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Published byRegan Pembleton Modified over 10 years ago
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Sears Holdings Sears Holdings Kody Harper Jie Lian (Jet) Enkhtamir Otgondemberel Jon Hoffart Stephen Ngunjiri
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1886 - Sears company founded 1887 - Alvah Roebuck 1889 - Sold watch business 1893 - Sears Roebuck and Company 1906 - Publicly traded
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1925 - First store opens 1980 - Acquired other companies 1993 - Sold Sears Tower 2003 - Sold Discover Card 2005 - K-mart purchases Sears
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Current Profile ◦ 9 th Largest retailer ◦ Annual Revenue $50 billion ◦ Operates 3,900 retail outlets Future Profile ◦ Develop online sales ◦ Lower prices ◦ Sell more private label products
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Strengths: ◦ Merger of Kmart & Sears ◦ Adaptation of sales strategies ◦ Strategic store location Weaknesses: ◦ Executive departures ◦ Poor sales
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Opportunities: ◦ Venture into foreign markets ◦ Innovation and mergers ◦ Increase private labels Threats: ◦ Competition ◦ Decline in customer demand ◦ Depression of equity market
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Retailer type ◦ Department Store JC Penny, Macy’s, Sears ◦ Discount Store Wal-Mart, Target ◦ Off-Price retailer Ross ◦ Specialty Store Home Depot
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Current Profile ◦ 12% of employment in US ◦ 3.8 trillion in sales revenue in 2009 Wal-Mart – 404 billion in 2009
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Future trend ◦ E-Commerce ◦ Product Cycle ◦ Demand
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Wal-Mart Stores, Inc. Kohl’s Corporation Home Depot, Inc.
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Established in 1962 2.1 million employees Supercenter, neighborhood market, discount store Abundant capital, business model, global operation, sales strategies
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Formed in 1962 Middle income group of people Family oriented products 1,000 stores in 48 states ◦ 126,000 employees ◦ 16,389 million revenue in 2009 Efficient inventory management
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Formed in 1978 World largest home improvement retailer 2,234 stores ◦ 322,000 employees ◦ Revenue exceeded 71,000 million in 2009 Professional, private brands, special deployment center
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“Shop Your Way” ◦ Revolve around customer Many ways to shop ◦ Traditional stores ◦ Online ◦ Mobile devices “Sears Blue Crew”
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Online Stores ◦ Open 24/7 ◦ Customization ◦ Complements ◦ Sears.com Sears.com Traditional Store ◦ Hands on experience ◦ Compare products side-by-side
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Mobile Devices ◦ Sears2go ◦ Applications iPhone Blackberry ◦ Special text offers
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“Sears Blue Crew” ◦ Find the lowest price ◦ Searches multiple competitors ◦ Real-time price checks ◦ Rebate submission Different Types ◦ Appliance ◦ Electronics ◦ Fitness Commercials
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Web site design Web site language options TV advertisement
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Expansion to emerging markets Efficient distribution channel Integration of brands
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Good portion of market share Creation of Sears “Blue Crew” Focus on recommendations
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