...Let’s Take this Private: Linens’n Things versus Bed Bath & Beyond 1. Assume that you are Robert DiNicola, CEO of Linen’n things, what specific competitive strategy and implementation plan would you take to turn around LNT？ * improve supply chain, lower their cost * Improve online store, online shopping * Differentiation strategy * Globalization. They can seek international partner to expand their business * Learning the successful experiences from Bed Bath & Beyond 2. Will DiNicola’s effort to turn around LNT be aided or hindered by changing economic and industry conditions (show your macro environment and industry analysis？ Be aided * Industry consolidation. Business environment becomes less favorable. It’s good for LNT to turn around based on the big scope and the existed structure. * Integrate internet. It’s good for LNT to build the online store * Globalization of the fashion. It’s good for LNT because of their differentiated products. Be hindered: * Slow increasing rate with intensely competition. The maturity of the U.S. market. * Industry consolidation makes the large companies stronger, but LNT fall behind some big companies like BBBY. So it’s hard to catch up. * Financial crisis. * Government policies affect the industry performance. e.g. interest rate adjustment. High interest rate, low purchase. 3. How had Bed Bath & Beyond come to surpass Linens’n Thins over time despite its similar...
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...Short Gases ASE 1: BED BATH & BEYOND,S PLAN FOH cRowrHc-t Bed Bath & Beyond (BB&8, www.bedbathandbeyond.com), the power retailer of domestics and home furnishings, has annual sales of $7 billion and a net income of $562 million. The firm's profitability can be explained by its increasing gross profit margins at the same time it decreases selling, general, and administrative (SG&A) expenses as a percent of sales. BB&B is able to increase its gross profit margins due to its excellent atmosphere, wide assortments, and a deep variety within most merchandise lines. Its control over SG&A expenses is partly due to the outsourcing of its dishibution centers to a third party. BB&B has opened hundreds of stores over the last few years, ranging in size from 30,000 to 80,000 square feet. Because it uses a flexible real-estate strategy, BB&B is able to stood by the shopper as she decided whether to purchase the set and even had the dishes brought to a nearby checkout so that the shopper could continue buying at the store. The sales clerk then met the shopper at the checkout to facilitate the transaction. In 2008, BB&B was tied for second place in an annual study of the top "20 Most Competitive Retailers" in the United States. The study, conducted by Capgemini (www.capgemini. com) and W Ratings Corporation (wwwwratings.com), measured the ability of retailErs to beat consumer expectations and deliver superior profitability. Each firm's rankings were based on ib profits over the prior...
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...On July 23, 2010 at approximately 2040 hours, I (Vincent Mendez) Security Officer was sent to asst. with Officer Andrew Kent to Shemoni Jewelry regarding a shoplifting in progress. We were advised from dispatch to help an employee from Shemoni Jewelry who witnesses one of the three males steal diamond earrings. The employee also advised one of the three suspects to stop and come back into the store. At that time the three males laughed at the employee and began speed walking away from Shemoni Jewelry. The employee then followed the three Hispanic males into Bed Bath and Beyond. I arrived at approximately 2045 hours after Officer Andrew Kent and Officer Robert Lopez were already talking to the three males. I then saw one of the three suspects (Alvarez) physically push Officer Kent and then attempt to walk towards the exterior exit out of Bed Bath and Beyond toward the parking lot. At this time officer Kent told Alvarez, don’t push me and that he needed to go back to Shemoni Jewelry or we have to call Ontario Police Department. Alvarez again physically pushed Officer Andrew Kent. I felt he needed to be handcuff because of his violent act and I did not want Alvarez to go further with his behavior and try to harm anyone else. At this time I grabbed Alvarez and took him to the ground to handcuff him. Officer Kent and I placed Alvarez into custody. Shemoni Jewelry employee witnessed Alvarez push Officer Andrew Kent several times. I heard Officer Andrew Kent sternly say to Alvarez...
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...nationwide chain of 575 retail stores selling domestics merchandise (bed linens, bath items, and kitchen textiles) and home furnishings (kitchen and tabletop items, small appliances, and basic house wares). In 2003 Bed Bath and Beyond reported annual revenues (gross profit) of approximately $1.8 billion, net income of $339 million and net sales of $4.5 billion, representing 22% growth in revenue and 32% growth in income as compared to the previous year. In addition to the 575 Bed Bath and Beyond stores, BBBY also owns 30 Harmon Stores, a discount health, and beauty aid retailer, and 24 Christmas Tree Shops, a retailer of home décor, giftware, and seasonal merchandise. Results of operations for both the Harmon Stores and the Christmas Tree Shops are included in the companies consolidated results of operations and have been since the date of acquisition. Bed Bath and Beyond is currently the largest superstore domestics retailer, although their market share is only 4%. Competitors like Target, Wal-Mart and JC Penney offer a wider variety of merchandise such as apparel and electronics. Since 2002 growth has been a result of acquiring the Christmas Tree Shops and the Harmon Stores. In addition BBBY believes that their product offerings, customer service and advertising program have contributed to the company's financial success. Business risk in the case of BBBY is low if you only consider that the products they sell are produced by name brand companies, so any products needing...
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...II Bed Bath & Beyond Inc. Nasdaq: BBBY Dow Jones Indus: 16,321.71 S&P 500: 1,859.45 Russell 2000: 1,183.03 Index Component: S&P 500 Initially Probed: Volume XXXVIII, Issue VII & VIII @ $69.77 Last Probed: Volume XXXIX, Issue XI & XII @ $76.52 Trigger: No Type of Situation: Business Value Price: Shares Outstanding (MM): Fully Diluted (MM): Average Daily Volume (MM): $ 67.82 209.7 212.3 (1.2%) 2.6 Market Cap (MM): Enterprise Value (MM): Percentage Closely Held: $ 14.2 $ 13.4 Insiders ~4% 52-Week High/Low: 5-Year High/Low: $ 80.82/56.37 $ 80.82/19.52 Trailing Twelve Months Price/Earnings: Price/Stated Book Value: 13.8x 3.4x Net Cash & Investments (MM): Upside to Estimate of Intrinsic Value: $ 781 Dividend: Yield: $ NA NA Net Revenue Per Share: LTM: 2012: 2011: 2010: $ $ $ $ Earnings Per Share: 2012: 2011: 2010: Overview Bed Bath & Beyond Inc. (“BBBY” or “the Company”) is a major operator within the retail sector. BBBY operates roughly 1,500 stores and employs approximately 57,000 people throughout North America, and the firm generates annual revenue of over $10 billion. The stores are primarily located in the U.S., and consist of the following brands: Bed Bath & Beyond, Christmas Tree Shops, Harmon, buybuy BABY, and Cost Plus World Market. BBBY’s product line includes a wide range of domestic merchandise and home furnishings. Examples of BBBY’s product assortment include bed linens...
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...NDU MAIN CAMPUS, ZOUK Graduate Division MRK 606 Project title: Case 1: BED BATH & BEYOND'S PLAN FOR GROWTH Submitted to: Dr. Elie Dibeh Prepared By Abdo Al Chammass Due date: 26-3-2012 1. Explain how Bed Bath and Beyond practices the retailing concept. Four principles form the retailing concept, and they are: 1. Customer orientation 2. Coordinated effort 3. Value driven 4. Goal orientation The first concept means communicate with the shoppers and view their desires and work at best to fulfill this desire, and that’s what the sales clerk at BB&B did when the shopper asked her where she could find a set of dishes listed on a bridal registry, the latter was the desire of the shopper. When the clerk immediately dropped what she was doing and located the dishes for the customer she fulfill the customer desire. The second concept talk about having a consistent strategy and integrates plan to maximize efficiency, and from BB&B point of view this could be translated by the high profitability resulted from consistent strategy to increase the gross profits margin and at the same time to decrease selling, general, and administrative expenses as percent of sales. Moreover plans integrations such as an excellent atmosphere, wide assortments, and a deep variety within most merchandise also lead to an increase in BB&B's gross profits margin. The third concept which is the value driven, as we know, value leads to customer satisfaction;...
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...item to store some wine and liquor that can easily be accessible without walking up and down the stairs. Therefore over the weekend I entered in the retail store Bed Bath & Beyond (BB&B) in search for a wine bar. BB&B is a chain of domestic merchandise retail stores across the US, Puerto Rico, Canada and even New Zealand. They primarily sell goods for the bedroom and bathroom but have expanded to the kitchen, dining room and seasonal items as well. Since its main competitor Linens ‘n Things liquidated, BB&B has few remaining retail competitors that include Wal-Mart, Target and of the smaller variety, Pier 1 Imports. Companies like Crate & Barrel and Williams Sonoma are also considered competitors but are more specialized and upscale than the merchandise sold at BB&B. After leaving the store with the wine bar that I was looking for and some observation of the store and its surrounds, I was able to reflect on what I noticed from an environments perspective. The first thing that is noticeable is how the store predominantly places its seasonal items, in this case Thanksgiving, right at the front entrance. Another very noticeable and convenient thing is how the products in the store are laid out. The products and sections flow very nicely from kitchen to dining, bedroom sets to bedding, and bath and bathroom accessories. It makes traveling the store and locating items fairly easy. Lastly, what is very noticeable about the environment is friendliness and accommodating...
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...Linen N Things Linens ’n Things Center, Inc. is a wholly owned subsidiary of Linens ’n Things, Inc. The Company and Linens ’n Things, Inc. are wholly owned subsidiaries of Linens Holding co. The Company is a specialty retailer of home textiles, housewares and home accessories in North America operating 589 stores in 47 United States and seven Canadian provinces as of December 29, 2007. The Company is a destination retailer, offering one of the selections of brand-name, as well as private label home furnishings merchandise in the industry. The Company’s average store size of approximately 33,000 gross square feet enables it to offer a more comprehensive product and brand selection than department stores and other retailers that sell home furnishings. The Company’s primary target guest is female between the ages of 25 and 55 who is fashion and brand conscious, has better income and focuses on the home as a reflection of her individuality. On the surface, LNT and BBBY companies were pursuing a similar business-level strategy of cost leadership, but key strategic decisions led them down quite different evolutionary paths. Both companies focused on providing consumers with high-quality houseware goods in a no-frills, value-priced environment, but LNT's decision to build centralized warehouses - seemingly consistent with a cost leadership strategy - ended up bringing it into direct competition with Target and Walmart. In contrast, BBBY allowed for greater decentralization in decision...
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...BACKGROUND HISTORY Bed bath and beyond Inc, incorporated on October 5,1971, is a retailer which operates under the names Bed bath and bb I. COMPANY BACKGROUND HISTORY Bed bath and beyond Inc, incorporated on October 5,1971, is a retailer which operates under the names Bed bath and bb I. COMPANY BACKGROUND HISTORY Bed bath and beyond Inc, incorporated on October 5,1971, is a retailer which operates under the names Bed bath and bb I. COMPANY BACKGROUND HISTORY Bed bath and beyond Inc, incorporated on October 5,1971, is a retailer which operates under the names Bed bath and bb I. COMPANY BACKGROUND HISTORY Bed bath and beyond Inc, incorporated on October 5,1971, is a retailer which operates under the names Bed bath and bb I. COMPANY BACKGROUND HISTORY Bed bath and beyond Inc, incorporated on October 5,1971, is a retailer which operates under the names Bed bath and bb I. COMPANY BACKGROUND HISTORY Bed bath and beyond Inc, incorporated on October 5,1971, is a retailer which operates under the names Bed bath and bb I. COMPANY BACKGROUND HISTORY Bed bath and beyond Inc, incorporated on October 5,1971, is a retailer which operates under the names Bed bath and bb I. COMPANY BACKGROUND HISTORY Bed bath and beyond Inc, incorporated on October 5,1971, is a retailer which operates under the names Bed bath and bb I. COMPANY BACKGROUND HISTORY Bed bath and beyond Inc, incorporated on October 5,1971, is a retailer which operates under the names Bed bath and bb I. COMPANY...
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...Bed Bath & Beyond was started in 1971 by founders Warren Eisenberg and Leonard Feinstein, who originally called it Bed 'n Bath and opened the first store in New Jersey. As per the name, it initially only sold items for the bedroom and bathroom. By 1985, it had expanded to 17 locations. Two years after that, the name was changed to Bed Bath & Beyond to reflect its full range of "domestic merchandise and home furnishing," as the company puts it. By 1991, it hit $134 million in sales, going public on the NASDAQ stock exchange one year later. The company’s portfolio grew in other ways when the new millennium hit. It bought health and beauty retailer Harmon’s in 2002, and the nothing-but-tchotchkes Christmas Tree Shops the year after. In 2007, it acquired Buy Buy Baby, and in 2012, both Linen Holdings, LLC and Cost Plus World Market. Currently operating six different businesses, Bed Bath & Beyond, Inc. now owns a total of 1,512 stores, according to its most recent earnings call; Bed Bath is its largest subsidiary with 1,020, or 67%, of its total stores. Bed Bath’s merchandising concept—a massive space offering a plethora of products—is known in the retail world as "big box." It’s the opposite approach of carefully curated home stores like Williams-Sonoma and Crate & Barrel, but was widely popular when Bed Bath first hit the market. Toys "R" Us was the first retailer to adopt this "category killer strategy," explains retail analyst Warren Shoulberg. In the pre-e-commerce...
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...Rika, your running head is almost correct; see sample paper in doc sharing Negligence in Certified Nursing Assistant Practice Erika Igarta-Illescas HSM 320 Health Rights and Responsibilities September 24, 2011 Beth VanOrsdale Negligence in Certified Nursing Assistant Practice Do not bold or underline title Negligence according to Fremgen (2009), is an unintentional action that occurs when a person either performs or fails to perform an action that a “reasonable person” would or would not have committed in a similar situation. Excellent Negligence can happen in many various ways in a health organization such as failure to report, failure to follow orders, performing duties in a careless manner and at times carrying on a job that is not part of a scope of practice. In today’s hospital and skilled nursing facilities, Certified Nursing Assistant is in an environment that is high in demand by Registered Nurses and Physicians to monitor the conditions of the patient. To assure assistance to perform their duties as it should in their scope of practice. Most commons ? that categorizes to a Nursing Assistant’s are failure to report abuse to charge nurses, errors in inputting daily activities and failure to assist patients in their daily activity needs. Good info; please referenceThis paper will explain the seriousness of negligence in a Nursing Assistant and how to prevent these errors. When a Nursing Assistant is getting prepped up for their duties, a...
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...Chapter one 1.0 Introduction Just a casual look at Nigerian universities these days will suffice to realise that so many social vices have become the order of the day. Chief among these are the twin evils of cultism and indecent dressing. Interestingly, these vices are commoner among the males and females respectively. What probably began as pacification to desires for companionship, protection and security; an innocent imitation of westerners has grown to bedevil sanity and progress on our university today. In this paper, cultism, indecent dressing and some other related social vices will be dealt with in light of their causes, consequences and possible remedial steps. 1.1 Definition of Basic Terms * Social vices * Cultism * Secret cult * Secret societies * Indecent dressing Social vices: Social vices are forms of evil, wicked and criminal actions or behaviours in the society. These are social problems and have been thought of as social situations that a large number of observers feel are inappropriate and need remedying. Social vices are those acts and conditions that violate societal norms and values. Cultism: The Oxford Advanced Learner's Dictionary defined cult as a small group of people who have extreme religious beliefs and who are not part of any established religion. Secret Cult: Ogunade (2002) defined a secret cult as an enclosed organized association or group devoted to the same cause. It is an enclosed group having an exclusive...
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...Medical Tourism Industry - Advantage India C.B. Venkata Krishna Prasad* Traveling abroad for health is not a new phenomenon. Medical tourism is actually thousands of years old. In ancient Greece, pilgrims and patients came from all over the Mediterranean to the sanctuary of the healing god, asklepios; the god of healing was located at Epidaurus. In roman Britain, patients took the waters at a shrine at bath, a practice that continued for 2,000 years. During 18th century wealthy Europeans used to visit health resorts in North Africa. But in the past seven years or so, the movement has accelerated sharply. It is growing rapidly and turning out to be an immense business opportunity for nations which have the strategic advantage of having resources in terms of medical technology, infrastructure and right human resources. Cross-border travel for health reasons is a $40 billon market and growing at over 15% a year throws up huge opportunities for anyone smart enough to tap it. Broadly defined as a collaboration of medical services with the tourism industry, healthcare tourism offers cost effective medical services for individuals who cannot afford these services in their country due to high costs or to people who are tired by long waiting times. Also patients from countries, where treatment is not available, can avail the benefits of healthcare tourism. Countries that are actively promoting healthcare tourism include Belgium, Singapore, Malaysia, India, Thailand, Cuba, Costa Rica,...
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...Inside Look into Ethical Concerns of For-Profit and Not- For-Profit Organizations Matthew Morton PHI445: Personal & Organizational Ethics Instructor: Robin McCart-Brown 10/12/2015 “Ethics: an area of study that deals with ideas about what is good and bad behavior: a branch of philosophy dealing with what is morally right or wrong (Merriam-Webster)”. The theory of ethical issues dates back to the first known human beings, as even the oldest settlers of this planet, had some guidelines distinguishing right from wrong doing. This day in age, the actual study of ethics and morals has come a long way, while many famous philosophers and ancient hierarchy’s have their own beliefs and set of rules they believe is right or wrong. When we look at the use of ethics and moral code in relation to business and organizations around the world there is allot to be said. In a world that has evolved beyond the imagination of our earliest settlers, ethics and business have allot in common as every business, for or not for-profit, strives to hold the highest reputation to acquire and retain as much public interest and business as possible. While there are many famous not- for profit organizations and even more for-profit business’s, they are not all as favorable and ethically inclined as they might seem on the surface, leaving the research of these organizations in the hands of the consumer and also the determining of whether a particular organization does good by their own ethical and moral...
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...Medical Tourism Medical Tourism Introduction Medical tourism is the act of traveling to other countries to obtain medical, dental or cosmetic care. Medical tourism is a new term but thousands of years old act. People have been traveling across the continents in search of cures for any imaginable illnesses and making therapeutic trips for health wellness. In ancient Greece, pilgrims and patients came from all over the Mediterranean to the sanctuary of the healing god, Asklepios at Epidaurus, and from the 18th century wealthy Europeans have been traveling to spas from Germany to the Nile. In recent years, medical tourism is becoming more popular with patients seeking treatment for health and well-being purposes abroad. Medical Tourism is also known as Medical Travel, Health Tourism, Surgical Tourism, Health Travel, Treatment Abroad, Surgeries Abroad, and Medical Outsourcing. Medical Tourism Concerns Though many are eager to be the right pieces in the puzzle, many are still struggling to get the right fit. There are a number of concerns and risk factors for patients getting treatment much less seeking them abroad. Some concerns for patients include a consistent quality of care, lack of extensive dialog between the patient and the doctor, lack of post-op follow up, cultural differences and difficulty in obtaining sufficient insurance coverage. In order to mitigate the risk, it’s essential that the patient works with well reputed facilitators. Medical Tourism Accreditation ...
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