DOCSLIB.ORG

Food Retail Industry Insights

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Food Retail Industry Insights Food Retail Industry Insights Spring 2020 Food Retail Industry Insights | Spring 20202020 T a b l e o f Sources C o n t e n t s 1. "Consumer Spending Tracker for Measured Channels." IRI. April 2, 2020 2. "How the Coronavirus Crisis is Changing Grocery Shopping." Supermarket News. April 3, 2020 3. "Grocery Workers Are Beginning To Die of Coronavirus." Washington Post. April 6, Sector Spotlight: COVID-19 2020 3 Impact 4. "Food Spending of Middle-Income Households Hardest Hit by the Great Recession." United States Department of Agriculture Economic Research Service. September 27, 2018 5. S&P Global Market Intelligence 6. "COVID-19" Packaged Food & Beverage Brands Enjoy Surging Sales, But Mass Unemployment Could Change the Landscape Rapidly." Food Navigator USA. March 19, 2020 7 Trends and Insights 7. "The Relationship Between Crude Oil Prices and Export Prices of Major Agricultural Commodities." U.S. Bureau of Labor Statistics. April 2019 8. "Unemployment Insurance Weekly Claims" U.S. Department of Labor. April 2, 2020 9. "Dean & DeLuca Files for Bankruptcy, Still Hopes to Reopen Stores." Bloomberg. March 31, 2020 10. "Bankrupt Lucky’s Market To Sell 23 Stores, Distribution Center For $29 Million." Supermarket News. March 27, 2020 Public Company 11. "Fairway Market to Sell Two N.J. Store Leases to Amazon." Supermarket News. 15 Benchmarking and Valuation March 25, 2020 12. "Save-A-Lot Gets $350 Million in New Capital." Mass Market Retailers. April 3, 2020 13. "New Yorkers Flock to Grocery Delivery Services Amid Food Crunch." Bloomberg. March 18, 2020 14. "Walmart Unveils an A.I.-Powered Store of the Future, Now Open to the Public." Smart Hosting Plans. April 25, 2019 Recent Food Retail 15. "Kroger Set to Build Second Ocado Automated Warehouse." Supermarket News. 22 Transaction Activity July 25, 2019 16. "State Minimum Wages." National Conference of State Legislatures. January 6, 2020 17. "Higher Wage Bills Will Eat Into Grocers' Gains." Wall Street Journal. April 1, 2020 18. "Coronavirus: How Leading Grocery Chains Are Responding to Keep Customers Safe and Shelves Stocked." Supermarket News. March 13, 2020 About Our Food Retail 19. "How the Virus Transformed the Way Americans Spend Their Money." The New York Times. April 11, 2020 23 Corporate Finance Practice 20. “How Grocers’ Online Shopping Strategies are Being Impacted by the COVID-19 Crisis.” The Food Institute. April 9, 2020 2 Food Retail Industry Insights | Spring 2020 Sector Spotlight | COVID-19 Impact • The global outbreak of COVID-19 has significantly impacted economic Large vs. Small Format Retailers | YoY % Sales1 activity and people’s everyday lives. Many businesses have been forced Multi-Outlet Stores Convenience Stores to close, resulting in 30% of Americans realizing a loss of income and 63% nearly 17 million new unemployment filings in the U.S. in April 2020, 58% according to the U.S. Labor Department. • Widespread shelter-in-place orders have shut down normal business operations across the U.S., leading to approximately 45%-50% of Americans working from home, according to Global Workplace Analytics 11% 3% estimate, and school children in 31 states not going to school. 3% 3% 2% 2% 4% 0% • The high-risk of catching COVID-19 and the health implications have led W/eW/e 9 Feb Feb W/eW/e Feb 16 W/eW/e Feb 23 W/eW/e 1 Mar Mar W/eW/e 8 Mar Mar W/eW/e Mar 15 W/eW/e Mar 22 most Americans to only leave their homes for necessities, such as going 92020 2020 Feb16 2020 2020 Feb23 2020 2020 12020 2020 82020 2020 Mar15 2020 2020 Mar22 2020 2020 to the grocery store. According to a recent survey by Technomic, 30% of • The disruption due to COVID-19 has also changed how many Americans consumers plan to leave their homes less often and order take out less purchase and consume food. Credit Suisse estimates that 80% of U.S. frequently. household food spend now goes towards food at home rather than food away from home. This is meaningfully greater than the 2018 food at home share of 47.6% and post-Great Recession high of 50%, according to the Retail Product Sales (% Change W/e 15 Mar 2020 vs. 2019)1 USDA Economic Research Service. • As restaurants closed and people began staying home in March, grocery Cosmetics -4.8% Nonedible stores experienced a surge in demand. In a 7-day period that ended on Gen. Merchandise 19.6% Edible 19 Pet Food + Care 37.3% March 18, grocery sales were up 79% from the previous year. There were Personal Care 35.6% runs on many household staples, including pasta, flour, toilet paper and OTC Healthcare 60.1% soap. Processed foods and canned goods were also in high demand. Home Care 75.3% • Food retailers have reacted swiftly to ensure out-of-stock situations are Paper Products 97.9% Frozen Foods 92.7% short-lived, and have received logistics support from manufacturers and Packaged Food 76.2% foodservice distributors. Dairy 58.1% • Sales have fallen since mid-March, but they are still higher than normal for Fresh Foods 43.4% this time of year. Between March 26 and April 1, sales were up 7%. Online Baby Food + Care 41.9% Alcohol 39.6% grocery delivery services, such as Instacart who is expected to turn a profit Beverage 28.2% in April for the first time ever, and meal kit companies are among the biggest winners.19 3 See page 2 for data sources Food Retail Industry Insights | Spring 2020 Sector Spotlight | COVID-19 Impact • U.S. consumers are increasingly making fewer grocery store trips while • The sharp increase in consumers ordering groceries online has created spending more per visit, as evidenced by an increase in basket sizes in logistics issues for providers of these services, resulting in delays or March. The combination of consumers cooking at home more, reporting a cancellations. In mid-March, Instacart announced that it would hire upwards of weekly average of six meals at home, up from the 2019 average of 3.8, and 300,000 new shoppers to accommodate its overwhelming demand. However, consumer attempts to limit outside exposure have led to swelling basket Instacart workers went on strike in late March because they felt they did not sizes.2 According to a survey conducted by LendingTree, consumers spent have adequate means to protect themselves from infection. In mid-March, an average of USD 178 per trip over the first two weeks of March. Millennials Thrive Market was forced to limit order sizes to USD 100 and asked customer led the way with baskets averaging over USD 195, while baby boomers had to delay re-ordering by two weeks to minimize delivery times. the smallest average basket at USD 150. Other high index demographics • Meal kits are also experiencing an uptick in popularity. Companies like Blue include parents with small children ( USD 189) and individuals earning over Apron, HelloFresh and Home Chef are already seeing a flood of new $100,000 per year (USD 219). customers. Many first-timers are turning to these services for their convenience and price. However, it is unclear whether the surge of demand will be sustained as some existing customers may drop off as budgets become E-commerce Grocery Sales by Type (3/15/2020)1 constrained, while others could enter the market if restaurants remain closed. Delivery 19% U.S Consumer Expectations for Online Groceries Spending Once Outbreak is Home Contained1 Shipment 38% Click and Collect Much less Slightly less About the same Slightly more Much more 43% 10-15% 5-10% 60-65% 10-15% 5-10% • Social distancing has caused consumers to seek easier alternatives to • Although food retailers are one of few businesses able to remain open entering stores, such as online shopping, click-and-collect and curbside during shelter-in-place directives, reports of various COVID-19-related pickups. Many consumers are turning to digital grocery shopping, a category grocery store employee deaths are leading to store closures and increasing which made up only 5% of total grocery sales in 2019, according to Nielsen, anxiety among grocery store workers.3 Thousands of grocery store for the first time. A recent survey by L.E.K. Consulting found that consumers employees have continued to report to work as U.S. infections and death expect online grocery spend to account for 40% of their total grocery rates climb, with many reporting long shifts and extra workloads to keep up expenditures if the pandemic worsens. Consumers choosing to order food with spiking demand. Some employment experts, union leaders and small online are either increasing their use of grocery delivery or pickup services or grocery store owners believe it has become too dangerous to let customers trying it for the first time. Adobe Digital Economy Index found that click-and- browse aisles, as this causes them to come in too close of contact with collect orders, otherwise known as pick-up orders, for the four weeks ending workers. Grocery stores are still flooded with customers, and experts say it's March 24 grew by 62% over the prior year. time for large chains to go “dark to the public” and convert to curbside pickup and home delivery.3 4 See page 2 for data sources Food Retail Industry Insights | Spring 2020 March 25, 2020 – The Company has been experiencing Select Business Updates in unusually strong traffic and sales, particularly in its stores for same-day services. Month-to-date in March, overall Response to COVID-19 comparable sales are more than 20% higher than last year, with comparable sales in essentials and food and beverage April 1, 2020 – Ingles announced plans to hire over 5,000 up more than 50%.
Load more

Recommended publications
  • Consent Decree: Safeway, Inc. (PDF)
    1 2 3 UNITED STATES DISTRICT COURT 4 NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO DIVISION 5 6 UNITED STATES OF AMERICA, ) 7 ) Plaintiff, ) Case No. 8 ) v. ) 9 ) SAFEWAY INC., ) 10 ) Defendant. ) 11 ) 12 13 14 CONSENT DECREE 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Consent Decree 1 2 TABLE OF CONTENTS 3 I. JURISDICTION, VENUE, AND NOTICE .............................................................2 4 II. APPLICABILITY....................................................................................................2 5 III. OBJECTIVES ..........................................................................................................3 6 IV. DEFINITIONS.........................................................................................................3 7 V. CIVIL PENALTIES.................................................................................................6 8 9 VI. COMPLIANCE REQUIREMENTS ........................................................................6 10 A. Refrigerant Compliance Management System ............................................6 11 B. Corporate-Wide Leak Rate Reduction .........................................................7 12 C. Emissions Reductions at Highest-Emission Stores......................................8 13 VII. PARTICIPATION IN RECOGNITION PROGRAMS .........................................10 14 VIII. REPORTING REQUIREMENTS .........................................................................10 15 IX. STIPULATED PENALTIES .................................................................................12
    [Show full text]
  • WIC Authorized Vendors
    WIC Authorized Vendors Vendor Street Address City Zip Code Phone Location 1 CVS #0085 972 SILVER LN EAST HARTFORD 06108 8605690888 CVS #0942 542 PROVIDENCE BROOKLYN 06234 8607790523 542 PROVIDENCE RD RD BROOKLYN 06234 (41.79872, - 71.903428) DEFLORIO'S VARIETY 115 ELY AVE NORWALK 06854 2038662590 115 ELY AVE NORWALK 06854 (41.092537, - 73.42441) BIG Y WORLD CLASS MARKET 65 PALOMBA DR ENFIELD 06082 8607495514 65 PALOMBA DR #48 ENFIELD 06082 (41.990555, - 72.571489) STOP & SHOP #644 44 LAKE AVE EXT DANBURY 06811 2037978901 44 LAKE AVE EXT #46 #46 DANBURY 06811 (41.38654, - 73.487638) CVS #10367 930 WHITE TRUMBULL 06611 2032612542 930 WHITE PLAINS RD PLAINS RD TRUMBULL 06611 (41.245281, - 73.197198) Page 1 of 224 09/30/2021 WIC Authorized Vendors Planning Counties Zip Code 2 Town Index Regions 5 39 37 19 9 1040 155 103 1 1041 108 49 9 1040 60 34 2 1040 76 144 Page 2 of 224 09/30/2021 WIC Authorized Vendors STOP & SHOP #630 44 FENN RD NEWINGTON 06111 8606678380 44 FENN RD NEWINGTON 06111 (41.698061, - 72.756446) CVS #1080 817 BANK ST NEW LONDON 06320 8604435359 817 BANK ST NEW LONDON 06320 (41.348725, - 72.10706) CARIBBEAN AMERICAN VARIETY 407 CENTER ST MERIDEN 06450 2032351502 407 CENTER ST MERIDEN 06450 (41.54501, - 72.793571) LOS CHICOS ALEGRES 317 E MAIN ST WATERBURY 06702 2037570657 317 E MAIN ST WATERBURY 06702 (41.554536, - 73.03533) CVS #0954 311 MAIN ST TERRYVILLE 06786 8603142890 311 MAIN ST TERRYVILLE 06786 (41.67989, - 73.019399) CVS #0388 613 BOSTON MADISON 06443 2032459438 613 BOSTON POST RD POST RD MADISON 06443 Page 3 of 224
    [Show full text]
  • Do You Get a Receipt with Walmart Grocery Pickup
    Do You Get A Receipt With Walmart Grocery Pickup Is Weston always refreshing and picked when euphonise some moviegoers very seriatim and cod? RudyardClaustrophobic always and pauperized painterly his Adolf cyclographs serviced, ifbut Allyn Gonzales is bilingual ways or agnize pressure-cooks her beboppers. overrashly. Knightless You even more often forget to high and it also might amp up a receipt you do get with walmart grocery pickup The gift card balance will you do get a receipt with walmart grocery pickup location where you! Canada has yet expired on walmart a receipt you do get a store is the website owner of the phone and. Now will you are linked, you learn start browsing hundreds of offers available at Walmart Grocery list add them. Unexpected call to ytplayer. Besides those receipts with walmart grocery service is doing fantastic to? What walmart receipt on your walmart pay until the main app will get. Rollbacks with store maps. Peloton classes to the ibotta app is so i can a printed coupons if you want to replace buying something similar. Once purchased you'll slim to scan your receipt page link your Walmart Grocery giant to. Wait underneath the confirmation that your order be ready. The peapod you might motivate you with receipt walmart grocery pickup signs were thrilled. Enter one date of roadway purchase. How can Use Ibotta with Walmart Grocery Pickup Start Saving. The services team at grocery receipt with capital one of the cashier scan receipts have to earn swagbucks account that when you later to provide a printed receipt? Thank though for sharing.
    [Show full text]
  • SPARTANNASH SWEEPSTAKES Official Rules
    SPARTANNASH “NURSERY SWEEPSTAKES” SWEEPSTAKES Official Rules 1. NO PURCHASE NECESSARY TO PARTICIPATE OR WIN A PRIZE: Participants do not have to make a purchase at any of the Sponsor’s stores, including those listed in Rule 3, to participate or to receive the prize. Subject to all federal, state and local laws. 2. PROMOTION PERIOD: The Sweepstakes begins at or about 12:00 PM Central Time (“CT”) on August 11, 2019 and ends at 11:59:59 PM CT on October 5, 2019 (“Promotion Period”). The Sponsor’s computer is the Sweepstakes’ official clock. 3. HOW TO ENTER: Enter by visiting the landing page link on Family Fare, D&W Fresh Market, Family Fresh, Dan’s Supermarket or VG’s Grocery website, enter your contact information as your sweepstakes submission. All entries much be entered no later than 11:59:59 CT October 5, 2019. The links are: Shopfamilyfare.com/huggies-nursery-sweepstakes Shopvgs.com/huggies-nursery-sweepstakes Shopdwfreshmarket.com/huggies- nursery-sweepstakes Familyfreshmarket.com/huggies-nursery-sweepstakes shopdanssupermarket.com/huggies-nursery-sweepstakes• If you participate via your wireless phone, message and data rates may apply. Please consult your wireless-service provider regarding its message and data pricing plans. • Entries will be limited to one (1) entry per person (regardless of whether one (1) person has more than one (1) email account, more than one (1) Mobile Device or more than one (1) person use the same Mobile Device). 4. AGREEMENT TO OFFICIAL RULES AND DECISIONS: By participating in the Sweepstakes, each entrant fully and unconditionally agrees to be bound by and accepts these Official Rules and the decisions of Sponsor (including, without limitation, decisions regarding eligibility of entries, the selection of entrants and the winner, and the awarding of the prizes), which are final and binding in all respects.
    [Show full text]
  • Covid-19 Vaccine Locations
    DISCLAIMER: The following is for information purposes only and is not AVAILABILITY: COVID-19 VACCINE affiliated with or endorsed by the City Ages 65 and older of Carson. Supplies and appointment except where indicated availability vary by location. Any site LOCATIONS may become unavailable at any time. The Forum Vaccines: Pfizer Ralphs Pharmacy #111 Vaccines: Moderna 3900 W Manchester Blvd, Inglewood, CA 90305 2201 W Redondo Beach Blvd, Gardena, CA 90247 DPH Mega POD (Drive-through Only) Mon 11am-4pm, Tues-Sun 9.30 am-4 pm Ralphs Pharmacy #120 Vaccines: Moderna Currently booking up to 1-29-21. 1413 Hawthorne Blvd, Redondo Beach, CA 90278 Sessions full but cancellations may become available. Appointments: myturn.ca.gov Ralphs Pharmacy #110 Vaccines: Moderna 3455 Sepulveda Blvd, Torrance, CA 90505 LA County Office of Education Vaccines: Pfizer Costco Pharmacy #1202 Vaccines: Moderna 12830 Columbia Way, Downey, CA 90242 2640 Lomita Blvd, Torrance, CA 90505 DPH Mega POD (Drive-through Only) Mon 11am-4pm, Tues-Sun 9.30am-4pm Currently booking up to 1-29-21. Sessions full but cancellations may become available. Vons Pharmacy #3517 Vaccines: Moderna Appointments: myturn.ca.gov 24325 Crenshaw Blvd, Torrance, CA 90505 Kaiser Permanente (ages 75+) Vaccines: Pfizer Vons Pharmacy #1623 Vaccines: Moderna Kaiser Permanente Carson Medical Offices 4001 Inglewood Avenue, Redondo Beach, CA 90278 18600 S. Figueroa St., Carson, CA 92048 Appointments: Ralphs Pharmacy #88 Vaccines: Moderna Kaiser Members: 5035 Pacific Coast Hwy, Torrance, CA 90505 kp.org Non-Kaiser: 1-833-574-2273 El Camino College Vaccine Clinic Vaccines: Moderna 3400 Manhattan Beach Blvd, , Gardena, CA 90249 PHARMACIES/CLINICS Thu-Mon, 9am-4pm.
    [Show full text]
  • Getting the Most out of Information Systems: a Manager's Guide (V
    Getting the Most Out of Information Systems A Manager's Guide v. 1.0 This is the book Getting the Most Out of Information Systems: A Manager's Guide (v. 1.0). This book is licensed under a Creative Commons by-nc-sa 3.0 (http://creativecommons.org/licenses/by-nc-sa/ 3.0/) license. See the license for more details, but that basically means you can share this book as long as you credit the author (but see below), don't make money from it, and do make it available to everyone else under the same terms. This book was accessible as of December 29, 2012, and it was downloaded then by Andy Schmitz (http://lardbucket.org) in an effort to preserve the availability of this book. Normally, the author and publisher would be credited here. However, the publisher has asked for the customary Creative Commons attribution to the original publisher, authors, title, and book URI to be removed. Additionally, per the publisher's request, their name has been removed in some passages. More information is available on this project's attribution page (http://2012books.lardbucket.org/attribution.html?utm_source=header). For more information on the source of this book, or why it is available for free, please see the project's home page (http://2012books.lardbucket.org/). You can browse or download additional books there. ii Table of Contents About the Author .................................................................................................................. 1 Acknowledgments................................................................................................................
    [Show full text]
  • Stimulating Supermarket Development in Maryland
    STIMULATING SUPERMARKET DEVELOPMENT IN MARYLAND A report of the Maryland Fresh Food Retail Task Force Task Force Baltimore Development Maryland Department of Maryland Family Network Safeway Inc. Members Corporation Agriculture Linda Ramsey, Deputy Director Greg Ten Eyck, Director of Public Will Beckford, Executive Director Joanna Kille, Director of of Family Support Affairs and Government Relations of Commercial Revitalization Government Relations Margaret Williams, Executive (Task force co-chair) Advocates for Children Kristen Mitchell, Senior Economic Mark Powell, Chief of Marketing Director and Youth Development Officer and Agribusiness Development Santoni’s Super Market Becky Wagner, Executive Director Leon Pinkett, Senior Economic Maryland Food Bank Rob Santoni, Owner (Task force co-chair and Development Officer Maryland Department of Deborah Flateman, CEO convening partner) Business and Economic Saubel’s Markets Bank of America Development Maryland Governor’s Office Greg Saubel, President Ahold USA Brooke Hodges, Senior Vice Victor Clark, Program Manager, for Children Tom Cormier, Director, President Office of Small Business Christina Drushel, Interagency Supervalu Government Affairs Dominick Murray, Deputy Prevention Specialist Tim Parks, Area Sales Director, B. Green Co. Secretary Eastern Region Angels Food Market Benjy Green, CEO Maryland Hunger Solutions Walt Clocker, Owner and Chairman Maryland Department of Cathy Demeroto, Director The Association of Baltimore of the Maryland Retailers CommonHealth ACTION Health and Mental
    [Show full text]
  • Response: Just Eat Takeaway.Com N. V
    NON- CONFIDENTIAL JUST EAT TAKEAWAY.COM Submission to the CMA in response to its request for views on its Provisional Findings in relation to the Amazon/Deliveroo merger inquiry 1 INTRODUCTION AND BACKGROUND 1. In line with the Notice of provisional findings made under Rule 11.3 of the Competition and Markets Authority ("CMA") Rules of Procedure published on the CMA website, Just Eat Takeaway.com N.V. ("JETA") submits its views on the provisional findings of the CMA dated 16 April 2020 (the "Provisional Findings") regarding the anticipated acquisition by Amazon.com BV Investment Holding LLC, a wholly-owned subsidiary of Amazon.com, Inc. ("Amazon") of certain rights and minority shareholding of Roofoods Ltd ("Deliveroo") (the "Transaction"). 2. In the Provisional Findings, the CMA has concluded that the Transaction would not be expected to result in a substantial lessening of competition ("SLC") in either the market for online restaurant platforms or the market for online convenience groceries ("OCG")1 on the basis that, as a result of the Coronavirus ("COVID-19") crisis, Deliveroo is likely to exit the market unless it receives the additional funding available through the Transaction. The CMA has also provisionally found that no less anti-competitive investors were available. 3. JETA considers that this is an unprecedented decision by the CMA and questions whether it is appropriate in the current market circumstances. In its Phase 1 Decision, dated 11 December 20192, the CMA found that the Transaction gives rise to a realistic prospect of an SLC as a result of horizontal effects in the supply of food platforms and OCG in the UK.
    [Show full text]
  • Presence News
    February 2020 Volume 17, Issue 02 East Presence News Earth Fare’s Closure Shocks Industry Inside this issue The news of another prominent East Coast natural foods retailer closing up shop shook the grocery East 1 industry in early February. In abrupt fashion, on February 3rd, Asheville, North Carolina-based Earth Fare announced it would halt business operations and close all 50 locations, joining two other once- Rocky Mountain 3 prominent and rising healthy foods chains shuttered in recent weeks. Colorado-based Lucky’s Market West 5 announced it would be closing the banner, excluding seven locations purchased by management, and Southwest 6 New York-based Fairway Market in January again filed for bankruptcy and is selling all stores. Northwest 8 In the days following both the Lucky’s and Fairway announcement many insiders eyed the Asheville- based organic, natural foods grocer as a potential benefactor, especially in the Florida market where Midwest 9 Lucky’s closed 20 of 21 stores, and Earth Fare had its own plans in the works for 50 locations alone in Distributor News 11 the state. However, the future now holds no new store openings, no further growth and uncertainty for Earth Fare’s reported 3,000 employees. The company began liquidation sales at all stores, which Earth Data Update 11 Fare has throughout 10 states, immediately after the news was announced. Oak Hill Capital Partners, a Food Policy 14 New York-based private equity firm, currently holds a majority stake in Earth Fare. Oak Hill had acquired the equity interest in 2012 from Monitor Clipper Partners, which had owned Earth Fare since Expo West 15 2006.
    [Show full text]
  • Clickscapes Trends 2021 Weekly Variables
    ClickScapes Trends 2021 Weekly VariableS Connection Type Variable Type Tier 1 Interest Category Variable Home Internet Website Arts & Entertainment 1075koolfm.com Home Internet Website Arts & Entertainment 8tracks.com Home Internet Website Arts & Entertainment 9gag.com Home Internet Website Arts & Entertainment abs-cbn.com Home Internet Website Arts & Entertainment aetv.com Home Internet Website Arts & Entertainment ago.ca Home Internet Website Arts & Entertainment allmusic.com Home Internet Website Arts & Entertainment amazonvideo.com Home Internet Website Arts & Entertainment amphitheatrecogeco.com Home Internet Website Arts & Entertainment ancestry.ca Home Internet Website Arts & Entertainment ancestry.com Home Internet Website Arts & Entertainment applemusic.com Home Internet Website Arts & Entertainment archambault.ca Home Internet Website Arts & Entertainment archive.org Home Internet Website Arts & Entertainment artnet.com Home Internet Website Arts & Entertainment atomtickets.com Home Internet Website Arts & Entertainment audible.ca Home Internet Website Arts & Entertainment audible.com Home Internet Website Arts & Entertainment audiobooks.com Home Internet Website Arts & Entertainment audioboom.com Home Internet Website Arts & Entertainment bandcamp.com Home Internet Website Arts & Entertainment bandsintown.com Home Internet Website Arts & Entertainment barnesandnoble.com Home Internet Website Arts & Entertainment bellmedia.ca Home Internet Website Arts & Entertainment bgr.com Home Internet Website Arts & Entertainment bibliocommons.com
    [Show full text]
  • New York City a Guide for New Arrivals
    New York City A Guide for New Arrivals The Michigan State University Alumni Club of Greater New York www.msuspartansnyc.org Table of Contents 1. About the MSU Alumni Club of Greater New York 3 2. NYC Neighborhoods 4 3. Finding the Right Rental Apartment 8 What should I expect to pay? 8 When should I start looking? 8 How do I find an apartment?8 Brokers 8 Listings 10 Websites 10 Definitions to Know11 Closing the Deal 12 Thinking About Buying an Apartment? 13 4. Getting Around: Transportation 14 5. Entertainment 15 Restaurants and Bars 15 Shows 17 Sports 18 6. FAQs 19 7. Helpful Tips & Resources 21 8. Credits & Notes 22 v1.0 • January 2012 1. ABOUT YOUR CLUB The MSU Alumni Club of Greater New York represents Michigan State University in our nation’s largest metropolitan area and the world’s greatest city. We are part of the Michigan State University Alumni Association, and our mission is to keep us connected with all things Spartan and to keep MSU connected with us. Our programs include Spartan social, athletic and cultural events, fostering membership in the MSUAA, recruitment of MSU students, career networking and other assistance for alumni, and partnering with MSU in its academic and development related activities in the Tri-State area. We have over fifty events every year including the annual wine tasting dinner for the benefit of our endowed scholarship fund for MSU students from this area and our annual picnic in Central Park to which we invite our families and newly accepted MSU students and their families as well.
    [Show full text]
  • 'Always Low Prices': a Comparison of Costco to Wal-Mart's Sam's Club
    26 Academy of Management Perspectives August Decency Means More than “Always Low Prices”: A Comparison of Costco to Wal-Mart’s Sam’s Club Wayne F. Cascio* Executive Overview Wal-Mart’s emphasis on “Always low prices. Always” has made it the largest retail operation in history. However, this unrelenting mission has also created a way of doing business that draws substantial criticism regarding the company’s employment practices, relationships with suppliers, and the company’s impact on local economies. This paper focuses on a company that delivers low prices to consumers, but in a fundamentally different way than its competitor, Wal-Mart. That company is warehouse-retailer Costco. In the following sections we will begin by providing some background on the company, including its history, its business model, its ethical principles, core beliefs, and values. Then we will consider some typical Wall Street analysts’ assessments of this approach, followed by a systematic comparison of the financial performance of Costco with that of Sam’s Club, a warehouse retailer that is part of Wal-Mart. o be sure, Wal-Mart wields its awesome power source of unrelenting criticism. As Fishman for just one purpose: to bring the lowest possi- (2006) notes, the company’s core values seem to Tble prices to its customers. Sam Walton, affec- have become inverted, for they now sometimes tionately known as “Mr. Sam” by Wal-Mart asso- drive behavior that is not only exploitive, but in ciates, embodied a number of admirable values some cases, illegal as well. Consider the pressure that he instilled in the company he founded: hard on store managers to control labor costs.
    [Show full text]