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Katrina Markoff Named Woman of the Year by American Express and.

Women on Business

Katrina Markoff launched her gourmet chocolate company in 1998. Instead, she left some of her chocolate samples with the Neiman Marcus buyer, and the next day he called and asked for more, which he left in the company’s break room. Katrina leads her company with a focus on keeping her staff creative and relaxed.

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Insider Insight on Price Fixing | In the CEO Afterlife

In the CEO Afterlife

by John • April 14, 2011 • Leadership , Marketing , Strategy • 1 Comment. So, knowing that price fixing is illegal, why would the European executives put their companies and themselves at such risk? The natural competitive reaction is to join the discount fray and recover lost market share. December 2011.

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Why Tesco’s Strengths Are No Longer Good Enough

Harvard Business Review

Troubles at Tesco, the UK’s leading retailer, are mounting. If round after round of profit warnings was not enough – group operating profits fell 20% between 2011 and 2013 and are likely to fall another 30% in 2014 — the company recently announced it had overstated its first-half profit by about $400 million.

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With Ron Johnson Out, What Should J.C. Penney Do Now?

Harvard Business Review

The news wasn''t terribly surprising as 2012 had been a challenging year: sales were down by $4.3B, the company lost close to $1B, and its stock price dropped by more than 50%. This pricing strategy failure could have been anticipated by testing the concept with customers as well as learning from similar attempts to ditch discounts.

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Why Target’s Canadian Expansion Failed

Harvard Business Review

The market exit will stop Target’s continued losses in Canada and help the company focus on its strategic initiatives in the U.S. What caused the retailer’s problems in Canada, and what are the lessons learned? What Target may not have fully appreciated was that the Canadian discount sector is a particularly tough market.

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Shoppers with Strong Religious Beliefs Spend Less and Make Fewer Impulse Purchases

Harvard Business Review

For companies in industries with razor-thin margins , as in the grocery business, responding to these dynamics may help increase the volume on which success depends. After they finished making their choices, they were shown a photo of a three-pack of chewing gum in a retail display. What might our results mean for retailers?

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Groupon: Is Google Making a $6 Billion Mistake?

Harvard Business Review

Forbes anointed Groupon " the fastest growing company. ever ," and there are stories aplenty about businesses that are besieged by new customers when they enlist Groupon to offer huge discounts to customers who sign up for the daily email blast. Consider the suburban Boston barbecue chain Blue Ribbon BBQ.