Why brand image matters for businesses? Brand image matters more than what most managers or entrepreneurs believe. Especially, in a hypercompetitive market environment, businesses cannot afford to keep it aside from the main picture. It is not just something you can leave to the marketing function and forget. Brand image is not limited to a … Read more
Both Walmart and Costco are well known brands in the US retail industry. However, compared to Costco, Walmart has a larger footprint, both domestically and internationally. Walmart is pursuing an aggressive expansion strategy to expand its customer base overseas. It has also made some acquisitions to expand its international customer base and ecommerce capabilities. Each … Read more
The chart above displays the number of Nike stores operational outside the US from 2005 to 2022. In 2022, the number of Nike International stores was 702 or 21 less compared to the prior year. Number of Nike Stores located Internationally 2001-2022 YEAR INTERNATIONAL Stores 2022 702 2021 723 2020 758 2019 768 2018 790 … Read more
The chart above displays Nike’s net sales of men’s and women’s products. Men’s products are the largest segment based on net sales. In 2022, Nike generated $18,797 million from men’s products and $8,273 million from women’s products. Revenue of Nike from Men’s & Women’s Products 2014-2022 Check out Nike’s revenue from men’s, women’s and kids … Read more
The chart above displays the number of Nike stores operational in the US from 2005 to 2022. In 2022, the number of Nike stores in the US alone was 344 or 19 higher compared to the prior year. Nike Stores in the United States 2001-2022 YEAR Stores in United States 2022 344 2021 325 2020 … Read more
The chart above displays Nike’s revenue from Jordan. In 2022, Jordan generated $5,122 million in revenue, which was $342 million higher than the prior year. Nike Revenue from Jordan Brand 2015-2022 Amounts are in $millions. Year Jordan Brand Revenue ($mn) 2022 $5,122 2021 $4,780 2020 $3,687 2019 $3,138 2018 $2,856 2017 $3,098 2016 $2,753 2015 … Read more
The chart above displays the number of Nike stores operational worldwide from 2005 to 2022. In 2022, the number of Nike stores open worldwide was 1,046 or 2 less than the prior year. Number of Nike Stores worldwide 2001-2022 YEAR Stores 2022 1,046 2021 1,048 2020 1,096 2019 1,152 2018 1,182 2017 1,142 2016 1,045 … Read more
Amazon is the leading R&D spender in the entire industry, which spends more than double on research and development each year of what any other tech giant does. It has also experienced a lot of growth in both ecommerce and cloud segments over the recent years. Amazon’s R&D budget is growing just as rapidly as … Read more
Amazon’s operating expenses have grown sharply in recent years. The e-commerce giant generated more than $500 billion in net sales in 2022. However, its net operating expenses also remained higher than $500 billion. Amazon had to bear a net loss of $2.7 billion in 2022. Its operating income was only $12.25 billion or less than … Read more
The chart above displays the quarterly net income of Amazon from 2020 to 2023. Amazon has generated a net income of $3,172 million in the first quarter of 2023 compared to a net loss of $3,844 million in the prior year. Net income of Amazon (quarterly) 2011-2023. Amounts are in millions. FY 2023 Net Income … Read more