Target Plc is not a new name in the retail, food and ingredients industry and is considered analogous to quality and premium branding. The company is a diversified conglomerate having five major strategic segments which are sugar, agriculture, retail, grocery and ingredients. As per the latest financial statements of the company for the annual year 2012, the company is operating in almost all of the major cities of the United States. The vision and mission statement of the company is to achieve strong leadership in the course of business which is sustainable and long lasting. The company always strives to provide quality products to the individuals and other consumers and to become a necessary brand in the people’s day to day active life. Financial Highlight [Annual report Target, 2012 , Pg2] As apparent form the above financial highlight, the company presents a strong financial outlook and appears to be a lucrative company for the investors to invest in. The company has various revenue centers through which the company generates most of its revenues. During the financial year 2012, the highest earning revenue center for the company was heath, beauty and households which constituted about 25% of the total revenue of the company. Evaluation of American Retail Market The growth in the American retail market for the financial year 2012 saw an escalation as compared to the previous financial years. During every quarter of the financial year, the retail industry in USA experienced a growth of 1%. The analysts are of the view that this particular growth in the industry is a definite positive sign if it is compared to the last two financial years. The retailing conditions in the past two years remained quite adverse for the companies but now the situation appears fruitful and lucrative for the companies. A Comparison of financial year 2012 with the financial year of 2011 presents that fact that the volume of sales in the retail industry in USA increased by 2.7 percent. Changes in reported retail sales between August 2011 and August 2012 standard reporting periods (by size of business) Pre-dominantly food Non-specialized pre-dominantly non-food Textile, clothing and footwear House-hold goods Other non-food Non-store retailing Pre-dominantly automotive fuel Total All Retailing including automotive fuel increase 107 32 138 72 375 64 23 811 All decrease 97 33 104 77 306 46 50 713 Total 204 65 242 149 681 110 73 1524 Large increase 66 32 110 42 158 30 n.a. 438 decrease 56 33 73 47 107 19 n.a. 335 Total 122 65 183 89 265 49 n.a. 773 Small increase 41 n.a. 28 30 217 34 23 373 and decrease 41 n.a. 31 30 199 27 50 378 medium Total 82 n.a. 59 60 416 61 73 751 [Ons.gov (1999) Retail Sales: August, 2012] With respect to the sports merchandise business, there were certain hardships that were faced by the retailer. During the year 2012, costs of both cotton and fuel increased, particularly of fuel which resulted in an escalation in the manufacturing cost of the merchandise. Target has in place an import team which constantly monitors the fluctuation in prices of cotton. For the purpose of reducing the cost of fuel, the retailers are now acquiring the help from the
Contents Introduction 2 Financial Highlight 3 Evaluation of American Retail Market 3 Corporate Strategy 4 Competitive Analysis 5 Competitive Advantage 5 SWOT Analysis 6 Financial Analysis 8 Profitability Ratios 8 Liquidity and efficiency ratios 10 Structure Ratios 11 Conclusion 12 References 13 Introduction Target plc is one of the largest companies based in America providing food ingredients and retail and grocery solution worldwide…
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The company is mainly known for the best of designs ever produced. This has always led to the company pricing its cars little above the cost of production and engineered designing. The demand for Mercedes has always remained high in respect to its supply as it is built for the elite class of the society.
It starts with the introduction of company providing factors such as history, size, growth and revenue in detail. Introduction also includes Competition analysis of company, its success factors, Mission statement of the company and market analysis. Then the SWOT analysis of Target Corporation providing description of strength, weakness, opportunity and threat of the company has been discussed.
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1 pages (250 words)Case Study
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