1). Home Depot’s corporate and business level strategies emphasis used to be on growth, but it has shifted to a strategy of improving operating performance in all of its stores and warehouses. Home Depot seeks to generate improved operational efficacies, while recommitting to customer service, and focusing on creating more family friendly neighborhood stores (Home Depot, 2015). Home Depot’s functional strategies emulate their competitive emphasis on customer service. In an effort to enhance the
directly with Macy’s Inc., Kohl’s Corp., J.C. Penney, Nordstrom, Dillard’s Inc. Belk Inc, Saks Inc., and Bon-Ton Stores (Lazich, 2015). In 2013, Sears’ market share was 21.40% in this sector (Fig. 6 Appendix). In the home services and appliance sectors, Sears competes with Home Depot and Lowes (Sears Holdings Corp., Form 10-K, 2015). In 2014, Sears held a 27.50% market share in appliance sales (Fig. 7 Appendix; Lazich, 2015). Finally, in the online sales sector, Sears.com, through its marketing
Canadian Tire fears a weak economy because it can greatly impact their MasterCard business and threat of new entrants. In the retail market, there are constantly new businesses entering the market and giving competition to retailers like Canadian Tire who may have difficulty to maintain their sales growth. “A cost-reduction program is accompanying the expansion. Canadian Tire has upgraded its supply chain, making it more efficient to get goods on the shelves. And because it buys from around the world