Kmart -- Soaring High
ShopperTrak's National Retail Sales Estimate (NRSE) reported that U.S. retail sales for the week ending April 23 increased 9.9% as compared to the same week last year. Although adverse weather throughout the Midwest led to a sharp 13.0% week-over- week decline, the Easter holiday calendar shift continued to positively impact the year-over-year retail comparison, posting one of the strongest yearly increases seen in 2005. (Vargas, 2005)
Retail industry in U.S. has seen profits soaring high for most of the big retailers like the Wal-mart and Home Depot. While the rich gets richer, the profit of some others has also shot high. One of such names is Kmart. Better customer care, good marketing strategies, reorganization, and now the acquisition of Sears Corp has helped it revive from its bankruptcy condition of 2002.
Kmart Holding Corporation and its subsidiaries (together, "Kmart") is a mass merchandising company that offers customers quality products through a portfolio of exclusive brands that include Thalia Sodi, Jaclyn Smith, Joe Boxer, Martha Stewart Everyday and Route 66.
Kmart Primary Industry - Pharmacy
Kmart has met with a lot of competition from Target and Wal-mart but has succeeded to remain as top retailer for pharmacy and health-care products. The discount retailer has pharmacies at 1,150 of its 1,429 stores. The chain maintained a commitment to the department with an increasing array of patient-care initiatives, a new pharmacy design, workplace upgrades, and a networked website allows its pharmacists to access patient records from any store.
Kmart's pharmacy section is an asset to the newly formed Sears Holding Corp. Their past two decades of expertise in disease management, automation, pharmacy workflow, and patient service will be a powerful asset. The Kmart Pharmacy Center Website allows Kmart Pharmacy patients to easily and conveniently request refills, new prescriptions, and prescription transfers. To transfer a prescription from a pharmacy other than Kmart, This website also provides "Wellness Information" which explains general principles for good health. One can request a different flavor using the Special Instructions to the Pharmacist on his/her Order form.
Over the past year, Kmart Pharmacy has taken disease-management initiatives, particularly in diabetes care. By the end of 2004, the chain had capped a massive effort to train and certify all 2,400 of its pharmacists in diabetes management and related product categories. Pharmacists were...
Martha Inc. The Incredible Story of Martha Stewart Living Omnimedia Purpose Statement: There are four management principles found in Christopher Byron's Martha Inc.: The Incredible story of Martha Stewart Living Omnimedia. Main Point: Future managers can obtain success through hard work, determination and understanding marketing and management principles, but all these qualities must be balanced with respect for coworkers, partners and subordinates. Subpoint- Knowing the market, created a niche and recognizing opportunities are
The 'Martha Loyalist' perspective This perspective is advocated by fans of Stewart, who see her as unjustly accused, and are sympathetic to her cause, and logged on frequently to her Internet blog that she updated during the trial and from prison. The 'I don't care' perspective These people are not Martha defenders, but like Martha's sheets and recipes. They feel that these products will still be just as good as they were before
Since Martha had been capable of cheating, others would probably be too. 3. Training programs The training programs to be designed for Martha Stewart Living Omnimedia ought to include technical trainings that assist employees in improving their on job skills. The trainings should include all employees and should be differentiated based on the work areas and positions occupied within the company. Furthermore, aside from trainings, the management should present the workers
Stewart and Bacanovic were convicted. But for others there are still many questions about the case and the motivations of the prosecutors. Paul Craig Roberts (2004) believes the prosecutor criminalized Stewart's exercise of her constitutional right to declare her innocence. Claiming it constituted fraud for her to declare her innocence. Nancy Shaw (2003) offers the opinion that the prosecutors charged Stewart with lying about a crime they cannot prove she committed.
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