Description: Lululemon overcame some serious setbacks to report an almost 50-per-cent jump in quarterly profit to $57.2-million, resulting in its shares soaring more than 12 per cent. Source: The Globe and Mail Date: September 07 2012 Link: http://www.theglobeandmail.com/globe-investor/lululemon-to-continue-global-expansion-in-yoga-running-apparel/article4525921/ Questions for Discussion: Explain how Lululemon managed to overcome some of earlier setbacks? What does the following… Read more »
Posts Tagged: Chapter 7: Strategy and Strategic Management
Dollarama a bright spot in struggling retail sector
Description: Amidst shrinking margins for most Canadian retailers and grocers, Dollarama has surpassed expectations with with swelling margins and strong profits. Source: Business News Network Date: April 11, 2012 Video Link: http://www.bnn.ca/News/2012/4/11/Dollarama-a-bright-spot-in-struggling-retail-sector.aspx Questions for Discussion: What do you feel are the reasons for Dollarama’s success? Does the success of Dollarama indicates that Canadian consumers are… Read more »
Insurers lodge complaint against RBC, BMO
Description: In Canada, banks cannot promote insurance products on their websites. Recently, insurance brokers lodged a complaint alleging that RBC and BMO are flouting Ottawa’s rules by promoting insurance on their websites. Source: The Globe and Mail Date: April 23, 2012 Link: http://www.theglobeandmail.com/globe-investor/insurers-lodge-complaint-against-rbc-bmo/article2410371/ Questions for Discussion: Do you agree that the Canadian government should… Read more »
RIM Troubles Continue
RIM Troubles Continue Description: RIM continues to perform poorly. RIM CEO, Thorstein Heins, hints that they are open to selling RIM. Wall Street Journalists discuss possible suitors for RIM. Source: Wall Street Journal Video Date: March 29, 2012 Link: http://online.wsj.com/video/can-rim-survive-the-turmoil/C79D4470-7F3B-4898-AA9B-E7E544B952F7.html Questions for Discussion: Discuss important reasons that led to the eventual decline of RIM? Should… Read more »
McDonald’s growth
McDonald’s new chief executive Don Thompson, who has taken over Mr. Jim Skinner, continues to emphasize on diversification despite the reduction in the compound annual growth rate of the firm’s overseas assets. Link: http://www.theglobeandmail.com/report-on-business/international-news/global-exchange/financial-times/mcdonalds-growth-supersize-me/article2379161/) Questions: Do you think having an earlier CEO like Mr. Skinner has raised the bar for Mr. Thompson? How would we have… Read more »
Globally Integrated Business
Description: Bruce Ross, President of IBM Canada, discusses the importance and features of a globally integrated business system in today’s economic environment Globally Integrated Business, part 1 Source: Financial Post Executive Video Link: http://www.financialpost.com/executive/video/index.html?embedCode=o4cTBlMjoEQT7h_uMRjbrj6LZ_TXnLT7 Questions for Discussion: What is meant by globally integrated businesses? How is this new system different from the traditional export… Read more »
Groupon’s new strategy to increase customer loyalty
Groupon is a firm that offers discounts to its customers by offering millions of deals on everything (meals, manicures etc.) through distribution of its coupons. Groupon’s daily deals are very popular, have the easiest reward programs and focuses on increasing customer loyalty. However, despite its increasing popularity Groupon hasn’t been profitable and instead, it has… Read more »
RIM loses $3 billion in one day
On the back of dismal second quarter results, in which RIM reported that its profit dropped 58 per cent to US$329 million and its revenue fell 15 per cent to US$4.2 billion, the Toronto Stock Exchange and NASDAQ saw massive selling of the RIM stock. On Friday alone, RIM lost $3 billion in its stock… Read more »
Lululemon continues to grow despite increasing competition
Shares of Lululemon Athletica—founded in 1998 and based out of Vancouver—dropped 4% on 9th September 2011. This was despite a 40% increase in its sales and 76% increase in its profits in the second quarter. It is expected that high labour and material costs will put pressure on Lululemon’s profit margin in the third quarter;… Read more »
