Throughout the article, “The Great Twinkie Comeback; By The Numbers,” there are an abundant amount of facts about the Twinkies before and after they went bankrupt. Many of these however, show that their comeback was beneficial. By the numbers, ‘the great Twinkie comeback’ was a worthwhile endeavor because of company worth, jobs, and market penetration. First, the comeback of this company was worthwhile because of it’s company worth. As mentioned in the article, “410 million dollars was the price that ‘Apollo Global Management’ and ‘C. Dean Metropoulos and company’ paid for the Hostess Cake division.” This shows that investors want to invest in the company because these two hot shot companies are showing confidence in Hostess. Also, the Twinkies were off the market for eight months after, …“having failed to reach a deal on a new contract with its striking bakers.” These eight months were spent in idle mode for this large company when it could be producing more companies. With these eight months not producing investors started to lose interest even though the public is still roaring over this. In addition, having failed to make a deal with bakers this shows that Twinkies are not appealing to bakers to produce, even though it is apparently “Americas favorite snack.” These facts are a negative weight to the company worth if Appollo and Metropoulos hadn't stepped in and had interest in the ‘indestructible snack’, overall been underdogs in saving the Twinkie and launching it into a successful comeback. In addition, the Twinkie Comeback was a worthwhile endeavor because of the increase in jobs. For instance, in November of 2012, 18,500 people, hard workers of the Hostess corporation lost their jobs due to the bankruptcy of the Hostess... ... middle of paper ... ...ws that Americans and people worldwide have easier access to this irresistible pastry by the stores having the ability to leave the treats on the shelves longer. Another example of this market penetration is the online market for a Twinkie. as ‘U.S News & World Report’ spotted on ebay, “$5,000, top asking price for a single Twinkie. ‘This is your opportunity to own a piece of history, a delicious piece at that,’ the seller wrote.” This again shows that the interest/ market penetration, of the Twinkie has increased rapidly and suddenly. The comeback of this snack has brought this famous treat back into the lives of lovers and hungryAmericans nationwide. In the end, the numbers have shown that the Twinkie comeback was indeed great. Also, that by the numbers, “The Great Twinkie Comeback” was a worthwhile endeavor because of company worth, jobs, and market penetration.
Looking into a brief history of how the Tim Hortons franchise became what it is today, Tim Horton opened his first restaurant in 1964 in Hamilton Ontario. Tim Hortons had the focus to sell top quality, always fresh product with great value and service. This first store started off with only coffee and two types of doughnuts, Apple Fritter and Dutchie. In 1967, Tim Horton joined with Ron Joyce becoming full partners of the newly formed company. After Horton’s tragic death in 1974, his wife sold her husband’s share of the company which had now expanded into 30 restaurants, to co-owner Ron Joyce for one million dollars. She quickly regretted the decision and tried to overturn afterward, but was unsuccessful in doing so. As of today Ron Joyce has taken the small coffee and doughnut restaurant and transformed it into a multibillion dollar franchise, made up of 4304 ...
of Philip Morris, said “People could point to these things and say, ‘They’ve got too much sugar, they’ve got too much salt […] well, that’s what the consumer wants, and we’re not putting a gun to their head to eat it. That’s what they want.” (Moss 267) However, consumers are being unconsciously forced to fund food industries that produce junk food. Companies devote much of their time and effort into manipulating us to purchase their products. For instance, Kraft’s first Lunchables campaign aimed for an audience of mothers who had far too much to do to make time to put together their own lunch for their kids. Then, they steered their advertisements to target an even more vulnerable pool of people; kids. This reeled in even more consumers because it allowed kids to be in control of what they wanted to eat, as Bob Eckert, the C.E.O. of Kraft in 1999, said, “Lunchables aren’t about lunch. It’s about kids being able to put together what they want to eat, anytime, anywhere” (Moss 268). While parents are innocently purchasing Lunchables to save time or to satisfy the wishes of their children, companies are formulating more deceiving marketing plans, further studying the psychology of customers, and conducting an excessive quantity of charts and graphs to produce a new and addictive
TCBY has been a frozen treats product innovator from the day its first shop opened in Little Rock, Arkansas in 1981. The great-tasting, low-fat frozen yogurt concept received an enthusiastic response from an increasingly health-conscious public. Its trendy new product propelled the company to the forefront of franchising, and was the ‘first in a long line of ground-breaking menu items that anticipated consumer preferences and continually refreshed the TCBY concept’ (Conlin 2001, p. 133). But TCBY products are just one of the reasons that thousands of operators have concluded that a TCBY franchise is the preferred opportunity in branded frozen treats, and a dynamic partner in any co-branded concept. However, TCBY is facing a lot of problems, both internal and external, during the difficult period from the late 1980s to the early 1990s, especially the problem with its franchising system. The purpose of this report is to provide a comprehensive situation analysis of TCBY, with special reference to its franchising system, and identify several concerned issues of TCBY and its franchisees, and how these issues have negatively affected the relationship between them. Furthermore, this report also provides three recommendations in the attempt to diminish these concerned issues and better maintain the relationship between TCBY and its franchisees, and most importantly, help TCBY to increase the company’s performance and achieve their strategic goals in the next few years.
Post Cereals was the first company to come up with the idea for a pastry that would later inspire Kellogg's Pop-Tarts. In the early part of the 1960s, Post began developing a method of packaging dog food in foil in order to keep it fresh and avoid refrigeration. They began applying this method to food for human consumption and created a new breakfast pastry that could be prepared in a toaster and would complement their already popular cold cereals. The announcement of this new breakfast pastry, which Post had decided to call “Country Squares,” came in 1963. Because the product was released so hastily, however, one of Post's biggest competitors, Kellogg, was able to come up with their own version and release it six months later. Even though Post had released their Country Squares prior to Kellogg's version, their sales were lackluster. Many believed that this was due in part to their name. In a time of progressive pop culture, the name Country Squares could be seen as a backward way of thinking. The developers working on the proje...
§ Frito-Lays were a highly profitable product line and had show phenomenal sales growth in the past five years.
After conducting a basic 10 year financial analysis of the company, it has become evident that even with a highly competitive market structure they are able to improve on their performance. Ranging from 2004 to 2013 financial information, the company has shown a significant increase in their sales revenue roughly $3865 million sales in 2004 to almost four time that valuing $12970 million in 2013, which was an “increase of 10.4% over the 53 week prior year” The company’s growth strategy has been to diversify its product market and make them...
Harnischfeger’s corporate recovery plan was a four pronged approach that involved (1) changes in top management, (2) cost reductions to lower the break-even point, (3) reorientation of the company’s business and (4) debt restructuring and recapitalization. These changes at first glance appear to have allowed Harnischfeger to improve its financial performance from a net loss of $3.49 per share in 1983 to a net gain of $1.28 per share in 1984. In addition, Harnischfeger has appeared to have achieved a majority of its desired outcomes from each of its four changes as shown below.
Thompson, Arthur A. "Panera Bread Company in 2012 Pursuing Growth in a Weak Economy." Thompson, Peteraf, Gamble, Strickland. Crafting & Executing Strategy. New York: McGraw-Hill/Irwin, 2014. C-96-C-113.
Although United Cereal’s products are diversified into many different types of foods and beverages, its main source of revenue remains the breakfast cereals market. The real challenge of this market is clearly seen in the European market, where the national tastes and breakfast traditions vary between countries. As a result, its approach in Europe is more complex than in the United States, which causes higher costs and slower processes.
As successful as Hershey’s is, some factors have influenced set backs for the company. Devaluation in Brazil, Russia’s economic collapse, restructuring in China and the Asian financial crisis. World economics effect the Hershey’s company as well. Another closer to home setback occurred with a pasta divestiture. Evidently they tried a new venture in the pasta industry, but sold it because it just wasn’t making enough money.
Many Wall Street analysts considered Krispy Kreme to be overvalued. Analysts said in April 2000 the stock was destined for the $15 to $20 share range at best, which is where most known food related stocks are located. Instead it had been hovering at a value of $40 a share for most of the year. The stock rose to a high of $54 and many analysts doubted Krispy Kreme's strategy and potential growth merited a stock price nearly 70 times projected 2002 earnings per share. I agree with the statement "the numbers just don't work."
While Coors was initially the leader in proactive innovation in the industry, the period of 1975-1985 was filled with business model decisions that were thoughtful and controlled, but they were too slow to implement in comparison to their competitors. They started this decade of turmoil with a volume drop of 4% in 1975 by selling only 11.9 million barrels as opposed to the previous year’s 12.3 million barrels. For a company that started with exponential growth in the brewing business, Coors surprisingly fell behind entering markets that their competitors were dominating in the meantime. The longer they took to enter the sector, the light beer market for example, the more market share they lost. Their nationwide expansion took far longer than their competitors as well. All major beer brewery distributors in the industry reached 50 states by 1985 except for Coors. The overall loss in the U.S. market from their slow expansion was totaled to 21%. This was not promising especially for a company who used the cost-leadership approach according to Porters Generic
For one of my selections for buying stock, I invested into Starbucks, this company has attracted me with their wonders of different coffees, and I knew many others were interested in the very popular coffee company. Starbucks all started 1971 in Seattle Washington. With three men which were Jerry Baldwin, Zev Siegel and Gordon Bowker each of them put in one thousand three hundred and fifty dollars along with a barrowed five thousand from the bank to start up there small coffee shop in pick place market, witch is located in down town Seattle. The name for this company was inspired from the character Starbuck from Moby Dick; this character was a coffee lover. There close friend designed there well known logo. These men never thought of this small company to get large they just thought of it as a small coffee shop. Out of all three men Siegel was the only one that work at it full time. The men depened on a man named Alfred Peet for there coffee beans but soon then started there own blends of coffee beans. With in a year opening the first store they were able to open a second store. When the 1980’s rolled around, it was a thriving company, in the Seattle area. However, the co-founders began to have other interests and were involved in other careers simultaneously. Despite that, the company was about to undergo a major turning point. A man by the name of Howard Schultz started to pursue an interest in the company. He noticed that the coffee shop had a wonderful environment. He started asking a questions and becoming more and more interested by every moment. He loved how the founders had so much knowledge on the coffee and each blend. In 1982, Schultz became director of retail operation. This was just the start to a new phase with the company.
McDonald’s Golden French Fries, KFC’s Tender Chicken, Subway’s Scrumptious Subs, Taco Bell’s Mouth-Watering Tacos, all of which and more Americans devour on a regular basis. Though food items such as Tacos and Hamburgers were introduced in the late 19th century- early 20th century, fast-food restaurants however did not come into existence till’ early 1920’s. The first fast-food chain was opened in 1921 in Wichita, Kansas. They opened up selling burgers, fries and cola all for a mere price of 5 cents. Fast-food restaurants however did not become popular until after World War 2, when America officially becomes a fast-food nation. White Castle’s founder Walter Anderson’s business model was to have limited amount of choices in immense volume at a low cost. On top of this, the new hamburger restaurants were to serve their customers at lightning quick speed. All of which that creates the business models of fast food franchises, all over the world today. On the other hand the McDonald brothers introduced the method of making food at a low production cost. Making the food the customer eat low quality but still be giving costumers mouths tastes of heaven. Millions of Americans everyday munch on fast-food; although a vast number of Americans detests the fast food industry argue it has led to obesity and frailty in America. On the other hand numerous Americans argue saying that the Fast-food chains have boosted the unstable American Economy and continues to produce jobs compared to many America corporations who outsource their jobs. This brings up the question, is the fast food industry a devil or angel to this fast food nation?
Hunsk Engines is a motorcycle company that made the fatal mistake of expanding its research in the market on its new products. The companies main competitors were companies like Harley Davidson, where they sold classic products that were seen as something with altering respect. Marty Echt is hired on by Hunsk Engines to restore the company’s image, on what used to be classic motorcycles. He argues that the company made the mistake of forgetting about its original products and, “lost its identity”. This problem frequently happens when companies attempt to grow, in order for new products to make it in the market place you have to carefully strategize its competitive characteristics and know when to introduce a new product through Michael Porters life cycle.