7Eleven Inc David E Bell Hal Hogan 2003
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It was a scorching hot summer afternoon in July 2003. It was 99 degrees outside in my apartment in San Francisco. I was working in my apartment office that afternoon, trying to complete my research papers on the economy of New Zealand. My apartment office had a wall-to-wall window with an outdoor balcony, with my computer and a book I had been reading (Anna Karenina). I heard a man’s voice behind me, “David, I am your biggest fan.” I turned around, and there was
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7Eleven, Inc. (NYSE: WAAS) was a US supermarket chain that emerged as a major competitor in 2003. The company offered a wide variety of groceries, snacks and beverages at discounted prices and convenient locations. have a peek at this website David E. Bell, the company’s Chairman & CEO, and Hal Hogan, its President & COO, introduced the company in the US in 2001. However, it became popular only after the of mobile shopping app “7E
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The case study was a report on the problem of how to expand into a new market – “Global expansion”. The problem seemed simple and the solution seemed a no-brainer, but we needed to test the idea by talking to key stakeholders, exploring feasibility, and looking for alternative ways of achieving the same end. In our conversations, we learned that one of our largest competitors, 7-Eleven Japan, had been aggressively expanding overseas in a short time frame. We found their approach to be quite successful in
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In 2003, I was invited to submit a case study for a global case study writing competition on 7Eleven Inc. David E Bell Hal Hogan, an established researcher and business consultant at Cedar Point Consulting in San Francisco. I had not heard of 7Eleven Inc. Before the competition, but the company made a splash in the news when they introduced a new store model and a low price strategy. I was initially interested in their model but did not realize their success in just a few years. They had
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1. Background On 19 February 2002 7Eleven Inc (7E), based in Hong Kong, completed the public offer to buy 50.1% of the outstanding shares in Australia’s largest retailer, the Westfield Group, for approximately A$2.8 billion (HK$21.2 billion). In November 2002, 7E was rebranded as 7-Eleven Holdings Pte Ltd. In February 2003, 7E
