![]() The parent company of TJ Maxx, Marshall’s, and Home Goods obtains discounted brand-name merchandise through close-out sales, manufacturer errors, and order cancellations, and then sells that merchandise at 20% to 60% discounts. Off-price retail giant TJX Companies has found success in apparel and home goods with a business model that’s not easily replicated online. ![]() With a payout ratio of around 70% of earnings, McDonald's comfortably pays its dividend. It has increased those payments to shareholders each year since the mid-1970s, making the company a Dividend Aristocrat. Investors also like McDonald's for its consistent dividend payments. It also owns much of the real estate that its franchised restaurants occupy, allowing it to collect rent while franchisees do the hard work of running restaurants.Įven in the ever-changing restaurant space, McDonald's has found a way to stay not only relevant, but hip. Innovations such as digital menus that automatically change throughout the day, automated kiosks for ordering, online and mobile order capabilities, and delivery options are making McDonald's more accessible than ever.Īt the same time, the restaurant chain still has an emphasis on value that keeps customers coming back for more, and its drive-thrus have helped it weather the pandemic better than many other restaurant chains. McDonald's has come a long way from its heyday in the mid-20th century, and the fast-food colossus has worked hard to keep up with the times. ![]() The company as of December, 2020, has more than 33,000 locations across the globe, and expects to have 55,000 locations by 2030, indicating no shortage of growth opportunities. Starbucks gained market share during the crisis due to the strength of its brand, tech initiatives, and financial flexibility, as rivals like independent cafés have struggled. The company is expecting comparable-store sales growth of 18% to 23% in its fiscal year 2021. Though those sales numbers fell sharply during the pandemic, Starbucks is rebounding quickly. You can see the company’s success in its comparable-store sales, which have a history of growing steadily. By introducing the European café concept to the American masses, Starbucks taps into consumers’ urges to treat themselves to small luxuries, and its premium beverages now have a loyal following the world over. The coffee company has a role in how much of the world's population starts its day, with its ubiquitous coffeehouses sporting lines out the door most mornings. Even as revenue growth has been sluggish during the pandemic, Nike has delivered solid profits. Nike has built a strong digital ecosystem around apps like SNKRS and the Nike Training Club, which has buffered much of the impact of the crisis. Though COVID-19 has impacted Nike’s business, it’s also accelerated the company’s shift to digital and direct channels, a key part of the company's strategy. And with the global sportswear company working to play a bigger role in fast-growing areas such as China, the sky's the limit for Nike's future growth. Nike’s market share of athletic footwear, recently estimated at between 25% and 30%, puts it well ahead of international competitors Adidas ( OTC:ADDYY) and ASICS ( OTC:ASCCF). Long after Michael Jordan left the professional basketball court, Air Jordan shoes remain a mainstay of Nike's business. ![]() The strength of Nike's business model stems from its use of celebrity endorsements, tying the success of high-profile athletes to the company's products. Nike has established a dominant position in athletic footwear and apparel, with more than half a century of innovation in making sports equipment accessible to a broad consumer audience.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |