Trader Joe’s has distinguished itself among the supermarket and grocer chains. Trader Joe’s set themselves aside by…
1. In each round trip transaction, Krispy Kreme recognized additional income in an amount more or less equal to the funds that were paid back from the franchises. As a result, Krispy Kreme filed annual, quarterly, and current reports with the SEC that contained misstated financial results, failed to have books and records that accurately and fairly reflected its transactions and disposition of assets, and failed to set up and maintain internal accounting controls sufficient to provide reasonable assurances that its accounts were accurately stated in accordance with generally accepted accounting principles.…
This was a good read. I was particularly interested in the effects of companies like Chick-Fil-A. Even though as a country, we seem to becoming more progressive with each year. There are still big organization that are against changes. I am interested to see how their business will be affected in the next few years. I think it’s crucial for an organization to change with the times. Do you think they will make an effort to change this image?…
The senior vice president of Kroger Co., Katy Barclay, believes that investing in their employee engagement has contributed to the success of Kroger. These successes include increasing sales and profits and customer loyalty and productivity. “We truly believe that Kroger's continued success in driving its competitive advantage will in large part be determined by how our associates engage with our customers,” Barclay said. “That's our sweet spot. That's what creates a superior shopping experience, (Springer, pp.1).…
In May of 2004 Krispy Kreme announced to its investors that they should expect earnings to be 10% lower than predicted. It was at this time that the low-carb diet had taken the U.S by storm, and Krispy Kreme blamed this low-carb diet for their low wholesale and retail sales. They also announced the sales of a the Montana Mills bakery chain of 28 bakery café’s that had been acquired in January of 2003 for $40 million in stock. Krispy Kreme also announced that the Hot Doughnut and Coffee Shops were falling short of expectations and three of them were…
Analysts are predicting that Krispy Kreme will be able to perform highly effectively andcontinue to grow rapidly in the coming two years. Do you agree with their analysis? If so, why? If not,why not?…
Krispy Kreme (KKD) has achieved spectacular growth in the last few years using an area developer model to expand geographically. This case examines the factors that have driven its growth and their sustainability in the coming two years. Students are provided with forecasts made by financial analysts at CIBC. They are then asked to identify and evaluate the assumptions underlying these earnings forecasts. Since the CIBC report does not provide a forecasted balance sheet for KKD, the case can be used to let students learn how to build a forecasted balance sheet. Finally, the case can be used to discuss potential conflicts of interest between analysts and investors that might lead analysts to over-sell a growth firm such as KKD.…
Trader Joes executes its good value pricing strategy by offering unique gourmet products that are available for a low price. Trader Joe’s has developed a cult like following because customers are extremely satisfied with the quality and prices of their products. Trader Joe’s stores also have a unique in store environment that features employees wearing aloha shirts and fake palm trees. Trader Joe’s products are unique because they only offer about 4,000 products compared to the 50,000 items found in your local grocery store. Trader Joe’s website also displays various dietary lists including gluten free, kosher, and vegan. This allows for customers to make their shopping list before they enter the store, which may be necessary since Trader…
FACTS: Ben & Jerry’s success is a direct result of transitioning form a local Vermont-based ice-cream producer into a large multinational corporation as part of an acquisition initiated by Unilever. The company’s three interrelated mission statements stand to complement each other and through history and culture have successfully turned Ben & Jerry’s into a social behemoth.…
If I were to design Ben & Jerry's data warehouse I would use several dimensions of information. The first dimension would consist of the company's products; ice cream, frozen yogurt or merchandise. The marketing department has to know which products are selling, if Ben & Jerry's didn't know that their T-shirts are selling out as soon as they hit the stores, then they wouldn't be able to take advantage of the opportunity to sell the shirts. The second dimension would consist of the different areas of sales; US, Canada, Mexico, or Europe. I am not sure if they sell their ice cream in Mexico, but with data collection they can find out if their ice cream would be a better seller in the hot climate, rather than pushing for greater distribution in Canada. The third dimension would consist of the "specifics"; where the sale was made, when the sale was made, and who purchased the product. This information can help in the design of the product to focus on the buyer; it can tailor flavors to seasons, and packaging to buyer who looks for the better-looking product. If Ben & Jerry's could know when a season was coming to an end in a specific area, then they could forecast the need or the decline in need and speed up, or slow down distribution to those areas. The focus of the information is that it needs to be useful, and almost any information is useful.…
Domestically, Tim Hortons has plans to help maintain their dominance by leveraging customer service technology. They believe that by applying focus on newer technology, the results will allow the company to connect and transact with consumers in new and innovative ways. Differentiation is pivotal for the continued success of Tim Hortons, with future plans to help stand out. Their focus will include a newly branded food platform, centered on consumer attention to nutrition, heath and wellness.…
1) The image I first have when I hear about Bitter Girls is an image of girls being mean and very hateful. The strengths and weakness about the name plays a huge role. The strengths of the name are a great marketing scheme because it makes you interested in founding out information. The weakness is that the name doesn’t sound so appealing, so that may not attract people to Biter Girls. If you do not know the message it sounds like an terrible organization.…
3) How much of your own and your roommate’s valuable time will it take to fill each order?…
This case focuses on the issues of asset control of Ben & Jerry’s Homemade, Inc with the four outstanding takeover offers by Dreyer’s Grand, Unilever, Meadowbrook Lane Capital and Chartwell Investment in 2001.…
Krispy Kreme doughnuts, Inc is facing a crisis of a drop in share price like never before since its initial public offering in the year 2000. The situation of Krispy Kreme does not look so bright after it has reacquire the underperforming franchisees’ stores worth of 170$ million. In the end of 2004, the company has some problem related with its accounting for the acquisitions of certain franchisees that it has to restated its financial statement, which would lower the pretax income by 6 to 8 million. The company fails to file the report on time. This puts the company at risk of being delisted out of NYSE, moreover there’s a low carbohydrate diet trend coming. All those storms have put the company’s share to sell at less than $10 a share. Therefore we recommended Krispy Kreme consider buying back its share…