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Dec 3, 2015Download as PPT, PDF1 like97 views

K-Mart was once one of the top retailers in the United States, but faced declining performance due to increased competition from Walmart and Target. K-Mart struggled to compete on price and variety of products. This led to bankruptcy in 1995. Efforts by a new CEO to invest in IT systems and introduce new product lines like Martha Stewart failed to turn the company around. By 2002, K-Mart declared bankruptcy again as Walmart announced record sales, showing the failure of K-Mart to adapt to competitive pressures.

12/03/15 1
K-mart:The Bleeding
Giant
Sharese Washington
Cedrick Wilkins
WAQAS ANJUM AWANWAQAS ANJUM AWAN
Organization and Management

12/03/15 2
Executive Summary
? K-Mart is one of the top retailers in the United States and
the number three discount-retailing store behind Wal-Mart
and Target.
? Kmart operated a total of 1,416 Kmart stores across 49
states, Guam, Puerto Rico, and the U.S. Virgin Islands.
? K-Mart had problems competing with other major retailers
and managing its supply chain.

12/03/15 3
Company Overview
? Established in 1912
? Delaware
? Started off with the name
S.H. Kresge that was
founded by Sebastian
Spering Kresge and John
McCrory.
? Grew from a Detroit five-
and-dime store opened in
1899.
? K-Mart has went from
only 85 stores to 2,114
stores.

12/03/15 4
Problem Statement/Key Issues
? Competition
– Wal-Mart
– Target
? Replacement of CEO
and BOD
? Bankruptcy
– Competition and
replacement of CEO
and BOD all led to the
downfall of Kmart.

12/03/15 5
Analysis
? Main issue was bankruptcy, In 1995.
? Customers increasingly switched to its
main competitiors, Wal-Mart and Target.
? Kmart was under attack from these two
competitors who had taken the initiative
and were providing customers with more
percieved value.

12/03/15 6
Analysis continued…..
? Competitiors offered a variety of products
that Kmart does not.
? Competition with itself
? Customers being dissatisfied with the
fluctuation in Kmart prices.

12/03/15 7
Efforts done by Kmart
? In 2000, new CEO Charles C.Conaway
took control and began to focus on how
Kmart coud better manage the forces in its
task enviroment
? Invested $2 Billion in new purchasing and
inventory control IT that would
substantially reduce cost.

12/03/15 8
Efforts continued......
? introduction of
Martha stewart
lines.

12/03/15 9
Efforts continued.....
? Introduction of "Blue
Light Special"

12/03/15 10
Results
? Conway's attempts to fight back against
Wal-Mart FAILED!
? In january 2002 Kmart declared chapter 11
bankruptcy just a Wal-Mart announced
record sales.

12/03/15 11
Conclusions
? Not only for profit organizations but also
for not-for-profit organizations have
customers, suppliers and competitors that
infuence and pressure the managers
because of the opportunities and threats
they create.

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K-Mart: The Bleeding Giantballaboi37

K-Mart is the third largest discount retailer in the US behind Walmart and Target. It operated over 1,400 stores but struggled with competition and management issues. These included frequent CEO replacements and a bankruptcy filing. Walmart and Target had significantly higher revenues and profits than Kmart. Recommendations to improve included changing the brand name, focusing on local communities, and franchising smaller stores. A merger with Sears was proposed to help Kmart become more competitive.

Organization And Management Kmartballaboi37

K-Mart is the third largest discount retailer in the US behind Walmart and Target. It operated over 1,400 stores but struggled with competition and management issues. These included leadership changes and a bankruptcy filing. Kmart also faced strong competition from Walmart, the largest retailer, and Target, who both reported much higher revenues and profits than Kmart in 2008. This document analyzes the downfall of Kmart and provides recommendations such as focusing on local communities and franchising smaller stores.

Organization And Management Kmartguest634b8da

K-Mart is the third largest discount retailer in the US behind Walmart and Target. It operated over 1,400 stores but struggled with competition and management issues. These included fluctuating prices that dissatisfied customers, lack of product variety compared to competitors, and multiple changes in CEO and the board of directors that led to bankruptcy. Recommendations included focusing on local communities, franchising smaller stores, and merging with Sears to potentially become the largest discount retailer.

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Sam Walton founded Walmart and changed the retail business model to focus on low prices, wide product selection, and customer satisfaction. Walmart is now the world's largest company by revenue, generating over $446 billion annually from over 11,000 stores worldwide. Under CEO Michael Duke, Walmart operates various store formats in the US and has expanded internationally through joint ventures in countries like Mexico, China, and India.

Wal mart's Al-azhar University - faculty of commerce

Sam Walton founded Walmart in 1962 and grew it into the largest retailer in the world. However, in the 1950s when he owned a chain of variety stores, he faced competition from regional discount retailers. Walmart has had huge success expanding across the US and in other countries like the UK and Canada. However, it struggled in some foreign markets like Germany and South Korea where it failed to understand local cultures and competition. Walmart continues to focus on expanding globally through new stores and acquisitions.

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This presentation provides an overview of Walmart, including: 1) An introduction to Walmart as the world's largest retailer, founded in 1962 in Arkansas. 2) Details on Walmart's history, business description, vision/mission/values, corporate strategy of market dominance and international expansion. 3) Analysis of Walmart's competitive strategies of low cost leadership and differentiation, as well as its business strategies centered around low prices, vendor relationships, and technology investment. 4) Criticisms faced by Walmart regarding its impacts on local communities, treatment of employees, and various legal issues. The presentation covers Walmart's operations, strategies, and criticisms in comprehensive detail over 12 sections.

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This document provides an overview and analysis of Walmart through a 12-point presentation. It begins with an introduction to Walmart, providing statistics on its size and scope of operations. The presentation then outlines the topics to be covered, including Walmart's history, business description, vision/mission/values, corporate and competitive strategies, SWOT analysis, five forces model, supply chain management, success factors, and criticisms. For each main topic, supporting details and explanations are provided through text, charts, and diagrams. The overall summary focuses on profiling Walmart as the world's largest retailer through analyzing its business model, strategies, and performance over time.

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SamwaltonPrathyush Raj K

Sam Walton founded Walmart and built it into the largest retailer in the world. He started his retail career at JC Penney and learned about merchandising. He then opened his own variety store in Arkansas. Walton believed in keeping prices low to increase sales volumes. He opened the first Walmart discount store in 1962. Through rapid expansion, Walmart became a publicly traded company. Walton emphasized excellent customer service and a partnership with employees. While highly successful, Walmart has also received criticism for its low wages and impact on local businesses.

02.11 Strat Wal MartManoj Patel

Wal-Mart has grown tremendously since the 1970s to become the world's largest company by 2003. Sam Walton actively learned best practices from others and fostered a strong culture between management and employees. Key to Wal-Mart's success has been its strategy of discount retailing through consolidation and developing supercenters in the 1980s. It has also made early investments in IT to support efficient inventory management. Wal-Mart has faced little threat from new entrants due to high barriers to gaining scale, and it has faced stronger competition from established players like Target.

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Sam Walton founded Walmart in 1962 and grew it into the largest retailer in the world. He was born in 1918 in Oklahoma and started his retail career at JC Penney before opening his own variety stores and then the first Walmart in Rogers, Arkansas in 1962. Walton believed in keeping prices low to increase sales volumes and profits. He expanded rapidly through the 1960s and 1970s before taking the company public in 1970. Walton emphasized communication and empowering managers and employees. He stepped down as CEO in 1988 but remained chairman until his death in 1992.

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K-Mart was founded in 1952 and at its peak was the third largest discount store chain in the US, operating over 1,200 stores. Headquartered in Illinois, K-Mart started as S.H. Kresge and was known for its "Blue Light Specials" sales. While it once had strengths like exclusive clothing lines and low prices, by the 2010s K-Mart was struggling due to weaknesses like low marketing budgets and ineffective supply chain management, facing threats from competitors like Walmart. The document discusses strategies K-Mart could employ to improve its position, such as leveraging its strength with urban minority customers and implementing better customer relationship management and information technology systems.

Walmart f500Basil John

Walmart is the world's largest company by revenue and operates discount department stores and warehouse stores. Founded in 1962 in Arkansas by Sam Walton, Walmart has grown to employ over 2 million people worldwide and serve over 138 million customers per week across over 11,000 stores globally. Walmart consists of several divisions, including Walmart stores, Sam's Club, and international stores, and has annual revenues of over $485 billion.

Wal-Mart Stores’ Discount operationsAJAL A J

Walmart Burcu Durmu?o?lu

This document provides an overview of Walmart's history and business model. It discusses how Sam Walton opened the first Walmart store in 1962 in small towns ignored by other retailers. It details Walmart's expansion across the US and pioneering use of technology. The document also examines Walmart's expansion into new retail formats like Sam's Club and entry into international markets. Several questions are posed about the sources of Walmart's competitive advantage, its ability to transfer advantages to new sectors and countries, and sustainability of its advantages against competitors.

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Wal mart (ppt)Kavinraj A G

Walmart is a large multinational retail corporation that operates discount department stores and warehouse stores. It has over 11,000 stores in 27 countries under 55 banners. Sam Walton founded Walmart in 1962 with a vision of saving people money so they can live better. The company has over 2 million employees worldwide and is guided by core values of integrity, opportunity, family and community, purpose, and responsibility. It aims to give customers low prices, a wide selection, and a pleasant shopping experience.

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Target walmartmalikumair56

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1. 12/03/15 1 K-mart:The Bleeding Giant Sharese Washington Cedrick Wilkins WAQAS ANJUM AWANWAQAS ANJUM AWAN Organization and Management

2. 12/03/15 2 Executive Summary ? K-Mart is one of the top retailers in the United States and the number three discount-retailing store behind Wal-Mart and Target. ? Kmart operated a total of 1,416 Kmart stores across 49 states, Guam, Puerto Rico, and the U.S. Virgin Islands. ? K-Mart had problems competing with other major retailers and managing its supply chain.

3. 12/03/15 3 Company Overview ? Established in 1912 ? Delaware ? Started off with the name S.H. Kresge that was founded by Sebastian Spering Kresge and John McCrory. ? Grew from a Detroit five- and-dime store opened in 1899. ? K-Mart has went from only 85 stores to 2,114 stores.

4. 12/03/15 4 Problem Statement/Key Issues ? Competition – Wal-Mart – Target ? Replacement of CEO and BOD ? Bankruptcy – Competition and replacement of CEO and BOD all led to the downfall of Kmart.

5. 12/03/15 5 Analysis ? Main issue was bankruptcy, In 1995. ? Customers increasingly switched to its main competitiors, Wal-Mart and Target. ? Kmart was under attack from these two competitors who had taken the initiative and were providing customers with more percieved value.

6. 12/03/15 6 Analysis continued….. ? Competitiors offered a variety of products that Kmart does not. ? Competition with itself ? Customers being dissatisfied with the fluctuation in Kmart prices.

7. 12/03/15 7 Efforts done by Kmart ? In 2000, new CEO Charles C.Conaway took control and began to focus on how Kmart coud better manage the forces in its task enviroment ? Invested $2 Billion in new purchasing and inventory control IT that would substantially reduce cost.

8. 12/03/15 8 Efforts continued...... ? introduction of Martha stewart lines.

9. 12/03/15 9 Efforts continued..... ? Introduction of "Blue Light Special"

10. 12/03/15 10 Results ? Conway's attempts to fight back against Wal-Mart FAILED! ? In january 2002 Kmart declared chapter 11 bankruptcy just a Wal-Mart announced record sales.

11. 12/03/15 11 Conclusions ? Not only for profit organizations but also for not-for-profit organizations have customers, suppliers and competitors that infuence and pressure the managers because of the opportunities and threats they create.

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