Thesis-Governed Paper-Anntaylor Store Corporation

AnnTaylor Stores kitty Thesis-Governed Paper By: Eliza Arnold Thesis AnnTaylor Stores Corporation, a retail merchant of professional and classic robes and confederate results for career-oriented women, has had a concludeably noble aim of winner from 2005 to 2007 gather in to strong blot equity, superior inventory derangement and victoryful odorous stores, and then was fol outseted by a low level of success from 2008-2009 due to lack of product miscellanea and appeal for the identify market, intense competition, reduced gross sales in the midst of the recessive economy, as well as disadvantage of management counselor due to continual overthrow of executives. Measures of Success The level of success AnnTaylor Stores Corporation has had over the last cardinal age can be thrifty by pecuniary measures, much(prenominal) as revenues, sales, direct salary, run loss, and authorize profit. Also, the level of success will be measured by the number of jobs eliminated and added, employees sex and hired, and the number of store coal scuttles and closings. distinguish of Success AnnTaylor Stores Corporation recorded a strong operating exertion during 2007. Its revenues grew by 13% in 2007, against an patience average out of 11.8%, to $2,342.9 adept thousand thousand. The smasheds revenues grew at a flux yearbook growth footstep of 14.

1% during 2003-2007 as against an industry average of 10.8%. The beau mondes operating profit increase well by 70.8% to $223.8 million in 2007. The operating profit of the company registered a compound annual growth rate of 14% during 2003-2007. The companys net profit overly grew considerably by 74.6% to $143 million in fiscal 2007 from $81.9 million in fiscal 2006. Robust financial performance modify the financial position of the company and enabled it to expand. The reason for this success is due to the firm being able to nurture strong brand equity, elevated inventory turnover and creating and opening successful new stores (SWOT Analysis, 2007). As of August 2009, sales for AnnTaylor Stores...If you penury to get a rise essay, order it on our website: Orderessay

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