The Hard Rock Café (HRC) and the Hard Rock Hotels / Casinos is a highly successful series of ventures that serves up fun, music, food, nostalgia and beverage. The HRC is also famous for its music collectibles, including guitars used by icons in the industry (i.e. Madonna, Jimi Hendrix, etc), fashion merchandise, live concerts, and Hard Rock Live performance venues. The first Hard Rock Café was opened on June 14, 1971, in London, England. Founded by Isaac Tigrett and Peter Morton, HRC became well known and successful almost immediately.
Tigrett went out and opened HRCs in New York City, Boston, Washington D.C., Dallas, Orlando, Paris and Berlin, while Morton developed HRCs in Chicago, Houston, San Francisco and Los Angeles. Various buyouts were executed, starting with “Mecca” buying out Tigrett and then The Rank Group acquiring Mecca. In time Mecca acquired Hard Rock America from Peter Morton, “consolidating worldwide control of the Brand,” the Hard Rock Web site explains. ¹
None of these consolidations and buyouts has any interest for the millions of happy customers who simply enjoy the atmosphere and the music at HRCs all over the world. The corporate Web site calls the HRC experience a “truly global phenomenon.” About 130 HRCs are out there on the planet now, including in places like Shanghai and Kuala Kumpur. HRC claims to own over 70,000 pieces in its collection, including Bob Dylan’s motorcycle and Elvis Presley’s shotgun. The theme of HRC is of course rock music, but once inside a store the customer has a chance to explore the history of rock and roll, the roots of the music, some of the early pioneers whose names are not well known, and more. Staying true to its original motif and theme is one of the hallmarks of HRC. “C...
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6- Johnny Rockets (2009).
http://www.johnnyrockets.com
7- Planet Hollywood. (2009).
1http://www.planethollywood.com
8- Hard rock international
http://www.microsoft.com/casestudies/Case_Study_Detail.aspx?casestudyid=4000002432
9- Hard Rock Cafe Case
http://www.oppapers.com/essays/Hard-Rock-Cafe-Case-Study/154227
www.kitejunkies.com/images/hard-rock-01.gif
http://en.wikipedia.org/wiki/Isaac_Tigrett
http://www.aviconpartners.com/pdfs/news/HardRock.pdf
http://faculty.unlv.edu/kleong/SCM352PowerPoint_files/Chapter%2002%20Operations%20Strategy%207th%20Ed%202009.pdf
http://www.slideshare.net/knksmart/introduction-471248
MacLaurin, Donald J., & MacLaurin, Tanya L. (2000). Customer Perceptions of
Singapore’s Theme Restaurants. Cornell Hotel and Restaurant Administration
Quarterly. 41(3), 75-85.
Charlotte Russe was founded in 1975 under the Lawrence Merchandising Corporation. The first Charlotte Russe was first opened in Carlsbad, California, while being named after a desert that the Lawrence brothers remembered from their childhood.
The founhder of the company, Godfrey Keebler, started with jus a small bakery in Philadelphia, PA in 1853. During the next two generations, local bakeries popped up around the country, including Strietmann, Hekman, Supreme and Bowman. With the introduction of cars and trucks (carrying the Keebler logo), bakery goods could be distributed beyond the neighborhood and regional distribution began.
Despite the outbreak of the First World War, the store strived to give a great service to the public, giving a meaning to the famous phrase “business as usual” (Harry Gordon Selfridge, 1914). During the period of 1919 and 1924, the company started its first expansion in Oxford Street and was selling everything from make-up to toys. So far, over 15 million had shopped in the store.
The retail stores of JC Penney and Sears have face headlines of “Which is Worst: JCP or Sears?” The end maybe near for both companies (Andersen2014). The customers look at the employees like their idiots. The public believes that poor management is the reason for the down fall of these companies. Eddie Lambert and Ron Johnson are the CEO’s of being credited to running these companies with wrong management strategies (Andersen 2014). Ron Johnson who is now the former CEO was highly qualified with his retail instincts tried to run the store like a retail boutique. He never took the time to consult a survey on what the consumer’s thought were and after two years he jeopardized the company (Andersen 2014). Whereas the CEO Eddie Lambert of Sears
In 1954, the Supreme Court took a step in history with the Brown V. Board of Education of Topeka by stating that, “In the field of public education the doctrine of ‘separate but equal’, has no place. Separate facilities are inheritably unequal.” Little Rock, Arkansas a city in the upper south became a location of a controversial attempt to put the court order into effect when nine African American students were chosen to desegregate Central High in Little Rock. How did the Little Rock Nine affect America? Sanford Wexler stated in The Civil Rights Movement: An Eyewitness History,” its “effect would ripple across the nation and influence the growing Civil Rights Movement;” in addition, the Little Rock crisis forced the federal government to come down on state government in order to protect the rights of African Americans.
AC/DC originated in Australia, and was formed in 1973 by brothers Angus Young and Malcolm Young. They were born in Glasgow, Scotland, but then moved to Sydney Australia with most of their family in 1963. They classified themselves solely as rock n roll, but are considered to be one of the pioneers of heavy metal. They are also one of the highest grossing bands of all time. "AC/DC" is an abbreviation meaning "alternating current/direct current" electricity. They originally got the name from their older sister Margaret, who saw the initials ACDC on a sewing machine. The brothers felt that this name symbolized the band’s raw energy and their power driven performances.
It went public very successfully in 1973 and in 1979 developed a further joint venture with Belgian retailer, GB-Inno-BM, setting up a successful chain of DIY stores with a supermarket-style layout under the brand ‘Homebase’. Hombase grew into a very profitable concern and in 1995 acquired ‘Texas Homecare’ tripling in size overnight. Homebase was subsequently sold in 2000 for almost £1billion.
Vinyl Revival is sort of the Renaissance man of music stores. It sells new and lightly used albums. It sells interesting music collectables. It hosts book signing , artist meet and greets, and what really makes it stand out is the fact it has a 40 seat concert and movie venue. Yes, a small music venue with a state of the art sound and projection system. Could it get any better, yes it can. The proprietor is Andrea Di Fabio and she loves all things music; listening to it, talking about it, collecting music stuff, and now establishing a place where the serious or anyone who wants to get immersed in music come and have some real fun.
The strategy of WFM, co founder Mackey, is to continue offering healthier options for its customers. The movement into Canada and the UK in the last few years, lays the footprint for additional global expansion. Mackey intends to increase WFM to 1000 stores. The question is whether it will happen through acquisitions or new store locations. The answer based on their history is a combination of both. The store in Canada opened in 2002. Since brand recognition is not as strong, the store struggled somewhat in the beginning; however, the expectation is that it will grow to one billion in the next ten years (Patton, 2013). The stores in UK, which are in the greater London area, have received mixed receptions, and some stores are selling well while other locations are not. However, Mackey is not deterred and believes that longevity will produce the desired results.
Is the cover a good thing or a bad thing? Are there any cover songs that you have heard and have grown to like more than the original? Perhaps there are songs that you have heard and have later come to the realization that it is indeed a cover song. This is the case for me. However, my feelings on cover songs vary depending on the particular instance. I think the cover is a good thing now days. There are many new songs that I have heard and have later realized that it is a cover song. I probably would have never heard the original song if it wasn’t covered. On the other hand, in the 50s when rock and roll was building a foundation for itself, I believe that cover songs were a bad thing.
Rondo's Current Ratio is a steady at 2.0 compared to the industry average of 1.4. This indicates the company will not have a problem covering its current liabilities. Rondo's quick ratio is also steady at 1.4. The company can cover its short-term debt 1.4 times over without selling off its inventory. Rondo's performance is good in this area.
In Rushkoff’s film, The Merchants of Cool, he rhetorically questions if “teenagers even have a culture to call distinctly their own.” In the late 1990’s when the documentary was made, the implication was that they do not. However, with the internet’s advancements and the accessibility of communication with massive amounts of people, teenagers today can form authentic cultures that are not contaminated by the corporate media.
In an interview with James Wetherbe, Richard M. Schulze tells of how at eleven-years-old he became an entrepreneur in St. Paul, Minnesota as a paperboy. This newspaper boy would grow up to be founder of the world’s largest consumer electronics chain store, Best Buy Co. Inc. (Schulze, 2014). As an adult in 1966 Schulze partnered up with Gary Smoliak and opened the company called Sound of Music until 1986 (Bailey, 2015). Schulze bought out Smoliak around 1970 and by 1983 he had changed the name of the company to Best Buy Co., Inc. Four years later Best Buy Co., Inc. secures an entry on the New York Stock Exchange. During the early 1990’s Best Buy Co., Inc., had become the largest consumer electronics store in the United States.
Schultz, Howard, and Joanne Gordon. Onward: How Starbucks Fought for Its Life Without Losing Its Soul. New York: Rodale, 2011. N. pag. Print.
Music Business Music Business Exam Number One Question 1 - What is The music publishing industry at a glance would seem to be those who print sheet music, method books, lead sheets, and all of the texts or notated music that musicians (and those aspiring to be musicians) use. Years ago, this was what most music publishers did, but as the industry has evolved, the process has become much more complex. Music is not just ink and paper, intellectual material and property to the individual who writes it. Therefore, the song does not become "a song" when it is written down. This is not an easy concept to grasp because the song itself has no physical makeup.