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Mcgregor's Department Store Case Analysis

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Submitted By wuxiaowxy
Words 399
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Mc Case

DATE: April 19, 2016

TO: Staff and members

FROM: James McGregor SUBJECT: Implementation of new policy INTRODUCTION / PROBLEM STATEMENT James McGregor is the president of McGregor. He was trying to improve sales above the average of the total retail stores for the coming years. However, the issue that he found out is about old fashioned and traditional goods. Those old fashioned goods which need to be change become fashioned affect sales keep staying. Moreover, the outdated discount policy is complex and unfair for whole employees, especially for lower level workers. More importantly, the policy stay in old fashioned idea so that it loss interested in young customers. To solve this problem, James McGregor come out new policy to make it simple and fair. The reason he think the new policy will work is it could attracts young customers and it also will help to decrease the remaining goods at inventory.

FACTS AND ASSUMPTIONS

1. Goods that sold at our store is too old fashioned. There is not enough young customers and young employees willing to buy them. 2. Due to the old fashion products, it is difficult to recruit young employees or attract young staffs who already work at our store. 3. It is important to increase long term profits. 4. Lower level and maintenance staffs have not benefited from the previous policy, so that they may be stealing inventory while working. 5. It will improve the turnover of inventory. 6. The old discount policy is too complex.

POSSIBLE SOLUTIONS

1. Implement new policy after discussion with executives and convince them to support this decision. 2. Implement new policy immediately without let executives know, and show the policy to public.

RECOMMENDATION

• Before start action of the new policy, he need to

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