...Strategic Audit of Lowe’s Companies, Inc. | Explore Page 1 of 70 Home Blog Contact Site Map Explore Learn. Live. Share. http://www.jacobcamp.com/2011/05/29/strategic-audit-of-lowes-companies-inc/ 5/25/2012 Strategic Audit of Lowe’s Companies, Inc. | Explore Page 2 of 70 Strategic Audit of Lowe’s Companies, I May 29, 2011 | Business Development,ERP,General Business Home » Blog » General Business » Business Development » Strategic Audit of Lowe’s Companies, In Click for PDF: Lowe’s U.S. Strategic Audit Spring 2011 Lowe’s Company, Incorporated is a home improvement retailer that has stores throughout the Unit following report is a student strategic audit for Mike Anderson’s strategic management course at th undergraduate student project team was composed of the following people: Keelie Cox, Alicia Kelly Wu, and myself (Jacob Camp) I. Executive Summary This report critically overviews the U.S. Division of Lowe’s Company, Incorporated. The purpose of accurate and current representation of Lowe’s through research using a variety of sources, method statements, recommendations, or opinions offered herein are only perspectives from the respective state that these aforementioned statements will come to fruition. The current operations, performance, and policies of Lowe’s will most certainly lead the company t the fortunate position to avert disaster. A note of exceptionally good news is that Lowe’s was evalu with a probability...
Words: 15721 - Pages: 63
...Analysis of The Home Depot By: The CPT Consulting Group 10-3-11 CPT Consulting Group Table of Contents I. Introduction II. Board of Directors and Corporate Governance III. WACC and Capital Structure IV. Degree of Operating leverage V. Dividends VI. Conclusions VII. Appendix I. Introduction The Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank. The home depot Inc., collectively with its subsidiaries, operates as a home improvement retailer. The company sells a wide variety of building materials, home improvement products, and lawn and garden products for the do-it-your-self customer, the do-it-for-me customer, and the professional customer. Today The Home Depot provides installation options for: carpeting, tile flooring, cabinets, water heaters, furnaces, and central air systems to name a few. The founders’ originally had a vision of a one stop shopping store for the do-it–your- self customer, and later went on to expand the business into the do-it-for-me customer. Mr. Marcus and Mr. Blank opened the first Home Depot store on June 22, 1979 in Atlanta, Georgia. In 1981, the company went public on NASDAQ and moved to the New York Stock Exchange (NYSE:HD) in 1984. The Home Depot, Inc. is the world's largest home improvement specialty retailer and the fourth largest retailer in the United States with fiscal 2010 retail sales of $68.0 billion and earnings from continuing operations of $3.3 billion. The Home Depot has...
Words: 2931 - Pages: 12
...Results People Strategy The GROCERY MANUFACTURERS ASSOCIATION (GMA) represents the world’s leading branded food, beverage and consumer products companies. Since 1908, GMA has been an advocate for its members on public policy issues and has championed initiatives to increase industrywide productivity and growth. GMA member companies employ more than 2.5 million workers in all 50 states and account for more than $680 billion in sales. The association is led by a board of member company chief executives. For more information, visit the GMA Web site at www.gmabrands.com. The FOOD MARKETING INSTITUTE (FMI) conducts programs in research, education, industry relations and public affairs on behalf of its 1,500 member companies — food retailers and wholesalers — in the United States and around the world. FMI’s U.S. members operate approximately 26,000 retail food stores with a combined annual sales volume of $340 billion — three-quarters of all food retail store sales in the United States. FMI’s retail membership is composed of large multi-store chains, regional firms and independent supermarkets. Its international membership includes 200 companies from 50 countries. For more information, visit the FMI Web site at www.fmi.org. WEGMANS FOOD MARKETS, INC. is a 71-store supermarket chain with stores in New York, Pennsylvania, New Jersey, Virginia, and Maryland. The family-owned company, founded in 1916, is recognized as an industry leader and innovator. Wegmans has been named...
Words: 7570 - Pages: 31
...Sivana 1310055630 A.K.M.Mustansir Billah Fuad 1211236030 Prepared For Israt Jahan Linda (IJL) LECTURER NORTH SOUTH UNIVERSITY DATE: 4th December, 2015 2 Serial No Content 01 Introduction, Brand audit objectives, scope, and approach 02 Background about the brand (self-analysis) 03 Background about the industry 04 Consumer analysis 05 Brand inventory 06 Elements, current marketing programs 07 POPs, PODs 08 Branding strategies 09 Brand portfolio analysis 10 Competitors’ brand inventory 11 SWOT analysis 12 Brand exploratory 13 Brand associations, Mental Map 14 Brand positioning analysis 15 Consumer perceptions analysis (vs. competition 16 The Customer-based Brand Equity Pyramid (CBBE) 17 Summary of competitor analysis 18 Brand equity evaluation 19 Strategic brand management recommendations and 20 conclusion 3 A brand audit is a thorough examination of a brand’s current position in the market compared to its competitors and a review of its effectiveness. It helps you determine the strength of the brand together with its weaknesses or inconsistencies and opportunities for improvement and new developments. A brand audit is effectively a health check of the brand to identify and address problems areas with a net result of helping the brand turn things around and grow its bottom line. Brands are like living entities with life cycles. PBL...
Words: 2136 - Pages: 9
...Green Supply Chain Management Environment Management Project Group Members: Smruti Ranjan Dora F016 Ishan Mittal F036 Deepankar Mukherjee F037 Pratik Nandekar F040 Akash Pandey F044 Kriti Talwar F064 Contents 1. INTRODUCTION ....................................................................................................................................... 3 2. Globalization and Greening the Supply Chain: ....................................................................................... 3 3. Marks and Spencer ................................................................................................................................. 4 3.1 Background ......................................................................................................................................... 4 3.2 Supply Chain Understanding ............................................................................................................... 4 (i) Issues ................................................................................................................................................. 4 3.3 Drivers for GSCM................................................................................................................................. 5 (i) ‘Brand Trust’ ...................................................................................................................................... 5 (ii) Operating Cost........................................................
Words: 3568 - Pages: 15
...Annual Report Analysis On Home Depot, Inc. DeVry University Intermediate Accounting Introduction Home Depot, Inc., founded in 1978 by Bernie Marcus and Arthur Blank, decided to team up with investment banker Ken Langone and merchandising guru Pat Farah ultimately became the visionaries for the one-stop-shop do-it-yourself store which today has become a very lucrative business bring the vision to fruition. The Home Depot is the world’s largest home improvement retailer based upon reported $4.5billion in net sales for the fiscal year 2012. Home Depot has more than 2,200 locations throughout the United States and now has expanded across the globe with stores located in territories of the U.S. Virgin Island, Guam, Canada, Puerto Rico, Mexico and reaching as far as China. Stores averaging 105,000 square feet with approximately 23,000 additional square feet outside garden area; inventory consist up to 40,000 different kinds of building materials, home improvement supplies and equipment to also include appliances along with lawn and garden products and equipment for just about every imaginable project need. Home Depot offers competitive prices with a guarantee they can beat anyone’s advertised specials. Among other offers, Home Depot offers home services such as contractor services, home services, free “how-to-clinics” and a free children’s “how-to-clinic” offering ideas that can range from simple to complex ideas. Report I Reporting and Auditors Financial statements...
Words: 1307 - Pages: 6
...Lowe’s Company Lowe's Company is a publicly traded company and is listed on the New York Stock Exchange. Lowe's is the world's second largest home improvement retailer operating stores in the United States, Mexico and Canada (second to Home Depot). Lowe's operates more than 1,700 stores. The Company offers approximately 40,000 products in a line of home decorating, maintenance, repair, remodeling and property maintenance products and services. Lowe's has been helping our customers improve the places they call home for more than 60 years. Founded in 1946, Lowe’s has grown from a small hardware store to the second-largest home improvement retailer worldwide. Lowe's ranked 54 on the FORTUNE 500 list, two-time winner of the ENERGY STAR Sustained Excellence Award in Retail, contributed more than $32 million to schools and community organizations and Best Employers for Healthy Lifestyles Award, Platinum Winner. In 2010, Lowe's and Lowe's Charitable and Educational Foundation supported more than 3,100 community and education projects in the United States, Canada and Mexico through grants totaling more than $30 million. Lowe’s take a collaborative approach to improving the communities they serve. Lowe’s believe they can make the most progress through partnerships. They partnered with 15 major nonprofit organizations in 2010. With Lowe's recent expansion to Mexico and from eastern to western Canada, they continue to build new relationships that will help serve the...
Words: 2005 - Pages: 9
...Primark and Ethical Business Introduction Primark the leading clothing retailer Rapid changes in media, transport and communications technology have made the world economy more interconnected now than in any previous period of history. Nowhere is this more evident than in the world of textile manufacture and clothing distribution. Consumers want fashionable clothes at affordable prices. Much of high street fashion is produced in various countries across the world. Businesses source clothes from countries like India, China, Bangladesh and Turkey because of lower material and labour costs in these countries. In order to meet consumer demand, Primark works with manufacturers around the world. Primark is part of Associated British Foods (ABF), a diversified international food, ingredients and retail group. Primark has almost 200 stores across Ireland, the UK, Spain, Netherlands, Germany, Belgium and Portugal. Primark’s annual turnover accounts for a significant proportion of ABF”s revenues and profit. Primark’s target customer is fashion-conscious and wants value for money. Primark can offer value for money by: • Sourcing products efficiently • Making clothes with simpler designs • Using local fabrics and trims • Focusing on the most popular sizes • Buying in volume • Not spending heavily on advertising. The largest Primark store is located on Market Street, Manchester, England. Some 100,000 sq ft (9,300 m2) of retail space is spread across its three floors. It took...
Words: 3874 - Pages: 16
...2.2 Financial Services Business 2.3 Seasonality of the Business 2.4 Intangible Properties 2.5 Economic Dependence 2.6 Lending 2.7 Financing of the Business 2.8 Risk Factors 2.9 Employees 2.10 Social and Environmental Policies General Development of the Business 3.1 Retail Business Developments 3.2 Financial Services Business Developments 3.3 Other Business Developments Capital Structure 4.1 Description of Capital Structure 4.2 Market for Securities Dividends Security Ratings Transfer Agents and Registrars Directors and Officers Interests of Experts 1 1 2 10 11 12 12 13 13 13 15 15 16 16 21 21 23 23 24 25 26 27 27 32 32 33 i 3. 4. 5. 6. 7. 8. 9. 10. Legal Proceedings and Regulatory Actions 11. Additional Information ANNEX A – Audit Committee Mandate and Charter Certain brands mentioned in this report are the trade-marks of Canadian Tire Corporation, Limited, Mark’s Work Wearhouse Ltd., FGL Sports Ltd. or used under license. Others are the property of their respective owners. CAUTIONARY NOTE REGARDING FORWARD LOOKING INFORMATION This Annual Information Form, and the documents incorporated by reference herein, contain forward-looking information that reflects management’s current expectations related to matters such as future financial performance and operating results of the Company. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans and allowing investors and others to get a better...
Words: 26763 - Pages: 108
...Q1- Top 4 Business Risks 1. Economic recession and subdued consumer confidence Due to the intense economic environment, the restricted overall consuming ability and anticipative high unemployment rate have imposed an adverse impact on consumer demand. In addition, the Australian dollar depreciated 16% percent against the United States Dollar in 2013, thus the purchase power of consumer would decline. The Australian economic prospect is likely to remain weaker as economy would adjust to higher levels of inflation and commodity prices. 2. High market competition The market in which JB Hi-Fi (JBH) operates is a mature industry, thus severe competition exists, due to the high degree of similarity, between JBH and other retailers, such as Harvey Norman, Dick Smith and The Good Guys. Although, JBH has maintained its market leading position, its ability to gain may be limited when other competitors take actions to fight for market shares, for example, JBH experienced high level of unstable discounting in the 2012 financial year. 3. Over-reliance on certain suppliers or products Diversity and innovation are highly valued in JBH, which are embodied in the way that JBH doing business. Nevertheless, evidence shows that, during the financial year of 2013, there was over-reliance on certain suppliers or products, which is not vital for the business development if the company continues following this approach. 4. E-commerce JBH is taking the advent of e-commerce with...
Words: 2539 - Pages: 11
...CASESuper Electronics, Inc.: Financial Reporting of Sales Incentives and Vendor Allowances | Company Overview Super Electronics, Inc. (SE or the Company) is a regional specialty retailer of consumer electronics, home office products, entertainment software, appliances, and related services. The Company has committed to the goals of growth and innovation ever since its incorporation in 1990. It was among the first few large retailers to sell emerging electronics items such as digital cameras, camcorders, flat-panel televisions, and GPS navigation systems to the mass market. SE provides extensive training about the new products to its sales associates so that they can make it easier for even the least technologically savvy customer to try newer electronic gadgets. In the last decade, the Company has focused not only on increasing the sales of electronic products but also on capturing a significant share of the electronics installation market. SE services products purchased from its stores as well as from other retail or online outlets. The Company's reputation for large attractive stores, technical assistance for product selection, and expert installation and repair services has enabled it to achieve double-digit growth in revenues and a number of stores over the last several years. In 1999, SE launched an e-commerce site that sells a full range of the Company's products. Performance Compared to other firms in the specialty retailing industry, SE has demonstrated above-average...
Words: 3058 - Pages: 13
...Case Study On Dollar General Corporation Prepared For Tanvir H Dewan Faculty of CBA Prepared By Team Name: Dream Land |No |Name |ID |Program | |1 |Shohagi Akter |10202008 |BBA | |2 |Umma Kulsum |10202011 |BBA | |3 |Mehedi Hasan |10202050 |BBA | |4 |Roma Akter |10202073 |BBA | |5 |Sarder Arif |10202074 |BBA | |6 |Shamsun Nahar Shamu |10202088 |BBA | IUBAT - International University of Business Agriculture and Technology Date of submission May15, 2012 l. Current Situation: A. Current Performance: The management of Dollar General announced its 2011 expansion plan for the company on Jan 06, 2011.Dollar General recently announced plans to open stores in Colorado. In addition the company intended...
Words: 1479 - Pages: 6
...increase trust on market place. Also it motivates the workers to be loyal. Finding ethical suppliers can be costly, difficulties in managing, consumes time and need extra staff. Contract and subcontracts are made with suppliers who are responsible and serious to licenses, labour management, health and safety conditions. Choosing suppliers involves the below principles: * Employment of appropriate workers * Workplace safety * Pay and hours * Respect for individuals * Environmental standards * Ethical standards * Trade unions * Inspection requirements Supplier should be transparent and ready share all kind of information with the company. Frequent audit needs to be done to maintain the standards. consequently we believe we have a responsibility to support our home agricultural economies and to help rural communities to thrive. Consumers expect factory-prepared and packaged food always to be perfectly safe to eat. All food producers know that to deliver this mandatory standard requires complex technical skills and disciplines, minute attention to detail, and assiduous scrutiny and checking. We expect the highest standards of our suppliers, all of whom are audited against robust and comprehensive benchmarks on the quality of their products and the good practice of their businesses. Our programme of continually raising the bar on standards is achieved in part by consolidating our supplier base, focusing increasingly on those suppliers...
Words: 1004 - Pages: 5
...1 Summary of Mr Price Group Mr Price Group, South Africa, was established in 1987, however its roots date back to 1885 since the days of John Orrs. The main business is to sell clothing, footwear, sportswear, sporting goods, accessories and homeware. The group is recognised as a “Fashion Value Retailer” and consists of the following stores: Mr Price Mr Price Sport Mr Price Home Miladys Sheet Street The Group is recognised as one of the fastest growing retailers in South Africa. Their turnover is in excess of R10bn across their 937 stores within Southern Africa. They also have another 24 franchised stores within Africa. Their main focus is categorized into three main segments namely: Apparel segment, retails footwear, sportswear,...
Words: 1109 - Pages: 5
...Preliminary Audit Plan for Best Buy Co., Inc. OBJECTIVES OF THE ENGAGEMENT Audit of the financial statements of Best Buy Co., Inc. for the year ended March 3rd, 2012. BUSINESS AND INDUSTRY CONDITIONS Best Buy is a multinational retailer of consumer electronics, computing and mobile phone products, entertainment products, appliances, and related services. The company operates retail stores and call centers and conducts online retail operations under a variety of brand names such as Best Buy, Best Buy Mobile, The Carphone Warehouse, Five Star, Future Shop, Geek Squad, Magnolia Audio Video, Pacific Sales, and The Phone House (Bestbuy.com, 4). The domestic segment consists of all operations within the United States, while the international segment includes all operations in Canada, Europe, Mexico, and China. During the 2012 fiscal year the domestic segment opened 135 new stores and closed five. The international segment 219 stores and closed 119 stores. Best Buy expects to see a reduction in the number of large-format stores and the square footage for those stores, and an increase in the growth of small-format Best Buy Mobile stores (Bestbuy.com, 5). The Best Buy's success is contingent on the market's demand for electronics. new products The company's strategy is to provide good customer service combined with lower prices (news.cnet.com). Best Buy's success is directly related to economic conditions, the cost of goods, and fuel prices, to name a few. The company's strategy...
Words: 2084 - Pages: 9
