Swot analysis of bed bath & beyond
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Bed Bath & Beyond is a retail chain based in New Jersey that sells home goods and operates approximately 37,000 employees across the United States. It has strengths such as a large store network, diverse products, loyal customer base, and strong financial position. However, it faces threats such as increasing competition and costs. The document analyzes Bed Bath & Beyond's strengths, weaknesses, opportunities, and threats to inform strategic decision making.
Swot analysis of bed bath & beyond
- 2. Bed bath & beyondisa retail stores chain that sells merchandise assortments. They include home furnishings and domestic merchandise, giftware, food, beauty and healthcare items. It also sells toddler and infant merchandise. It operates in the United States and it is headquartered in Union, New Jersey. It has approximately 37,000 employees. http://www.premiumessays.net/
- 3. A skilled workforce Experienced workforce or business units Robust stores network Diversified range of products Continuous rise in the comparable sales from the stores Effective communication Growing base of loyal customers Continuous online growth Strong team of managers A strong position financially Excellent reputation management. Strong brand name http://www.premiumessays.net/
- 4. Competition from other retail stores such as Wal-Mart Little investments in development and research Decline in operating margins Geographic concentration Relatively weak growth of revenue Very high cost per output unit or absence of scale. http://www.premiumessays.net/
- 5. Expanding its operations to other places such as Canada. Acquiring other similar, small brands Increasing its expenditure on online retail in the United States. Exploiting new and emerging markets such as India and China. Expanding internationally Expanding its services and products. http://www.premiumessays.net/
- 6. Low profitability and growing competition from other retailers such as Wal-Mart Increasing operational costs Rising raw materials cost Regulations by the government Increasing interest rates Economic slowdown http://www.premiumessays.net/
- 7. It provides important data to the executive of this company. It also helps the management make effective decisions. For instance, information about the threats of this company is necessary for competitor and business intelligence needs. SWOT analysis indicates the external and internal factors that affect the company with a breakdown . The internal factors that can influence its operations. http://www.premiumessays.net/