Companies to Watch: The Gap and Nordstroms :: essays research papers fc

     I decided to investigate two totally different attire retail locations. The GAP, Inc. furthermore, Nordstrom, Inc. are fascinating organizations to me since they manage something that is critical to me and many individuals, garments. Everybody purchases and wears garments, and these are two organizations who have prevailing in this endeavor. The two of them began with similar aims, to sell attire through claim to fame stores, however now Nordstrom’s has been progressively effective.      In hypothesis these two organizations are fundamentally the same as on the grounds that they are attempting to achieve something very similar. The two of them sell clothing, shoes and adornments for ladies, men and youngsters through claim to fame and leeway stores. The leeway stores referenced are Nordstrom Rack and GAP production line outlet stores. They likewise stress the utilization of customized client support. The GAP and Nordstrom feel that great client support is the best approach to keep clients glad and accordingly keep them faithful. Along these lines, they have numerous workers to serve their clients and invest a great deal of energy preparing these representatives.      These organizations are additionally set up similarly. They each have an administrator, president, and two or three VPs. The two of them work on the New York Stock Exchange. Another intriguing similitude is that the two of them are based out of the west coast, The GAP in San Francisco and Nordstrom in Seattle. Be that as it may, this is the place the likenesses end.      The sizes of these two organizations are altogether different. The GAP is a worldwide retailer with around 3,700 stores and 166,000 workers around the world. Nordstrom then again has around 77 stores across the nation and 43,000 representatives. It operates one global boutique, Faconnable, principally in Europe. The GAP has three brands including GAP, Banana Republic and Old Navy, all working in their own stores. In light of this colossal distinction in size, the GAP has a lot higher income than Nordstrom, however this doesn’t imply that it’s a superior organization.      In the news of late, the GAP has been under a great deal of investigation since its deals have been down so much causing their FICO score to lower too. Financial specialists feel this is because of the sharp log jam in shopper spending, developing rivalry and arrangement of style misses. It has an excessive number of stores open to continue this significant hit on deals. They have almost no obligation, however examiners believe that this blend spells a future chapter 11.