Brief
Many organisations are addressing the relationship they have with stakeholders. Select an organisation that is currently changing its policies towards stakeholders and, acting the role of a key stakeholder representative prepare a positioning statement/report that summarises key issues for your supporters.
Background
In 1875 J H Mills in Bristol opened a small family grocery store, and in 1900 became a limited company with 12 shops. J H Mills Ltd. turned into Gateway, in 1950, when a major finance house became the major shareholder. The J H Mills shops were then converted to become self-service type supermarkets. Throughout the late 20th century the amount of stores increased dramatically with takeovers and different acquisitions across the country. In 1996 Gateway food markets turned into Somerfield and was floated on the stock exchange and became a plc.
The Somerfield group is made up of four separate businesses, which together operate over 1400 stores nationwide in the UK. Firstly, the Somerfield Stores division consists of around 1,000 stores incorporating Somerfield Stores and approximately 450 Kwik Save Stores. Somerfield is a modern high street retailer offering fresh foods, groceries, and household needs.
The Kwik Save division was introduced to Somerfield when they announced their unconditional merger on March 20, 1998. Kwik Save's philosophy is to provide a full range of quality products at the lowest price on the high street. The idea was all about no frills low pricing. Somerfield started a £1 billion programme to convert Kwik Save stores to Somerfield and also modernising the original Somerfield stores.
Somerfield's third business is the Convenience division, a group of about 100 stores, ideal for 'top-up' shoppers, offering a range of groceries and provisions in a small store format located in convenient positions.
The last of the businesses is Somerfield 24-7, a new, recent venture that allows people to shop for groceries without going into any of the supermarkets, by using the phone, Internet or interactive television and getting the goods delivered to their door.
I am a representative for the employees of Somerfield plc.
Report
On Thursday November 11 Somerfield announced the sale of up to 490 stores and a reduction in its central office and distribution business. The board has decided to focus Somerfield operations on a potential £30 billion neighbourhood food retailer market. Somerfield currently has approximately 10% of this market and believes it can increase its market share by further emphasising the importance of fresh food, improving the ease of shopping and developing a more responsive culture from its employees.
The firm began to open “warehouse-style stores under the trade name Super 1 Foods and 1 ’superstore’ under the trade name Brookshire’s Supercenter” in the 1980’s offering people other ways to save money (tsha.utexas.edu). Brookshire Grocery Company is also currently operating grocery store in Plano, Texas under the name Ole Foods to try to appeal to the Hispanic population in the community. The company’s manufacturing facilities include a bakery plant, dairy plant, ice cream plant, ice plant and water plant near Tyler, Texas (Brookshire Briefs).
The Italian Centre Shop shows many attributes as for how they are able to build on their strengths. This in the end helps a company to expand and grow further to improve their internal performance and as well by gaining more consumers (Kerin, et al., 2015). Firstly, the company’s main strength relies on the location of the different branches, being placed strategically so it is easier to bring in more consumers as well as being easily accessible for people around those areas. Two of the three locations in Edmonton are situated beside shopping centers, Southgate mall and West Edmonton mall, which in the West end is the most popular attraction of the city. The third branch is located in North Edmonton which is known for the heart of “Little Italy”(Spinelli, 2016). Secondly, the Italian Centre Shop sells a variety of merchandise and different cuisine from all around the world, the main place being Italy and others which include: Spain, Romania, Portugal, Ukraine and Poland (Spinelli, 2016). This helps to expand the company’s target market while still keeping
RNRA Team, “Supermarkets, Fresh Produce and New Commodity Chains: What Future for the Small Producer?” Hot Topics: February, 2004.
With consistent growth to accommodate more variety, more merchandise, and the convenience of one-stop shopping, Mr. Kroger may not recognize the Kroger Company today. Under two dozen banners such as City Market, Dillon’s, King Soopers, Kroger, Fry’s and Ralphs the Kroger Company operates 2,439 supermarkets in 31 states, 788 convenience stores under six banners in 18 states, a...
There is a range of fresh bakery goods that Greggs offers to their customers, such as sandwiches and drinks in its shops. In addition to this it also provides frozen bakery products to its wholesale customers. The Company's operations are managed through an integrated supply chain, with over seven retail regions. Greggs are passionately about making great quality, delicious tasting food that customers can enjoy as part of a healthy and balanced diet.
Steve Oliver Maass purchased a grocery store that was in bankruptcy back in 1988, in Cotati, CA, mortgaging his house to come up with the payment of $200,000. Although he had no grocery store experience besides working in the produce department of one, he felt he could not do any worse than the previous owner did. The store was run down and a mess requiring a lot of cleaning. With limited funds, he was only able to paint instead of doing much remodeling, as he wanted to do. Maass renamed the store Oliver’s Market after his middle name, and he and his wife worked the store for the first four years. During those years, Oliver’s added a Service deli and a Health foods section. Following the format of Whole Foods, Oliver’s carried a section of organic health foods and included conventional items as well.
Also posted on the display window was information about the store supporting products made by local farmers in the Kensington area. The products were sold in store and the farmers’ names were written as well as the foods the farmers were selling.
The fact that Whole Foods Market is international means that they need to study and analyze their regional market so they can accordingly adjust their business activities (Smithson, 2017). Whether there is a store or facility in the eastern coast of the United States or in London, according to local business practices and even marketing demands, they can adjust. Each of these divisions in different countries has a president and multiple regional administrators to take care of the changes in marketing condition, customer relations, and employee relations (Smithson, 2017). These separate heads and groups are necessary for the changing supermarket industry. Along with that, teams in-store help divide work duties and specialize tasks so that employees have their own product lines that they take care of. When these employees are well-versed in their product lines only and are able to focus on their areas, it increases customer satisfaction and
The passage from “The Sentimentality of William Tavener” is a story of a mother and father of two boys who have a major disagreement. After many years of marriage, the question of whether or not their two sons should be allowed to attend the local circus. Throughout the passage, the mother talks about when she was little, she was able to attend to the circus. This is her defense for why the boys should be allowed to attend the circus. The boy’s father, however, thinks otherwise. At first, he disagreed with the boys going, but the mother talked him into it. From there, he left the boys money to attend to the circus and went to work. The following morning the boys’ mother gave them the money and said, “And be careful of that, and don’t waste it. Your father works hard for his
Kroger Timeline. (2013). In Progressive Grocer, 92(10), 30-52. Retrieved January 28, 2014. Retrieved from http://web.ebscohost.com.southuniversity.libproxy.edmc.edu/ehost/detail?sid=e0985541-de1c-4587-93a3-fa8be9bac40f%40sessionmgr114&vid=1&hid=127&bdata=JnNpdGU9ZWhvc3QtbGl2ZSZzY29wZT1zaXRl#db=bth&AN=91527502
The company started off when Ben Dunne Sr. began working at a drapery shop in Cork, Ireland in the early 1940s. From his experiences here he then proceeded to leave the job to set up his own store, this idea quickly developed and in 1944 Bernard Dunne Sr. set up a new store with the intention of changing the Irish market under the promise of “Better Value” by offering products at a lower more affordable price, This slogan and idea carried on today.
However, this company consists a lot of brand for their all products. For example, Cocopie, Golbean, Mum’s Bake, Lot100, Koko Jelly,
Stakeholders’ analysis is the analysis which tells that how the company is dealing with the people which are directly or indirectly related with the company’s operations. These are called stakeholder and they include the employee, society, suppliers, buyers, shareholders, got and other tax related companies.
Stakeholders are individuals, groups, and organisations with the power to influence the delivery of an organisation’s strategy and thus the organisation’s performance and/or a significant interest in an organisation’s strategy and thus the organisation’s performance (Wisniewski, 2001; Ackermann & Eden, 2011). In the context of the draft BSC to be developed, however, the analysis shall focus on relatively aggregated stakeholder groups. Firstly, the aim of this stakeholder analysis is not to pinpoint individual persons as stakeholders who may then be managed more easily than large organisations, but to identify rather broad stakeholder groups interested in Zara’s performance. Secondly, addressing
The food and staples retailing is an increasingly competitive industry. The market giants (competitors) are Coles (owned by Wesfarmers) which has 741 stores across Australia and plans to add 70 m...