...A review of Kroger’s annual report. Introduction This paper takes a look Kroger’s fiscal year 2010 Annual Report. Introduction The first part of Kroger’s annual report is an introduction on managements responsibility for financial reporting and managements report on internal control. These statements are an introduction to the report and set the tone for the annual report. In this section Kroger states their firm belief in operating ethically and identifies the group that audits their financial statements as PricewaterhouseCoopers, LLP. Selected Financial Information/Stockholder information The next section contains selected financial information to give stockholders an overview of how the company’s stock is doing. Kroger presents financial data for the last five fiscal years relating to sales, net earning and shareholders equity. This gives the stockholders and idea of how the company is faring compared to the last five years. Additionally the common stock price range for the current and previous year is listed as well a performance graph showing The Kroger company stock performance versus the S&P 500 Index and Kroger’s peer group. This section also includes the Issuer Purchases of Equity Securities. Following the numbers aspect of the Selected Financial Information is an overview of many aspects of the The Kroger Company. This section details many things such as the business itself, the stores and their employees, segments and merchandising and manufacturing...
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...Kroger Annual Report A review of Kroger’s annual report. Introduction This paper takes a look Kroger’s fiscal year 2010 Annual Report. Introduction The first part of Kroger’s annual report is an introduction on managements responsibility for financial reporting and managements report on internal control. These statements are an introduction to the report and set the tone for the annual report. In this section Kroger states their firm belief in operating ethically and identifies the group that audits their financial statements as PricewaterhouseCoopers, LLP. Selected Financial Information/Stockholder information The next section contains selected financial information to give stockholders an overview of how the company’s stock is doing. Kroger presents financial data for the last five fiscal years relating to sales, net earning and shareholders equity. This gives the stockholders and idea of how the company is faring compared to the last five years. Additionally the common stock price range for the current and previous year is listed as well a performance graph showing The Kroger company stock performance versus the S&P 500 Index and Kroger’s peer group. This section also includes the Issuer Purchases of Equity Securities. Following the numbers aspect of the Selected Financial Information is an overview of many aspects of the The Kroger Company. This section details many things such as the business itself, the stores and their employees, segments...
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...what benefit will they have on the company. As in any decision that is made whether business or not, there are always benefits and disadvantages to the decision made. Businesses must understand both the benefits and disadvantages of potential mergers and/or acquisitions in order to ensure they are making responsible and effective decisions which impact not only the business, but also how stakeholders perceive the business. “In recent years, mergers and acquisitions among U.S. corporations have hit an all-time high” (Boone, 2014, p. 160. The deals that result from mergers and acquisitions are often talked about for months and years within the business sector and can be worth millions and in some cases billions of dollars. These two types of business transactions are not only important to those directly involved with a business, but mergers and acquisitions are equally important to consumers and investors of a business. There are vast reasons behind why companies decide to undergo mergers and acquisitions and when analyzing some mergers and acquisitions those reasons can sometimes be buried deep within the details of the merger and/or acquisition. The decision to undergo a merger and/or acquisition can also demonstrate to the public the strength of those companies involved. Companies that may be experiencing tough times tend to be more willing to undergo one these business transactions and those companies that are strong tend to target companies that are struggling or aren’t as...
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...Kroger Cody Butler, Ahmad Damra, & Doug Edwards Sullivan University Kroger Since it first began in the late 1800’s, Kroger had been a store motivated to expand its role in the community. After first starting out by selling grocery items to customers, it began to also sell bakery items and opened bakeries within the grocery store itself. This was a big convenience for the consumer to be able to shop for most of their grocery items within the same store. The company then set its sights on the meat industry by purchasing several meat markets and packing plants. This allowed them to provide cuts of meat to their customers so that they didn’t have to go to another store to purchase meats. Once again, they found a needed service and expanded their role to capitalize on it. [ (Kroger, 2012) ] Over the years, Kroger’s expansion has followed much of the same lines. Once a service or need in the community is identified, the company researches their role and how they can provide this service within the Kroger store. Some ideas stay and are profitable while others fall by the wayside due to being too costly or not the right fit for the Kroger store. Consumers respond to these services and keep coming back to the Kroger store for their grocery needs as well as other needs that are not grocery related. [ (Kroger, 2012) ] One example of this is the Kroger pharmacy. This service allows the customer to buy their pharmacy items from Kroger and their prescriptions can be...
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...Business Proposal R. Michelle Thomas ECO/561 March 3, 2014 Nancy Irizarry Proctor & Gamble (P&G) is the world’s largest and most profitable consumer products company, with nearly $84 billion in sales and 25 billion-dollar brands. On February 20, 2014 P&G introduced another Swiffer product called The Sweep and Trap. P&G says The Sweep & Trap will make clean-up faster and easier. The Sweep & Trap picks up small and large particles in one swipe with no batteries, cords or power supply required (P&G, 2014). Business Proposal Market structure: P&G market structure is what is called Oligopoly; Oligopoly is a form of market where there is domination of a limited number of suppliers and sellers. P&G is the world’s largest consumer products company controlling over 90% of the market. In the consumer products market P&G is the leader and main competition to all other consumer product companies. At P&G a lot of time money and effort goes into product research and development and advertising is very important part of competition (P&G, 2014). Elasticity of the product(s): Over the last 10 years P&G has had to face some stiff competition from a handful of powerful low-priced retailers such as Wal-Mart, Target, and supermarket chains that offer private label brands or store brands. Because Procter & Gamble has the biggest portfolio of products in the household and personal care industry and generates over one...
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...I. The Environment of Business 1. What Is Business? © The McGraw−Hill Companies, 2007 C H A P T E R 1 What Is Business? Learning Objectives After studying this chapter you should be able to: 1. Differentiate between the three meanings of business as commerce, business as an occupation, and business as an organization, and identify the four main kinds of productive resources. 2. Understand how the forces of supply and demand determine fair, or market, prices. 3. Appreciate how a company’s business model is the source of its competitive advantage and can mean the difference between merely making a profit and profitability. 4. Recognize the way specialization and the division of labor lead to increasing profits and wealth via the market’s “invisible hand.” 5. List the reasons why business organizations are created and how they facilitate commerce and lower transaction costs. WHY IS THIS IMPORTANT ? What if you went to your supermarket and found only one brand of toothpaste? Suppose there was only one pizza shop in your town and it charged $25 for a small pie. Economic principles such as the laws of supply and demand create the selection and prices we find when we buy, whether it’s gasoline or hamburger. This chapter will help you understand how business principles work and why companies try to add value to products and services that will appeal to customers and create a competitive advantage. The products we select compete with others for our attention and dollars...
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...A1: Description of Organization Walgreens Boots Alliance (WBA) is a relatively new company created in 2014 from the acquisition of Alliance Boots of UK by Walgreens Co. of Deerfield, IL. WBA alliance brings together two reputable companies with established brands in their geographic region as well as a “heritage of trusted health care services through pharmaceutical wholesaling and community pharmacy care, dating back more than 100 years.” (Walgreens.com) WBA currently has about 370,000 employees with more than 13,100 stores spanning 9 countries. Walgreens Boots Alliance currently operates retail pharmacies at 8,300+ locations across US, Columbia and Puerto Rico. (Walgreens.com) The company’s vision is to “be the first choice for pharmacy, well-being and beauty - caring for people and communities around the world.” (Walgreens.com) Currently WBA is considered to be global leader for both its pharmaceutical wholesaler and its distribution network. This is also in addition to also being the foremost purchaser of all prescription drugs as well as various health and wellbeing products and services. WBA has annual revenues of nearly $125 billion. The mission at WBA is “to help customers get, stay and live well. To do that, we’re making health and happiness more accessible to more people every day.” (Walgreens.com) Walgreens Boots Alliance is the largest drugstore retailer in the United States providing access to consumer goods and services (with a new emphasis on beauty products)...
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...Kudler Fine Foods- Strategy Sabrina L. Cox University of Phoenix MMPBL-502 Nema Hussein June 25, 2011 Kudler Fine Foods- Strategy Over the last 5 weeks, Kudler Fine Foods has made some decisions in expansion and, and the life of the business. As the life of the business is identified as the overview of management, the organizational behavior, operations management, marketing and regulatory environment, and now to review the strategy of Kudler . As an organization, Kudler has made some important steps to the success of the business, and doing so there has to be a strategic plan that will continue to build on the success of Kudler. Kathy Kudler has been the lead in all aspects of Kudlers success in offering the one stop shop scenario. The quality of products and services along with superior customer service is how the organization is successful. As a specialty store, the identified area of opportunity is continued growth. Kudler has started to provide organic produce, by partnering with local growers, and with the current offering of specialty items such as cheese, wine and meats. Being able to meet the need of the customer has proven to be a successful strategy for the business. The customer loyalty program and frequent shopper programs have served the business and customer extremely well and in order to enhance Kudler current desire to expand, a strategy will have to be implemented. Being able to assess how the change in technology for Kudler in creating business...
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...the doughnuts that are glazed!” Matt Gnau Leslie Lee Yves de Parseval Bharat Poddar Accounting 712, Section 3 April 15, 2003 1. Business Strategy Krispy Kreme is a branded premium quality doughnut retailer. It has three sources of revenue. • On- and off-premise sales from 99 company owned and operated doughnut stores. Off-premise sales constitute doughnut sales to supermarkets, gas stations, etc. • Royalties from franchisees (3% royalty, 57 stores) and area developers (4.5% royalty, 120 stores) • Sales of doughnut mixes and doughnut-making equipment to franchisees and area developers through Krispy Kreme Manufacturing and Distribution (KKM&D) commissaries Industry and Competition: Krispy Kreme serves primarily in the doughnut industry (a subset of SIC Code 5812). It’s a highly fragmented industry characterized by low-volume outlets with undifferentiated product quality. Krispy Kreme competes primarily on its quality, brand and unique way of manufacturing and selling doughnuts on-premise. Its competitors include nation-wide companies, like Dunkin’ Donuts and AFC Enterprises [AFCE] (Cinnabon, Seattle’s Best Coffee, Popeye’s), and many regional companies. A secondary market is the packaged doughnut market (a subset of SIC Code 2051). Krispy Kreme’s secondary market is a result of its off-premise sales, which are used to extend its brand equity and sales in supermarkets. Competitors include Interstate Bakeries [IBC] (Hostess, Dolly Madison, Drake)...
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...important for finding customers that are the best match for a business’s products and services” (Suttle, 2014, ¶ 2) This statement speaks directly to the ideal scenario every company hopes to find; one where it’s strengths as a product and service provider are best matched with the client and consumer base most in need of these outputs. When reviewing soft drinks giant Coca Cola, we find a company that specializes in diversity; dominating the world’s beverage market with a wide variety of product choices specifically targeted to the most opportune consumers. The paper that follows will outline several critical market segments used by the company including overviews on demographic, psychographic, geographic and behavioral characteristics of the Coca-Cola Company. Coca Cola’s target markets and the company’s plans for targeting these markets will also be discussed, and a proposed positioning statement for the company will also be introduced. Company Overview Founded in 1886, The Coca-Cola Company is headquartered in Atlanta GA, and “is the world’s largest beverage company, refreshing consumers with more than 500 sparkling and still brands.” (Coca-Cola Company, 2015). Coca-Cola’s mission focuses on consistently transforming its product line to stay in step with the demands of its consumers, a challenge the company has successfully achieved for the past 129 years. We can see this dynamic drive clearly stated in the company’s mission statement, a three-pronged goal: ...
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...Toggle SGML Header (+) Section 1: 10-K (10-K) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 1, 2014. OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-303 THE KROGER CO. (Exact name of registrant as specified in its charter) Ohio (State or Other Jurisdiction of Incorporation or Organization) 1014 Vine Street, Cincinnati, OH (Address of Principal Executive Offices) Registrant’s telephone number, including area code (513) 762-4000 Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered 31-0345740 (I.R.S. Employer Identification No.) 45202 (Zip Code) Common Stock $1 par value NONE (Title of class) New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. No Yes Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding...
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...58% 317.00M 0.60 PE Ratio (TTM) PS Ratio (TTM) Profit Margin (Quarterly) Return on Equity (TTM) Beta 14.15 0.2246 1.40% 37.22% 0.5893 EPS Diluted (Quarterly YoY Growth) 17.65% Company Description Exchange: NYSE Sector: Consumer Defensive Industry: Grocery Stores The Kroger Co. is an American supermarket chain founded by Bernard Kroger in 1883 in Cincinnati, Ohio. It reported US$ $82.2 billion in sales during fiscal year 2010. It is the country's largest grocery store chain and its second-largest grocery retailer by volume and second-place general retailer in the country, with Walmart being the largest. As of 2010, Kroger operated, either directly or through its subsidiaries, 3,619 stores. Price Performance, 5 Years KR 42.60 1 Year Total Returns Performance KR SWY N/A N/A WFM WMT N/A N/A Profitability Revenue (Quarterly) 22.72B Net Income 317.00M (Quarterly) Total Expenses (Quarterly) 22.13B YCharts Pro Stock Report | Nov 16, 2013 09:48AM ET Kroger Co (KR) Pro Value Score Good (8/10) KR has a good value score. It is likely selling at a low price given its performance. If the future looks like the past, this stock has promise. Value Score Components The items below are the key metrics in the Value Score. The bars beneath the metric show which quintile the company falls in compared to the whole market. For example, if a...
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...operating 431 stores in 42 U.S. states and the District of Columbia, 10 in Canada and 9 in the United Kingdom. In this case study, “ WFM” or the “Company” will refer to the parent company and the name “Whole Foods” will refer to its stores and grocery business generally. What started as a single small natural foods store called SaferWay in Austin, Texas in 1978 led to the opening of the original Whole Foods Market in 1980, followed by a combination of building new stores and acquiring existing ones. WFM went public in 1992 and not only continued to increase the number and size of Whole Foods stores, but also raised industry standards for the production and distribution of natural foods as well as promoting respectful and sustainable farming and business practices. Additionally, WFM is regularly recognized as one of most desirable employers, with human resources and management practices that allow for more regional discretion and local involvement plus genuine employee input, enhanced employee education and development, and relatively higher compensation within the industry. Founder and CEO John Mackey strives to balance his health- and environment-oriented ideals with the realities of operating a complex and highly competitive business profitably with an approach he calls “conscious capitalism” – endeavoring to benefit all company stakeholders – employees, customers, community and shareholders – rather than treating the first three less than the fourth. [FN 1] While the...
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...CHAPTER 5 ACCOUNTING FOR MERCHANDISING BUSINESSES DISCUSSION QUESTIONS 1. Merchandising businesses acquire merchandise for resale to customers. It is the selling of merchandise, instead of a service, that makes the activities of a merchandising business different from the activities of a service business. Yes. Gross profit is the excess of (net) sales over cost of merchandise sold. A net loss arises when operating expenses exceed gross profit. Therefore, a business can earn a gross profit but incur operating expenses in excess of this gross profit and end up with a net loss. The date of sale as shown by the date of the invoice or bill. a. b. c. 5. 6. a. 1% discount allowed if paid within 15 days of date of invoice; entire amount of invoice due within 60 days of date of invoice. Payment due within 30 days of date of invoice. Payment due by the end of the month in which the sale was made. A credit memo issued by the seller of merchandise indicates the amount for which the buyer’s account is to be credited (credit to Accounts Receivable) and the reason for the sales return or allowance. A debit memo issued by the buyer of merchandise indicates the amount for which the seller’s account is to be debited (debit to Accounts Payable) and the reason for the purchases return or allowance. The buyer The seller 2. 3. 4. Sales to customers who use MasterCard or VISA cards are recorded as cash sales. b. 7. 8. 9. 10. a. b. Examples of such accounts include the following:...
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...our exploration of how marketers gain insights into consumers and the marketplace. We look at how companies develop and manage information about important marketplace elements: customers, competitors, products, and marketing programs. To succeed in today’s marketplace, companies must know how to turn mountains of marketing information into fresh customer insights that will help them deliver greater value to customers. Let’s start with a good story about marketing research and customer insights in action at P&G, one of the world’s largest and most re- spected marketing companies. P&G makes and markets a who’s who list of consumer megabrands, including the likes of Tide, Crest, Bounty, Charmin, Puffs, Pampers, Pringles, Gillette, Dawn, Ivory, Febreze, Swiffer, Olay, Cover Girl, Pantene, Scope, NyQuil, Duracell, and dozens more. The company’s stated purpose is to provide products that “improve the lives of the world’s consumers.” P&G’s brands really do create value for consumers by solving their problems. But to build meaningful relationships with customers, you first have to understand them and how they connect with your brand. That’s where marketing research comes in. P&G: Deep Customer Insights Yield Meaningful Customer Relationships C reating customer value. Building meaningful customer relationships. All this sounds pretty lofty, especially for a company like P&G, which sells seemingly mundane, low-involvement consumer products such as detergents, shampoos...
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