...NOW AVAILABLE AT http://suppliers.safeway.com/canada/ CANADA SAFEWAY SUPPLIER HANDBOOK Copyright © 2003 – 2011 Canada Safeway Limited. All Rights Reserved. TO SAFEWAY SUPPLIERS, I am pleased to present to you Canada Safeway’s revised Supplier Handbook. This handbook has been designed to provide you with all the necessary forms to initiate business with Canada Safeway Limited. The handbook outlines what your responsibilities are, as well as what your expectations of Safeway should be. Please take the time to familiarize yourself with this handbook, as it provides the blueprint for our combined success. Sincerely, CANADA SAFEWAY LIMITED Bill Sexsmith Vice President, Sales CANADA SAFEWAY SUPPLIER HANDBOOK Page 2 Revised 10/31/11 TABLE OF CONTENTS WHO IS SAFEWAY ................................................................................................................................................ 4 RETAIL MARKETING SOLUTIONS CANADA, INC. (RMS) ................................................................................. 5 THE CATEGORY SHELF AND MANAGEMENT PROGRAM............................................................................... 5 SECTION 1.............................................................................................................................................................. 6 NEW ITEM PRESENTATIONS .............................................................................................................
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...Safeway Mandy Cooper Ohio Christian University Author Note MG3020 Managers in Organization Professor Smith July 13, 2014 Safeway In American Falls, Idaho in 1915 M.B. Skaggs bought a business from his dad. It was a small grocery store; however, he had big plans. He had a business strategy that indeed was very successful. This strategy included offering value to the customers as well as expanding the business by keeping his profit margin narrow. In 1926 he had expanded to 428 Skaggs stores over 10 states. In that same year, he merged this company with 322 Safeway (formerly Selig) stores and became incorporated as Safeway, Inc. (“Our Story”, 2014, para. 1). This merger allowed Skaggs to almost double his business in just a short amount of time. Within two years he listed Safeway on the New York Stock Exchange. Even in the midst of the Great Depression, he never lost sight of his mission to offer value to all his customers. Safeway was the first grocery store to offer produce by the pound, added “sell by” dates on perishable foods, added nutritional labels, and even made parking lots all in the 1930’s. Today there are over 1600 Safeway stores in the United States and Canada. Some of these stores operate under a different name, but they still hold true to the vision of M.B. Skaggs to offer the customer great value. They have stores in Northern and Southern California, Nevada, Texas, and Alaska. “We’re proud to be a part of local communities, and our customers...
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...Safeway Inc. dates back to 1915 when it was initially started in the small town of American Falls in the heart of Idaho. M.B Skaggs began the renowned company from the humble begins of his father’s store that he bought with the ambition and vision of giving his clients the best in quality and to expand the business by maintaining narrow profit margins (Our story, 2014). By remaining disciplined and committed to his vision the store expanded tremendously and by 1926,428 stores were opened in 10 states. Over the years, technological advancements have forced most stores to shift to being virtual stores and while at it in an effort to improve customer relation provide delivery services for goods. Safeway Inc. has adopted the new service of delivering goods in an effort of maintaining the mantra and vision of its cofounder of providing its clients with quality be it goods or services. The institution of this service is majorly to make the store a household name in terms of writing history as being the best grocery store not only country wide but as well as across international borders. Business environments are divided into major categories i.e macro environment and microenvironment. Microenvironment involve external environment of a business that the company has little or no control over hence highly affect the company’s activities. Such factors involve statutory laws concerning the field the company is planning on venturing in. Statutory laws are an example of microenvironment...
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...The Wonderful Safeway Shoppers One may think that there is nothing special about the people who come to a grocery store; everyone does it and is there anything that distinguishes one person from the next? Upon closer examination of the people who shop at Safeway it can be determined that there are three main classes of shoppers. The first type of shopper is the "First Timer" and can be distinguished by his lack of knowledge of the store and his confusion when it comes to the checkout process. The second type of customer is the "My Way or the Highway" customer and this customer is recognized by her control over every part of the shopping experience. The final type of Safeway shopper is the "Frequent Flyer" who is identified by the impressive amount of time he spends at the store and the level of intimacy he has with the employees. While it may seem difficult to differentiate between the types of shoppers at Safeway it can be seen that typically these shoppers fall into one of three distinct classes. The first type of shopper at Safeway is the "First Timer" and can be identified by their lack of knowledge of the store and checkout proces. A customer pulls into the parking lot of Safeway, this is his first time shopping without his mom but he has to learn to shop sometime. He walks through the sweltering parking lot and through the automatic doors. Immediately his head rolls up desperately searching for the items in each aisle. He glances down at the list in his hand and...
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...Case 13: Attention Shoppers: Executive Compensation at Kroger, Safeway, Costco, and Whole Foods. MGT 495 November 13, 2011 Case Discussion Questions: Retail grocery sales represent a significant portion of the U.S. economy. The industry was highly competitive, with companies operating on low gross and net margins. As a result, grocery stores were generally under significant pressure to reduce their operating costs in order to maintain profitability. For the last several decades, the grocery industry grew roughly in line with gross domestic product and was considered a mature industry. In order for companies to succeed, they needed to find effective strategies to steal customers from competitors. Many sought to differentiate themselves through store format, store location, product mix, ancillary services, or quality of customer service. Strategies, however, could easily be imitated by competitors, putting grocery store chains under constant pressure to innovate and remain efficient. In general, growth also required the expansion into new store locations. Companies that failed to grow often went bankrupt or were acquired. S.W.O.T: Kroger, Safeway, Costco, and Whole Foods Kroger: Strengths • Multiple formats and solid market share in major metropolitan areas • Shopper insights program • Well known regional brands • Developed private label and loyalty marketing programs • Pricing image • Very strong organic growth (i.e., comparable and identical store sales) ...
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...organizations do. A simple explanation of Morrisons corporate strategy is to be a specialist in food for all level of consumers, by focusing on three main values which are the freshness and quality of food, value of product, and service. Business Strategy Ansoff Matrix Ansoff matrix can help in screening options to business growth in the industry and choose the best option considering different situations (Internet). Generally in the supermarket industry the four strategic approaches can be analyzed and show ways to make growth in the business. Market penetration in the UK can help the company grow organically by building new stores or extending existent stores, or raise market shares by acquiring other businesses (e.g. Morrison acquiring Safeway). Market development can give access to new customers by expanding the market overseas, or the development of other means of selling such small convenience stores (e.g. Tesco...
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...over 4,00,000 people www.Tesco.com is recognized as the world¶s largest online grocer, with a customer base of little less than 1 million and more than 250,000 orders a week. Tesco¶s market share of UK retailing is 12.5%. 4 Company overview Tesco has moved into areas such as clothes, consumer electronics, consumer financial services, internet services, consumer telecoms and gas stations. Tesco now controls over 30% of the grocery market in U.K. As of March 2008, Tesco have a store in every postcode of the UK. 1960 1970 1980 1960 2000 5 Competitors Competitors ASDA Group Limited BP Plc Carrefour S.A. ExxonMobil Corporation The Big Food Group Plc J Sainsbury plc Marks and Spencer Group plc Royal Dutch/Shell Group Safeway Inc. 6 Safeway plc Somerfield SPAR HandelsAktiengesellschaft The Boots Group PLC Wm...
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... Comparison of Walmart with its Competitors: The competitors of Walmart includes Target Corporation, Kroger Co., Costco Wholesale Cop., Safeway Inc, Amazon.com, Dollar General, Dollar Tree Inc, Big Lots Inc, Fred's Inc, Sears Holding Co., Walgreen Co., CVS Caremark Corporation, Carrefour and Tesco Plc. To study the relative performance of Walmart vis-a-vis its competitors, financial statements of all the companies given in Exhibit-3 were analyzed for each of the parameters as mentioned below: (a) Inventory Turnover Ratio (ITR)- Inventory turnover ratio is an important metric in retail industry as it shows how many times the inventory was sold through during a period. Higher value of the ratio indicates better performance if lost sales are taken care of by a company. This ITR has been calculated for Walmart and its competitors from their annual financial statements from Exhibit-3. INVENTORY TURNOVER RATIO (ITR) | | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | Walmart | 8.68 | 9.19 | 8.87 | 8.14 | 7.84 | 7.47 | 7.46 | 7.47 | 7.71 | 7.59 | Target-Corp | 6.04 | 6.02 | 6.14 | 6.59 | 6.18 | 6.30 | 5.98 | 5.84 | 5.95 | 6.15 | Kroger Co | 11.61 | 11.04 | 10.33 | 10.35 | 9.85 | 9.91 | 9.33 | 8.91 | 8.82 | 9.06 | Costco | 11.71 | 12.06 | 11.53 | 12.60 | 11.57 | 11.54 | 11.54 | 11.55 | 11.15 | 10.87 | Safeway | 12.89 | 11.22 | 11.62 | 12.19 | 10.77 |...
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...Wn Morrison Supermarkets Plc is the fourth largest chain of supermarkets in the United Kingdom. It was founded in 1899 by William Morrison. Originally it started as an egg and butter stall in Bradford, England, the same location of it's headquarters. Morrisons opened it's first store within the town centre in 1958 and then opened it's first superstore in 1961 named "Victoria". Morrisons is part of the FTSE 100 Index of companies and has had a market share of 11.8% as of December 2008. This market share has made Morrison the smallest of the "Big Four" supermarkets behind Tesco (30.9%), Asda (16.8%) and Sainsbury's (16%). In 2004, Morrisons conducted a takeover of Safeway which propelled the business becoming the fourth largest supermarket in the UK with currently over 400 stores and 132,000 employees across the business. The Morrison family currently owns around 15.5% of the company. Strategy Plans The organization is concentrating on increasing clientele for the business so they are preparing and using different techniques with their main focus on offering fresh foods such as fresh fruits and fresh vegetables. The organization has it's own packaging factory and they are trying to offer various types of packaging meals, for example pizzas, pies, cooked meats, and sausages as well as packaging dairy products and bread. The organization acquires it's resources straight from the butchers. This is considered a great strategy technique for the organization. Their aim is to provide...
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...of possible financial threats are fluctuations in the stock market and tax increases. Remember, if the objectives of Tesco are not threatened by these factors then they are not threats. But, as most companies would be worried about a tax increase, a general, continuing objective might be to decrease the tax burden. Other objectives may take precedence, and make the tax threat insignificant (for a period). The biggest, most obvious, threat is: * Online and offline innovation by other supermarkets aimed directly at taking customers from Tesco. Examples of specific threats that might affect Tesco in the future, are shown in the left margin. The biggest threat is probably that of takeover, like the Morrison group purchasing the Safeway chain or Asda being taken over by Walmart. Opportunities for Tesco Now consider the O in SWOT. There are many great opportunities in the online arena, so many that Tesco needs to decide its main objectives before pursuing particular opportunities. Tesco has already had many online...
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...FOUNDATION TO BUSINESS STRATEGY ALDI ALDI is one of the world’s leading grocery retailers with more than 7,000 stores across 70 countries. The company originates from Germany, where it was founded in 1913 as one of the first retailers to offer self-service. Since opening its first store in 1913, ALDI has established itself as a reputable retailer operating in international markets including Germany, Australia, UK, and the U.S. What distinguishes ALDI from its competitors is its pricing strategy without reducing the quality of its products. In fact, in some cases ALDI’s products are 30% cheaper than those offered by its competitors. ALDI can do this because the business operates so efficiently. ALDI has operated in the UK since 1990, and now has over 500 stores in the UK and Ireland employing in excess of 20,000 people. ALDI’S POLICIES: ALDI does not have a clear defined Vision and mission statements, however it has clearly defined policies based on which it could create its competitive position in the market. ALDI’S Policies are based on ‘What if a grocery store challenged the typical retail business model?’ALDI’s business model enables to provide the customers the highest quality products at the lowest possible prices. This value stems from the numerous efficiencies and innovations instituted at every level of ALDI’S operation. The following are the cost saving strategies that ALDI adopts: * Customers bring their own bags or buy our reusable bags to save money ...
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...Introduction: The aim of this report is to conduct an analysis of the financial statements of J. Sainsbury plc and Tesco plc for the year ending 2013, comparing both companies by looking at the ratios calculated and looking at the importance of supplementing financial analysis with non-financial considerations. Tesco is Britain’s leading food retailer and the third largest in the world. Tesco opened in 1929. After joining the eighties trend for large out-of-town supermarkets, in the 1990’s the company started pioneering many new innovations. Tesco has over 530,000 colleagues over 12 countries serving up to 75 million transactions every week. J. Sainsbury is into grocery, retail and financial services. It has a 16.8% UK market share. It has 157,000 colleagues, 23 million customer transactions per week, and 1,106 stores. The information in appendix 1 and 2 was extracted from both companies’ annual reports, for Sainsbury’s year ended March 2013 and February2013 for Tesco. Analysis An operating profit of £9.25 was made on every £100 of capital employed from Sainsbury’s. Compared to Tesco, an operating profit of £7.02 was made on every £100. Looking at the two figures Sainsbury utilizes their capital more efficiently than Tesco, because looking at their revenue scale Tesco is has 2188 compared to Sainsbury which only has 887. Using the 10 year benchmark in the UK, the risk free return rate is at 2.87% in the UK ( (Bloomberg). Therefore comparing Tesco and Sainsbury against the...
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...1.0 introduction 1.1 reasons for choosing this area of study I have chosen topic 8 i.e. the evaluation of business and financial performance of an organisation over 3 year period. The reason behind my choice is that it gives me a platform to analyse the financial performance of a public limited company. This would enhance my analysis skill of practical world and help to develop on my weaknesses. I have done the ratio analysis on fictitious company set by different authors but never had an opportunity to apply them on a real life scenario. 1.2 Reasons for choosing the organisation I have decided to choose Tesco plc for this research and analysis project .Tesco plc is the largest retailer in the UK and third largest in the world behind Wal-Mart and Carrefour. According to TNS Worldpanel over £1 in every £7 (14.3%) of UK retail sales is spent at Tesco. (http://en.wikipedia.org) .Tesco has largely contributed to cut spending on our daily needs. It has wide ranges of services and products which would help me to analyse different aspect of the business. Its growth in the international market is quite significant and it has became a threat for Wal-Mart and Carrefour as a international rival .Therefore I found Tesco to be the best choice compare to other supermarket retailers. Comparison I will compare the performance of Tesco plc with j Sainsbury plc. They are both listed in the London stock exchange. J Sainsbury plc is the third largest retailer in the UK with a market share...
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...A Competitive Analysis on Tesco Introduction Tesco and Sainsburys rivalry goes way back and has been going on for over decades now. Tesco was founded in 1919 by a man named Jack Cohen. Its very first store opened in 1929 by T.E. Stockwell, and in 1932 Tesco became a PLC. Sainsburys started in 1869 and is part of the “multi-national company J Sainsbury in both the UK and the USA” (2008). The main focus of this essay is analysing Tesco against Sainsburys in their performance when it comes to marketing and how well they are market oriented and sales orientated, their ability to understand customers and its consumers and also their marketing mix. Market orientation for Tesco and Sainsburys is how they as a business both choose to focus on identifying and meeting their customers’ needs whether it be stated or hidden. This is quite different to the sales orientation because with sales orientation, Tesco and Sainsburys focus on promoting sales of whatever a company supplies or makes through sales calls and marketing. Tesco tend to place a positive image on their customers through their good customer service and their quick responses to customer needs. Tesco also tend to ensure that they are offering their customers as much help as possible in and around their store. This is how Tesco uses excellent market orientation. They also do this through refurbishment in and around the store which is their way of improving their service levels. After a customer makes a purchase or refund...
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...In every profit making business organization presently, it is crucial to perform an operational, financial review of the performance and position of the business. It is also important to address such in a significant, shrewd and balanced manner. The report shows how financial data can be utilized in the process of making decisions. It entails an analytical review of the financial position and reporting of Tesco Company, in comparison to Sainsbury Company. Stittle (2003, p. 57) indicates that Tesco and Sainsbury are UK based companies and are listed on the UK Stock Exchange. Executive summary Tesco Bank registered increasing revenues both in the US and China. The total of Tesco’s revenue growth in the two major economies was £m 2,117 and £m 1,985 in 2013 and 2014 respectively. It incurred a total of £m 3,052 and £m 2,592 in 2013 and 2014 respectively in sales (in the US and China). According to Tesco plc year-long report and financial statements (2014), the company also incurred finance costs of £m 2 and £m 14 in 2014 and 2013 respectively in the international operations. It, consequently, meant a loss subsequent to tax of discontinued operations. The total loss after tax of discontinued operations was £m 942 and £m 1,504 respectively, in its international operations. The outcome of this was a loss per share of capital. The total basic losses per share resulting from all the discontinued operations were 11.68p and 18.72p in 2014 and 2013 respectively. Tesco’s group income...
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