Wednesday, May 6, 2020
Dillard s Inc. Case Study - 1105 Words
Introduction Dillard department stores is one of the smallest retail chains in the nations, however, it is still a widely known department store. Dillardââ¬â¢s Inc. is a family owned and operated company which gives it some competitive edge over the larger, investor owned retail chains. The company operates about three hundred brick and mortar retail stores and about twenty-five discount stores in the United States. These stores are scattered throughout 29 states; mainly in the southeast, southwest, and Midwest. In addition to their physical store locations, Dillardââ¬â¢s Inc. ships to countries around the world through its website, Dillardââ¬â¢s Inc..com. Dillardââ¬â¢s Inc. also owns CDI Contractors, which is a construction firm that builds and remodels the companyââ¬â¢s department stores. In addition to these business endeavors, the company owns several small online retailers such as countryoutfitter.com and scrubschopper.com (vault.com, 2016). The companyââ¬â¢s stocks are li sted on the New York Stock Exchange under the symbol DDS (Dillardââ¬â¢s Inc..com, 2016). The company has a current market capital of 2.88 billion (NYSE:DDS, 2016). SWOT Analysis SWOT Matrix Strengths â⬠¢ Strong brand recognition â⬠¢ ecommerce Weaknesses â⬠¢ Market positioning â⬠¢ Geographic concentration Opportunities â⬠¢ Global market â⬠¢ Business restructuring â⬠¢ Expanded discount outlet chains Threats â⬠¢ Competition â⬠¢ Economic conditions Strengths Dillardââ¬â¢s Inc. is one of many retail outlets operating in the United States that deal inShow MoreRelatedFive Performance Objectives of Ritz Carlton and Travelodge5446 Words à |à 22 PagesOPERATIONS MANAGEMENT CASE STUDY: THE RITZ CARLTON AND TRAVELODGEââ¬â¢S FIVE PERFORMANCE OBJECTIVES Isabel Maria Arroyo Moreno Student ID No.: A10BH014695FE Operations Management Module BSc Business Management with HR Greenwich School of Management BACKGROUND The present report will explore the differences and similarities between the budget hotel chain Travelodge and the luxury hotel chain Ritz Carlton through the analysis, contrast and comparison of the five performance objectives or elementsRead MoreNordstromââ¬â¢s Success1885 Words à |à 8 PagesNordstromââ¬â¢s Success Beata Anna Kolankiewicz Principles of Marketing-MKT 100 Dr. Ella Carter November 27, 2011 Strayer University Nordstromââ¬â¢s Success 1. 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