Shoe Salon, Cosmetics And Fragrances Inc. Essay - 875 Words

There are many benefits to capitalism and the free enterprise system such as the ability to own a business and exchange stocks and other investments. Although capitalism gives companies the opportunity to grow financially, it is an equal opportunity system as it allows the same for its competitors. Ulta Salon, Cosmetics Fragrances Inc. (Ulta) is a part of the specialty store industry and one of its main competitors is Sally Beauty Holdings Inc. (SBH). SBH is a serious competitor given their history and products, their prior financial success; and the company is expected to continue this successful financial trend due to their spreading presence in the global market and their increase in sales in 2014. History Products Sally Beauty Holdings Inc. is a worthy competitor given their extensive history, including their numerous acquisitions in several different countries and their impressive product line. SBC was established in 1964 and acquired by Alberto-Culver in 1969.Between 1969 and 2006, SBH acquired several businesses such as Bailey’s Professional Beauty and R.M. Barnum Beauty Supply and they opened approximately 2000 stores. In 2006, SBH separated from Alberto-Culver and was once again its own entity and was then listed on the New York Stock Exchange under the ticker symbol â€Å"SBH.† (MarketLine, 2015). Currently, SBH operates through two venues, their public stores called Sally Beauty Supply and their professional supplier brand known as Beauty Systems Group (2014Show MoreRelatedMarketing Management Mcq Test Bank53975 Words   |  216 Pagesthe power of a brand D) the process of comparing competing brands available in the market E) use of online interactive media to promote pro ducts and brands Answer: C Page Ref: 243 Objective: 1 Difficulty: Easy 1 Copyright  © 2012 Pearson Education, Inc. Publishing as Prentice Hall 4) Brand ________ is the added value endowed to products and services. A) loyalty B) equity C) preference D) identity E) licensing Answer: B Page Ref: 243 Objective: 2 Difficulty: Easy 5) ________ is the differentialRead MoreMarketing Management 14th Edition Test Bank Kotler Test Bank173911 Words   |  696 Pagesselling concept? A) shopping goods B) unsought goods C) necessary goods D) luxury goods E) complementary goods Answer: B Page Ref: 18 Objective: 4 AACSB: Analytic skills Difficulty: Moderate 53) As a major steel manufacturer, SteelMakers Inc. focuses on having the most efficient manufacturing processes in place. The company believes that its competitive edge lies in its ability to offer the best prices. They also maintain an excellent distribution network that ensures wide availabilityRead MoreManagement Course: Mba−10 General Management215330 Words   |  862 PagesHughes−Ginnett−Curphy The Art of M A: Merger/Acquisitions/Buyout Guide, Third Edition Reed−Lajoux and others . . . This book was printed on recycled paper. Management http://www.mhhe.com/primis/online/ Copyright  ©2005 by The McGraw−Hill Companies, Inc. All rights reserved. Printed in the United States of America. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval