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Cabela brands success story
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Recreational Equipment, Inc. (REI) loves to be outside, loves to play and they know first-hand how important it is to have quality outdoor gear. With a 100% satisfaction guarantee REI stands behind its award winning products. REI strives to reduce environmental footprints, they support nationwide efforts to clean beaches, restore local habitats and to build trails. The now largest consumer cooperative began as a group of 23 climbing buddies. REI roots remain firmly planted in the outdoors. Whether you are interacting via the web, phoning REI or visiting one of their many stores across the country, REI’s passion for the outdoor adventure is clear. Since FORTUNE magazine’s started its 1998 ranking of the “100 Best Companies to Work For”, REI has earned a place on that list yearly. REI has worked had to earn and keep their reputation of integrity and quality. For a lifetime of outdoor adventure and stewardship, REI work to educate, inspire and outfit the world (Recreational Equipment, Inc., 2016). Cabela’s …show more content…
While selling fishing flies in 1961 Dick Cabela somehow inadvertently start what we today as Cabela, the world’s foremost outfitter of hunting, fishing and outdoor gear. By 1969 Cabela’s was operating out of a 50,000 square-foot building in Sidney,
Cabela’s place strategy enables customers to shop the company’s seventy-one retail stores located in the US and Canada. In-store customers can purchase at the store or shop online at in-store kiosks and catalog desks. In addition, online and mobile customers can shop from anywhere by accessing Cabelas.com and Cabelas.ca, while catalog shoppers can order by phone or online.
While the positive economic turnout has increased the spending habits of most Americans, the recession has resulted in a consumer that is cautious of how they spend their income. Like every consumer now than ever they want excellent customer service. Retailers like REI who meet these demands will be on top of the economic chain.
The defense of our nation and its allies across the globe is essential to the success of the world we live in. The methods in which this defense takes place varies in many different ways, in air, on land, and at sea. Within our nation lies some of the largest defense organizations on the face of the planet, most, if not all, of which strive to protect the United States of America in all arenas. One of these organizations is Northrop Grumman. Northrop Grumman is one of the largest global aerospace and defense technology companies in the world. The company employs over 68,000 employees worldwide, and was named as the fourth-largest defense contractor in the world in 2016 (Forbes, 2016). It grossed over $23.526 billion in 2015. Northrop Grumman
Bass Pro shop started as an 8-foot-long display area in the back of a liquor store in 1971 and has expanded into a Fortune 500 company that employs over 8,800 employees and has annual sales estimating somewhere around $1.25 billion today. The question at hand is: should Bass Pro Shops continue to expand, and if so at what rate should they? The primary problems they might face when expanding are as follows. Could expansion hurt their brand image and if so how? The Competition outside of Missouri is going to be much greater. They will not have the publicity and brand recognition as they do in Missouri. Does Bass Pro have the financial resources in order to open new stores, if not then what are some options they can exercise? Will Negative publicity threaten their brand image as they continue to grow? Is the cost of overhead going to be too high initially for Bass Pro to expand at a fast rate, if so then at what rate should they expand yearly? These are all problems Bass Pro is going to have to face in the future. Through research and extensive problem solving, they will be able to make an accurate decision on rather they should expand.
Lowe’s Companies, Inc. is the fourteenth largest retailer in America, and overall the world’s second largest home improvement retailer. They are the 108th ranked corporation on the Fortune 500 top corporations list. With an impressive in store stock of 40,000 home improvement items on hand, ranging from lumber to Home décor items, plus an additional 400,000 home improvement items available through a special order program. Lowe’s provides a onetime stop for all home improvement needs, for both the Do-It-Yourselfer, and the ever-expanding market of the Commercial Business Customer.
Weyerhaeuser is a company that is based solely on trees. Literally every aspect of the company is based around producing, cutting, studying benefits, or has something to do with trees. The local brand here is magnolia is focused exclusively on the process of seeds, planting of seeds, and relocation of saplings. They have orders placed with them and in turn place orders to get what seed they do not already grow and produce. They turn the seed they get or already have and start a baby tree and resale or plant those trees.
Every year Fortune Magazine lists the 100 best companies to work for. Who wouldn’t want to work at one of these companies? However for many, me included, just having a job is a relief. The current economic crisis has had a serious effect on unemployment and many people are looking for a job to make ends meet and they’ll take what they can get right now. Those of us who are lucky enough to be employed feel lucky to still have a job in this economy.
The soft factors can make or break a successful change process, since new structures and strategies are difficult to build upon inappropriate cultures and values. These problems often come up in the dissatisfying results of spectacular mega-mergers. The lack of success and synergies in such mergers is often based in a clash of completely different cultures, values, and styles, which make it difficult to establish effective common systems and structuresBased on the case study, extensive research and annual reports of AT&T the writer has mapped AT&T in the different domains. AT&T should strive to attain a perfect circle as close to the centre as possible, which indicates total synergy, order and equilibrium. Where the circle is skewed drastic change is needed as it moves closer to the outer ring of chaos:
Polaris’ corporate strategy is to drive down costs in the recreational vehicle market but to also produce high quality, reliable vehicles. They are looking into focusing more globally especially in emerging markets. Polaris is recognized nationally for our superb customer service and this is something they plan to continue.
Columbia Sportswear Company (Columbia) is a leader in the competitive active outdoor apparel industry. A company propelled by their differentiation strategy, leveraging innovation, brand equity, and strong marketing in the design, manufacture, and distribution of outdoor apparel. Columbia’s product lines include everything from outerwear and footwear to camping equipment and skiwear. It has grown from a small hat company in the 1930’s into a company with a global strategy and a physical and online presence spanning Asia, Latin America, Africa, and Europe.
The fundamental business strategy of Zara is very simple which is linking customer demand to manufacturing, and liking manufacturing to distribution. Zara has been running their business in fashion industry which is susceptible to seasons and quick changing customer tastes. Zara has been approached to and considered their business as a perishable commodity business just like a fresh baked cake or bread to be consumed quickly.
Thirdly, the company is committed to delivering superior quality of products and services. It earned a reputation of a convenient and reliable brand that offers the lowest prices, one of the fastest and lowest shipping, widest selection of goods, and many additional features with its services.
Recreational Equipment Inc. (REI) is considered to be one of the largest America consumer co-operatives. The company focuses mainly on training, outdoor outfit, recreational equipment, and other camping/hiking accessories. They currently operate in approximately 53 stores and in about 23 states in America today. Some of the service they provide includes hiking training, outdoor encouragement from expert experiences, and occasional programs that enables consumers to try some of their products before acquiring them. These services are provided regardless of seasons. A couple of years ago, the company decided to launch the REI app that derive outdoor activities sports and encompass numerous activities to attract consumers, which includes: promising high value products, built high end brands, and creates a ground breaking recreational programs.
All in all, the Ralph Lauren Corporation is established in all categories, factors, and levels of the fashion Industry. Ralph Lauren, who once started in New York as a tie salesman, has grown his brand to be one of the most well known clothing companies in the world. Men’s sportswear is inarguably one of the most important aspects of his company because it is a classy and traditional style of dress for the everyday man. It allows men to wear clothes that best suit them with a designer name that is universally known. Ralph Lauren merchandise is designed, advertised, manufactured, sold, and produced in large scale ways that a beginning designer in the men’s sportswear area would surely be intimidated by. Ralph Lauren leads a company that is always changing with the trends while keeping the traditional look the world knows him best for.
Supporting Point: Variety of companies including Toys”R”Us, Michael Kors, and H&M are active donors of this organization and has received great recognition.