Companies to Watch: the Gap and Nordstroms

I chose to research two very(prenominal)(prenominal) different frock retail stores. The hatchway, Inc. and Nordstrom, Inc. are very interesting companies to me because they deal with something that is very important to me and a lot of people, clothes. Everyone buys and wears clothes, and these are two companies who produce succeeded in this venture. They both started out with the same intentions, to allot clip through specialty stores, but at this point Nordstroms has been more(prenominal) successful. In theory these two companies are very like because they are trying to accomplish the same thing. They both sell apparel, shoes and accessories for women, men and children through specialty and headroom stores. The clearance stores mentioned are Nordstrom Rack and GAP factory outlet stores. They similarly stress the use of personalized customer service. The GAP and Nordstrom tactile property that good customer service is the way to keep customers clever and thus keep them loyal. Because of this, they harbor many employees to serve their customers and cast a lot of time training these employees. These companies are also set up in the same way. They each have a chairman, president, and a couple of vice presidents. They both die on the New York Stock Exchange.

Another interesting parity is that they both are based out of the west coast, The GAP in San Francisco and Nordstrom in Seattle. But this is where the similarities end. The sizes of these two companies are very different. The GAP is a global retailer with about 3,700 stores and 166,000 employees worldwide. Nordstrom on the other hand has about 77 stores nationwide and 43,000 employees. It does break one international boutique, Faconnable, mainly in Europe. The GAP has trinity brands including GAP, Banana Republic and Old Navy, all operating in their own stores. Because of this huge difference in size, the GAP has a great deal higher revenue than Nordstrom, but this doesnt mean that its a divulge company. In the news lately, the GAP has been... If you want to get a full essay, order it on our website: Ordercustompaper.com

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