Please reword the writing below. Please keep the format as it is: From 2003 to 2

Question

Please reword the writing below. Please keep the format as it is:

From 2003 to 2013 the retail Industry has had difficulty recovering from the recession in 2007. Customers have less money to spend and look for deals in the retail market. This document will be comparing and contrasting Kohl’s, Target, Walmart, and Macy’s growth over the period 2003-2013. Walmart is the only company out of the four companies that grew in sales. The other company’s sales were not able to increase after the recession. Analyzing each company’s assets and sales it will be shown catering to higher end pricier products decrease sales, whereas, catering to lower end customers (Walmart has) sales increased.  

Over the period of 2003-2013 Target has been losing sales and market share while trying to grow their assets. As seen in Exhibit 1 over the period of 2003-2013 Total Assets have increased by 28,603($MM) to 48,163$(MM).Within assets, Gross Plant Property and Equipment has grown the most, indicating, Target has been acquiring more assets between 2003-2013. In seen in Exhibit 2 sales have been declining from 2003-2013. During the recession in 2007 the Total Asset Turnover ratio declined rapidly do to a decrease in sales. Customers during the period of 2007-2010 did not have enough money to retail shop and therefore sales had decreased. After 2010 sales did not recover revealing there was no growth in the company during the 2003-2013 period.

From 2003 to 2013 Kohl’s has been overinvesting in assets. According to Exhibit 3 total assets, gross PP&E, and Net PP&E have grown in the period of 2003 to 2013. However, in Exhibit 4 the Total asset turnover has declines in addition to sales increased. The Total Asset Turnover is numerator driven indicating Sales are declining at a faster rate than increase in total assets. Kohl’s attempt to grow has been unsuccessful due to the increase in assets, decrease in sales, and decrease in Total Asset Turnover.

In 2003 to 2013 Macy’s company stopped growing after 2006 due to the recession. In Exhibit 5 Total Assets, Gross PP&E, and Net PP&E are declining after 2006. The company has not reinvested in assets and there is no indication of growth in the company.

Walmart has focused on Low Prices Always moto and has grown as a result from catering to lower middle & middle class families. In Exhibit 6 Sales and Total Assets have grown in the time period of 2003-2013. They opened up new stores and generated more revenues revealing successful growth. Also in Exhibit 6 shows the Total Asset Turnover ratio has slightly declined indicating sales are not increasing at the same rate as total assets. However, it’s a slight decrease meaning Walmart’s sales/ total assets declined only by .029. The decline in much less than their competitors.    

Explanation / Answer

US faced a major recession during the year 2007 and this created a major pre-recession impact and post-recession impact on various retail stores. Customers started looking on for deals in retail market as they had less money to spend. The following document is all about the growth of four major retail giants namely the Kohl’s, Target, Walmart, and Macy’s whose growth over the period 2003 – 2013 are compared and contrasted. Walmart was the only company to increase in sales from the all the above companies as they targeted the lower end customers.

Target has been trying to increase its assets over the periods of 2003-2013. It is evident from the Exhibit 1 that the total Assets of Target has increased by 28,603($MM) to 48,163$(MM), whereas the Sales of Target has seen a sharp decline in the same period. The Total Asset Turnover ratio has seen a sharp decline due to increase in investments and decline in sales. During 2007 recession, customers did not have enough money which also attributed to the lower sales percentage. The sales data of 2003 – 2013 period revelad that there was no growth in sales during these years.

Kohl has also been overinvesting in Assets over the years from 2003 to 2013. There is a sharp decline in the Total Asset Turnover ratio. From Exhibit 3 we observe that the total assets, gross PP&E, and Net PP&E have increased in the period of 2003 – 2013. But from Exhibit 4 we observe that the Total asset turnover ratio has declined though sales has increased. Kohl's attempt to growth has been unsuccessful due to the increase in assets, decrease in sales, and decrease in Total Asset Turnover

Due to Recession Macy's have almost stopped growing after 2006. From Exhibit 5 we observe that there is a sharp decline in Total Assets, Gross PP&E, and Net PP&E. These data indicates that the company has neither reinvested in assets nor has grown over periods.

The only company to have flourish during the recession was Walmart. The moto of Walmart (Low Prices Always) helped the company to grow by catering to the needs of lower-middle and middle class families. From Exhibit 6 we can observe that Total Assets have grown in between 2003 – 2013 but they have also revealed that they have generated more revenues by opening more stores. But from exhibit 6 we can observe that the Total Asset Turnover Ratio has a marginal decrease of 0.029 as sales are slightly lagging behind the total assets. But still this decline is way much cheaper than their competitors.

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