...Reids Convenience Store Business Plan April 2003 Ben Reid Reid's Convenience Store 1035 Whenun Road Prince George, BC, V2K 5G5 Phone: (250) 555-5555 Fax: (250) 555-5555 E-Mail: reid@aol.com Executive Summary: Applicant/Company Information a. Business Name: Reid's Convenience Store b. Address: 1035 Whenun Road, Prince George, BC, V2K 5G5 c. Phone: (250) 555-5555 d. Contact Person: Johnathan Reid e. Business Structure: Sole Proprietorship f. Banking Information: Bank: Royal Bank Address: Royal Bank - Main Branch 550 Victoria Street, Prince George, BC V2L 2K1 Phone: (250) 555-5555 Fax:(250) 555-5555 Contact: Mr. V. Happy Title: Loans Officer g. Anticipated Start Date: Reid's Convenience store is prepared to purchase the equipment and inventory necessary to begin operations immediately, upon approval of funding. h. Business concept: Mr. Reid recognized a need for a store in the area after a neighbouring store closed. Mr. Reid conducted a resident's survey asking about the need for a corner store and the result was the community overwhelmingly supported the concept. There are no such stores within an 8-block radius. The target market will include local residents both on and off reserve. ...
Words: 4269 - Pages: 18
...Denver Department Stores J. B. Ritchie and Paul H. Thompson Brigham Young University In the early spring of 2009 Jim Barton was evaluating the decline in sales volume experienced by the four departments he supervised in the main store of Denver Department Stores, a Colorado retail chain. Barton was at a loss as to how to improve sales. He attributed the slowdown in sales to the current economic downturn affecting the entire nation. However, Barton's supervisor, Mr. Cornwall, pointed out that some of the other departments in the store had experienced a 15 percent gain over the previous year. Cornwall added that Barton was expected to have his departments up to par with the others in a short period of time. Background Jim Barton had been supervisor of the sporting goods, hardware, housewares, and toy departments in the main store of Denver Department Stores for three of the ten years he had worked for the chain. The four departments were situated adjacent to each other on the ground floor of the store. Each department had a head sales clerk who reported to Mr. Barton on merchandise storage and presentation, special orders, and general department upkeep. The head sales clerks were all full-time, long-term employees of Denver Department Stores, having an average of about eight years' experience with the chain. The head clerks were also expected to train the people in the department they supervised. The rest...
Words: 2159 - Pages: 9
...Brief Description of the Organization Bharat Petroleum Corporation Limited (BPCL) is an Indian state-controlled oil and gas company headquartered in Mumbai, Maharashtra. BPCL has been ranked at 225 in the Fortune Global 500 rankings of the world's biggest corporations for the year 2012. In 1928, Asiatic Petroleum Company (India) started cooperation with Burma oil company ( company incorporated in Scotland in 1886) and involved in refining crude oil produced from primitive hand dug wells in Upper Burma. This alliance led to the formation of Burmah-Shell Oil Storage and Distributing Company of India Limited. Burmah Shell began its operations with import and marketing of Kerosene. On 24 January 1976, the Burmah Shell was taken over by the Government of India to form Bharat Refineries Limited. On 1 August 1977, it was renamed Bharat Petroleum Corporation Limited. It was also the first refinery to process newly found indigenous crude Bombay High. The core strength of Bharat Petroleum Corporation Limited has always been the ardent pursuit of qualitative excellence for maximization of customer satisfaction. Thus Bharat Petroleum, the erstwhile Burmah Shell, has today become one of the most formidable names in the petroleum industry. Bharat Petroleum produces a diverse range of products, from petrochemicals and solvents to aircraft fuel and specialty lubricants and markets them through its wide network of Petrol Stations, Kerosene Dealers, LPG Distributors, Lube Shoppes, besides...
Words: 1700 - Pages: 7
...Department Stores are Struggling! Ashley Pearson FYS: History of Providence Professor Hughes December 17, 2012 In 2012 department stores in Providence are struggling. When one takes a drive through Providence the main retail stores are in the Providence Place Mall. From an outsider’s point of view it doesn’t look like these stores are struggling. After all, everyone in Providence knows where this tremendous mall is. What people do not know is that in reality they are headed downhill. These stores are department stores. A department store is a large retail store carrying a wide variety of merchandise and organized into various departments for sales and administrative purposes.[1] In the past, stores like The Outlet, Gladding and Shepards had trouble keeping up with modern times and eventually this led them to close down. If a department store cannot keep up with this modernization it is in danger of failing. Department stores overall, start to fail due to the social and economic problems that occur in Providence. This paper, therefore will investigate the rise and the fall of these three department store retailers as well as taking a look at why these more modern department stores are struggling to this day. The Outlet is a department store that was built in 1891. It was built under the two brothers Leon and Joseph Samuels and was located on Weybosset Street.[2] Immediately after being built, The Outlet started...
Words: 1961 - Pages: 8
...Apple Store Introduction Apple store is defined as the chain of retail sores owned and operated by Apple Inc. the store sells computer software, iPod, phones apple watches and apple televisions. Additionally, it offers technical support and repair, free workshops for the public and youth, presentation theaters and training on apple products. According to Ron Jonson article Apple store are responsible for turning boring computer into playroom, (New York Times). Apple store Computation in technology is propelling every technology companies to develop stores that suit the needs of location and regulation authorizes. Apple store has taken a high notch by changing the landscape of consumers’ electronic retail. In Apple stores, customers can get all the help they need , they can make a Genius Bar reservation for any software repair and services on the hardware and they come with the security key that protect consumers device whenever it’s lost and keep track of the apple device. structural organization of Apple store allows the firm grow and continue innovating rapidly, the most significant structural organization of Apple store include; structural glass and staircase where each part of the structure is structurally linked to the rest and contribute to the global stiffness of the structure. The elements of the glass include; steps which are made from annealed lamination glass, stringers from the chemically toughed laminated glass, glass floor, glass beams and mezzanine guardrails...
Words: 338 - Pages: 2
...Norton’s Department Stores Case Table of Contents Executive Summary3 Introduction3 Case Findings4 Evaluations of Alternative Solutions5 Conclusion7 Recommended Plan of Action8 Evaluation of Recommended Solution9 References10 Appendices10 Executive Summary The Norton's chain of department stores has a long and tumultuous history, characterized by their early rise as an industry stalwart in the early twentieth century, to their current state on the brink of bankruptcy. The factors that coalesced to their fall from grace are numerous in nature. Yet one singular factor constantly resurfaces: the mismanagement of the firm stemming from the authority from birth-right exercised. Whatever course of action is taken; whether it is downsizing current locations, creating an e-commerce marketplace, or creating a new pricing strategy, one thing is clear: the main problem of management needs to be addressed first. Introduction Norton’s Department Stores was founded in 1869 by Thomas Norton, in a less than desirable area of Toronto. Since it humble inception, Norton’s have been instilled with certain characteristics conducive to success: “long hours, high quality, and friendly staff (Das, 2005)”. Norton’s has always been a private firm, run exclusively by the Norton family. In its early history, Norton’s experienced exponential growth and came to be known around Canada as a “dependable and customer-friendly merchandising empire (Das, 2005)”. At its height, the firm had...
Words: 2741 - Pages: 11
...Phase FOur The Beer Store Submitted By: Brandon Borrelli Submitted On: Jan 1st, 2012 Table of Contents THE BEER STORE CORPORATE OVERVIEW 1 The Beer Store History and Corporate Structure: 1 Industry and Regulations: 1 Company Mission and Values: 1 RETAIL STORE OVERVIEW 1 How the Retail Stores Function: 1 How 3260 is Operated: 1 Hiring and Work Culture: 1 Training: 1 Safety procedures: 1 Tasks of all Employees: 1 Management Specific Tasks: 1 Compensation and Benefits: 1 Evaluation and Incentives for Employees and Managers: 8 Exhibit 1 The Beer Store organization chart 1 Exhibit 2 Beverage Retail Outlets 1 Exhibit 3 Flow of Goods 1 Exhibit 4 Ontario System Chart 1 Exhibit 5 Contract between the Minister of Public Infrastructure Renewal and Brewer Retail Inc. (Section 1.15) 1 Exhibit 6 ODRP Sales, deposit value by container type and share of market (ODRP Packaging 2010-2011) 1 Exhibit 7 Deposit Return Schematic 1 Exhibit 8 Full Time Employees Salary 1 Exhibit 9 Part Time Employee Salaries 1 Exhibit 10 Employees Evaluation 1 Exhibit 11 Manage Performance Scorecard 1 Exhibit 12 Mission Statement and Values…………………………………………………….19 Exhibit 13 Interviewee Profiles………………………………………………………………...19 References 20 THE BEER STORE CORPORATE OVERVIEW The Beer Store History and Corporate Structure: The Beer Store came into effect in 1927 as a result of prohibition, the government allowed Brewers Retail/ The Beer Store to regulate the sales...
Words: 6779 - Pages: 28
...Denver Department Stores, a Colorado retail store chain, is an entity that was suffering from the effects of decreased sales volume. Jim Barton, the supervisor of four departments within the main location in Denver, was struggling with developing a process to improve the store’s sales. Barton identified with the notion that the decrease in sales volume was a simple matter of a slowdown in the economic landscape, and that the downturn would effect all stores in the retail business. However, Barton’s superior, Mr. Cornwall, the general merchandiser of Denver Department Stores, told Barton that some stores have experienced a 15% gain in recent sales. Cornwall made it clear that he expected Barton’s segments to have sales equal to the other departments within the company due to more aggressive salespeople. As a result, Cornwall proceeded to employ a tally card system that would keep track of each employee’s sales as a method of evaluation. It should be noted that Denver Department Stores employs part-time clerks, those responsible for the majority of sales within each department, and head clerks, the superiors to the part-time clerks. The head clerks are responsible for organizing the stock room, training part-time employees, and maintaining the positive appearance of the store. Cornwall concluded that the tally card system would allow the company to eliminate the weak salespeople and replace them with people that possess stronger sales skills. Ultimately, the tally card system did...
Words: 3150 - Pages: 13
...OF ACCOUNTING, FINANCE AND BUSINESS MCF GROCERY STORE Course Code & Title : BBDH 2013 HUMAN RESOURCE MANAGEMENT Tutorial Group : 2RMK3 Lecturer : Ms. Pushpa Date of Submission : 13rd Feb 2014 No. | Students’ names | Students’ ID | 1. | NEOH TEE CHIAN | 13WBR09778 | 3. | KUNG CHIN SHIRN | 13WBR09780 | 4. | TAN WEI THENG | 13WBR09781 | 5. | YAM JIA PEI | 13WBR09779 | External Environmental Influence Government Regulation MCF grocery store follows the pricing policy given by the government. For example, the store is not allowed to sell the product higher than the maximum price given to earn more profit, and not selling them below the minimum price in order to attract more customers. Competitor The competitors of MCF Grocery Store include Tesco, Carrefour, Jusco. This is because customer can buy purchase things in one spot because these malls provide wide variety of products. However, our grocery store has its own competitiveness. It is convenience for PV16 residents. If they only want to buy a shampoo, they do not need to travel to Tesco just to purchase one product. Location There is only 1 MCF outlet, which is located at PV16, Setapak. Therefore, the store can only earn the sales and profit from PV16’s residents, since customers from other condominium cannot access to PV16 as they do not have the resident pass. Internal Environmental Influence Goals In MCF grocery store, profit is the major goal and other types of goal such...
Words: 1228 - Pages: 5
...The Blue Grocery Store warehouse manager is having a difficult time with personnel shortage during peak vacation months of the year. Mr. Arthur Reed is looking for a solution to work schedule, vacation time and temporary hire turnover. -Background- Mr. Arthur Reed who manages 2nd and 3rd shift is having a problem with his senior staff during vacation summer months. The staff and management team is not on the same skill level of communication. The majority of all the employees are complaining about lack of cooperation from the management to construct a better leave system. Mr. Arthur is having an issue with leave days. Senior personnel is taking leave during the same dates, causing a gap in employees that are present for work. He has tried several different methods to combat this situation. Hiring replacement workers for the short period is not in the best interest of the company budget, due to high to high turnover, union dues and needed equipment per temporary hire. This is causing stress and a lack of communication between the team. During these months Mr. Reed has express frustration to his employees. He has implemented several plans to ensure all employees will be able to maximize their vacation time using replacement workers to fill in for the sick or vacationing employee. The employees are not giving the system a fair chance. He is quickly finding that his plan was not best for the company financially. Mr. Reed conducted a meeting to hear the viewpoint of the rest...
Words: 1059 - Pages: 5
...Cub Food Stores – Unit 4 Exercise Team B The name CUB stands for "Consumers United for Buying" and was founded by Minnesota-based Hooley’s Supermarkets in 1968 and then purchased by SuperValu in 1980. Cub’s was one of the first total discount food stores in the United States. “CUB shoppers enjoy low prices on a variety of top-quality name-brand products and the freshest produce, meats, seafood and baked goods available. For total convenience, most CUB stores are open 24 hours a day and offer more than 35,000 items, full-service pharmacies and in-store banking.” (Supervalu.com, 2012) Cub’s is one of the many superstores in the United States that has directly affected the way consumers shop for groceries and household goods. Low prices, smart marketing, and sheer size encourage shoppers to spend far more money than they do in the average supermarket. (Peter & Olson, 2010) 1. List at least five marketing tactics Cub Foods employs in its stores to increase the probability of purchases. Cub stores stock double the selection of conventional stores, mixing staples with luxury, ethnic, and hard-to-find foods. The arrangement of the products within the store allows for consumers to give into impulse buying before they choose their essential items and reach their budget limit. The entry alley, also known as the power alley is lined two stories high and features discounted specials. The store’s ceiling joists and girders are exposed, giving the subliminal feeling of all the spaciousness...
Words: 909 - Pages: 4
...Peapod partnered with Jewel Food Stores to fulfill orders. In the beginning, Andrew, Thomas and their families did the shopping and packing and made deliveries with their own cars. (“Our company”) They joined the internet in 1996 when they created and launched their own website, www.peapod.com, they also made the Inc. 500 list of fastest growing privately held US companies. Peapod was associated with Jewel until 1999 when it opened a facility in Niles, Illinois, and started picking orders from there. Using their own picking center helped them control inventory and product quality. (“Our company”) In 2000, Peapod became a wholly-owned subsidiary of Royal Ahold, the international food provider based in The Netherlands, and pursued exclusive relationships with Ahold USA grocers, Stop & Shop and Giant Foods. Peapod was grown slowly and wisely by leveraging partnerships with other established companies. In mid-2001, when competitors like Webvan were going out of business, Royal Ahold purchased the remaining outstanding shares of Peapod, making Peapod the leader in the online grocery space. Since Peapod joined forces with Ahold they now serve more than 355,000 customers each year. (“Our company”) Peapod operates under a centralized distribution model with two formats: warehouses and warerooms (room where goods are kept or displayed for sale). Both provide next-day delivery, but warerooms, which are dedicated areas attached to Ahold USA stores, are primarily used in new markets...
Words: 812 - Pages: 4
...The enterprise app store Evolution in IT strategy WWW.WIPRO.COM Author: Prasenjit Bhadra, Principal Architect – Wipro Mobility Solutions From consumers to the work place: An App-t evolution Apple created a revolution with its app store. Consumers loved it. Naturally, other players are rushing in to meet consumer expectations. Vendors like Amazon, Google and Microsoft have begun to offer similar stores that have a self-service model. With the widespread adoption of mobility within enterprise, many consumers now want to see the same convenience and ease of use at the workplace that the online app stores offer. Can an enterprise afford to ignore the demands of its employees? Which enterprises will need their own Enterprise App Stores (EAS) and how will these stores operate? where it is used with a well-defined distribution protocol. Additionally, Today’s enterprise users, volunteered in driving enterprise-wide environment. If mobile apps and processes change one day, they mobility initiatives, have begun to demand simplicity of app portfolio should be able to roll out the change across the enterprise the very management. To support this demand mobile EAS is the solution. An next day. In many instances, if they fail, the impact could be from loss EAS is a customized in-house platform or infrastructure that lets users of revenues to attracting compliance and legal censure. Mobility SLAs securely download apps and updates on their...
Words: 2177 - Pages: 9
...Grocery Store Analysis The Super 1 Foods grocery store, located in the small town of Walla Walla in the southeast corner of Washington State provides an extensive and diverse selection of produce and supplies from which the locals, and those passing through town on busy 9th Street, can stop by to select from. The grocery store offers fresh produce (with a selection of that being organic), fresh meat and seafood, frozen foods, a special natural foods section called Huckleberries (which includes a bulk foods), a ‘Wine Cellar’, a bakery, a delicatessen, a Mexican section, and an assortment of isles with baking supplies, cleaning supplies, dairy, pop, chips, cosmetics, etc. The grocery store seems to be more than just a place to purchase things, however. It appears to be a place where - through carefully selecting food, supplies, and produce - individuals can express their values and determine their identity. Individuals are understood to be most satisfied with their purchases when they consciously weigh the decisions they make about their purchase, when they consider the pros, cons, associations and assumptions that go along with making that decision (Meyers, 51). The self-concept of an individual – and there for the self-image that they present to employees and other shoppers at Super 1 Foods - appears to be at stake as they move their way through the isles. This is particularly apparent at a grocery store as social and as diverse as Super 1 Foods. At this specific...
Words: 700 - Pages: 3
...Bebe Stores inc. Seems to be a very wealthy company and a couple of years ago they were doing very well in the industry. Lately the company seems to be going through a huge transition that has affected there company greatly. Some people would say that the decision to close the PH8 brand was a bad decision. Yes if you look at the short term it is a bad decision but in the long run this company will do a lot better. For the past couple of years the company has lost money because it cost a lot of money for the company to discontinue their PH8 division. What closing the PH8 division does is open up a lot of cash within the company which they plan to use on the expansion of their business over seas. Many countries like india are starving to be able to get stores like bebe into their country which means there is little to no competition which means a lot of customers at very high profits. Due to this due to this if they are able to afford to transfer into that market you can expect that this company will have a lot of revenue in their future. So someone might say on the cover it looks like this store is struggling but when you really look into the financials of the company its pretty much the opposite. There is a lot of upside in to this company and to this industry. This company cannot be compared to other company’s in the industry. They are going through many changes and if you were to determine if the company is doing good or bad just based on how other companies in the industry...
Words: 687 - Pages: 3
