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Essay text:
Between 1995 and 1997, Sears’ retail store revenue per selling square foot was not only lower than that of Wal-Mart but in decline.
Sears allows customers to pay for merchandise over time if they use the company’s proprietary credit card. Sears opened 24 million new credit card accounts over a 3 year period and had 27 million active customer credit accounts with an average balance of $1058 in 1997. The balance on credit cards accounted for 90% of the total receivables. In contrast, Wal-Mart does not have their own proprietary credit cards and its customers may use a MasterCard with a Wal-Mart logo that is issued by the Chase Manhattan Bank...
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Common topics in this essay:
- Richard Warren Sears And Sears, Roebuck, & Company
- A Case Study on Wal-Mart Stores Inc
- Case Study Solution: Wal-Mart Stores, Inc.
- Data Analysis of Wal-Mart Stores Inc.
- Sears Holdings Corporation; Kmart And Sears As One
- Sears, Roebuck And Co. Vs. Wal-Mart Stores, Inc
- Sears, Roebuck And Co. Vs. Wal-Mart Stores, Inc
- Sears, Roebuck and Co.
- Wal Mart Stores Inc
- Wal Mart Stores
- Wal-Mart Furniture Stores Phase IV
- Wal-Mart Stores, Inc.
- Wal-Mart Stores: Every Day Low Prices in China
- Wal-Mart Stores: Everyday Low Prices In China
- Wal-Mart Stores: Everyday Low Prices in China
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