Shoe stores, people love them hate them but cannot keep away from them. Let’s be honest everyone loves shoes. Two big shoe stores at the Mall are Champs and Footlocker these stores are notorious for having the newest styles, trends and up to date freshest shoes. These two stores are very similar in some aspects but in some are very opposite varying in their placement of merchandise,sales, price’s, staff, and appearance. But in overall it comes down to who has the best sales and customer service which both are very similar. There are many similarities between Footlocker and Champs. Which are a very abundant variety of shoes from all major brands such as Nike, Adidas, Jordan Air, Puma, and New Balance. Another example of their similarity
Foot locker, Inc. is an American sportswear and footwear retailer that operates in about 20 countries worldwide. Foot Locker, once formerly known as Venator Group, Inc., is the successor corporation to the F.W. Woolworth Company. Foot Locker operates a series of athletic footwear retail outlets such as Kids Foot Locker, Lady Foot Locker, Champs Sports, Foot Action USA, Eastbay, and footLocker.com. Foot Locker is traded on the NYSE under the ticker symbol FL and according to the SEC had 3,921 mall-based stores worldwide. Between 1963 and the 1980s the corporation diversified its portfolio of specialty shops. F.W. Woolworth Company purchased Kinney Shoe Corporation and operated it as a subsidiary; Kinney later branched into specialty shoe stores, including Styles, Susie Casuals, and Foot Locker. The company’s aggressive strategy was if a particul...
Present day Federated consists of both Bloomingdale’s and Macy’s stores and operates in 34 states as well as Guam and Puerto Rico. While Bloomingdale’s and Macy’s provide both private and national brands and are similar in merchandising categories (men’s, women’s and children’s apparel, home décor, shoes, beauty, and accessories), they differ greatly in culture. Bloomingdale’s, being more upscale, targets consumers that are more concerned with trend and quality than they are price. Macy’s targets the more value oriented consumer and represents a broader Federated clientele. Macy’s represents 423 of the 459 Federated locations while Bloomingdale’s represents only 36 locations. Because I can better relate to the value conscious consumer of the Macy’s division and because they represent such a large portion of Federated, I will further explore their current characteristics and behaviors that suggest that they possess qualities of both monopolistic competition and oligopolies.
Famous Footwear is a leading countrywide chain of trade stores in the United States which deals in branded footwear, normally at low prices which they get from manufacturer's recommended prices. It was founded in the year 1960 as a single store, "Famous" is famous for being a pioneer and champion of the trend towards the trend of discount shopping malls in America. The chain is at present a part of the St. Louis-based Brown Shoe Company and has more than 1,125 storefronts in 2010. By the October of 2010, Famous Footwear had around 1,126 retail stores in the United States, which includes 947 Famous Footwear stores and 179 thematically structured outlet stores. The company plans to shutdown 126 underperforming stores by the end
In the robust business industry today, rivalries are prominent. Each company tailors themselves to be the best. Shaping their products, their stores, all to be better. To beat the rest. Department stores often get overlooked for rivalries. They are not as broadcasted as Nike and Adidas, or McDonalds and Burger King. But J.C. Penney’s and Sears, are both as vicious.
Price: They have pricing strategy for different group of consumer. The price of their shoes varies depending on the type of the shoes, the feature of the shoes, and even design and edition matter. The shoes can be price at a standard price where most customers can afford. Yet some special feature shoes are specially design and created for premium customer who can afford to pay a higher price. For this reason they can capture different group and level of customer.
My company of choice for this report is Macy 's. 'The Magic of Macy 's ', as the company advertises it, has inspired me to shop there, take advantage of their incomparable discounts and great online shopping experience. Macy 's, Inc. is one of the largest department store chains in the United States of America. Macy 's manages stores under the Macy 's and Bloomingdale 's brands. I enjoy shopping at both of the company 's store brands, Macy 's and Bloomingdales. Bloomingdales provides a more personalized experience
Just for Feet Inc. was a renowned sportswear and athletic shoes company that was based in Birmingham, Alabama. From a simple start in the year 1977, the firm grew to be one of the largest retail companies in athletic shoes and sportswear for the better part of its existence. The firm grew due to its attractive strategies that it applied. In an attempt to identify with its primary market, the firm had a basketball court located in each of its stores or in a fenced courtyard nearby. To compliment on the basketball effectiveness, the firm occasionally invited professional athletes to appear in these courts and the stores. As a result, the presence of these athletes attracted a large volume of shoppers. Furthermore, the firm played loud rock music in stores and also had a large bank of video monitors that enabled its customers to watch live sporting events which kept the customers entertained. As a result, the entertainment created the necessary link with its customers (Reynolds, 2011: White, 2013). To further enhance its customer experience, the firm had created a
In general merchandise retailing, Wal-Mart’s primary competitors are Target and Kmart. Retail superstores such as Circuit City and Bed, Bath, and Beyond, also provide retail competition. A survey found that the majority of respondents favored Wal-Mart over stores like Target and Kmart. Respondents claimed Wal-Mart offered lower prices, better variety and selection, and good quality. The needs of consumers is an important economic feature in all competitive environments. What attributes (price, variety, quality, etc.) prompt buyers to choose one retailer over another is very important in the competitive landscape.
Shoe Carnival sells a wide variety of footwear, in categories such as men’s, women’s, children’s, and athletic. Along with selling shoes, the company also sells different accessories including wallets, purses, and socks. What sets Shoe Carnival apart from its competition, however, is The Shoe Carnival Concept. Each store across the nation, has its own microphone announcer. This announcer yells out specials over the microphone for customers to hear. Some of these specials include discounts, special information about a product, and other fun deals that encourage their customers to make more purchases (Retailer Merchandiser).
1. Super Shoes is a popular retailer that sells a wide selection of shoes for women, men, and kids, casual coats, medical scrubs, and hats. Visitors on Supershoes.com will find their products from jeans to caps and compression socks to stethoscopes easy-to-find in their well-organized categories. Visitors will also appreciate that on Supershoes.com they will find high-quality merchandise from dozens of the most sought after brands including Gloves International, Dockers, Willow Brook, and McCoy Medical.
Another item to consider between the two stores is the quality of the products being offered.
Offering the ideal services to the consumers guarantees the corporation customers loyalty as well as satisfactions. Along with customers’ devotion, the supply of quality services additionally draws in other clients that are going to furthermore want to purchase from the firm. Through this, the organization will probably generate more income compared to any other shoe selling organization in the entire nation of
This project concentrates on the Nike Sports shoe; Nike is one of most significant shoe manufacturing company worldwide. Sportswear manufactured by Nike is known for quality and is most liked brand of athletes. (Daniel, 2011)
There are many products in each product line because a trendy company like Steve Madden offers many different styles of shoes. Flat shoes, boots, heels, and super high heels. Every season the styles and colors change for the shoes that they sell and the older styles go on sale. The Brand name for the company is Steve Madden and their brand mark is the name in the circle. The name is in the Brand Mark so that it is always clear what company the brand mark is talking about. You can never get confused with what company makes the shoe or posted the ad because the name is always on it. The company has been continuing moving forward. There may have been some rocky points, Steve Madden knows exactly how to continue running strong. What competition is there? None.
Variety is another advantage of the mall. There are specialty stores, such as candle stores, bath and beauty stores and music and video stores. These are the anchors of the mall, and the mall provides "odd stores" for those eccentric shoppers who are looking for different items.