Question
In: Operations Management
Discount retailers like Wal-Mart and Target have entered the market. But why have these made it...
Discount retailers like Wal-Mart and Target have entered the market. But why have these made it more challenging to make money for supermarkets?
Solutions
Expert Solution
Discount retailers like Walmart and Target has made it difficult for Supermarkets to make money because discount stores like Walmart and Target are hypermarket and they have more broad selection of brands and collection of products. Hypermarkets sell products at wholesale prices when they sell the products in bulk and more volumes. Thus hypermarkets give discounts to consumers and also encourage memberships to give further benefits. Hypermarkets are also known for providing more wide range of financial services to customers than supermarkets.
Most of the hypermarkets have their own private labels and brands that they sell on discounted rates and have more wide range of products and latest fashion trends. Hypermarkets are also known to have more marketing promotions and digital marketing events than supermarkets, thus making it more challenging for Supermarkets to make money. Hypermarkets have more extensive online e-commerce services, home delivery of products and customer services for their loyalty customers. Hypermarkets also have more global presence and are more popular globally that increases the scope of selling of products and services than supermarkets.
keosha answered 2 months agoRelated Solutions
Mass discount retailers entered the market since 1960s. A typical example is Wal-Mart. They originally (and...
Mass discount retailers entered the market since 1960s. A
typical example is Wal-Mart. They originally (and most of them
still) targeted at lower-income customers and offered broader lines
of products than department stores like the Macy’s and Sears. In
1960, the combined sales of discounters were $2 billion and that of
Wal-Mart alone increased to $218 billion for the fiscal year ended
January 31, 2001. While mass discounters continued to prospered,
another type of discounters were introduced in the early...
Mass discount retailers entered the market since 1960s. A typical example is Wal-Mart. They originally (and...
Mass discount retailers entered the market since 1960s. A
typical example is Wal-Mart. They originally (and most of them
still) targeted at lower-income customers and offered broader lines
of products than department stores like the Macy’s and Sears. In
1960, the combined sales of discounters were $2 billion and that of
Wal-Mart alone increased to $218 billion for the fiscal year ended
January 31, 2001. While mass discounters continued to prospered,
another type of discounters were introduced in the early...
Selected financial data of Target and Wal-Mart for 2017 are below (in millions). Target Wal-Mart Income...
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below (in millions).
Target
Wal-Mart
Income Statement Data for Year
Net sales
$65,357
$408,214
Cost of goods sold
45,583
304,657
Selling and administrative expenses
15,101
79,607
Interest expense
707
2,065
Other income (expense)
(94)
(411)
Income tax expense
1,384
7,139
Net income
$ 2,488
$ 14,335
Balance Sheet Data (End of Year)
Current assets
$18,424
$ 48,331
Noncurrent assets
26,109
122,375
Total assets
$44,533
$170,706
Current liabilities
$11,327
$ 55,561...
The Eastern Technology Company manufactures Weather Radios for sale to retailers such as Wal-Mart, Target, etc....
The Eastern Technology Company manufactures Weather Radios for
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The 2016 quarterly unit sales estimates and projected sales
prices per unit areas follows:
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Sales units
9,200
9,300
9,500
9,400
Price per unit
$90
$90
$90
$90
Also, note that that projected sales (and projected production)
for Quarter 1 of 2017 is 10,000 units.
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The company’s product requires two raw materials, resistors and...
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write a summary on the comparison of their Marketability ratios
Target: Market to Book: -30.24, PE Ratio: $14.80 , Dividend Yield:
0.090 Walmart: Market to Book: -17.07, PE: 40.86, Dividend Yield:
0.001
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Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Target...
Selected hypothetical financial data of Target
and Wal-Mart for 2022 are presented here (in
millions).
Target
Corporation
Wal-Mart
Stores, Inc.
Income Statement Data for Year
Net sales
$65,600
$410,000
Cost of goods sold
44,000
308,000
Selling and administrative expenses
14,600
75,000
Interest expense
690
2,100
Other income (expense)
(90
)
(420
)
Income tax expense
1,400
7,300
Net income
$ 4,820
$ 17,180
Balance Sheet Data
(End of Year)
Current assets
$17,000
$48,000
Noncurrent assets
26,700
120,000
Total assets
$43,700...
Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in millions). Target...
Suppose selected financial data of Target and
Wal-Mart for 2020 are presented here (in
millions).
Target
Corporation
Wal-Mart
Stores, Inc.
Income Statement Data for Year
Net sales
$65,357
$408,214
Cost of goods sold
45,583
304,657
Selling and administrative
expenses
15,101
79,607
Interest expense
707
2,065
Other income (expense)
(94)
(411)
Income tax expense
1,384
7,139
Net income
$ 2,488
$ 14,335
Balance Sheet Data (End of Year)
Current assets
$18,424
$48,331
Noncurrent assets
26,109
122,375
Total assets
$44,533
$170,706
Current...
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