This paper intends to analyze the scope of Dollar General Stores’ expansion to Britain.Dollar General Corporation is the United States’ largest small box discount retailer headquartered at Goodlettsville in Tennessee. The corporation operated over 9,300 stores in 35 US states as per the data of January 2011…
Download full paperFile format: .doc, available for editing
Extract of sample "Company analysis on Dollar General Stores expanding into Britian"
Download file to see previous pages
The first Dollar General store opened in 1955 at Scottsville in Kentucky was based on the central concept that all items in the store would cost less than one dollar (“The founding family”). Within two years of it business commencement, the organization earned an annual sales of $5 million from its 29 stores. Four years after the death of the co-founder J.L. Turner, the company went public as Dollar General Corporation with more than $40 million annual sales and net income in excess of $1.5 million. In 1983, the company acquired the 280 stores of the P.N. Hirsh Division of Interco, Inc and subsequently in 1985, the company added 206 stores and warehouse of Eagle Family Discount Stores by another acquisition process.
The recent practices show that the company is constructing more stand-alone stores in remote areas where another general merchandise services are not reached. The most attractive feature of the Dollar General is that it offers both name brand and generic merchandise within the same store or even sometimes on the same shelf. The company mainly competes with national chains Family Dollar and Dollar Tree in the dollar store format whereas its regional competitors include number of independently owned stores. By the beginning of 21st century, the company launched “Dollar General Market” which is a store that carries a wider selection of grocery items. The developing home cooking trends helped the company in selling its grocery items. The Dollar General stores has grown notably within the short time period of 55 years. One of the major strengths of the company is that it has different potential customer groups that assist the organization to experiment with new business concepts. Newly emerging market segments also effectively contribute to company’s global competence. Similarly, the Dollar General maintains an efficient liquidity position which aids the organization to effectively and timely respond to unexpected contingencies. In addition, the firm performs well in all areas wherever it has business interests. Dollar General performs outstandingly in the ‘backyard’ of large SuperCenters and hence time and saturation pressures are reduced to a large extent. Business efficiency and operational regulations are found to be some of the competitive advantages of the Dollar General as these features significantly add to the organization’s market attractiveness. The company employs most recent developments of e-commerce in order to provide improved services to its customers. Recently, the Dollar General stores announced that it has selected Aldata Solution, a global leader in retail and distribution improvement software to meet the needs of the company’s next generation integrated supply chain solution (“Dollar general selects Aldata “). In addition, the firm makes use of satellite facilities to transmit selling information to the headquarters each evening. The e-trade techniques and the resulted global interconnectedness would greatly aid the organization
...Download file to see next pagesRead More
SWOT analysis of the company will also be analyzed, and recommendations made on how the company can work to improve its current position. Business Overview of Hyundai Heavy Industry Co. Ltd Hyundai Motor Group is the second largest automaker company in Asia following Toyota and the fourth largest in the world.
It is an American company which started its operations in the year 1982. It is headquartered in New York. The company manufactures shipping equipments and sells these products to the countries dealing with these equipments. More than 30000 employees are employed in this company.
The report also analyzes the performance of the company its mission, strategies adapted by the company, and also analyzes the resources of the firm whether they are rare and whether they are imitable or not. SWOT Analysis: Strengths: General Mills has a strong capital base to support its operations.
This paper is a full-scale elaboration of how Hershey’s company developed itself from a small-scale unit to a global leader in the chocolate industry. Appropriate management tools are taken and the performance of the company is tested on the basis of those tools with the provision of rational justifications.
By the end of 1890 the company named after Thomas Edison was successfully running to produce electric bulbs wherein in 1892 the company merged with another company, Thomas-Houston, to help form the modern General Electric Company. The modern business still holds the legacy of Thomas Edison in its several electrical products and services.
One has been privileged to be part of Dollar General as a Category Supervisor in charge of organizing and managing the products offered at the store, monitoring inventory levels, determining vendor information, and projecting changes in demand and supply.
This is mainly an American company whose head quarter is in New York, USA. It is a manufacturing company dealing with manufacturing of shipping equipments which mainly involves shipping bags & boxes, cranes, drum pumps, straddle carries etc
Based on an article by Moriarty (2012), integrated marketing communication dimensions relate to the interactive and systematic processes by stakeholder messages are optimized and cross-functionally planned. This aspect is aimed at
2 Pages(500 words)Research Paper
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Save Your Time for More Important Things
Let us write or edit the research paper on your topic
"Company analysis on Dollar General Stores expanding into Britian"
with a personal 20% discount.