BUS 201 Lecture Notes - Lecture 2: Stellarton, Shoppers Drug Mart, Sobeys
1 Dec 2017
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Three supermarket chains in canada (1) lo(cid:271)law"s founded 100 years ago, headquarters in brampton, has over 2300 retail outlets and 192,000 employees. Bought shoppers drug mart for 12. 4 billion. (2) sobeys owned by empire co. ltd. Founded 100 years ago, located stellarton, nova scotia, has over 1500 stores, present in all 10 provinces and over 125,000 employees. Company estimated 200 million in annual cost savings from operational efficiency. (3) metro third biggest, montreal based, 800 outlets and 65,000 employees, preside(cid:374)ts" choice is their own label where margins are tight, external shocks are extremely important. Surprisingly, low oil prices= consumer has extra money in pocket which leads to supermarkets reaping benefits. External environment plays key role in profits for supermarkets. 5 skills to (cid:373)a(cid:454)i(cid:373)ize ow(cid:374) a(cid:374)d follower"s perfor(cid:373)a(cid:374)(cid:272)e. Organization- technological, business, socio-cultural, emerging challenges and opportunities, political-legal, economic, global. Economic- growth, stability, and employment, gdp- domestic based (including foreign based in.
