of owners Ted Brinkman and Jim Spencer. They will donate equity that will be cleared at the end of 36 months. Dividends will be paid quarterly on the outstanding equity. The Dollar Store will be incorporated as an LLC corporation. This will shield the owners from issues of personal liability and double taxation

nationally the company’s strategy has been fairly straight forward. They strive to maintain a balance of products, variety, and value, through a minimal footprint. Stores are located in small towns, big cities and everywhere in between. Most often found in strip malls and surrounded by other successful complimentary businesses, they are contained within 8,000 to 10,000 square feet. Integrating

Family Dollar’s has many advantages and disadvantages with respect to competition from conventional supermarkets and box stores. One major advantages is that the Family Dollar stores are smaller in square footage than conventional supermarkets which makes them more convenient for quick purchases. Although smaller in size, the displays are laid out in a way that promotes impulse purchases. The items that are carried by Family Dollar are priced lower than conventional supermarkets which attracts price

Dollar General – Varied Variety Chain of Supermarkets in US Dollar General is amongst the largest discount retailers in the United States by number of stores. It has over 12,575 stores located in 43 states. They offer a broad selection of merchandise, including consumables, seasonal, home products and apparel. With all its hard work, it is emerging as a key force that is changing the landscape of variety retailing within the country. The headquarters of the company is at Goodlettsville, Tennessee

attractiveness and wider spread locations are the main strength, since the company owns almost 12,400 stores in major states (Dollar General Corporation pp. 13). • The firm acquires average higher revenues of almost $15.675 billion and net income of $678.985 million (Dollar General Corporation pp. 24). • The company employs 89,890 who offers services to the clients. • The company stocks, variety of products on its shelves and not all of them are sold for a dollar as implied by the name. However,

that dollar tree stores should not have off name products. I say this because it puts the original product in a state of bankrupt. To prove my point there is an article that says that the off name brands are the exact same thing just in a different package. “The security of buying a name brand product may cost you a little extra, but is it worth it when the generic or store brand version.” So this proves that the off name brands are copyrighting the original product. Dollar tree stores do have name brands

Dollar Tree, Inc. and its growth as a business, one must look at the inception of the business. K.R. Perry opened a Ben Franklin store in Norfolk, Virginia in 1953, which later was renamed K&K 5&10. In 1970, Macon Brock, Doug Perry, and K.R. Perry started K&K Toys, also in Norfolk. The toy store expanded and there were over 130 stores on the East coast. The K&K 5&10 solo store stayed in business and became the basis for what is now known as Dollar Tree. In 1986, Macon Brock, Doug Perry, and Ray Compton

Cole International is a customs brokerage firm who offers brokerage services, freight forwarding and trade consulting services. It was founded in Thunder Bay, Ontario and originally named Cole McCubbin Limited. The company began its primary activity in the late 1930s with the establishment of branch offices. The Organization also engaged in the acquisition of other firms to position themselves as one of the largest private-owned customs brokerage companies in the World (www.coleintl.com, 2015).

partnership with Amazon Fresh and Prime Now across all GBUs. Katie executed ‘first ever’ strategic programs on Amazon which included a One Stop Shop Health Care Landing Page, the Amazon Wellness Pilot with United Health Care, participation in FSA store and Sampling. In this role Katie collaborated across internal stakeholders, including Marketing, Customer Strategy, Supply Chain and Finance to develop eCommerce strategies and partner for growth. Katie graduated from La Salle University in 2012

the 14,000 Dollar General stores an easy stop for many, if not all, products a family needs. From the beginning, a small general store operated by Cal and J.L. Turner in Springfield, Kentucky operated focusing on friendly customer service, affordability, and hard work, aspects that are still held in great respect for the modern corporation (DG History). Today, Dollar General prides itself for “Serving others.” Additionally stating, “We build and run convenient-sized stores to deliver everyday low prices

While the Dollar Tree was a valiant contender, it continued to lag behind Dollar General the former frontrunner of the industry. The Dollar Tree took extreme actions when it elected to purchase its higher price competitor Family Dollar which could result in enormous gains in the future or a destructive outcome (Gustafson, 2015). The ability of Dollar Tree to distinguish itself in the industry and outshine successful operations like Dollar General will be its ability to capture the synergy from the

by the continuous buyout of firms that give them a competitive advantage and investing in technology. One of the main strategies that have led to the growth of the business is that Dollar Tree has been able to acquire other stores giving it a competitive edge. Acquiring stores instead of setting up one is one of the risk-free methods of market entry. Buying an existing business is profitable as it the new firm absorbs customers from the previous company. This should allow them the company to not spend

Central American Retail Sourcing (CARS). In addition, It also has operations in Latin America through a multi-point chain called Dollar City, a value retailer that offers an assortment of general merchandise, consumable products and seasonal items in stores located in El Salvador, Guatemala, Peru, and Colombia. Dollarama

the country, boasting over 14,000 stores nationally, and a five-year trend of increasing revenue (General, 2018). Their strategies align with their mission statement of putting the customers, associtates, and communities in the center of their business model. Aimed at increasing their market share, Dollar General plans to undertake a 2,000 store project which inlcudes the addition of new stores, remodeling of mature locations, and relocation of exisitng stores, all in 2018 (General, 2018). Alongside