Sporting Goods Store Essay examples - 1025 Words

Sporting Goods Store Bill Thompson is the new manager of a retail sporting goods store in Vermont that is part of a national chain. Bill, who is 25 years old, has been working for the company for four years. Before his promotion he was the assistant manager for two years at a company store in Delaware. Last week he was briefly introduced to the employees by his boss, the regional manager. The profit performance of this store is below average for its location and Bill is looking forward to the challenge of improving profits. When he was an assistant manager, he was given mostly minor administrative duties and paperwork, so this assignment will be his first opportunity to show he can be an effective manager. The base salaries of the 20†¦show more content†¦Although it is only his first week on the job, Bill believes that he has already discovered some of the problems at this store. Among the various departments in the store, the ski department has the highest potential profits during the winter, because skiing and snowboarding are popular winter sports in Vermont. At the current time the departments sales are about average for company stores in the Northeast region, with potential for considerable improvement. On several occasions Bill noticed a line of customers waiting to be served in the ski department, and he overheard some of them grumbling about how long it takes to get served. One customer said he was leaving to go to another store that didnt make him wait all day to have the privilege of spending hundreds of dollars on ski equipment. Bill observed that Sally Jorgenson, the department manager, spends a lot of time socializing with her salespeople and with customers, including friends who drop in to visit and talk about ski conditions, resorts, fashions, equipment, racing, and so forth. Bill, who doesnt ski, cannot understand what they find so interesting to talk about. He wonders why anybody in their right mind would want to spend a small fortune and risk permanent injury to hurtle down a mountain in blizzard conditions, and then stand in long lines and ride up a freezing chairlift just to do it all over again! †¢ 1. How much of each type of power doesShow MoreRelatedChallenges Facing The Sporting Goods Stores1407 Words   |  6 PagesIntroduction â€Å"Over the past five years, the sporting goods stores industry has fared well due to strong demand for sporting goods from more health-conscious individuals. Due to such high demand, Fit-Fem plans to enter the industry by providing a variety of female athletic apparel, athletic footwear, and sporting equipment along with an in-store professional trainer. The main center will be located in Orlando, Florida due to its vast economic growth and increasing demand of healthy lifestyles. InRead MoreThe Sporting Goods Stores At Grand Forks Meet The Needs Of Their Current Target Market1511 Words   |  7 PagesStatement The sporting goods stores in Grand Forks meet the needs of their current target market. We defined sporting goods stores as any store that sells athletic gear (spectator or participant), and any store that carries hunting, fishing, and camping gear. The needs of the current target market are defined as a product or service necessity that the customer is seeking.The greater Grand Forks area currently has eight sporting good stores. The brick and mortar sporting good stores in Grand ForksRead MoreMini Ethnography : Dick s Sporting Goods1443 Words   |  6 Pages Mini-Ethnography: Dick’s Sporting Goods Allen Mumm Organizational Communication Professor Baumann March 27, 2017 An athletes dream or even a sports lover’s store of preference, Dick’s Sporting Goods located at its new location is a spectacle to see. It’s extremely big and you can find yourself spending countless of hours there just strolling the aisles which is why I found myself observing much more than just the products they had to offer. I found myself observing the customer satisfactionRead MoreBusiness Description And Growth Strategies1000 Words   |  4 PagesBusiness Description Growth Strategies: DICK’S Sporting Goods, an American sporting goods retailer, was founded in 1948 by a young but up-and-coming 18-year-old Dick Stack. Upon being rejected from presenting his new idea by the owner of the Army surplus store he worked at, Dick received a $300 loan from his grandmother and blossomed that investment into much of the product line you examine today when visiting a DICK’S sporting goods location. 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There mission is to be recognized by their customers as the number one sports and fitness that serves and inspires athletes and outdoor people to achieve their best in everything they do. The vision of the store is to build brands that serve and inspire athletes and outdoorRead MoreCase Study Bass Pro Shops Essay726 Words   |  3 PagesCase Study: Bass Pro Shops Bass Pro Shops is a privately held sporting goods and outdoor goods store headquartered in Springfield, Missouri. In addition to the Outdoor World store, Bass Pro Shops has over 15 large retail stores in the U.S. It also owns and operates subsidiaries such as Tracker Boats, Big Cedar Lodge, and Redhead. Bass Pro Shops is known for a large selection of hunting, fishing, and other outdoor gear. History Founded by John Morris in 1972, Bass Pro Shops was born outRead MoreSwot Analysis Of L. L Bean1092 Words   |  5 Pagessince become a global company but remains one of the few to multi-channel retailers that own and operate a manufacturing facility in the United States. L.L. Bean has since gone on to for a strong brand image becoming one of the premier outdoor gear stores. It amassed $1.61 billion in revenue (reported 2015) Leon Gorman grandson of Leon Bean took over after his death in 1967, he would pass away in 2015 and in his memory his family donated 125,000 to a new Scholarship fund. In 1979 L.L. Bean introducedRead MoreDick s Sporting Goods, Inc. Essay1431 Words   |  6 PagesIntroduction Dick’s Sporting Goods, Inc. has owned a large market share of the Sporting Goods industry for many years. As the competition, and the industry as a whole might be slowing down, it seems that Dick’s Sporting Goods still has growth potential. Business Summary: Dick’s Sporting Goods, Inc. is a prevalent retailer of many kinds of sporting equipment. According to the company’s 10-K form, the company first started in 1948 and since then has had the vision to, â€Å"build leading brands thatRead MoreThe Sports Philosophy Of Dick s Sporting Goods Essay886 Words   |  4 Pagesstatement which allowing Dick’s sporting goods to thrive while its competitors meet their demise. B. Strategic Vision Dick’s Sporting Goods plans to â€Å"spend $850 million over the next three years to add as many as 150 stores while growing total sales to as much as $9 billion with e-commerce contributing more than $1billion†. The company also plans to pursue expansion of more recently introduced specialty store concepts. (CAS, 2015) C. Cultural Each member of Dick’s Sporting Goods company is connected through