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Why Tesco’s Strengths Are No Longer Good Enough

Harvard Business Review

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. billion in 2013, and operating profits increased 65% to $422 million. billion to $8.6

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Why Target’s Canadian Expansion Failed

Harvard Business Review

such as smaller stores in urban places, mobile and online, and its cheap chic merchandising focus—to “be cool again,” as Cornell told Target employees in the fall. Still, there are many globally successful retailers. In the end, Target struggled with the translation of its successful U.S.

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Memo to JC Penney: Execution Is Not Strategy

Harvard Business Review

But after almost two years of plummeting sales, profits and stock price, Ackman and friends had to steal a line from The Who and ask shareholders, customers and employees to " meet the new boss, same as the old boss " with the reappointment of Ullman on April 8, 2013. Just as it needed two, five or ten years ago, JCP needs a strategy.

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How Data Visualization Answered One of Retail’s Most Vexing Questions

Harvard Business Review

” Lezon, along with Alex and Ani’s head of merchandising and head of sales operations, used the data to inform product placement. . “We now know that there was a certain area in our store people went to more often,” he told me.

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What Happened When Linkin Park Asked Harvard for Help with Its Business Model

Harvard Business Review

The most successful artists in this new landscape have begun to look at new business models and new industries to strengthen their existing brands. For more than a decade, Linkin Park and Machine Shop enjoyed success and continued to innovate. We’ve all had to adapt. Beyond Music. and Harajuku Lovers.

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The Rise of Virtual Brick-and-Mortars

Harvard Business Review

By contrast, the UK-based retailer, Tesco, has launched an array of "virtual" stores designed to sell products with no merchandise. The strategy is a striking success. The firm claims that 2,000 are already planned to open in 2013. As Samsung demonstrated, sometimes a showroom is just a showroom.

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