Walden University Wk6 Trader Joes Successful Grocery Supermarket Discussion

Walden University Wk6 Trader Joes Successful Grocery Supermarket Discussion

Walden University Wk6 Trader Joes Successful Grocery Supermarket Discussion

Discussion 1: Respond to two or more of your peers in one or more of the following ways:

  • Comment on what you learned from your colleague’s analysis that is new to you and that will help you improve your Strategy Playbook and how you will use it to do so.
  • Offer constructive ideas for how your peer might extend or improve his or her summary analysis.
  • Provide your observations about your peers’ comments based on your synthesis of several of the original posts, explaining how those posts better inform what your peer wrote. (Note: Exemplary responses should provide a synthesis of multiple peers’ insights, findings, and analyses.

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    Discussion 2: Respond to two or more of your peers in one or more of the following ways:

  • Comment on what you learned from your colleague’s analysis that is new to you and that will help you improve your Strategy Playbook and how you will use it to do so.
  • Offer constructive ideas for how your peer might extend or improve his or her summary analysis.
  • Provide your observations about your peers’ comments based on your synthesis of several of the original posts, explaining how those posts better inform what your peer wrote. (Note: Exemplary responses should provide a synthesis of multiple peers’ insights, findings, and analyses.)

 

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Crystal Fowler RE: Discussion 2 – Week 6 Some of the key factors that I’ve examined for my company to see how it can “win” comes from a shift that needs to be made. This shift can be described as more than a change in position of monetary standing, it can be seen as a change in strategy for marketing, pricing configuration and branding. One of goals I set for JC Penny was to capitalize on its opportunities of collaboration. They have already started this process collaborating with Sephora, but this effort would be much more effective by considering bringing in another powerful player in the fashion retail business. It’s no secret that JC Penny has had to close over 100 stores to make up for loss in revenue, and recently the company experienced a loss in $477 million dollars. (Isidore, 2020) So how can this once beloved department store turn