Marketing Plan

TUI KT501 Module 1 SLP: Marketing Plan Introduction Safeway is peerless of North Americas largest food retailers, with its footprint located in western and mid-Atlantic regions of the unite States and western Canada. The company as nearly as operates regional subsidiaries such as Vons Cos. (S protrudehern atomic anatomy 20); Dominicks Finer Foods (Chicago); Carr-Gottstein Foods (Alaska); Genuardis Family Markets (eastern U.S.) and Randalls Food Markets (Texas) (Biesada, 2010). Safeway offers pharmacies in more than 75% of its encloses as well. Founded in 1914 in California by Sam Seelig, the kitchen range grew to about 300 stores in California and Hawaii by 1926 before being bought out by Charles Merrill, one of Merrill Lynchs founders (Biesada, 2010). over the years, the company grew through acquirement of local market designate store chains. In 2000, the company bought a majority put up in GroceryWorks. com, an interactive online grocer, completing the remainder from partner Tesco (in the United Kingdom) in 2006. These days, Safeway is moving from hefty investment in stores to commencement exercise gearering expenses, cutting costs, and generally liberation up more immediate payment (Chang, 2010).Issue Analysis Though Safeway has been around for awhile, thither are around external threats its facing. There is, for one thing, change magnitude competition. opposition is coming not only from other grocery chains, exactly from combination supercenters (such as Wal-Mart and Target) as well. This latter ends up victorious market share, simply because it combines convenience with lower price - pile dont have to go to a department store and a grocery store to get errands completed. Furthermore, in the faux pas of a company such as Wal-Mart, it offers fairly low prices. Its in addition running into competition from the discounters, such as Sams social rescript (operated by Wal-Mart Stores Inc.) and Costco (DATAMONIT! OR: Safeway Inc., 2009). Furthermore, the recession has dampened spending - sales decreased 7% in 2009... If you want to get a full es hypothesize, say it on our website: OrderEssay.net

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